1932-07-14 — Page 9

THE

HONGKONG

Application has already been made and accepted by the Committees of the Shanghai Stock Ex- change and the Hongkong Stock Exchange for quotations of the Company's shares.

1932.

The Subscription List will be open nt 10 am, and close at 3 p.m. on the 18th day of July,

UNITED THEATRES.

(Incorporated in the United States of America) Authorized Share Capital

TELEGRAPH. THURSDAY, JULY 14, 1932.

LAWN BOWLS.

THE TAIKOO, TEAMS FOR SATURDAY

Shanghai Taels 5,000,000 divided into 1,000,000 Common Shares of Shanghai Taels 5 euch, fully following players on Saturday after

paid and non-assessable.

ISSUE OF

150,000 Common Shares of Shanghai Taels 5 cach par value, which have been privately underwritten by the Promoters and their associates,

and

150,000 Common Shares of Shanghai Trols 5 each of par, which are now offered for public subscrip- tion on the terms of this Prospectus and which have been underwritten by Messrs. E. L. Ellas & Co., 16, Central Road, Shanghai.

Applications for the above shares should be mude in the form accompanying this Prospectus through any of the Company's Bankers for and on behalf of the Cmpany as follows:-

CAPT. R. E. SASSOON

T. G. WEALL, Esq..

1 KAN. Eнq.,

JAMES BACK HOUSE, Esq..

KO LEONG HOR, Esq.

GRANT MARK, Esq..

F. W. SUTTERLE, JIL,

FJ. Senu. Esq..

R. K. BUTLER, Esq.

Taels 5 on application.

DIRECTORS

Director of E. D. Sasston & Co., Ltd. Director of Dodwell & Co., Ltd,

Managing Director of Bangkong Amusements Ltd.. tongkong. Chairman of Board of Directors of Hongkong Amusements Ltd.. Hongkong.

Managing Director of Ha Hong Bank Ltd., Hongkong, Director of Hongkong Amusements, Ltd., Hongkong.

General Manager of China Finance Corporation. Federal Inc., U.S.A.. Shanghai.

Vice-President and Treasurer of China Realty Co., Federal Inc.

U.S.A., Shanghai.

Vice-President of Clina Finance Corporation, Federal Inc., USA. Shanghai.

Director of China Theatres, Ltd.

SECRETARY AND REGISTERED OFFICE

J. A. TURNER, Esq., Chartered Accountant.

9. Avrane Edward VII, Shanghai

BANKERS

THE CHASE BANK, Shanghai and Hongkong. NATIONAL. CITY BANK OF NEW YORK, Shanghai and Hongkong.

SHANGHAI COMMERCIAL & SAVINGS BANK, LT, Shanghai.

SCHUBE

SOLICITORS

DAVIES & N., E. LURTON. 141 Szechuen Road, Shanghai. TETSDALE NEWMAN & Co., 15 Peking Road, Shanghai.

AUDITORS

SEUIL, MANCHUL. & MCLARE, Chartered Aremintant- 9. Avenue Edward VII, Shanghai.

GENERAL OFFICE

18. Szechen Road, Shanghai.

PROSPECTUS

The objects for which this Company has been formed are as contained in the Articles of to- corporation, and Bye-Laws of the Company, and in particular to nequire, take over, operate and control a group of the leading motion picture theatres throughou China and the Orient generally.

Mr. Lo Kan, who has consented to serve as the first Managing Director of the Company, is well known throughout the Orient and America as a pioneer in the notion picture business in China and Hongkong. He has had a long and wide experience and has a specialised knowledge of all branches one of the promoters. and of the cinema industry. Mr. Lo Kan has achieved outstanding success as Managing Director of the Hongkong Amusements, Ltd., Hongkong, since its inception, and he directs or controls more than 30 of the leading cinema-theatres in China and Hongkong of several of which

as follows:- he is the owner, and some of his several appointments are

Managing Director:-

HONGKONG AMUSEMENTS, LTD.

CHINA THEATRES, LTD.

Director:-

YANGTSZE AMUSEMENTS, LTA

EASTERN AMUSEMENTS, LTD.

Member of Committee of Management; ..

CATHAY AMUSEMENTS. LID

Chairman, Board of Directors

NORTH CHINA AMUSEMENTS, LTD.

Part of the proceeds of the present issue, will be used to acquire:--

17)

+b)

Control of a minimum of 10 at the leading motion picture theatres in Shanghai and outs pirts under an agreement entered fate between Mr. Lo Kan and the Company.

A majority sitare interest of the Hongkong Amusements, Ltd., under an agreement entered into between certain shareholders of the Hongkong Amusements, Ltd. and the company. Control of the Puma Films, Ltd., and the Theatre Equipment Co., Ltd.

The estimated cost of obtaining this control is Tis, 2,300,000.00 and is based on the past working

of the theatres at present in operation.

RUGBY

"TEST"

DECIDER

(Continued from Page 8.)

In their matches against the Kew. luon C.C. in the First Division and tho tralia had a five points lend. Hongkong Electric in the Second, the

England's passing was cleaner Taikoo R.C. will be represented by the noon, commencing at 8.80 p.m.;

and snappier than the Australians, but the home players were piny- First team v. Kowloon C.C. (away);ing hard footbali. In the first five W. Weir, D. Bone, J. Watson, W. Wotherspoon (Skip); W. Brown, J. scrumis Australia was successful, Palon, R. Keown, G. McLeod (Skip); but from then to half-time Eng- J. Chalmers, J. Chapman, J. Russell, D. Munro (Skip),

land dominated, with Adama play-

Second Tour v. Hongkong Electric in a magnificent game at half- R.C. (Home): A. MacIndoe, J. Waid, T. back. The kicking of McMan Grimes, J. McKechnie (Skip); A.

Stalker, T. Swan, S. Hope, C. Mat- was superior to that of Sullivan theva (Skip); E. Greenwood, C. in the first half, in which McMil- Summers, G. Stewart, J. Sloan (Skip).an found the time near the ear-

Dates Arranged For The

Operi Championship. Further fixtures in the open lawn bowla championship have been minde by the committee. Competitors are requested to note that in any case where it is desired that a match be played before the date arranged sanction must first he obtained from Mr. H. Hampton while in CAROS where matches are postponed on ac- count of bad weather they are to be slay of the following week. played on the same green the same

It has been decided that the First Round of the Spey Royal Cup shail be concluded by August 8,

The Second Round fixtures in the Open championship are appended:

Monday, July 18.

(Poller RG.) El Arculli v. J. B. Chapman.

(Kowloon 8.G.C.) F. V

H. Whitt v. C. S. Brat, Sherriff v. V. Petherick C, G. Silvan' v. L. Luck.

Tuesday, July 19. (Kowloon CC)

H. G. Cooper . A. W. Grimmitt, A. S. Gomes v. R. S. Nichol.

Wednesday, July 20,

(Club de Recrela)

J. Fraser v. A. M. Holland, H. Nish v. II. Hampton.

Monday, July 25.

(Kowloon C.C.)

C. J. Tacchi v. P. T. Furrell, A. I. Oswick, A. K. Taylor.

(Police R.C.)

Dr. R. A. Castro Basto or R. F. Luz

v. A. Hyde Lay.

(Craigengower) W. MeLent or . J. Basta v. Goodwin or W, Mair.

Tuesday, July 26. (Club de Recreto)

F. Cullen v. 1. de Rome, Bradbury v. W. Russell.

nera several times, leaving Sul- livan standing.-

The play was not without its bad side, and in one encounter

Cliff Peares and Atkinson were at holte. Poarce was groggy when Atkinson was pulled away, and the Englishman encountered stormi of hoots. England lost Horton, with an injured knee, for a time in the first half.

BRILLIANT FOOTBALL.

Corner

AVIN

Ellaby and Hodgson were re- sponsible for brilliant football in one movement, but Ellaby's try in the

disallowed, through Atkinson "shepherding." The first half ended with Aus- |tralia 10 points to nil. The second | half was productive of extremely hard footbal, and play in this hall wag moteworthy for ensualties. Hoe was taken off in a stretcher. and Dempsey had an arm inint Esh. Norman's ru bung timply. When five minutes remained, three Australians were off injured, and there were only three in n serum. Two minutes from time Normani returned.

The last minute. was a fitting close to a great game, in which the auperior team, severely handi- capped, emerged victorious. Wels, 1 sel secured, and sped on Trom his¦ own 25 yards' line. Six Euglish.

Economy

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Wakefield Castrol Motor Oil

WAKEFIELD

MOTOR OIL

obtainable everywhere. Watch the experis, they

all use it. Be equally wise, CASTROL-ISE.

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Agents for

C. C. WAKEFIELD & CO., LTD.

men tore after him, and he came wintry nippiness, occasioned by a down three yards from the posts, į south-westerly, squally wind,

The leans were:-

It was a sensational run, and the i crowd was excited. With a few F.seconds to go. Gee, who had re- Į

(urged

final minutes, for the though he was still groggy, gross ed, and S. Pearce goaled, It was no wonder that the crowd chaired Ger and the captain. Steinohrt.

The day was sunny, with

R. W.

Wednesday, July 27. --

(Kowloon B.G.C.)

W. Ward or W. 11. B. Muskets v.

1. A. Gutierrez.

Thursday, July 28.

(Kowloon C.C.)

J.. G. Ozorio v. F. Rapley,

Bowls Postponed.

The heavy rain which fell about 5 p.m. yesterday interfered with the bowls programme, and the games scheduled had to be postponed. The Spey Royal contest between the Yacht Club and Kowloon Docks at the K.C.C. was abandoned after a few heads had been played, and will be contested at the same ground and time on Monday. Similarly the open singles cham- pionship matches had to be eniled off, and will be played on the grounds on Monday.

Rame

It is intended to use the balance of this issue, viz.. Tls. 700,000 for the erection of studios and JIM FERRIER BEATEN the production of Chinese pictures aml also for obtaining control of further theatres where advan- tageous to the Company.

(Continued from Page 3.)

shot Hattersley's ice

third hole

to

WAB 80

the badly

Negotiations are at present in progress for the lease on long term of 22 mow of land for the erection of studios. Modern equipment for the taking of sound pictures has already been purchased and an expert from the Radio Corporation of America is due to arrive in Shanghai shortly to supervise the erection of the studios and the installation of the equipment. The Company intends to lease studio short units to local companies and to encourage further Chinese companies to make sound and talking pie-pushed out that it finished on the tures. Not only will the Campary obtain a handsome return on its capital by leasing these units, but will also obtain a first refusal on all pictures produced at the studios.

When it is realised that good Chinese pictures run in the cheaper-priced theatres longer than any foreign picture, the vast possibilities of Chinese pictures will be recognized.

There are less than 100 modern theatres in China, a strikingly small number when compared with he approximate number of 1.400 motion picture theatres in Japan, illustrating the immense potentialities of the motion picture business throughout China, which is at present in its infancy. The theatres to be acquired will accommodate the release in China of the principal foreign producers with whom the Company, through Mr. Lo Kan, will have the advantage of favourable contracts already entered into, and to afford releases of Chinese productions which will shortly be available from several Chinese producing companies.

The Shanghai theatres will be well distributed throughout the city and euch is especially designed to fulfil the particular requirements of the community in which it is located.

Among the many obvious advantages to be obtained from the consolidation of a large group of motion-picture theatres under centralised control, operation and management, may be mentioned considerably reduced overhead expenditure, and increased revenue resulting from a selected distribution and better exploitation of the latest pictures, -

By having a chain of theatres under unified control the' Company will be able to establish parchasing offices in the picture producing centres in the U.S.A. and England, enabling direct contact to be maintained with some 25 or more producers who have no direct representation In China at the present time.

The issued Capital of 600,000 Common Shares of Taels 5 each par value has been fully underwritten, of which 150,000 Common Shares are now offered for public subscription in the terms of this Prospectus. If more than 160,000 shares are applied for applications exceeding 1,000 shares from each applicant will be allotted pro rata to applications.

The original Directors have been granted the option of acquiring at par (Taula & ench), within one year from the incorporation of the Company, 50,000 shares of the unissued Capital of the Company.

Applications for shares should be made upon the form accompanying this Prospectus and sent to one of the Company's Bankers at Shanghai or Hong Kong together with a remittance. Where the number of shares allotted is less than the number applied for the surplus will bo returned.

A brokerage of %% will be paid in respect of Share Allotments mudo on applications bearing the stamp or signatures of Members of the Shanghai Stock Exchange or Hong Kong Stock Exchange.

Prospectuses and Forms of Application can be obtained at the Company's offices, from the Company's Bankers, Members of the Shanghai Stock Exchange, Members of the Hong Kong Stock Exchange, Messrs. E. L. Elion & Co., 16 Central Road, Shanghai. Dated at Shanghai the 7th day of July, 1932.

15th green, and Ferrier, with on orthodox . became 3 up.

Out-driven again at the fourth hole by nuny yards. Perrier hit a magnificent spoon shot to within of the pin. Hattersley 25 Feet again pushed out, his second shot, and sailed through the green with his approach. Ferrier ran dead, and holed the 4 to be 4 up.

up

FERRIER FIVE UP.

Both players pushed their drives out at the 6th hole, and from pots

played short. Hattersley pushed out his approach again, under the 8th tee, and Ferrier, finding the green with his approach, won the hole comfortably in 5 to be 5 up.

Hattersley's response to Ferrier's good shot to the short 6th green was another pushed-out shot. He chipped up well, but ton strongly, and Ferrier, hitting the hole with * 35-footer, won in 3, to be 6 up. glorious wooden shots to the 528- Next hole the youngster hit two

yard 7th hole green, narrowly missed his 3, and with a 4 became 7 up.

Hattersley drove close to the edge of the 8th green (283 yards), but in attempting to negiate a stymie, he knocked Ferrier's ball

in for a 3, and a win..

ILD. CERTIFICATE.

Of the Societe Internationala da Placements, Basle, (Local Agonta Moagra. A. Cocke & Co.)

Wednesday's official quotation in Basle: 128. Od.

England.

Australia.

Pull-back, -McMillen: three- quarters, C. Pearce, Norman, Laws, Wilson; five-eighth, Wels- (nel; half-back, Gee; -forward, Full-back, Sullivan (captain); Stebohrt (Captain), O'Connor, three quarters, Ellaby, Atkinson, Dempsey. S. Pearce, Madsen, Brodgen, Smith; five-eighth, Pol- Heidke. Hard; half-back, Adams, forwards.

Thompson. Hodgson, White, Hor- The attendance was about 27.-

|000. ton, Silenck, Peetham.

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