The Archive · 1923

HONGKONG COMPANIES ORDINANCE Another Case of Inadvertence

At H. M. Supreme Court on Thursday Sir Skinner, Turner,

Chief Judge, heard a motion by the Sungala Rubber Estate, praying for permission to file an allotment of shares. which had not been done under the Hongkong Companies Ordinance and relief from penalties, as the omission was due to inad-ver tence.

Mr. H. P. Wilkinson (Crown Ad-

of Companies and Mr. vocate) appeared for the ein Master for the applicants.

Mr. Master said that an affidavit had been filed showing that by an extraordinary resolution dated July 21, 1916, the capital was increased to Tls. 100,000 by the issue of 40,000 shares of Tls. 1 each. Owing to financial depression due to the war, no steps were taken to issue the new shares until June, 1920. Shares amounting only to Tls. 818 were applied for. That no return was made pursuant to Section 90 (la) of the Hongkong Companies Ordin-lance, 1911, was due entirely to inadvertence.

His Lordship observed that inad-ver tence in itself was not sufficient ground. Facts as well must be alleged" in support thereof. He proceeded to state that it was, however, quite clear to him that relief should be granted instance. No possible harm coul have been done to anybody. The order would granted as prayed with the addition to it of relief from penalties, with costs.

Ar H. M. Supreme Court on Wednesday, F. Tonnochy consented to judgment for $100 and costs in a claim brought against him by Woo Wei-ziang which came before his Honour Judge Grain. Plaintit sought payment of $80 deposited with defendant as security for his honesty and $20 due to him in respect of salary. The case of the Great Light Electric Ca. r. Hall, a claim for $219.70, the value joi goods allegedly supplied and delivered to plaintiff from May 11 ito August 11, 1923, was adjourned. Mr. R. C. Faithfull appeared for The Judge—Do you mean to Say' plaintiffs in each case.

Text read from the printed page and cleaned; old type leaves the occasional error.

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