SCC Debenture from 1934

One of my colleagues whose family has some stuff in the attic from the SCC in the 20’s and 30’s gave me a copy of this debenture issued in 1934. $1000 (there were 50 of them) paying 6% a year and redeemable in 1964. Obviously they never got their money back. Below also this photo of the Taikoo and Wayfoong teams from 1923. Comparing photos across the years some of the money raised in 1934 clearly went towards extending the clubhouse and particularly the bar presumably at the behest of the Gentlemen. The guy in the middle in the suit is the head of HSBC, who built their building on the Bund.