March 15, 1902.]
a minor matter. Passengers who have to wait in the station cannot even sit down in summer, for the seats are always wet and the pavement is one pool of water. Sometimes all the chairs are engaged, and the plight of the traveller is then very disagreeable, for he has to stand about the sloppy station for some time getting wet and irritable when, if the station were roofed in properly, he might endure the delay with philosophy.-Yours, etc.,
MOUNT KELLET.
TO THE EDITOR OF THE "DAILY PRESS." 11th March.
-205
CHINA OVERLAND TRADE REPORT.
morning you report the prosecution by Mrs. There were no questions, and the CHAIRMAN Bell Irving of her washerman for breach of proposed the adoption of the report and contract. In neither case is the defaulting accounts. servant's name -not to speak of a description- Mr. DAVIS-I have much pleasure in second. given. The dady and gentleman in questioning the adoption of the report and accounts. deserve the hearty thanks of all Hongkong Cur affairs seem to be in a very satisfactory residents for their action, action no doubt taken condition, and there appears to be every prospect at very great personal inconvenience. I trust, of their continuing so. The directors are to ba sir, that you win future aid by detailing as thanked, I think, for the satisfactory at te our fully as possible the name and all obtainable affairs are iù. particulars of servants convicted of misde- meanours.Yours, etc..
SIR THOMAS JACKS N.
HONOUR TO WHOM
J. R.
5
to
S18,-" Mount Kellett" aud your other correspondents, wi h all due deference, must be the veriest griffius, or they would know that no TO THE EDITOR OF THE "DAILY PRESS,' number of anonymous letters, though never 80
13th March. loaded with legitimate and soberly slated SIR, On the eve of the departure for home grievance, would receive even the scantest for retirement of this Napoleon of the Banking consideration at the bands of the autocratic world of the Far East it would be a graceful General Managers of the Peak Tramway, act on the part of the various Parsee and other Their unalterable policy is to sit tight in their Indian firms and brokers to arrange armour-plated indifference, and turn a deaf ear entertain him at a grand banquet by way of to all complaints. It is possibly as well for a showing their high sense of regard and esteem long-suffering public that the Company's hands for him and appreciation of his sterling qualities are tied by Ordinance in the matter of fares. of head and heart, which are too well known to Their uncompromising attitude over the erec-require enumeration - Yours, etc.. tion of a chuir shelter will be fresh in the memory of most of your readers. Fortunat ly the P.W.D. stepped manfully into the breach, and saved the Company's "face." They can, however, scarcely expect the Government to roof in and otherwise protect their upper terminus from the inclemency of the elements. Still there is not the slightest shade of a shadow of a doubt, that if some arrangement could be effected, whereby the Peak Hotel proprietor, would do so for them, they would not refuse the alms. The wonder is that the shareholders themselves don't move to put a stop to a stinginess on the part of the General Managers of the Peak Tramway that threatens to become a byword. Yours, etc.,
TO THE EDITOR OF THE
HILLSIDE.
DAILY PRESS.
>>
HONOUR IS DUE.
HONGKONG HOTEL CO., LD.
The motion was put to the mee'ing and car- ried unanimously.
Mr. P. A. POTTS proposed the re-election of the retiring director, Mr. W. Parfitt.
This was seconded by Mr. LO CHEUNG SHIU, and carried unanimously.
On the motion of Mr. DENISON, seconded by Mr. Ho KUM TONG, the appointment as auditor of Mr. H. U. Jeffries was confirmed, and he and Mr. W. H. Potts were re-elected audit rs for the ensuing year.
The CHAIRMAN-That is all the business of the meeting, gentlemen, and I beg to thank you for your attendance. Dividend warrants will be ready to-morrow morning at ten o'clock, and can be had ou application to the secretary.
THE WANCHAI WAREHOUSE
AND STORAGE CO., LD.
An extraordinary general meeting of share- The ordinary half-yearly meeting of shareholders in this Company, in liquidation, was holders was held in the Company's Hotel on at 3 p.m. on the 10th inst. Mr. F. G. Schröter held at the offices, 5. Queen's Road Central, the 11th inst. Mr. R. C Wilcox (chairman) presided, and the oth rs present were Messrs presided, and the others present were Messrs. E. Osborne, W. Parfitt (directors). H. C. J. Orange, A. G. Morris, E. Osborne (consul- Wilcox P. C. Potts, G. C. Anderson, M. S. ting committee). H. Oldenbury, O. von der Northcote, C. N. Young, W. Davis, J. E. Hyder, E. B. Shepherd, Mr. S. Northcote, Gomes, A. Denison. Ho Fook, Lo Cheung Shiu,
and H. Brodersen (secretary). Ho Kum Tong, and C. Mooney (secretary).
The notice convening the meeting having
been read,
The CHAIRMAN said-Gentlemen, following our usual custom. I will, with your permission, Hongkong, 13th March,
take the report and accounts, which have been SIR,-Although I am not quite such a
in your hands for some time, as read. I think griffin your correspondent
as
Hillside you will agree with me that the result of the imagines, I cannot believe that the Directors working of the past half-year was very satis- and General Managers of the Peak Tram-factory. The profit netted showed an increase way are quite so mean or quite so deaf to the appeals and indifferent to the com- fort of passengers as he makes out. I much prefer to think that now they have, through the consistent and generous support of the public, earned large profits and receivel good
what is practicable for the safety and good health of the pa: sangers by this little line, It must be admitted that the Peak residents have waited patiently for much and long needed improvement in the Peak Terminus, aud now have a right to expect some consideration. But until I see that the Company intend to do nothing, I am prepared to suspend judgment. I think it will be time to denounce the manage- ment when they have shown that they do not intend to move in the matter. But they might at any rate give the public some assurance as to their intentions.-Yours, etc.,
MOUNT KELLETT.
DAILY PRESS.
""
over that of the corresponding six months of 1900 of $13,401.80, or about 18 per cent. That means substantial progress, which is the more
notable inasmuch as the profit for the final half-year of 1900 was a record result. The im- provement has, moreover, been obtained in spite
to
our
can be
The notice convening the meeting having been read,
The CHAIRMAN said-The report and fiual accounts of the Company have been in your hands for some days; you will therefore be familiar with the contents, making it unneces sary to read them again. As regards the accounts of the former general managers, I think I need only say a few words about the item of Charges Account, $1,022 2)." These expenses were i: curred in connection with the sale of the property and consist chiefly of costs for survey and valnations of property and solicitors' fees. Turning to the liquidator's account. I decided to consider the amount of ontstanding dividends, $247.50, appearing in the general managers' statement, as forfeited,
There were no questions, and on the motion of the CHAIRMAN Seconded by Mr. ORANGE. the report and accounts were adopted
The CHAIRMAN-You will observe that there remains a small credit balance of 834.26. I would ask you to leave this to me for paying some small expenses which will come after this meeting and for some charitable object.
This was seconded by Mr. MORRIS, and
dividends for some years, they are ready to do of a general and unavoidable increase in expen and added it to the money paid back to the diture, caused by the steady decline in exchange, an increase in the cost of food locally, and the shareholders. The power to deal with them in necessity of paying higher wages.
We are, as
this way is given by clause 6, section 18, of the you will note, compelled to devote considerable Articles of Association, is all these dividends sums to writing off, as depreciation through are unclaimed for more than a year. I trial to wear and tear is now very great in the Hotel. find out the persons entitled to receive this Of course, the larger our business grows the money, but I have not been successful. I shall greater necessarily becomes the wear and fear. be glad to answer if you have any questions. We have also felt it prudent to commence writing down the value of our steam-launch, for, though a comparatively new craft, she is subjected to hard, coustint usage. The dividend proposed is large, larger, as a matter of fact, than your directois altogether like to pay; but as they know the feeling of the shareholders on the subject, they have thought it well to recom- mend the amount, believing that it maintained unless some unforeseen and unex-agreed to. pected check should arise. With regard to the utilisation of about the disposal of the books, accounts, present prosperity The CHAIRMAN-We have then to decide
the Praya Reclamation, the matter is still documents and papers of the Company, receiving the attention of the directors, certain According to law these must be kept for details and proposals in connection with it another five years, and it seems to me the Having once sa iest way for the shareholders if I do this: I having yet to be considered. ascertained the views of the shareholders, it is would submit the following extraordinary now only necessary for the directors to do what resolution - That the books, accounts and is obviously best from a financial standpoint fr papers of the Company and of the Liquidator the Company. In reference to the prospects be kept in the possession of the Liquidator for the current half-year, I am glad to say that until the 10th March, 1907, and that then such so far we have done very well, better indeed books, accounts, documents and papers be than we expected, for it was believed that there destroyed." would be a decrease this season in the numbers of travellers passing through when compared with the last two or three years, and the profits Mr. NORTHCOTE-I presume, sir, that the are fully up to those of the previons correspond-old scrip will be returned by shareholders to the ing six months. These are all the points office. Sig-The other day you reported in your occurring to me now, but I shall be glad to give the prosecution by Dr. Canton, of H.M.S.any further information desired by shareholders pular, of his boy for disobeying orders. This present.
TO THE EDITOR OF THE 44
Hongkong, 13th March. SIR, Billside" is quite right when he expresses doubts as to the efficacy of anonymous letters containing cheap cyni isms and still cheaper witticisms. What self-respecting Com- pany (whether it be armour-plated or not) would take notice of snch puerile pin pricks? Although a griffin myself, I should imagine a deputation of ticket-holders or a properly organised memorial to the General Managers would be more likely to draw from them the coveted and certainly very necessary shelter.-- Yours, etc,
SEASON TICKET.
·DISOBEDIENT COOLIES.
TO THE EDITOR OF THE DAILY FRESS.
11th March.
Mr. VON DER HEYDER seconde:l, and the motion was carried.
:
The CHAIRMAN-Yes. This is the last time I have to trouble you, gentlemen; 1 thank you for your attendance.
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