1930-02-15 — Page 3

ELITE "STYLES

THE HONGKONG, TELEGRAPH. SATURDAY, FEBRUARY 18, 1930.

GREAT WINTER SALE

NOW ON

We are including in this Sale, a fias selection of— AMERICAN COLOURED

FELT HATS

Also-

STRAW HATS

and

WHITE FELT HATS

ALL SORTS OF

HANDBAGS

SPECIAL FOR THE

RACES

Prices Very Low.

ELITE STYLES

A.P.C. BUILDING.

TEL. 0.2432,

SAFETY 1ST

SCIENCE PROVES.COLD WEATHER NO PROTECTION

FOR FOOD

W

WITHOUT SAFE REFRIGERATION FOOD SPOILS AND HEALTH IS MENACED IN WINTER AS

IN SUMMER

Health authORITIES URGE THAT, FOOD BL SAFELY KEPT IN A CONSTANT TEMPERATURE AS WITH FRIGIDAIRE

INSTALL

YOURS

NOW!

2ND

3RD

FRIGIDAIRE

PRODUCT OF GENERAL

MOTORS

SOLE DISTRIBUTORS FOR HONG KONG & 5.CHINA

DODWELL&COLD

QUEEN'S BUILDING.

TEL.C, 1030

Parcels of clothes for the H. K. Benevolent Society can be left any day with Mr. Grenham at the Y.M.C.A., City Hall.

DENIAL OF FRAUD.

DEBTOR AND LIABILITY TO

FRENCH BANK.

French Bank and naked them to take proceedings against. Biard,

Replying to other questions, dabbor agreed that he had 1,500 shares in Hongkong Tramways which he realised on November An allegation that he had 14, 1929 for the sum of $28,460, realised his property to the ex-which, he said, he used to pay off tent of $117,040 in order to place debts.

It beyond the reach of his credit- The Official Receiver: You ors, and that it was his aim to realised your property between defraud the French Bank to November 13, 14 and 15, after which he was liable for $28,000, you know you had been swindled WAS dented by Kwok Sze-lol, in respect of this paper, to the allas Kwok Chun-sang, ation Widg extent of $117,040. Practically Sik Tong, when undergoing his speaking that was the whole of public examination in the Bank-your property, every dollar of 117, ruptcy Court yesterday after-That was all..

noon before the Chief Justice You got rid of it all for cash? (Sir Henry Gollan). Debtor ap: Yes.

peared in connexion with the

bankruptcy of Messrs. S. L. Kwok You knew you were going to be lable to the French Bank for and Company,

accepted bills1-Al- Replying to the Official Receiv$28,000 on or (Mr. E. L Agassiz) debtor though I found I was liable for said he was 29. years of age and this amount, still they could have lived at No. 12. Arbuthnot Road, referred them back and they second floor. Originally he was might have been able to get their managing partner of the debtor money. frm which had an account with I pat it to you that the whole the Bank of China and the French object of these transactions was Bank, which accounts were now to defraud the French Bank and closed. Debtor added that he that is why you did it?—I didn't founded the firm with several mean that at all, friends.

Shares Söld.

Not. to Defeat Creditors, To put your property out of He had had shares in the Tui their reach so that they could not Shing paper manufactory for 25 get hold of it. Your shares and years but he sold them on Novem-house property were, all removed ber 13, 1929, for $8,580, in order from the reach of your creditors? to repay a debt of $20,000 to his-No, not at all. brother-in-law. He raised the Can you give me any reason? balance by mortgaging his two Since I promised to pay debts houses, the one he was living in that were due to various people, and No. 1b Dragon Terface, re- I had to keep my promises and ceiving the sum of $80,000 ön the dispose of all I could repay mortgage. The reason why he in explaining how he contract- took those steps was because hed debts, at one stage of the pro- not able to get loans from credings, debtor stated that he his friends.

lost $25,000 in exchange specula- Answering further questions, ion in gold at Canton. debtor stated that the company was started in 1928 with a capital. of $20,000 of which sum be con- sent he was being kept by his eld- tributed $10,000 himself. He or-er brother, as according to Chi- dered paper from a "min named nese custom. the glder brother Blard, in Switzerland, and accopt must support the unfortunate ed two bills worth £2,500 which one.

Wad

Deblor further said that at pre-

became due on December 14 The examination was closed. 1929.

Mr. Agassiz:-You were liable) to the bank for £2,500 on these

Other Capes.

Adjudication was granted in two and also on some others? respect of Shing Wo. Tong, I deny I owed the French Bank Treung Fu Kwong and Tseung this money because the officials Ping-kwong, the latter two being told me that Blard was a" sub-partners in the King Edward stantial man and if they were re.Hotel The Ka Lun Fook Kee. Arm, alias the Ka Lun Armand ferred to him he would pay.

"dis- The bank has obtained judg-Chung Kam-ching, were ment for $28,000 against you? charged.

Yes.

That is for the £2,500-on the ac-

cepted bulls. The other bilin aTHERAPION NO. 1

notased on

A

A Paper Swindle. Debtor continued that two car- goes of paper did not arrive and he realised that he had been swindled AD he wrote to the

THERAPION NO.2. THERAPION No3

14. 1 for Bindow Coffeeh_Sta. E for Keed

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