1930-12-23 — Page 5

THE HONGKONG TELEGRAPH, TUESDAY, DECEMBER 23, 1930.

A copy of this Prospectus has been filed with the Registrar of Companies.

The Subscription List is now open and closes on or before the 2nd February, 1931

PROSPECTUS

of

THE SOUTH CHINA MOTOR-SHIPBUILDING

& REPAIRING WORKS, LTD.

(Incorporated under, the Companies Ordinances of Hong Kong 1911-1926).

Authorized Capital $2,000,000.00.

Divided into 200,000 Fully paid up Shares of $10.00 each of which

16,500 Shares have been allotted.

Issue of 58,500 Fully paid up Shares of $10.00 each at $10.00 a Share $10.00 payable or application, now offered for Public Subscription.

DIRECTORS

Mr. P. M. Hodgson, Bolicitor, Mesars. Te'o & Hodgson (Chairman)

Pedder Building.

Mr. II. H. H. Priestley, Director, E D. Sassoen Banking Co., Ltd.

French Building.

French Building.

Mr. J. M. Noronha, Secretary. Credit Foncler d'Extreme Orient

Mr. Sum Pak Ming,

Compradore, the Yokohama Specie Bank, Ltd.

Compradore, the Java China Japan Lijn. 286, Des Voeux Road, Central.

Mr. Ko Leong Hoe, Managing Director, Hu Hong Bank, Ltd.

Managing Director, Ho Thong Co., Ltd.

19, Queen's fond, Central.

Mr. Tang Shiu Kin, Principal, Tin Puk Bank

171, Queen's Road, Central.

BANKERS

The Chartered Bank of India, Australia & China.

AUDITORS

Messrs. Thomson & Co.

SOLICITORS

Messrs. Ts'o & Hodgson.

PEGISTERED OFFICE

St. George's Building, Hong Kong.

1. The objects of the Company

re to organize a modern and up-to-date Shipyard and Repairing Works apecialising in Motor-Shipbuil ing and Repairing of Motors of all descriptions. The shipyard will miso undertake to build or repair vessels other than those driven by Diesel Engines and motors.

2 It is a well-known fact that Motors, Moterships, and Diesel-Engines are being built on an increased

acale every year.

Factories and other power plants un land are steadily replacing heir steam enginer with Motor and Diesel-Engines which are far more economical.

The latest Shipbuilding statistics show 99% for Motor-ships against 10% for steamships.

3. The Company will be in a ponition to take full advantage of all the latest epoch-making inventions in

shipbuilding and avoid having any part of its capital tied up in obsolete equipments,

4. This means that a Motor Shipbuilding Yard with Repairing Works for all types of Motors will not

unly have new-buildings to complete but will have repair work on hand on pr. increased scale.

5. A Yard specialising in Motors requires less machinery and equipment than an ordinary shipyard, thus eliminating heavy and expensive plants for the building of boilers and other steam auxiliarles.

6. What is essential in a Motor Shipbuilding Yard is a well-equipped Repair Shop for Diesel Engines

and Motors for land and sea and up-to-dato facilities for docklag ships.

7. The Company has entered into an Agreement with the Hongkong Government to acquire a most suitabio space known as Kowloon Marine Lot No. 90 at To Kwa Wan, Kowloon Bay, with a total area of 292,000 sq. ft. with all buildings, etc. This area until recently was occupied for more than 25 years by the Kwang Tack Cheong Shipyard Ltd., which has built more han 120 ships.

WÜN surveyed in 1926 8. The purchase price is $295,000 of which $59,000 has been paid. It

and valued by Messrs. Denison, Ram, & Gibbs at $303,000 and resurveyed and revalued by Messra. Palmer & Turner in July, 1930 at $345,100. This in the value of the land when used for ordinary purposes, but as a Marine Let already reclaimed and consolidated at considerable expense, its value should be fixed at a much higher price.

9. The buildings have been repaired, two new steel workshops have been erected and machinery, tools, etc. which have been purchas d have arrived from Europe. The shipyard will soon be again fully equipped and in working ordx. 4 building berths for ships up to 350 feet length are at car dis- posal, and it is proposed to build 4 most up-to-date slipways for ships up to 300 feet in length

10. The shipyard and repairing works are under the management of an experienced Motor-shipbuilding

Diesel Engine, and Motor-Engineer who has been in Hong Kong since the last 10 years.

11. The Company will be able to give its customers every satisfaction so far as good workmanship and

reasonable prices are concerned, and will have expert and experienced supervision.

12. The Company will first be supported by the Hui Fook Shipping Co., Ltd. which has placed with the South China Motor-Shipbuilding & Repairing Works, Ltd. an order for the con- struction of 2 up-to-date motor ships of 300 tons deadweight each. It is the intention of the Directors of the Hol Fook Shipping Co., Ltd. to place an order for two larger moterships upon the satisfactory completion of the first two vessels. Hence from the very beginning the Company will have sufficient work on hand to keep Its shipyard busy.

“18.". Messrs.” Brandt & Co., Ship-Brokers, Shipping Agents, Marine-Valmera-Surveyors &-Architects, are the General Managers. They have offices in both Hongkong and Canton, and an European Agent In Hamburg, Germany,

The Principal of this firm has had 24 years wide experience in shipping and ship-building, and be fore coming to China ho hold besides other responsible positions the post of Managing Director of a popular shipping concern in Hamburg.

-14. The number of shares fixed by the Articles of Association as the qualification of a Director is 250

shares and the remuneration of the Directors in $750.00 per annum and 6% of the act profits.

15. The amount estimated for proliminary expenses is $3,000.00.

16. The Memorandum of Association of the Company forms part of this Prospectus.

17. Prospectus and forms of sppication can be obtained at the fee of the Company or its Bankers

or Solicitors,

Dated this 17th day of December, 1930.

LOCAL RADIO.

A KO SHING THEATRE RELAY.

To-day's radio programmo to bo broadenst hy Z. B. W. on a Jength of 355 metres,

TAYO-

5.00 p.m. European Programmo of' Columbin Records selected and sup plied by Messrs. Anderson and Co.

5.00 6.00 p.m. Variety. Band-Lione Moncklon Memories.

Dobroy Somers' Band. 0881. Dual-Say A Little Prayer For Me.

Layton and Johnstone. 278. Duologue-Dizzy.

Burns and Allen, - 280. Chorus-A Ragtime Review.

The Old-Timo Ragtimers with Orchestra. 127. Song-You're In Love and I'm In Lovo. Ruth Etting (Comedienne). 10. Pianoforte Solo-Nippy Medley.

Billy Mayerl. 298. Ukulelo Sain-Sing (A Happy Little

Thing).

Ukuleld Ike. 280. Organ Solo-Watching My Dreams

Go By.

Quentin Maclean, 289. Song Florrie Fordo Old Time Medley. Florrie Forin (Comedienne). 9780. Orchestral-Paul Rubens Memories. Orchestral-Ivan Caryll Memories.

Columbin Light Opera Ca. 9886.

p.m. From

The Studio

6-6.46 Children's Prograrume.

Miss Noral Didsbury will play "La Gazelle" on the piano,

6.45-7.20 p.m. Concert Items, Violin Solo-The Zephyr.

Violin Solo-Blastte,"

Efrem Zimbalist. 5314.

Song-My Ain Folk. Bang-Eileen Alannah,

Dama Clara Butt (Contralto). 341. Pincoforte Silo-Marche Militaire.

Willam Murdoch,

Violin Solo-Air.

9273.

9610.

Arthur Catterall. Song-Queen of Sheba-She Aluno

"Charmeth My Sadness,

Norman Allin (Bass), 126: Cello Salo-Tarantelic,

W. H. Squire. 2371. 7.20-7.15 p.m. Hand Sélections. "1812" Overture.

IL M. Grenadier Guards. Tannhauser-Grand March. The Prophet-Coronation March.

SmartGifts

FOR "MEN"

Our selection of suitable Gifts

for Men is larger this year than

ever. You are invited to call and inspect our large selection before making your final Purchase,

A Few Suggestions

570.

Ties from

Royal Guards' Band, 9404. The Beggar's Opera-Selections.

H. M. Grenadier Guards, 027. 7.45-8.00 p.m. Musical Comedy, The Gold Diggers of Broadway-

Selections.

Regal Cinema Orch, 1912. The Desert Sung-The Desert Song.

Edith Day and Hurry Weichman. The Desert Song-French Marching

Song.

Edith Day and Chorus, 9211 8.00 p.nl.

Ko Shing Theatre Relay, 9.00 pan. Weather Report. Local Time, etc.

11.30 pm. Cose Down,

HOLIDAY EXTENSIONS.

WI Listeners please note the ex- lension of the evening European Breadcasting Programmes during the Christmas and New Year Holidays:

Wednesday, 24th December, 11.30 p.m.

Thursday, 25th December, to 12 midnight.

Friday, 28th December, to 12 midnight..

Saturday, 27th December, to 12 midnight.

Monday, 29th December, to 11.30

..

Wednesday, 31st December, to 12 midnight.

Thursday, 1st January, 13 12

midnight.

A Dance Programme will be brand- cart on each of the above mentioned evenings from 11.30 p.m. to the con- clusion of the evening transmission.

CHINESE "INVADE"

SETTLEMENT.

AN ALARMING INCIDENT AT SHANGHAI,

Shanghai, Dec. 22. Serious trouble has occurred be tween police from the Interna- tional Settlement and Chinese do. tectives from the Bureau of Pub- lin Safety, in Chinese territory, over the disposition of a coolic's body found at Tung Wen College, the famous Japanese culturai Ins titution on the extra-Settlement road.

The body was found by the faculty, and the Settlement police were asked to give advice. When Boven foreign detectives were at the school, a aquad of the Safety Bureau's men arrived, and with drawn pistols ordered the for- oigners to go away, emphasizing were determined to that they shoot it out otherwise.

Considerable alarm la felt here over auch an

an incident, as the collego is undoubtedly inside the Settlement limits, and the Chip- eap were murderously determined. In this latest invasion of foreign- controlled territory.

Negotiations are now proceed- Ing between the respective au- thorities, but it would seem the Chinese have been victorious, in view of the fact that the body Is now in the mortuary in the native city. Our Own Correspondent

COUNT

THE

"TELEGRAPHS"

and then let us plan

your 1931 Advertising Campaign

Stud Sets

Tio Sets Shirts

$2.95 to $ 6.50 15.50 to 25.50

Brace Sets...

5.75 to 8.80

8.95 to

12.50

7.95 to

15.50

2.75 to

5.50

4.50 to

8.50.

Socks

Golf Hose

Etc., Etc.

SHOP EARLY FOR

CHRISTMAS

AT

WHITEAWAYS

In the Parisian Manner

FASHION has touched magic fingers to the camera given it beauty of line and charm of color. The leathers, the linings, the metal appointments-each re- veals the result of study, each radiates style and chic. In their new splendor, the Kodak, Brownie and

modish wo Ciné-Kodak merit the favor of every man who likes to keep her costume in key.

If your dealer doesn't show the Colored Cameras by Eastinan, write for the name of one who does. You'll find picture-making so alluring with the latest and loveliest outfit.

Give her a

KODAK

This Christmas

EASTMAN KODAK COMPANY, 24 Yuma Ming Yuen Road, SHANGHAI

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