ULLMANN'S SUMMER SALE
AUGUST 1st-30th
15% - 30% DISCOUNT
on
CUT GLASS
J. ULLMANN & CO.
CHATER ROAD
THE QUALITY JEWELLERS.
THE HONGKONG TELEGRAPH. THURSDAY, AUGUST 4, 1932.
CANADIAN CLUB WHISKY
Best For
Cocktails
OBTAINABLE AT
THE FRENCH STORE
99, Queen's Road Central, Near Central Market..
And at.
ALL LEADING WINE DEALERS.
FIGURE IT OUT
FOR
YOURSELF
STRENGTH
The China Healty
Co. 8% debenture ise ollern De third more in. come than from 6% investmeat -plus safely.
D
past
20
URING the
years we have negotiat-
ed mortgages amounting to more than ONE HUNDRED MILLION TAELS--with-
out ona cont of loss A principal or intelest. It is this record, proof positive of aund manage- ment, that has placed the China Realty Company in the prominent position of public confidence that it holds 11ની —— record
that is your safeguard and security
It.
were
During 1931 we negotiated mortgages amounting to $19,194,868 on property valued at over $35,550,000. will be thus seen that the amount loaned was less than 54% of the market value of the property, leaving a margin of security wide enough to cover the remotest contingency. or this $19.194.868 of mortgages, $11,915,311 as. gned to investors. The average rate of interest was 9.33,5% and our commissions amounted to F146,825, or 0.765%. It will be clearly seen by these figuers that on the basis that this company operates; it can easily afford to pay 8% interest on the volume of the business of 1931 and yet make a profit of 1399,525.00 on the mortgage de- partment alone! These debentures have an additional security of $5,000,000 capital.
Compare these figures with the earnings of any other com- pany, we shall then be pleased to show you how your money in sums of 100 or more can earn 8-one third more income-FOR YOU.
---CUT OUT & MAIL TODAY--
China Realty Company.
Secretary,
70, Seochuen Road, Shanghai.
Dear Sir,
Please send me without obliga- tiem as my part a copy of your last balance sheet and other information regarding your 8% debenture issue. Name
Address
This is No. 32 of a sorios advertisements ismað
to interest Hongkong investors in the liberal investment opportunities offered by the China. Realty Company, Shanghai.
CHINA REALTY
COMPANY
CAPITAL TAELS 5.000.000.00
FEDERAL INC
U.S.A.
THE REAL ESTATE MARKET PLACE OF SHANGHAI
70...
SZE CH
ม E N
R
5 H 'AN
C H AI
H
N
SOUTH
CHINA
UPHELD
Favoured by Legal Opinion
in Soccer Dispute
NEW ELECTION TO BE HELD BOWING to legal advice on the
construction of the rules of the Hongkong Football Associa- tion in regard to the dispute be- tween the Association and South China Athletic Club over the eloc-|AT. Hampson, the tion of the Council at the last annual meeting, the Council, on the motion of Mr. R. K. Duncan, yesterday agreed to call an ex- traordinary general meeting of the Association with a view to straightening matters out.
SPLENDID action picture of British athlete who yesterday established a now world's record of 1 min. 49 8/10th secs. in winning the 800 matres race at the Los Angeles Olympics.
Mr. R. II. Kolewall addressing the meeting then said:
"As the one who presided at the
After informing members of the council that the meeting was a specialist annual meeting, I should like to one called at short notice, the chair explain my own position; and give nian said.
you my personal views. I took the chair at the meeting by virtue of my office as Vice-President in the absenco of the President, Mr. R. M. Dyer. The procedure adopted at the meeting was I am given to understand, the same as that followed at similar meet. inge in previous years; and it never occurred to me at the time to look up the Rules, no question AS to the procedure having been raised before or during the meeting.
HOCKEY SEASON'S APPROACH
MAMAK TOURNEY PREPARATIONS
FRIDAY'S MEETING
Preparations for the forthcom- ing hockey season and the Mamak tournament will be discussed at a general meeting of clubs to be held in Moasrs. Jardine's board room at 5.30 p.m. en, Friday next. Mr. Owen E. White will preside and Mr. E. V. Marshall (Hon. Secretary) will also be present.
Any hockey club which has not · ́ already applied to take part in the Mamak tournament for 1932 is in- vited to send two reprosetatives to the meeting who will enjoy full voting powers in the election of affeers and any other business.
JAPAN WINS
HOPMAN FALLS BEFORE SATO INTERNATIONAL TENNIS
Bournemouth, Aug. 3. Japan's ascendancy gained on the first day's play in the interna- tralia, was maintained to-day, tional tennis match against Aus- when Jiro Sato defeated Harry Hopman in a five set match.
"I am sorry if the notice has been a little shorter than in customary, but I feel sure that the importance of the question at issue and our desire to have it settled, will cause you to ngree with me that it is essential we proceed as quickly as possible.
"At
our last meeting, if you remem ber, we decided to take legal advice on the question raised by the South China Athletic Association as to who should vote at the annual general
1 M
am glad that it has not been sug. meeting. Mr. G. Ormiston and Mr.gested by anyone that the Council H. M. McTavish put the case before deliberately adopted the procedure Mr. O. B. C. Marton of Deacons, and they did at the meeting with a fall on Saturday last we received Mr. knowledge of the requirement of the Marton's opinion which I will read to existing Rules, I believe that по опе you later.
was aware of the altered rule until after the meeting was held. Even Mr. Mok Hing himself, who has taken fierce struggle in the final act such a deep interest in the matter, saw it go to the Japanese at 10-8. admitted, at the extraordinary meet-
Sproule gained Australia's on- ing of clubs held on July 29, that ly success when he beat Kuwabara The question was put before Mr. the validity or otherwise of the annuni 6-1, 6-3, 7-5. The Japanese twist- II. G. Sheldon, and yesterday evening meeting did not occur to him untiled his ankle and was unable to Mr. Sheldon, Mr. Marion, Mr. Me-after it was held. Nevertheless, take part in the second doubles Tavish and myself went into this the chairman of that meeting. matter very carefully and to-day I accept full responsibility, have received the written opinion of Mr. Sheldon,
"Not being antisfled with Mr. Mar- ton's finding it was arranged to have the opinion of Counsel.
Council's Rights.
I
Sato took a two-sets lead after the second had been taken to 18 games, but Hopman rallied well and regained the next two as a re- Sult of some fine all-court play.
match which was consequently abandoned, Japan thus winning
Sproule (Australia) beat Ku- wabara (Japan) 6-1, 6-3, 7-5,----
Reuter
The Important Phrase. The alteration to Rule 5 last year the circumstance of the
Mr. Duncan has explained to you the encounter by 4 match to 1.
omission To-day's results legally we are told--has doprived from the existing Rules of this all-were:-
in detail the Council of the right to voto if important sentence: "The officers and Council members are not Club re-
Jiro Sato (Japan) beat H. Council of the Hongkong Faotball presentatives and we are informed Association shall be entitled to attend
Hopman (Australia) 6-2, 10-8. that precedent does not count.
and vote at the annual general meet-
5-7, 4-6, 10-8. Rule 3 of the Hongkong Football ing or any extraordinary Association makes it perfectly clear that may be called." The omission meeting that at meeting called for alteration had not probably been notice by to rules, all present at the meeting anyone until it was discovered, by
enllled to vate, but Counsel's chance by "Wanderer" who drew at opinion is that Rule 5 is the deter- tention to it in un
factor
article in in this case. muning
Hongkong Telegraph of August 1. Rule 24 leads us to the F. A. Rules We are under an obligation to this if the question at issue he not fully gentleman for having called attention covered in our Rules but Counsel sub-to this vital fact which, to my mind, mits that the question being fully covered by Rule 6 the application to the F. A. Rules does not arise.
лес
Chairman's Advice.
I wish at this point to say that, I an not quite satisfied with opinion of Counsel but I am satisfied that there is a doubt as to who should vote, and that being so, I feel it is our duty to lose no time in calling present and consider a revolution to an extraordinary general meeting to declare the election at the annual general meeting null and vold, and if the resolution be passed, to proceed with the election of Council in strict accordance with Rule
as Interpreted
the
LAWN BOWLS
POSTPONED MATCHES
ARRANGED
makes it clear that д
The Spey Royal Cup match be- referring the qucation of the validitytween the Craigengower C. C. and
case exists for of the last election to an extraordin- the Club de Recreio, which was ary general meeting for decision. mistake has been made-though made
A postponed from yesterday owing unwittingly-and it is, I think, up to is to take place on Sunday after- to the green being unfit for play. the Council to take early stops to have it rectified.
RO.
noon at 3.30 p.m. on the Kowloon Disputes Aplenty.
C. C. green.
Next Monday, the postponed Gentlemen, we have had more than during the last year or enough disputes over football matters match between A. M. Holland and These R. F. Luz is to be played on the disputes have done and are dcing Kowloon C. C. green, while on harm not only to local sports, but also Tuesday II. Nish will meet R. S. to the harmonious relationship be- Nichol on the Kowleon B. G. C. tween European
and Chinese
resid ents, which is so necessary
for the life of the Colony. Let us
try to begin anex in spirit of mutual respect and mutual goodwill. Let us
by our legal advisers.
As chairman of the Council as it is at present, I consider it in my duty to the Hongkong Football Associa tion to recommend this course to you pat aalde all personal feelings, and
-no matter what my personal opinion endeavour to settle once for all any differences that may unfortunately may be, and I sincerely hope, in the Interest of fairplay and that sporting spirit which we consider so essential
no that concord may once more
in the game under our control
here, and soccer in Hongkong
after you have heard the views of Mr Sheldon and Mr. Martan, that we will be unanimous in our opinion that what I now suggest is the correct thing to t
to,
Mr. Duncan then proceeded to read
green.
BROOKLAND THRILLS
among all members of the Sir Henry Birkin's
may resume the proud position it
in occupied former years. With this object in view. I think that oppor extra should be taken of the proposed extraordinary general
H approved to have all other questions in dispute settled at the same
Miraculous Escape
the letters from Mr. Sheldon and Mr. This may add other difficult probead on to the narrow Byfleet foot-
Marton.
to the already difficult problem now bridge over Brooklands track dur-
nt
The few people who had crowd-
one in
recent Saturday's meet- had
Mr. T. G. Stokes enquired whether before us, but I Mr. Marton had been consulted when the rules were revised last year.
and grapple with would rather fneeing a all difficulties
of the this ing The chairman replied that Mr. Juncture than to have disagreements greatest thrills motor-racing Marton had not been consulted until creeping up from time to time in the when they saw a tyre of Sir Henry the present dispute. The question of
future. I would therefore suggest Birkin's Bentley throw its tread as the changing of Rule 5 all fell on
that if anyone has any suggestions to the car was actually passing him (Mr. Duncan) and if it had caus
make for the improvement of the An-beneath them. ed the council a lot of trouble he was
sociation, organisation and rules he Sir Henry had started from prepared to accept all that was com- should indicate them either now or scratch in the ninth event-the The fact was that at the end as soon after this meeting as possible, Duke of York's Race-and of the season last year he asked to
to the Hon. Secretary. To this most rapidly overhauling the limit cars. shroft up the rules and he spent a desirable object I, for one, am ready He was making a supremte effort to to give my whole-hearted support. (applause),
overhaul Mr. J. R. Cobb, who was driving magnificently in the
Ing.
considerable time on the Rules to gat them into what he considered a much better sequence than they were before.
A Phrase Deleted.
Motion Carried.
Was
big
Mr. Duncan sald that he thought Delage, and had taken the banking they all agreed with the fast at something over 135 miles an He had discovered the omission of part of Mr. Kotowall's statement. If hour, akirting the extreme top the phrase from Rulo 5 and since Mr. there were any existing grievances let edge, McTavish had drawn his attention to them get the whole matter settled
When the car was about 50 yards
It he (the chairman) had referred right away and let them start afresh. from the bridge a piece of rubber back to liis notes which he still had, It was two months ago that they had about 2ft. long shot Into the air but he could not find any explanation started afresh. As far as he know from the rear off-side wheel. Other for the alteration in that particular alt griovencas had been washed off
The
instance.
only conclusion he the alate and he was looking forward plecos followed, and the yellow. could como to was that it was left to a
last very long.
There was tenso anxiety for a few
out because to him, as a layman, it no period of comradeship but it did canvas could be seen on the tread. seemed superfluous,
Mr. McTavish ramarked that the an extraordinary general meeting for held the car on its course, and suc It was unanimously decided to call moments; but Sir Henry Birkin Rules had been circulated to all clubs the purpose, if thought fit, of declareceded in slowing down without and as representativea did not discovering the election at the annual general licuity. He said afterwards that the mistake, Mr. Lanean was not en-nicating null and void and of electing a piece of the flying rabbor had hit tirely to blame. The speaker thought a Cound. that Mr. Duncan was taking too much Then followed considerable dlacua him on the arm. The race was Mr. Duncan, after somo discussion,sation of the Association in regard to with Mr. J. R. Cobb second, and alon in connexion with the reorgant-won by Mr. A. F. Ashby in a Riley, said that quite a lot had been sold in the constitution of the Council. It the Hon. Brian Lewis in a Talbot the Press with regard to the omission of the phrase, but he wanted it to be should be composed of
was unanimously agreed that councils third. clearly understood that none of the tive of each of the sonier clubs in the York's trophy brought a record A Topresonte. The race for the Duchess of officers, so far as he knew, was aware League, and, on the suggestion of
on himself for the omission.
the
parently as a delicate compliment
that that sentence bad been omitted Capt. C. E. Elliot-Heywood, of three entry of women drivers, and, ap- from the Rule. He thought that they other nil had sincerely felt that they were Army, Civilian and Chinese clubs in some minutes Into. The winner. momborz representing
to the competitors, it was started correct and wore working according to the Junior Divisions...... proceduro, otherwise he did not think any of them would, have voted at the amual general anesting.
Vico President's Position,
It was decided that this should be.was Miss E. Ellison in a Bugatti, discussed at the extraordinary gen while Mrs.. K. Petre in a Wolseley oral meeting which would be called Hornet was second, and Miss J, C. for, next. Wodatsday-week. ".......
-Schwedler-in an Alvis third.
་
No comments yet.
Private notes are available after approval.