The Minutes of last Annual Meeting having been read and adopted, the Municipal Report for 1868 was submitted to the meeting, and account current showing particulars of receipts and expenditure was laid upon the table, After Mr. Jerperx had read the Report, Mr. Maxwett wished to remark, that since the accounts had been made up, it was discovered that, a sum of Tls. 170 was yet due to the contractor for sundry works connected with the Bund; moreover, that Mr. Ivanhoff claimed for a return about Tis, 200 for Wharfage Dues paid on as shipped from Messrs. Russell & Co.'s premises, and which he had been given to understand were exempt from this Tax, as they had not been brought into the Concession. The speaker said ti {r. Ivanhoff had alleged in support of his claim, that Messrs. Overweg Ca. lind evaded the payment of Dues on Teas similarly shipped.
Some general discussion then took place, in the midst of which Mr. J. H. Evans rose, and suggested that the first duty of the meeting was the passing of the accounts now before them. and the adoption of the Report. After alluding in complimentary terms to the efficient manner in which the retiring Council had discharged their duties, he said it gave him much pleasure to propose the first resolution, viz.—That the Accounts and Report for the year 1861 be passed.
This was seconded by Mr. R. W. Wittrasts.
Before the question was put to the meeting, Mr. Ramsay wished to enquire, whether in the event of the accounts being passed Mr. Ivanhoffs demand for a return of Tls. 200 for Wharfage Dues, could be complied with?
Mr.J.H, Evans was of opinion that if Mr. Ivanhoff's claim could be proved good, the mere passing of accounts would not invalidate it, Mr. Ramsay remarked that the Banks paid nothing on goods going into their godowns.
Mr. Jackson wished to explain that if Mr. Ramsay's observation was directed to the Hongkong Bank, he begged leave to say that he had temporarily let his godown to Messrs Holliday,
Text read from the printed page and cleaned; old type leaves the occasional error.