1934-09-20 — Page 4

This Prospectus has been filed with the Registrar of Companies, ; pursuant to Section 38 of the Companies Ordinance 1032.

The subscription list will be opened at 10 a.m. on Friday the 21st day of September 1934 and will be closed at or before 3 p.m. on the same day.'

THE HONGKONG LAND INVESTMENT | AND AGENCY COMPANY LIMITED.

Incorporated on the 2nd day of March, 1882 nuder the Companies Ordinances of Hongkong.

Authorised Capital $10,000,000.00 divided into 400,000 sharos of $25.00 each.

Issued and fully paid-up Capital $7,500,000.00.

Issue of $2,000,000.00 4% Debentures at Par.

The present issue of $2,000,000.00 worth of Debratures now offered for a series of $5,000,000.00 worth of Kubscription at par formis part of Debentures erented by a Resolution of the Board of Directors pasard in accariance with the provisions of the Memorandum and Articles of the Company. The present issue of $2,000,000.00 now oTerol for subscription and any further issue of the balance of the series or any re-issue will all rank pari paksu as a first charge on the undertaking, property nassels of the Company both present and future without any preferencé ar priority one over another and such charge is to be a floating security.

The Debentures now offered will be issued in denominations of $5,000.00, $1,000.00 and 5500.00 each respectively.

Repayment.

All the Debentures now offered will be repaid not inter than 30th September, 1954, at par but may at the option of the Company be redeemed nt par either on the 30th September, 1944, or on any date thereafter fixed for payment of interest by giving six calendar months" previous notice.

inforest.

The first payment of interest wil be made on the 31st day of March, 19:15, calculated from the date of allotment and thenceforward half-yearly on the 1st day of March and the 30th day of September in enel year.

Debentures will be transferable by duly registered transfers in ti form prescribed. The Register of Debenture Holders will be kept na the Company Registered Office, Hong Kong.

PROSPECTUS

The Hongkong Land Investment and Agency Company, Limited, is British limited Company well-known throughout the Far East and is a incorporated on the 2nd day of March, 1889, under the Companies Ordinances (Hong Kong) for the purposes set forth in its Memorandum of Association. The proceeds of this lente (together with the proceeds of any further issue or re-issue of this series) will be employed generally in carrying out the plans of development already in progress on the Company's properties and for further working enpital as anay become necessary in connection with In particular such proceeds will be employed the business of the Company.

in building a block of modern flats In Bowen Road and in rebuilding Queen's Road premises of the Company,

There are no outstanding mortgages or ebarges against the Company's assets.

The necinis of the Company have been audited by Messrs. Percy Smith, Seth & Phuming of Bank of Canton Building, Hong Kong, and by Messrs. Linstead & Davis of Gloucester Huilding, Hong Kong, Joint Auditors of the Company whose Report for each of the three completed financial years immediately preceding the lasue of this Prospectus as regards profits maile by the Company and dividends paid is as follows:-

AUDITORS' REPORT

THE CHAIRMAN AND DIRECTORS,

THE HONGKONG LAND INVESTMENT & AGENCY CO., LTD.,

HONG KONG.

GENTLEMEN,

We have examined the audited accounts of your Company for the three years ended 31st December, 1933, and certify that the profits for that period, computed on the basis hereinafter mentioned, were as follows:--

$1,173,976.20 $1,212,812.40 / $1,131,407.12

Year ended 31st December, 1931 Year ended 31st December, 1032 Year ended 31st December, 1933 These profits are arrived at after charging all expenses of administratian, maintenance, and depreciation, and after making such adjustments an in our opinion are appropriate, but before making any provision for bonus to staff, or appropriations te. free or specific reserves or dividond. The charge for depreciation only occurs in the accounts for the year 1938 in respect of Gloucester Building. The profit on sale of properties in 1932 amounting to $322,520.57, together with certain small extraneous profits, have not been taken credit for in arriving at the Company's profita na above.

The issued and pak-up capital of the Company during the above period was as follows-

An at 31st December, 1931

AR at 1st December, 1932

As at 31st December, 1933

$7,485,076 $7,600,000 $7,500,000

comprising fully paid ordinary shares of the nominal value of $25 each. In respect of each of the financial years ended 31st December, 1931, 1332 and 1933, a dividend thereon was paid at the rate of 10% or $4 per share. No audited accounts have beer published since. those relating to the year ended 31st December, 1933.

(Sd.) PERCY SMITH, SETH & FLEMING Į

Auditors. LINSTEAD & DAVIS

HONG KONG, 28th August, 1934.

The accounts of the Company in respect of the half-year from 1st January, 1984, to 30th June, 1994, have not been audited by the Company's Auditors but bave been made up by the Company for the purpose of paying na interim dividend and such accounts shew that the profits for such half-year amounted to $022,509.63 of which amount the sum of $118,240.BG consists of profits on land sales.

An interim dividend of $1.50 per share in respect of such half-year (1st January, 1934, to 30th Junc; 1034) was declared in respect of all the fasued shares of the Company,

It will be seen from the above Report on profits by the Auditors of the Company that the present surplus rovenue of the Company is sufficient to pay the interest on the present issue many times over.

of

The whole of the present issue of $2,000,000.00 has been underwritten by the Hongkong and Shanghai Banking Corporation and by Messrs. Jardine, Matheson & Co, Limited, who will receive between them for their Svices commission of one per cent, un the amount so underwritten.

The following Contract has been inade:- Underwriting Agreement dated 4th day of September, 1934, and mado between the Company of the one part and the Hongkong and Shanghal Banking Corporation and Messrs. Jardine, Matheson & Co., Limited, the other part being the Underwriting Agreement above mentioned,

Applications for Debentures must be accompanied by remittanco in full for the amount of the Debentures applied for and sent to the Company's Bankers, the. Hongkong and Shanghai Busking Corporation.

Where no allotment is made the amount paid on application will be returned in full and in cara a less number of Debentures is allotted than is applied for the excess of such amount will be refunded.

Prospectuses and Forms of Application can be obtained at the Registered Office of the Company, Queen's Building, Hong Kong, and from the Bankers of the Company, the Hongkong and Shanghai Banking Corporation, No. 1, Queen's Road Central, Hong Kong.

Copies of the Underwriting Agreement and the Debentures above inuntioned and also the Memorandum and Articles of Association of the Company can be seen at the Ofees of the Company or at the Offices of its Bankers

HONG KONG, 17th day of September, 1954,

HONG KONG SOCIETY FOR THE PROTECTION OF CHILDREN: WOMEN'S AUXILIARY.

ONE HUNDRED MEMBERSHIP SUBSCRIPTION OF $. WILL MAINTAIN: THE WORK OF THE S.P.C. FOR ONE WEEK. WOULD YOU CARE TO BECOME A MEMBER?

Hon. Treasurors:

Mrs. Y. K. Chow, 22, Shouton

Mrs. L. W. Amps, 517, The Peak.

THE HONGKONG TELEGRAPH. THURSDAY,

CLASSIFIED ADVERTISEMENTS

25 WORDS $1.50 for 3 DAYS PREPAID 50 cents For Every Additional Day

Altomato Intortions 20% Extra.

If Not Prepaid a Booking Fee of 50 cents is Charged.

TO LET

TO LET-In Central district, pre- mines suitable for BANKS. Frontage 50 feet, depth 85 feet. Modern and up-to-date buildings. Write Box No. 10G, "Hongkong Telegraph."

HOTELS

AIRLIE HOTEL, 23-25, Nathan Road. Kewloon, ander British ownership and management. 2 minutes Star Ferry. Every modern convenience. Excellent cuisine, Special rates familles. Tele- phone 57367.

G.

R.

PARTICULARS & CONDITIONS of the Sale by Public Auction to be held on Monday, the 24th day of September, 1934, at 3 p.m., at the Offices of the Publie Worka, Department, by Order of His Excellency the Governor of one Lot of Crown Land near Stubba Rond in the Colony of Hong Kong for a term of 75 years. with the option off renewal at a Crown Rent to be fixed by the Surveyor of His Majesty the King, for one further term of 75 years.

PARTICULARS OF THE LOT.

No. of Sale

Inland

Lot No 3894.

Bretty So

Near Roral Building

Lot No. 193.

G.

Stubbs Road.

Boundary Masurements

N.B.E. W.

¡As per salt plan

About 15,854

Upret

R.

+SI

$3.983

PARTICULARS & CONDITIONS

of the Sale by Public Auction to be held on Monday, the 24th day of September, 1934, at 3 p.m., at the Offices of the Public Works Departament, by Order of His Excellency the Governor of one Lot of Crown Land near Stubbs Road in the Colony of Hong Kong for a term of 75

with the yenra,

uption of renewal at a Crown. Rent to be fixed by the Surveyor of His Majesty the King. for farther term of 75 years.

PARTICULARS OF THE LOT.

No. of vale

Registry Nu.

Lot No. 3895

Near Rural Hunding

Locality

Stubbs Road.

Bundary

Menurements.

24. 13

W.

Jikel{ba feet|text|

As u anle

plan

Contents in

one

Abort

20,001

$230

Upset Price! sq. fert

Rental.

IN LONDON Hongkong Telegraphi

The

is on sale at

*SELFRIDGES

For Advertising Rates

the London Representatives

are-

REUTERS, LIMITED Advertisement Dapt.

24, Old Jewry,

LONDON, E.C.2.

Mr. & Mrs. Y. Mori MASSAGE

ox'st

Acupuncture, Moxocaraia and Bone Setting. Holder of Japanose, and Hongkong Government Licences Curen Sprained Ankles and Wrists, Rocom® mended for many years by Loca Hospitals and Doctors.

Mizulham Huset: (1st-floor)

Your Last Chance

For Photo Prizes

Star'a Nome

Descriptive Line

5

The end of the trail Above you see the last of these photographer's mistakes which have been reproduced in these pages for the last five days. To-day's is a sticker the picture though shows two of Hollywood's best known comedians, to- gelber again In "Wonder Bar," the glamorous musical-drama the Alhambra coming to

--even

on 22nd September.

These two gentlemen are known wherever movies are known. One la rather portly. the other is noted for a silly look. With that hist, you should be able to guess who

they are...

Wits that done, grasp your pencil firmly and write down the five words which you think best describes each of them.

This is the last day of this titanic contest, you know, Four pictures of Wonder Bar" stars have preceded this one and it's not yet too-inte to get in this contest. All you have to do is get the last four issues of the "Telegraph' and do the necessary identi- fication of each of the stars pictured there.

Then send all your material to the Management, Alhambra Theatre.

"Wonder Bar," is the world- famous musicut drama -adapted for the screeen by Warner Bros-First National with an all-star cast including such notables as Kay Francis, Dick Powell, Al Joison, Ricardo Cortez, Dolores Del Rio. Hat LeRoy, Hugh Herbert, Guy Kibbee. Louis Fazenda and many others. The picture opens at the Alhambra, 22nd September,

For these

feet

On

SEPTEMBER 20,

NEW ADVERTISEMENTS.

HONGKONG & SHANGHAI INTERPORT POLO DINNER.

The above dinner will be held at 8.15 p.m. on Saturday, Septem- ber 29th at the Gloucester Build- Ing. Will members of The Hong- to be kong Polo Club intending present kindly notify Captain J. L Jordan of Murray Barracks, at an early date.

NOTICE

THE HONGKONG TRUST CORPORATION, LTD.

Notice is hereby given that Mr. H. H. H. Priestley having resigned from the Board of Directors of the Corporation, on the 17th September 1934, his Authority to sign or act on behalf of the Corporation is now determined.

Hongkong, 20th September, 1934.

NOTICE.

ARNHOLD & COMPANY, LTD.

Notice is hereby given that Mr. H. . H. Priestley having resigned from the Board of Directors of

the Company. on the 17th September 1934, his Authority to sign or act on behalf of the Company is now determined.

Hongkong, 20th September, 1934.

NOTICE.

E. D. SASSOON BANKING CO., LTD.

on

Notice is hereby given that Mr. H. H. H. Priestley having resigned from the Board of Directors of the Company,

the

17th September 1934, his Authority to or act on behalf of the Company is now determined.

Hongkong, 20th September, 1934.

win

CANTON AGENTS

for

Hongkong Telegraph.

WM. FARMER & CO. Victoria Hotel Building. Shameen, Canton.

Tel. 13501.

WHEN -AT-HOMI ........

The

Thongkong Telegraph.

MAY BE PURCHASED

AT

SELFRIDGE'S

U.S. COMMODITY PRICES

LATEST CABLED

QUOTATIONS

1934.

Jimmy's Kitchen

and

JIMMY'S ANNEX

Ic. D'Aguilar Street. Tel. 30126.

China Building,

SPECIAL SUMMER SNACKS $1.00.

Tomato Juice Cocktail

Chicken Salad

Asparagus Mayonnaise

Potato Salad Ice Cream Coffee

Chicken Noodle Soup Jimmy's Hamburger Special with Egg French Fried Potatoes

Vegetable Lemon Pie

Coffee

Tel. 24863.

Jimmy's Cocktail Fried Fillet of Garoupa Fried French Potatoes Ice Cream Coffeo

Cream Tomato Soup Giblets Curry and Rice Cheese

Jam Pan Cake

Coffee.

PICKLES, VEGETABLES AS USUAL,

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.

POST OFFICE NOTICE

AIR

MAIL SERVICES.

IMPERIAL AIRWAYS VIA SINGAPORE. Bandoeng-Amsterdam_via_Singapore, Saigon-Marsellies vin Baigon.

Correspondence for Europa and Intermediate countries will be accepted for transmission by these Services, Rates and all particu- tors are shown in the schedules exhibited at the General Post Omej and Kowloon Office. All lotters etc., must be marked “By Air Mail". and handed in at the General Post Ofica and Kowloon Offico. Unless superscribed for despatch by a specific air mail service, correspon- dence will be forwarded by the first service available.

VIA SIBERIA ROUTE.

U

Letters and postcards for Europe and South America áçe for- warded "vin Siberia" if so superscribed.

̈INWARD MAILS.” Europe via Suez (Latters and Papera) London, 23rd August—and Parcels, 18th August—and Alr Mall Ex Amsterdam Bandoeng Service Shanghai and Amoy

Straits

Гарад

Australia and Manila

Japan and Shanghai

Straits....?

U.S.A., Canada, Japan and Shanghal

(Seattle, 1st September)

Shanghai and Amoy

Japan ...

Straits

Japau and Shanghai

Shanghai

Penang Mara

Comorin Tean Toiresias

September 20,

September 20.

September 20.

Atsuta Mamu

September 21.

Kamo Maru Mantua

September 21.

September 21,

.September 21.

-Fres, McKinley

Soothow

September 21,

September 22.

Buenos Aires Maru

.September 28.

Nagato Mara Chichibu Maru Andre Lebon

Soptember 28,

..September 24.

.September 25,

Capo St. Francis

.September 25.

Shanghai

Japan

Heeter Takada

.September 25,

.September 26.

OUTWARD MAILS

For

Date and Time.

Foochow vin Swałow Amoy

Swatow

Shanghai and "Japan Antoy

Straits and Air Mall ex Imperial

Airways Service

Por Thursday.

Mesara, Swan, Culbertson and Frita have received the following quota tions on the New York exchange for yesterday.

New York Collon.

Sept. 18. -Sopt, 19.

Close

Closing Rango 12.68-12.69 Shanghai, "Japau, Honolulu, Canada, 12.71-12.71 U.S.A., Central and South Ame

rica and Europe via Vancouver B.C., (Parcels for Canada only) .. (Due Vancouver B.C., 9th October). Straits and Calcutta

March

May

Hangeng..Thurs., Sept, 20, 1.80 p.m, Tibadok... Thurs., Sopt, 20, 2.30 pan. Hydrangon.Thurs, Sept. 20, p.m. Comorin..Thurs., Sept. 20, 4.30 p.m. Tiraroca...Thurs., Sept. 20, 5, p.m.

Friday.

Empress of Japan ..........Fri, Sept. 21. Parcels,... Sept. 20, 5 p.m. Rog.,

Sept. 21, 0.15 am. Lotters, ... Sept. 21, 10 a.m.

.: Нолини

.Fri., Sopt. 21.

Parcels ......Sopt. 21, 0a.m. Lettor......Sept. 21, 10 a.m. Holhow, Pakhoi and Haiphong .... Kingyaan ......Fri, Sept. 21, 1 p.m. Japan and Europe vla Siberia.... Kamo Maru..Fri, Sept. 21, 1.30 pm. 15.23-15.25

Canton.... Haiphong..***

..Fri, Sept. 21, 2 p. 15.30-16.30

..Fri., Sept. 21, 2 p.m. 15.04-16.00 Satow, Amoy and Foochow ..... Halching 16.87-15.87

Saturday,

16.11-16.11 Lettern for "Bandoeng-Amsterdam Mantua,

Sat, Sept. 22,

G.P.O.

Sept. 21, p .Sept. 22, 9 a.. Sat, Sept. 22,

October December

12.74 12.85

January

12.80

12.04

May July

12.97

12.74-12.74 12.80-12.81 12.86-12.86

Spot

13.04 12.00-12.00 12.05 12,80

New York Rubber

the

October

December

only help

January *** March

****

July

16.26 15.00-15.00 16.40 15.57 15.85 10.08. 10.05

Total Sales:-010 lots

Air Mail Service,”

Chleage Wheat

K.P.0.

September

103

103-103%

December

May ....

1044 1034-163% 10414

Lettors....Sept. 21, 5 p.m. 103-103% Manila, Australia and New Zealand Ateuta Maru Tuesday's males: 15,620,000 bushels,

Reg

Reg......Sept. 21, 4.39 p.m.

Reg

Letters,

via Thursday Island

Chicago Corn

September December

77%

70%-70%

May

77% 79

704-70%

78 -78%

(Due Marsellion, 19th October).

(Due Thursday Teland, 4th Oct.) Straits, Ceylon, India, Hourkius, E. Mantua

and 8. Africe, Aden, Egypt and Europe via Morsellles

Letters,

K.P.O.

Winnipeg Wheat

Detober. December May

8214 Y

81-82

Parcels, Sept. 21, 4.30 p.m. Reg...

Parcole,

824-8254

Letters,

.Sept. 22, 9 A.m ..Sept. 22, 10 am,

Reg.,,..

Lotters,

B7V

87 874

***** Pres. Mckinley

Sept. 22, 4.80 p.m..

New York Bugar

Sunday.

October March Maye

Total sales: 24,000 tona

1.00

1.94

1.95

1.92-1.92 1.03-1.94 1.05-1.97

Canton Mary.. Lupch

1.13 1.12-1.14

1.14

1.14 1.4

1.14

1,16 -1.16

Nata chiropody Department,

QUEENS ROAD - CHINA BUILDING

COUNT THE

Total sales:--7,021,000 bushels

"TELEGRAPHS" December

New York. SK

February....

April

Sept. 22, 11.45 am. Sept. 22, 12.80 p.m. .Sat, Sept. 22,

C.P.O. ....Sept. 21, 5 p. Sopt. 22, 0.45 an

Sopt. 22, 10.30 a .....

Manito

Swalow, Amoy and Formosa Foochow

Foochow via Swałow Bangkok via Swatow Straits, Ceylon, India

East and South Africa

Monday.

Bun., Sept. 23, 9 a.in. ...Sun., Sept. 23, 0 nm.

Hunoh ... Mon, Sept. 24, 1.80 p.m. Kiangsu ....Mon, Sept. 24, 1.50 p.m.

Mauritius Duenos Aires Maru

Mon, Sept. 24, 2,30 p.m.

bed: corrannondence anly.