2nd April, Chamber of At the recent yourly meeting there was & good attendance.
Mr. E. Hewett was in the chair, In his lucid adilross, he referral to many questions affecting the well-being of Hongkong. Attention was directed to the necessity of husbanding and even increasing har-hour accommo the port. Ships are la ere, and the accommodation for them in the centre waters of the harbour is barely sufficient, so that they berthed in the more remote parts wh: make it less convenient for all parties. Further it is felt that more accommodation should be provided wherein the Small erate of Hongkong could take refuge from the frequent typhoons which sweep down upon us in the sum-to many persons. th all kinds of submit To-day a bill was pressured to me, and as I had nothing in the house but twenty-cent pieces, I could not it. Sothe trader wont away, annoyed, and left me perhaps more a noyed still. Nothing can be done till the central government of China legaieee her own coma te, and guarantees the face value of the coins all over the It instead of within tropics. During ter authorities turcod on the water after many of us have gous to sleep. We hail th ofsufticient water w! apparently is within our reach. Other matters were touched upon, and the Chairman's speech was full of interest.
The Peak Tramway ase.
A case has been for some time before His Lordship Sir Francis Pigott, the Chief Justice, on which he yesterday delivered judgment, The question very involved, and it is well-nigh impossible for the casual obser the it of it it seems to be as follows:—Tho Hongkong High Level Tramway Company was registered in 1885, and after some years of struggle, ultimately developed into one of the most flourishing concerns in Hongkong, actually in 1903 paying a dividend of 20 per cent, In 1904 Mr. Findlsy Smith conceived the idea of starting an opposition company. Thia enterprise would materially affect the prosperity of the present tramway, and the directors of the company we naturally anxious to circumvent the p at a meeting, from '8 minority of the shareholders was absent, the following resolutions were adopted, though not unanimously even by the' sharehold present. The proposed wore:—"(1) that the company should be wound up voluntarily; (2) that the eneral managers should be appointed Hiquidators; (3) that they should be authorised to consent to the registration of @ new company, with a memorandum and articles of association, which had prepared with the approval of the consulting conimitteo of the old com-(4) that they should further be edi to sell to company taking of the existing pany either in cash or Tramways Company, Limited, at the option lof shareholders of the existing company,' and enter into all necessary agreements to this effect." Mr. D. E. Brown at the time, in newspaper junction, which olticial liquidator from 1g effect for the present to the determined on by th this attempt to secure an Mr. Brown lias beau successful. judgment delivered by Hi yesterday allowed his contention, so that for the present nothing fur-her will be done. What the final issue will be does not yet appear, as the defendants, that the mai of the present Tramway ompauy, will probably appeal against this judgment. Meanw struggle is prolonged, the publ would gladly support a second tramway and would be greatly advantaged th by, must possess their souls in patience, and wait "for something to turn a There is, it is felt by many, a crying need for an entirely new construction of the present arrangements for the
Text read from the printed page and cleaned; old type leaves the occasional error.