The Archive · 1880

China Coast Steam Navigation Company

To the Editor of the Dear Sui,—In his share circular of yesterday's date, Mr. Charles Rivington bays Gunva Coast Sreaxt Navicattox Coxpany."—Tho dividend, Emnderstand, was rather smaller than the earnings would have permitted but for the consideration that if a larger amount had been declared the shareholders would have expected a still further amount at the close of the Now, as a shareholder, I wonder whether the above paragraph was inspired; and, if

your readers—O.C.8.N. Ca. shareholders to, T shall be glad to Team from any' of: course—whether they consider the managers and directors of the Company have acted fainly by them under. the m: circumstances. For my own part I have never expected a higher dividend than the earnings afforded, nor do I believe have any of my ce-shareholders ever looked for more, and I therefore call upon the managers and directors for the payment of-what may. be in their hands belonging to. me by way of dividend, or for a repudiation of the above statement by their auditor.

Taddress myself to you, Mr. Editor, in this business instead of to the managers and directors,. because the matter having been given publicity by Mr. Rivington, it is in my opinion no longer private, and because I feel that it is the only way by which I can arrive at the views of my ce-shareholders.

Yours truly, Shanghai, 25th Aug.

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

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