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At two o'clock the York Town troops marched out with their drums beating, their muskets shouldered, and their colours cased, and piled their arms. The number of those who remained effective now amounted only to four thousand; the rest, making up the total number to about six thousand, were lying sick or wounded. General Lincoln, who had been so lately a prisoner of the English, was appointed to receive them, and the British prisoners had to march through two lines of the allied army, upwards of a mile in length, the Americans on the right, and the French on the left. The different feelings with which the English regarded the French and Americans was remarked. The English officers, as they passed along the enemy's lines, courteously saluted every French officera compliment which they withheld from every American one, even the highest. The surrender of Cornwallis's army was the determining point of the war. The news of this decisive event reached London on the 25th of November. Lord North walked about the room, exclaiming, "Oh, God! it is all over!" The king received the communication with more firmness. In Paris great was the exultation. Franklin, who was there, and who, only three days before, had written to Governor Pownall that he never expected to see "this accursed war" finished in his time, now wrote to John Adams, at the Hague:"I congratulate you on this glorious news. The infant Hercules, in his cradle, has now strangled his second serpent;" and so delighted was he with his conceit of the serpent, that he afterwards had a medal cast embodying it."I'll be hanged," opined Landor, as his own horse bit at the croup of a citizen's horse, eliciting a kick and a squeal, "I'll be hanged if you shall demoralize my column like this. You'll keep ahead if I have to halt here all night to make you. I've given you the post of honor. If I put my men in the van, I'd choose the best ones, and they'd be flattered, too. You wouldn't catch them skulking back on the command."New York, Jersey, and the New England States traded in the same commodities: they also built a considerable number of ships, and manufactured, especially in Massachusetts, coarse linens and woollens, iron, hats, rum, besides drying great quantities of fish for Spain, Portugal, and the Mediterranean markets. Massachusetts already employed 40,000 tons of shipping. New England furnished the finest masts in the world for the navy; Virginia and Maryland furnished 50,000 hogsheads of tobacco, annually valued at 370,000; employing 24,000 tons of shipping. From these colonies we received also large quantities of skins, wool, furs, flax, etc. Carolina had become a great rice-growing country. By the year 1733 it had nearly superseded the supply of that article from Italy in Spain and Portugal; in 1740 it exported nearly 100,000 barrels of rice; and seven years afterwards, besides its rice, it sent to England 200,000 pounds of indigo, rendering us independent of France for that article; and at the end of the present period its export of indigo had doubled that quantity, besides a very considerable exportation of pitch, sassafras, Brazil wood, skins, Indian corn, and other articles.
ONE:It was close to noon when the bus deposited them at the town from which they had to walk to the estate.

Guiding our corporate vision for success

HKBN is steered by a Board of Directors that intermingles a range of expert abilities for visionary thinking. Our board consists of eight Directors, comprising two Executive Directors, three Non-executive Directors and three Independent Non-executive Directors.

Bradley Jay HORWITZ
Bradley Jay HORWITZ
Chairman and Independent Non-executive Director

Bradley Jay HORWITZ was appointed as the Chairman and an Independent Non-executive Director of the Company on 6 February 2015. In 2005, Mr. Horwitz founded Trilogy International Partners and has served as president and chief executive officer since it was established.

Bradley Jay HORWITZ was appointed as the Chairman and an Independent Non-executive Director of the Company on 6 February 2015. In 2005, Mr. Horwitz founded Trilogy International Partners and has served as President and Chief Executive Officer since it was established. Trilogy International Partners was established to acquire wireless international assets in Haiti and Bolivia and to develop additional international wireless assets, primarily in South America and the Caribbean. Prior to establishing Trilogy International Partners, Mr. Horwitz served as President of Western Wireless International, having founded the company in 1995 while also serving as an Executive Vice President of Western Wireless Corporation. Previously, he was a founder and Chief Operating Officer of SmarTone Mobile Communications Limited. Mr. Horwitz graduated from San Diego State University, U.S. with a Bachelor of Science Degree in 1978.

William YEUNG
Chu Kwong YEUNG (William YEUNG)
Executive Director

Chu Kwong YEUNG is the Executive Vice-chairman of the Group and an Executive Director of the company. Mr. Yeung joined the Group in October 2005 as Chief Operating Officer and became Executive Vice-chairman in September 2018.

Chu Kwong YEUNG is the Executive Vice-chairman of the Group and an Executive Director of the company. Mr. Yeung joined the Group in October 2005 as Chief Operating Officer, responsible for overseeing customer engagement, relationship management and network development. In November 2008, he was appointed as Chief Executive Officer and became Executive Vice-chairman in September 2018. Prior to joining the Group, Mr. Yeung was Director of Customers Division at SmarTone Mobile Communications Limited, and served as a police inspector with the Hong Kong Police Force. Mr. Yeung holds a Bachelor of Arts Degree from Hong Kong Baptist University, a Master of Business Administration Degree from the University of Strathclyde, U.K., and a Master of Science Degree in Electronic Commerce and Internet Computing from The University of Hong Kong. Mr. Yeung was recognised as Champion of Human Resources by The Hong Kong HRM Awards 2010. Mr. Yeung is one of our proud Co-Owners.

Ni Quiaque LAI (NiQ LAI)
Ni Quiaque LAI (NiQ LAI)
Executive Director

Ni Quiaque LAI (NiQ LAI) is the Chief Executive Officer of the Group, and an Executive Director of the company. Mr. Lai joined the Group in May 2004. He has rich experience in the telecommunications, research and finance industries, and is passionate about developing HKBN Talents because he believes if you get the people right, the company will do great. Prior to joining the Group, Mr. Lai was an analyst and the Director and Head of Asia Telecom Research for Credit Suisse, where he was involved in numerous global fund raising initiatives for Asian telecom carriers.

Ni Quiaque LAI (NiQ LAI) is the Chief Executive Officer of the Group, and an Executive Director of the company. Mr. Lai joined the Group in May 2004. He has rich experience in the telecommunications, research and finance industries, and is passionate about developing HKBN Talents because he believes if you get the people right, the company will do great. Prior to joining the Group, Mr. Lai was an analyst and the Director and Head of Asia Telecom Research for Credit Suisse, where he was involved in numerous global fund raising initiatives for Asian telecom carriers. Mr. Lai holds a Bachelor of Commerce Degree from the University of Western Australia, and an Executive Master of Business Administration Degree from Kellogg-HKUST, Hong Kong. He is a Fellow member of the Hong Kong Institute of Certified Public Accountants (HKICPA) and CPA Australia. In March 2016, he was recognised as Best CFO by FinanceAsia Survey of Asia's Best Companies 2016 (Hong Kong). Mr. Lai is one of our proud Co-Owners.

Deborah Keiko ORIDA
Deborah Keiko ORIDA
Non-executive Director

Deborah Keiko ORIDA was appointed as a Non-executive Director and a member of the Nomination Committee of the Company on 20 November 2015. Ms. Orida is the Senior Managing Director & Global Head of Active Equities at Canada Pension Plan Investment Board (“CPPIB”), a substantial shareholder (as defined in Part XV of the Securities and Futures Ordinance) of the Company.

Deborah Keiko ORIDA was appointed as a Non-executive Director and a member of the Nomination Committee of the Company on 20 November 2015. Ms. Orida is the Senior Managing Director & Global Head of Active Equities at Canada Pension Plan Investment Board (“CPPIB”), a substantial shareholder (as defined in Part XV of the Securities and Futures Ordinance) of the Company. Ms. Orida joined CPPIB in 2009 in Toronto and has held senior leadership roles, including Managing Director, Head of Relationship Investments International, covering Europe and Asia, and was most recently Managing Director and Head of Private Equity Asia. Ms. Orida is responsible for leading Active Fundamental Equities, Relationship Investments, Thematic Investing, Fundamental Equities Asia and Sustainable Investing. Prior to joining CPPIB, Ms. Orida was an investment banker at Goldman Sachs & Co. in New York and Toronto where she advised management teams and boards on mergers and acquisitions and financing transactions. Prior to Goldman Sachs & Co., Ms. Orida was a securities lawyer at Blake, Cassels & Graydon in Toronto. Ms. Orida previously served on the Board of Directors of Nord Anglia Education and the Board of Directors of the Investment Committee of the Bridgepoint Health Foundation and was the Chair of the Board of Directors of Vitalhub Corp., a mobile healthcare startup company. Ms. Orida holds a Master of Business Administration from The Wharton School and a Bachelor of Laws and a Bachelor of Arts from Queen’s University, Canada.

Zubin Jamshed IRANI
Zubin Jamshed IRANI
Non-executive Director

Zubin Jamshed IRANI was appointed as a Non-executive Director, a member of the Audit Committee and a member of Remuneration Committee of the Company on 30 April 2019. Mr. Irani is a Partner with TPG Capital and leads the Asia Operations Group. He brings over 20 years' experience in building strong teams, driving performance and managing change within businesses.

Zubin Jamshed IRANI was appointed as a Non-executive Director, a member of the Audit Committee and a member of Remuneration Committee of the Company on 30 April 2019. Mr. Irani is a Partner with TPG Capital and leads the Asia Operations Group. He brings over 20 years' experience in building strong teams, driving performance and managing change within businesses. At TPG Capital, Mr. Irani has worked in the consumer, healthcare, financial services, telecom and technology sectors. Prior to TPG Capital, Mr. Irani was with United Technologies Corporation ("UTC") where he led the business in India which included Carrier Air-conditioning and Refrigeration, Otis Elevators and UTC Fire & Security. Mr. Irani started his career at McKinsey & Company and worked in the Cleveland, Detroit, Copenhagen and Mumbai offices, serving several multi-national clients with a focus on automotive, industrial and post merger management. Mr. Irani holds a Masters in Materials Science and Engineering from Massachusetts Institute of Technology, U.S. and a Bachelor of Technology in Materials Engineering from Indian Institute of Technology Kanpur, India.

Teck Chien KONG
Teck Chien KONG
Non-executive Director

Teck Chien KONG was appointed as a Non-executive Director and a member of the Nomination Committee of the Company on 30 April 2019. Mr. Kong is a Partner at MBK Partners and is based in Hong Kong. With extensive investment experiences in both the telecommunication and media industries, he has led MBK Partners’ investments in WTT Holding Corp, China Network Systems Co., Ltd. and Gala TV Corp.

Teck Chien KONG was appointed as a Non-executive Director and a member of the Nomination Committee of the Company on 30 April 2019. Mr. Kong is a Partner at MBK Partners and is based in Hong Kong. With extensive investment experiences in both the telecommunication and media industries, he has led MBK Partners’ investments in WTT Holding Corp, China Network Systems Co., Ltd. and Gala TV Corp. Prior to MBK Partners, Mr. Kong spent five years at Carlyle Asia Partners, where he was Vice President and co-head of the Singapore office, and three years in the investment banking division at Salomon Smith Barney in New York and Hong Kong. Mr. Kong currently serves on the Board of Directors of Apex International Corporation, Teamsport Topco Limited and Siyanli Co. Ltd., and has experience serving on Board of Directors of Beijing Bowei Airport Support Limited, China Network Systems Co., Ltd., Gala TV Corp., GSE Investment Corporation, Luye Pharma Group Ltd and WTT HK Limited. Mr. Kong holds a Bachelor of Business Administration from the University of Michigan Business School, U.S., and has completed an executive management programme at Harvard Business School, U.S..

Stanley CHOW
Stanley CHOW
Independent Non-executive Director

Stanley CHOW was appointed as an Independent Non-executive Director of the Company on 6 February 2015. Mr. Chow has over 21 years of experience as a corporate lawyer in Hong Kong and Canada, including more than 18 years of expertise in dealing with the Stock Exchange's Listing Rules during his time in private practice and as a senior manager at the Stock Exchange's Listing Division.

Stanley CHOW was appointed as an Independent Non-executive Director of the Company on 6 February 2015. Mr. Chow has over 21 years of experience as a corporate lawyer in Hong Kong and Canada, including more than 18 years of expertise in dealing with the Stock Exchange's Listing Rules during his time in private practice and as a senior manager at the Stock Exchange's Listing Division. Mr. Chow was a partner in the Hong Kong office of Latham & Watkins, an international law firm, from March 2009 to February 2014. Prior to joining Latham & Watkins, Mr. Chow practised law with Allen & Overy, from November 1996 to January 2009 where he was a partner in its Hong Kong office for over 8 years. As a corporate lawyer in Hong Kong, Mr. Chow has advised on a broad range of corporate finance and mergers and acquisitions transactions. Prior to his time in private practice, he was a senior manager in the Stock Exchange's Listing Division from May 1995 to October 1996 and also practised law with Canadian law firms in Hong Kong and Canada. Mr. Chow is a member of The Law Society of Hong Kong's Company Law Committee and was admitted as a solicitor in Hong Kong in 1995 and in England and Wales in 1994. He was also admitted as a barrister and solicitor in British Columbia, Canada in 1994 and in Ontario, Canada in 1991. Mr. Chow graduated from Queen's University, Canada with a Bachelor of Commerce (Honours) Degree and holds a Juris Doctor from the University of Toronto, Canada.

Quinn Yee Kwan LAW
Quinn Yee Kwan LAW, SBS, JP
Independent Non-executive Director

Quinn Yee Kwan LAW, SBS, JP, was appointed as an Independent Non-executive Director of the Company on 6 February 2015. Mr. Law currently serves as the Deputy Chairman of Professional Conduct Committee of the Hong Kong Institute of Certified Public Accountants, and is an advisor of the Hong Kong Business Accountants Association.

Quinn Yee Kwan LAW, SBS, JP, was appointed as an Independent Non-executive Director of the Company on 6 February 2015. Mr. Law currently serves as the Deputy Chairman of Professional Conduct Committee of the Hong Kong Institute of Certified Public Accountants, and is an advisor of the Hong Kong Business Accountants Association which he was previously the Director and the Vice President of such Association. Mr. Law is currently an Independent Nonexecutive Director of Bank of Tianjin Co., Ltd. (stock code:1578) and ENN Energy Holdings Limited (stock code: 2688), both of which are listed on the Main Board of the Stock Exchange. From 1 August 2012 to 31 July 2018, Mr. Law was a council member cum Audit Committee Chairman at the Hong Kong University of Science and Technology. From 1 March 2008 to 28 February 2013, Mr. Law was the Deputy Chairman and the Managing Director of the Urban Renewal Authority, a statutory organisation in Hong Kong. Mr. Law is a Fellow of the Hong Kong Institute of Certified Public Accountants and is also a Fellow of the Association of Chartered Certified Accountants. He was admitted as an Associate of the Institute of Chartered Secretaries and Administrators on 11 November 1980. In view of Mr. Law’s experience in reviewing or analysing audited financial statements of private and public companies, the Directors believe that Mr. Law has the appropriate accounting or related financial management expertise for the purposes of Rule 3.10 of the Listing Rules.

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CHAPTER XXIV A PUZZLING DEVELOPMENTDuring this year the Americans continued to hope for relief to themselves from the progress of the Armed Neutrality, but derived little good from it, though, through their exertions, they beheld Holland added to the open enemies of England. The Dutch Government, flattering themselves that, with nearly all the world against her, England must succumb, had long been secretly in negotiation with the insurgent subjects of England, and their treachery was now suddenly, by a singular circumstance, brought to light. Captain Keppel, cruising in the Vestal frigate off the banks of Newfoundland, in the month of September, captured one of the American packets. On the approach of the British boats to the packet, it was observed that something was hastily flung overboard. A sailor leaped from one of the boats into the sea, and succeeded in securing this something before it had sunk beyond reach. It turned out to be a box, which had been weighted with lead, but not sufficiently to render it so rapid in its descent as to prevent its seizure by the British tar. On being opened, it revealed a mass of papers belonging to an American emissary to the Court of Holland, and opened up a long course of negotiations, and an eventual treaty of peace and commerce between Holland and our American colonies. The bearer of these papers was discovered on board the packet, in the person of Henry Laurens, late president of the American Congress. These most important papers, together with their bearer, were sent with all speed to England. Copies were forwarded to Sir Joseph Yorke, our Ambassador at the Hague, who was instructed to demand from the States General the disavowal of the negotiations. The States General, confounded by the discovery of their clandestine negotiations, remained silent for a week, and then only replied by advancing complaints of violence committed by the British navy on their traders, and of its having insulted the Dutch flag by seizing some American privateers in the port of the island of St. Martin, under the very guns of the fort. Sir Joseph did not allow himself to be diverted from his demand, but again, on the 12th of December, a month after the presentation of his memorial, demanded an answer. No answer was returned. England was thus compelled to declare war against Holland on the 20th of December, Sir Joseph Yorke being recalled by the king, and Count Welderen receiving his passports in London.When the House met again, Pitt moved for leave to bring in his Bill for the better government and management of the affairs of the East India Company. He was aware, he said, how certain men would triumph when he informed them that he had based his intended measures on the resolutions of the proprietors of India stock. He was so miserably irresolute, he said, as not to venture on a Bill founded on violence and disfranchisement. He was so weak as to pay respect to chartered rights; and he had not disdained, in proposing a new system of government, to consult those who had the greatest interest in the matter, as well as the most experience in it. These were all hard hits at Fox and his party. In his Bill he went on the principle of placing the commerce of India chiefly under the control of the Company itself; but the civil and military government, he admitted, required some other control than that of the Company, yet even this, in his opinion, ought to be established in accordance with the convictions of the Company. In truth, it was a Bill rather calculated to win the good will of the East India Company than to reform the abuses of that body and to protect the interests of the natives. Fox, with as much truth as personal feeling, designated the Bill as the wisdom of an individual opposed to the collective wisdom of the Commons of England.
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