Uarding, and adopted unanimously, DIN. Horgivs moved, and Mr. Daerm Messrs, P. Maclean and Charles ton be appointed auditors for the current year.
The motion was unanimously agreed to.
CHaraax culled on Mr. FRanors resolution, Bent, interposing, reposed issue of made only lately that it had been was no scheme properly matured,
the Directors that it would be wi new shares. At the same time they been able to pay x good dividend to shareholders. the whole matter was mature that he thought it would be to bring before thi The director ing very carefully, and bring before the share holders. definite scheme. Although Mr, suggestion would bea very valua-appeared to him better to wait till the Directors brought forward a dofinate scheme. they would bring it fore ward in two or three months, and there would be ample time for the shareholders to fully consider any modifications which they might think desirable.
Me. Fraxcis said that after Bell had said he would not lution, but would simply migges tion to the consideration of the shares holders, He wished to remark, however, that some of the shareholders appeared to think that 200 additional shares would be better than the number he had previously suggested, He agreed that it might ba a youd thing to issue 200 instead of 100, Mr, How presumed the directors know whether they could issue shares at a pre= minus, or not, but he was himself doubtful whether they had the power, The Dood
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