48
By Hongkong agency assets :---
Furniture
Steam lannch
Sundry debtors.
Stock
By Singapore agency assets :-
Furniture
33 14 9
514 011
365 7 10
2,621 16 6
Sundry debtors
36 18 4 1,392 12 9
Stock
2,9 x 17 9
Stock on consignment
522 9 11
By goods in transit
By consignment sales
By purchase of trading rights.
By goo is on consignment,
per contra
53 18 8
THE HONGKONG WEEKLY PRESS AND
TEBRAU PLANTING CO., LD.
ANNUAL MEETING.
The eighth ordinary general meeting of the 3,535 0 0 Tebrau Planting Company, Limited, was held at the offices of the general managers, Alexandra Buildings, on the 14th inst. when there were present Messrs. Henry Humphreys (chairman), J. A.Jupp, E. Georg, G. M. Bain, W. B. Sutton, Lau Cha Pak, J. M. Wong, and J. L. Cotter (secretary).
4,855 18 9 282 6
79 2 0 3,000 0 0
PUNJOM MINING CO., LD.
EXTRAORDINARY GENERAL MEETING.
The notice convening the meeting having
been read.-
{
[July 16, 1904.
length, however, prompted no doubt by the Viceroy, the Kwong Yip, a high polica official, went down to Shun Tak district, and joining forces with the local prefect, in-
stronghold vaded the
of the thieves at an hour when all were asleep. Lulled into security by impunity from attack, the brigands had omitted to place sentinel, so that they were caught unprepared, and out of a total of 80 members of the band, fifty-four fell into the hands of the K wong Yip, and are now langnisb. ing in the gaols of Canton, awaiting sentence. A large amount of booty was secured and also two small guns, 70 good rifles, an | a oumber of " the Chinese name for langba-in-the-face,
revolver.
The CHAIRMAN said :-Gentlemen.-The re- port and statement of accounts having been in £12,341 4 your possession for some days, I will, with your
permission. follow the usual practice, and take The Viceroy may well congratulate himself them as read. Mr. Larken's report, which is on the work done in the suppression of brigand. attached to the report and statement of ac-age during his term of office. This last coup counts, will give you full information as to the (in January may recall to mind the capture of work done on our plantation, and it will not be
Ao Chap, and the consequent dispersal of the An extraordinary general meeting of this necessary for me therefore to say much about large band of pirates who followed him. These two events alone have, if only temporarily, company was held at the registered offices that. With regard to the coffee plantation, you of the Company, No. 13, Beaconsfield Arcade, may remember we informed you last year that given a set-back to the fo ces of disorder. Hongkong, on the 12th instant. Those present we had been obliged to farm it out to our own were Messrs. R. C. Wilcox (chairman). W. coolies, who paid as one fifth of the produce as
FRONTIER NOTES. From this source we received $955.21. Kerfoot Hughes (director), H. C. Wilcox, S. A. rent.
[FROM A CORRESPONDENT.] Joseph, A. B. Ezekiel, E. J. Figueiredo, A. Has you will see by the accounts. The coolies Ribeiro, and F. S. Joseph (shareholders), gave up work in April last as they found it un- G. C. C. Master (solicitor), and A. R. Lowe remunerative and coffee has now been entirely (acting secretary),
The business for which the meeting was convened was the consideration of the following resolutions :~-
abandoned. The amount hitherto standing in the books as an asset under the heading of coffee plantation has therefore been written off Profit and loss account has been credited with 1. That it is desirable to reconstruct the an amount of $6.575.00, being calls paid on Company, and accordingly that the Company shares subsequently forfeited. As regards our be wound up voluntarily and that Arthur prospects. I may inform you that we are at Rylands Lowe be and he is hereby appointed present endeavouring to arrange the sale of Liquidator for the purpose of such winding up. the Company's property through Mr. Larken 2. That the said Liquidator be and he is at a price which will give us sufficient to return hereby authorised to consent to the registration to the shareholders about 40 per cent of their of a new Company, to be called The North capital. If this falls through and the price Punjom Mining Company, Limited, with a of rubber seems likely to be maintained we Memorandum and Articles of Association must later on consider whether it would not which have already been prepared with the be to the interests of the shareholders to privity and approval of the Directors of this subscribe further capital after writing down Company.
our present capital sufficiently to cover our losses. The price we are getting for our rubber is an extremely good one, and if we had enough of it, we could pay good dividends. Before moving the adoption of the report I shall be pleased to answer any questions that share- holders may desire to put.
3. That the draft agreement submitted to this meeting and expressed to be made between this Company of the first part and its Liqui- dator of the second part and the new Company of the third part be and the same is hereby approved, and the said Liquidator be and he is hereby authorised, pursuant to Section 149 of the Companies Ordinance, 1865, to enter into an agreement with such new Company when incorporated in the terms of the said draft, and to carry the same into effect with such (if any) modifications as he thinks expedient,
The meeting had been convened for eleven o'clock. Half-past eleven came and a quorum had not appeared, the necessary number being ten members.
At this stage, the CHAIRMAN said he re- gretted to say there was not a quorum. The meeting would stand adjourned until the same hour of the same day in the following week-that was to say, at eleven o'clock on Tuesday next.
Mr. E. S JOSEPH suggested that the hour of meeting be altered. Next Tuesday was the day before the departure of the German Mail and shareholders might not have time to come there. Some hour in the afternoon would be much more convenient for the general body of the shareholders.
There being no questions, the CHAIRMAN pro- posed. Mr. G. M. BAIN seconded, and it was agreed, that the report and accounts as present- ed be adopted and passed.
The CHAIRMAN proposed that Mr. W. Hutton Potts be re-elected auditor.
Mr. LAU CHU PAK seconded, and the motion was carried.
The CHAIRMAN-That concludes the busi- ness of the meeting, gentlemen. Thank you for your attendance.
CANTON.
[FROM OUR OWN CORRESPONDENT.]
The
Canton, 11th July. IT'S AN ILL RAIN, &C.
heavy rains which have prevailed during the last three or four weeks are very disagreable to the casual globe-trotter, or to those on pleasure bont, but there is no doubt that they do an enormous amount of good to The CHAIRMAN said they had to be governed countryside and city alike. The total dis- by the articles of the Company. Article 75 which appearance of plagae here can be attributed applied in this case provided that if within half.only to this cause. There had been a good an-hour from the time appointed for a meeting deal of rain in the earlier part of the year, Lat a quorum was not present the meeting should nothing like the continuous and very heavy be dissolved and stand adjourned until the same rains which have washed the city clean of late. day in the next week at the same time and
RICE.
place, and if at that adjourned meeting a An excellent rice-crop was promised for this quorum was not present members who were season, and the promise seems to be fulfilled, present should be a quorum and might transact for on every side one hears that rice is very the business for which the meeting had been cheap, and I am told that the paddy fields are convened. That was the article by which they everywhere in splendid condition. were governed and he was unable to make any alteration in the hour or the date. In that they were guided by their solicitors.
The meeting then dissolved.
The Queen's Scholarship for the Straits Settlements this year has been won by a Chinese youth, Lim Guan-cheng. The Pinang Gazette hears that he goes to England at the end of this
month.
A RAID ON ROBBERS,
The authorities made a great coun early in this moon in the Shun Tak department. The district of Chan Shun was noted as a hotbed of robbers, whose depredations had for years been carried on with impunity. The band lived in a stronghold connected by subterranean passages with a number of houses scattered round about, so that, with due warning, escape was easy whenever an attack was made on them. At
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RICE.
12th July.
Notwithstanding the torrential rains which we have had of late, calculated as they were to damage seriously the paddy crops, rice is more plentiful this year all over San On than it has been for several seasons, It is a dispensa- tion of Providence that the crop should have been so plentiful, for much of the ripened grain was washed out of the ear in the floods which The paddy is now being filled every valley. cut and threshed. In the Sam hun market the best winnowed new rice can be got for $2.30 and the next quality for 82.20, per pionl. Last year at this time it was selling at $3 per picul.
A CHINESE TRAIT.
An incident occurred lately near Same hun which shows a strange trait in the Chinese As many in Hongkong will know. character. passengers are brought down from the Customs tation in boats to meet the Hongkong launches, the river being too shallow to permit the latter to run up the entire distance. These boats generally start away down the river long before the launch is due, and they make fast to the bank to await its coming. The wait is wearisome enough in all conscience, broiling hot in summer and piercingly cold in winter. But the condi ions under which a party of Europeans suffered the other day were very much worse than usual. There was the carcase of a half-grown buffalo sticking in the mud on the bank, all swollen up and decomposed to such an extent that the "hum perceptible many yards off. One would have thought the boatmen with their many passengers would have given the stinking carcase a wide- berth. But no. They had the whole extent of bank to choose from, and by preference they moored right alongside the dead animal. The Europeans protested, but the boatmen paid no heed to them. The Chinese passengers laughed and joked about the buffalo, and appeared to enjoy the smell greatly as an olfactory treat.
BAIN.
11
The recent six days' rain made each mountain stream into a roaring torrent, filling up the low- lying valleys with water, making them look like huge lakes. Last Sunday the rains up country must have been very heavy. The tributaries of the Samchun River flowing from the north- west were very much swollen.
FRUIT.
Pineapples are being shipped at Samohun in ·· large quantities. They are cheap and of er- cellent quality.
WILD ANIMALS.
A species of wolf is sometimes seen in the New Territory and these beasts are often re- ported having committed depredations upon domestic animals. The other morning a police sergeant saw one of these wolves within 20 yards of his station. He fired a round of back shot at the animal, which, although severely wounded, managed to escape into the hills. From a village in the New Territory comes another report that one of these wolves descended from the hills in the early morning and carried off à small pig.
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