The annual general meeting of the above Company took place on Saturday, at their offices, the Hon. Jas, Whittall in the chair. There were pres ars. Gower, Weller, Mitchell, Redecker, Newton, Chinoy, King, Bell, Vaucher, Andre, Cheverton, Chater, Fairbairn, Hon. BR Rowett, and Dr. Aduns.
The Cuarnsax, before the proceedings opened, noticed that there was a difficulty in constituting the meeting etrietly accord ing to the Deed of Association, as that required that not Jess than ten shareholders, representing at least 500 shares, should be resent, The difficulty was that if a shareholder not present was disposed to dispute the accounts or raise atler objection, he the meeting. Practically it i s the accounts in the hands of the shareholders, it might be presumed that if anyone objected, he would be present to state his objection. It seemed doubtful whether any advantage would be gained by postponing the meetin there seemed little chance of the requi ber of shares being obtained.
The Cxamatan then put it to those present whether, under the circumstances, the business should be proceeded with, and on position of Mr, Andre, seconded by. Vaucher, it was decided to do so.
'A tally taken showed that the share: holders present represented 192 shares.
The notice convening the meeting, and the minutes of the last meeting, were read, and the latter unanimously confirm The Cuaman observed that as the report had been so long in the hands of the shareholders, it was not necessary to read. it over; but he wished to point out that there was a slight mistake after the words "the losses have been small," where it was stated the only outstanding is a claim of about $2,200 from Ningpo." It should have stated that there was no present "scertained claim, because many risks ran on into this year, and it might so happen that some of those risks might result in loss. He merely mentioned this to correct a wrong impression which might arise to the effect that the Office was closed for 1872, because if a fire took place in a risk taken last year, the loss would come into that year,
seconded by the Hon. R. Rowett, and Tt was then Proposed by Dr. Adams, carried unanimously, that the report and accounts be passed,
Text read from the printed page and cleaned; old type leaves the occasional error.