The Archive · 1870

Public Meetings

THE FRENCH GAS COMPANY

A meeting of Sh: ehuldors was held on the 16th instant.

President, Baron, Hennequin, Laborde, Morel, Mitchel, and Nachtrieb.

The Cuatnyay mentioned, as the first business before the meeting, that M. Hen-sequin had been appointed a Director in place of M. Pélégrin retired.

The appointment was confirmed. The accounts for thirteen months ended 3ist December last, were next laid before the meeting; and M. Moret explained, in reply to Mr. Cowie, that a profit had been realised of Tls. 4,649 of which Tls. 455 had been appropriated to pay M. Pelegrin's passage home; Tis 1,100 in building a house for the employes; and about Tls. 2,000 in plant loaned to Chinese consumers on which interest was charged, leaving a surplus of Tls. 1,140. The object of the latter step was, of course, to promote consumption.

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

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