the annual general meeting of the aliareholders in the Puotung Wharf and Godown Company was held on Thursday afternoon at the otices of Messrs. Russell & Ca. Mr.
D. Hitch, Chairman of the Board of Directors, presided, and there were also present Messrs, 11. J, Such, St. C. Michnelson and G. H. Wheeler (Directors), J. Sharp, A. Riva, J. A. Ballard, A. Hunter, V. DO. Wintle, A. J. H. Catlill, H. Gore-Booth, Abothora, representing 622 shares.
The following Report of the Directors and Accounts were submitted vog to present to Shareats for the year ading Slat low, Di ctors? and Auditor's {eos Ts, 6,384.70; and the balance of Profit and Lots account, including Interest received and providing for depreciation of steam-launch Ripple is Tls. 3,782.57, which is earn ward to credit of the new account, te day of and have 'a further dividend of two per cent, ('Ils, 2,00 per share) payable on the Stl, of February ne During the year further improverments and alterations have been made to the property of tuo Company... One new godown lin built for Kerosine Oil, capable of storing he godowns, sheds, Whar 1g Stages are now completed in thorough order, and the Directors believe there will be no further alterations or repairs of avy importance required for " long time to straight live of bund ig Shed, @ distance of 70 feet, and to of the opportunity to reclaim the mud flat as shown in the plan of the premises; und to putin thorough order the piling and bunding from No. 2 Shed to lower end of the wharf, Chis work has been completed and is a permanent improvement, Our business during the past year in com-mou with other local enterprises, las been affected by the continued depre bat the Directors have every reason to hope for afair share of business when the trade of the Port improves,
Text read from the printed page and cleaned; old type leaves the occasional error.