March 3, 1908.]
quite satisfactory. The increased de. mand for our woods during the greater part of last year was well and willingly respond- ed to by all the European members of the Company's staff and We bare show our appreciation of their service by di-tributing amongst them pro-ruta according to amount of their salaries, the sum of 2,850, which I hope, will meet with your approval. (Applaus) Before proposing the adoption of the report and accounts I shall be glad to answer any questions.
There were no questions, and
The CHAIRMAN proposed the adoption of the report and accounts.
Mr. WICKHAM secondel and said that he agreed with the proposal to distribute a bonus to the staff for the work they had done and for the good accounts that were shown this year.
The motion was carried unanimously. Mr. DowLEY proposed the re election of Mr. A. G. Wood to the Consulting Committee aud Mr. WRIGHT :sconded. Agreed.
Mr. W. H. Polts was re-elected the Company's auditor for the ensuing year on the motion of Mr. BONNAR, second by Mr. LANG.
The CHAIRMAN-That is all the business, gentlemen. Thank you for your attendance. Dividend warrants are now ready and can be had on application at the offico.
sud
The report was as follows:- Gentlemen,-The General Manager Consulting Committee beg to pressut to the shareholders the fifth ordinary yearly report of the Company.
|
CHINA OVERLAND TRADE REPORT
Timber conversions Value as per last statement.. .21,657 41 Lees auunt provided for
Sandry debtors
de-
preciation 2,908 64–15,848 77
Stock of rough and swan timber, storse.
material, etc. Hongkong & Shanghai Bank, cash with
Cash in hand
Dr
WORKING ACCOUNT.
To management and office expenses and
general charges at Hongkong an
Bornco
Cr
exchange
interest balance
By proht on sales of rongi ar-dewan tan
1er et
10.162.29
109,318 38
54.63% 30. 11,631 27
$672,78 +00
30.0699- 13,61 90 1.196 T1 108.2674
$163,036 70
243
Mr. E. 8Tя proposed, and Mr. LourrirO seconded, that Mr. A. BRATTIE be appointed suditor. Carried.
The CHAIRM、x-Gentlemenj that concludes the business of the meeting. Dividend warrants are ready.
The report was as follows:
The general managers beg to submit to the shareholders their report on the Company's business for the thirteen months ending 31st December 1907 with a statement of socounta to that date.
Our business is now running very smoothly and we are glad to say has become very mach better known as is proved by the fact that our turnover is considerably larger now than it was this time last year. Two months ago we sent out circalars stating that we had just opened parlour for manicure and are glad to say that our receipts from this branch liss justified our doing so, and we trust that it will materially I increase our popularity and incidentally our $163 03674) prufts.
0
163,014 20 20
THE PARIS TOILET CO, LTD
ANNUAL MEETING.
The second general meeting of shareholders in the above company, was held at the Company's officer, ". Queen's Road Central on March 2-th. Mr. Percy Smith presided, and there were present Messrs. J. H S-th. Leung Wing Coeung, T. C. Spiess (Manageri, Enos Seth.
The accounts show a profit of... $108,208,74 H Smith, A. Marcal, Pedro Loureiro, A.
From this has to be deducted :- Fees to Consulting Committee
Learing available for
appropriation ...
The Consulting Committee recom- mend that a dividend of 10 per cent. on the subscribed capital be paid to shareholders
Write of Hongkong saw.mills
launches and lights Sandakan slipway
1
·
鲁兽
11
15
33
plant
Kudat Pior...
"
11
11
ין
Timber concessions
To carry to roservo
$104,268,74
$55,200 cm 5,000,00 5,0 49 300gr
5.0 10K 1,50000 2,868.74
27,600
$ 104,268,71 Consulting Committee: - In accordance with the Artioles of Association Mr. A. (J. Wood retires, but offers himself for re-election.
Auditor: The accounts under review have been audited by Mr. W. II. l'otts, who offers himself for re-election.
J. WHEELEY,
General Manager. Hongkong, March 17th, 1908.
Statement of accounts to Bocomber 31-1. 1;7
$
Capital
LIA BILIHEJ.
60,000 shares each $12
Less 14,000 shares
each $12
Bundry creditors
$720.000,00)
Unsuc
165,000 (3
Balance of working account
ASSETS.
Hongkong as ulls
Sandakan raw-mills
Steam launches and Lighters Value as per last statement Less amount provided for
depreciation...
$1,200
352, ekon
12.511 26 108.265.74
B072.75-00
$
$3.00857
36,243,08
Since added
8,930.13 13.223 21
86,3×7:31
Sandakan engine works and slipway Value as per last statement
Since added
Land and house property
Plant
Valuo as per last statement Lesa amount provided for de
preciation
House and office furniture
Kudat Pier
4,743.96-91.131 20
0.768 M
1 SA
Value as per last statement.............. 4,000 sỤ Less amount provided for de
21 369 66
32% 73
2.77
3
to
Belice
|
A
The net profit for the peri›l under review amonals to $1,91× 98 which your general mana- Kers recommend should be appropriated ** follows
Auditor's fee ...
* 5000
Pay a dividend of lit per cent 1,69UOJ Gneral managers' com.
mission
233 4: 34358
] «ད
I
CI
{{༤ .
Managers s commi Special bonus to Mr. Spiess Write off preliminary
penses
Wiff furniture
| Write of goodwill account
| Reserve for home passages
Reserve for End and doubtful
debts
Carried forward to 1988
AUDITIK
$ONLIN
$3,91898
Beattie, Li Fak Tsun and B. Basto.
The SECRETARY having read the conteuing the meeting,
The CHAIRMAN
Fail Geullomeo,-The accounts and report have already been in your hands for several days. I propose, with your permission, to take them as read I don't think any item in the report really needs explanation except perhaps the special bonus
Mir Scpiess. It will be in the recollection of some of you that a few weeks ago a robbery was committed at our l'a.is Toilet
pr+ mi The money stolen being the personal prop ity of 31r. Spiess, part of it, iu fac' $1×4, was for twa un uths rent for the house be occupios. We bare thought it well to ask your approval of i making him a present of this amount. Gent e men, I think you will all agree with me that this venture has already proved the wisdom of its existence not dufy as supplying i a want but For balance being profit December 31st, 1967 491528
14
1
Rome
'
Mr Edgar G Barrot, incorporated account- aut, has a idited the accounts for the period auder review but in consequence of pressure of business does not soek re election The general TURBAgera recommend the election of Mr. Beattie who offers his services.
TROFIT AND LOSS ACCOUNT
For the Your online dlst December 197
I
$
ly balance from working
t "!" :B
$
a terapht
Peceia-
Ter at. 1907 -- By interest Bermber 38 1907 Tialkuyh serip Ross Domumber 31st ENG
BALANCE SHEET 31st December. 107.
LEX HELLLEY -
capital Etomi chiares at $10 cuh sufry erehtors To proft an Iless account
AX E14.
in finding us a 10 per cent investment which will I think I may say without mach rashness be a 20 per cent one. In former times the! barber's craft was dignified with the title of a profession, being joined with the art of surgery. In France a charter was granted to the barber
Surgeons in the time of Louis XIV. and 8 similar
40 in Eng. land by Edward IV, in 1961. By charter 32 of Henry VIII section 42 these were quited with the company of Surgeons it being enacted that the barbers should contine themselsmes to the operations of blood letting and drawing teeth while surgeons were probilited from barbery and shaving. We all know that barbers still practice blood letting Ia 1765 a fresh charter was granted to the bar. bers by the 14th of George 11. The barber's shop has always been a favourits resort of! idle persons and formerly in addition to his attraction as the focus of news and gossip a · By enn dey baktere lute, viol or some other musical instrument was By une spared innrane premamm usually kept for the entertainment of waiting! By passage part in advance customers, I think we may congratulate our- selves that most of mir barbers are not persona
great conversational attainment,”
You are all familiar with the fact that the barber's sign is a striped pole from which was suspend- ed a basin. You may not all know that the strips on the pole indicated the ribbon for bandaging the arm or other limb after bleed - ing and the lasin was to receive the blood. ! Before proposing the adoption of the report and accounts shall be pleased to answer any yaestico. I may say that our present monthly Tarnover is 25 per cent more than the average for last year
|
of "
There being no questions, the CHAIRMAN proposed the adoption of the
report
and accounts. Mr. BEATTIE seconded, and the motion was
preciation 2,000.00
2.000.90 carried.
By furniture and fifting.
: I ur: t
[ity ensh at tank
By en in hand By preliminery expenses By wall
יו
14,000 00
166 20 3,18
$20,085.14
ان انتا
3.330 17
2.754 15
191
232 V 1,139 95
7696
118 30 5,340.14
$20,085 18
PERCY SMITH AND SETH,
General Manayers.
THE CHINA TRADERS' INSURANCE
COMPANY, LIMITED
The report for presentation to the Share. heHers at the Forty-Second Ordinary Meeting to be held at the Company Ofcom on April 23rd reads
The Board has now to lay before the share- holders a balance sheet containing a summary
1.
No comments yet.
Private notes are available after approval.