For the descendents of Richard Dearie and his son John Russell
1906
The Straits Times, 29 August 1906, Page 11 LIST OF PASSENGERS. Eastern Daily Mail and Straits Morning Advertiser, 31 August 1906, Page 2. 7 September 1906, Page 4 , 11 September 1906, Page 4 , 13 September 1906, Page 4, 14 September 1906, Page 4 , 15 September 1906, Page 4 , 18 September 1906, Page 4 , 19 September 1906, Page 4 and, 20 September 1906, Page 4 List of passengers Per P and O s.s. Nile from London Aug. 18 due 22 Sept R. C. Russell.
1907
Letter from District Office Kajang, 22nd July 1907 to Secretary to Resident, Selangor U.L. Lds 286/07 Application by Mr. R. C. Russell for a Prospecting Licence over 330 acres of land at Semenyih Sir, I have the honour to report that I have received an application from Mr. R. C. Russell of Kuala Lumpur for prospecting Licence over 330 acres of state land in the mukim of Semenyih. 2. The land over which the Prospecting Licence is sought is situated near the village of Semenyih & to the North –West of the Semenyih- Bangi bridle path. Part of it was formerly held by the French Mining Syndicate, but the lease has been cancelled. There is no objection to mining in this locality. 3. I recommend that the Prospecting Licence be issued on the following terms: - Fee: $25 Period: 6 months Area: 330 acres Selection area: 100 acres Premium on selected area: $10 per acre. I have the honour to be, Sir, Your obedient servant. ?MR Cumling Ag. District Officer, Ulu Langat. Document in the National Archives of Malaysia 4094/1907
1908
The Malay Mail, Tuesday, January 28th, 1908, p.5. & Straits Times 1 February 1908 page 8, SELANGOR POLO CLUB ANNUAL MEETING The annual meeting of the Selangor Polo Club under the chairmanship of Mr. C. E. Spooner, C. M. G., took place last evening in the Selangor Club, the average number of members being present. The minutes of the annual general meeting held on 31st Jan., 1907 were read and confirmed. The chairman said that as the report had been circulated and members had it before them he would propose it be taken as read, and invited the members to put any questions they wished on the report or accounts to the meeting. REPORT FOR 1907. The report is as follows:- The committee have the honour to present to the members of the Selangor Polo Club a statement of accounts for the past year showing a balance profit of $84.97 to the credit of the club. The past year has been a most successful one on the whole, the large outstandings at close of year are attributable to the Tournament held at Xmas, a large portion of the accounts have since been adjusted. Four playing and ten non-playing members were elected during the year. The committee met to transact business on thirteen occasions. The following entertainments took place during the year on the Polo Club Ground:- “Selangor Cup Tournament” 13th Feb., 1907. “Lady Dickson” Competition 24th Ap., 1907 “Polo Club Gymkhana” 27th “ 1907 “Polo Club “ 2nd Nov., 1907 “Polo Club Tournament” 16-21st Dec.,1907 The Club sent a team to Singapore to compete for the K. O. R. cup in September, and were again unsuccessful, they were treated with the proverbial hospitality of the Singapore Polo Club. A handsome Challenge Cup was presented to the Selangor Polo Club by H. H. the Sultan of Perak for competition amongst the Polo Clubs of the Federated Malay States and Straits Settlements and was won during the December Tournament at Kuala Lumpur by a “Military” team from the Royal West Kent Regiment by the narrow margin of two goals to one in most unfavourable weather. Competition for a Challenge cup presented by Mr. D. P. Macdougall of Singapore included in this Tournament had to be postponed owing to the weather. A Challenge shield to encourage Tournament Polo was presented by the Messrs. Russell. Presentations were also received from Mr. H. C. Belfield and Mrs. Spooner, these latter have not yet been played for. H. E. Sir J. Anderson, H. H. the Sultan of Perak, H. H. the Sultan of Johore and many others visited the club during the year. The size of the Polo Ground was increased by 20 yards in each direction, making it now 270 yards by 170 yards. Presents of furniture were received from Messrs. Russell, Wolff, Coullie and Graham. The original Committee elected (i.e.) Messrs. C. E. Spooner (President), G. Cumming, J. R. O. Aldworth, G. D. Russell, R. D. Jackson and Captain Graham (Honorary Secretary) remained the same throughout the year. C. EDWIN SPOONER President SELANGOR POLO CLUB Kuala Lumpur. 17th January 1908. There being no remarks, it was proposed by Mr. Aldworth and seconded by Mr. Russell that the accounts be passed. Carried unanimously. The following committee was elected for the ensuing year:-C. E. Spooner, J. R. O. Aldworth, A. McD. Graham, G. D. Russell, R. Crichton and R. D. Jackson. A vote of thanks was to Captain Graham by the President and members for all his good work in connection with the club during the past year. The meeting closed with a vote of thanks to the chair. COMMITTEE MEETING. A meeting of the Committee then took place. Mr. C. E. Spooner, C. M. G., was unanimously re-elected President. Captain A. McD. Graham was re-elected Hon. Secretary. Drawing for the order of play in the Tournament for the “MacDougall,” “Selangor” Cups commencing on Saturday 1st prox. Took place with the following results:- “MACDOUGALL“ CUP. SATURDAY 1ST FEB. 5 P.M. Spooner’s Team v. Russell’s Team Klang Team v. Gerrard’s Team SELANGOR CUP MONDAY 3RD FEB. 5 P.M. Spooner’s Team v. Graham’s Team Russell’s Team v. Klang team Final “MacDougall” Cup Tuesday 4th 5 p.m. Final “Selangor” Cup Wednesday 5th 5 p.m. The teams will probably be as follows:- “MACDOUGALL“ CUP. Graham v. Russell G. D. Wolff v. Jackson Spooner C. E v. Spooner J. Coullie v. Raja Alang Smith v. Gerrard Thring v. Aldworth Jewitt v. Devitt Davidson v. Russell R. SELANGOR CUP Spooner C. E v. Graham Raja Alang v. Wollf Aldworth v. Spooner J. Russell R. v. Hume Russell G. D. v. Smith Jackson v. Thring Gerrard v. Jewitt Coullie v. Davidson
Straits Times I February 1908 page 8 Polo Selangor Club Annual report of club……. Committee elected G.D. Russell… R. Russell in Russell team….
The Straits Times, 11 March 1908, Page 8 • Polo. Selangor Polo Club. The competition for Mrs. Spooner’s presentation, consisting of four handsome tankards, will take place on Saturday next and Tuesday the 17th instant (St. Patrick’s’ day), at Kuala Lumpur. The teams are as follows: - • C.E. Spooner (Capt.) R.D. Jackson, P.N. Gerrard, Raja Alang Iskandar. • A. McD. Graham (Capt.) E.C.H. Wolff, J.R. O. Aldworth, K.R. Coullie • R. Crichton (Capt.) J. G. Spooner, G.D. Russell, R.C. Russell. • Mr. Spooner’s team meets Mr. Graham’s team. Mr. Crichton’s team has a bye.
The Straits Times, 9 June 1908, Page 5 • From Port Swettenham, Mr. R. C. Russell, Mr. J. Russell. The Singapore Free Press and Mercantile Advertiser (1884-1942), 9 June 1908, Page 8 PASSENGERS. Per Kinta : J. Russell, R C Russell.
The Malay Mail, Monday, August 31st, 1908. POLO KLANG POLO CLUB V “LOST DOGS.” A team which has chosen for itself the above euphonious title journeyed down to Klang on Saturday to meet the Klang Polo Club. The teams lined up as follows:- “Lost Dogs” Klang Polo Club 1. C. R. Molyneux C. McGee 2. R. C. Jewitt P. N. Gerrard 3. R. Russell E. H. Berck 4. G. D. Russell S. Smith The “Dogs” pressed strongly in the first chukker and after Bob Russell had taken the ball up “G.D” opened the scoring for the visitors. The second chukker was well fought out, and there was no score, but in the third after a good run down by Smith, Gerrard equalised in the last minute of the chukker. Extra time was played and after Klang had nearly scored, the “Dogs” got away and Bob Russell put the ball through, the result thus being “Lost Dogs” 2 goals Klang Polo Club 1 goal Mr. K. R. Coullie kept time, and Messrs. Johns and Carnelly acted as goal judges.
The Malay Mail, Monday September 21, 1908. p.5 Selangor Polo Club. Bellfield Bowls Competition. The first tie for this competition, the prizes for which have been presented by Mr. H. Conway Bellfield, was played off on Saturday last, and as no teams were entered from any other Club, the selection of players was left entirely to the Selangor Polo Club. The match was for three chukkas of 8 minutes each with 11 minutes interval, 5 points per team. The first two teams were as under: - 1.F.W. Mager 2. Rajah Alang 3. J. R. O. Aldworth 4. G. D. Russell (Capt.) 1. M. H. Graham. 2. R. J. C. Jewitt 3. W. P. Hume 4. R. Crichton (Capt.) In the first chukka, Mr. Crichton’s team scored two goals, mainly through the exertions of Mr. Jewett, but towards the end Mr. G. D. Russell got his opportunity and ran through and scored. The next two teams were as under: - 1. T. W. Chapman 2. K.R. Coullie 3. E. C.R. Wolff 4. C.E. Spooner (Capt.) 1.G. A. Hereford 2. H. M. Devitt 3. R. Russell 4. Capt. Graham (Capt.) In the first chukka Mr. Spooner’s team pressed hard, and, though Capt. Graham put up a strong defence, a good combined run by Mr. Spooner and Mr. Wolf resulted in a goal. The first two teams then took to the field again, and after a very even fight Rajah Alang scored a goal for Mr. Russell’s team, thus equalizing matters. In the second chukka of the second teams Mr. Spooner’s side had the game rather their own way and scored early out of a melee in front of goal, and later Mr. Coullie got a run down and scored neatly, and towards the end Mr. Chapman scored again, in spite of having an ugly fall shortly before. The last round for the last two teams resulted in a good even game and neither side scored. The last chukka of the day was well fought out, and a fine run by Capt. Graham resulted in a goal, but Mr. Spooner's side made a strong counter attack, and a brilliant run by Mr. Wolff added another goal to Mr. Spooner’s side. At the call of time the scores were as under: - Mr. Crichton 2 goals, - Mr. Russell 2 goals. Mr. Spooner 5 goals- Capt. Graham 1 goal. Falling light here put a stop to playing off the tie, which was played yesterday. Early in the first chukka Mr. G. D. Russell made a fine run down, and by a well directed near side shot scored his goal, and throughout the rest of that chukka, and the second one, strive as they might Mr. Crichton’s team were unable to score. This leaves Mr. Spooner's team and Mr. Russell’s to play for the final, which will probably be played on Saturday next. Mr. Sydney Smith was umpire, Capt. Molyneux referee, and Mr. R. Neill was timekeeper and scorer. The game throughout was not marked by much really good play, and pace and accuracy in hitting seemed lacking, more especially from the senior players, who seemed on the whole to be out of form. The play, however, of Rajah Alang and Mr. Wolff relieved this to a great extent, and they are both to be congratulated on the really good game they put up.
• The Straits Times, 26 October 1908, Page 5 • Arrival of Passengers. • Port Swettenham: R C Russell, Page 8 Miscellaneous Column 2 [Miscellaneous] The Singapore Free Press and Mercantile Advertiser (1884-1942), 27 October 1908, Page 8 • Passengers. Per Kinta R. C. Russell.
The Singapore Free Press and Mercantile Advertiser (1884-1942), 29 October 1908, Page 8 • K.O.R. TOURNAMENT. Good Game Under Difficulties. Singapore Civilians Win. • The weather was distinctly unkind to the final of this important fixture of the Polo Club, for not only was the afternoon threatening and gloomy, but the ground was in an absolutely deplorable condition, what with the heavy rains of previous days, and the storm of early this morning. (Summary: State of ground. Difficulty of play. Large no. of visitors, very close game. “Singapore was at the top its form, while Selangor was a little off it, Russell not playing his usual hard game.” Runs. Captain. Details of each chukka. Singapore four goals: Selangor two goals. Selangor team: Mr. C. E. Spooner, C.M.G., Capt. A. Mc D. Graham, Mr. R.J.C. Jewitt and Mr. G. D. Russell, umpires timekeepers cup presented by Miss Anderson. large attendance of ladies and visitors inc. officers of garrison, band of West Kents played. Tea served. Semaphore. Cup winners list: 1900-1908. Dinner at Singapore Club yesterday evening attended by H. E. Sir. John Anderson, ….long list inc. G. D. Russell…R.C Russell.. toast to the King, humorous speech. speeches, toasts, thanks. K.O.R. cup stood on table and reminded all of the occasion for that pleasant evening.)(972 words)
1909
Singapore & Straits Directory 1909 (From National Library of Australia) Russell, J. Archibald Miner, Contractor and Land Agent 10, Old Market Square, Kuala Lumpur Assistant R. C. Russell.
Letter from District Office Kuala Kubu, 16th September, 1909 to Secretary to the Resident Selangor. USL 931/09 Sir, I have the honour to report that I have received an application for refund of quit rent from Mr. R. C. Russell with regard to four leases Gazette Notification 566 to 569 of 1909. The leases are as follows: Mining Lease 76 rent $10 Mining Lease 90 rent $6 Mining lease 123 rent $5 Mining Lease 128 rent $5 $26 2. Under section 20 of the Mining Enactment 1904 quit rent received in respect of the year in which the forfeiture was enforced shall be repaid by the lessee. 3. Rent on these lands was paid on 24.8.09 4. Mr. Russell holds power of attorney on behalf of Messrs: Hogan, Benzie, Cowan and Syed Hassan, the other partners in the land. 5. I ask authority to make the refund asked for. I have the honour to be, Sir, Your obedient servant, ?CSmowl . District officer, Ulu Selangor. Document in the National Archives of Malaysia 3612/09
1911
The Straits Times, 8 May 1911, Page 5 • LOCAL PASSENGER LISTS. Per Steamer Mlarudu, May 7.- From Labuan R. C. Russell.
• Saturday, Dec. 9, 1911 The Singapore Free Press. The Singapore Free Press and Mercantile Advertiser (1884-1942), 9 December 1911, Page 6 • Among recent arrivals and returning residents at Kuala Lumpur Mr. R. C. Russell.
1912
The Singapore Free Press and Mercantile Advertiser (1884-1942), 9 September 1912, Page 12 POLO. Play for the Spooner and K.O.R. Cups takes play today, Wednesday and Friday, and the Selangor Team came down yesterday; bringing ten ponies with them. The teams entering are the Selangor Polo Club, a Garrison Team, The Buffs, and a Civilian Team, the members being as follows: - Selangor. - Capt. Elliot–Cooper, Messrs. F. Mills R. C. Russell, A.A. Henggeler. (Summary: Other team members inc. for civilians H. C. Cook Yarborough, chukkas, 6 ponies per team, two matches today, final on Wed, for K.O.R. cup play on Friday, list of teams, play to commence at 4.45 five minute interval between chukkas.) (249 words)
1913
The Malay Daily Chronicle 22 January 1913, page 5. A “Ronggeng” Entertainment at Kuala Lumpur. The ronggeng given by Mr. E. O. James on Saturday was a great success. It was arranged as a farewell entertainment to Mr. R. C. Russell, who is shortly leaving Kuala Lumpur for Burmah, and the night being fine a large crowd of Malays found their way to the lawn on Circular Road which presented what was decidedly an animated scene. In the light of the lanterns the ronggeng proceeded on its merry way, to the delight of the native throng and the amusement of a large number of Europeans. There were Tamil dances too and a sort of quarter- staff exhibition with variations- many of them. Every provision was thoughtfully made for the large crowd present and there were cakes, sandwiches, etc., and liquid refreshment for all. - “MM.”
1914
The Straits Times, 18 April 1914, Page 8 SOCIAL AND PERSONAL. Mr. R. C. Russell, formerly of the Planters Stores, Kuala Lumpur, now stationed in Burmah passed through Penang on Monday, and proceeded to Kuala Lumpur for a brief holiday.
1916
The Straits Times, 22 December 1916, Page 8 • Malayan Collieries. News which reached Kuala Lumpur on Wednesday morning indicated that there had been some form of labour trouble at the Collieries' coalfields at Batu Arang. The police were informed and within a quarter of an hour twenty-five police and a detective under Chief Inspector Flood left the Central Police Station in cars for the mine. Beyond the particulars given above nothing further is known. On enquiry at the offices of the agents of the company we (Malay Mail) were informed that the police were sent out as a result of a telegram received in Kuala Lumpur shortly before 11am. Mr. R. C. Russell has also left for the mine.
1918
New York passenger lists. 3 June 1918 Born 1889, England New Malden, 28 years 8 months, leaving Liverpool, arr. New York on Missanabie Occ. Miner. Contact: John Russell, 8 Old Palace Lane, Richmond Surrey. Straits Settlements. Canadian ships passenger lists. Robert Cecil Russell age 28 born in England arrived 3 June 1918 on vessel Missanabie arrived New York from Liverpool. Tourist from Straits Settlements. In transit.
The Straits Times, 27 August 1918, Page 6 • Mr. R. C. Russell has returned to Malaya from home.
F.M.S. Chamber of Mines Report No 8. August 1918, also published in The Straits Echo Mail Edition, No. 34 Vol. 1d, 21 August 1918, and The Malay Mail, Wednesday, August 14, 1918 and MALAYAN COLLIERIES. [Articles] The Straits Times, 20 August 1918, Page 7 Malayan Collieries Fifth Annual Report. The report of the directors of Malayan Collieries for the year ended June 30, 1918, states: - The directors have pleasure in submitting their fifth annual report and statement of accounts for the year ended June 30, 1918. During the year application was made for the conversion of a further 1,150 acres to mining lease (making a total area under lease of approximately 3,117 acres) while the prospecting licence was renewed over the balance of the concession, Although at the end of the year no new plant from home had been erected, shipments of boilers, pumps, fan parts and electrical machinery were beginning to arrive, while a good deal of plant has been locally purchased and installed in the open cast mines. Coal sales totalled 161,272 tons as against 135,663 tons for the last financial year, an increase of 25,609 tons. The coal production would have been larger but for part of the Company’s plant being commandeered by the home authorities, and for the great shortage of labour experienced at the mine. A second and large diamond drill set having arrived from Home, prospecting was vigorously carried out during the year and a further area of the seams proved. An extension of about three miles to the Company’s private railway line was put in hand; 40lb. rails for this purpose being purchased in America. The Board profoundly regret to record that during the year Mr. F. J. B. Dykes suddenly died in London from heart failure. Mr. R. C. Russell was on his way to England at the time and took over the London agency work. Messrs. Foster Brown and Rees of Cardiff and London, continued as the Company’s consulting engineers, and also rendered valuable services to the late Mr. Dykes and afterwards to Mr. R. C. Russell, in connection with the Company’s applications for priority certificates, etc. Mr. Eric Sinkinson, of Imperial College of Science and Technology, proceeded with his investigation and succeeded in producing an excellent quality of briquettes. A satisfactory trial of these briquettes was made at Leeds on a commercial scale. The profits for the year, subject to Directors’ fees amount to $375,453.03 to which has been added the balance brought forward from last year’s account of $59,734.21, making available for distribution $435,187.24, which the directors recommend should be dealt with as follows: - In payment of a dividend of 12 and half percent, upon 150,000 shares $187,500.00; to Mine Amortisation Reserve $75,000.00; to a General Reserve £150,000; balance to be carried forward to next year’s accounts $22,687.24. The retiring directors are Mr. Alexander Grant Mackie and Mr. John Archibald Russell who being eligible, offer themselves for re- election. The Auditors Messrs. Barker & Co., resigned during the year, the directors appointing Messrs. Evatt & Co., in their stead. Messrs. Evatt & Co., now retire but offer themselves for re- election.
1919
The Malay Mail, Monday September 22, 1919 and Malayan Collieries. [Articles] The Straits Times, 24 September 1919, Page 9 Malayan Collieries. Increasing the Output. Future profits. The sixth annual general meeting of shareholders in Malayan Collieries Limited, was held at the registered office of the Company, Hongkong and Shanghai Bank Buildings, Kuala Lumpur, on September 20th at 11 am. Mr. R. C. Russell presided. ( For details of meeting see J. A. Russell sources page.)
Page 5 Advertisements Column 5 [Advertisements] The Singapore Free Press and Mercantile Advertiser (1884-1942), 27 October 1919, Page 5 Page 4 Advertisements Column 2 [Advertisements] The Singapore Free Press and Mercantile Advertiser (1884-1942), 28 October 1919, Page 4 Page 4 Advertisements Column 2 [Advertisements] The Singapore Free Press and Mercantile Advertiser (1884-1942), 31 October 1919, Page 4 • Page 4 Advertisements Column 2 [Advertisements] The Singapore Free Press and Mercantile Advertiser (1884-1942), 1 November 1919, Page 4 PROSPECTUS. ABBREVIATED PROSPECTUS. A copy of the Prospectus has been filed with the Registrar of Joint Stock Companies. CLIVE RUBBER CO., Ltd. (Incorporated in Singapore under the Companies Ordinance, 1915) CAPITAL $500,000. Dividend into 500,000 shares at $1 each. Issue of 250,000 shares at par of which 172,150 shares are now offered for subscription payable as follows: 25 cents per share on application. 75 cents per share on allotment. DIRECTORS: Donald Alistair Ross, Malaya General Co., Ltd., Rengam, Johore, Planter. Henry Arthur Wootton, Klang, F.M.S. Merchant. Siew Qui Wong, 32, Robinson Road, Singapore, Barrister at Law. Robert Cecil Russell, Hongkong and Shanghai Bank Buildings, Market Street, Kuala Lumpur, Merchant. BANKERS The Mercantile Bank of India, Ltd. SOLICITORS: Allen and Gledhill, 22a Raffles Place, Singapore. AUDITORS: Derrick and Company, Gresham House, Battery road, Singapore. MANAGING AGENTS, SECRETARIES and REGISTERED OFFICE: The Indo-Malaya Company, Limited, 3b Malacca Street, Singapore. The Company has been formed for the purposes set out in its Memorandum of Association and particularly to acquire the property known as Chee Woe Estate and covered by Johore Government Statutory Grant no 4, for 1,115 acres, 1 rood, 6 poles. AREA 218 acres planted in 1910,11,12. 101 acres planted July, 1917 122 acres planted September , 1919 441 acres total area planted with rubber. 659 acres virgin jungle. 15 acres swamp, etc. 1,115 acres total area of estate. SITUATION. - The estate is situate 14 miles from the town of Batu Pahat, Jahore, on the Bekok River. HEALTH AND LABOUR. - The health of the estate is good. Situated in the centre of a very populous district it has never been difficult to obtain labour at current rates. OUTPUT. - The outputs for the first six years are estimated as follows: - 59,950 lbs, 76,300lbs, 87,200 lbs, 98,100lbs, 98,100lbs. REPORT. - Mr. C. W. Bradburne, Manager of Tebrau Estate, reported on the property on may 9, 1919, and his report is forwarded with the prospectus. ESTIMATED COST OF PRODUCTION. - In the estimate of profits this has been taken at 42 ½ cents for the first year and should not be exceeded. ESTIMATED PROFITS. - A forward sale of approximately 66 per cent of the output for the period November, 1919 to June 1920 has been made at $1 per pound, and this is on an assumed cost of production of 42 ½ cents should have a margin of profit of 57 ½ cents per pound. With a crop of 60,000lbs the first year, a profit margin of only 42 ½ cents per pound will represent an earning of 10 per cent on the paid up capital, ($250,000) of the Company. INSPECTION OF DOCUMENTS. - Copies of the Memorandum and Articles of Association and of contracts entered into can be seen at the office of the Company’s solicitors at any time during business hours while the subscription list is open. APPLICATION AND ALLOTTMENT. - The minimum subscription upon which the directors may proceed to allotment is 103,290 shares. Prospectuses and forms of application for shares can be obtained from the Company’s bankers and at the offices of the Indo-Malay Company, Limited., at No. 3b Malacca Street, Singapore. The Subscription List is now open and will close on Wednesday, Nov 5, 1919.
The Straits Times, 30 October 1919, Page 8 The prospectus has been issued of the Clive Rubber Co., Ltd., with a capital of $500,000 in $1 shares, of which half are now issued, including 172,150 to the public. The directors are Messrs. D.A. Ross (Johore), H. V. Wootton (Klang), Siew Qui Wong (Singapore) and R. C. Russell (Kuala Lumpur). The managing agents and secretaries are the Indo-Malay Co, Ltd., Singapore, and the brokers Messrs. Chart and Co., K.L. The company has been formed to acquire from the owner, Mr. A. J. Ferguson, Singapore the title to an area of 1,115 acres situated 14 miles from Batu Pahat, Johore, on the Babok River. Of this 441 acres are planted with rubber and 659 are virgin jungle. (121 words)
1920
The Straits Times, 24 January 1920, Page 8 • Jerantut Plantations. • At the Jerantut Plantations meeting at Kuala Lumpur Mr. R. C Russell presided, and said that the company, who were pioneers in that part of Pahang, were now through most of their difficulties. The Government had allowed them to recruit Tamil labour, and they hoped to open new areas more cheaply. Several tentative offers to purchase their property had been made, the latest being a proposed amalgamation with the neighbouring estate Jevansong, which the directors recommended they should decline. Mr. Russell was of the opinion that the worst troubles were over and the future very hopeful. He moved that the offer for the Kurau Rubber Company be declined. This was put to the meeting and carried. Messrs. Crago and Barwise were elected directors.
Letter: from Bob Russell, Malayan Collieries Limited. J.A Russell & Co., Kuala Lumpur to The Superintendent, Chandu Monopoly, Kuala Lumpur. 14th February 1920. Sir, We have the honour to address you on the subject of the Chandu License, issued to Yap Eng Hock and another, to sell Chandu on Malayan Collieries at Batu Arang. 2. The amount allowed for 1920 is 350 Tahils or 140,000 packets, whereas in 1918 the consumption was 166,000 packets and in 1919 151,000. We are of the opinion that the quantity to be allowed for 1920 is inadequate for the demand, and would point out from 1918 to 1920 our labour force has increased from 900 to 1300 adult chinese males and will go on increasing. 3. It is imperative for us to be able to ensure a sufficient supply of Chandu for the Labour Force, otherwise the coolies will not continue working, and at the present time with a big shortage of fuel everywhere we do not wish, in the interests of both the Railways and Miners, to lose any coolies. 4. We would ask that our supply be increased from 350 Tahils to 400 Tahils and trust this will receive your consideration. We have, etc:, Per Pro J. A. Russell and Co., Sd. R. C. Russell. Document in the National Archives of Malaysia, Selangor Secretariat, File 1436 /1920. Re. Monthly supply of Chandu (prepared opium) to the licensee of the coal mines Rawang.
LETTER FROM J.A.RUSSELL & CO TO DISTRICT OFFICER, KUALA SELANGOR 3RD MARCH 1920 Sir, SUGAR CULTIVATION We have the honour to address you on the subject of sugar cultivation in your District. 2. We have had this matter before us for some time and have decided that the most suitable area in the Straits is the land to the North of the Selangor River hatched in ?orange in the attached tracing. We are not certain that the land would be eminently suitable and for that purpose we would have to rentice the area and then engage a Sugar expert from Java to advise us, but before going to this expense we would like to know, if possible, upon what terms the Government would be prepared to alienate, say 20,000 acres. 3. Our proposed programme would involve the expenditure of about 7 to 8 million dollars and roughly would be as follows. 1st Year. Open up and plant 2,500 acres with the erection of machinery and buildings capable of dealing with 2,500 acres of cane. 2nd Year. Open up a further 2,500 making 5,000 in all and ?erect further machinery and buildings for the extra area. 3rd Year. If labour is obtainable, to open up 4,000 acres making 9,000 cultivated and add a further unit of machinery and buildings making a plant capable of dealing with 9,000 acres. 4th Year. Add a further 1000 acres making 10,000 in all and erect the necessary additional machinery, buildings, etc. This will complete our scheme of 10,000 acres under Sugar. 4. The reason we wish to apply for 20,000 acres is that it has been found in nearly all Sugar cane Districts that approximately only half of an area of this size is suitable for planting cane, but it stands to reason that should there be ?more than half suitable for this form of cultivation we would open the area. The 10,000 acres, we estimate to be unsuitable would be utilised in providing timber, grazing grounds for stock, etc. We have the honour to be, Sir, Your obedient servants, Per Pro J.A.Russell & Co R.C.Russell From National Archives of Malaysia. Selangor 1627/20 Transcribed by P.C.
The Malay Mail, Thursday, March 4, 1920, p.9 New Serendah. The Annual Meeting. A satisfactory Year. The tenth annual general meeting of the shareholders of the New Serendah Rubber Co. Ltd., was held at the Company’s registered office, The Embankment, Kuala Lumpur, yesterday morning. The Hon. Mr. F. G. Harvey presided and there were also present Major H. Gough, Messrs. R. C. Russell, D. H. Hampshire, C. L. Ward and M.D. Fallon. (Summary: Directors report, net profit of $157,265.78, interim dividend 7 1/2 per cent, recc. final divided of 22 ½ per cent, output 337,010 lbs, gross price..estimated crop 1920.. Chairman’s address..issued capital.. balance of shares unissued.. ..funds for planting.. up further 500 acres..rubber..property.. development.. buildings..machinery..debtors..profit and loss.. stationery..legal expenses due to litigation with rice supply agency.. 10 years work on estate..labour force of Tamils..conservative system of tapping.. satisfactory crop.. prices satisfactory.. forward sales.. company formed in 1910, list of dividends for all years..issue of shares..demand for labour greater than ever.. good healthy labour force.. issue of rice at half price..preferential rates on remittances to India by coolies as recommended by P.A.M. and the District Planters Association.. Mr. Fallon manager for many years taking long leave..thanks to him..Mr. Harvey leaving company.. move to adopt reports seconded by Mr. Russell. Other Business. On the proposition of the Chairman seconded by Mr. Russell, it was decided to declare a final dividend of 22 ½ percent, making 30 per cent for the year. Mr. D. O. Russell and Major H. Gough were re-elected directors…vote of thanks to Mr. Fallon.)
Letter: From the Chandu Monopoly Offices, Kuala Lumpur, to The Secretary to Resident, Selangor. Corr. No. (3) in 85/1920 Sec 1436/20 5th March 1920. Monthly supply of chandu to the licensee at the Coal Mines, Rawang. Sir, I have the honour to forward for the Resident’s consideration copy of a letter I have received from Messrs. J. A. Russell and Co: Kuala Lumpur in connection with the monthly supply of chandu to the Licensee at the Coal Mines, Rawang. 2. Under the new rate the Licensee gets 346 tahils per mensum. His average for 1919 was 384 tahils per mensum. 3. Mr. Russell admits in his letter that the consumption of chandu was less in 1919 than it was in 1918 in spite of the apparent increase in the number of coolies employed. 4. I cannot recommend that the increase asked for be allowed. If we grant it in one case, all other Licensees will expect the same treatment. I have the honour to be Sir, Your obedient servant R ?S. ?Wintershaw, Superintendent, Chandu Monopoly Sel: N.S. & Ulu Pahang. Document in the National Archives of Malaysia 1436/20
The Straits Times, 13 March 1920, Page 2 • Kamasan Rubber. 147 ½ Per Cent, in Dividends Since 1912. • The tenth annual general meeting of the Kamasan Rubber Co., Ltd., was held at the company's registered office, Kuala Lumpur, on Monday. Mr. M. J. Kennaway presided and there were also present Messrs.. R. C. Russell, H. R. Moullin and G. E. Ridsdale (representing the secretaries, Messrs. Boustead, Hampshire and Co., Ltd.) • (Summary: the chairman said report and accounts for year ending Dec 31. 1919, printers error in accounts.. congratulations to secretaries on being one of first companies to produce report for last calendar year..crop 217,760lbs costs.. net profit for year $88,152 .45.. interim dividends of 10 per cent.. balance .. further dividend..crop for past year.. yields per acre in hill districts cannot always be obtained in coast districts…drainage visiting agent Major Burn-Murdoch advice on deeper drainage system to increase yield ..arrangement with Mr. J. Murray to visit estate and give advice. Crop estimates .. tapping renewal of bark allied to sanitation of soil with improved drainage quicker renewal expected.. estimate 200.000lbs for coming year. Factory and curing arrangements prices for No. 1 sheet.. lower grades being treated outside not satisfactory.. question of installing own machinery being considered .. manager Mr. Trotter on home leave in August since when Commander Perkins has acted in his place.. Major Burn –Murdoch welcomed back after war service.. report and accounts passed seconded by Mr. Russell..adopted.. final dividend Mr. A.K.E. Hampshire re-elected to board E. W. Tyler takes place of Mr. H. R. Moullin.. Messrs Neil and Bell re elected auditors. Vote of thanks to chairman.)(913 words)
LETTER FROM J. A. Russell and Co. TO THE CHIEF ASSISTANT DISTRICT OFFICER, BATU GAJAH. 24TH March 1920 J. A. Russell & Co. Kuala Lumpur, 24th March, 1920. Sir, I have the honour to inform you that I have been directed by the Chairman, Sanitary Board, Kinta, to apply to you for a sub-division of Certificate of Title 1419, lot 16572 Town of Ipoh, the sub-division to be in accordance with the Sanitary Board Town Planning Scheme K. S. B. 638/19. 2. I enclose the title deed, which you will note forms part of charge, Folio 123 Volume 71, in favour of the Hongkong and Shanghai Banking Corporation, and would ask that when the new titles are issued they be endorsed with this charge and the titles should also be sent direct to the Agent, Hongkong and Shanghai Bank, Kuala Lumpur. I have the honour to be, Sir, Your obedient servant, R. C. Russell From National Archives of Malaysia. Kinta Land Office 191/20 Transcribed by P.C.
Letter from Secretary to Resident, Kuala Lumpur, Selangor, to Messrs. J. A. Russell & Co., Kuala Lumpur 8 April, 1920. Increase in the supply of Chandu to Licensee at the Coal Mines, Rawang. Gentlemen. In reply to your letter of the 14th February, 1920, addressed to the Superintendent, Chandu Monopoly, asking for an increase in the supply of Chandu to Yap Eng Hock and another, I am directed to say that the reduction has been made in accordance with the policy of the Government to restrict consumption of Chandu throughout the State and that the Resident regrets that he does not see his way to make an exception in your favour. 2. I am to point out that it appears from your letter, under reply, that there was an actual decrease in consumption in 1919 as compared to 1918, although it is not stated that there was any decrease in the labour force employed, and there was no advance in the price charged until the end of 1919,and further that there is a reason to believe that the Chandu habit is one which the majority of coolies acquire for the first time after coming to this country, and that restriction of facilities for obtaining Chandu and increase of price are therefore calculated to reduce the proportion of smokers in the labour force. I have the honour to be, Gentlemen, Your obedient servant, Sd. C.W. Harrison, Secretary to Resident, Selangor. Document in the National Archives of Malaysia (2) in 1436/20
Letter from R.C. Russell Malayan Collieries Limited, Kula Lumpur to Secretary to Resident, Selangor.15th April 1920 Increase of Chandu Supplies to Licensee at Batu Arang. Sir, We have the honour to acknowledge the receipt of your letter of the 8th instant numbered (2) in 1436/20 on the above subject and note that the Resident cannot agree with our request. 2. We would, however, point out that our Labour force is not composed of Sinkehs(*) but consists entirely of experienced miners, who have been resident in this country for years. We have recently raised our hewing rates to attract more skilled labour but this effort to increase production, on behalf of the Railways and Miners, will be brought to naught as no miners will seek work at the Colliery if they are deprived of Opium. 3. It is true that Chandu sales at the Licensee’s shop decreased in 1919 as compared to 1918, but the consumption did not. With a increased train service the Colliery Labour made more frequent visits to Kuala Lumpur where some purchased their requirements, the reason being there was a suspicion that the Colliery Licensee sold short weight, (this has been disproved) and also that the purchasers in Kuala Lumpur preferred to give their custom to their friends in the trade. With the universal curtailment of supplies in 1920 to License holders, the miners have been unable to purchase in Kuala Lumpur, as the shops would rather supply local residents with their 1919 quantities, and are enabled to do so by refusing sales to our miners. The Colliery Labourers therefore return to the Colliery Chandu shop for their supplies, and naturally find that there is not sufficient for all needs. 4. Coal mining in this country is far from congenial work and we have to endeavour to provide our coolies with all the usual amenities of life in Batu Arang. (as an instance we might state that we are supplying them with rice at 84 cents per gatang) in order to keep them contented. The majority of the Labour Force have been Opium smokers for many years, and the underground miner in this country finds that he requires a narcotic after an arduous days work in the Mine and seeks it in Chandu. If the latter is not forthcoming he naturally turns to some other form of labour or employment in which the work is not so arduous and his need for Chandu not so great. 5. We would ask that this matter be reconsidered by the Government, it is vitally necessary to the country at large and the Railways and Tin Miners in particular that we maintain our output and this can only be done by keeping our Labour Force contented. We have the honour to be, Sir, Your obedient servants, Per Pro J. A. Russell and Co., R. C. Russell Document in the National Archives of Malaysia 1436/20
(*)new Chinese migrants
Letter from the Office of Secretary to the Resident to J. C Russell. Esq., Kuala Lumpur, 19 April 1920. Increase of chandu supplies to Licensee at Batu Arang Sir, In reply to your letter of the 15th April, regarding the increase to the supply of chandu to the Licensee at Batu Arang, I am directed to inform you that in view of your representations the Resident will allow the increase to four hundred (400) tahils as asked for to commence from the 1st April, 1920. I have the honour to be, Sir, Your obedient servant, (Stamped) Sd. N.F.H.Mather for Secretary to Resident, Selangor. The Superintendent, Chandu Monopoly, Kuala Lumpur. Forwarded for your information. N.F.H.Mather for Secretary to Resident, Selangor. Document in the National Archives of Malaysia (4) in 1436/20 •
Letter: T.G.S. From: C.W. Harrison, Secretary to the Resident of Selangor, Kuala Lumpur. To: Captain A. S. Jelf, Acting Under Secretary to Government, Federated Malay States, Kuala Lumpur. November 1920. ?el. (2) 5173/1920 Application by Mr. R. C. Russell of Messrs. J. A. Russell and Co., Kuala Lumpur, for agricultural lands. Sir, I am directed to report the receipt of an application by Mr. R. C. Russell of Messrs. J. A. Russell & Co., Kuala Lumpur for agricultural rights over an area of approximately 1500 acres of State land in the Mukim of Serendah as shewn in pink outline on the attached tracing A. Tracing to be returned. 2. The land is available and it is undulating to hilly land suitable for rubber cultivation, adjoining the Rantau Panjang Forest Reserve. The area, may in the near future, be traversed by the proposed road from Kundang to Kuala Kerling and by the continuation of the Kuala Garing Road from Rawang. It is accessible by public road from Sungei Choh and then by access reserves or through Sungei Choh Estate. 3. The applicant is reported to hold no land in the State but has ample capital. 4. I am able to say that the Resident recommends approval on the following terms and special conditions: (a) Premium $100 per acre. (b) Rent $1/- per annum for the first six years and $4/- per annum thereafter. (c) Ten per cent of the area shall be reserved from the cultivation of any products other than annual food crops, such area to be approved and marked on the plan by the collector of Land Revenue. (d) No timber rights (e) one tenth of this area shall be brought under effective cultivation annually from the date of occupation. (f) Labour condition will be that to be approved at the next Conference of Residents. (g) The right is reserved to resume any area required for any public purpose free of compensation other than for such trees of economic value as are destroyed in the execution of any public purpose. I have the honour to be, Sir, Your obedient servant, Secretary to the Resident, Selangor. •Document in the National Archives of Malaysia Ulu Selangor 5173/1920
1921
THE MALAY MAIL, MAY 31st 1921 MALAYAN MATCHES THE ANNUAL REPORT_ CHAPTER OF MISFORTUNES The first annual meeting of Malayan Matches, Ltd., will be held at the registered offices of the Company in Kuala Lumpur on June 7th at 11 a.m. to receive the balance sheet and directors’ and auditors’ reports, elect directors in place of those retired and auditors for the coming year. The report of the directors, signed by Messrs J.A. Russell and Co, agents and secretaries by order of the directors, for the year ending March 31st, 1921, is as follows:- Directors: Messrs. R.C. Russell, acting substitute for J.A. Russell (Chairman) ( For rest of report see J. A. Russell sources page)
Malay Mail Saturday August 27th 1921 page 8 Mr. R. C. Russell has been elected Vice President of the Selangor Club in place of Mr. Ferrers, resigned. Mr. Russell’s father and his brother Mr. G. D. Russell, have both occupied this position.
The Straits Times, 17 October 1921, Page 10 , and SPORTING NEWS. [Articles] The Singapore Free Press and Mercantile Advertiser (1884-1942), 18 October 1921, Page 12 • SPORTING NEWS. POLO TOURNAMENT. • The Polo Tournament. • Arrangements have been made for some very interesting Polo during- race week. On Monday the MacDougall Cup will be played for, the competitors being two Singapore teams and the Burma Rifles and Perak. There will be three six minute chukkas the maximum number of ponies allowed to any team will be six. The final for this Cup will take place on Friday and the Singapore teams will be as follows: A Team, Mr. A. J. Fergusson 1, Mr. A. W. D. Dove 2, Mr. F.T.S. Newall 3, General Sir John Fowler Back. • B- Team: Mr. R. B. Osborne1, Col. W. Morgan 2., Mr. R. B. Osborne 1. Col. R. W. Morgan 2, Mr. R. de S. Onraet 3, Captain Sloper Back. • The Perak team as at present chosen will be: Mr. A.A. Henggeler 1, Mr. Welsh 2, Mr. Sydney Smith 3, Mr. R. C. Russell back. • On Wednesday the big match of the week will take place when Singapore (represented by the A team) will meet the Burmah Rifles and will be anxious to retrieve the result at Pengang. Four eight minute chukkas will be played ten ponies being allowed. • The K.O.R. cup was presented to the Singapore Polo Club by that Regiment in 1900 and has been played for every year since up to 1912. • On this afternoon the Club will be At Home and it is proposed to provide a limited number of tea tables, seated for four. Which will be reserved for members who make application to the Hon Secretary, care of Lyall and Evatt, or at the Singapore Club. Applications will be received from the 17th to 22nd, that is during this week. An admission charge of $1.50, including tea and refreshments, will be made for this day and the band of the South Staffords will, by kind permission of Col. Morgan, play during the afternoon.
The Singapore Free Press and Mercantile Advertiser (1884-1942), 25 October 1921, Page 12 • POLO. THE MACDOUGALL CUP. 4 • The first matches of the Race Week polo were played yesterday on the Balestier ground when the preliminary games in the McDougall Cup were brought off before a gathering of interested spectators including Lady Guillemard. The conditions were three six minute chukkas, each team allowed six ponies. (Summary : 4 teams, excellent conditions, visitor’s ponies heavier and slower, six fast chukkas,games best seen on grounds for some time, Singapore had more ill luck, description of games,… Singapore A. vs Perak..first chukka , second chukka.. Newell Heggeler, Perak two up..” Russell went off by himself at a gallop on the right from a cross pass but his chance of a shot was spoiled by a determined bit of riding by Newell”..third chukka.. list of teams: H.H. the Sultan of Perak’s team: A.A. Henggeler1; Mr. T. V. Welsh 2; Capt Sydney Smith 3; Mr. R. C. Russell back…umpires time keeper.) (1015 words
The Straits Times, 29 October 1921, Page 10 • POLO. Perak Win McDougall Cup. • The third day's programme of what in spite of weather conditions has proved a very successful week of polo was played on the Singapore Polo Club's ground at Balestier yesterday afternoon. The Sultan of Perak's team and the Burma Rifles met in the final of the McDougall Cup, and the former proved winners by 3-1. • The teams were: - • H.H. The Sultan of Perak’s team: A.A.Henggeler 1; Mr. T.V. Walsh 2; Capt Sydney Smith 3; R. C. Russell, Back. • Burma Rifles: Lt. Blaber 1 Capt Howman 2 Major Williams 3 Major Gordon Smythe, Back. • It was inevitable that the ground should be very sticky after so much rain, and this naturally effected the run of the play. Nevertheless it was quite a good game which was watched by a loud crowd of spectators, who included lady Guillemard. The Sultan of Perak’s team had the better of matters and fully deserved their win. • The first chukka opened first with Perak pressing. Smythe nearly scored with a good backhander, but Russell saved for Perak. Towards the end of the chukka Smith put his side one up. • In the second chukka Smith made a brilliant run down and passed to Russell who scored. (Summary: Rifles, Williams, Smythe scored third chukka Henggeler Smythe Singapore A and B team’s match, team members, Lady Guillemard presented Mc Dougall Cup to winners.) • • SPORTING NEWS. [Articles] The Singapore Free Press and Mercantile Advertiser (1884-1942), 29 October 1921, Page 7 • SPORTING NEWS. POLO. MACDOUGALL CUP FINAL (Slightly longer version of above)
1922
The Straits Times, 13 January 1922, Page 8 SOCIAL AND PERSONAL and Untitled [Articles] The Singapore Free Press and Mercantile Advertiser (1884-1942), 17 January 1922, Page 4 A marriage has been arranged between Robert Cecil Russell, youngest son of John Russell, late of Kuala Lumpur, and Myrtle Aline, elder daughter of A. Macomb Chance, of Compton House. Kinver, Staffordshire. (35 words)
The Straits Times, 1 February 1922, Page 10 • Polo. Singapore Wanderers won by 4 to 2 in the match against Selangor at Kuala Lumpur on Sunday. The teams were Singapore Wanderers Dr. A. J. S Sloper 1, Messrs. A. J. Ferguson 2. R. H de S. Onraet 3 and F. T. S. Newell. Back. Selangor: Mr. A. A. Henggeler 1, H.H. The Sultan of Perak 2, Mr. T.T. Welsh 3 and Capt S. R. Smith back. • Umpires: Messrs. C. E. Harston and R. C. Russell. • (Summary: turf in good condition..first chukka, second chukka “ owing to indisposition H.H. The Sultan of Perak was replaced in this chukka by R. C. Russell at back” third chukka , extra time fast and exciting game throughout, large number of spectators.. Prince of Wales will play during his visit..) (561 words)
Marriage certificate: 25 March 1922, when Bob was 32 he married Myrtle Aline Chance aged 20 at St. James Westminster. His occupation is given as merchant, address 8, Duke Street, St. James S.W. Her address is Compton House. Kinver, Stourbridge. Her father Alexander Maccomb Chance, manufacturer. Both their father’s were the witnesses. The vicar was R. Bruce Dickson, Vicar of Sheen, Berks. ( NB. Who may be a relation since Myrtle’s mother was Frida Dickson, the daughter of Sir Frederick Dickson who was Colonial Secretary, S.S., and acted as Governor in 1887 and again in 1890, and her uncle was Eric A. Dickson, District Officer, Kinta.)
The Straits Times, 12 June 1922, Page 10 Passengers Outward. By the Haruna Maru: Mr. and Mrs. R C Russell
The Singapore Free Press and Mercantile Advertiser (1884-1942), 15 June 1922, Page 10 • Passengers arrived. Per Haruna Maru:- Mr. R. C. Russell, Mrs. A. Russell.
• SINGAPORE FREE PRESS. TUESDAY, JUNE 20. 1922. Quis Separabit. The Singapore Free Press and Mercantile Advertiser (1884-1942), 20 June 1922, Page 6 • Mr. and Mrs. R. C. Russell have arrived in Kuala Lumpur
LETTER FROM: - J. A. Russell & Co. TO: - The Collector of Land revenue, Kinta, Batu Gajah. 27th July, 1922 Kuala Lumpur, 27th July, 1922 Sir, Surrender in respect of Plans 23428} Area of 14.6 P 23429 A} 23249 B} In compliance with the request contained in your 12 in K.L.O. 633/21 of 24th ultimo, we have the honour to enclose herewith Form of Surrender duly completed. Also attached is the original Power of Attorney, Mr. J. A. Russell to Mr. R. C. Russell. May we ask that this be returned promptly? On previous occasions Powers of Attorney have been held for long periods causing considerable inconvenience here. For this reason we will defer asking the Agent of the Hongkong and Shanghai Banking Corporation for his original Power or Attorney as it is in almost daily use here, until we hear from you that it is absolutely necessary to your requirements. The tracing requested was in connection with the small corner surrendered by us to Government free of charge. We presume that when requesting payment of $1/- being cost of tracing this fact was overlooked. We have the honour to be, Sir, Your obedient servants, Per Pro J. A. Russell and Co. H.H. Robbins. From National Archives of Malaysia. Transcribed by P.C.
The Singapore Free Press and Mercantile Advertiser (1884-1942), 18 September 1922, Page 12 • MALAYAN SPORTS MEETING. SINGAPORE WINS THE CHAMPIONSHIP. • MILLS, CHAMPION ATHLETE. (From Our Own Representative). • The Malayan Athletic Championships came to a successful conclusion in brilliant weather on the Padang at Kuala Lumpur on Saturday, in the presence of a large attendance, which included the Hon’ ble Mr. W. G Maxwell and Mrs. Maxwell. (Summary: championship between Singapore Negri Sembilan each having scored 13 points after first day. Saturday Singapore won high jump and relay race, 100 yards and cricket ball event, and hurdles finished in lead. Points. Good conditions, times, winners, no official representative from Singapore, Singapore in forefront of athletics in Malaya. List of events, runners and times. W. G. Maxwell gave brief speech at end. Cups and prizes presented by Mrs. Maxwell. List of chief officials. Judges list. Starters list. Timekeepers: Messrs. A. E. Holmes Brown and R. C. Russell. Secretary. 1923 Sports representatives meeting championships to be held in Seremban in second week of September. )(1238 words)
1923
The Singapore Free Press and Mercantile Advertiser (1884-1942), 6 February 1923, Page 6 • • At the General Meeting of the Selangor Polo Club the following Committee was elected: - W. S. Gibson, President, R. C. Russell, E. W. Tyler, W.T. Chapman. Lt.-Col. Graham and A.A. Henggeler, Hon. Secretary and Treasurer.
The Straits Times, 19 February 1923, Page 10 SELANGOR RACES. Heavy Rain on Last Day. (From Our Own Correspondent.) Kuala Lumpur, February 18. Heavy rain came down in Kuala Lumpur early on Saturday afternoon and spoilt the evening's sport considerably. His Excellency the High Commissioner and Lady Guillemard were again present having arrived on the grounds about quarter past four, among others present were Mr. and Mrs. W. George Maxwell, C.M.G. and Mr. and Mrs. O.F. Stonor. The most interesting event of the day was the extra race for the Sultan of Perak’s Cup. This was a race for all polo ponies with gentleman riders catch weight being 11st 7lbs and the distance 3 furlongs. Twelve entered for the event amongst them being Lady Guillemard’s Radana which did quite well at the Mackray Cup polo match on Friday. Lt. Col’s Graham’s Happy Returns was favorite with Mr. R. C. Russell’s Ginger Mick next in demand while the Sultan of Perak’s Pekin was also a much fancied candidate. After a very good race however the event was won by Mr. A. J. Ferguson’s Marella ridden by the owner himself who afterwards received the congratulations of the his Excellency and Lady Guillemard. Those who backed the winner were well repaid the tote paying a handsome dividend of $55. It was chiefly a favourites day. His Highness the Sultan of Perak was again the most successful winning owner securing three splendid wins- the Ipoh Stakes, The Travers Purse and the Selangor Scurry (Division A) all of which were very popular. At the conclusion of the meet Dr. Travers before asking Mrs. Stonor to give away the cups announced that Messrs. Alan and Y. C. Loke were made life members of the Selangor Turf Club for all that they had done for the Clubs. The announcement was greeted with a tremendous ovation. Mrs. Stonor then pinned the badge on the coat of Mr. Alan Loke who also received that of Mr. Y. C. Loke the latter being unavoidably absent at the time. Mr. A. J. Morrison the owner of Sheila in addition to winning the cup for the Kuala Lumpur Stakes was awarded a cup for the best griffin of the meet- Sheila who also won the Ipoh Purse on Saturday. The full results are as follows: (Summary: list of 9 races with winning horses and their owners) (759 words)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 19 September 1923, Page 12 and The Straits Times, 19 September 1923, Page 10 JOHORE POLO TOURNAMENT. STATE TEAMS IN MACDOUGAL CUP. The tournament promoted by the Royal Johore Polo Club in connection with the celebration of the fiftieth birthday of the Sultan, which opened on the Race Course at Johore yesterday afternoon, attracted some of the best polo players from the country. (Summary: great crowd.. among players H.H. Sultan of Perak and 2 sons of H.H. Sultan of Johore.. strong players omitted.. four teams.. Stewards..conditions.. umpire struck in eye by ball..officials.. inc. H. C. Cooke Yarborough.. time keeper semaphore..goals.. Jahore vs Iskander (Perak) first chukka.. second chukka..third chukka.. Singapore vs Selangor.. first chukka.. second chukka..third chukka the teams were: Jahore.. Singapore..Iskander… Selangor: No. 1. The hon’ble Mr. W.S. Gibson, No. 2 Colonel Graham. No. 3 Mr. E. W. Tyler. Back, Mr. R. C. Russell.)
The Straits Times 22 October 1923 page 9 and MALAYAN MATCHES. [Articles] The Singapore Free Press and Mercantile Advertiser (1884-1942), 22 October 1923, Page 6 Malayan Matches Ltd. The third annual general meeting of Malayan Matches Ltd., was held in Kuala Lumpur on Saturday with Mr. R. C. Russell in the chair, reports the Malay Mail. The report and accounts, which showed a loss of $84,726.85 for the year, were adopted. The chairman in his speech, indicated that authorised debentures amounting to $75,000 had been issued, 90 per cent of these were held by J. A. Russell and Co., and they and other debenture holders who were repayable on June 30 1925. He also stated that the directors had solved the question of timber supplies by concluding an arrangement with the Forest Department. An ample supply of timber is thus assured for many years. There being no questions, the report and accounts were adopted. Mr. J. A. Russell retiring director, was re elected and Messrs. Neill and Bell were re-appointed auditors.
The Straits Times, 24 October 1923, Page 2 • Bakau Tin, Limited. The directors of Bakau Tin, Limited, in their report for the year ended June 30, state: - The net profit for the year amounts to $84,726.85 for the year which with $6,543.10 brought forward from the previous year makes a total of $9,665.76 available. Your directors recommend that a dividend of 7and half percent. be paid in respect of the year ended June 30, of, 1923, and sold in $7,500, and that the balance of $2,165. 76 be carried forward to a new account. Directorate: Since the close of the year Mr. J. A. Russell proceeded on leave and Mr. R. C. Russell was appointed his alternate. Mr. A. K. E. Hampshire has returned to Malaya and has resumed his seat on board as Mr. F. J. Gore’s alternate. The retiring director is Mr. F. J. Gore who being eligible offers himself for re-election. Auditors: Messrs. Neil and Bell retire and offer themselves for re-election. (151 words)
The Straits Times, 8 November 1923, Page 10 NEWS FROM KUALA LUMPUR (From Our Own Correspondent). Kuala Lumpur, November 8. At a committee meeting of St George’s Society the election of the following officers was confirmed: - President, Mr. Shelley; vice-president Mr. C. J. Baker; secretary, Mr. A. H. Flowerdew; committee: Messrs. J. Weston, A. J. Lee, R. C. Russell, R. H. Bilke and C. Thurstan.
1924
The Straits Times, 8 January 1924, Page 9 • ROYAL ST. GEORGE'S SOCIETY. • (FOOC) KL January 8. • The first annual meeting of the Royal St George’s society, Selangor branch, was held in the Selangor Club yesterday evening. In the absence of Mr. Shelley. Mr. C. Baker presided, and said that during the first few months of the society’s existence much headway had been made. They had now got 84 members and they would be glad to hear that their branch was affiliated with the parent society with the Prince of Wales as their patron. Officers for the year were elected as follows: President Mr. C. J. Baker, vice-president Mr. R. C. Russell; committee, Messrs. A. J. Lee, J. S. Witson, R. C. Thurston, R. H. Bilke. Egmont Hake, Sydney Smith, Major Barwise; secretary Mr. Palmer; treasurer, Mr. L. O. Tasmer. It was decided to hold a St. George’s Carnival instead of the usual ball this year; the arrangements were left to the committee. A proposal to form a samaritan sub committee was carried.
The Straits Times, 15 May 1924, Page 3 • UTAN SIMPAN RUBBER. • Position of the Company at Close Of Last Year. • At the annual meeting of the Utan Simpan Rubber Company, Ltd., held on May 13, in the offices of the secretaries Messrs. Boustead and Co., Kuala Lumpur, the chairman, the Hon. Mr. D. H. Hampshire…( Summary: reports ..accounts… In the worst of the slump this company had some difficulty in carrying on as it was impossible to borrow any money. I trust we shall not go through such difficult times again…dividend declared… company incorporated in 1910.. area planted.. advice from restriction committee.. production figures…Mr. R. C. Russell seconded… dividend of 12 and half per cent passed. The next business was the election of directors. Mr. F. C. Peck inquired whether the directors recommended the re election of Mr. J. A. Russell as a director. The chairman replied in the affirmative. The chairman then proposed the re election of Mr. J. A. Russell. Mr. Fallen seconded and the resolution on being put to the meeting was carried with one dissentient- Mr. F. C. Peck….(769 words)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 18 July 1924, Page 10 • Passengers arrived Per Klang:- Mr. R. C. Russell
The Singapore Free Press and Mercantile Advertiser (1884-1942), 30 July 1924, Page 16 HOLIDAY POLO. The first round of the August Polo Tournament will be played tomorrow (Thursday) at 4.45 at the Balestier Road ground. The draw resulted in the Johore A and Johore B teams playing each other. The winner of this round will, together with three other teams, contest for the Spooner Cup, the semi final being played on Saturday, august 2nd at 4.30 pm and the final on Sunday, august 3rd ay 4.45pm. The draw for Saturday is: - Singapore vs. The Royal Sussex Regiment, and winning Johore team vs. Selangor. The teams are: - (Summary: list of teams inc. Selangor Back R. C. Russell… Spooner cup is junior handicap tournament.. On Aug K.O.R. cup will be played. Singapore Polo Club will be At Home, members invited to bring friends regimental band.. refreshments. K.O.R. Cup is the senior championship in Malaya. The cup was presented by the officers of the 1st kings own Royal Lancaster regiment and has been played since 1900. Tournament conditions. The teams are: Selangor Polo Club Back R. C. Russell…. All above games played unless heavy rain actually falling between 4.30 and 6pm) (439 words)
The Straits Times, 30 July 1924, Page 10 POLO. Interesting Forthcoming Tournament. The first round of the August Polo Tournament will be played tomorrow at 4.45 p.m. on the Balestier Road polo ground. The draw resulted in Johore A and Johore B teams playing against each other. The winner of this round will, together with three other teams, (396 words) • (N.B.Probably as above but wrong image on the on-line archive)
The Straits Times, 2 August 1924, Page 10 • POLO TOURNAMENT. Interesting Week-End Programme. • In connection with the tournament to be held by the Singapore Polo Club during the holidays, the semi-final of the Spooner Cup will be played at 4.30 this afternoon, and the final to-morrow at 4.45- The teams taking part in this contest are as follows: (Summary: list of teams, members, Selangor: R. C. Russell back, K.O.R. Cup on Monday, conditions, Teams are: list of teams: Selangor Polo Club: back R. C. Russell.)
The Straits Times, 5 August 1924, Page 10 • POLO. • A Successful Tournament. • The Spooner Cup competition, began on Thursday at the Singapore Polo Club was continued on Saturday in the presence the Hon. Mr. E. S. Hose, C.M.G., Officer Administering the Government, and HE General-Officer Commanding, when the semi-finals were played, the Singapore Polo Club v. the Royal Sussex regiment, and the Selangor Polo Club v. The royal Johore Polo Club ‘A.’ • (Summary: 1st match, second and third chukkas, teams, second match, teams Selangor. – R. C. Russell back… The Final of Spooner Cup played on Sunday between and Selangor, and in ended in a well deserved win for Selangor by 6 goals to nil. • Singapore started pressing, and were unlucky not to score. Selangor then settled down, and playing fast polo; De Mowbray, Gifford and Russell each scored. The second chukka was more even, both teams going all out. There was no score despite good runs by Fox and Sloper. In the third chukka, although Selangor added three more goals, Singapore put up a good fight, and the polo was always fast and exciting. The goals were scored by Gifford (1), Dalley (2), de Mowbray (2), Russell (1). • The K.O.R Cup. Played yesterday afternoon. Singapore Polo Club at home large attendance of friends, band played, Singapore won. Selangor had misfortune to lose their back, Mr. R. C. Russell having injured his leg in the morning. Major G de Chair took his place.. first chukka, second, third, Teams.. Miss Fraser presented cups.. those present.. garden party.. 150 present.. dinner at Singapore club..Mr. H. C. Cooke –Yarborough presided guests included members of Selangor Polo Club, covers laid for 30, very enjoyable time spent.)• (884 words)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 6 August 1924, Page 16 • HOLIDAY POLO. THE SPOONER CUP. • Some Fast Play. • The Spooner Cup competition, which was begun on Thursday, was continued on Saturday in the presence of the Hon'ble Mr. E. S. Hose, C.M.G., Officer Administering the Government, and Major-General Sir T. Fraser, G.O.C. Malaya, who witnessed the semi-final matches: Singapore etc. (As above) (905 words)
The Straits Times, 12 August 1924, Page 8 SOCIAL AND PERSONAL. • The Malay Mail states that Mr. R. C. Russell, who returned to Kuala Lumpur by the mail train on Sunday evening, met with a nasty accident while in Singapore, having the misfortune, while walking in his sleep, to walk over a verandah with a 40 foot drop. He alighted upon his feet, the result being a broken bone in the heel and ankle.
The Straits Times, 18 August 1924, Page 12 and The Malay Mail, August 19, 1924, page 9.and The Singapore Free Press and Mercantile Advertiser (1884-1942), 21 August 1924, Page 11 • • Malayan Matches. • Reorganisation and Reduction Of Capital. • (From Our Own Correspondent.) • Kuala Lumpur, August 15. • The fourth annual general meeting of Malayan Matches, Ltd., was held to-day at the offices of the managing agents and secretaries, Messrs. J. A. Russell and Co., Hongkong and Shanghai Bank Buildings. • Mr. James Davidson (director) presided, and on assuming the chair, proceeded to read the speech prepared by Mr. R. C. Russell, who was unavoidably absent owing to an injured foot. • The speech was as follows:- Gentlemen, the report and accounts having been in your hands for the prescribed period, I will with your permission take them as read. The total loss on the year’s operations is shown as $48, 560.76, made up of as $37, 136.17 on account of depreciation, $6, 750 denture interest, and the balance of $4,674.59 being the difference between the actual expenditure on manufacture and the amount realised on the sale of the product. As in the past, your directors have been very conservative in their additions to capital accounts with the result that the manufacturing costs shown contain considerable expenditure properly charged to capital accounts in a company less over-capitalised than yours is. After making due deductions for these accounts the factory on the year’s working may be said to have just about paid its way. • Capital. - This remains unaltered but your directors have formulated a scheme for the re-organisation and reduction of this, and in this connection you have already been circularised. • Debentures. - These also remain unaltered at $75.000. As you have already been informed, the debenture issue was redeemable on June 30, but owing to the courtesy of the denture holders, this date has been extended to June 30, 1925. It now seems certain that through force of circumstances the majority of the debenture holders will require due payment or a definite proposal from the company, and this latter at least it is hoped to be able to give if the proposed scheme of re-arrangement of capital is fully supported. • On turning to the balance sheet it will be seen that liabilities under the head of sundry creditors have increased by $23,587,98. On the account of $83,461,36 shown as due to sundry creditors $37,642.37 is owing to your managing agents on account of cash advanced from time to time and accrued interest on the debentures to the value of $67,000 held by them, while the balance is made up of as to $17,955.22 principally on account of erection of power house and plant and $11,895.72 on account of the erection of factory building while $15,385.38 is for current trade liabilities; of this the latter amount has since been discharged. It is by the aid of the advances made by J. A. Russell and Co. that all trade accounts over the past year have been kept paid up. Messrs. J. A. Russell and Co. have charged no interest on these advances. • Company’s Assets. • On the assets side, the various capital accounts were increased by additions amounting to $596.25 on account of factory and other buildings; $1,128.34 on account of machinery and plant and $47.65 on account of furniture, or a total of $1,772,24, while the whole was written down by $37,136.17 • The item of $1,345,37 under Jelutong Getah Manufacturing account represents an amount invested in materials and equipment for the development of this business as a side line. After considerable experimenting your managing agents have perfected a process of manufacture the product of which has been very highly reported upon by one of the Principal New York manufacturers and a small contract now running is at a considerable premium over ruling rates for other locally manufactured Jelutong. It is too early to predict the result of this small side line, but it is hoped that it may be made to augment in a small way the revenue from the principal business of the company. • As you will realise form the circular letter of the August 1, 1924, which you have received, the above amount by which your assets were written down during the year was arrived at by following the accepted practice of a percentage depreciation per annum rather than due regard to the actual value of the plant under existing conditions and in the scheme of re-organization you are asked to authorise the cancellation of that portion of the capital not represented by available assets. As for liquid assets, it will be seen that stocks are approximately $10,000 and sundry debtors about $3,000 up on the year. • Production of Matches. • The production during the year, principally through causes explained in the recent circular to shareholders, has been disappointing. The best month’s output was just 15,000 gross and with the new capital sought it is confidently expected to increase this by 60 per cent. as a regular thing. The plant has now been tested to its full capacity and we are confident that without further expenditure on new plant an economic an economic output cannot be maintained. Two share holders have been good enough to write asking certain questions, the principal being why the plant originally stated as capable of a larger output has not been able to reach it. In reply your managing agents have conveyed your directors’ considered opinion that under the best possible conditions in the way of local climate, labour and materials the standard machines of European construction such as those installed in your factory are not capable of more than 50 per cent of the manufacturers rated capacity. We also understand this percentage as maximum sums up the experience gained in repeated attempts to establish the match industry in India. • Another factor has been the controlling influence of the principal machine in the factory. The second match making machine has been in working order for some months but not in an entirely satisfactory manner. The defect can be remedied by an improved automatic attachment for feeding splints into the machine and the small cost of this addition is included in the amount stated as required for new plant and parts. However, the matter having a great effect upon output, and costs has been the lack of working capital. While your managing agents have personally guaranteed payment of all shipments of raw materials from Europe from time to time, they were not disposed to do this in respect of quantities larger than those absolutely required which resulted in inadequate reserve stocks which, with the source of supply on the other side of the world, must inevitably result in some delay and lost working time. • Such has been the experience of the factory over the 12 months under review and during the first quarter of the present year. We have now arrived at that point where definite action by shareholders is necessary, and to put it plainly it is either a matter of reorganisation of capital along the lines suggested, or liquidation. • The Import Duty. • While it is not the object of your directors to stress the point it may be well to remind shareholders of the fact that the match industry is being developed under the protection of an import duty and the estimates of the possibilities of the company’s undertaking are based upon the assumption that Government will see their way to continue the present duty until the company is really on a paying basis. Therefore, while it is not claimed that the company will be able to compete with the imported article unaided by an import duty, it is hoped that it will be able to operate profitably under a lower duty or under the same duty upon payment of a reasonable duty on output in the form of excise. Your directors have this matter of meeting Government well before them and it is hoped to be able to make mutually satisfactory arrangements when the time comes. In the meantime, however, it is plain that the company could not carry on in open competition with the imported article. • The matter of fire insurance has been mentioned in our report. It is regrettable that the position of the company has not made due attention to this possible and this matter has been a further worry and responsibility of your board. With the subscription of new capital, fire insurance would be the first matter for attention. • Mr. E. Mudispacher was in charge of the factory since August last and your directors wish to express their appreciation of the services rendered by Mr. Mudispacher over a very difficult period. Before formally moving the adoption of the accounts I will endeavor to the best of my ability to answer any questions form shareholders. • The report and accounts were adopted. Major E. H. T. Gough, the retiring director was re-elected and Messrs. Evatt and Co. were reappointed auditors for the current year. • Resolutions for the reoganisation and reduction of capital were then passed.
The Straits Times, 30 September 1924, Page 9 • Selangor Club. Our Kuala Lumpur Correspondent writes on Monday: - The half yearly general meeting of the Selangor Club was held at 6.30 pm on Saturday Mr. R. C. Russell the vice chairman presiding. The chairman in proposing the adoption of the report and accounts said that the half year had been a successful one. The report and accounts were adopted. A proposal was put forward that the Club should erect a building on Fraser’s Hill, with the lower portion being used as a club and bedroom upstairs. The meeting was in favour ?of raising $20,000 for the purpose. It was stated that the Government had agreed to give a site for the building free of charge. This concluded the proceedings.
The Malay Mail, Saturday, October 4, 1924, p.9 Malayan Collieries Position of Managing Agents. Circular to Shareholders. Shareholders in Malayan Collieries, Ltd., have received notice that the Eastern Mining and Rubber Company, Ltd. Mrs. H. G. Russell, Mr. J.A. Russell, Mr. R.C. Russell, and Mr. B. J. P. Joaquim, having under articles Articles No. 59 and 60 of the company’s articles of association requisitioned an extraordinary general meeting of the company, such meeting is convened in accordance with Article No. 61 of the company’s articles of association to be held at the registered offices of the Company, Hongkong and Shanghai Bank buildings, Kuala Lumpur on Saturday, Oct 18th, at 11 a.m., for the purpose of submitting the following resolutions, which, if passed by the requisite majority at such meeting, may be confirmed as special resolutions at a subsequent extraordinary meeting to be convened for that purpose. : - (1) That Messrs. J. A. Russell and Co. be continued as managing agents of the company from and after the first day of January 1925, upon such terms and conditions as may be arranged between the directors and the said Messrs J. A. Russell and Co. (2) That no change be made in the present management of the company involving the loss of services of Messrs. J. A. Russell and Co. or of Mr. J. A. Russell or removing the general management of the company, subject to the control of the directors, from their hands, except with the approval of the shareholders in general meeting. On Oct. 2nd the following circular signed by Mr. H. D. Brown, was sent to shareholders: - By notice under the articles of association of the company (No. 59), an extraordinary general meeting has been requisitioned by the Eastern Mining and Rubber Company, Ltd. Mrs. H. G. Russell, Messrs. J.A. Russell, R.C. Russell, and B. J. P. Joaquim, all of whom are shareholders, for the purpose of submitting the resolutions contained in the accompanying formal notice of such meeting. Doubtless the convening of this meeting is the result of the acceptance by the board of directors of Messrs J. A. Russell and Co.’s resignation as managing agents and secretaries of the company dated June 11 last. While the secreataryship was handed over to Mr. H. D. Brown on July 1, 1924, the management and agency, by arrangement with J. A. Russell and Co. remained with them until Dec 31, 1924 in order not to dislocate the working of the company. The independent directors had given the matter of management of the company very careful consideration, and in the light of the recent facts disclosed in the Peck v. Russell litigation were unanimously of the opinion that the management of the company should be taken out of the hands of Messrs. J. A. Russell and Co. The independent directors had already decided to dispense with the services of J. A. Russell and Co, but before any steps were taken Messrs. J. A. Russell and Co. tendered their resignation, which the board accepted. When the resignation was accepted by the board, Mr. J. A. Russell objected to its acceptance without the approval of the shareholders. Having come to this conclusion, the independent directors decoded to make the appointment of a managing director who would be unconnected with any other business and whose whole time services would be at the disposal of the company. In the these circumstances the selection of a successor is having the board’s serious attention, but obviously no definite action can conveniently be taken pending the result of the shareholders decision in this matter. The board, have, therefore, confined themselves to inquiring into the suitability of possible successors. Your directors would point out that the proposed resolutions are contrary to the articles of association, which in accordance with universal practice vest the management and control of the company and employment of its servants in the board of directors. The practical effect of these resolutions, if passed, would be to tie the hands of the directors in most vital matters in the management and control of the company’s affairs. The directors would be without power to dismiss Messrs. J. A. Russell and Co. for any reason whatsoever without the approval of the shareholders and Mr. J. A. Russell controls by far the largest individual shareholding in the company. Proxies are enclosed herewith for recording your votes at the meeting now convened, one of which it is requested should be filled up and returned in the accompanying envelope. That in red is in support of the resolutions submitted by the requistionists of the meeting, while that in black should be used if you desire to support the independent directors in their policy of conducting the affairs of the company without the intervention of Messrs. J. A. Russell and Co., as managing agents. (Accompanying this circular is a reprint of Articles 59,60 and 61 of the articles of the association.)
The Straits Times 6 October 1924 page 10 Malayan Collieries. The Change of Management Questioned. The Eastern Mining and Rubber Company, Ltd. Mrs. H. G. Russell, Messrs J.A. Russell, R.C. Russell, B. J. P. Joaquim, as shareholders in Malayan Collieries, Ltd, have requisitioned an extraordinary general meeting, of the company, which has been fixed for October 18, to consider the following resolutions:- That Messrs. J. A. Russell and Co be continued as managing agents of the company from and after January 1 1925, upon such terms and conditions as may be arranged between the directors and the said Messrs J. A. Russell and Co. That no change be made in the present management of the company involving the loss of services of Messrs. J. A. Russell and Co. or of Mr. J. A. Russell or removing the general management of the company, subject to the control of the directors from their hands except with the approval of the shareholders in general meeting. The company have circularised shareholders recalling the decision of independent directors, in the light of the facts disclosed in the Peck v. Russell litigation, that the management should be taken out of the hands of J.A. Russell and Co., but before steps were taken in the matter Russell and Co resigned from the board, accepting the decision – though Mr. J. Russell objected to the acceptance without the approval of the shareholders- of the directors, who decided to make the appointment of a managing director whose whole time services would be at the disposal of the company. The selection of a successor is now having the serious attention of the directors who point out that the resolutions are contrary to the articles of association and the effect of them would be that the hands of the directors would be tied in most vital matters of control and management. It is mentioned that Mr Russell controls by far the largest individual shareholding in the Company. Proxies have been enclosed with the circular whereby shareholders may support the resolutions of the requisitionists or support the independent directors in their policy of conducting affairs of the company without the intervention of Messrs J.A Russell as managing agents. Mr R.C. Russell has circularised the shareholders of Malayan Collieries explaining that J. A Russell and Co. tendered their resignation in order to facilitate a settlement of the action, Peck v. Russell and that the question of the future management of the company could be referred to shareholders. In order to remove any apprehension that J.A. Russell and Co. seek to be appointed managing agents in such permanent fashion that they can be removed only by a special resolution of the shareholders it is his intention to request his co requisitonists to withdraw the first resolution on the agenda for the meeting of the 18th instant. If the second resolution is passed, the result will be he says, that the directors must consult the shareholders before making a change so vitally important to the company. Although Mr J. A Russell controls by far the largest individual shareholding in the company he does not control a majority of the shares or anything like it. Mr Russell explains that, although a director, he had no knowledge of any meeting of the directors at which the circular was approved respecting matters of control and management. (557 words) ( Above article edited for The Singapore Press and Mercantile Advertiser 6 October 1924 page 6)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 6 October 1924, Page 6 • RUSSELL REDIVIVUS. • Misses the Managing Agency. • (From Our Own Correspondent). • Kuala Lumpur, Oct. 4. • The Eastern Mining and Rubber Company, Mrs. H. G. Russell, Messrs J. A. Russell, R. C. Russell, B. J. P. Joaquim, as shareholders in Malayan Collieries, have requisitioned an extraordinary meeting, which has been fixed for Oct 18th, to consider special resolutions: first that Russell and Company be continued as managing agents; second that no change be made in the management involving loss of the services of Russell and Company or of Mr. J. A. Russell, or removing the general management of the company, subject to the control of the directors, from their hands. • The Company has circularized shareholders recalling the decision of the independent directors, in the light of the facts disclosed at the recent litigation, that the management should be taken out of the hands of Russell and Company, but before steps were taken the Russells resigned from the Board, accepting the decision – though J. A. Russell objected to the acceptance without the approval of shareholders- of the directors, who decided to make the appointment of a managing director whose wholetime services were at the disposal of the Company. • The matter is now having the serious attention of the directors, who point out that the resolutions are contrary to the articles and the effect thereof would be that the hands of the directors would be tied in vital matters of control and management,. • It is mentioned that J. A. Russell controls by far the largest individual shareholding in the company. Proxies have been enclosed with the circular whereby shareholders may support or oppose the resolution. (272 words)
The Straits Times, 8 October 1924, Page 9 and The Malay Mail, Tuesday, October 7, 1924. P.9 • MALAYAN COLLIERIES. • Mr. R. C. Russell's Circular To Shareholders. • The following circular, dated third inst., has been forwarded to the shareholders of Malayan Collieries, Ltd., by Mr. R. C. Russell- • Dear Sir or Madam, — l have had an opportunity of perusing the circular letter issued "by order of the Board”, dated October 2, 1924. I may say at once that although a director –I have no knowledge of any meeting of the directors at which such a circular was approved nor was I given notice of any such meeting. This is a pity because certain statements which I challenge might not have been included had I been given an opportunity of pointing out my objections. • I have no knowledge nor can I find any record in support of the statement that the independent directors had decided to dispense with the services of Messrs. J. A. Russell and Co. The circular letter was my first intimation of such an intention. • Messrs J. A. Russell and Co. tendered their resignation in order to facilitate a settlement of the action, Peck v. Russell, which was then being discussed, and secondly in order that the future management of the company could be referred to shareholders. • This meeting has been convened because the independent directors have definitely refused to refer the matter of future management to the shareholders, and although so far their activities have been limited to enquiring into the suitability of possible successors to Messrs J. A. Russell and Co., it has been their clearly expressed intention, when such suitable person has been found, to make the appointment without consulting the shareholders. • The question of the management of the company is, by virtue of his large interest therein, of vital importance to Mr. J. A. Russell. Under the management of J. A. Russell and Co., the company has been brought to a state of prosperity, paying dividends amounting to 22 1/2 per cent. for the last year. At present there is a state of affairs which has been proved a success and I venture to suggest that any alteration of this state must be a dangerous experiment. • In order to remove any apprehension that Messrs J. A. Russell and Co. seek to be appointed managing agents in such a permanent fashion that they can only be removed by special resolution of the shareholders, it is my intention to request my co-requisitionists to withdraw the first resolution on the agenda for the meeting of the 18th inst., and I have no doubt that this will be done. • If the second resolution is passed, the result will be that the directors must consult the shareholders before making a change so vitally important to the company. Although Mr. J. A. Russell controls by far the largest individual shareholding of the company, he does not control the majority of the shares or anything like it. • Yours faithfully, • R. C. Russell. • It is understood that the notice of withdrawal of the resolution referred to in the penultimate paragraph of the above has been lodged with the company. (S.T.) • We are informed by Messrs. J. A. Russell and Co. that notice of the withdrawal of the resolution referred to in the penultimate paragraph of the above has to-day been lodged with the company. M.M. Oct 7.(518 words) •
The Straits Times, 13 October 1924, Page 8 and • SOCIAL AND PERSONAL. • Untitled Articles] The Singapore Free Press and Mercantile Advertiser (1884-1942), 14 October 1924, Page 6 • Mr. R. C. Russell has recived a cable reporting the death of Lady Dickson, widow of the late Sir. Frederick Dickson, who was Colonial Secretary, S.S., and acted as Goverenor in 1887 and again in 1890. Lady Dickson was the mother of Mr. Eric A. Dickson, District Officer, Kinta and grandmother of Mrs. R. C. Russell. She had a host of friends here, and was staying with her granddaughter in Kuala Lumpur as recently as 1923. –M.M.
The Straits Times, 14 October 1924, Page 10 • Extraordinary Company Promoting. • To the Editor of the Straits Times. • Sir, —On Thursday, the 9th instant, I inspected the documents filed with the Registrar of Companies in Singapore in connection with the Menoehan Coal Mines, Limited, which company was incorporated on September 15, 1924, with a capital of $3,500,000; and I desire to warn the public against subscribing for any of the shares in this company until they have read its Articles of Association, or at any rate, until they have carefully considered the following quotations from these articles together with the other facts that I am about to mention. • From absolutely reliable outside information I am able to say that the promoter, or supreme promoter of this company is Dr. Birnie, a name that will be familiar to those who have followed the two recent big lawsuits arising from the Goenoeng Batoe Besar coal property. • Dr. Birnie is the managing director of (1) The Teweh Co., (2) The Telok Pamoekan Co., and (3) the Mynbouw en Handel Maatschappij Menoehan, while he is an ordinary director in the Eastern Mining and Rubber Co., Ltd. in which he has very great influence mainly by reason of the large number of E.M.R. shares held by T. Pamoekan Co. • (Summary: Letter from Mr. F. C. Peck saying that Dr. Birnie is closely connected to this floatation although not mentioned in the documentation… “Mr. Tan Way An was an original director of the EMR Co and was a participator to the extent of $50,000 in shares which he still holds in the secret profits made on the sale of G.B.B. property to E.M.R. Co, the whole of which profits have recently been claimed successfully (subject to appeal) from Mr. Poey Keng Seng. Nevertheless, on Friday last, at a board meeting of the E.M.R. Co. Mr. Tan Way An was again appointed director of that company being proposed by Dr. Birnie (the promoter of Menoehan) and seconded by Mr. R. C. Russell, who is a substitute on the board of the E.M.R. Co. for Mr. J. A Russell, and supported by Mr. Yeo Ban Keng, one of the directors of the new company, and also a participator to the extent of $20,000 in the above mentioned secret profits…” details of “complicated scheme”.. extracts form Articles of Association…which he says gives directors “ extraordinary powers… would…be in hands of Dr. Birnie” Quote from Dr. Birnie’s “ sworn evidence given at Sourabaya in February 1924 in Mr. Peck’s suit against Mr. J. A. Russell and others; in which Dr. Birnie describes the sale from the T.P. Co., of G.B.B. to E.M.R. Co. on terms he recommended, the shares received, whose names they were put in, lack of information to shareholders.. “ This Dr. Birnie is the managing director of the GBB Co., the whole of the shares of which are held by Malayan Collieries Ltd. It was Dr. Birnie and the above mentioned Mr. Yeo Ban Keng who were responsible for the decision of the E.M.R. Co Board to requisition the meeting of Malayan Collieries for the 18th instant in support of Messrs J. A. Russell and Co. as managing agents of the company. Mr. R. C. Russell “ refrained from voting”, while the other director voted against…. Decision taken on strong recommendation of Mr. Tan Chong Chew manager and secretary of E.M.R Co. .. Mr. Tan Chong Chew participator in secret profits..) • Fredk. C. Peck. Singapore, October 13, 1924.
Malay Mail Monday October 20, 1924, pages 9 and 16, and The Malayan Tin and Rubber Journal. Vol. XIII No. 20 31 October 1924, page 1.269. MALAYAN COLLIERIES. Proposed Change of Management. THE SHAREHOLDERS' VERDICT. The extraordinary general meeting of Malayan Collieries, Ltd., requisitioned by the Eastern Mining and Rubber Co., Ltd., Mrs. H.G. Russell, Messrs. J.A. Russell, R.C. Russell and B. J. P. Joaquim, was held in the company’s boardroom at Kuala Lumpur on Saturday (October 18) morning. Mr. A. A. Henggeler presided, and others present were; Messrs. D. H. Hampshire, H.B. Egmoot Hake, Chew Kam Chuan, and R.C. Russell (directors), F.C. Peck, the Hon’ble Mr. Choo Kia Peng and Mr. Liew Weng Chee (representing Loke Yew estate), Messrs. R. C. Yeldon, J. Hands, B. J. P. Joaquim, E. L. Watson, C. R. Harrison, Tan Choong Chew (representing the Eastern Mining and Rubber Co., Ltd.,), J. Bligh Orr, H. Hopson Walker, H. C. Joass, A. S. Gair Smith, D. Logan, J. L. Sime, by attorney Mr. J. A. Russell, E. Hands, Mrs. P. Harrison, Mr. C. Burn Murdoch, and Mr. H. D. Brown (Secretary). Preliminary Objections. Before the proceedings began Mr. R. C. Russell objected to the attendance of the two trustees of Loke Yew estate who were present at the meeting. Mr. Joaquim (of Messrs. Pooley and Co., solicitors) then rose to speak. The Chairman asked Mr. Joaquim in what capacity he wanted to speak. Mr. Joaquim said that he was speaking as a shareholder. He said that he wanted to point out that Messrs. Liew Weng Chee and Choo Kia Peng were trustees of the estate of Loke Yew, but they had no shares at all in their own names. He was informed that morning that on certain telephonic instructions issued the Secretary of the company made an entry in the register of shareholders of the company to the effect that Messrs. Cheong Yok Choy, Liew Weng Chee, Choo Kia Peng and Alan Loke were the executors of the Loke Yew estate. That note was absolutely incorrect. Not one of these gentlemen was an executor. The only executor of the estate was Mr. Chew Kam Chuan. Mr. Choo Kia Peng : I beg your pardon. Mr. Yok Choy is an executor. There were three executors. Mr. Joaquim said that Mr. Chew Kam Chuan was the only executor who took out probate. Later on Mr. Chew Kam Chuan desired to retire and an application was made for the appointment of Mr. Choo Kia Peng as Mr. Kam Chuan's substitute, and also to approve the appointment of Mr. Alan Loke as an additional trustee. These gentlemen were approved by the court as trustees, and an order was made vesting the movable and immovable property of the estate in them. That order was filed with the company but no request was made to enter their names on the register of shareholders. He thought he was correct in saying that their names were not on the register of shareholders. The people whose names were there were the executors of the Loke Yew estate. Under those circumstances he said that as a matter law Mr. Kia Peng and Mr. Liew Weng Chee were not entitled to attend that meeting because they were not members of the company. He drew attention of the meeting to the company’s articles of association dealing with the point. Those who were entitled to vote, according to this article must be people who entitled to transfer their shares. The only people who were entitled to transfer their shares were the four trustees. That was a proposition of law which he wished to put forward. If they were not entitled to transfer their shares he could not see how these two trustees could attend the meeting. He said, however, that all the four trustees could attend as a body, or they could appoint any one of their number, or give a proxy, to attend on their behalf. He submitted, therefore, that if these two gentlemen had no such proxies conforming to the rules relating to such proxies, they had no right to be present at the meeting. The chairman called upon the company's solicitors to express their views on the point. Mr. F. B. Ivens (of Messrs. Bannon and Bailey, the company’s solicitors) first referred to Mr. Joaquim’s remark that the register of shareholders had been recently altered. He said that on the previous day he ascertained that the shares owned by the Loke Yew estate were mentioned in the register as being vested in the executors of Loke Yew estate. He therefore instructed Mr. Brown to rectify the register in this and in any other similar cases. He did that for the reason that executors and administrators were not as such recognised by the company. They were recognised as joint holders of the shares. Mr. Joaquim had stated that all the four trustees ought to be present and register their votes together. As he (the speaker) saw it the law was this. The company did not recognise in any way trustees or executors and by clause 76 of the articles of association: When there are joint registered holders of any share or stock anyone of such persons may vote at any meeting either personally or by proxy in respect of such share or stock as if he were solely entitled thereto but if more than one such joint holders be present at any meeting personally or by proxy, that one of the said persons so present whose name stands first on the register in respect of such share or stock shall alone be entitled to vote in respect thereof. Several executors or administrators of a deceased member in whose name any share or stock stands shall be deemed joint-holders thereof. These gentlemen were deemed for the purposes of this company purely and simply as joint holders and their representative capacity was not looked upon as such by the company. It was also laid down in the articles that where a number of people held shares jointly the one whose name was first in the register should be entitled to attend and vote. He thought that the gentleman whose name appeared first on the register was entitled to be present as a member of the company. The chairman ruled that the shares of Loke Yew estate were admissible and that the two trustees present were entitled to attend the meeting and vote. The chairman enquired whether there was any objection to the Press being present at the meeting. No objection was raised. Chairman's Remarks. The secretary read the notice calling the meeting. The chairman: Gentlemen, I have very little to say beyond what is contained in the circular letter that has been sent out to you by order of the board which explains the position that has arisen. There is one point, however, I should like to refer to and that is the circular issued by Mr. R. C. Russell Mr. Russell states that he had no knowledge of any meeting at which the circular issued by the board was approved. At a board meeting held on Sept. 30 last it was resolved that a circular be issued expressing the views of the board. Such circular was prepared and the draft was submitted to all the directors, who, with the exception of Mr. R. C. Russell, signed their approval of same. Mr. Russell further says that he has no knowledge and can find no record in support of the statement that the independent directors had decided to dispense with the services of Messrs. J. A. Russell and Co. and that the circular was the first intimation he had of such an intention. Mr. R. C. Russell was not a director on June 10 last when the independent directors met and unanimously came to that decision. It is evident that Mr. J. A. Russell has not communicated to Mr. R. C. Russell what took place at a meeting between him and the independent directors on the same day. At that meeting Mr. J. A. Russell was informed by me in the presence of the other directors of such decision. Mr. R. C. Russell's statement that Messrs. J. A. Russell and Co. tendered their resignation in order to facilitate a settlement of the Peck vs. Russell action and his further statement that any alteration in the management of the company would be a dangerous experiment carry with them their own condemnation. They show that Messrs. J.A. Russell and Co. were prepared to make a dangerous experiment with the company in order to suit their personal interests. Mr. R. C. Russell's statement that it is the intention of the board to appoint a managing director as soon as a suitable one has been procured is quite correct. The board are at present negotiating with a gentleman concerning this appointment who would, I am sure, be quite capable of fulfilling the duties of this office satisfactorily. Those who requisitioned this meeting have lodged with the company notice of withdrawal of resolution (1), and this meeting will, therefore, only be called upon to consider resolution (2). The effect of this resolution, if passed, has been pointed out in the circular. Article No. 61 of the company's articles provides that this meeting should be held within 21 days of the deposit of the requisition and it was, therefore, impossible to give sufficient notice to shareholders not resident in this country to enable them to record their votes. The requisitionists insisted on the strict compliance with this article. Mr. Russell's Resolution. Mr. Russell said that he had only one point to clear up, and that was about his circular. There was a minute of a directors' meeting which stated that Mr. Ivens would prepare and submit a circular for approval. He (the speaker) still maintained that it was never submitted to him for approval. That was all he had to say on that point. With regard to the resolutions he wished to withdraw the first. With regard to the second resolution which he was going to propose he wished to point out that it was not intended to make J.A. Russell and Co., permanent managing agents, a position from which they could never be shifted. It was absolutely essential that a change in the management of the company should be referred to the shareholders. That was essential in a company like this where they had a board with a small holding of shares compared with the large holdings outside it. He then moved the resolution which has already been published in these columns on Saturday. Mr. Tan Chong Chew seconded. Mr. Peck thought that the attention of the members should be drawn to various facts connected with the requisitioning of that meeting. The names of the requisitionists were given in the notice calling the meeting, and of those the Eastern Mining and Rubber Co., owned about 24,000 shares. Without their support the other requisitionists would not have had sufficient votes to call that meeting. He wished, therefore, to refer to the circumstances under which the meeting was requisitioned by the E.M.R. Company and its directors. The chairman; Mr. Peck, will you please confine yourselves to the resolution? Mr. Peck thought that it was relevant to the resolution. He wanted to point out first of all that this requisition was not authorised by the shareholders of the E.M.R, Company. Mr. Tan Chong Chew: I object to what Mr. Peck says about the E.M.R. Co. It is the business of the E.M.R Co. and not of Mr. Peck. Character of the Requisitionists. Mr. Peck said he wanted to show the character of the persons who were responsible for requisitioning this meeting and he thought it was quite relevant to the resolution. The first person was Dr. Birnie, managing director of the Goenoeng Batoe Besar Co., a large number of shares of which were owned by this company. He had with him a certified copy of a letter by six shareholders of the E.M.R. Co., protesting against the action of the directors in requisitioning this meeting. Mr. Tan Chong Chew: If Mr. Peck is allowed to make these remarks I am afraid it will take two hours for me to reply him. The chairman: I think the requisition is in order. I don't think it is necessary to go into the motives of the requisitionists. Mr. Peck said that he would be within his right if he referred to the resolution. Mr. R. C. Russell, who proposed the resolution, was substitute on the board of the E.M.R. Co., for Mr. J. A. Russell. He wished to put before the shareholders the circumstances under which the support of the E.M.R. Co., was obtained by Mr. Russell. He would briefly give the facts to prove which he could bring documentary evidence. First one concession and then another was made to various directors of the E.M.R. Co., and this concession was made to Mr. Russell in requisitioning this meeting. The Chairman: I do not know if this has anything to do with this resolution. We all know that Mr. Russell has requisitioned this meeting, and he would, of course use his influence to secure the support of the E.M R. Co., Ltd. Mr. Peck: ls it not relevant to show how this meeting was requisitioned? I think it is very important in view of the fact that Dr. Birnie is so closely connected with this company. I submit to your ruling but I do not think what I have got to say is irrelevant. The Chairman: I do not think it has really anything to do with the resolution. They have complied with the rules applicable to a requisition. How they got the E.M.R. Co. to support them has nothing to do with it. Mr. Peck: If I can establish the facts I was referring to and show that this meeting was not requisitioned in a fair way it might influence some shareholders present here to vote the other way. The chairman: The meeting has been requisitioned in a legal way. Mr. Peck: It has been requisitioned in a tricky way. (Hear, hear.) Mr. J. A. Russell goes to England and gets proxies of shareholders with whom we have not had the opportunity of communicating. If we had that opportunity there is no doubt that this requisition would to outvoted. Mr. Russell: I might say that I have not received a single proxy from Mr. J. A. Russell since this meeting was requisitioned. The chairman: I am informed by the Secretary that no proxies have been received since the requisition from Mr. Russell. They have, of course, had certain proxies for a long time. Mr. Peck: Which comes to the same thing. But have no proxies been received from Mr. Russell during this visit? The chairman: No. Mr. Peck's Objections. Mr. Peck: The alleged reason for requisitioning this meeting appears to be that Messrs. J. A. Russell and Co., are good agents. That is not my opinion. Mr. R. C. Russell has put it in his circular in these words: “Under the management of Messrs. J. A. Russell and Co., the company has been brought to a state of prosperity, paying dividends amounting to 22 ½ per cent for the last year.” I might equally say that under the management of J. A. Russell and Co., Malayan Matches, Ltd., has been brought to a state of adversity, paying no dividends, and the shareholders are in danger of losing their capital. (Hear, hear.) Mr. Peck next referred to a circular issued by J. A. Russell and Co. on Dec. 23rd, 1920 about the Goenoeng Batoe Besar property. Continuing, Mr. Peck said that the circular was issued four years ago. Mr. J. A. Russell, or J. A. Russell and Co., which was the same thing, had been managing agents during that period, and he (the speaker) thought he was correct in saying that that mine had not paid its way yet. The dividends paid by Malayan Collieries, Ltd., had not increased in any way, as was promised in that circular. For one or two years they had very small dividends. The value of the shares were higher before this property was purchased, in spite of the appreciation of the shares after the recent judgment. He did not think that J. A. Russell and Co., had shown any conspicuous ability as agents. That was shown in the course of the recent Iaw suit. Mr. Brown, in his evidence, stated that when he took over the accounts were in a state of chaos. Mr. Russell himself stated that he did not tell the clerks what letter heads to be used in correspondence, with the result that letters were put into wrong files. He (the speaker) had gone through the company's minute book, not very deeply, of course, but he had come across no conspicuous ability in that department. The company had been successful in spite of these agents. In view of the facts he had mentioned the shareholders would come to the conclusion that J. A. Russell and Co., were by no means indispensable. They could do without them, specially in view of the revelations made in the recent law suit, and he would say, in view of the revelations he could make that day but which he was not allowed to make. It seemed to him that to vote for that resolution would almost to amount to voting for fraud. (Hear, hear.) He would strongly recommend the shareholders not to support the resolution. (Applause.) E.M.R.Co’s Support Mr. Tan Chong Chew said: Gentlemen, I feel I must say a few words in support of this resolution. I represent the Eastern Mining and Rubber Company which, with the exception of Mr. J. A. Russell, is the biggest shareholder in Malayan Collieries and further, the Eastern Mining and Rubber Company is directly concerned with, the continued prosperity of Pamoekan Boy Colliery, as they are entitled to a Royalty on all coal won. You will realise, therefore, the question of management closely affects the Eastern Mining and Rubber Company. I can state that the Eastern Mining and Rubber Company is perfectly satisfied with the present form of management, we are in receipt of regular dividends and what more can one want? I do not for a moment suggest that Messrs. J. A. Russell and Co. are indispensable but we do know that they have put the Collieries on a sound dividend paying basis and any change must be an experiment, an experiment, speaking on behalf of Eastern Mining and Rubber Company, I do not wish to be tried. Mr. Peck has said that this requisition has been secured in a tricky way. I have brought here a copy of the minutes which I wish to read. The Chairman: It has nothing to do with this resolution. Mr. Peck: I have no objection to it being read, so long as the whole of the minute is read. It will, I am sure, astound some of you here. The chairman ruled against the minute being read. Mr. Tan Chong Chew: Mr. Peck has stated that any shareholder who voted for that resolution would be voting for fraud. I do not quite agree with what Mr. Peck has said. Mr. Hopson Walker said that the majority of directors were opposed to this resolution and he supported the majority of directors fully in that matter. In view of the statement made by Mr. Henggeler as to how this meeting was requisitioned, and that it had to be held within 21 days, and, therefore, the directors had no opportunity of communicating fully with shareholders at Home, he had received a letter from a big shareholder in London. He was a gentleman whom he had never met, and this was in reply to the circular which he (the speaker) had sent out to all the shareholders. This letter was as follows: Dear Sir, —In acknowledging your circular letter of Aug. 12 received to-day I have to inform you that I have already sent my proxies to the directors of the Malayan Collieries, Ltd., and I specifically stated, in a covering letter, in my opinion Mr. Peck should be elected to a seat on the board. There can be no question that every possible step must be taken to remove Mr. J. A. Russell from his present position, if, indeed, he does not voluntarily retire. From a careful scrutiny of the trial I am of the opinion that had the action been before the High Court in England, the documents would have been subsequently sent to the Public Prosecutor. I am one of the original syndicate who found the money to prospect and from our personal relationship with Mr. Russell at the time of the, purchase, which he carried through, it appeared to me inconceivable that he could have done anything that was not in the best interests of the company and I, therefore, entirely discredited Mr. Peck's action. I very fully realise now the enormous service that he has rendered and support the steps which certain directors and yourselves now initiate. I have slightly modified my proxy as I should imagine if the judgment of the court is sustained the surrendered shares will be cancelled and consequently whatever Mr. Peck receives should be in the form of a cash payment. I shall be much obliged if you can send me, at your leisure a line telling me whether the directors have dispensed with the services of Russell and Co.," as secretaries, as I notice their name does not appear in any notice which are now sent out. —yours, etc., F. H. Edwards. Continuing, Mr. Walker said that Mr. Peck had made one or two comments as to the fitness of Messrs. J. A. Russell and Co., to be the agents of the company. It was, true that under Messrs. J. A. Russell and Co.'s management the Company had paid good dividends. It was perhaps because the Batu Arang property was so good that it could not but pay dividends. (Hear hear.) Had Mr. Russell and Co., or Mr. Russell, which was the same thing, not taken a secret profit from the Company there would have been a far greater appreciation in the shares and the dividend which the unfortunate minority shareholders got would have been considerably more than 22 ½%. He therefore suggested that a change of management was very wise and he supported the directors in their opposition to the resolution. The appointment of managing agents and all officers of the Company should be entirely in the hands of the directors. The directors could not work in any other way. Therefore he opposed the resolution before the meeting. There being no further comments the Chairman put the resolution to the meeting, four shareholders present voting for and the rest against. A poll of the votes was called for by the requistionists and the chairman declared the resolution lost by 844 votes. Analysis of the voting. Total voting present, by proxy and by person Shares for Shares against Directors - 25,627 Requisitionists 13,872 Open proxies appointing Mr. R. C. Russell 75,690 Mr. E. L. Watson 8,215 Mr. Tan Chong Chew 24,000 Mr. Hopson Walker 870 Present at meeting 730 100 2,914 100 10 3 1,020 14,659 25 35 100 100 350 Totals 125,431 42,989 Total voting present, by proxy and by person 168,420 The 3/4ths majority required by the requisitionists 126,315 Votes in favour of the resolution 125,431 Requistionists therefore lost by 884
The Straits Times, 1 November 1924, Page 11 Malayan Collieries. Mr. F. C. Peck's Legal Expenses And Compensation. (From Our Own Correspondent). Kuala Lumpur, October 30. An extraordinary general meeting of Malayan Collieries, Ltd., was held to-day; for the purpose of considering the following resolutions: A. — That Mr. F.C. Peck be paid all costs and expenses properly incurred to date in connection with F.M.S. Civil Suit No. 613 of 1922 between F. C. Peck, plaintiff and J. A. Russell and others, defendants, and further, that he be indemnified by the company against all past and future costs and expenses properly incurred in connection with such litigation, and B.- That in the event of the company substantially maintaining the judgment in F.M.S. Civil Suit No. 613 of 1922 between F. C. Peck, plaintiff, and J. A. Russell and others, defendants, Mr. Peck be paid a sum of money by way of remuneration for his time and services on behalf of the company and that the amount be decided at this meeting. Cost of the Litigation. Mr. A. A. Henggeler presided over a large attendance of shareholders, and said: 0. Gentleman, Resolution A, which is before the meeting, is that Mr. Peck be paid all past costs in his suit against Mr. Russell, and Messrs. Russell and Co. to date and that he be indemnified by the company against all future costs. In other words, the company places itself in the position of having started the action on its on behalf instead of it having been started by Mr. Peck. Mr. Peck has demonstrated that the company has good cause for action against the defendants exceeding two million dollars in value, and this being the case I feel that it is the duty of the company to indemnify Mr. Peck against any future liability in addition to paying him any disbursements he has properly made on behalf of the company. 0. With regard to past costs an order of court has been made directing the company to pay Mr. Peck up to the date of the judgment, but an appeal has been preferred against that judgment. If the judgment is upheld on appeal no doubt the Court of Appeal will see that Mr. Peck is properly safeguarded against any personal loss, but if the judgment is set aside Mr. Peck will be left heavily out of pocket after fighting the company’s battle for it. I do think a small, or, indeed, any shareholder should be left in this position and it will be for you to decide when the resolution has been formerly proposed and seconded. 0. The Hon. Mr. D. H. Hampshire formally proposed the first resolution and Mr. Egmont Hake seconded. 0. On discussion being invited, Mr. Hopson Walker, supporting the resolution, said it was a pity that such a few shareholders should have come there personally to assist one of their shareholders who had borne the brunt of this case, but he thought it was the opinion of the majority of the shareholders that they should relieve Mr. Peck of the heavy liabilities that he had incurred. It was no good, however, merely to say this, and this meeting had been called to make good the defaults of the past. A very few shareholders believed, or at any rate a great many of them undoubtedly did not believe that Mr. Peck had discovered anything at the start, and Mr. Peck accepted the responsibility of starting the case. It was, however, perfectly true that some of the shareholders supported him financially and otherwise. Mr. Peck had borne very great financial liabilities and in addition had spent very many hours, weeks and months over this case because he could not afford to employ a whole battery of lawyers. Mr. Peck had, moreover, made disclosures which showed that the company should fight this out with its own money and not with Mr. Peck’s money. 0. There being no further comments the resolution was put to the meeting and carried, none voting against it. 0. Question of Remuneration. 0. Before the second resolution was taken up Mr. Peck left the meeting. 0. The Chairman said: I have very little to say as to Resolution B. You all know the position of Mr. Peck with regard to this litigation. He is a very small shareholder who, having come into possession of certain information, has instituted an action on behalf of the company and succeeded, in spite of many obstacles and difficulties, in obtaining a judgment for the company of a very large sum of money. In the event of the company substantially maintaining this judgment, I am of the opinion that Mr. Peck should be remunerated for his very valuable services. 0. The resolution was then proposed by Mr. D. H. Hampshire and seconded by Mr. Hopson Walker. 0. Mr. Hopson Walker said that he would not say anything on this resolution, but for the fact that shareholders knew that Mr. Peck should most certainly receive a gratuity for his services. He thought it had been made perfectly clear that Mr. Peck was undoubtedly entitled to be paid. In fact, the gratitude of all shareholders was due to Mr. Peck for disclosing what he found out and what the ordinary shareholder did not even suspect. Very few shareholders would realise the amount of trouble Mr. Peck had gone into and the number of sleepless nights he had spent in connection with this litigation. This was a battle fought out by money, and it was just a question of whether he would have lasted the distance. He thought, under the circumstances, that Mr. Peck should be handsomely remunerated. 0. Mr. R. C. Russell: In the absence of any fixed sum I shall have to vote against the resolution. 0. Mr. Harrison: Have the directors any idea of what they have proposed to pay Mr. Peck, because there is no reason why it should not be embodied in this resolution- a commission or something? I believe Mr. Walker suggested 5 per cent. 0. Mr. Walker: I propose an amendment. I propose that the amount be fixed at 5 per cent. I have received authority from 29,000 shareholdings to propose that. Personally, I consider that if we give 50 per cent. we should be doing no more than we should. But that, of course, is not the idea of the shareholders. Anyhow, in deference to the shareholders I am not going to propose 50 per cent or even 10 per cent, but 5 per cent in order to get something definite before the meeting. 0. Mr. Yelden seconded. 0. The Chairman: Before voting on this amendment I must say that the directors discussed the sum which they thought should be paid to Mr. Peck and they are of the opinion that $50,000 should be a fair sum. Mr. Egmont Hake has suggested $75,000. 0. A shareholder: I should like to support Mr. Hake; $75,000 would be reasonable. 0. Mr. Yeldon: Before putting this to the meeting cannot some idea be given as to what 5 per cent would be? I believe it is something near $100,000 is it not? 0. Mr. Hopson Walker: I think my proposal of 5 per cent was based on the net benefit which the company received. I take it that at the moment 5 per cent would be about $125,500 taking the figure at about $2 ½ millions. And by net benefit I have always had in mind the amount exclusive of costs. However, the proposal was on the net benefit and not on the face value of the judgment. 0. The Chairman: Taking the share value at about 21 ½ per cent, 5 per cent would be about $105,000. 0. Mr. Hopson Walker: I am quite prepared to alter my proposal. When I circularised the shareholders I did not have these figures at all. I will alter my proposal and call it $100,000 in round figures. That will not, at any rate, let the company in for more than 5 per cent. 0. A shareholder: In the event of the company not being successful in the appeal will Mr. Peck get nothing? 0. The Chairman: That is for the shareholders to decide; but this does not provide for anything if the appeal is lost and it is up to shareholders to call another meeting if the appeal is lost. 0. Mr. Hopson Walker’s amendment was then put to the meeting and carried on a show of hands. 0. Polls Demanded. 0. The Chairman: The next amendment is Mr. Hake’s amendment for $75,000 which is seconded by Mr. Harrison. 0. On a show of hands this amendment on being put to the meeting was carried. 0. Mr. R. C. Russell: I have to demand a poll. 0. The Chairman then announced:- In favour of the amendment 48,855 votes. Against the amendment 75,735 votes. The amendment is therefore lost. There is a further amendment this being the sum of $50,000. 0. On a show of hands the amendment was carried, two voting against. 0. Mr. Russell, however, called for a poll. 0. This being done the chairman announced that the amendment had been lost. 0. Mr. Russell: I consider that the whole thing is premature until the appeal is heard so why discuss the matter at all. If the appeal is successful remunerate Mr. Peck by all means. 0. Mr. Hake: If the company won in the appeal you would, I take it, be in favour of giving more than $50,000. 0. Mr. Russell: He certainly will deserve even more than that. 0. Mr. Hake pointed out that the resolution made provision for this and the money could be given “ in the event of the company substantially maintaining the judgment” and they might as well get the business over with while they were all gathered there. 0. Mr. Russell, however maintained his attitude that it was premature. 0. The chairman thought it was a waste of time going on with the resolution. 0. Mr. Yeldon: I don’t know if I am right, but I think this meeting can decide to leave the amount of Mr. Peck’s remuneration to the directors. 0. The chairman: The directors had suggested, apart from Mr. Hake’s suggestion, that the sum should be $50,000; and that has been defeated. Mr. Russell proposed that the meeting adjourn until after the appeal was disposed of. 0. Mr. Hake: And at that date we will all come here and you will oppose these resolutions. 0. Mr. Russell: Not necessarily. 0. Objections to Postponement. 0. Mr. Hopson Walker said there was one objection to the postponement of the meeting. Since this action had been heard there had been a great deal of transferring of shares and transferring was still going on. The old shareholders have taken their profits and not sent anything to Mr. Peck while the new ones coming in would say they bought after the whole thing was over. Shareholders now in the company were very largely shareholders who had benefited and therefore a postponement was not very advisable. 0. Mr. Yeldon: The directors, I believe at the early stages, did not decide on anything at all. My proposal will be that they decide the amount. 0. The chairman: The resolution is that the amount be fixed by the meeting. The resolution now is that this meeting should be postponed until after one month after the hearing of the appeal. 0. Mr. Hopson Walker: What about the Privy Council? Is this to be until after the appeal or until after the final judgment? 0. Mr. Ivens: They are allowed three weeks in which to appeal; that is why we have fixed the time at one month. 0. It was eventually proposed that the meeting be postponed sine die. 0. Mr. Hake: I should think that perhaps Mr. Russell objects to $50,000 as being too much. Will he tell us what is reasonable? 0. Mr. Russell: I don’t want to discuss anything until after the appeal. 0. The resolution was put to the meeting and on a show of hands was defeated. 0. Mr. Russell demanded a poll. 0. The Chairman: Mr. Russell demands a poll; (smiling) we know the result now. 0. Mr. Hopson Walker: It is a matter of calculation now. (Laughter). 0. The meeting was then adjoined sine die.
1925
The Straits Times, 11 February 1925, Page 8 Amongst Kuala Lumpur residents proceeding on leave in the near future are: - Mr. R. C. Russell of Messrs. J. A. Russell and Co.
The Straits Times, 12 February 1925, Page 9 . Malayan Collieries. 0. Proposals for Compromise Submitted. 0. The following circular, accompanied by a copy of suggested agreement, and a form of proxy, has been issued by the Directors to the Shareholders of Malayan Collieries, Limited, and will be discussed at a meeting to be held in Kuala Lumpur on February 20:- 0. Dear Sir or Madam, 0. The last communication made to you by the Company was upon 14th January last, when it was reported to you that Messrs. Henggeler, Hampshire, Egmont Hake and Chew Kam Chuan had tendered their resignations as directors. 0. Since the date of that communication the Board has been reconstituted and your Directors are at present Mr. H.N. Ferrers (Chairman), Mr. F. Cunningham, Mr. J. Barr and Mr. J. A. Russell. Each of these gentlemen owns several thousand shares and in consequence has a very large financial interest in the Company. 0. Mr. Ferrers was appointed a Director by Mr. J. A. Russell after the resignations of the previous directors had become effective and Mr. Ferrers and Mr. J. A. Russell together appointed Mr. R. C. Russell. The appointments of Messrs. Cunningham and Barr were made by these three first named gentlemen. Mr. R. C. Russell then resigned. 0. The various appointments have been made in accordance with the Articles of Association. 0. Since our appointments we have devoted a great deal of time and attention to the consideration of the Peck-Russell litigation. 0. The result of the trail of that suit has already been reported to you. Since the trial Mr. J. A. Russell and his firm have complied with the decree passed against them by: - 0. (1) Surrendering to the company.. Shares 61,162 0. (2) Paying $21.50 per share in respect of 15,505 shares amounting to..$333,357.50 0. (3) Repaying dividends on 76,667 shares amounting to 331,835,00 0. (4) And paying interest on such dividends amounting to 38,591.76 0. Total of shares 61,162 and $703,784,26 0. Mr. J. A. Russell and his firm lodged an Appeal against the judgment of Mr. Justice Whitley. 0. The 61,162 shares and the sum of cash above mentioned namely $703,784,26 were placed in suspense until after the result of the Appeal to the Court of Appeal here and, in the event of a further appeal to the Privy Council, until after that Appeal. The cash has by reason of further dividends and the daily accretion of Bank interest increased to a sum upwards of $840,000,00. 0. It is possible that if the Appeal lodged by Mr. Russell and his firm is heard, Mr. Peck may lodge a cross-appeal asking for a variation of the judgment of Mr. Justice Whitley by claiming an additional $5.00 or $5.50 per share in respect of the 15,505 shares on the ground that the price at which they should be accounted for by Mr. Russell and his firm should be $26.50 or $27.00 and not $21.50 as directed by Mr. Justice Whitley. 0. As it is considered that it is in the best interests of the Company that the withdrawal, upon terms, of the Appeal by Mr. Russell and his firm should be procured, we have after negotiations, effected on behalf of the Company, an agreement the terms whereof you will see set out in the copy conditional agreement which accompanies this letter which arrangement is considered most advantageous to the Company and, for the confirmation of which we, as large shareholders, propose to vote. 0. Legal opinion has been obtained and the Company has been advised that the Board has the power to enter into the said agreement and moreover that the same is in the best interests of the shareholders of the company. 0. The present position is that the Company has obtained 0. (a) 61,162 shares 0. (b) Payment of $703,784.26 as already stated increased to $840,000.00 0. If the Appeal were heard and Mr. Peck lodged a cross Appeal, the Company, assuming Mr. Peck’s success, might obtain the benefit of a judgment of a further $85,277.50 being $5.50 per share on 15,505 shares. 0. On the other hand should Mr. Russell be successful in his Appeal the Company stands to lose the whole of its present advantage or the same might be substantially reduced. 0. The net result of this arrangement is that the Company in return for the issue of 8,667 shares retains the whole benefit of the judgment of Mr. Justice Whitley and receives in addition from Mr. Russell a further sum of cash of approximately $23,507.90. 0. If the case were taken to the Court of Appeal and thereafter to the Privy Council extremely heavy costs and expenses would be incurred by the Company which would be irrecoverable by it no matter what might be the result of the Appeal. In order that you may appreciate the magnitude of these Costs and expenses it may be stated that the Bills of Costs to date of Mr. Peck’s Solicitors and for Mr. Peck’s expenses, as claimed against the Company and which cannot be recovered by the Company, amount to over $45,000 and in addition thereto those of the Company’s Solicitors amount to over $10,000 which are also irrecoverable by the Company. These sums are over and above the party and party costs already paid by Mr. Russell and his firm to Mr. Peck and the Company. 0. The effect of the arrangement is that the Company is giving up (taking the values of the shares as Mr. Justice Whitely did at $21.50 per share) 8 per cent of the fruits of the decree or (even if the value is taken as $30 per share) still only 9 1/3rd per cent of those fruits. The Company gives up this percentage in order to make sure of the remaining 92 per cent or 90.2/3rd per cent. and to avoid the payment of further costs and expenses of a large amount which amount would be irrecoverable in any event. 0. There will be available for the immediate benefit of existing shareholders 52,495 shares and after the payment of costs approximately $800.000. 0. Should the proposed existing agreement be confirmed by shareholders, the 52,495 shares now held in suspense could either be forthwith distributed free to shareholders as bonus shares, or definitely revert to and became part of the Company’s unissued capital. In the latter event the rate of dividend payable on the shares held by members of the Company would be correspondingly increased, i.e. the annual rate of dividend would be increased by over 5 per cent so the ultimate result to them would be the same. 0. Out of the sum of $800,000 which by the arrangement would immediately become released, it may be legally necessary to place somewhat under $200,000 to Capital Account, but the balance of $600,000 odd could be at once distributed in the form of a cash bonus to shareholders amounting to about $2.30 per share, while the sum placed to Capital Account would have the effect of increasing the cash available for future dividends. 0. It is anticipated that provided this arrangement is carried into effect the final dividend for the year 1924 payable next April will be 17 ½ cent (making 30 per cent for the year) which final dividend will be over and above the distribution of $2.30 per share. 0. It should not be overlooked that by the proposed arrangement the benefit of the Judgment will be made immediately available to existing shareholders and will not be held in suspense, until after the hearing of a possible appeal by either party to the Privy Council. Assuming the judgment of Mr. Justice Whitley were upheld by the Privy Council, nevertheless during the protracted interval many of the existing shareholders having perhaps sold their shares would fail to reap the benefit of the judgment. 0. You will observe from a perusal of the enclosed notice of the meeting and the copy agreement that the contemplated arrangements will not become binding unless the shareholders of the Company by resolution express themselves to be in favour of the proposed terms being carried into effect and further that Mr. J. A. Russell and Messrs. J. A. Russell and Company do not propose to vote in respect of their shares upon the Resolution. In case you are not able to be present at the meeting a form of Proxy is enclosed so that your vote can be recorded. Longer notice of the meeting cannot be given as the date for the hearing of the appeal has been set for the 2nd of March. 0. You will observe the clause in the agreement as to the indemnity to be given to Mr. Russell against the possible result of a cross Appeal which might be brought by Mr. Peck or other variation to Mr. Russell’s disadvantage which might be obtained by the Court of Appeal. The clause relates mainly to the possibility of a claim by Mr. Peck for $5.50 per share in respect of 15, 506 shares i.e. for $85,277.50. 0. The result desired by the proposed arrangement is that this costly litigation should be brought to an end upon the favourable terms to the Company which have been secured. To obtain Mr. Russell’s withdrawal of the whole of his Appeal it has been necessary to indemnify him against the consequence of any cross appeal brought by Mr. Peck and to ensure to Mr. Russell that upon his withdrawing the whole of his appeal he will obtain the agreed consideration for the withdrawal. 0. The costs against the payment of which Mr. Russell is to be indemnified are the party and party costs which he will be liable to pay upon the withdrawal of the appeal and the costs which may be incurred by him in connection with the cross appeal if that is pursued. The amount of these costs cannot be heavy and at most a should amount to some $3,000 to $4.000. Yours faithfully, MALAYAN COLLIERIES, LTD. 0. H. N. Ferrers, James Barr, F. Cunningham, Directors.
The Singapore Free Press and Mercantile Advertiser (1884-1942), 4 April 1925, Page 16 • SELANGOR CLUB. The annual general meeting of the Selangor Club was held on Saturday in the card- room, when the hon’ble Mr. O. F. Stonor, President, took the chair. Messrs. R. C. Russell. (Vice president), J.R. George, Russell F. Grey, F. W. Palmer V.C., W.S. Reeve-Tucker (committee) and about 25 members were present. The accounts were presented and passed without comment. • Mr. F. B. Ivens was elected Vice President and Messrs. H. G. R. Leonard, F.W. Palmer, V.C., W.S. Reeve-Tucker and G.E. Teale and the Rev. R.D. Whitehorn were elected to the general committee. The President announced that Messrs. J. R. George and Russell Grey would again be nominated by the Government. _M.M.
1926
The Singapore Free Press, 8 March 1926, Page 12 • Passengers arrived. Per s.s. Kinta Mr. and Mrs. R. C. Russell.
The Straits Times, 20 March 1926, Page 8 SOCIAL AND PERSONAL. The following had the honour of dining with His Excellency the High Commissioner and Lady Guillemard at Government House, Kuala Lumpur on Thursday evening”…. Mr. and Mrs. R. C. Russell…
The Straits Times, 26 April 1926, Page 15 UTAN SIMPAN RUBBER. Position of the Company's Finances. . The following report is officially supplied: - The sixteenth annual general meeting of Utan Simpan Rubber Company, Ltd., was held at the registered office of the company, 1 Embankment, Kuala Lumpur, 1 on April 22, with Mr. D. H. Hampshire in the chair. Notice convening the meeting having been read by a representative of the secretaries Boustead and Co., Ltd., the chairman addressed the meeting as follows:- (Summary: report and accounts...capital now issued in full...balance used to open up further area of approx 188 acres… estimated costs clearing land..investments..reserves.. satisfactory profit of $153,546.09…interim dividends 40% paid… 55 % for year… costs of production higher due to increases in salaries expenditure on recruiting Tamil labour and medical expenses expenditure on wash prevention which was restricted during recent bad times.. effort to introduce Tamil labour force.. 180 Tamils compared with 89 at end of 1924. Mr. Kelso resigned from board…. no questions Mr. R. C. Russell seconded report and accounts adoption…” Retiring directors Messrs. D. H. Hampshire and J. A. Russell were re elected and Mr. D. S. Gardner .. to fill vacancy caused by resignation of Mr. Utterson Kelso.. Neill and Bell re appointed auditors..Vote of thanks to staff and chair..)
The Straits Times, 28 October 1926, Page 10 . Malayan Matches. Cessation of Production Reported. (From Our Own Correspondent). 0. Kuala Lumpur, October 27. The annual meeting of Malayan Matches, Ltd., was held at 11 a.m. today in the offices of the Secretaries, Messrs. J. A. Russell and Co., Kuala Lumpur. 0. The Chairman, Mr. R. C. Russell, presided and in moving the adoption of the report and accounts, said:- 0. Gentlemen, the report and accounts have been in your hands for the prescribed period, and with your permission I will take then as read. It is greatly to be regretted a further loss falls to be recorded, the amount being $49,986.26 for eleven months working. 0. Of this amount $13,766.88 is an actual loss incurred in the manufacture and sale of the company’s product, the balance of $36,219.38 being accounted for by depreciation, debenture interest and loss on jelutong workings of $28,913.09, $6.187.50 and $1.118.79 respectively. 0. Match Production. 0. The production of matches during the eleven months, 103, 268 and 8/12 gross, shows a considerable decrease as compared with that during the preceding financial year. The financial position of the company has not permitted of any additions to the existing plant, and for the same reason it has been impossible to carry out the extensive repairs and replacement of parts which were necessary to enable the machinery to produce at its maximum capacity. 0. Further, the rubber boom which occurred during the period under review resulted in a migration of the skilled labour force as a result of the company’s inability to meet the demands for increased wages. 0. Finance. 0. In a circular letter, dated March 5, 1926, the shareholders were informed of the action taken by the debenture holders, who appointed a Receiver, after their demand for repayment of principal monies secured had remained unsatisfied. 0. The Receiver, under powers contained in the debenture deed and in the document making the appointment, carried on the business for seven months, during which time several attempts were made to dispose of same as a going concern, but without success. 0. I regret to report that in September the Receiver informed your directors that, under existing circumstances, the manufacture of the company’s product could not be carried on except at a further loss, and that the supply of raw materials being exhausted, it was his intention to close down the factory and cease manufacture on September 30, 1926. 0. The factory is now closed down and the Receiver has further informed the Board that he has sold the whole of the match making machinery. 0. It is greatly regretted that that it is most improbable that the claims of the debenture holders will be fully satisfied form the company’s assets; if this should be the case, there will be no surplus available with which to satisfy the company’s creditors, or with which to make any return to the shareholders. 0. I think that the Chairman at the last meeting made it quite clear that the scheme for reorganisation having failed to receive the support of the shareholders, the position which has arisen would ultimately be an accomplished fact. 0. As in the past, your managing agents have personally guaranteed payment of all bills of exchange drawn upon the company for supplies of chemicals, etc., and as will be seen from the accounts, have actually advanced free of interest the sum of $46,548.59 and are liable on bills of exchange to the extent of $3,444.50 0. Accounts. 0. The capital accounts have been increased by small additions amounting to $1.083.66 and have been reduced by depreciations amounting to $28,913.09. The decrease in sundry debtors and creditors is accounted for by the decrease in production with the corresponding decrease in sales and local purchase of supplies. 0. There has been a slight alteration in the amounts due to the three principal creditors. 0. Mr. E. Mudispacher continued in charge of the factory, and the directors wish to express their appreciation of his services during the very trying period that has been experienced. 0. Before formally moving the adoption of the report and accounts, I will endeavor to the best of my ability to answer any questions form shareholders. 0. The Chairman formally moved the adoption of the report and accounts. Mr. J. Davidson seconded and the motion was carried. 0. Messrs. Evatt and Co., were reappointed auditors.
The Singapore Free Press and Mercantile Advertiser (1884-1942), 22 July 1926, Page 16, Mr. and Mrs. R. C. Russell, Mr. and Mrs. Weston and Mrs. A. J. Daly have returned to Kuala Lumpur from holiday in Brastagi. The Fort de Kock earthquake was not felt on the plateau, nor was anything known of it until some days after the news had reached Singapore. - M.M.
1927
The Singapore Free Press and Mercantile Advertiser (1884-1942), 31 March 1927, Page 2 The following were elected at the meeting of the Selangor Club as office- bearers for the coming year. Mr. M.A.V. Allen was elected Vice-President. Messrs. E. H. Everest, E.G.R. Leonard, R. C. Russell and G. F. Teale and the Rev. D. Whitehorn were elected to the committee. Mr. T. P. Nailer and the Hon’ble Mr. H. B. Egmont Hake were nominated to the committee by the Government of Selangor.
The Straits Times, 16 April 1927, Page 10 Utan Simpan Rubber. Sixty Per Cent. Dividend For The Year. We have the following report for publication: - The seventeenth annual general meeting of Utan Simpan Rubber Company, Ltd., was held at the registered office, 1, Embankment, Kuala Lumpur, on April 1, with Mr. R. C. Russell in the chair. The Chairman addressed the meeting as follows: - Gentlemen, - As indicated by the chairman at the last annual general meeting, it is the board’s intention to gradually increase investments up to $50,000 and with that in view $2,400 of 5 per cent British War Loan was purchased during the last financial year, and a proposal is before you today to transfer $20,807.70 from profit and loss account to cover this investment. The investments now stand with accrued interest at $41,128.32, and during the present year a further $10,000 will be invested so as to bring investments up to the $50,000 mentioned before. Average Gross Price. The average gross price realised for your rubber was 76.30 cents per lb. for 1926 or 9.88 cents less than that realised in 1925; all-in costs however are slightly lower in 1926 and, with an increased output, we were able to earn $173,289.51 or $19,743.42 more than 1925. Interim dividends amounting to 30 per cent have been paid, and your Directors now recommend the payment of a final dividend of 30 per cent making 60 per cent for the year. Efforts are still being made to build up the Tamil labour force, and you will note that at the close of the year we had 258 Tamils as compared with 180 at the end of 1925 and 89 at the end of 1924. The directors’ report and accounts were adopted and passed. A final dividend of 30 per cent for the year was declared making 60 per cent for the year. Mr. R. C. Russell’s appointment as a director was confirmed and Messrs. Sime and Gardner were re-elected directors. Messrs Neill and Bell were re- appointed auditors.
The Straits Times, 5 May 1927, Page 13 • New Serendah Rubber. • Forty Per Cent. Dividend For Past Year. • We are officially informed that the seventeenth annual general meeting or New Serendah Rubber Co., Ltd., was held at Kuala Lumpur on April 22, with Mr. E. G. Leyne in the chair. The Chairman in the course of his address said: - (Summary: profit $213,241.56, two interim dividends of 10 %. final of 20% making 405 for year. Steady decline in price, costs higher. due to costs of labour and materials.. estate continues to be managed by Mr. M.D. Fallon. Safeguards against flooding, entrance road deviated to avoid flooding.. experimental tapping in bud grafted area.. application for additional planted area of 400 acres.. new drying shed and line of 20 rooms erected during year another two lines of 20 rooms are being built.. health good.. labour adequate.. production restricted for 5th restriction year 519,306lbs, estimates for current year 410,639lbs.. in answer to question from Mr. M. D. Fallon the chairman said no forward sale on 1928 output. Report accounts adopted. Appointments of Messrs E. G. Leyne and R. C .Russell as directors confirmed. Messrs. A.K.E. Hampshire and H.N. Ferrers re elected as directors. Neill and Bell re appointed auditors.) • (526 words)
Malayan Saturday Post, 7 May 1927, Page 24 • FAREWELL TO THEIR EXCELLENCIES. • Rousing Send-off at K.L. Station. • Their Excellencies Sir Laurence and lady Guillemard were given an enthusiastic send off from the Federated Malay States on April 25. The Kuala Lumpur railway station was well decorated with flags and greenery, and a large and distinguished gathering assembled to bid farewell to the retiring high Commissioner. A guard of honour composed of 50 men, very smart in its turn out and ceremonial drill, from the MSVR was in attendance under Capt. R W Blair. Their Excellencies arrived about twenty minutes to eight, and having inspected the guard went round personally wishing all present goodbye. The special train left at eight o clock amidst loud and prolonged cheers. Amongst those present (Summary: list: chief secretary Mr. W. Peel, Sultans of Perak, Selangor, Pahang, Raja of Perak, British Residents of Perak, Selangor, Negri Sembilan Pahang, Honables, Sirs….Mr. and Mrs. R. C. Russell…. etc etc.)
The Straits Times, 3 August 1927, Page 9 • The fancy dress ball organised by the Kuala Lumpur branch of the Ex- Services Association of Malaya, at the Kuala Lumpur Town Hall on Saturday night, was a great success. The musical programme was provided by the dance orchestra of the Duke of Wellington’s Regiment, and five cabaret items were executed by the pupils of Miss. Wright, who went up from Singapore for the occasion. Although fully 600 people were present fancy costumes were fewer than usual, particularly among the men. Prizes were won by Mrs. R. C. Russell for a white Hiawatha costume and Mrs. Whitfield for ‘Frivolity,’ a cabaret dress in green. The men’s prizes were won by Mr. T. Rowley for his get up as a Frothblower and Mr. C. T. Sweet as a Turk. (126 words
The Singapore Free Press and Mercantile Advertiser (1884-1942), 1 September 1927, Page 12 • Passengers left. • Mrs. R. C. Russell.
The Straits Times, 4 October 1927, Page 12 • Amalgamated Malay. • Annual General Meeting At Kuala Lumpur. • We are officially informed by the secretaries, Boustead and Co., that the eleventh annual general meeting of Amalgamated Malay Estates, Ltd., was held at the registered office of the company, 1, Embankment, Kuala Lumpur, on September 30, with Mr. R. C. Russell in the chair. • The chairman addressed the meeting as follows: - Gentlemen, the directors’ report and statement of accounts for the year ended June 30, 1927, having been in your hands for the proscribed period, I will with your permission take the as read. • Allocation of the Profits. • The net profit on the year’s working amounted to $181,225.88 as compared with a profit of $339.654.10 during the proceeding year. Your directors recommend a final dividend of 7 ½ per cent, making a total distribution of 17 ½ per cent for the year. A further $55,000 is to be transferred to reserve for development which brings this account into line with the amount expended and makes provision for the amount anticipated to be spent during the present financial year. • Following the policy of the company to build up readily realisable securities against the rainy day predicted by the chairman at last year’s meeting, your directors have invested in a further £1,200 of 5 per cent British War Loan making a total investment of £3,500 of this stock. • Serdang Estate. • We have during the year under review, spent the following sums on Serdung Estate: - Lines $5,940.60, factory extensions $11,206.11 and wells and water supply $8,525.97, thereby fully equipping the estate for all requirements. • Messrs. Athorne and Evans, managers at Jinjang and Serdang properties, respectively, have rendered good and efficient service, and our thanks are due to them. • The report and accounts for the year ending June 30, 1927 were adopted, a final dividend of 7 ½ per cent was declared making 17 ½ per cent for the year. The retiring directors Messrs. D. H. Hampshire and Choo Kia Peng were re-elected as were the retiring auditors, Messrs Neill and Bell. • With votes of thanks to the staff and the chair, the meeting terminated.)
The Straits Times, 12 October 1927, Page 2 • Selangor Coconuts. Disappointing Year But Brighter Prospects. We are informed officially that the sixteenth annual general meeting of Selangor Coconuts, Ltd., was held at 1, Embankment, Kuala Lumpur, on October 4, the chairman of directors, Mr. H. L. Carter, presiding. The Chairman said: - The profit for the year after allowing for depreciation was $9,257.23 which, together with the amount brought forward, makes 419,765.23 available for distribution. Your directors recommend that this amount be carried forward. • The Year’s Working. (Summary: disappointing results due to climatic conditions which did not allow crop to set, Tumbak Estate, accounts, new buildings, costs, damage by bears, average price, costs of production, prospects for year, Mr. Stanton, future harvest, not in as good order, Mr. Douglas of Damansara Estate new visiting agent. “ During the year, the board was unfortunate in losing the services of Messrs. J. A. Russell and T. J. Cumming. Mr. Russell found that his business affairs kept him so much out of the country that he could not attend meetings and Mr. Cumming has retired to England. Messrs. R. C. Russell and W. A. Stanton were co-opted in their places, and their names will be put forward for election later on. Mr. Russell who has acted as alternate for his brother on many occasions, and Mr. W. A. Stanton, with his practical knowledge of coconuts, wiil be of great help to the board. The report and accounts were adopted, Messrs. R. C. Russell and W. A. Stanton were re-elected directors and Messrs. Neill and Bell were appointed auditors.” Votes of thanks. Meeting terminated. (644 words)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 18 November 1927, Page 2 • The following recent elections to fellowship of the Royal Colonial Institute are announced: -…. R. C. Russell (Kuala Lumpur)…
The Straits Times, 21 November 1927, Page 9 • GOVERNMENT HOUSE. Engagements During Past Week. The following items from Government House have been officially supplied: - ….Nov 18. - The Hon. Mr. C. W. H. Cochrane, Ag. British Resident, Perak, and Mrs. Cochrane and Mr. R. C. Russell dined at Government House….
1928
The Straits Times, 10 January 1928, Page 10 • F.M.S. CIVIL CASES. Lengthy List at Kuala Lumpur. Our Kuala Lumpur correspondent writes on Monday: - The Kuala Lumpur Supreme Court resumed its sittings this morning after the Christmas and New Year vacation. The chief business before the Court this morning was the drawing up of this month’s calendar. The list is a lengthy one: -…. Khoo Khye Cheah ( a person of unsound mind is found by inquisition by Khoo Boo Tee his next friend) v. R. C. Russell, Loo Kuk Ji and Tanah Biji, Ltd., for a declaration that the order of Nov. 26 does not bind the plaintiff or effect the land comprised in mining lease No. 3526- To be mentioned Monday next…
The Singapore Free Press and Mercantile Advertiser (1884-1942), 15 February 1928, Page 11 • Mr. R. C. Russell is leaving for home in a week or two. – Ex.
The Straits Times, 4 May 1928, Page 10 • UTAN SIMPAN RUBBER. • Expenditure on Water Supply. • We are informed that the adjourned eighteenth annual general meeting of Utan Simpan Rubber Co., Ltd., was held at Kuala Lumpur, on April 30, the chairman, Mr. D. H. Hampshire, presiding. The Chairman, in the course of his remarks, said: - (Summary: profit for year $50,340.26, cost over 9 cents more than 1926, price 16 cents less. Costs higher due to outbreak of malaria amongst staff which cost estate nearly $10,000 in medical expenses and anti malarial works, oiling of all ravines contaminated water supply now installing water supply worked by gravity from hill in next forest reserve cost $12,000. No dividend. Investments same as 1926. Tapping done for years by Chinese recently unsatisfactory Tamil force introduced tremendous improvement, excellent depth with little wounding. Mr. W. A. Stanton appointed Visiting Agent last year, report says pleased with work done, future policy bring Didbury division into tapping, using Chinese labour as Tamil tappers not available. At present 310 acres on Utan Simpan division, plan to gradually increase area. Report and accounts adopted. Retiring directors Messrs. D.H. Hampshire and R. C. Russell reelected, Neill and Bell reappointed auditors)(480 words)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 11 August 1928, Page 10 • Mr. R. C. Russell is due to leave for Malaya next week says the Malay Mail’s London correspondent.
1929
The Straits Times, 6 May 1929, Page 9 • UTAN SIMPAN RUBBER CO. • From Death Trap to Health Resort. • The adjourned nineteenth annual general meeting of Utan Simpan Rubber Co. was held at 1, Embankment, Kuala Lumpur, on April 30, with Mr. R. C. Russell in the chair. • The Chairman, in the course of his address said: - The net profit for the year amounted to $13,511 as against $50,340 for 1927 and although our all-in-costs were less than those in 1927 by 11.23 cents, our average sale price was 32.78 cents less and, in addition $12,349.03 was spent on the water scheme referred to by last year’s chairman, and again we spent $4,215 and $3,817 on silt pitting and anti malarial works. The sums enumerated have been money well spent, the silt pitting has materially improved the property and the water supply and anti malarial works have made our Tamil workforce contented and healthy. For some time Utan Simpan had an extremely bad name from a health point of view, in fact I believe it was once called a death trap, but now I can honestly say it more closely resembles a health resort. • With regard to the question for forward contracts, your board’s policy has always been to contract for the sale of sufficient rubber to cover the estimated expenditure for the year, and in pursuance of this policy we have for 1929 already contracted to sell 201,600 lb. of rubber, or a little less than 50 per cent of the estimated crop at prices which will return you 75 per cent of the estimated expenditure so that, provided rubber realises an average at about the present price throughout 1929, the company will be in a position to declare a satisfactory dividend at the close of the year. Further, there will be no heavy calls for what I might call extraordinary expenditure, with the exception of carrying the water scheme on to the Didsbury Estate, which is estimated to cost $5,000 -$6,000. • The report and accounts were adopted, a dividend of 5% was declared, the retiring directors Messrs. J. L. Sime and D. S. Gardner were re-elected and Messrs. Neill and Bell were re-appointed auditors.
• The Straits Times, 13 May 1929, Page 12 FLYING IN KUALA LUMPUR. New Association. MALAYAN AEROPLANE CLUB • As briefly reported in our last issue, it has been decided to form a Malayan Aeroplane Club. An enthusiastic meeting was held at the M.S.V.R. mess, Kuala Lumpur, on Friday presided over by Mr. Mungo Park who, in the course of his remarks, said that as far as flying is concerned the Malay States were already behind the times. The world was fast being girdled by air ways; the air map of Europe was already a perfect network of flying routes; the areoplane was a daily sight to the Cretes and Arabians and dwellers in Mesopotamia; they got letters from Siam with air-mail stamps on them; they heard years ago of development in Java and Sumatra; they heard that people could fly from Croydon to Karachi or from Miami to Monte Video. Meanwhile, nothing had been done in the once progressive Malay States. When Mr. Wong announced his intention to make the first flight to British Malaya, the Government of the day hastily made an enactment forbidding flying near the Government Offices in Kuala Lumpur. They had, he was glad to say, changed since then and they now had as supreme head of the Government an intrepid and enthusiastic airman. A man who had led in the van of progress for 46 years, a veritable conquistador of today. In their High Commissioner, and in Sir William Peel, they had he thought men who realised that the time had arrived when they must have aerodromes in Malaya, that they must have aeroplanes, and what was of still greater importance, enthusiastic men to develop flying in this country. Aerodromes and aeroplanes needed trained pilots used to local conditions and he could not but feel that the Malaya States Government of today would welcome the opportunity of obtaining assistance in return for their support. • Calling upon the convener to propose the name of the Club, the chairman said they could safely attribute the paternity of the Club to Mr. L.W.Learmount and the father always had the right to christen the child. • Mr. Learmount proposed and Mr. R. C. Russell seconded that the Club be called the Malayan Aeroplane Club, the motion meeting with unanimous approval. • Objects of the Club. • The objects of the club as set out following, were moved by Mr. Mercer Smith and seconded by Mr. King: - • 1. To encourage the study and practice of flying in the Federated Malay States whether as a science, pastime or for utility. • 2. To arouse local interest in everything connected with aviation and to assist in the development of airports in the F.M.S. • 3. To provide light aeroplanes and to arrange for instruction in the art of flying. • 4. To constitute a body of trained pilots available for National Service. • 5. To arrange for the carriage of passengers, mails, or merchandise by air and for the reception and distribution of the same. • 6.To provide such facilities for its members as may be considered desirable and co-operate with the Royal Aero Club, or such other flying organisations as be approved for mutual assistance. • An amendment proposed by Mr. Carson, seconded by Mr. R. T. Mills, to substitute “aircraft” for “aeroplanes” in order to enable the Club to procure seaplanes if desired was adopted and the objects as amended were approved by the meeting. • Scale of Charges. • The following scale of charges, based on those of the Singapore Club, was adopted: Twelve hours flying free of charge (to enable the beginner to qualify), and three hours flying per annum free (to enable members to retain their Royal Are Club licence); $5 per hour flying for members, or $3 per hour when carrying other members who would pay the $5; visiting members $10 per hour; guests $10 per hour. It was stated that these charges had proved satisfactory with the Singapore Club which had 100 members. • The entrance fee to the Club was fixed at $25 on the motion of Mr. Irving, seconded by Dr. ffrench Constant, and a monthly subscription of $5 adopted on the motion of Mr. King, seconded by Mr. Kearney, a proposition by Mr. D. S. Ainger to fix monthly subscription at $3 finding only six supporters. • It was stated that it would not be possible to pay for repairs out of subscriptions. • Sir Hugh Clifford and Sir William Peel were elected patrons of the club, Mr. Mungo Park president, the Hon. Mr. H.G.R. Leonard vice president and Mr. Learmount Club Captain. The following were elected to the committee: - Messrs. Mercer Smith, H. F.L. Mavity, M.C. English, R.C. Russell, G.O. Hovil, Gordon Wong, L.W. King and Dr. C. ff. Constant. Messrs. Gibson, Anderson and Butler were elected secretaries.
LETTER FROM J. A. Russell & Co. TO: -The Collector of Land Revenue, Kinta, Batu Gajah. 22nd May, 1929. Kuala Lumpur, 22nd May 1929. Sir, We have the honour to refer to your letter of the 29th April numbered 4 in K.L.O. No. 1302/28 and to enquire what the position is with regard to our request for sub-division of lots 29172, 29174 and 16127, Ipoh, which you stated was being referred to the Town Planning Committee on the 9th instant. We have the honour to be, Sir, Your obedient servants, per pro J. A. Russell and Co. R.C. Russell From National Archives of Malaysia. Kinta Land Office. 1301/28 Transcribed by P.C.
The Straits Times, 16 October 1929, Page 9 • AMALGAMATED MALAY Ten Per Cent. Dividend Declared. The thirteenth annual general meeting of Amalgamated Malay Estates, Ltd., was held at 1, Embankment, Kuala Lumpur, on Oct. 12, with Mr. R. C. Russell in the chair. The chairman said: - • If you refer to the balance sheet I think you will agree that the company’s financial position is as sound as it was at the close of the last financial year and although the company earned $60,342 your directors consider themselves quite justified in recommending a dividend of 10 per cent which will absorb $73,511. • At the close of the year under review, cash and investments stood at $148,397 as compared with $123, 134 the previous year. • Production Costs. • At the request of the Rubber Growers Association, you directors have omitted the costs of production from the report, but I can assure you that your properties are being as economically run as ever they were; in fact the amount realised for rubber this year was $28,697 less than that of the previous year, yet the difference in our profit is only $10,484. • Our visiting agent reports that the estates are in good condition and as foreshadowed by the chairman at the last meeting, tapping is now on the A.B.C. system and it has had a very good result on the yields. • You will notice that the acreage of Jinjang Estate has been reduced by 18 acres. This represented a strip of land surrendered to the Government for the purpose of an electric transmission cable. Compensation has been paid in accordance with our claim, this has been credited to property account, last year $2,612 and this year $750. • Mining Areas. • Your directors have entered into agreements with two mining companies for the mining of swamp areas of the estate on satisfactory terms. Malayan Securities, one of the concerns, has exercised its option and is proceeding with the terms of the agreement, covering an area of 26 acres. • Application for the conversion of an area of 25 acres, selected by the other concern Messrs. Henggeler and Martin, into a mining title is at present under consideration by Government, and as soon as the necessary conversion has been effected, mining operations will commence. • The report and accounts were adopted, a dividend of 10 per cent was declared payable to shareholders on the register at date, Messrs. D. H. Hampshire and Choo Kia Peng, the retiring directors were re-elected and Messrs. Neill and Bell were reappointed auditors.
The Straits Times, 25 September 1929, Page 9 • SELANGOR COCONUTS, LIMITED. Payment of Dividends Resumed. The eighteenth annual general meeting of Selangor Coconuts, Ltd., was held at the registered office of the company, 1, Embankment, Kuala Lumpur, on Sept. 21, the chairman, Mr. W. A. Stanton, presiding. After notice convening the meeting had been read (Summary: Chairman’s speech, resuming paying dividends, profits 5%, production costs, wages, rates increased 10 cents per coolie per day by Government action on Feb 1, costs $7.38 per picul, crop up 19% on last year, balance sheet, oil palm estate sold, to pay off debt, local company now in hands of liquidator. Condition of property ground cover, centrosema pubescens, reduced weeding, sluice gate to prevent intrusion of salt water in Field A, drainage programmes, investigations into soil by officers of Agricultural Department, field experiments with fertilizers, manager Mr. Craib. Letter from shareholders in England suggesting sale of estate to sterling company, directors disagreed. Tumbu Estate not be in full production 4/5 years not in condition to be sold at nest advantage, copra at lowest level for years, if consensus by shareholders over sale board will act. Questions from shareholders. Appreciation of circular letter of Jan 21, 1929. Report and accounts adopted. Div of 5%, retiring director Mr. R. C. Russell re elected. Neill and Bell reappointed auditors.) (993 words) • Untitled [Articles] The Singapore Free Press and Mercantile Advertiser (1884-1942), 28 September 1929, Page 19 • (end of same meeting as above )
The Straits Times, 14 November 1929, Page 10 • PASSENGERS. The following passengers a re proceeding to Penang Colombo, Bombay and Europe by the Macedonia sailing at 4 p.m. to-day :- Mr. R. C. Russell….
The Straits Times, 12 December 1929, Page 8 • PASSENGERS. The following passengers are proceeding by by the s.s. Rawalpindi, sailing at 4 p.m. today, for Penang, Colombo, Bombay and Europe:-Mr. R.C. Russell,…
1930
The Straits Times, 4 April 1930, Page 11 • UTAN SIMPAN RUBBER. • The directors' report and statement of accounts of Utan Simpan Rubber Co., Ltd., for the year ended Dec. 31, 1929, for presentation at the twentieth annual general meeting of shareholders to be held at the registered office of the company, Kuala Lumpur, on April, 14, at 2.30, is as follows: - • Your directors beg to submit the duly audited balance sheet as at Dec 31, 1929. • The net profit for the year after providing for depreciation, is $ 23.891, to which falls to be added $19,560 brought forwards from the previous year, making a total sum in profit and loss account of $43, 452 which your directors recommend be dealt with as follows: - In payment of a dividend of 5 per cent for the year $15,000, transfer to reserve for development $10,000, carry forward, subject to payment of directors ‘fees $18.452. • The nominal capital of the company has been increased from $250,000 to $500,000 and the issued capital from $250,000 to $300,000. Shareholders have already received due notification of these increases. • As set out in the circular to shareholders dated May 14, 1929, and with your approval, your directors have acquired Douglasdale Estate, the purchase consideration being 50,000 shares of $1 each fully paid up. This accounts for the increase in the issued capital of the company referred to in the preceding paragraph. • The crop harvested for the year totalled 417,000 lb. which realised an average price of 29.83 cts. or 8.35d per lb. This crop was obtained from an average area of 924 acres, which was tapped on a ‘V’ on half the tree alternate daily. The estimated crop for the current financial year is 440,000 lb. to be obtained from an average of area of 964 acres. • The following two sales were in force during the year: - 60 tons delivery January June, 1929, f.o.b. Port Swettenham at 8 ¾ cts per lb.; 30 tons delivery January- March, 1929, loose in Singapore at 29 ¾ cts per lb. No forward sales have been effected in respect of the current year. • Tamils Replacing Chinese. • Chinese tappers are being replaced by Tamils, and it is hoped to have a complete labour force of the latter within the next three months. The estate continues to be maintained in good order. Split pitting was carried out in the new clearing and fields 12 and 13. The estate continues normal in regard to pests and diseases. • The sheet manufactured on the estate is of good quality. Lower grades were treated at a neighbouring factory. A new smoke house costing $3,000, was erected during the year. All other buildings, with the exception of the factory, are reported to be in a good state of repair. • At the close of the year there were 325 Tamils and 62 Chinese on the estate. Health conditions continued to be satisfactory. • The piped water supply from the Bukit Lagong Forest Reserve has functioned efficiently. Extensions to Didsbury and Douglasdale divisions were completed during the year. The systematic oiling of ravines was continued and has materially assisted in maintaining good health record. • Mr. J. M. Bathgate was in charge throughout the year. Mr. W. A. Stanton resigned the visiting agentship owing to pressure of other duties, and Mr. G. C. Bailey was appointed in his stead and has made two reports on the property. Mr. H.H. Robbins serves on the board as alternate for Mr. R. C. Russell, who has proceeded on leave. Messrs. D. H. Hampshire and R. C. Russell retire by rotation and, being eligible, offer themselves for re- election. Messrs. Neill and Bell, the company’s auditors, retire and, being eligible offer themselves for reappointment. •
The Straits Times, 16 April 1930, Page 9 DIRECTORS' REPORT. New Serendah Rubber Company, Ltd. The directors' report on New Serendah Rubber Co., Ltd., for the year ended Dec. 31, 1929, for presentation at the twentieth annual general meeting of shareholders to be held at the registered office of the company, Kuala Lumpur, on Apr. 22, is as follows: - (Summary: net profit $39,095, 5 per cent dividend, crop harvested 448,644lb, forward sales, table of comparative crops and prices for last 15 years, 1915-29, condition of property: tapping high standard, new foliage plentiful, approved in appearance, sheet manufactured best ever seen by Mr. W. D. Fraser. Mr. Fallon resigned from management of estate, Mr. F. M. Riley appointed in his place. Messrs. H. N. Ferrers and R. F. Grey resigned from board, M. J. Kennaway and D.F. Topham served as alternates, Mr. F.B. Gough served as alternate for Mr. E. G. Leyne, since close of year Messrs. R. C. Russell and D. F. Topham have proceeded on leave and Messrs. H.H. Robbins and H.A. Wootton serve as their alternates. Neil and Bell auditors reappointed.) (502 words)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 19 April 1930, Page 16 • Passengers. By the Ranpura which left London on Thursday:… Mr. R. C. Russell…
The Straits Times, 19 April 1930, Page 9 • UTAN SIMPAN. Five Per Cent. Dividend Declared. • The twentieth annual general meeting of Utan Simpan Rubber Company, Ltd., held at the registered office, 1, Embankment, Kuala Lumpur, on Apr. 14, the chairman, Mr. D. H. Hampshire, presiding. After the notice convening the meeting had been read by a representative of the Secretaries, Messrs. Boustead and Co. Ltd., the chairman addressed the meeting as follows: (Summary: report accounts, net profit, crop, Douglasdale Estate, issued capital, div 5% expenditure on water scheme, upkeep immature areas, trouble over new clearing, silt pitting, Douglasdale being cleaned up, immature area in heavy blukar and lallang, to be strip weeded during May tapping holiday, Tamil labour, new set of lines at Didsbury completed, another set at Utan Simpan, unlimited water supply will be great attraction for Indian labour. New factory needed. Old one in dilapidated condition, minor repairs, new engine installed, estate improved in last 2/3 years. Report and accounts Mr. Sime to second, passed, dividend 5%, retiring directors Mr. D. H. Hampshire and R. C. Russell re-elected, auditors reappointed, votes of thanks to chair, meeting terminated.)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 15 May 1930, Page 10 • Mr. R. C. Russell of Messrs. J. A. Russell and Co. is expected back from Home this week-M.M
The Straits Times, 26 September 1930, Page 9 AMAL. MALAY ESTATES, LTD. Company in a Strong Financial Position. (From Our Own Correspondent.) Kuala Lumpur, Sept. 24. The fourteenth annual general meeting of Amalgamated Malay Estates, Ltd., was held at the registered office of the company. No. 1, Embankment, Kuala Lumpur, today, the chairman, Mr. D. H. Hampshire, presiding. (Summary: profit $40,918, all in costs, silt pitting at Serdang, 88 acres left to do, balance sheet, sale of acres to Henggeler and Martin, strong financial position, 4 per cent dividend, estate in good order, if price falls, close down estate, ample reserves, directors report, “ I will ask Mr. Russell to second this”, Mr. R. C. Russell seconded resolution, retiring director Mr. R. C. Russell was re-elected, directors report: Tapping holiday in may, crop harvested, properties maintained, clearings, buildings, mining of swamp area, separate mining company, financial arrangements with Malayan Securities, and Henggeler and Martin, titles, Mr. N. C. Athborne manages both properties,, Mr. H. D. Meades assistant at Jinjang Division, Mr. H. Armstrong resigned seat on board, J. S. Weston his alternate, Weston and Choo Kia Peng on furlough, Hon. Mr. J. S. Arter and Mr. C. J. Chisholm as their alternates, Mr. R. C. Russell retires by rotation and offers himself for re-election. ) (1245 words)
1931
The Straits Times, 17 April 1931, Page 8 • UTAN SIMPAN CO. • Costs Reduced Fourteen Cents Last Year. • The twenty-first annual general meeting of the Utan Simpan Rubber Company, Ltd., was held at Kuala Lumpur on Saturday, Apr. 11, with Mr. R. C. Russell in the chair. The chairman addressed the meeting as follows: - • The directors' report states very fully the position of the company, and I feel I have nothing further to add, but I would like to express the board’s appreciation of the loyal way in which the European staff, subordinate staff and the labour force have co-operated in accepting reductions in their pay in order to reduce the cost of production; the sacrifices they have made are reflected in the fact that our f.o.b. cost in December 1930, was nearly 14 cents per lb less than in January, 1930. • You will see in the report before you that we have contracted during the present financial year for the sale of 10 tons monthly up to the end of June at 15 3/8 cents per lb; this price at our present cost of production will show us a profit which, with the amount of the company’s reserves will, I hope enable us to weather the present crisis. • You may rest assured that your board is doing everything possible to work the property economically while still maintaining the estate in its present satisfactory condition. • No questions were asked, and the resolution to adopt the report and accounts was carried unanimously. • The retiring directors, Messrs. J. L. Sime and D. S. Gardner, were duly re –elected and Neill and Bell were re-appointed auditors.
The Straits Times, 21 April 1931, Page 9 • KAMASAN RUBBER COMPANY. • Industry "In Obvious Need" of Control. The 21st annual general meeting of the Kamasan Rubber Co., Ltd., was held at Kuala Lumpur on Saturday, Apr. 11, the chairman. Mr. M. J. Kennaway, presiding. The chairman addressed the meeting as follows: - • (Summary: profit earned, 2 ½ per cent dividend, cash remaining, forward sales, leave pay passage reserve, estate matters, past year has been one of considerable anxiety, bringing down costs to meet depressed market conditions, yields per acre, A. B. C. system, 11 months tapping 430 lb. Future of industry. visiting agent and chairman on leave during past year, visits to estate by board, property in good condition, hope of some international control, ample reserves to face present crisis, Mr. J. Hands, disagreed with restriction which he felt had caused present position of industry. Board and salaries. The resolution was seconded by Mr. R. C. Russell and the directors’ report and accounts passed. Div. of 2 ½ %. App. of Mr. A. Beckett as director confirmed. Mr. Hands raised question of directors’ remuneration and hoped manager’s salary had not been cut. Chairman said no reduction in manager’s salary but it might be reduced on his return from leave. Board expressed willingness to participate in any general reduction made necessary by present financial situation and on the motion of Mr. R. C. Russell it was agreed that subject to the present conditions continuing, the director’s remuneration for the current financial year should be reduced by 20 per cent.) • (760 words)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 22 August 1931, Page 20 • MALAYAN A.A.A. CHAMPIONSHIPS SELANGOR LEADING L.D.E. Cullen Gets Two Firsts (From Our Own Correspondent) (By Telephone) Kuala Lumpur, Aug. 21. Several of the championship events in the annual championship meeting of the Malayan Amateur Athletic Association were decided here to-day and at the end of an interesting day. (Summary: Team points, officials for the meeting inc. R. C. Russell, heats in running, jumping, weight putting, pole jump, relay, etc.) • (1067 words)
The Straits Times, 25 September 1931, Page 9 • READY FOR SLIGHT RISE IN PRICE. • Amalgamated Malay Policy Explained. • The 15th annual general meeting of Amalgamated Malay Estates, Ltd., was held at the office of Boustead and Co., Kuala Lumpur, on Saturday, Mr. R. C. Russell being in the chair. The chairman addressed the meeting as follows: - • You will be gratified to learn that the company, in spite of the low price of rubber, has by rigid economy, managed to make a profit of $5,417.22, even after providing for directors’ fees, managers commission and depreciation which amounted to $12,101.50 • There is one matter I should like to draw to your attention. That is the acreage statement. The area on Jinjang Estate, which last year was in the acreage statement as “ abandoned”, has been deleted and added to “ reserve land and swamp”, amounting to 19 acres. In the Serdang figures 9 acres nine acres planted in 1928 and two acres in 1929 are added, these areas originally being in the village site, so that the area in this years acreage statement is decreased by the same amount, namely 11 acres and now stands at 15 acres. There is no alteration to the grand total. • Keeping the Labour Force. • You will notice from the report that the board decide to close down Jinjang Estate placing it on a“ care and maintenance” basis and to rely on the Serdang Estate to produce the estimated crop. The policy of the board is to continue to tap the Serdang Estate so long as the monthly loss, which is inevitable with present prices, is less than what it would cost us to place the estate on a “ care and maintenance “ basis. Your board may be criticised for this policy, but what we are endeavoring to do is to keep our organised labour force, so that we will be in a better position than estates which have closed down and dismissed their labour force to take advantage of the slightest rise in the price of rubber. A penny rise in the price of rubber would enable us to work at a small profit, whereas a penny rise would be insufficient for estates that have closed down to reopen and recruit fresh labour. • If there is a further fall in rubber and our monthly loss exceeds the cost of maintenance, then we will close Serdang, and from the balance sheet you will see that we will be able to weather the storm, as investments and cash total $128,435.18. • This amount will shortly be augmented by a further $39,250, for we have sold 39 ¼ acres of Jinjang swamp land to Batu Selangor Dredging Co and we only await the issue of the mining title over the area to complete the transaction. • The visiting agent reports very favourably on the condition of both properties. • The report and accounts were adopted. The appointment of Mr. C. J. Chisholm as a director was confirmed, and the retiring director, Mr. J. S. Weston, re-elected. Messrs. Neill and Bell were re-appointed auditors. • (504 words)
1932
The Straits Times, 25 April 1932, Page 9 • FIFTY PER CENT. CUT IN COSTS. • Utan Simpan Co. • HEAVY BURDEN OF QUIT RENT. • The twenty-second annual general meeting of Utan Simpan Rubber Co., Ltd., was held at the office of the Company, No. 1, Embankment, Kuala Lumpur, on April 20, with Mr. D. H. Hampshire in the chair. (Summary: Another difficult year in industry, in common with other estates impossible to make a profit. Investments. No depreciation written off on buildings, live stock or water supply installation. Directors have waived their fees. Normal work proceeded, general conditions satisfactory, cover plants allowed to grow, tapping 75% resting 25%, tapping virgin bark at Douglasdale, efforts to reduce costs, thanks to manager and staff, estimates for bare upkeep, financial position not strong, cannot afford to cease tapping, quit rent has to be met, Government not to grant any relief, hope this will be reconsidered, and a reduction made when estate is not producing rubber. If estate brought to care and maintenance funds only available to last one year. Report accounts passed. Retiring directors Messrs. D. H. Hampshire and R. C. Russell re-elected. Neil and Bell auditors reappointed.) (660 words)
The Straits Times, 20 August 1932, Page 14 • MALAYAN ATHLETIC CHAMPIONSHIPS. 100 Yards Time Equalled. NEW RECORD FOR POLE JUMP. (From Our Own Correspondent.) Kuala Lumpur, Aug. 19. The heavy rain which lasted throughout this morning was followed by a burst of brilliant sunshine in the late afternoon and conditions were very pleasant when a start was made in the annual championship meeting of the Amateur Athletic Association of Malaya on the Selangor Club padang today. (Summary: Judges inc. R. C. Russell. 68 competitors, heats, running, jumping, pole jump, results winners.) (667 words)
The Straits Times, 1 September 1932, Page 9 • $160,000 IN CASH AND SECURITIES. • Amalgamated Malay Reserves. • The sixteenth annual general meeting of the Amalgamated Malay Estates Ltd. was held at the registered office of the Company, No. 1, Embankment, Kuala Lumpur, on Tuesday, with Mr. D. H. Hampshire in the chair. (Summary: Loss of $3,510.60, revenue exceeded expenditure, forward contract, efforts to reduce to expenditure, Jinjang continues on care and maintenance, Serdang can produce sufficient rubber to pay all expenditure. Serdang in good condition. Tapping on A.B.C. system. Buildings in good order. Payment for land sold to Batu Selangor Tin Dredging Co., acreage of Jingjang reduced, financial position very strong, investments. Forward contracts. Report and accounts seconded by Mr. R. C. Russell carried. Retiring Director Mr. D. H. Hampshire reelected. Auditors Neill and Bell reappointed.)(512 words)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 8 September 1932, Page 15 SELANGOR COCONUTS Profit of $3,000 Carried Forward. The report of the directors of Selangor Coconuts. Limited, for presentation at the twenty-first annual general meeting of shareholders to be held at the registered office of the company. No. 1. Embankment. Kuala Lumpur, on Tuesday. Sept. 13, at 2 p.m., states. (Summary: Total planted area 1,493a 3r 09p, buildings, jungle drained 350 acres, reserve jungle, net profit $3.053.30, crop harvested 1,972,000 nuts, price per picul $4.65. Survey of 700 acres of jungle completed. Visiting agent, labour sufficient, estimates, forward sales, Mr. Joseph Benton in charge Mr. A Douglas paid quarterly visits. Mr. R. C. Russell retires by rotation and offers himself for re- election.) (358 words)
The Straits Times, 15 September 1932, Page 9 EIGHTY PER CENT. SOLD FORWARD. Selangor Coconuts. SMALL PROFIT LIKELY THIS YEAR. The twenty-first annual general meeting of Selangor Coconuts Ltd. was held at the registered office of the company, No. 1, Embankment, Kuala Lumpur, on Tuesday, Sept. 13, 1932, at 2 p.m., with Mr. W. A. Stanton in the chair. (Summary: crop down, costs of production 20% less, crop harvested, price did not reach low figure of $3.60 per picul, average price $5.09 per picul compared with $6.05 in 1930/31. Board has sold forward because of price variations, policy reconsidered when times get normal again. Mature portion of estate cleaned, ground cover, grass cut regularly. Wide range of manure experiments, no results observed. Water control so water available in dry weather as in 1930 /31. Supply from peat jungle is too acid for palms. Experimenting to improve yields. Mr. A. Douglas visits Tumbuk regularly. Mr. J. Benton in charge for whole year. Circular explains sold forward 80% of crop. No questions. Report and accounts seconded Mr. F. A. Wardell. Retiring director Mr. R. C. Russell re elected. Neill and Bell auditors reappointed, Votes of thanks.)(827 words)
1933
The Straits Times, 21 March 1933, Page 6 OUR LONDON LETTER.The Straits Times, 21 March 1933, Page 6 Mr. R. C. Russell is among the large number of passengers for Malaya in the Ranchi, which left London on Friday. • PASSENGERS OUTWARD [Articles] The Singapore Free Press and Mercantile Advertiser (1884-1942), 21 March 1933, Page 13 • PASSENGERS OUTWARD The following passengers sailed on the P and O Ranchi which left London on March 3rd, for the Far East. …Mr. R. C. Russell…
The Straits Times, 15 April 1933, Page 28 • MALAYAN PLANTING TOPICS. • Mr. "Archie" Russell • (By Our Planting Correspondent) • …… • A Loss to Malaya. • My notes would not be complete this week without reference to the great loss which Malayan agriculture has sustained in the passing of “ Archie” Russell. While many obituary notices have referred to the various and extensive enterprises that Mr. Russell so successfully built up during the last twenty years, few have given due weight to the practical interest he showed in the development of plantation agriculture in this country. • Going back nearly a quarter of a century I recall that his first venture was obtaining an option over Kamasan Estate, Kuala Selangor, in partnership with a planter. That company has since paid out 374 per cent. In dividends and passed its dividend for the first time this year. • In those early days Mr. Russell was also associated with the floatation of Sungei Ramal, New Serandah, Utan Simpan and other local companies and was a member of their boards for some years. More recently the pressure of other business compelled him to hand over these duties to Mr. R. C. Russell. He also built up substantial rubber interests of his own, so much so that at the date of his death he was, I believe, the largest private owner in Malaya. • Planters should not forget what they owe to “Archie”, in his capacity as chairman of Malayan Collieries, for placing locally made rubber cases on the market at competitive prices. I think I am right in saying that until the Malaply cases made at Batu Arang, or Malayan Timbers and with Malayan labour, were put on the market there was no tendency towards a material reduction in the prices of imported cases. • Other Enterprises. • “Archie’s” agricultural interests were not confined to rubber. The well- thought- out venture in highland tea known as Boh Plantations, carried out under very difficult pioneering conditions, is now approaching the bearing stage and for many years will constitute an enterprise of fundamental importance to Malaya. • Probably few people know that Mr. Russell conceived equally ambitious agricultural schemes which, but for the red tape of government officials, might have been as well established today as Boh Plantations. To give an example, it was only the refusal of the government some years ago to alienate land except on very onerous terms that prevented this far seeing man from planting several thousand acres in high yielding sugar cane, and it is not without significance that most of the land which asked for at the time is still a virgin jungle today. • Possibly Government at that time had not appreciated the outstanding ability of Mr. Russell and his capacity to carry through very large schemes. I well remember the disappointment he expressed to me at the apathy of Government towards his sugar-planting venture. • Gone are the days when capital for enterprises of that magnitude could be easily raised, but apart form financial considerations we have to lament the fact that in Archie Russell Malaya has lost a powerful supporter of any well considered enterprise, and it will be many years before we see his like again……….. • (2958 words)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 11 September 1933, Page 10 • BAKAU TIN'S NETT PROFIT OF $4,179 • Payment of Dividend of 5 Per Cent Recommended • The director’s report and statement accounts for the year ended June; 30, 1933. for presentation at the eighteenth annual general meeting of shareholders of Bakau Tin. Ltd., to be held at the registered office of the company, No 1, Embankment, Kuala Lumpur, on Tuesday, September 26, states: - • The net profit for the year is $4,179.30 to which falls to be added $5,104.53 brought forwards from the previous year, making a total of $9,283.92 which your directors recommend to be dealt with as follows: - Payment for a dividend of 5 per cent absorbing $5,000, carry forward $4,283.92. • During the course of the year Mr. E. H.H. Everest was co-opted to the board in place of Mr. R. W. Hughes who resigned, and Mr. R. C. Russell was co-opted upon the death of Mr. J. A. Russell. Both these gentleman’s appointments require to be confirmed. Mr. R. C. Russell retires by rotation and, being eligible offers himself for re- election. • Renewal of Leases Refused. • Messrs. J. A. Russell and Co., the managing agents, report: (Summary: 2 mining leases renewal refused…lease covered mine offices and reduction plant… temporary lease for a search for fresh ore…year secure lease for next 12 years…reluctant to spend company’s resources prospecting if leases renewal depends on undisclosed government policy.. two members of board waited on British Resident were assured two leases would not be alienated to others…. Outputs show decrease of 17.81 per cent.. tin quota reduced…length of workings.)(921 words)
The Straits Times, 18 September 1933, Page 13 and AMATEURS SHINE [Articles] The Singapore Free Press and Mercantile Advertiser (1884-1942), 19 September 1933, Page 3 • A MILNE PLAY and AMATEURS SHINE, CLEVER TROUP IN MILNE PLAY • Saturday Night Chuckles At Kuala Lumpur. (From Our Own Correspondent.) Kuala Lumpur, Sept 10, Kuala Lumpur gets so little entertainment other than talkies and cabarets nowadays, that a play is always welcome, and the Town Hall was nearly full last night when a group of Ipoh amateurs presented A. E. Milne’s “Belinda”…. • ……staging of drawing room scene for which Mr. R. C. Russell was responsible was admirably done…..
The Singapore Free Press and Mercantile Advertiser (1884-1942), 22 September 1933, Page 10 and AMALGAMATED MALAY PROFIT. [Articles] The Straits Times, 19 September 1933, Page 9 • AMALGAMATED MALAY • • Amalgamated Malay Estate Declares Dividend • The directors of Amalgamated Malay Estates Ltd., in their annual report and statement of accounts for the year ended June 30. 1933, state: • The nett profit on the year's working amounted to $4,952 37 to which falls to be added $35,797.39 brought forward from previous year, making a total available of $40,749.76. This your directors recommend should be disposed of as follows: - In payment of dividend of 3 per cent $22,053.36; carried forward subject to payment of the manager’s commission $18,696.40. • The crop harvested during the year amounted to 552,00lbs and compares with 603,327 lbs obtained during the previous year. During both years tapping was confined to Serdang Estate. • The average gross price for the year including stock in hand at valuation was 6.83 cents per lb. as compared with 8.15 cents per lb. for the previous year. • There was no change in the tapping system. Bark consumption continued normal. Both properties have been maintained in a satisfactory condition. • So far no trouble has been experienced, and the labour force remains sufficient for all requirements. Health has been satisfactory. • As from July 1, 1933, a further 236 acres of the area of 273 acres planted in 1926 were brought into tapping on Serdang Estate, making a total of 1,259 acres. The crop to be harvested therefrom during the current financial year is estimated at 650,800 lbs. • Mr. N. C. Athorne returned from leave early in October 1932, and has since remained in charge of both properties. • Mr. R. C. Russell retires by rotation and, being eligible, offers himself for re election as a director. Messrs. Neill and Bell, Chartered Accountants, the company’s auditors, retire and offer themselves for reappointment. • Meeting: 1, Embankment, Kuala Lumpur, October 5, 10.30 am.
The Straits Times, 10 October 1933, Page 9 • and AMALGAMATED MALAY ESTATES [Articles] The Singapore Free Press and Mercantile Advertiser (1884-1942), 10 October 1933, Page 10 AMALGAMATED MALAY ESTATES Rubber Company Pays Dividend AMPLE CASH RESERVES At the annual general meeting of the shareholders of Amalgamated Malay Estates, Ltd., in Kuala Lumpur, on Thursday, Mr. D. H. Hampshire presiding said: I would refer you first to the balance sheet, wherein you will note that we have now written down our buildings, furniture ad machinery account to $1, having transferred the sum of $18,563.25 from “reserve for development”. (Summary: transfers, small portions of Jinjang Estate sold to mining companies and Government, depreciation, accounts, 71 acres of immature rubber to upkeep, investments, Jinjang Tin Ltd. gone into liquidation, profit and loss, no dividend paid since year ended June 30, dividend of 3%, Jinjang Estate still on care and maintenance, not proposed to restart tapping until results of negotiations between British and Dutch interests regarding restriction, Serdang Estate weeded, tapping good, yield less than previous year due to wet days,. Average yield per acre, 777lbs, manufacture good, whole of output sold locally to Chinese dealers. Layout of factory not satisfactory, considering alterations. Labour satisfactory rates of pay increasing, productions costs increased, manager Mr. Althorne, forward contract, proceeds will cover expenditure, questions about restriction, report and accounts seconded by Mr. Russell, no questions, retiring director Mr. R. C. Russell re elected. Neill and Bell reappointed auditors.)
1934
Malayan Collieries, Ltd.
(INCORPORATED IN F.M.S.)
PROCEEDINGS AT THE
TWENTIETH ANNUAL GENERAL MEETING OF
SHAREHOLDERS HELD AT THE
Registered Office of the Company,
Hongkong & Shanghai Bank Buildings, Kuala Lumpur,
ON
Thursday the 29th March, 1934,
At Noon.
Malayan Collieries, Limited.
(Incorporated in Federated Malay States.)
Hongkong & Shanghai Bank Buildings, Kuala Lumpur, F.M.S.
The Shareholders,
MALAYAN COLLIERIES, LTD.
Dear Sir, or Madam,
We have pleasure in reporting to you the proceedings at the
Twentieth Annual General Meeting of the Shareholders of the
Company which was held at the Registered Office, on Thursday, 29th March, 1934.
Yours faithfully,
J. A. RUSSELL & CO., Secretaries.
Dated 29th March, 1934
Malayan Collieries, Limited
(Incorporated in Federated Malay States.)
Proceedings of the Twentieth Annual General Meeting
The Twentieth Annual General Meeting of Malayan Collieries Ltd., was held at the Hongkong & Shanghai Bank Buildings, Kuala Lumpur, at noon on Thursday the 29th March, 1934.
The Chairman, Mr. H. H. Robbins presided and the others present were: —Messrs. W. H. Martin, F. Cunningham, A. J. Kelman, R. C. Russell (Directors) and P. W. Gleeson, John Hands, E. D. Butler, C. J. Chisholm, Lim Cheng Law, L. R. Mackness, H N. Ferrers, A. W. Delamore, J. Ford, C. R. Harrison (shareholders) and S. Brown representing the Secretaries.
The representative of the Secretaries having read the notice convening the Meeting, the Chairman, before moving the adoption of the Balance Sheet and Accounts to 31st December 1933, addressed the meeting as follows: —
Gentlemen,
Before proceeding with the business of the day, I should like to refer to the very great loss which we have all sustained by the death of our late Chairman, Mr. J. A. Russell. Your Directors circularised you on the 12th April advising you of this sad event and placing on record their very keen sense of loss and their appreciation of the valuable advice which Mr. Russell had always so freely given and the vast amount of thought and work that he had put into the building up of your undertaking.
Reference was made recently in the press to the foundation of this Company and the part played by your late Chairman at that time and until his untimely death. The events are well related, but they do not emphasise the vicissitudes through which the Company passed when Mr. Russell and a few staunch supporters, mostly influential Chinese friends, were the only people in the country who had any confidence in the future of the undertaking which is now in its 20th year.
Mr. Russell died in April which was probably the worst month of the slump from which we all hope we are steadily emerging. He guided this Company through slumps and booms from a very modest and precarious beginning, and the Board and its executive officers have his example as a stimulus and guide for the future.
I will now return to the matter before you, and the Report and Accounts having been in your hands for the prescribed period I will, with your permission, take them as read.
The Share Capital remains unaltered. With regard to the 61,120 surrendered shares, your Directors are considering the advisability of arranging to transfer the value of these shares from Share Capital Account to a Capital Reserve Account. This contemplated action if put into effect, would improve and strengthen the appearance of our Balance Sheet without affecting the shares in circulation.
The Pamoekan Bay colliery continued in the hands of a caretaker, which is the melancholy position of so many erstwhile prosperous Collieries in the Netherlands East Indies. There are indications of an improvement in the bunkering business, but this is merely comparative, and the further improvement necessary to any serious consideration of a resumption of operations is, I fear, still a long way off.
The demand for our Malayan coal fell to a figure which necessitates our turning back over a decade for a parallel. Our monthly sales at times fell to a little more than one week's full production of the Batu Arang Colliery, and the problem of keeping our overheads within a reasonable ratio to our total costs was one which was ever before us. It was only with the co-operation of a staff and labour force of which we are justly proud, the aid of a plant which has been kept in pace with the times, and a policy under which we accumulated large reserves of developed coal with which to level up our costs, that the results which we now place before you have been possible. With an improvement in general conditions in Malaya, this Company must benefit, but results comparable with the actual capital invested in your business are quite obviously not possible without the existence of demand. Given a normal demand and a fair field, we have every confidence in our ability to continue to show satisfactory results.
After making due allowance for the inroads into the demand for Malayan coal, to which reference was made in the late Chairman's speech last year, the falling away in our sales may be accepted as a fair indication of general trading conditions. The tendency is for consumers to improve the efficiency of their plants and practice, and though this has the effect of reducing the consumption of coal, whether it be per train mile operated, per unit of electricity produced, per yard of ground treated, or per ton of stone crushed, it is our constant endeavour to aid this achievement in every way in our power. As against the reduction in the demand for our coal as a consequence of these improvements in efficiency, it is certainly a fact that in the production of tin today, power is used to a much greater extent than ever before. Man power has had its day and the succeeding stages have been the direct application of the steam engine, the oil engine, and now the electric motor.
In an article in the press since our last meeting, reference was made to the replacement of the portable steam boiler and engine by oil engine power, the inference being that the change over was primarily due to the high cost of coal. Actually, for one reason or another, and quite independent of the price factor, we were never able to profitably secure any considerable share of the portable boiler fuel business. The replacement of portable steam engines by oil engines has, to some extent, been due to the more economical operation of the latter; but factors other than this have influenced the position. The introduction of the oil engine made possible much deeper working, and the employment in deep opencast mines of much larger power units, than was ever possible with independent steam engines, whilst the handling of fuel, whether coal or wood, from the nearest railway station to the bottom of the mine represented a considerable item of costs. The evolution is not yet complete, the electric motor is being adopted as an improvement upon the oil engine, and this is where this Company should benefit, immediately, in so far as consumers linked to the Selangor power stations are concerned, and ultimately, we hope also in the case of the potential Perak demand.
As sales of small coal during the year were not sufficient to absorb the natural production, it became necessary to accumulate considerable stocks. Though our capacity for storage of coal under water is large, it was evident that we could not continue accumulation indefinitely, and by securing the contract for the supply of the fuel requirements of the St. James Power Station of the Singapore Municipality, made possible by the helpful co-operation of the F.M.S. Railways, —the position has been relieved. The contract calls for the supply of some 3,000 tons per month, and as in the case of other large consumers, the contract is on a calorific basis.
With reference to the accounts which are before you in their usual form the expenditure on Capital Account was approximately half as to work of a general nature, the balance being on account of railway construction and the completion of the wood distillation plant and tile works, all of which I shall refer to later.
The amount allocated to Depreciation is $180,000, which is approximately the same as for the previous year. Owing to the policy of retaining as much available labour as possible on the property, much of the mechanical equipment was operated rather less time than even the low tonnage figures would suggest, and so the wear and tear on plant was very considerably less than would have been the case in a normal year.
The item "Operating Stores and Spares and Trading Stocks" is higher than the figure for last year, principally due to the purchase of further railway materials, to the large coal stocks as a result of demand being insufficient to absorb the natural production of small coal, and to the larger plywood stocks in consequence of the much increased turnover of that department. The figure of $641,215.65 is made up as to $374,857.18 of mine stores and spares, $92,797.20 of railway materials and $173,561.27 for coal brick and plywood stocks.
In connection with the coal stocks, I should like to explain that, as these are carried under water, the coal will keep indefinitely without deterioration. All coal as it is recovered from storage is sent to the washery for treatment before despatch and in valuing such stocks full provision has been made for process losses.
"Sundry Debtors and Debit Balances" are somewhat down on the years trading, this, of course, being in keeping with the reduced turnover. The reserve against Bad Debts remains the same at $135,000, adjustments having been made for any debts considered definitely bad. Sundry Creditors, including Bills Payable and Credit Balances, are also down, as is to be expected in the transaction of a smaller volume of business.
The item "Unclaimed Dividends" varies according to the time given for clearance of the 3rd interim dividend before the close of the financial year, and this year the amount is larger than usual owing to the intervention of a week-end.
"Staff Leave and Passage" is rather less, but this being a calculated figure calls for no comment.
"Investments". In August, the Hongkong Government repaid the 6% Public Works Loan, at the same time offering conversion facilities to those who preferred a 4% investment to cash, and as the rate of exchange was adverse to a return of funds to Malaya, the offer of conversion was accepted. Apart from this, the investments remained unaltered.
"Cash in Hand and at Bank” was slightly up during the year, but when read in conjunction with the item "Unclaimed Dividends" the position is approximately the same.
The "Trading and Profit and Loss Account" does not, I think, call for any comment, the figures being in keeping with the volume of business represented.
In recommending the payment of a final dividend of 4%, making with the interim dividends already paid, a total of 10% for the year, your Board are agreeing to the distribution of a larger proportion of profits earned than has been usual. This has been done in an attempt to equalise as far as possible the payments during the depression, but only after due regard to the estimated cash requirements of the company.
Such is the result of the working of your undertaking during another difficult year. I will not describe the year as disappointing, because I fear we did not expect from it a great deal more than we have been able to achieve. Conditions during the first half of the year can best be described as appalling, though when regarded in retrospect one has the satisfaction of realising that those early months of 1933 may be recorded in history as the dark before the dawn of better times. The approach of the second half of the year brought with it a definite change for the better in the market prices of the two principal commodities of the country. Though this resulted in the average price of tin for the year bearing comparison with the highest average recorded in any year, the sacrifice of the producer to achieve this should not be lost sight of, the degree of restriction being such that the average mine was able to produce its quota in little more than 25% of possible working time.
Your Company is less directly affected by the fortunes of the rubber industry, but the indirect influence is, of course, very material and I follow, with very keen interest, the present course of prices, but, with perturbation, the trend of statistics. It is to be hoped that both can be reconciled in a manner equitable to all.
The labour position is one which is causing considerable anxiety. At the moment the supply in the country, if not actually short, is at best very delicately balanced, and to meet any steady improvement for which we all look, the reopening of channels for a reasonably natural ebb and flow of Chinese and Indian labour would seem desirable.
The Workmen's Compensation Enactment came into operation on the 1st October 1933 and your Directors deemed it wiser to insure the liability under the enactment rather than that your Company should carry this itself.
While in principle the legislation must be applauded, there is at least one condition which will inevitably operate very seriously against the Chinese labour force of this country. I refer to the fact that the dependants of a Chinese workman killed in an accident are not entitled to compensation if they are resident in China, and we are indebted to the Hon'ble Mr. Shearn for referring to this matter at the last meeting of the Federal Council.
Your labour force has already experienced the incidence of this condition, and 1 have no hesitation in saying that the lack of provision for compensation in such cases will, to a great extent, nullify the benefits to labour which the Act intended. The difficulties in making such provision are obvious, and it is realised that proof of identity would, in many cases, be difficult and perhaps in some cases, impossible; but even with the onus of proof with them, dependents of insured persons killed in the course of their employment would at least have a reasonable chance of obtaining that which should undoubtedly be regarded as theirs.
Before referring further to the subsidiary undertakings of your Company, 1 should like to outline your Boards policy in the matter. Briefly this is to spread your interests at Batu Arang where economically possible and to consider any project the adoption of which might aid the main operation, namely, the production of coal. It has been our practice to proceed with any well considered development which could be met by available funds without in any way interfering with the paying of a fair dividend. Any project calling for capital outlay beyond the resources of the company and for the raising of such capital by the issue of shares or by other means, is investigated with the object of placing any resultant recommendations before shareholders.
It might be fitting to very briefly describe the sequence in which this policy has developed.
The company's operations normally call for large quantities of bricks, in the production of which considerable power and coal are required, and when it became necessary to replace the original brick plant, the question arose whether a small plant, capable of supplying our own requirements only should be installed, or whether the installation should be of several times this capacity so that outside sales could be made. We decided upon the latter course and though the plant was not ready for production until after the peak of the last building boom, it will be in a position to benefit to the full when interest in building revives.
Considerable quantities of timber are used in the course of our mining operations and in extracting this from the forest, roads and/or railways have to be constructed and a forest staff employed. This being so, the way was paved for the extraction of all timber instead of just selected kinds and this gave rise to the acquisition of the plywood manufacturing plant. We have always had a sawmill of small capacity; and when the opportunity arose to acquire larger and more economical plant upon very attractive terms, this opportunity was taken. Plywood and sawmill plants inevitably produce a considerable quantity of solid waste which normally is destroyed. The avoidance of this destruction and the conversion of the waste into marketable products suggested the wood distillation plant. The felling of timber for the supply of the Company's general requirements renders available land suitable for agriculture, and in an endeavour to utilise such land experimental work has been carried out with various crops. In the meantime, we are doing nothing in the field, as our attitude is one of watching developments elsewhere.
The Cement Works, the possibilities of which we have investigated, would utilise for power and kilns very large quantities of coal, considerable quantities of shale—which is a waste product in the stripping of coal—and large quantities of limestone which would consume power in production. All these undertakings being grouped provide an excellent spread for those overheads and charges which are fixed whether one department or many are involved, and all the products, when transported over the F.M.S. Railways, represent an increase in traffic which in turn has the effect of increasing consumption of our coal.
I have already referred to the co-operation of the F.M.S. Railways in enabling us to resume the sale of your Company's coal in Singapore, and it is hoped that this mutually helpful policy can be strengthened and extended along the lines at present under consideration, and that further benefit will result not only to the Railway Administration, but also to your Company and to the country as a whole. Indeed, the full and orderly development of our proposals will not be possible without the consummation of this hope, or the putting into effect of alternative proposals which, though still of benefit to the Railways, may not utilise to an extent otherwise possible the railway facilities which exist.
To return to the year under review, the Brickworks were practically idle throughout, the only activity being in the production of firebricks and special shapes. The erection of all essential plant to make possible the commencement of small scale production of roofing tiles was completed, and the first tiles are now being produced.
Local clays are not easy to work, and the amount of investigation and experiments preliminary to manufacture has been very considerable indeed. However, capital outlay has followed investigation and the present plant, though laid out for a production which it is considered the market will be able to absorb, contains only those machines which are necessary to prove the product on a commercial scale.
The demand for the products of the Plywood department increased considerably and we can now claim to be established as a generally recognised producer of standard rubber chests which have fully withstood the tests of time. The introductory work on both the technical and sales sides has not been simple, but the results achieved during the year have fully supported our estimates of the possibilities. Prices have been very keen, but with the general improvement in commodity values which would seem to have set in, this position may soon right itself, especially as prices have not to appreciate very greatly to show us an entirely satisfactory return.
The increasing use of alternative means of packing rubber must inevitably continue to effect the consumption of plywood chests, especially where shipments are made direct from the producers of rubber to its consumers. This notwithstanding, it is thought that a demand for chests will continue, especially as it is unlikely that the cost of these in Malaya will ever again approach the prices which were demanded up to two or three years ago.
So that we may not be found unprepared in the unlikely event of rubber chests being entirely superseded, we are paying due attention to the development of alternative outlets for our rotary veneer. As a second string, we hope shortly to enter into the production of sliced veneer for general building and cabinet work both in this country and in export markets.
The erection of the wood distillation plant, to which reference was made last year, has been completed. A trial run of approximately a months duration, checked by a further run which has only quite recently been concluded, has produced quite satisfactory results and it is hoped to put the plant into regular commercial production at an early date.
As a matter of interest, I should like to mention that to facilitate the utilisation of the liquid byproducts of the distillation of wood, we have adapted part of the plant to the low temperature carbonisation of Malayan coal. To commence with, the throughput is small, but the oils produced will save the importation of similar products and we hope that this will be the forerunner of more important production.
The small pilot sawmill to which I have referred, has been erected from materials purchased with the large mill mentioned last year, and this will be used to prove costs and the suitability of products before further capital outlay on the larger mill is incurred.
Negotiations with Government regarding the area of some 25,000 acres of Forest land North of the Selangor River have proved rather more protracted than was expected. Final surveys are now in progress, and we trust that the outcome will make possible the acquisition of the area applied for upon mutually satisfactory terms.
The three miles of railway construction to which I have already referred as one of the capital works performed during the year, is an extension of our existing system into the Rantau Panjang Forest Reserve. While its primary object is to serve our current timber requirements, it is along the surveyed route of the line which we hope will eventually connect the proposed 25,000 acres of forest land with the mill at Batu Arang.
A considerable amount of further thought and work was devoted to the matter of the proposed Cement works at Batu Arang. Under the conditions which existed throughout the year, your Board were not disposed to place before you a recommendation to proceed with the installation. With most industries of the world, both primary and secondary, over provided with productive capacity, or at least with productive capacities considerably in advance of demand, it seemed unsound to advise the installation of this new plant. Added to this position, which will probably right itself in due course, was the trend of industrial development in Japan, or, to quote a Japanese authority, "the change in Japan from a negative trade policy, calculated to protect home industries, to a positive policy designed to systematise exports and to assist producers to overcome foreign suppressive measures against Japanese goods".
The development of Japanese exports has been truly amazing, and while it is evident that the ravaging of the markets of the world, with the combined aid of low wages, direct and indirect subsidies and heavily depreciated exchange cannot go on for ever, the Japanese manufacturer, while he enjoys the unstinted support of a steady and vigorous people, accustomed to and for the time satisfied with extremely simple conditions, must inevitably set entirely new standards of values in manufactured goods at least here in the East.
In all your Boards deliberations this aspect has been very prominently to the fore. While it is agreed that, subject to demand for Cement within Malaya, the proposed manufacturing plant could be expected to give an entirely satisfactory account of itself, the conditions ruling and the low visibility which throughout the year frustrated attempts to take a normal and legitimate commercial view of the future, did not ensure those auspices for the establishment of a new industry which the undertaking called for.
While the matter was still under consideration, we were asked to consider a proposal for the transfer to Batu Arang of a British plant which was quite recently installed not very far distant from Malaya. A proposed basis for negotiations was drawn up for the consideration of the Company concerned, and this provided for the ultimate abandonment of production at the present site, and the supply of the requirements of the territory which the plant thereon was designed to serve, from the plant as re-erected at Batu Arang.
Though your Board were attracted by a proposal which might reasonably be described as the transfer of production from a less economical site to a more economical one, thus avoiding a nett increase in productive capacity and competition between British interests, and at the same time definitely increasing this Company's prospective demand, it was finally decided not to develop the proposal for recommendation to shareholders for adoption by your Company alone.
Feeling that the principle was sound, and having regard to the fact that the primary object of your Board was to develop a demand for coal which is the main product of your undertaking, your Board have indicated to the Company referred to, a way in which we might co-operate with them in arranging for the transfer of their plant to Malaya. If this proposal should develop, each shareholder will be given an opportunity to participate according to his own wishes in the matter, while the Company's contribution and liability will be strictly limited to that which can be safely undertaken without resorting to the raising of capital, or in any way interfering with its dividend paying capacity.
In conclusion, I should like to say that your General Managers report very full support from the staff at Batu Arang, and your Board are fully appreciative of their services.
You will not wish to hear from me any reference to world economic conditions and I have no views to express, except that the year under review deserves credit for being one during which the world began to recover in spite of disorganised economic conditions, financial collapses, conference disappointments, political uncertainties and the one hundred and one minor adverse conditions which have prevailed. This I suggest is a most heartening achievement.
I will now formally propose that the Balance Sheet and Accounts to the 31st December 1933, and the Reports of the Directors and Auditors, be received and adopted, which resolution I will ask Mr. Martin to second.
Mr. Martin, in seconding the proposal, said: —
In seconding the proposal that the Balance Sheet and Accounts to the 31st December 1933 and the Reports of the Directors and Auditors be received and adopted, I should like to refer to the great loss which we have sustained by the death of Mr. J. A. Russell. The Chairman has set out our feelings in the matter, and I should like to associate myself very closely with the sentiments expressed.
The results which we are able to shew on the years working of your undertaking reflect the times through which we are passing, and I hope you are not disappointed. I now have much pleasure in formally seconding the resolution before the meeting.
Mr. Lim Cheng Law, on rising to support the adoption of the Report and Accounts said: —
I would like to associate myself with the remarks made about the late Mr. J. A. Russell whose death has been such a loss to Malayan Collieries, and his name will be ever fresh in our minds.
I feel confident that I voice the cordial opinion of shareholders present in stating that we have to-day listened with extreme interest to the reports and speech the Chairman has given us. In the circumstances, they display no mean achievement on the part of the personnel of the Malayan Collieries. It does not need much insight to observe the growth of public opinion on all vital matters that concern the welfare of such a great enterprise. These healthy signs point to the great pains and good efforts of the directors.
With these few remarks 1 have much pleasure in supporting the adoption of the report and accounts as presented and trust that the recommendations for the appropriation of the amount available for distribution be carried into effect.
Mr. John Hands then addressed the Meeting as follows: —
First of all I should like to express my appreciation of the kindly thought of the directors in placing $500/- at the disposal of the Malayan Unemployment Committees. Another item in your Report is that you refer to the visits paid to the Collieries, the largest party being the Engineering Association of Malaya. I was fortunate to be one of those visitors and I should like to say how much I was impressed, not only by the entertainment that the Board provided for us, but by the condition of the whole plant as it appeared to a mechanical engineer. I was also pleased to see that the Board has provided amenities for their staff and labour force, and I wish to congratulate them on that.
The Chairman. I thank both Mr. Lim Cheng Law and Mr. John Hands for their remarks. Before I put the motion to the meeting 1 shall be pleased to answer if I can, any questions bearing upon the Report and Accounts which shareholders present may care to ask.
No questions were asked and the Reports and Accounts were unanimously adopted.
The Final Dividend of 4% was unanimously approved on the motion of the Chairman seconded by Mr. F. Cunningham.
The Directors remuneration of $20,000/- for the past year was unanimously carried on the motion of the Chairman seconded by Mr. E. D. Butler.
Mr. W. H. Martin was re-elected a Director on the proposal of the Chairman seconded by Mr. A. J. Kelman.
Mr. F. Cunningham was re-elected a Director on the proposal of the Chairman seconded by Mr. R. C. Russell.
Mr. R. C. Russell was elected a Director on the proposal of the Chairman seconded by Mr. W. H. Martin.
Mr. H. N. Ferrers proposed and Mr. P. W. Gleeson seconded that Messrs. Evatt & Co. be re-elected Auditors for the ensuing year.
Mr. C. R. Harrison addressed the Chairman and stated that he was a shareholder resident in England, and that he would like the Board to consider the advisability of remitting dividends to shareholders resident in England in the same manner as some Tin Companies registered in this country. He would like to receive Dividend Warrants as soon as possible after they were declared without having to wait about a month while the warrants were in the post. He did not consider that this would entail much trouble and it would be convenient to receive the dividends as early as possible after declaration. The Chairman thanked this shareholder for his suggestion and promised to go into the matter.
Mr. W. H. Martin then addressed the meeting as follows: —
Gentlemen, I wish you to join with me in a hearty vote of thanks to the General Managers, Secretaries and the Staff at the Mine. I can assure you we are indebted to them for the services they have rendered the Company. We have had their unstinted co-operation and it gives me much pleasure to move this vote of thanks.
This motion was seconded by Mr. Lim Cheng Law amid applause.
The meeting terminated with a vote of thanks to the Chair.
Printed by Kyle, Palmer & Co., Ltd., Kuala Lumpur.
Above from: MALAYAN COLLIERIES LIMITED REPORTS & BALANCE SHEETS AND PROCEEDINGS AT ANNUAL MEETINGS 1926- 1935 & MALAY MAIL, SATURDAY, MARCH, 31, 1924, ps10 &13, under headlines Malayan Collieries Final Dividend, Meeting Passes Ten Per Cent Total for the Year, Chairman on Labour Position & “Truly Amazing” development of Japanese Exports, The Straits Times, 31 March 1934, Page 8 and p 9 MALAYAN COLLIERIES' YEAR. EARLY MONTHS AS 'DARKNESS BEFORE THE DAWN." THE BOARD'S POLICY OF DEVELOPMENT.
The Straits Times, 9 April 1934, Page 9 CHEERING WORDS AT NEW SERENDAH MEETING. Higher Profits, Dividend And Cuts Restored. (From Our Own Correspondent) Kuala Lumpur, Apr. 7. That part of the "cuts," imposed during the slump had been restored and a bonus given to the manager and his staff, and that the rising price of rubber had been responsible for an increased profit of $10,000 during the last three months, were the cheering words of Mr. D. H. Hampshire, presiding today at the annual meeting of the New Serendah Rubber Company. Ltd. It was also decided that the remuneration for the auditors Messrs. Neill and Bell, should be raised to the former amount, as matters were looking brighter. (Summary: conditions at beginning of 1933 had shown no improvement on preceding year but towards middle of year an upward improvement in price of rubber, no distribution to shareholders since 1929, payment of 2 ½% which will absorb the whole of the profit. Balance sheet, increased profits, Mr. Kennaway in close touch with estate, visits made by other directors, tapping good despite considerable movement in Chinese and Tamil labour. Whole of Chinese labour force left estate, barely sufficient labour for all routine work. Crop obtained 27,000lb under the estimate. Many estates not obtained estimated crops for past year due to adverse weather conditions and labour troubles. Yield highest recorded for one year in history of company. Policy of encouraging soft wood growths and ground covers continued. Experimental work under Mr. Rasmussen on oldest areas, remove bracken, and stagmoss. Close attention to forestry methods. Younger areas of 10 acres now 6 to 7 years old, still to be brought into bearing, first contour terrace planted area, no loss of top soil. Early months of 1932 effort to make ends meet, severe revision in salaries, manager accepted cut to his salary and the withdrawal of his transport allowance. Condition improved in middle of last year, one third of cuts restored, end of year bonus to manager and his staff. Beginning of this year further one third cut restored, subordinate staff salaries increased. As a result of reduction in salaries and various economies, company passed through slump with cash reserves intact. Table of last three years working. Loss of $8,572. Thank manager and staff, secretaries and agents for loyal cooperation. Forward contract. Proceeds. Messrs. R. C. Russell and M. J. Kennaway re elected directors.
The Singapore Free Press and Mercantile Advertiser (1884-1942), 11 May 1934, Page 12 • PASSENGERS HOMEWARD The following passengers are proceeding per s.s. Naldera sailing at 9.30 a.m. to-day Friday), for Penang Colombo. Bombay and Europe: - …Mr. R. C. Russell…. PASSENGERS. [Articles] The Straits Times, 11 May 1934, Page 3 • PASSENGERS The following are passengers by the P and O s.s. Naldera which sailed at 9.30 this morning for Penang Colombo. Bombay and Europe: - …Mr. R. C. Russell….
The Straits Times, 17 August 1934, Page 3 , The Singapore Free Press and Mercantile Advertiser (1884-1942), 21 August 1934, Page 12 RAWALPINDI. Passengers For Straits Ports. The Rawalpindi which left Marseilles on Aug. 10 carries the following passengers for Penang and Singapore: Mr. R. C. Russell….PASSENGERS [Articles] The Singapore Free Press and Mercantile Advertiser (1884-1942), 3 September 1934, Page 12 PASSENGERS The following were passengers for Singapore on the Rawalpindi which arrived on Friday. Mr. R. C. Russell….
The Straits Times, 20 September 1934, Page 9 • BIG PROFIT OF $56,934. • Amalgamated Malay Estates, Ltd. • A profit of $75,509 is reported by Amalgamated Malay Estates. Ltd. whose annual general meeting will be held on Sept. 26, at Kuala Lumpur. Of this sum, it is recommended that $51,457.84 representing a final dividend of seven per rent should be paid. The report states: (Summary: net profit $56,934, dividend of 7%, Jinjang Estate reopened, output, total crop 641,500lb, gross price realized averaged 14.47 cents per lb. A.B.C. system continued. Directors have made visits. Health satisfactory and labour force adequate. Area sublet for mining at Jinjang increased. Mr. Athorne granted 6 months special leave in April, Serdang estate been in charge of Mr. O. H. Halcrow. Jinjang temporarily supervised by Mr. G. Trevor Koch. Messrs. R. C. Russell and J. S. Weston were both absent on leave during the year under review and Messrs. J. H. Clarkson and A. Mustard acted as their alternates. Mr. J. S. Weston retires offer himself for re election) • (409 words)
1935
The Malay Mail, Wednesday March 6, 1935 page 13. and The Straits Times, 5 March 1935, Page 17 KAMASAN RUBBER. KAMASAN RUBBER REPORT QUOTA SURPLUS TEN PER CENT DIVIDEND FOR THE YEAR. The directors’ report for the year ended Dec 31, 1934 for presenting at the twenty-fifth annual general meeting of the Kamasan Rubber Co. Ltd., to be held at No. 1 Embankment, Kuala Lumpur, on Wednesday, March 13, at 2.30 p.m. states: The year’s working results in a profit of $28,414.14 of which $12,000 have been expended in payment of an interim dividend of 5 per cent leaving a balance of $16,414.14. To this has to be added $8,008.07 brought forward from 1933, making a total available of $24,422.21 which your directors recommend be disposed of as follows: - In payment of a final dividend of 5 per cent in respect of 1934 absorbing $12,000. Carry forward $12,422.21. Rubber Crop. The output for the year amounted to 341,500 lb of which, however, 17,864 lb represented a surplus over the estate’s export quota under the Restriction Scheme, and this has been taken into account at the cost of production. Sales realized an average gross price of 18.39 cents per lb., as compared with 9.06 cents in 1933. The area tapped averaged 506 acres, giving a yield per acre of 675 lb. the figures for the two previous years were: 1931, 492 acres, 648 lbs per ace, 1933, 501 acres, 664 lb per acre. Tapping continued on the ABC system. Rubber sales. No forward sales have been made. The output for the current year is naturally dependent upon releases under the International Agreement. The estate has been assessed for 1935 at 346.102 lbs. Condition of Estate. Your property remains in very good order. Labour and Health. Health has been good and the labour force was sufficient for all requirements. Investment. There have been no changes in the company’s investments. Management. Mr. A. G. R. Cowe remained in charge throughout the year. Directorate. - Messrs. R. C. Russell and A. Beckett retire by rotation and, being eligible, offer themselves for re-election. Auditors. Messrs. Neill and Bell, chartered accountants, the company’s auditors, retire and offer themselves for re-appointment. The report is signed by Mr. D. H. Hampshire as chairman.
The Straits Times, 15 March 1935, Page 9 • KAMASAN RUBBER'S JUBILEE. • 387 Per Cent Paid In Dividends. • The twenty-fifth annual general meeting of shareholders of The Kamasan Rubber Company Ltd., was held at the registered office of the company at Kuala Lumpur. Mr. M. J. Kennaway. The chairman, presided, and in moving adoption of the report and accounts said: (Summary: profit loss, profit of $28,414.14, dividend 5%, profits from last years working increased four fold, because of policy of international restriction which became law on June 1 of last year, thanks to those concerned who brought it about. Estate worked most economically. Balance sheet, investments. As chairman has been out of country for past 8 months he quotes from Mr. J. Murray’s report, impressed with bark renewal, few pests or diseases, standard of tapping good, average yield per tapper 20 1/2lb, tapping costs, good quality sheet, settled labour force at Kamasan unlike other districts, excellent order. Rise in yield maintained, unlike many of older estates, Kamasan silver jubilee, over 25 years distributed 387% in dividends. Full div. stage began in 1915, only passed 1920 and 1932. Cash reserves high, future appears prosperous, report and accounts adopted. Retiring directors Messrs. R. C. Russell and A. Beckett were re- elected. Auditors Neill and Bell reappointed.)(758 words)
Malayan Collieries, Ltd.
(INCORPORATED IN F.M.S.)
DIRECTORS' REPORT
AND
ACCOUNTS
For the Year Ended 31st December, 1934.
TO BE PRESENTED AT THE
TWENTY-FIRST ANNUAL GENERAL MEETING OF SHAREHOLDERS
TO BE HELD AT THE
Registered Office of the Company,
Hongkong & Shanghai Bank Buildings, Kuala Lumpur,
ON
Friday the 29th March, 1935,
At Noon.
J. A. RUSSELL & COMPANY, Ltd.
General Managers & Secretaries.
(INCORPORATED IN F.M.S.)
DIRECTORS, REPORT
AND
ACCOUNTS
For the Year Ended 31st December, 1934.
TO BE PRESENTED AT THE
TWENTY-FIRST ANNUAL GENERAL MEETING OF SHAREHOLDERS
TO BE HELD AT THE
Registered Office of the Company,
Hongkong & Shanghai Bank Buildings, Kuala Lumpur,
ON
Friday the 29th March, 1935,
At Noon.
J. A. RUSSELL & COMPANY, Ltd.
General Managers & Secretaries.
Malayan Collieries , Limited.
(Incorporated in Federated Malay States.)
Directors.
HUBERT HARRY ROBBINS, Esq. (Chairman.) FREDERICK CUNNINGHAM, Esq.
WILLIAM HENRY MARTIN, Esq.
ALBERT JAMES KELMAN, Esq.
ROBERT CECIL RUSSELL, Esq.
General Managers and Secretaries.
J. A. RUSSELL & Co., Ltd., Kuala Lumpur.
Consulting Electrical Engineers.
SPARKS and PARTNERS, London.
Registered Offices
HONGKONG & SHANGHAI BANK BUILDINGS, KUALA LUMPUR.
NOTICE IS HEREBY GIVEN THAT THE Twenty-first Annual General MEETING of the Members of the Company will be held at the Registered Office of the Company, Hongkong and Shanghai Bank Buildings, Kuala Lumpur, on Friday, 29th March, 1935 at Noon for the following purposes: —
To receive and consider the Balance Sheet and Accounts to 31st December, 1934 and the Reports of the Directors and Auditors.
To Declare a Final Dividend for the year 1934.
To Declare Directors’ remuneration for the year 1934.
To Elect Directors in place of those retiring.
To Elect Auditors for the ensuing year.
The Share Registers will be closed from Saturday, 23rd March, 1935 to Friday, 29th March, 1935, both days inclusive.
By Order of the Board,
J. A. RUSSELL & Co., Ltd.,
Secretaries.
Dated 15th March, 1935. Hongkong & Shanghai Bank Buildings, Kuala Lumpur, F.M.S.
Malayan Collieries, Limited.
(Incorporated in Federated Malay States.)
Directors' Report for the Twenty-first Year of the Company ended 31st December, 1934.
The Directors have pleasure in submitting their Twenty-first Annual Report and Statement of Accounts for the year ended 31st December, 1934, together with the General Managers' Report upon the working of the Company's undertakings.
Batu Arang Colliery. The quantity of Coal sold shewed an increase on the previous year due principally to contracts entered into beyond the normally competitive radius of deliveries. This made possible clearance of the stocks of small coal which were brought forward from the previous year. The lower prices realised upon these sales is reflected in our average returns per ton sold.
All plant and equipment, workings and roads were maintained in good order and condition and in readiness to respond to any increase in demand which may occur.
Pamoekan Bay Colliery, This property continued in charge of a caretaker and there is still no indication of that improvement in world conditions necessary to justify consideration of its re-opening.
General. Capital expenditure was on work of a general nature calculated to aid the costs and quality of the production of the various departments.
As in the previous year the subsidiary undertakings of the Company were operated according to demand. The Plywood Department operated at full capacity throughout the year, but the Clay-working Department was idle with the exception of the tile section which operated on a small scale.
The Wood Distillation Department operated intermittently and the year can be regarded as one of progress towards the most advantageous utilisation of the products
A certain amount of progress was made in the matter of securing to the Company its future timber requirements.
The proposals regarding the manufacture of Cement were in abeyance and continue so in the meantime. The position, however, is being carefully watched.
Investments. These remain unaltered.
Profits. The profits for the year under
review, subject to the Directors' and Auditors' Fees amount to ... ... $330,613.08
To which is to be added the unappropriated
balance from the previous year of ... 213,786.34
544,399.42
Deduct Three Interim Dividends each of 2 ½ %
totalling 7 ½ % on 257,505 shares were declared during the year absorbing ... ... 193,128.75
351,270.67
You will be asked to sanction fees to Directors in
respect of 1934 at the rate of ... ... $20,000.00
Auditors’ fees at the rate of ... ... ... 2,500.00 22,500.00
Leaving available ... ... ... ... 328,770.67
Which your Directors recommend should be dealt with as follows: —
Final dividend of 3 ½ making 11% for the
year 90,126.75
Balance to carry forward to next year's account ... $238,643.92
Directors. Mr. H. H. Robbins and Mr. A. J. Kelman being the Directors longest in office, retire under the provisions of the Articles of Association and being eligible, offer themselves for re-election.
Auditors. Messrs. Evatt & Co. retire and being eligible, offer themselves for re-election.
By order of the Board,
J. A. RUSSELL & Co., Ltd.,
Secretaries. Kuala
Malayan Collieries, Limited.
The Directors,
MALAYAN COLLIERIES, LTD., Kuala Lumpur.
Gentlemen,
We have pleasure in submitting herewith our report on the working of the Company's undertaking during the year ended 31st December, 1934.
BATU ARANG COLLIERY. The sales shewed an increase of 38% on the previous year although the increase in production was only 10%, the difference being due to the disposal of the stocks of small coal which were brought into the year. Considerable development work was carried out both below and above ground, part of this being of a compulsory nature, owing to the necessity for retaining on the property sufficient labour to cope with an anticipated increase in demand which did not materialise.
Production. As in the previous year, this was carried out chiefly in Nos. 1 and 2 districts of the East Mine and coal extraction was continued on the longwall principle. Second lift working was general in No. 1 district while work proceeded in No. 2 district in the first lift. Hydraulic stowing arrangements were satisfactory and work was carried out in a manner to ensure maximum extraction of the coal.
Underground Development. The work referred to in our last year's report was proceeded with. A commencement was made on the extension of the main dip and satisfactory progress was being made with the extension of No. 17 level to connect with the No. 3 Underground Coal workings. Work in Nos. 6 and 7 districts are also proceeding satisfactorily.
Opencasts. As in the past year, coal winning was as far as possible concentrated on Opencast No. 7. The South end was worked out and operations were mostly at the North end where the coal proved to be more extensive than our earlier computations had indicated. Preparations were commenced for an extensive stripping programme at Opencast No. 8 where opencast operations will be centralised for a number of years.
Coal Washery. The washery worked regularly throughout the year and operation was satisfactory.
Buildings and Plant. All Buildings and Plant were maintained in good order and several improvements in layout and working were made.
The power plant operated satisfactorily and fulfilled all requirements; practically all of the coal used for steam generation was of unmarketable quality.
An overhaul of the turbines was carried out and their condition was found to be satisfactory. Various minor repairs and adjustments were effected.
Capital Work. This was kept at a minimum necessary to effect improvements and to ensure maximum efficiency in working throughout the property. The more important additions included, European and Asiatic quarters, stores extension, railway sidings and a general remodelling of the railway yard, mine equipment, erection of sawmill, water supply extensions, wood preservative and disinfectant mixers and workshops machinery, the work being carried out within the estimated expenditure.
Labour. Precautions were taken to retain on the property as much labour as possible. On the whole the position was satisfactory and the beneficial effect of the relaxing of the regulations governing immigration was appreciated.Workmen's Compensation Enactment. This operated throughout and compensation in various degrees was awarded to injured workers.
PAMOEKAN BAY COLLIERY. The position is unchanged and the property continued in charge of a caretaker. The possibility of resuming profitable operations appears remote.
SUBSIDIARY UNDERTAKINGS.
Clayworking Department.
The continuous kiln remained shut down throughout the year and all sales requirements were met from stocks. The down draft kiln was shut down shortly after the middle of the year when the Brickworks Superintendent proceeded on home leave and to confer with expert authorities regarding the tile making problems which have manifested themselves and solutions of which are necessary to satisfactory commercial production.
Plywood Department. The production of the works amounted to slightly over 6,000,000 sq. ft. of plywood. The bulk of this was sold in the form of Rubber chests, the demand for which up to the latter part of the year was in excess of capacity. The local demand for plywood in sheets is increasing and this branch of the business is being developed.
Wood Distillation Department. The works have been in commission more or less throughout the year and the technical performance is now quite satisfactory.
Wood Preservative and Disinfectant mixers have been installed and satisfactory formulae have been evolved and proved for these two products both of which are about to be marketed.
Markets are being developed and it is expected that these will absorb the output of all products.
Timber. The pilot sawmill was erected and put into satisfactory commission. In addition to producing the sawn requirements of the property several parcels of lumber were prepared for trial shipment to London. Railway lines into timber areas have been extended in order to ensure ample supplies for all requirements.
Staff. Members of the staff have rendered excellent service and a good spirit of co-operation exists between departments.
General. The general health of the entire resident population continued to be exceedingly good and the same applies to the moral of the labour force.
The Clubs and Sports ground including the Cinema provided by the Company were again made full use of and were much appreciated by all concerned.
During the year we had the pleasure of conducting over the property several parties of visitors including a party from H.M.S. "Eagle" and "Veteran," the Siamese Delegates for the Joint Railway Conference, members of the Staff of the Forest Department and the Directors of Hong Fatt Mines.
We are, Gentlemen, Yours faithfully,
J. A. RUSSELL & Co., Ltd.,
General Managers.
Kuala Lumpur,
15th March, 1935.
(For accounts see M.C. page for 1935)
Above from: MALAYAN COLLIERIES LIMITED REPORTS & BALANCE SHEETS AND PROCEEDINGS AT ANNUAL MEETINGS 1926- 1935 & The Straits Times, 23 March 1935, Page 9 $330,000 PROFIT FOR MALAYAN COLLIERIES. Considerable Development Work Carried Out During The Year.
Malayan Collieries, Ltd.
(INCORPORATED IN F.M.S.)
PROCEEDINGS
AT THE
TWENTY-FIRST ANNUAL GENERAL MEETING OF SHAREHOLDERS
HELD AT THE
Registered Office of the Company,
Hongkong & Shanghai Bank Buildings, Kuala Lumpur,
ON
Friday the 29th March, 1935, At Noon.
Malayan Collieries, Limited
(Incorporated in Federated Malay States)
Hongkong & Shanghai Bank Buildings, Kuala Lumpur, F.M.S.
The Shareholders,
MALAYAN COLLIERIES, LTD.
Dear Sir, or Madam,
We have pleasure in reporting to you the proceedings at the Twenty-first Annual General Meeting of the Shareholders of the Company which was held at the Registered Office, on Friday, 29th March, 1935.
Yours faithfully, J. A. RUSSELL & CO., LTD.,
Secretaries.
Dated 29th March, 1935.
Malayan Collieries Limited
(Incorporated in Federated Malay States)
Proceedings of the Twenty - first Annual General Meeting
The Twenty-first Annual General Meeting of Malayan Collieries, Ltd., was held at the Hongkong & Shanghai Bank Buildings, Kuala Lumpur, at noon on Friday the 29th March, 1935.
The Chairman, Mr. H. H. Robbins presided and the others present were: —Messrs. W. H. Martin, F. Cunningham, R. C. Russell (Directors), W. G. C. Blunn, C. Crompton, J. Hands, P. W. Gleeson (Shareholders), and Mr. S. Brown representing the Secretaries.
The representative of the Secretaries having read the notice convening the Meeting, the Chairman, before moving the adoption of the Balance Sheet and Accounts to 31st December, 1934, addressed the Meeting as follows: —
Gentlemen,
As this is our 21st Annual General Meeting, before proceeding with the business of the day, I should like to mark the occasion by referring briefly to the Company's history. The Company was formed on 20th June 1913 with the late Mr. J. A. Russell as promoter and chairman, his associates being Messrs. A. D. Allan, Loke Yew, A. A. Henggeler, Foo Choo Choon and R. P. Brash. Had Mr. Russell been spared to preside here to-day, I feel sure he would have paid tribute to these gentlemen for their counsel and assistance in the early days of a business, which, as the result of the sound foundations then laid, has attained the position of one of the key industries of Malaya.
The record of the Company up to the beginning of the world wide economic difficulties from which we are now emerging, was one of practically unbroken progress. That we were greatly affected by these difficulties is not, I think, remarkable, especially as the position has been complicated by restrictions both natural and artificial; but given a revival of world trading conditions and a resultant lifting of restrictions, progress should once again mark the Company's career.
Naturally we hoped that on the occasion of our 21st birthday we should have a record year to place before you, but notwithstanding that, and the fact that the net earnings which we are able to disclose shew an inadequate return upon the foresight, capital, energy and confidence which have combined to make up your business, we feel that the report and accounts shew a steady maintenance of the soundness of the undertaking.
Meantime I hope the reduced reward of all that has gone to make the business what it is, and the energy and ability which have been devoted by all concerned to its control and management, is but a passing phase, and although its passing is of longer duration than we anticipated, and although the present is lacking in many of the essentials of a recovery, signs of that recovery are not entirely absent. Along this line of reasoning, however, pitfalls lie and before 1 am tempted to prophesy, I will return to the real purpose of the meeting, with an expression of the hope that the second twenty one years of the Company will be even more prosperous than the first. You would not wish me to express the hope that we may all forgather at this table twenty-one years hence to review the period which commences this year, and I will limit myself to the very sincere hope that all of us will still be shareholders but in happy retirement in our homelands.
The report and accounts having been in your hands for at least the prescribed period, I will, with your permission, take them as read.
The share capital remains unaltered. Last year, I indicated a proposal which was under consideration for the elimination of the 61,120 surrendered shares, but eminent counsel having advised that the action contemplated would in effect amount to a reduction of capital within the meaning of the Companies Enactment, and this being contrary to our object, the matter has for the time being been dropped.
The position relating to the Pamoekan Bay Colliery is unchanged and the property remains in charge of a caretaker.
The expenditure on Capital Account was, with the exception of that incurred on buildings, for the most part of a general nature, the largest individual item being the deviation and remodelling of our railway yard, which work is completed, and the extension of sidings to serve both sand and timber areas, that to the sand area also being completed. It will be seen that the expenditure on Capital Account is more or less balanced by the allowance for depreciation.
The amount of $178,200.00 allowed for depreciation is practically the same as that provided for the previous year. Upon a return to more prosperous times it will be advisable to increase this, but the amount allowed may meantime be regarded as ample provision for all requirements of a year during which the plant operated at less than 50% of its capacity.
The total under "Operating Stores and Spares and Trading Stocks" is lower by some $54,507.11, this being entirely due to the disposal of the large coal stocks to which I will again refer. The total figure of $586,708.54 is made up as to $375,617.96 of mines stores and spares, $95,682.42 of railway materials and $1 15,408.16 of coal, brick, plywood and wood distillation departments stocks.
After allowing for the reserve which remains unchanged at $135,000/-, "Sundry Debtors and Debit Balances" are approximately $50,000 higher. As against this, Sundry Creditors—after the deduction of $13,000 for Leave Pay and Passage Reserve which has been included with this item for the first time—is up some $49,000, this being due to the larger volume of business transacted and in some measure to the intervention of Bank holidays at the close of the year.
The item "Unclaimed Dividends" of $38,168.57 was approximately $2,000/- less than at the close of the previous year.
Investments remain unaltered as regards composition and though they are taken in as usual at book value, the actual market value shews an improvement of approximately 50%.
"Cash in Hand and at Bank" is up by $118,254.11, and after making adjustments to arrive at a fair basis for comparison, it will be seen that the "Cash" position has improved beyond the "Profits" position, this being due in a considerable measure to the conversion of stocks into cash.
Your Board still retain some $200,000/- on fixed deposit with your Bankers in preference to investing it in gilt edged stocks. With the trend of market prices it is questionable whether stocks of this description offer much more protection against capital depreciation than industrial debentures, preferred stock, or even carefully selected ordinary industrial shares. In any case, it is not the intention to reinvest these funds until the future outlook is clearer.
The "Trading and Profit & Loss Account" discloses higher working costs, lower returns in proportion to turnover and a net profit of $330,613.08 or some $17,790.03 better than that for the previous year. The increased costs were in part due to our action in increasing slump time wages as a result of the improved conditions in the Tin and Rubber industries and in the country generally an increase which the improvement in the demand for our product was not sufficient to counteract—and in part to a considerable amount of work of a development nature which was necessary to retain on the
property labour required to provide for the peak demand, both actual and anticipated.
The demand for coal within the F.M.S. did not increase in anything like the way that indications promised early in the year. It was, however, gratifying to note some improvement, and it seems probable that such improvement will continue. Erratic and uncertain demand creates difficulties in controlling costs, as at all times we must be in a position to respond to any demand placed upon us, practically at a moment's notice, and in complying with this fundamental requirement we cannot work to the minimum cost which otherwise would be possible.
While restriction has been the order of the day and the country's principal industries, tin and rubber, have enjoyed compensating advantages in the form of the higher prices, there has been no advantage to us to compensate for the reduced consumption of coal. We do not, however, quarrel with this fact and realise that we cannot thrive unless the country thrives, and if it is along the avenue of restriction that prosperity lies for the major industries of the country and for the country itself, that avenue we must tread in the hope of attaining our fair share of ultimate prosperity.
In order to even up an otherwise somewhat erratic and entirely inadequate demand, every effort has been made to secure business at distances beyond our normally competitive radius. With a continuance of the support and co-operation of the F.M.S. Railways these endeavours have been attended by a measure of success, and as there is still scope for development along these lines we must all hope that the return of prosperity to the Railways will not weaken a co-operative spirit which must inevitably be of advantage to the country generally. To ensure to us the maximum benefit from business of this nature, however, it should be in addition to a much larger volume of normal sales, than was the case last year, when its effect upon our accounts was not spectacularly advantageous. As against this, it enabled us to move off stocks which otherwise might have been with us indefinitely. Also, by increasing our turnover, it provided a larger spread for overheads which, owing to the state of constant readiness in which we are obliged to maintain ourselves, cannot be varied in step with turnover.
In considering the first interim dividend in March, your Board took a view of the likely trend of business and, being influenced by a more hopeful feeling regarding possible releases under the restriction Enactment over the balance of the year, and having regard to the more buoyant feeling which then prevailed generally, decided to lift the interim payments to 2 ½ %. We should now like to recommend rather more than 3 ½ % as a final, which makes a total of 11% for the year; but for the reasons stated, our hopes for the year were not realised, and it is felt that you would prefer the total distribution to be fully covered by the net earnings, and not at the expense of the carry forward, however substantial it may be.
Arising from a suggestion made by a shareholder at the last meeting, I should like to say that arrangements have been put into effect for the remittance of dividends to Home shareholders by air mail. After careful consideration, this course was decided upon as a compromise to the idea of establishing a Register in England. Home shareholders now receive their dividends some 10 days after payment here, and the dividend which it is proposed to declare to-day should be at their disposal by the 8th proximo.
The labour position during the year was not a simple one to understand or control, though a resumption of what practically amounted to a more natural flow from China and India eased the position materially towards the close. As regards Chinese labour the improvement of the exchange in favour of silver may prove to be a mixed blessing. It will, of course, benefit the man who is in China with silver currency with which to purchase a passage back to Malaya, but it will operate against a workman here in Malaya who may wish to remit money to China as a means of helping a friend or relation to square up his affairs to come to Malaya.
The Workmen's Compensation Enactment operated throughout the year, and the decision of Government, by amendment to the Enactment, to allow dependants of deceased workmen resident in China to benefit by the compensation, came as a contribution to a Law which, providing abuses are carefully checked and controlled, must be regarded as one of the most humanitarian measures yet enacted in this country. A Chinese workmen understands a cash payment for injuries incurred in the course of his work, but he does not understand or appreciate legislation or rules and regulations which compel him to observe anything more than natural conditions.
When last addressing you I dealt at considerable length with the policy of your Board and especially our policy in connection with your subsidiary undertakings and very brief reference to-day will, I think, suffice to bring the position up to date. As the policy is to develop these industries out of available profits, progress during the year under review was not very considerable.
The Brickworks were for the most part idle, this being due to lack of demand by the building trade. The small demand which did exist was supplied ex stocks which are still ample.
The small commercial scale tile plant operated up to about the middle of the year, but as by that time our materials were not producing a thoroughly uniform product to something like the rated capacity of the plant which is in fact of a pilot nature, and as we were determined not to market the product until we were satisfied with its quality, we decided to arrange for the collaboration of our Brickworks Superintendent with experts at Home, and this is now being done. As we have previously mentioned, Malayan clays are not easy to work on a full commercial scale, and while we hope for ultimate success, we can only repeat that capital expenditure on this section of our Clayworking Department has to date been preceded by research and experimentation and has been no more than that justified by the results of such work.
The Plywood Department operated full time throughout, but unfortunately, and primarily owing to our anxiety to meet customers in their requirements to cope with the heavy shipments of rubber just prior to the enforcement of restriction, our stocks at the works were depleted and with the heavy orders on hand it was not possible to build them up again until the end of the year. During that time our deliveries were irregular and to those who were inconvenienced in this way I would add to the apologies already conveyed by the General Managers, the regrets of the Board who offer every assurance that with the capacity of the works accurately gauged, deliveries in the future can and will be punctually made.
The Wood Distillation Department shewed a satisfactory return both technically and economically and indications are that during the current year the demand for its products will be such as to keep it fully employed.
Work in connection with the timber business was confined to the operation of the pilot sawmill, the completion of a check-survey of the area applied for—resulting in a revision of the original boundaries—and a further extension of the railway into our existing areas, which extension will also serve the larger area. The negotiations referred to when last addressing you are not yet concluded owing principally to the delay caused by our survey revisions.
The position with regard to the proposed Cement works is very much the same as it was at the time of my last reference. We are watching the position carefully and nothing from a technical point of view is being lost by the delay, as the design of Cement making machinery is undergoing changes which may be of far reaching importance and meantime threaten comparatively recent plants with obsolescence of important and costly items of plant.
In conclusion I should like to say that the staff at Batu Arang has rendered loyal and efficient service throughout a year which was not in any sense free from worrying problems.
Up to this stage I have deliberately refrained from making any predictions of the future. Your Board hoped that the year under review would be a somewhat better one, and so long as the present uncertainties in world affairs continue, there is the constant danger that something may occur to still further upset the flow of international trade, with a resultant set back to spoil yet another year. On the other hand, if nothing untoward happens,
and confidence and world trade are generally restored, Malaya should once again demonstrate its remarkable recuperative powers, which are only comparable with its powers of endurance in times of stress and strain.
I trust I have dealt with everything that is expected of me, and I will now formally propose that the Balance Sheet and Accounts to 31st December, 1934, and the Reports of the Directors and Auditors be received and adopted, which resolution I shall ask Mr. Martin to second.
Mr. W. H. Martin. I have pleasure in seconding the resolution before the meeting that the Reports and Accounts as presented be adopted.
The Chairman. Gentlemen, Before 1 put the motion to the meeting, I shall be pleased to answer if I can, any questions bearing upon the report and accounts which shareholders present may care to ask.
Mr. J. Hands addressed the meeting and said that he had no questions to ask, indeed, the Report and Accounts were all that could be expected.
All he had to say was that he would ask the Board to proceed slowly in extending the subsidiary undertakings. There was considerable capital already employed and he would like to see the energies of the Company continue to be applied primarily to the getting of coal.
The Chairman thanked Mr. Hands and said that the present policy of the Board was not conflicting with his counsel.
No questions were asked and the Report and Accounts were unanimously adopted.
The Final Dividend of 3 ½ $was unanimously approved on the motion of the Chairman seconded by Mr. W. H. Martin.
The Directors remuneration of $20,000/- was unanimously approved on the motion of the Chairman seconded by Mr. P. W. Gleeson.
Mr. H. H. Robbins was re-elected a Director on the proposal of Mr. W. H. Martin seconded by Mr. F. Cunningham.
Mr. A. J. Kelman was re-elected a Director on the proposal of Mr. H. H. Robbins seconded by Mr. R. C. Russell.
Mr. J. Hands proposed and Mr. W. G. C. Blunn seconded that Messrs. Evatt & Co. be re-elected Auditors for the ensuing year.
Mr. W. H. Martin then addressed the Meeting as follows: —
Before this meeting closes 1 should like you to record your appreciation of the services rendered the Company to all those connected with the management of the Company's affairs.
We have had a very wholehearted co-operation from them all which your Board has very much appreciated. This meeting I am sure would also like to show its appreciation. I therefore propose, for shareholders approval, that our best thanks be given the General Managers, Secretaries and Staff at the mine for their services during the year.
This motion was carried unanimously.
The meeting terminated with a vote of thanks to the Chair.
Above from: MALAYAN COLLIERIES LIMITED REPORTS & BALANCE SHEETS AND PROCEEDINGS AT ANNUAL MEETINGS 1926- 1935 & The Straits Times, 30 March 1935, Page 9 EARLY IMPROVEMENT NOT SUSTAINED, & The Straits Times, 1 April 1935, Page 11 MALAYAN COLLIERIES 21 YEARS OF PROGRESS Full Report Of The Annual Meeting. CAPITAL CHANGE ABANDONED. Increased Working Costs Last Year.
The Straits Times, 3 April 1935, Page 9 , and UTAN SIMPAN RUBBER PAYS 5 PER CENT. [Articles] The Singapore Free Press and Mercantile Advertiser, 13 April 1935, Page 10 DIVIDENDS TOTAL 373 PER CENT. • Utan Simpan Rubber. • RECOVERY FROM SLUMP. • The fact that since its incorporation in 1910 the company had paid dividends totalling: 373 per cent, was recalled by the chairman, Mr. D. H. Hampshire, at the annual meeting in Kuala Lumpur of the Utan Simpan Rubber Co. Mr. Hampshire said: Conditions during the year improved considerably and higher prices obtained for our produce may be attributed chiefly to the introduction of restriction of crops under the international agreement which came into force on June 1. (Summary: profit for year $32,828.29, final div. 3%, reserve fund, company in difficult position from 1930 to 1932. Hope for stable conditions in next 4/5 years, build up cash reserves, company incorporated in 1910, total dividends 373%, investments, debts liquidated. Bracken and stagmoss eradication continues, examination of tress for root diseases, only 1% too badly diseased for treatment. Labour difficult, buildings in good order except factory in Utan Simpan division which will have to be replaced. Final Div 3% Retiring director Mr. R.C. Russell re-elected ) Neill and Bell reappointed auditors.) (597 words)
The Straits Times, 3 September 1935, Page 16 ESTATE OWNERS' ASSOCIATION. New Council Members. At the annual meeting of the Malayan Estate Owners' Association at Kuala Lumpur on Saturday, council members were elected as follows: — Selangor Messrs. W. A. Stanton ,Choo Kia Peng, C.B.E., R. C. Russell etc (234 words)
The Straits Times, 9 September 1935, Page 9 • RECONSTRUCTION PROPOSAL. • SELANGOR COCONUTS LIMITED. • MAKETABILITY OF SHARES • An extraordinary general meeting of Selangor Coconuts, Ltd, is to be held at Kuala Lumpur on Nov 13 to consider resolutions authorising the reconstruction of the company- that is, to wind up the present company and form a new one under the same name. • In a circular issued by the secretaries, Messrs. Boustead and Co., Ltd., to shareholders along with proxy forms, the position is stated as follows: (Summary 7 years fall in price, shares fallen away to 30 cents, no market for shares, impossible to sell, unlikely that copra market will ever again approach level of 1928-9, issue of capital needs to be written down. Shareholders get three new shares in exchange for 10 old ones held. Yields from property below average. Total cost to wind down old company and create new is $650. Annual report. 24th AGM held on Sept 18. Net profits, div of 1 ¼ %, crop harvested, average yields. Mr. Douglas retired. Mr. P. C. Fisher appointed visiting agent. Estate in good order. Estimates for 1935-6. Two forward contracts. Jointly with neighbouring property the Gadong Estate share services of Mr. T. Neilson as manager. Mr. R. C. Russell retires offers himself for re-election. Messrs Neill and Bell auditors offer themselves for re appointment.)
The Straits Times, 13 September 1935, Page 9 and AMALGAMATED MALAY PAYS 11 PER CENT [Articles] The Singapore Free Press and Mercantile Advertiser , 21 September 1935, Page 10 AMALGAMATED MALAY. "PERFECT CONDITION" OF THE ESTATES. DIVIDEND MAKING 11 PER CENT. The nineteenth annual general meeting of shareholders of Amalgamated Malay Estates, Ltd., was held at the registered office of the company, No. 1 Embankment, Kuala Lumpur, on Tuesday, Sept. 10. Mr. R. C. Russell presided. After notice convening the meeting was read by a representative of the secretaries, Messrs. Boustead and Co., Ltd., the chairman addressed the meeting as follows: -I presume the directors’ report and accounts having been in your hands for the prescribed period, you will allow them to be taken as read. Before proceeding with the business before the meeting, I must refer to the very serious loss the company and your board has sustained by the death of Mr. J. S. Weston. Mr. Weston was a member of your board for 12 years and also acted as visiting agent and I can state that during that period his advice as a practical planter was of the greatest assistance to the board, his keenness in the matter of the efficient and economic working of the company was unbounded and is sadly missed. Our sympathy is extended to his widow in her bereavement and I would ask the secretaries to convey the same to her. We have been fortunate enough to persuade Mr. Andrew Mustard to fill the vacant seat on the board and also to be the company’s visiting agent and later on you will be asked to confirm his appointment as director. Distribution of 11 Per Cent. Turning to the accounts you will see that the profit for the year under review amounted to $82, 316,03, an interim dividend of 5 per cent was paid and your directors recommend a final dividend of 6 per cent, making 11 per cent for the year, a result, I think, you will agree is very gratifying. It may strike you as shareholders that our investment account standing at $122,634 and cash with bankers at $75,327. 19, a total of $197,961.19 is far and away in excess of the requirements of the company and should be properly be distributed among you. These investments have accumulated in the main from the revenue derived from mining on the Jinjang Estate and I may say that, as soon as the area is worked out, (probably in about 3 months time), it is the board’s intention to recommend that these receipts be distributed by way of a reduction of capital. Scheme Being Prepared Until we finally know the sum total we will receive from this area it is hard to know to what extent the capital of the company will be reduced, but your board have a scheme which will be submitted to you in due course for your consideration and approval whereby not only will the capital be reduced but the new shares be of $1 nominal value instead of the present $2 shares, the number of the new $1 shares to the existing $2 shares and the cash distribution can, as I said before, be only determined when the mining area is worked out. Condition of Estates Mr. Andrew Mustard visited the company’s properties on August 2nd and 3rd and his report is to the effect that the two estates are in perfect condition. Tapping ceased on Jinjang last October, the company’s standard of production being easily obtained from the Serdand Division, tapping there has been on the A.B.C. system and Mr. Mustard has suggested- a suggestion which is being carried out- a re-orientation of the fields so that the various fields comprising the blocks A.B. and C. be more contiguous than they are at present, thereby effecting better supervision and cheaper working. I cannot do better than to quote from Mr. Mustard’s report under general. With regard to Serdang Estate he writes, “ the Estate is, I consider, in excellent order and one of the best estates I have had the pleasure of inspecting” and he made a similar reference to the condition of Jinjang Estate. The high yields on Serdang estate referred to by the Chairman at the last annual meeting continue to be maintained and the labour situation at Serdang is eminently satisfactory. I do think I have anything further to say and therefore, I propose the directors’ report and accounts for the year ended June 30, 1935 as presented, be adopted and passed and I will ask Mr. Chisholm to second the proposal, but before putting it to the meeting I shall be happy to answer to the best of my ability any questions shareholders may care to ask.” No questions were asked and the proposal to adopt the report and accounts was carried unanimously. A final dividend of 6 per cent in respect of the past year was declared. The retiring director Mr. C. J. Chisholm, was re-elected and Mr. A. Mustard’s appointment to the board in succession to the late J. S. Watson was confirmed. Messrs. Neill and Bell were re-appointed the company’s auditors for the ensuing year. There being no other business the meeting terminated with a vote of thanks to the chair.
The Malay Mail, Friday, September 13, 1935 Page 10 Captioned Photograph Mr. “Bob” Russell and his bride, photographed after their wedding this morning. Mr. “Bob” Russell married. Surprise Wedding by Special Licence. Mr. Robert Cecil Russell, the Managing Director of Malayan Collieries, Ltd., was this morning married by special licence by the Kuala Lumpur Magistrate to Miss. Lola Margaret McColl, of Kansas City, Missouri. U.S.A. Besides the parties and the Magistrate, Mr. F. K. Wilson, the only people present at the ceremony were the witnesses Mr. P. B. Ford and Mr. H.H. Robbins. Mr. Russell’s engagement had been kept a close secret, and only a very few people in Kuala Lumpur knew this morning that he was about to be married. Miss. McCall, now Mrs. Russell, is hardly known in Kuala Lumpur. It is understood that she met Mr. Russell when she was staying for a short time in Malaya during a Far Eastern trip. Mr. Russell besides being Managing Director of Malayan Collieries, Ltd., is a director of J. A. Russell and Co., of Amalgamated Malay Estates Ltd., and several other companies. He is Vice President of the Selangor Club. He has been in Malaya for about 25 years.
The Straits Times, 15 September 1935, Page 24 Mr. R.C. Russell and Miss Lola McColl marriage photograph. • DAY TO DAY [Articles] The Singapore Free Press and Mercantile Advertiser, 17 September 1935, Page 8 • DAY TO DAY Mr. R. C. Russell of Messrs. J. A. Russell and Company Penang, was married on Saturday before the registrar of marriages, Mr. F. K. Wilson, to Miss Lola Margaret McCall of Kansas City. The marriage was witnessed by Mr. H.H. Robbins and P. Bernard Ford.
1936
The Straits Times, 25 March 1936, Page 10 • Untitled [Articles] The Singapore Free Press and Mercantile Advertiser, 27 March 1936, Page 7 • Mr. R. C. Russell who had a serious operation in Singapore nearly a month ago, has gone on a six weeks round tour to Japan with Mrs. Russell.
The Straits Times, 1 April 1936, Page 7 • MALAYAN COLLIERIES' GOOD YEAR. • CHAIRMAN REVIEWS ACTIVITIES. • Why Singapore Municipal Contract Was Lost. • (From Our Own Correspondent.) Kuala Lumpur, Mar. 31. • “ The interests of your company run on lines parallel to the prevailing conditions of the country, and such conditions having improved greatly during the year, it gives me much pleasure in presenting to you a report which maintains the upward trend which was indicated when I last addressed you,” said Mr. H.H. Robbins, presiding at the 22nd annual general meeting of Malayan Collieries, Ltd., held today, at Hong Kong and Shanghai Bank Building, Kuala Lumpur. Before presenting the report and accounts the chairman said that the absence of Mr. R. C. Russell was due to the fact that he had been ill and was convalescing. (2360 words) ( See Collieries page for report of meeting)
The Malay Mail, Friday July 24, 1936, page 5. Dispute Over Chinese Lunatic’s Large Estate. The Will of Mr. Khoo Khye Cheah. Penang Lawyer’s Evidence of Signing of Codicil. Evidence given by Mr. R. C. Bishop, of Messrs. Presgrave and Mathews, solicitors and advocates, Penang, and Dr. James Gossip, in London, was read in the Supreme Court yesterday during the hearing of the civil action concerning the will of Khoo Khye Cheah (deceased), who left an estate valued at more than a quarter of a million dollars. Mr. R. C. Russell, the plaintiff in the case, seeks to propound a will made by the deceased in 1897, under which four surviving sons of the deceased are residuary legatees. Khoo Boo Hooi, an adopted son, seeks to propound a codicil dated May 22, 1928 to the will executed in 1897 under which Khoo Boo Hooi is added as one of the residuary legatees. (Summary: Mr. P. B. Ford for the plaintiff, deceased taken to China in 1905 and certified insane. Back in this country in 1917. After order of lunacy made Mr. Russell was appointed (in 1907) on committee of estate and continued to act up to the time of death in Jan. 1935. He had been requested by the four sons to apply for letters of administration for estate. Mr. Russell was appointed administrator pendent elite and by agreement of all parties he should propound will of 1897. Mr. Bishop acted for deceased in 1928, K.K.C. was lucid then. Dr Gossip gave cert. to say he was of sound mind, though an interpreter. Russell’s solicitors Ford and Delamore not told about codicil.. deceased may have been helped to sign document.)
The Malay Mail, Saturday July 25, 1936, page 3. Dispute Over Large Chinese Estate. The Will of Mr. Khoo Khye Cheah. Sharp Altercation between Two Solicitors On Presentation of the Evidence. (Summary: mention of suppression of a damning document and use of gun caused sharp altercation between two solicitors. Anger over solicitor for defendant not calling him as witness. Arguments over original documents and copies. Long discussion between counsel and judge. Defendant called as witness. Cross examined by Mr. Ford: ‘You knew Mr. J. A. Russell was committee to your father’s estate? - Yes. You wrote a letter to him in connection with this matter? - Maybe. I will show you the letter. The following letter was read: “ I have the honour to bring these few lines to your knowledge that I Khoo Boo Hoi is the fifth son of Khoo Khye Cheah and my mother, the deceased Ung Guat Neo of 62 Muntri Street, Penang. I am an adopted son of Khoo Khye Cheah and Ung Guat Neo. I have proves in writing in English regarding my adoption and they give me strong standing to fight against my brothers, who so far have kept me blank, either in conversation or in matters of terms. I this day correspond with you in the hope to hinder their anxiety. So far, that they went, as to stop me from coming in my mother’s intestate estates, which is to be transferred to Khoo Khye Cheah’s estates . Are you going to interview with me at K. Lumpur or by correspondence? A reply to this shall convince me.” The reply from J. A. Russell & Co. stated:” In reply to your letter of the 15th instant informing me that you are by adoption the fifth son of Khoo Khye Cheah and his wife the late Mrs. Ang Guat Neo. I have to say that although I have been acting as committee of the Estate of Khoo Khye Cheah for the past twenty years this is the first time that I have heard it suggested that there is a fifth adopted son. If you should care to call to see me and to produce for my inspection all the evidence that you have in support of your claim, I should be pleased to meet you” Defendant is questioned about the part he played in getting the certificate of sanity and the codicil written and his ownership of a gun at the time. Case adjourned till Saturday.)
The Straits Times, 25 July 1936, Page 12 HEATED ARGUMENT IN K.L. WILL DISPUTE. Judge Asked To Make Defendant Give Evidence.
The Singapore Free Press and Mercantile Advertiser (1884-1942), 25 July 1936, Page 6 Son Tries To Stop Father Signing Codicil To Will AMAZING STORY AT K. L. (From Our Own Correspondent) Kuala Lumpur, July 23. THE story of how a son attempted to prevent his father, certified as a lunatic some thirty years ago, from signing a codicil to a will which gave the adopted son an equal share in the estate. “ Mr. Russell gave evidence producing the original will of 1897, and stated that he had been looking after the deceased’s estate for the past 28 years.” (Summary: Dr. Albert S. McKern examined K.K.C. in 1928, physically OK and also tested his memory and mental capacity. K.K.C. had said he wished to alter will and divide property among all 5 sons. When he was about to sign codicil a natural son struck him on the hand, then snatched the document passed it to a woman who ran off with it down the street. Police were called to recover the document. Document eventually signed. Further codicil signed two days later revoking previous one.)
The Straits Times, 25 July 1936, Page 12 • RICH CHINESE LUNATIC'S ESTATE. Extract from court case: “ After the order of lunacy had been made Mr. Russell was appointed the committee of the estate and had continued to do so up to the time of Khoo Cheah’s death in January 1935. He had been requested by the four natural sons to apply for letters of administration of the estate, which consisted of considerable property in the F.M.S. Mr. Russell was appointed administrator of the estate pendent lite and by consent of all parties it was agreed that he should propound the will of 1897” (1110 words)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 27 July 1936, Page 6 Counsel Asks Judge To Order Defendant Into The Witness Box ARGUMENT IN WILL CASE (From Our Own Correspondent) Kuala Lumpur, July 24. HEATED argument between lawyers because the defendant was not to be put in the witness box took place in the Kuala Lumpar Supreme Court today
The Straits Times, 31 July 1936, Page 14 Counsel's Tactics Criticised In Will Case. "ATTEMPT TO PREVENT A FULL INQUIRY." (From Our Own Correspondent.) Kuala Lumpur, July 30. (Summary; Mr. Ford criticized the way the proceedings had been conducted. Defendant solicitors had “ continuously been putting the view that Mr. Russell, the plaintiff in the case, was not entitled to take any part in the proceedings, although he was by common consent appointed to be the person to propound the will of 1897.” Crticised other tactics and the non production of Dr. Gossip’s certificate. Case adjourned till Aug 11)
The Singapore Free Press and Mercantile Advertiser, 1 August 1936, Page 6 Legal "Tactics" In Will Case SOLICITOR CRITICISED Kuala Lumpur, July 30. “| WISH to refer to the manner in which these proceedings have been conducted and I cannot help saying that I deprecate the tactics that have been adopted by counsel for the defendant," said Mr. P. B. Ford, in his closing address.
The Straits Times, 6 August 1936, Page 12 • KUALA LUMPUR'S NEW CINEMA. • Big Crowd Attends First Night At Pavilion. • (From Our Own Correspondent.) Kuala Lumpur. Aug 6 • KUALA LUMPUR’S first new cinema, the Pavilion Theatre, opened last night with a crowded and enthusiastic audience. Every bookable seat in the theatre had been taken days before the opening, and last night crowds of men and women were turned away after the few remaining seats had been snapped up. • A queue had formed hours before the opening, and large crowds watched members of the Selangor royal house, the British Resident, the Federal Secretary, Federal Councillors and Kuala Lumpur’s most prominent citizens arrive and leave. • The main picture shown,“Top Hat”, scored a tremendous success, just as it has done overseas and in Singapore. The police band played in the orchestra pit for some time before the opening, and then the programme began without any speeches. The pictures were shown without a hitch, and the acoustics were excellent. • A Distinguished Audience. • Among those who accepted invitations to attend the opening performance were: The Raja Muda of Selangor, Raja Bendahara, the British Resident of Selangor, (the Hon. Mr. T. S. Adams) the Federal Secretary, (the Hon. Mr. C. D. Ahearne) Mrs. A.K. a’ Beckett Terrell (wife of the acting Chief Justice, who is away at Ipoh, the Hon. Mr. E.D. Shearn, the Hon. W.S. Reeve –Tucker, the Hon. Mr. C. G. Howell, the Hon. Mr. Lai Tet Loke and Mrs. Tet Loke, the Hon. Mr. W.G. C. Blunn and Mrs. Blunn, Raja Haji Abdullah, Mr. Justice Pedlow and Mrs. Pedlow, Dato Haji Hassan, Dato Kaya Abdul Hamid, Major G. M. Kidd, Mr. and Mrs. A. H. Dickinson, Mrs. Loke Yew and the Misses Loke Yew, Mr. J. Hands, Dr. H. M. Soo, Dr. and Mrs. J. Coutts Milne, Mr. Khoo Teik Ee, Mr. J.J. Sheehan, Mr. C. A. Dakers, Mr. and Mrs. R. C. Russell, Mr. and Mrs. J. C. G Spooner, Mr. and Mrs. J.H.M. Robson, Mr. Allen Loke, Mr. F. W. Douglas, Mr. H. B. Tallala, Mr. and Mrs. R. H. Steed, Mr. and Mrs. San Ah Wing, Mr. F. W. Palmer, V.C., Inche Abdul Rahamn and Mr. J. A. Mallon.
The Singapore Free Press and Mercantile Advertiser, 6 August 1936, Page 6 and SMALLHOLDERS WHO LOSE THEIR PROPERTY. [Articles] The Straits Times, 5 August 1936, Page 12 , Plea For Government Clemency. SMALLHOLDERS WHO LOSE THEIR PROPERTY. MALAYAN ESTATE OWNERS MEET IN K.L. Plea For Smallholders TROUBLES LARGELY DUE TO THEIR OWN IGNORANCE (From Our Own Correspondent) Kuala Lumpur, Aug. 3. “I HOPE one can say that the slump is over; during the slump the slogan 'equal sacrifice for all' was more or less true; now that things have improved many a planter has had forced on him more than his fare share of post slump economies, and I rather suspect that this fact was just what Government was looking for when considering the incidence of taxation on the rubber industry in Malaya” • These remarks were made by Mr. Choo Kia Peng. C.B.E. in his address at the annual meeting of the Malayan Estate Owners’ Association held on Saturday at the offices of the secretaries in Market Street, Kuala Lumpur. (Summary: Mr. Kia Peng on smallholders not being treated worse through ignorance of rules. Total acreage, needs more members, affiliation with UPAM, quit rents, slump over, smallholder difficulties, government regulations, felling of trees, paying arrears, loss of property, titles, licences, broken planting conditions, Chettiar holdings, thanking officials, restriction, schemes of control, increase in years subscription, minutes in Chinese and Tamil, traveling expenses of members, council members need to represent independent plantation owners, following elected members to council list inc. R. C. Russell as one of members for Selangor. )(1509 words)
The Sunday Times, 9 August 1936, Page 6 • CLUB QUARTERS WERE "DANGEROUS" LAST NOVEMBER • Startling Evidence At Inquest On Crash Victims • MONTHS OF TALK, VISITS, MEETINGS AND PLANS • (From Our Own Correspondent.) Kuala Lumpur, Saturday. • HOW an order was served by the Sanitary Board on the Selangor Club on Dec. 21, 1935, stating the boys' quarters were dangerous to the occupiers and that steps must be taken within a month from that date to “abate the nuisance” or demolish the building and how more than a month later the official who framed this order was told by the Chairman of the sanitary Board who had originally signed the order, not to take further action was described today at the continued hearing of the inquest following the collapse of the boy’s quarters on July 12. • The inquest is on a child, who was killed outright, and a man who died later, and is being heard by Mr. J. Calder, the Kula Lumpur First magistrate. • Cyril Oswald Jennings, Building Inspector, Kuala Lumpur, described why he issued the order and dramatic extracts from letters between the Sanitary Board, the Vice President of the Selangor Club and Jennings were read in court. • Architects Reference to “Gross Negligence” • In evidence Mr. Jennings said that Mr. R. C. Russell, then vice -president of the Club, visited him about the end of last November and said: “ Look here, Jennings the Federated Engineering Co. can repair this building for $2,000. What is your opinion?” he replied that Mr. Russell might as well throw his $2,000 down the drain. • (Summary: (Mr. Jennings 15 years experience as a building inspector, received a report from Health Inspector on Nov 5, 1935 that iron pillars, beams and staircase in bad condition. Visited building. Decided it was dangerous due to corrosion. Said it should be demolished. Took it to sanitary Board for signature on Nov 18. Chairman Major G. M. Kidd wanted to see building before signing. He and Mr. McIntyre then acting Town Engineer inspected. Threw a piece of iron stanchion onto ground where it broke into pieces. Order to demolish within one month served on club on Dec 21) Mr. Jennings described a subsequent interview with Mr. Russell. Mr. H. C. Willian, Deputy Legal Advisor, conducting the proceedings, produced a letter from Mr. Russell to the secretary of the Selangor club, reading the extract: “ I have seen the Sanitary Board authorities and have arranged the steel frame of the building shall be stripped and scaled, when a thorough examination can be made of the structure” • “Is this correct?” asked Mr.Willan. “ I don’t think so. In fact I know it isn’t”, replied Mr. Jennings. • Mr. Wiillan read another extract” “The Sanitary Board are of the opinion the building can be patched and made safe, but taking a long view their opinion is that demolition and reconstruction would be in the best interests of the Club.” • Mr. Jennings said, “ I didn’t tell him the building could be patched and made safe” • (Summary: Jennings describes meeting with chairman of board, with Mr. A. O. Coltman, Club architect, the secretary of the Club, Town Engineer and Mr. Savage of Federated Engineering Co. Suggested rope round building and cars not allowed to parked near it. Notice was put up. Dec 12 he visited building with Mr. Savage. Mr. Savage wrote to club about substituting new steel work. Not told by sanitary board that notice of demolition served on club had been cancelled. Was told to take no further action and that club would submit plans. On July 10 went to F.E.Co. to have plans altered and spoke about which beams replaced and which left out of plans. Told them of history of building and dangerous condition. Repairs would need care. Jennings said cause of collapse was that shores had been placed near excavation and had slipped into ten-inch hole. Ignorance and carelessness in shoring up building. No supervision of workforce. Mr. Coltman, architect, described visit to building, pillars bad, rusted through, concrete floor upstairs shaky said it should be demolished. Mr. Wilson secretary of club agreed. Club authorities did not consult him once contract given to Fed. Eng. Co. F.E. Co. represented by Mr. E. D. Shearn, asked Mr. Coltman if he had advised occupants to be evacuated. Coltman would have given job to reliable contractor, and insisted on supervision. • Coolies Evidence, Hooi Cheng bored through iron pieces on floor upstairs, had had orders to replace anything broken, rain and strong breeze night before, coolies had not removed bracing end of building. Mr. A.O. Coltman visited on Nov 19, pillars in very bad condition, bars joining the sides of H shaped pillars rusted through, building should be demolished. Told Mr. J. T. Tosswill representing Selangor Club that bracing was essential because it prevented lateral movement. Hearing adjourned till Monday.) • (1594 words)
The Straits Times, 10 August 1936, Page 13 • GROSS NEGLIGENCE ALLEGED BY ARCHITECT. • Evidence At Selangor Club Inquiry. • DISCLOSURES BY BUILDING INSPECTOR. (From Our Own Correspondent). Kuala Lumpur, Aug. 8. • SERIOUS statements were made by the building inspector and the architect in their evidence at the inquiry into the Selangor Club disaster, on its resumption today. • The building inspector told how he served a notice relating to the dangerous condition of the servants’ quarters, the collapse of which resulted in the death of a club boy and a child. • The architect related how he advised demolition; and declared that “it was grossly negligent to allow unskilled labour to work without supervision. • The inquiry is being held by Mr. J. Calder, the Kuala Lumpur first magistrate, and the first witness today was Mr. Cyril Oswald Jennings, Building Inspector, Kuala Lumpur, who described why he issued the order and dramatic extracts from letters between the Sanitary Board, the Vice President of the Selangor Club and Mr. Jennings were read in court. • In evidence Mr. Jennings said that Mr. R. C. Russell, then vice -president of the Club, visited him about the end of last November and said: “ Look here, Jennings the Federated Engineering Co. can repair this building for $2,000. What is your opinion?” he replied that Mr. Russell might as well throw his $2,000 down the drain. • Summary: (Mr. Jennings 15 years experience as a building inspector, received a report from Health Inspector on Nov 5, 1935 that iron pillars, beams and staircase in bad condition. Visited building. Decided it was dangerous due to corrosion. Said it should be demolished. Took it to sanitary Board for signature on Nov 18. Chairman Major G. M. Kidd wanted to see building before signing. He and Mr. McIntyre then acting Town Engineer inspected. Threw a piece of iron stanchion onto ground where it broke into pieces. Order to demolish within one month served on club on Dec 21) Mr. Jennings described a subsequent interview with Mr. Russell. Mr. H. C. Willian, Deputy Legal Advisor, conducting the proceedings, produced a letter from Mr. Russell to the secretary of the Selangor club, reading the extract: “ I have seen the Sanitary Board authorities and have arranged the steel frame of the building shall be stripped and scaled, when a thorough examination can be made of the structure” • “Is this correct?” asked Mr.Willan. “ I don’t think so. In fact I know it isn’t”, replied Mr. Jennings. • Mr. Wiillan read another extract” “The Sanitary Board are of the opinion the building can be patched and made safe, but taking a long view their opinion is that demolition and reconstruction would be in the best interests of the Club.” • Mr. Jennings said, “ I didn’t tell him the building could be patched and made safe” • (Summary: Jennings describes meeting with chairman of board, with Mr. A. O. Coltman, Club architect, the secretary of the Club, Town Engineer and Mr. Savage of Federated Engineering Co. Suggested rope round building and cars not allowed to parked near it. Notice was put up. Dec 12 he visited building with Mr. Savage. Mr. Savage wrote to club about substituting new steel work. Not told by sanitary board that notice of demolition served on club had been cancelled. Was told to take no further action and that club would submit plans. On July 10 went to F.E.Co. to have plans altered and spoke about which beams replaced and which left out of plans. Told them of history of building and dangerous condition. Repairs would need care. Jennings said cause of collapse was that shores had been placed near excavation and had slipped into ten-inch hole. Ignorance and carelessness in shoring up building. No supervision of workforce. Mr. Coltman, architect, described visit to building, pillars bad, rusted through, concrete floor upstairs shaky said it should be demolished. Mr. Wilson secretary of club agreed. Club authorities did not consult him once contract given to Fed. Eng. Co. F.E. Co. represented by Mr. E. D. Shearn, asked Mr. Coltman if he had advised occupants to be evacuated. Coltman would have given job to reliable contractor, and insisted on supervision. Adjourned till Monday)
The Straits Times, 11 August 1936, Page 13 • SANITARY BOARD CHAIRMAN DISREGARDED BUILDING INSPECTO R'S OPINION. • Says He Took Views Of Engineering Firm. • TOLD BY SELANGOR RESIDENT TO "LOOK INTO MATTER." • (From Our Own Correspondent.) Kuala Lumpur, Aug. 10. • “TO put it bluntly, Major Kidd, did you take Mr. Savege's opinion in preference to Mr. Jennings'? Yes, I took the responsibility.” • This question and answer today ended the examination of Major G. M. Kidd, chairman of the Kuala Lumpur Sanitary Board, on the reasons why the Sanitary Board did not ensure the operation of the order for demolition of the Selangor Club’s servants’ quarters served on the club last November. • “EXPERTS AT CROSS PURPOSES.” (Summary: Major Kidd signed order for demolition, The Resident the Hon. Mr. T. S. Adams in his capacity of President of the Club, told Major Kidd that Mr. Savege of F.E. Co. and Mr. Jennings (Building Inspector) had been at cross purposes and asked Major Kidd to look into the matter. Mr. Sevege had said Mr. Jennings said building could be repaired. Mr. Jennings said his opinion had been misinterpreted. Saw Jennings who insisted on demolition. Hearing adjourned till tomorrow and expected to last another two days. Major Kidd signed demolition order on Nov 19. Club architect thought that if a car bumped a stanchion building would come down. Then correspondence between F.E. Co., Club and Building Inspector. Discussed repairs with Mr. Jennings. Wrote to resident as president of the club and asked for repair plans. Plans submitted. Not passed by day of collapse. Sec of club asked if they start work without plans being passed. Major Kidd said plans needed amendment of two beams, they would be approved, he would not sign them if club went ahead they did so at their own risk. No one told the work was starting but he saw it was as he passed the building. “ Mr. Willan then read the letter from R. C. Russell to the Selangor Club which began: I have seen the Sanitary Board.” Mr. Kidd said Mr. Russell had not seen him before he wrote the letter” Discussion of more letters, questions about evacuating the building, discussion on whose responsibility it was to inspect repairs while in progress. Little experience of demolition orders. Plans not passed after building fell down. Work often began before plans passed. Present procedure for dealing with dangerous buildings cumbersome. Present law. Mr. Jennings evidence. Demonstrating stanchions and girders. Mr. Jennings had originally used “or “ in his letter. “Do such things as may be necessary or demolish the building” he had meant to remove the word “or”. Considered he had issued a demolition order.) • (2136 words)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 13 August 1936, Page 1 • RESIDENT GIVES EVIDENCE AT K.L. CLUB INQUIRY • MATTER LEFT TO PRESIDENT • Immediate Danger Not Realised • (From Our Own Correspondent) Kuala Lumpur, Aug. 12. • THE British Resident, the Hon. Mr. T. S. Adams, told the Court today, at the resumed hearing of the inquest on the victims of the Selangor Club crash, that in his negotiations as president of the Club he “ did not understand that the building was in an immediately dangerous condition” • Other witnesses said the Club Committee never considered the evacuation of the boy’s quarters and that Mr. R. C. Russell, vice president of the club at the time the demolition order was served, said, “ The Sanitary Board authorities often do not really mean what they say. I thought they were being alarmists” . Mr. Russell said he did not think it would have been the committee’s duty to the Club members immediately to demolish the building. The Resident said that at the first committee meeting following the receipt of the demolition order, he had said that the question of evacuation was a matter to be investigated. In conversation with Major Kidd, the chairman of the sanitary Board, in December he had understood there was no immanent danger. (Summary: repairs held up, delay over plans, bye laws, matter on club agenda, matter left to president, permission to start work, “ Mr. Russell in his evidence, said he thought the building was unsafe at the time but not immediately dangerous. He agreed that if there was danger in the repairs it was the duty of the Federated Engineering Co., to tell the club that the repairs were “ticklish”. The Building Inspector did not tell him that it would be throwing money down the drain to repair the building, but he had said, “You may be able to patch the building but it would be throwing money away and it would pay the club in the long run to demolish the building.” Mr. F. W. Palmer, vice- president since March said three schemes submitted by F.E. Co., never brought to his notice that building was unsafe. Rebuilding $13,000, other schemes cheaper. Committee had agreed to repairs. Mr. Sevege was member of committee and manager of F.E. Co. at the time no one else was asked for estimate. Mr. Sevege never suggested that the repairs were a “ ticklish” job and had the committee been given any indication of the danger they must have taken action) (698 words)
The Straits Times, 13 August 1936, Page 12 • Sanitary Board "Alarmists": "Often Don't Mean What They Say." OPINION OF CLUB'S FORMER VICE-PRESIDENT. More Dramatic Incidents At Building Inquest. BRITISH RESIDENT "DID NOT UNDERSTAND THERE WAS IMMEDIATE DANGER." (From Our Own Correspondent.) Kuala Lumpur, Aug. 12. • AFTER a full day of dramatic evidence and incident, the inquiry into the loss of life caused by the collapse of the Selangor Club servant’s quarters was almost completed today. The last 28 witnesses will be called tomorrow morning. Extract: “ Shortly before the British Resident was called to give evidence today, the magistrate Mr. J. Calder, called up Mr. R. C. Russell , former vice president of the club, whom he had seen at the back of the court, and told him that as he was to be a witness he had “ no right to listen to the evidence.” (Extract: Mr. Robert Cecil Russell, director of Messrs. J. A. Russell and Co. Ltd., Kuala Lumpur, said that he was vice president of the Selangor Club last year and up to March 1936. He never understood that the building was in a dangerous condition. He thought it was unsafe at the time but not immediately dangerous, even if it was not repaired. When he wrote to the Club that “the Sanitary Board are of the opinion that the building can be patched and made safe” he meant that the Building Inspector was of that opinion. Mr. Willan: The building Inspector says he never said that- I couldn’t have imagined it. I wrote it shortly after seeing him. Questioned on whether the Building Inspector had told him to repair the Building for $2,500 would be like throwing $2,500 down the drain, witness said that the Building Inspector had told him: “ You may be able to patch the building but it would be throwing money away, and it pay the club in the long run to demolish the building” Witness later admitted that the building was unsafe if repairs were not done to it, and agreed that by January it had been decided by the club and the Sanitary Board Authorities that the building was to be repaired not demolished.) Continued. (1166 words)
The Straits Times, 15 August 1936, Page 12 and JUDGMENT RESERVED IN K.L. WILL CASE [Articles] The Singapore Free Press and Mercantile Advertiser (1884-1942), 18 August 1936, Page 6 LUNATIC'S WILL CASE-NO MORE EVIDENCE. Counsel Replies To Attacks: "Disgraceful.” (From Our Own Correspondent.) Kuala Lumpur. Aug. 1 4. Submitting that the pleadings of the defendant to the counter claim were identical with those of the plaintiff, and that no further evidence should be called after the plaintiff had made out his case. (Summary: no further evidence called, Mr. Charlesworth called Mr. Ford’s criticisms disgraceful. His Lordship reserved judgment.)
The Straits Times, 17 August 1936, Page 7 SELANGOR COCONUTS LIMITED. Dividend Increased To Four Per Cent. A net profit of $22,714 after charging depreciation amounting to $1,266, is disclosed in the accounts of Selangor Coconuts limited for the year ended June 30, 1936. The amount brought forward is $336 making a total of $23,050. (Summary: The directors recommend 4% dividend, directors fees were $1,500 last year, crop 2,749,170 nuts, price, yield, selected areas where coconut palms do not thrive replanted with oil palm seedlings, as an experiment, investments, estimates, forward sales, Directors are Messrs. W.A. Stanton, R.C. Russell and F.A. Wardell. Annual meeting next Saturday, capital acreage, property buildings value cash invested.) (492 words)
The Straits Times, 24 September 1936, Page 7 • AMALGAMATED MALAY ESTATES. • RETURN OF CAPITAL SANCTIONED. • FINAL DIVIDEND OF SIX PER CENT. • The report of the directors of Amalgamated Malay Estates Ltd., for the year ended Jun 30, states that the profit for the year was $62,671, to which has been added $6,415 brought forward, making $69,086. (Summary: An interim dividend of 3 per cent. final div 6% Extra ordinary GMs held April and May approved reduction in capital. Old share certs called in, crop on Serdang, rubber in stock, crop lower, crop estimates, Jinjang untapped, recent survey, Board: Messrs D.H. Hampshire, C.J. Chisholm, R.C. Russell and A. Mustard. Mr. Chisholm absent on leave Mr. T. D. Betteridge acts as his alternate. D.H. Hampshire retires seeks re election, Messrs Neill and Bell offer themselves for re appointment as auditors. Balance sheet, liabilities, sum from Batu Selangor Tin Dredging Co, sale of land, buildings, stock of materials, investments, directors fees, profits A.G.M. on Sept 30 at KL, estates are at Selangor cover 2,540 acres, 36 leased to mining.) (672 words)
The Straits Times, 28 October 1936, Page 12 • "UP SHE GOES." • Big December Show In Kuala Lumpur. • Everybody who can get there ought now to set aside at least one of these dates— Dec. 10, 11, or 12— to go to the Town Hall, Kuala Lumpur, to see the Midnight Follies in their new revue. "Up She Goes,” which is now in rehearsal. • The show is being produced by Dr. Charles T. Miles, with Mr. H. L. Linnell as collaborator. The stage manager is Mr. R. C. Russell and the business manager is Mr. P. H. Forbes. • These names alone can serve as a guarantee of the high standard of excellence that the Midnight Follies’ new production “Up She Goes” will attain. None of them is an amateur at the game: they have six productions to their credit in Kuala Lumpur, all of which were outstanding successes, and all of them are remembered and talked about to this day. • These productions were the Midnight Follies, 1925; Midnight Follies 1926; “Very Good Eddie”, 1927; Midnight Follies, 1928 “Wake Up and Scream”, 1929 and “Just a Minute” 1931. The profits in each case were divided among charitable institutions. (187 words)
The Straits Times, 19 November 1936, Page 13 , and The Singapore Free Press and Mercantile Advertiser (1884-1942), 20 November 1936, Page 6 " • "Up She Goes!" • Rehearsals. • Lavish Scenes And Costumes. • There are no fewer than 43 people working four times a week at the Town Hall, Kuala Lumpur, rehearsing for presentation on Dec. 10, 11, and 12, of the ultra-modern revue, "Up She Goes! The scene designer and the scene painters have been busily engaged for five weeks upon the “scenery”, for there are seven “sets.” • The art director of the production, Mrs. R. C. Russell, first sketches a scene in half-inch scale. It is then reproduced upon canvas 24x48 ft., by an Indian scene painter. (Summary: carpenters, rehearsals, costumes make up, lights, chorus, numbers, booking.” Will have the beauty, charm and appeal of a London production”)
The Straits Times, 23 November 1936, Page 13 CLONAL SEED AREAS ALLOWANCES. Representations For 1938 Negotiations. U.P.A.M. PLANTING SECTION'S IMPORTANT MEETING. (From Our Own Correspondent) Kuala Lumpur, Nov. 21. THE United Planting Association of Malaya has decided to refer to the Controller of Rubber with a view to representations being made to the International Committee that the question of allowances for clonal seed areas shall not be overlooked when negotiations are begun for renewing the rubber regulation beyond 1938. (Summary: minutes of planting section of UPAM. Proprietor’s section met. Summary of proceedings. Those present listed. Labour deputation from India. Activities of money lenders who visit estates, recruitment of Javanese labourers, flat rate vs. graded grants to estate schools, duty on Indian tobacco, allowances for Clonal seed areas, greater help in co-op credit societies, rubber research institute advice discontinued (letter), menace of straying buffaloes at night. Meeting of proprietors Section held in K.L. on Oct 30, list of those present inc. Mr. R. C. Russell. Renewal of International Regulation Agreement discussed, cost of rubber and devaluation of guilder, statistics collected by controller of Rubber rather than Registrar general of Statistics, rules of Malayan Planters Provident Fund amended to allow contributions in excess of 5%. Council meeting association held on Oct 30, Honble Mr. W. S. Reeve-Tucker declared elected Vice President, future meeting vegetable oils section.)(1548 words)
The Straits Times, 18 December 1936, Page 13 • CHILDREN'S FUN AT THE "DOG.' and Free Press and Mercantile Advertiser (1884-1942), 19 December 1936, Page 6 • WHOOPS AND WHOOPEE At Selangor Club (FOOC KL) Dec. 17 Christmas Tree Entertainment. ((FOOC KL) Dec. 17. Little Madame Pompadours. Buffalo Bills. Fairies and Gypsies greeted Santa Claus with whoops of delight in the Selangor Club this afternoon. The kindly figure in the red cloak and generous white beard was Mr. C. F. H. Riches. But the children did not know and the Selangor Club’s Christmas tree entertainment was the first of this season’s cheer for many of Selangor’s tiny tots. (Summary: 300 in fancy dress, rides, tea cakes ice cream, cabaret, cinema, cartoons.) The Christmas tree entertainment has become almost an institution in the Club. This year’s executive committee was composed of Mrs. A. W. Ward, Mrs. A. Sleep, Mrs. G. Hovil and Mrs. Harrison. The cinema show was provided by Messrs. Strorch Bros., and refreshment arrangements were made by Mrs. Paul Forbes and Mrs. J. C. G. Spooner. The attractive hall decorations (with Japanese landscape motif) were the work of Mrs. R. C. Russell.
The Straits Times, 20 December 1936, Page 22 JUDGMENT IN $250,000 WILL CASE Finding Against The Adopted Son JUDGE AND "DRAMATIC CIRCUMSTANCES" (From Our Own Correspondent.) Kuala Lumpur. THAT one of the “ very foremost doctors in Malaya” had erred in his examination of an insane person was the opinion of Mr. Justice Pedlow in the Kuala Lumpur Supreme Court today, when he gave judgment in a will case….The estate involved… is valued at over a quarter of a million dollars, and the judge made an award to Mr. Robert Cecil Russell, as administrator and plaintiff, against Khoo Boo Hooi… (Details of judgment 2846 words)
1937
The Straits Times, 24 January 1937, Page 22 Big Ball For Mr. Loke's Coming Of Age ((F.O.O.C. K.L.), Saturday. ONE of the social "highlights of the season "is being provided tonight by Mrs. Loke Yew, widow of Dr. Loke Yew, C.M.G., who is staging a ball unrivalled in magnificence for their youngest son, Mr. Loke Wan Tho, on the occasion of his coming of age. Kuala Lumpur Society is assembled under the roof of the resplendent pavilion specially erected in the garden of “Goodwood”, the Ampang Road home of the Loke Yew family. Hung with fairy-lights, greenery, bunting and streamers, the pavilion presents an unforgettable spectacle as some 300 people dance on a spring floor which lays good claim to being the largest in the country, to the lively music of Dan Hopkins and his full band, specially summoned from Raffles Hotel, Singapore. Pavilion, floor and orchestral dias were constructed in 24 hours to the decorative designs of Mr. Chew Sze Foong, millionaire friend of the “birthday child”, to which have been added microphone and amplifiers. The Hon Mr. C. D. Ahearne, Federal Secretary, proposed the health of Loke Wan Tho, and among those present are: -… Mr. and Mrs. R. C. Russell…. Mr. and Mrs. Drysdale… ( N.B. very long list. Ed.)
The Straits Times, 2 March 1937, Page 12 Judgment Debtor Summons Against Administrator. KUALA LUMPUR HEARING. (From Our Own Correspondent.) Kuala Lumpur, Mar. 1. A LARGE number of barristers were present in the Supreme Court today to listen to the hearing before the Chief Justice, Sir Samuel Joyce Thomas, of a judgment debtor summons which has aroused considerable local interest. Mr. Robert Cecil Russell, as administrator of the estate of Mr. Khoo Khye Cheah (deceased) appeared on the judgment debtor summons, having failed- it was contended- to comply with an order of Mr. Justice Pedlow in regard to costs in connection with a civil suit concerning the estate of Khoo Khye Cheah which was the subject of a prolonged hearing last year. At the last hearing Mr. Justice Pedlow gave judgment in favour of the administrator of the estate (Mr. Russell), but at a subsequent hearing with regard to costs the judge had ordered that Mr. Russell should pay the costs of Khoo Boo Hooi, the adopted son of the deceased… Mr. Ford appeared for Mr. Russell… an adjournment was refused…His Lordship said costs were not paid Mr. Joaquim said… “ It is quite clear there is nothing against Mr. Russell personally. It is only against him as administrator of this estate. …has to abide by court order.. provided he has funds… it has not been shown to me that he has not those funds… “Therefore Mr. Russell acting on the advice of Mr. Ford very wisely paid the money into the court at the last moment.. so as not to be confined.. for contempt of court… “As far as I can see, he is not entitled to pay that money into court subject to conditions; if he wanted any condition attached, he should have applied without delay to the court. In these matters, a person who gets in touch with the court first is in a much better position. Mr. Russell did nothing of the sort until Mr. Joaquim took out the judgment debtor summons; only then the money has been paid into court. But as I have said Mr. Russell attempts to impose conditions. That is something quite new, to my mind in procedures attaching to execution of judgments….. notice of appeal.. stay of execution… location of judge…The money having been paid into court, Mr. Joaquim will be entitled to take it out for his client” (875 words)
The Singapore Free Press and Mercantile Advertiser (1884-1942), 24 March 1937, Page 3 and The Straits Times, 23 March 1937, Page 17 SELANGOR CLUB (FOOC) KL Mar 20 The following have been elected office- bearers of the Selangor Club: Vice-President Mr. R. C. Russell. Committee: Messrs. F. W. Palmer, G. O. Hovil, L.R. Kerridge, C.R.M. Stutely and Colin H. Miller. Government Nominees; Messrs. A. Sleep and P. H. Forbes. Cricket Members: Messrs. Stafford Northcote and C. Mills. Rugby Member: Mr. A. V. Thomas. Association Football Member: Mr. J. M. Laing Hockey Member: Mr. W. J. Peel Lawn Tennis and Bowls: Mr. R. J. Macdonald Bennett. General Supervision: Mr. R. H. White.
THE MALAY MAIL, WEDNESDAY, MARCH 24, 1937 & The Straits Times, 25 March 1937, Page 7 MALAYAN COLLIERIES' PROFITS JUMP. Reflecting Improvement In Tin Mining Industry & MALAYAN COLLIERIES’ BIGGER PROFITS Result Of Improved Conditions In Tin Industry $858,350 NEW CAPITAL ISSUE IMPROVEMENT in the Malayan coal industry in consequence of the improved conditions in the tin mining industry are reflected in the annual report of Malayan Collieries, Ltd., to be presented at the annual meeting in Kuala Lumpur on Tuesday. The report of the General Managers, Messrs. J. A. Russell and Co., shows that sales increased by almost 34 per cent. on the previous year, the increase being attributed principally to the demand for small coal as the result of the high percentage tin quota which obtained throughout the year. The profits for the year amounted to $596, 374.80 compared with $469, 970 last year. NEW CAPITAL It is proposed to make a new capital issue of $858,350 in ten dollar shares, the General Managers explaining that during the early years of the depression considerable encroachment was made upon liquid reserves to carry through a capital expenditure programme which very materially assisted the company through the depression to the present improved conditions. Further capital expenditure is now required, and will be required from time to time, and rather than depend entirely on profits for this the directors have decided to proceed with a new capital issue. The directors’ report states: Production continued to be confined to the Batu Arang Colliery. The quantity of coal sold shewed a satisfactory increase upon the previous year, this being in keeping with the continued improvement in the tin mining industry and industry in Malaya generally. All expenditure of a capital nature was in the improvement of the Batu Arang undertaking, the item Buildings being unusually heavy. This was due to the accelerated replacement by permanent buildings of a number of temporary shops and lines which were demolished by fire and to an attempt to replace as many as possible of the remaining temporary buildings with those of a permanent nature. The plant and equipment installed was again of a general colliery nature both on the surface and underground. The operation of the subsidiary undertakings was influenced by markets for the products and towards the close of the year the position had materially improved. FINANCIAL POSITION Investments were increased by the purchase of $131,400 worth of 3 per cent F. M. S. Loan. The profits for the year under review, subject to the directors’ fees amount to……….$596.374.30 To which is to be added the un-appropriated balance from the previous year ……………… 264.233.65 860.608.45 Deduct three interim dividends each of 2 ½ per cent. totalling 7 ½ per cent. on 257.505 shares were paid during the year, absorbing……193.128.75 667.479.70 You will be asked to sanction fees to directors In respect of 1936 at the rate of………………...20.000.00 Leaving available ………………..647.479.70 Which the directors recommend should be Dealt with as follows A final dividend of 7 ½ per cent. on the 257.505 shares making 15 per cent. for the year 1936 193.128.75 Write off leasehold property 100.000.00 293.128.75 Balance to carry forward to next year’s account $354.350.95 Accompanying the report is a circular letter dated March 22, 1937 advising shareholders of the decision of the board to make an issue of shares at par. Shareholders on the register at March 30, 1937, are invited to subscribe to this new issue at the rate of one new share at par for every three shares held. The issue will make available the sum of $858, 350 towards future capital expenditure. Mr. H. H. Robbins and Mr R. C. Russell retire and being eligible offer themselves for re-election. Mr. J. Drysdale acted for a time during the year as alternate director. Messrs. Evatt & Co. (auditors) retire and, being eligible, offer themselves for re-election. GENERAL MANAGERS’ REPORT EFFECT OF HIGH TIN QUOTA The General Managers’ report states: The sales shewed an increase of almost 34 per cent. on the previous year. The increase was principally in the demand for small coal as the result of the high percentage tin quota which obtained throughout the year. The larger portion of production was from underground mines, Nos. 2, 6 and 7 districts of the East Mine and underground units Nos. 3, 4 and 7 being the principal winning places. In most cases the modified long-wall system of extraction was adopted. Hydraulic stowage arrangements continued to operate satisfactorily. The extension of the main dip and its companion way was continued and No. 3 district has been opened up. The connection to underground No. 3 unit was made by extension of No. 17 level East Mine. No. 4 district East Mine and underground No. 7 were opened as producing units. Production at the block between opencasts Nos. 5 and 7 was completed, and a block in opencast No. 5 was being developed. Nos. 3 and 8 were the main producing units. Two electric shovel-dragline machines in conjunction with locomotives and the necessary waggon rolling stock were employed on shale stripping. A commencement was made on the opening up of opencast No. 9. The coal washery worked throughout and satisfactory performance was maintained. FIRE DAMAGE Buildings and plant were maintained in good order, and the process of replacing temporary buildings by permanent ones was continued. A fire in a temporary section of the village necessitated the speeding up of this programme. Thirty-six shop houses, a set of Tamil lines and some artisan quarters had to be built to replace those destroyed. The power plant continued to meet all requirements and the bulk of the fuel used in the boilers was of unmarketable quality. Final recommendations were submitted for the new high pressure boiler plant. Capital work was somewhat larger than usual and consisted principally of new buildings, excavating plant, colliery equipment, both mechanical and electrical and railway line extensions. Shortage of skilled underground labour made the position rather difficult and a strike lasting three days was experienced in November as a result of which wages were increased. Coal prospecting in Johore continued throughout the year, at the end of which it was concluded that no commercial deposit existed and operations were terminated. In order to ascertain the extent to which workable coal, if any, occurs in the Batang Padang area, prospecting is in progress. THE BRICK WORKS As brick stocks were being depleted, the works resumed operations in January and have continued in operation throughout the year. Quite a good demand existed and some large contracts were executed, the most outstanding being the new building of the Rubber Research Institute which is an attractive example of faced brickwork. The production of the plywood works was fully five million square feet of plywood, the bulk of which was converted into rubber chests. The demand for plywood board improved, and the packers grade rubber chest became more popular. The pilot saw mill continued to meet the main requirements of the property and one or two parcels of lumber were sent to the home market. The construction of the railway to the timber area continued. The wood distillation plant continued in operation throughout most of the year, occasional short stoppages being made in retorting to enable stocks to be cleared. Progress in marketing the products is still slow, although the position is improving. Members of the staff have rendered excellent service and a good spirit of co-operation continued between all departments and individuals. The general health of the resident population continued to be exceedingly good, and apart from the strike already referred to, the morale of the labour force was generally very good. NEW CAPITAL ISSUE A circular letter to the shareholders states: During the early years of the depression considerable encroachment was made upon liquid reserves to carry through a capital expenditure programme which very materially assisted the company through the depression to the present improved conditions. Further capital expenditure is now required, and will be required from time to time, and rather than depend entirely upon profits to meet this, your directors have decided to proceed with a new capital issue The company’s authorised capital is $4,000,000 in 400,000 shares of $10 each, of which 318, 667 have been issued. Of these issued shares 61,162 were surrendered to the company and at present are not in circulation and do not rank for dividend, the actual ranking capital being therefore $2,575,050. The directors have passed a resolution for the sale to shareholders on the register at March 30, 1937, of 85,825 shares of $10 each, being at the rate of one share at par for every three shares held. The issued and circulating capital will then be increased to $2,433,400. The new shares will rank for dividend pari passu with the shares now in circulation as regards all dividends declared after July 1. 1937. Shareholders right to apply for their proportion of the shares to be issued for cash must be exercised on or before July 31, 1937, and the new shares paid for in full by that date by depositing with the Kuala Lumpur branch of the Hongkong and Shanghai Banking Corporation the full amount of $10 per share. Any shares not applied for by July 31, 1937, will be disposed of by the directors on behalf of the company as they may think fit. No fractional certificates will be issued to shareholders but the directors will issue to trustees, for sale on behalf of those share holders entitled to fraction of a share, certificates in respect of the sum total of such fractions. Application forms for shareholders’ rights and letters of renunciation will be posted on March 30.
FEDERATED MALAY STATES POLICE. (During Strike) FEDERATED MALAY STATES POLICE. INVESTIGATION DIARY IN REPORT No. Extract of Mr. Tidy, O.S.P.C.U.S.s Diary...Station. "Returned to kongsi with Messrs. Robbins and Russell. After talking with crowd again went to window of room, saw the detained man and after brief questioning ascertained he was not a detective but a Mine employee suspected by the mob of being a detective. At the orders of the mob I left the vicinity of kongsi and stood some 15 yards distance whilst Messrs. Robbins and Russell spoke with the headmen. A minute or so later Messrs. Robbins and Russell joined me saying the man was one of their employees, that he was all right and that Police need take no further action about him for the present." & "Proceeded to mines office and learned at 4 p.m. that the strikers rejected the Company's offer and required, their unconditional agreement to the original terms. Messrs. Robbins and Russell are bitterly disappointed at the complete breakdown of negotiations." (See 1937 sources for whole report)
THE MALAY MAIL, WEDNESDAY, MARCH 31, 1937, p. 10 & 11 & part of Robbin’s speech in Malay Mail Tuesday, March 30, 1937 p.10, under the Headline: “Remedies for Labour Unrest. Malayan Collieries’ Chairman’s Views, and The Straits Times, 31 March 1937, Page 7, under title: REARMAMENT BENEFITS TO MALAYA. High Tin Prices Reflected In Malayan Collieries' Profits. CHINESE IMMIGRATION SYSTEM CRITICISED, The Singapore Free Press and Mercantile Advertiser, 31 March 1937, Page 9, and The Straits Times, 1 April 1937, Page 9 PROPOSAL TO SPLIT SHARES. MALAYAN COLLIERIES MEETING. SHAREHOLDER ON LABOUR TROUBLES. FAULTS IN CHINESE IMMIGRATION QUOTA SYSTEM Compares Badly With Indian Arrangement MALAYAN COLLIERIES LTD. ANNUAL MEETING. AGM Mentioned in The Straits Times, 31 March 1937, Page 11, Labour Problems In Malaya. TRAFFICKING IN CHINESE LABOURERS Iniquitous Practice In Coast Ports of China WHY MALAYAN COLLIERIES ARE SHORT OF UNDERGROUND WORKERS Criticism Of The Shipping Companies The system of immigration of Chinese labour in relation to the shortage of workers for the company’s underground operations was criticised by Mr. H. H. Robbins, presiding at the annual general meeting of Malayan Collieries Ltd. in Kuala Lumpur yesterday. Mr. Robbins disclosed that repeated requests for permits to make it possible to send head men to China to recruit labourers had been refused, apparently on the ground of the abuse to which some of these permits had been put in the past. He went on to condemn “the iniquitous practice which exists between some of the steamship companies engaged in the transportation of immigrants and their passage brokers cum boarding-house keepers at China coast ports, “ and remarked that it was a great pity that the Chinese and Malayan Governments did not combine to eliminate these abuses. “Such profiteering by individuals and organisations at China coast ports,” he added, “is something with which one would expect any self-respecting steamship company to refrain from having any association.” The chairman in moving the adoption of the report and accounts said: “The year under review maintained the promise which was in evidence when last I addressed you and though the course was not an easy one, it is gratifying to be able to record continued improvement in your company’s position. “The report and accounts having been in your hands for the prescribed period may I take them as read? Turning to the figures on the balance sheet, on the liabilities side it will be seen that capital remained unaltered. “Dividends unclaimed and sundry creditors and credit balances remain about the same, the latter notwithstanding the much larger turnover. The general reserve remained at $1,200,000 while the mine amortisation fund is increased by the usual annual provision of $60,000. “On turning to the assets side it will be noted that leasehold property is reduced by the $100,000 provided at the last meeting. HIGHER EXPENDITURE “The expenditure on capital account was considerably higher than has been the case for several years, the increase on the amount spent on permanent buildings being necessitated by the fire referred to in the General Managers’ Report and by the considerable increase in the Asiatic staff and labour force owing to the revival for demand for our products, it being considered wiser to provide buildings of a permanent nature at the outset then to erect temporary ones with their attendant high maintenance and eventual replacement cost. Considerable permanent building work remains to be done, mostly in the replacement of temporary and semi-permanent buildings which for the most part have served their useful life and which do not appear in our balance sheets as assets. “For the rest, the plant purchased and installed was incidental to the colliery undertaking. Considerable further expenditure both on buildings and plant, especially power plant, remains to be incurred and steps have been taken to finance this, in part independently of profits. INCREASE FOR DEPRECIATION “The allocation for depreciation is higher than in the previous year by some $60,000, this being considered advisable as a result of the greater wear and tear on plant incidental to greater production. “Operating stores and spares shew a decrease, this being due principally to the transfer from stores to various capital works of a considerable quantity of plant and equipment to take care of the enlarged operations. “Sundry debtors and debit balances as is to be expected are a little higher. The reserve for bad and doubtful debts remains the same and is ample to cover all contingencies. “Investments and cash in bank and on deposit shew an increase of some $224,000, the investments having been added to by the purchase at par of $131,400 in the 3 per cent. F.M.S. Loan. The balance of cash remains in our bankers’ hands awaiting favourable investment. “The trading and profit and loss account discloses a profit of $596,374, this being $126,404 higher than for the previous year. “The demand for coal within the F.M.S. increased more or less in step with the exportable allowances under the Tin Restriction Enactment, the percentage of standard production being 90 per cent. international and 65 per cent. domestic for January and 105 per cent. international and 76 per cent. domestic respectively for December. The allowance at the moment is, as you know, 100 per cent. international and 72 per cent. domestic with 110 per cent. international and 79 per cent. domestic for the quarter commencing with April. LABOUR SHORTAGE IMMIGRATION SYSTEM CRITICISED “The supply of labour for our underground operations was inadequate, necessitating an unduly large part of our production being drawn from our opencast mines, and this unbalanced our stripping programme. “Under the existing Chinese immigration quota system it was found quite impossible to bring our underground labour force to the required strength, and repeated requests for permits to make it possible to send head men to China to recruit men who are either experienced in underground work or attracted by such conditions, notwithstanding very full explanations of our position, have been refused. “INIQUITOUS PRACTICE” “Apparently the main reason for withholding permits is the abuse to which some of them have been put in the past. This abuse has been the sale of such permits for, it is said, as much as a hundred dollars per head and if this is so, it would seem that the fault lies more with the existing quota system than with the permit system. The iniquitous practice which exists between some of the steamship companies engaged in the transportation of immigrants and their passage brokers cum boarding-house keepers at China coast ports is largely responsible and is much to be deplored. “It is a great pity that the Chinese and Malayan Governments do not combine to eliminate these abuses by introducing some of the control and organisation which characterise the satisfactory Indian immigration system. This, with a permit system if necessary within a quota system, would ensure the reservation of blocks of accommodation for batches of coolies. It would also give the Government and employers some control over the class of labour brought into the country and free the immigrant labourer of the filching of his savings or the mortgaging of his future. Such profiteering by individuals and organisations at China coast ports is something with which one would expect any self-respecting steamship company to refrain from having any association. MINE STRIKES OPEN DEFIANCE OF AUTHORITY “Until quite recently we have had every reason to be proud of the understanding and confidence which have existed between the company and its labour force. Recently, however, there has been considerable restlessness and a growing unreasonable attitude in our labour, culminating in two strikes within four months, the first in November and the second last week. The first was settled within a few days without any action being taken against the professional agitators responsible for the stoppage. “This seeming immunity apparently engendered confidence in the ringleaders of last week’s trouble and their attitude was one of open defiance of all constituted authority of Government and the company alike. It was made perfectly clear that their action in bringing to a standstill a key industry of the country was primarily aimed at Government with the object of trying to force the hand of Government in the matter of strikers arrested in another part of the State. Government accepted the challenge and all concerned are to be congratulated on their masterly treatment of a very difficult situation at a time when intimidation of the grossest kind was rampant. “Purged of the contaminating influence, the men returned to work in good heart and the organisation was re-established and production resumed within a few hours. As a result of our observation during the past twelve months or so and experience in November and last week, it is clear that age-old customs such as the use of intermediaries between the employer and the labour must be gradually eliminated. Though we have never favoured the sub-contractor system and have exercised control over deductions by contractors, if the time has arrived when the contractor system has become irksome and the coolie feels that with the necessary additional help and support of his employer he can work without a contractor, this company will not hesitate to afford the help and assistance required. “A good deal has already been done in this connection, but in seeking to benefit the labourer we have to be careful not to unduly injure others who have served the company well and who, though victims of change, can still serve the company in an altered capacity. The change, therefore, must be more a process of accelerated evolution. A WAGES BOARD “It is being freely suggested that the time has arrived to consider the setting up of a Wages Board for the whole country or some form of industrial arbitration, the law requiring every class of labour to submit its grievance to such a Board or Court. Such machinery has emerged from much bitterness and industrial strife in other countries where 100 per cent. of the workers are citizens of the country and it would not appear unreasonable for the Government of this country, where the majority of the workers are only temporarily domiciled, to compulsorily apply in advance a solution which otherwise will be arrived at ultimately, but only after much dislocation of industry and loss to both employer and employee. To revert to my review of the year which closed with December last: The investigation of the occurrence of coal in Johore was concluded with negative results. “Your company are now investigating a further occurrence in the Batang Padang District in Perak. Indications are that the coal here is less mature than that at Batu Arang and it is still too early to say whether it occurs in a commercial quantity. “I do not propose taking up a great deal of your time with a record of progress made in the various auxiliary undertakings of your company. The improved conditions are reflected upon them and though last year continued to be one of intermittent operation of all three undertakings, the better demand at higher prices promises more continuous operation and more satisfactory returns during the current year. CEMENT MANUFACTURE “Our proposals in connection with cement were not materially advanced, though the matter is again under the active consideration of Government. As associates in the matter we are negotiating with important British interests in the cement manufacturing business throughout the Empire and you will be advised of any recommendation that we may have to make in due course. In that connection however, it is hoped that any interest which we may acquire in any new company to be formed can be financed without further appeal to you for capital. “As you will have seen from the report from your directors for the year under review and from the accompanying circular, it has been decided to make a capital issue to provide in part for future capital expenditure and to make possible the speeding up of the work involved, notably the completion of the replacement of temporary quarters for the labour force and the installation of new boilers, additional electric generating plant, and further mechanical stripping equipment. I feel you need no assurance that the money will be carefully and wisely spent in further strengthening the position of your company and in maintain its dividend-paying capacity. Those who seek an investment of surplus funds will find in the issue a very satisfactory one, while those who do not seek further investment, or feel that their holding in the company is sufficient, will no doubt find in the sale of the rights a ready cash return. “The staff at Batu Arang has worked loyally and well throughout a very busy and at times exceedingly worrying year and the members have earned the thanks and practical appreciation of your Board. “While I have been somewhat briefer than in past years, I trust that I have suitably augmented the information conveyed in the reports and accounts. If I have not, please do not hesitate to ask questions. THE FUTURE “I refrain from making any predictions as to what may lie in the future. Here in Malaya we have our troubles and those associated with our immigrant Chinese labour at present loom large. With the extremist element effectively disposed of and with the setting up of an effective tribunal as a result of the proper understanding an co-operation of all concerned, there would appear no valid reason why the inevitable organisation of labour within the limitations which it will be perfectly reasonable for Government to impose upon non-domiciled labourers, should not proceed in a perfectly orderly way. “Our cost of production is, of course, increasing, but not out of proportion with the market value of coal. “Internationally ominous clouds still overhang and paradoxically enough, it is these which to a large extent, account for our present comparative prosperity. We all hope that the clouds will clear with a better understanding between nations and while the effect of this upon world trade should be immediate and considerable. We must proceed cautiously in view of the more orderly progress of rearmament which would naturally result. It might be put that if we try to benefit by our past experience of trade depressions and the trials of our emergence therefrom and if we bear in mind that our present activity is to a certain extent engendered by abnormal, if not actually artificial conditions, we should not go very far wrong. Mr. Lim Cheng Law: I would like to have more information about the accounts presented. I am not adopting a hostile attitude to the board, or to Messrs. J. A. Russell, but in the interests of shareholders generally it is most important that some idea should be given as to the salary and/or commission paid by the Malayan Collieries to Messrs. J. A. Russell, the General Managers and secretaries for the last year. The chairman: A salary, but no commission, is paid and details are available and could be given in meeting or afterwards as Mr. Lim Cheng Law desires. Mr. Lim Cheng Law intimated that after the conclusion of the meeting would be suitable. SPLITTING OF SHARES CHINESE SHAREHOLDERS PROPOSAL Mr. Lim Cheng Law: I should like to inquire whether the directors have ever considered the question of splitting the shares of Malayan Collieries into smaller denominations from $10 to $1 a share, and if not, whether they will consider the matter at an early date. With the shares originally standing at $10 each there was not a free market, and if the shares were split into denominations of $1, not only would we be in consonance with the general opinion of the local share market, but more opportunities would be found in dealing in small numbers of shares. In addition it would also tend to the shareholders retaining their interest in the company more as an investment. The chairman: The question of the splitting of the shares was referred to shareholders a few years ago, but the majority of shareholders voted against it. The matter has since been considered, and the board is prepared to reconsider it, but the matter would need to be referred to shareholders for final decision by way of a special resolution. PAMOEKAN BAY TO BE SOLD. Mr Lim Cheng Law: Is there any prospect of a recommencement of operations at Pamoekan Bay Colliery? The chairman: There is no prospect of an immediate commencement of operations and, in the meantime, it is the policy of the board to dispose of the property. The final dividend of 7 ½ per cent. was unanimously approved on the motion of the chairman, seconded by Mr. W. H. Martin. The directors’ remuneration of $20,000 was unanimously approved on the motion of the chairman, seconded by Mr. W. A. Stanton. Mr. Lim Cheng Law: I have much pleasure in proposing the re-election of Mr. H. H. Robbins as a director. I consider it distinctly to the advantage of the Malayan Collieries that we should have the continuance of his services in directing its business. I believe I am right in saying that he knows our property from personal inspection, and from the address he has given us to-day, I am sure we all realise the great interest he takes in this great and important concern. (Applause). This was seconded by Mr. W. H. Martin and carried unanimously. Mr. Lim Cheng Law: May I rise again to support that Mr. R. C. Russell be re-elected as a director of the company? I think Mr. Russell’s services are very well-known to us all, and the resolution needs no words of recommendation from me. He is a worthy successor to a worthy and celebrated brother, the late Mr. J. A. Russell, whose memory is still cherished by the shareholders of the Malayan Collieries. (Hear, hear). This was seconded by Mr. F. Cunningham and carried unanimously. Mr. W. A. Stanton proposed and Mr. A. W. Delamore seconded that Messrs Evatt and Co. be re-elected auditors for the ensuing year. SATISFACTORY RESULTS Mr. Lim Chen Law: Before the meeting concludes I should like, as a shareholder—and I think I am voicing the feeling of a good many other shareholders—to express my appreciation by congratulating the directors on the satisfactory result which they have laid before us to-day, and which is substantially greater than that of last year. For many years the shareholders of this company have, meeting after meeting, been in the happy position of, after listening to what the chairman has to say, going home from the contentment-laden atmosphere that generally pervades these meetings, with his dividend in his pocket and this time raised to 15 per cent. The magnitude and strength of the Malayan Collieries is a matter of great pride to Malaya. Unlike many other industrial concerns I believe I am right in saying that its present position has been achieved by its own resources and initiative. This fact bears eloquent testimony to the skill and ability with which its affairs have always been conducted. I think, therefore, that the least we can do is to propose a very hearty and sincere vote of thanks to the directors, the general managers and the staff. (Applause). LABOUR’S DEMANDS Now, Mr. chairman and gentlemen, whatever may be said in favour of the strike as an instrument for the betterment of the conditions of labour, there can be no two opinions about the rights and the wrongs of the strike that is going on at the present moment. A strike of this nature is doing no good to the cause of labour in this country. It is in the nature of things that unbalanced persons, exulting in newly won power, should lose their sense of proportion and act unreasonably. Those of the strikers who are able to realise this have tried to import a semblance of reason into their demands by putting forward certain proposals regarding wages and conditions. The elimination of this troublesome element will do much good to Malaya. For owing to their readiness to go on strike, Malaya, particularly Selangor, is already earning a very bad name. These labour troubles increased on a progressive scale owing to the weak-kneed attitude of employers. The Government must act under such circumstances with firmness. I would like to see the inauguration of a department equivalent to a Ministry of Labour or the introduction of some efficient machinery sponsored and directed by the Malayan Government for the ascertainment, adjudication and settlement of industrial disputes between labour and capital. Had such machinery been in existence in Kuala Lumpur to-day, this strike would not have been thus unduly prolonged. (Hear, hear and applause). The meeting terminated with a vote of thanks to the chair.
The Straits Times, 14 April 1937, Page 7 UTAN SIMPAN'S PROFIT RISES $27,000. Dividend Increased From Two To Ten Per Cent. UTAN SIMPAN RUBBER CO. LTD., in common with other rubber producing companies, shows a substantial rise in profit for 1936. In 1935 the profit was $7,581 and this has risen to $34,713 in 1936. The dividend has been increased from 2 per cent to 10 per cent and the carry forward has been increased from $19,973 to $21,145. The standard production for 1937 has been increased to 617.150lb from 555.675 lb in 1934 largely on account of an area of rubber that was planted in 1927-1928. The report of the directors (Summary: profit, dividend, crop, directorate Messrs D. H. Hampshire, chairman, V.G.A. Reeve Tucker and R. C. Russell, who retires but offers himself for re election. Accounts, expenditure, balance sheet, assets, A.G.M. to be held in K.L. on April 20, acreage, capitalisation.)
• Page 2 Advertisements Column 4 [Advertisements] The Straits Times, 17 April 1937, Page 2 & Page 2 Advertisements Column 5 [Advertisements] The Straits Times, 20 April 1937, Page 2 PUBLIC NOTICES THE KAMASAN RUBBER COMPANY LIMITED. (Incorporated in F.M.S.) Notice of 27th AGM.
The Straits Times, 19 April 1937, Page 7 • NEW SERENDAH RUBBER TO PAY 8 PER CENT. • Crop Falls 33,000 Lb. But Price Rises 7 Cents. • A FINAL dividend of 5 per cent., making 8 per cent, for the year 1936, is proposed by the directors of New Serendah Rubber Company Ltd. This compares with 4 per cent, for 1935, • The crop harvested fell from 429,658 lb. in 1935 to 396,884 lb. in 1936, and this crop was 42,402 lb. in excess of the export allowance. • The average gross price realised rose from 17.34 cents per pound in 1935 to 24.16 cents per pound in 1936. The standard production for 1937 has been raised from 569,655 lb. in 1936 to 591,640 lb. • NEW FACTORY CONSTRUCTED. • (Summary: Report of directors, profits, dividends, acreage, crop harvested, gross price, standard production, condition satisfactory. Board consists of Messrs. D. H. Hampshire, chairman, M.J. Kennaway, R. C. Russell, and E. G. Leyne. Messrs. Kennaway and Russell retire but offer themselves for re-election. A.G.M. K.L April.27 Accounts, expenditure, capitalisation, assets dividend)
The Straits Times, 19 April 1937, Page 7 , (also covered in Malaya Mail, Monday April 19, 1937.) Kamasan Rubber's Profit Rises By $8,592. Dividend Increased To Ten Per Cent.: Crop Lower. PROFIT earned by Kamasan Rubber Company in 1936 at $25,909 shows an increase of $8,592 on the 1935 figure of $17,317 and the dividend has been raised from 7 to 10 per cent. The crop, however, was only 235,000lb. compared with 317,400lb in 1935. Even this reduced crop necessitated the purchase of exports rights. The acreage remains at 750 acres; directors’ fees charged amount to $4,000 and the manager obtains a commission of $648. Proposal To Split Shares. The report of the directors of Kamasan Rubber Co., Ltd., states that the net profit for the year ended Dec. 31, last, was $25,909 to which has been added $12,849 brought forward, making $38,758. An interim dividend of 3 per cent. was paid in October and absorbed $7,200 and the directors propose a final dividend of 7 per cent., which, if approved, will require $16,800, leaving $14,758 to be carried forward. The planted acreage remains at 750 acres of which 19 acres are planted on Government reserve outside the Company’s titles. Standard Production. The crop harvested for the year was 235,000lb of which 18,687lb was surplus to the export allowance. This compares with 317,400lb harvested in 1935. The standard production for 1937 remains at 346,102 lb and the export allowance for the current year assuming there are no changes in the export percentages as at present known, will be 309.857lb. The report states that that the property was maintained in good condition and tapping was done on the ABC alternate daily system. It has been suggested that the nominal value of the shares in the company be altered to $1 from $2 and in order that the directors may be acquainted with the views of shareholders a form is enclosed with the report which shareholders are asked to complete. Directorate. The Board consists of Messrs. M.J. Kennaway, chairman, D. H. Hampshire, R.C. Russell and A. Beckett. The last two named retire, but offer themselves for re-election. The retiring auditors Messrs. Neill and Bell, offer themselves for reappointment. The (27th) annual meeting is to be held at the registered office of the company, No. 1 Embankment, Kuala Lumpur on Apr. 29 at 11 am. The profit earned in 1935 was $17.317 and a dividend of 7 per cent was paid. The accounts show proceeds of rubber sales, less costs of export rights, and including stock of rubber at cost of production, of $56,372; income from interest was $2,117 and miscellaneous receipts were $54. Expenditure was: - general expenditure at estate $16,461; expenditure on rubber in bearing, cost of collection and manufacture $8,546; sales charges $268; general charges at head office $2,711; directors fees $4,000; and manager’s commission $648. Balance Sheet. The balance sheet shows the nominal capital of the company at $250,000 in shares of $2 and the issued capital is 120, 000 shares which are fully paid. Other liabilities at Dec. 31, last, were: reserve account $60,085; sundry creditors $5,789; unclaimed dividends $1,326 and leave pay and passage reserve $1,720. The assets were: - property and development, buildings and factory equipment $251,002; sundry debtors and debit balances $483; stores $251; rubber in stock $4,026; investments in Government and Municipal securities $58,833; and 4,690 shares of $1 each in Bukit Rotan Hospital Association on which there is a contingent liability of 54 cents per share, at $1 and cash $25,882. The capitalization at par per planted acre on Dec. 31, 1936 was $320
The Straits Times, 22 April 1937, Page 7 Another Chairman Advocates Planting Jungle Reserves. UTAN SIMPAN PRODUCTION COSTS MAY INCREASE. ADDRESSING shareholders at the annual meeting of Utan Simpan Rubber Co. Ltd., in Kuala Lumpur, on Tuesday, Mr. D. H. Hampshire, advocated the removal of the restrictions on planting rubber in jungle reserves provided an equivalent area of old rubber was destroyed. To replant on the already impoverished soil, Mr. Hampshire said, entails large expenditure on manuring and it was advisable that the soil should be reconditioned by lying fallow for few years. Mr. Hampshire warned shareholders that some increase in costs of production could be looked for in view of the fact that increase in labourer’s wages had recently been granted. NEW FACTORY WORKING WELL. (Summary: more satisfactory profits, destroyed smokehouses, decided to build new factory and smokehouse, and install up to date machinery, installation completed by June 24. Cheaper manufacture, money spent on buildings, water supply installation, condition of estate, clearing bracken, blukar and lallang, experiment in manureing. Under present International Agreement no estate may plant virgin jungle. Land which carried rubber for many years shows signs of deterioration, soil exhausted. Land should lie fallow, alter regulations, allow estates to plant virgin jungle, if equivalent area of rubber is cut down. Production, present price satisfactory, forward sales, no questions; Mr. R. C. Russell was re-elected. Neill and Bell reappointed auditors.) (842 words)
The Straits Times, 29 April 1937, Page 7 • New Smokehouse Destroyed By Fire. PROPOSING the adoption of the report and accounts at the annual meeting of New Serendah Rubber Company, Ltd. in Kuala Lumpur on Tuesday, Mr. D. H. Hampshire, the chairman, said: — It is pleasing to be able to present to you a statement of accounts that shews a considerably increased profit for the past year’s working. The profit is more than twice as much as it was in 1935 when $18,380.53 was earned. (Summary: Interim Div 3%, final div 5 %. Balance sheet, investments, debits, advance to contractor erecting new factory. Acreage, quotas, yields, old factory built just after formation of company and machinery past all economic use. New factory, smoke house and packing shed just been completed. 5 coolies employed compared to previous 8, reduction in costs, only worked for 17 days before smoke house caught fire and was partially destroyed. Old one being re erected for use till damaged smokehouse rebuilt. Buildings and machines are latest pattern worked by electricity from Rawang Tin Fields whose transmission line passes close to factory. New office built. Land on which old factory stood sold. Estate made great progress. Thanks to manager to Mr. Hasselhuhn and secretaries Boustead and Co. Ltd. Replant small area as experiment. International relations concerning planting in virgin jungle. No forward sales. Report and accounts adopted retiring directors Messrs. R. C. Russell and M.J. Kennaway were re elected. Messrs Neill and Bell re appointed auditors. Mr. J. A. Clery addressed meeting about reducing nominal value of shares. Chairman agreed. Shareholders would be asked at extraordinary AGM to approve.) (746 words)
• The Malay Mail, Friday April 30, 1937 page 5, and The Straits Times, 3 May 1937, Page 19 Kamasan Rubber Shares . Proposal to reduce value. Final Dividend of 7 per cent. • The twenty seventh annual general meeting of the shareholders of the Kamasan Rubber Co. Ltd., was held at the registered offices of the company No. 1 Embankment, Kuala Lumpur yesterday at 11 am Mr. M. J. Kennaway presiding. (Summary: report and accounts.. profit and loss..standard production figure unaltered..exportable quota and profits over last 2 years..cash in hand exceeded liabilities. “ In my speech last year I reminded you that it was not until the ninth quarter of the ill fated Stevenson Restriction Scheme that an appreciable rise in the price of the commodity began, and that while conditions were not altogether the same, there were indications that history during 1936 would begin to repeat itself. To the extent that for the first 8 quarters of the present restriction scheme 7d to 8d were the ruling prices which gradually advanced in the ninth and tenth to close on to one shilling that prediction may at least be said to have been partly justified”.exportable allowance.. increased crop this year.. resume interim dividends every 4 months.. “In the matter of all-in costs of dollar companies, I was interested to observe from a list dealing with 65 such companies published in June of last year by a well known firm of local brokers that, showing an all-in cost of less than 11 cents per lb., Kamasan was third in the order of merit showing 11.25 cents.” no sign of any falling off in yield.. tapping.. yield per coolie per day..Manager Mr. Crowe on leave.. estate supervised by Mr. E. J. C. Edwards.. thanks to secretaries Boustead and Co. circular wishes about share value.. report and accounts adopted dividend approved.. Messrs. R. C. Russell and A. Beckett re-elected and Messrs. Neill and Bell reappointed auditors.)
The Singapore Free Press and Mercantile Advertiser , 12 May 1937, Page 3 • $250,000 WILL CASE APPEAL. Judgment Reserved at Kuala Lumpur. (Appeal of Khoo Boo Hooi against the decision of Mr. Justice Pedlow concerning the will of Khoo Khye Cheah. Mr. P. B. Ford appeared for Mr. R. C. Russell trustee of the testator’s estate.)
Detroit Border Crossings. Robert Cecil Russell arrived 26 June 1937 Detroit Michigan (alone) Born Surrey England, Issued Singapore F.M.S. aged 49, Occ. merchant, last perm residence Kuala Lumpur, Bro. G.D. Russell, East Grove, Lymington Hants Eng. Ever in US before ‘ Yes from 6 .1 .18 to (illegible word …FOSED.) Mother in law: Clara McColl 8130 Evernor Highway Detroit, transit 3 weeks. Ever arrested. No. Date of landing: Montreal PO 6.25.37 Name of steamship: Dutchess of Bedford. Dist marks: None. Passage paid by self.
The Singapore Free Press and Mercantile Advertiser, 2 August 1937, Page 9 and The Straits Times, 2 August 1937, Page 6 Bakau Tin Report FINAL DIVIDEND OF 10 PE R CENT • Bakau Tin Ltd., directors’ report and statement of accounts for the year ended June 30, for presentation at the annual general meeting of shareholders to be held at K.L. Aug. 17 states: (Summary Net profit $14,926, interim dividend 5%, final dividend 5%.) Mr. E. H.H. Everest resigned during the year upon proceeding to England on retirement and Mr. R. W. Hughes was co-opted to fill the vacancy. Mr. Hughes appointment requires to be confirmed. Mr. R. C. Russell retires by rotation and being eligible offers himself for re-election.
The Singapore Free Press and Mercantile Advertiser, 12 August 1937, Page 3 • $250,000 WILL CODICIL HELD VALID ON APPEAL Adopted Son Shares With Four Natural Sons (From Our Own Correspondent) Kuala Lumpur, Aug. 10, & The Straits Times, 12 August 1937, Page 17 . Appeal In $250,000 Will Case Allowed. (From Our Own Correspondent.) Kuala Lumpur, Aug. 10. AN appeal against the decision of Mr. Justice Pedlow, who found that a codicil to a will whereby an adopted son of Khoo Khye Cheah (deceased) was made a beneficiary with four natural sons of an estate valued at more than $250,000, was invalid, was allowed yesterday. (Summary: 2 out of the 3 justices allowed appeal. Agreed K.K.C. was sane and that codicil should be allowed.)
The Straits Times, 2 September 1937, Page 7 • AMALGAMATED MALAY RUBBER. • PROFIT NEARLY DOUBLED AT $117,052. • DIVIDEND INCREASED TO 16 PER CENT. • A NET profit of $117,952 was earned by Amalgamated Malay Estates Ltd for the year ended June 30, last. This compares with $62,671 in the preceding year. An interim dividend of 6 per cent, was paid during the year and absorbed $36,756 and the directors now recommend a final dividend of 10 per cent which if approved, will require $61,259. The dividend for the year ended June 1936 was 9 per cent. • (Summary: Final div. 10 %, report decision of shareholders and confirming order of Court, capital reduced during year. Crop, gross price, harvest, standard production under Regulation Scheme. 42 acres old rubber replanted. “ The Board consists of Messrs. D. H. Hampshire, C. J. Chisholm, R. C. Russell and A. Mustard. Messrs Hampshire, Russell and Mustard are on leave and Messrs. E.D. Butler, J. H. Clarkson and H.C. Mustard are acting in their stead. Mr. Russell retires but seeks re election.” (Neill and Bell offer themselves to be re elected as auditors.. A.G.M. K.L. Sept. 15 Balance sheet. Liabilities Assets) (447 words)
The Straits Times, 18 September 1937, Page 7 • "One Shilling A Pound Not An Excessive Price For Rubber." AMALGAMATED MALAY ESTATES PAYS 147 ½ PER CENT. IN 18 YEARS. "Substitutes Are Complementary Not Competitors" Says Mr. Chisholm. THE view that nine pence a pound for rubber is a reasonable price was challenged by the chairman of Amalgamated Malay Estates, Mr. C. J. Chisholm, in his address to shareholders at the annual general meeting in Kuala Lumpur on Wednesday. (Summary: price of rubber, profits, including 1920 company has paid 147 ½ %, unable to pay during 4 of these years, previous unprofitable years, adverse effects, pegging price, estates reported on by Mr. H. C. Mustard. All in costs, exportable allowance from Serdang, Jinjang opened up again after 2 ½ years, acreage planted, balance sheet, stocks, investments, profit, low costs good condition down to manager Mr. Roberts and his assistant Mr. Bogle, report and accounts approved. Mr. R. C. Russell re elected, auditors Neill and Bell reappointed.) • (807 words)
The Straits Times, 12 November 1937, Page 16 King's House. Monday. Nov. 1. In the morning His Excellency presided at a Durbar held at the Astana. Klang. The following were the guests at a dinner given by His Excellency and Lady Thomas at King’s House this evening Hon. (Summary: list of guests inc. for luncheon on Thursday Nov. 4. Mr. and Mrs. R. C. Russell Mr. J. Drysdale. (759 words)
Bob was asked to resign from J.A.R. & Co.,Ltd. by H. H. Robbins in 1937 and went to Canada.
1939
Letters to Kathleen from Bob
TEL. E.4321, CADBORO BAY, R.R.1.BRITISH COLUMBIA, 7 July 1939
My Dear Kathleen,
Your letter of the 4th June reached me the day before we left Victoria to come to Ontario, for Lola’s mother died on the 27th June and we had to have her brought across here to be buried next to Lola’s father and also to settle up Lola’s mother’s affairs-we shall be here for a week or a fortnight-it was a trying business getting here 4 days by train—however we have now started packing and disposing of mother’s effects and have put the legal machinery into action to obtain probate of the will, whilst here (Waterloo, Ont ) your confidential cable was relayed to me.
With regard to your letter I must thank you for your action in regard to having me provided with copies of the minutes—I imagined that it was your intention I should have them but Robbins character is such that if he can possibly make things difficult for me he will, I fear he is petty minded.
You state Robbins is “partially retiring” this I take to mean that he will spend 6 months in Australia and return for the Colliery meeting only; under these circumstances I presume his Director’s fees from Collieries will again revert to the firm.
You may not be aware of the fact that some 6 or 8 months after Archie’s death he claimed that as he gave up so much of his leisure time to Colliery affairs he and not the firm was entitled to the Director’s fees. Peter was against it but seeing how Robbins felt about it I agreed—but I cannot say that I agree under his “partial retirement” scheme. Of course I do not know what remuneration Robbins would be given for his part time stewardship.
I have no details of Insurance Policies but Robbins told me that he had an endowment policy for £1000 which would mature in about 2 years time and I also know for a number of years the firm paid the premium on an Insurance Policy—a matter between Archie and Robbins and never discussed by the former with me—my memory may be at fault but I think the firm stopped paying the premium when Archie cancelled the loan he made Robbins to enable him to purchase the holding Robbins has in Collieries.
I now come to your cable, for which I am very grateful and I will refrain from conjectures until I receive William’s letter but I must say that in view of Robbins “partial retirement” I cannot view with equanimity the idea of giving Delamore, Clarkson and Drysdale voting powers and also power to make decisions which would be irrevocable should we beneficiaries under the will not agree with. I have never had a copy of the articles of association of J. & R. Co Ltd and I am convinced it was never Archie’s intention that J. & R. Co’s affairs should be conducted by strangers as far as he could see there would always have been a Russell in the direction of the firm.
I will not ?dilate any longer on the whole business but await William’s letter-I must say how profoundly grateful I am that you married William for I am certain he will be able to visualize “the thin end of any wedge” that may be fashioned.
Tristan’s snap is excellent he is remarkably like Archie but with a strong admixture of you the eyes are yours—he seems a strong husky kid. I think he goes from strength to strength.
Lola joins in sending love and all the best to you and William.
In order to expedite dispatch I am sending this by trans-atlantic mail.
Yours Bob.
1940
TEL. E.4321, CADBORO BAY, R.R.1. BRITISH COLUMBIA, 16 January 40
My dear Kathleen,
I was very glad to have your news in your letter of 11th December which reached me two days ago and many thanks for the seasonal greetings. As you say Christmas these days does not convey much to anyone save children, I cannot truthfully say that any Christmas is indelibly marked on my memory.
I had an official notification from K.L. that the Annual General meeting was to be held on the 29th February but according to your proposed time table you will not be here for it, however, I am glad you are ?due to make the trip as you can, as a “friend” enquire why I am not receiving the ?... as promised. I have twice written pointing out the omission but have had no acknowledgement or reply.
William might endeavour to discover what Robbins policy is, for I must admit I am nervous as to the future—from the minute sent me I note he is continuing to sell income bearing properties—what is his ultimate aim what emasculated form of investment will he leave to hand to Tristan—as far as Tristan is concerned it will not matter much he will have a nice safe invested sum and he may not wish when he arrives at man’s estate to continue on in the East and quite likely go into one of the professions with a nice private income but my position would be different, my ?...... in Archie’s estate after Robbins has dealt with it may be safe but will be an unknown quantity, certainly not enough to live on—what is Robbins ultimate aim what does he propose to hand to Tristan eventually.
He had in mind selling all the Collieries and the Agency for its goodwill, then what?
There seems to be to be too much secrecy and a high handed policy on Robbins part to the Trustees a sort of “we will do this, I know as I am on the spot.”
I think I might be given an inkling for I should like to know what my probate position will be when my present arrangement expires, for if as I fear I am to be left with a very much reduced income it behoves me to save everything I can whilst my present arrangement exists so that I can have a few pennies to eke out what small income I may eventually get.
Archie never visualised the present position for neither Don or myself were permitted to save or make any provision for the future, we both drew any money required but could not draw to invest or speculate.
However I must not let my imagination run away with me on a pessimistic line of thought (but one does not get younger and this curtain of secrecy does not inspire confidence) and await your trip to K.L. and hope that Robbins may enlighten you as to his idea of what he is aiming at with this orgy of selling.
I note that he has not yet sold any of the undeveloped land in K.L. (incidentally be bought some more) and my failure to do anything with this undeveloped property was one of his many criticisms of my slackness—anyone can sell a revenue producing property.
With all the best from Lola and myself to both you and William and as you say may 1940 bring some hope of a settled future.
Yours
Bob.
TEL. E.4321, CADBORO BAY, R.R.1. BRITISH COLUMBIA, 6 March 40
My dear Kathleen,
Many thanks for your letter of 18th January which reached me on the 3rd March enclosing the minute necessary to complete my file.
I notice in the February ’38 minutes (number 397) the reason of Robbins antagonism to my presence namely he wanted to increase his emoluments, the wording of the minute is humorous “with the Bank’s approval” etc “ Mr. Robbins reverts to his 1932 salary of $2000” J. A R. Co. Ltd were not in existence in ’32. After Archie’s death in consultation with Don, Robbins salary was placed at $1500/-, what he got in ’32 was entirely at Archie’s discretion. What he received after the firm was founded was to be decided by the Board, he obtained whilst I was there the Colliery Director’s fee and whilst I was still with the firm the burden of his song was he did not require any more, why could he not have been more honest about the matter, instead of camouflaging it with “what happened in 1932” and “Bank’s approval.” With a free house, car, Colliery fees and his $2000 a month he receives $30,000 per annum or £3,500 per annum—getting on for a Governor’s salary and his activities on behalf of the firm seems to be to sell all the revenue providing assets and we can only wait and hope it seems we are all entirely at his disposition with his “rubber stamp” Board of Directors he has no opposition any attempt on William’s part is considered but a statement such as the final paragraph in minute 634 (date November 1939).
I suppose I have much to be thankful for but it is irksome to see the despotic power wielded by Robbins with no one to say him nay—not even to criticise. You can see why he objects to my having the minutes.
I must apologise for breaking my word that I would not refer to the affair again but some things just get under my skin and my inability to do anything and the inability of anyone else to curb or criticise makes me foam at the mouth, pray forgive me.
Lola joins in sending you, William and Tristan all the best in the world.
Yours,
Bob.
TEL. E.4321, CADBORO BAY, R.R.1. BRITISH COLUMBIA, 2nd April 1940
My dear Kathleen,
I cannot tell you how glad I was to receive your letter of 28th February (which reached me yesterday) enclosing a copy of William’s letter to his co-trustees, it, your letter, removed a feeling that has obsessed me, a feeling that I was a lone voice crying in the wilderness, that everyone’s hand was against me and that I was dreadfully alone, unable to do anything but re-iterate warnings that all was not well. I repeat it was a blessed relief to learn that the conclusion I felt was imaginary and I rather blame myself for thinking that the machinations of Robbins could really pass the intelligence of onlookers and for thinking that his (R’s) strategy was more than low cunning and therefore obvious to anyone not blinded by favours granted and favours to come.
It still seems superficially that Robbins has so manoeuvred that his position is unassailable but of course that cannot be so but, I do not see how I, personally can do anything but I would do whatever is necessary to put an end to this feathering of Robbins’ nest and his associates nests at the expense of the firm.
It is all so clear now that it was totally necessary for the furthering of his plans to have me away and silenced and for that reason at the time, knowing he was persona grata with you and Don, his threat was “Either you go or I go” and I had no doubts as to who would have been chosen to stay but I did not imagine that by my going I was going to receive the treatment I have and nor do I expect that you imagined that he would act as he has done.
This war has upset closer control as travelling is so restricted but I hope and pray William will not relax his vigilance and my full support is ready for any action he considers advisable—I think it is an anomalous position for one Trustee to have the control of the firm and when any other trustee criticises for him to retort the Trust and the firm are two separate entities and cannot be considered together altho’ the firm if the lifeblood of the Trust—the Trustees should appoint the Board and not one of them be on it—my firm conviction is that Robbins should be removed as a Trustee his own interests completely blind him to his duty as a Trustee.
If I could only do something and lose this helpless feeling but I am afraid my supreme trust in my fellow creatures (until I am let down) has been my undoing. I have never viewed the actions of anyone with distrust, feeling that they like myself never act with any ulterior motive—it may be a foolish form of philosophy but it is supremely better than going through life with a doubt about everybody and everything. There is I believe a divine Providence that metes out retribution to such as Robbins and other machiavellian tricksters.
I await the receipt of the minutes you have sent by ordinary mail with interest and may be able to add a few comments thereon.
Again many many thanks for your letter and for William’s action as I said above I have lost that ghastly feeling of being terribly alone.
Much love from us both to you both and Tristan.
Yours ever
Bob
P.S. As soon as possible, even if war continues, I should like to meet you and William. Lola and I could take a trip to England for that express purpose.
TEL. E.4321, CADBORO BAY, R.R.1. BRITISH COLUMBIA, 11 April 1940
My dear Kathleen,
Two days ago I received copies of J. and R. Co. minutes and William’s letter of the 19th February, today by airmail I received copies of Robbin’s letter in answer and William’s of 14/2/40 and William’s reply dated 13th March, for all of which please accept my sincerest thanks.
I am entirely in agreement with William’s contentions, given from an unbiased position and appreciate his remark, which hits the nail on the head, that it is immaterial to Robbins what dividends are paid as he is drawing a very good income whether the Coy can pay any dividend at all.
What I would like to see would be that someone other than Delamore held the Power of Attorney for your interests, and it is obvious that as soon as the war either ceases or let’s up to enable us to go to Malaya all the shareholders should meet there and decide future policy—this juggling of the “Board’s Action” (i.e. Robbins's decision) and the “Trustees Interests” cannot be allowed to continue.
Again many thanks for keeping me so well posted on the position and with the kindest regards to you all from Lola and myself.
Yours
Bob.
Note: ?1940 onwards living with his brother George at East Grove, Lymington, Hants. U.K. Ed.
Bob returned with the Malayan Planning Unit to assist in the rehabilitation of Malayan Collieries Ltd., of which he was Managing Director until 1947 when he again retired. A huge row ensued between Don and Bob after Don’s release from Stanley camp.
1946 To be continued.