An Extraordinary General Meeting of the Shareholders of the above Company was held at the Shanghai Club day afternoon, when there were pi Mossts, R. Mackenzie, 'T. W. Kingsmill, H. Anderson, Skeels, B. Ward, C. S. Sharp, W. B. Jamieson, and Wilmer Harris (Secretary). representing 33 shares On the motion of Mr. Mackenzie seconded by Mr. Anpenson Mr. Krnas-MINI was unanimously voted to the Chair.
The CHAIRMAN read the notices conven ing the meeting, and explained that although there was a sufficient quorum for ordinary business, there was not one for the special object for which they had assembled. The meeting could determine whether the property was to be leased, and give tors power to do so. Judging all attendance he believed the ling was not in favour of wind-Company. An they could not Recide whether the premises' were to be lution to that they could The retiring Directors are Mr. Fraser and Mr, Scott, who being eligible offer themselves for election.
The Shareholders will have to appoint Audi: tora for the current year, J. Murray Rozerrsox, Chairman, 65, Old Broad Street, Gth April, 1882.
Gemrat. Buran, $0 aut December, 1881. Be (Gapitat Paid (heedabrond at parIoeseseee 75000 '5 6 Special Reserve Fan it con I Reserve Fe 1d. (provision for con- card "intent loss on return at Lud. per Rupee sterling Deposits 73,125 0 0
Depot for xed peioda 2/710 -yat rer demand erty eNOS 6 6 Drsttdon tcadon Bankers, 09,970.17.8
720,423.15.8
The Un lowan anid that, as the senior director, after Mr Nicvl, the duty devolved upon him to take the chair upon this in so doing he had to expre the regret of himself snd his colleagn that Mr. Nicol had lost his health, which prevented him from presiding on this occasion, ashe had done for upwards of twenty years, Ho had seen th through good times and bad times, and having been associated with him during the grenter part of that period, he (the chairman) could assure them that his most anxious wish had always been the welfare of the Chartered Meroutile Bank, (Hear, hear.) Henceforth the office "f chairman would be taken in rotation. It was unfortunate for him that he had to preside for the firs time upon a rath fortunate occasion, when the balance was not a good one, and it was his duty to explain to them how it was that the results of the half your had been so unfavourable, The report stated that the unfortunate results were chiefly attributable to the disturbed and uncertain condition of Eastern exchanges art of the half-year, and also competition for exchange business in the Hast, which go narrowed the margin for profit that the rise in the value of money in London converted what have been remunerative After a brief conversation in which the subject of a new lease was mooted, Mr, ANDERSON proposed— ig there are not a sufficient num-ares represented to pass a resolution authorising the able of the property and winding up of the Company, the Directors be empowered to make a lease of the promises for one or two y he beat rent—necording to their dis the motion, which, ug put to the meeting, was carried nously.
With a vote of thanks to the Chairman the meeting then adjourned.
Text read from the printed page and cleaned; old type leaves the occasional error.