the shareholders in the Hall & Holtz Co-The second ordinary general meeting of
operative Company, Limited, was held on Saturday morning at 11 a.m., at the Head Office, 13, Nanking Road, Shanghai, "Mr. E. W. Rice presiding.
The other shareholders present were: Messrs. J. Morris, G. Galles, W. H. Short, (Directors), M. F. Patterson, H. J. Dyer, 'A. E, Skeels, Geo. Comer, J. D. Clark, R. E. Wainewright, H. Kirby, W. Hayward, J. A. Stewart, 8. Bowness, and W. W. Clifford (Secretary), representing in all' 3,342 shares.
The notice calling the meeting, and the minutes of the last meeting, having huan read and the latter signed, The Cuarnaax said—You have been pro-sented by the Directors with their Report and Accounts for the past year showing the working of the Ca-operative Company nnd as they have been in your inds since the J8th instant, you have no doubt looked over them, and we will, with your permission, take them as read. There is very little further for mo to say; business has been fairly good, but, the rite of exchange has been very bad for us, and of course there has boon very severe competition for us in every way, If any gentleman has any questions to ask I sha most happy to answer them.
There being no questions, The Chairman proposed:
That the Report, of the Directors and Ac+ counts of the Hall & Holtz Ca-operative Com: pany, Ltd, as presented, be se cepted and passed.
This was seconded by Mr. G. Gants and carried unanimously.
The Caama@ax—The next resolution I have to propose is a more pleasing one—
That interest at the rate of 5 per cent. per anmim be paid on and after the 2nd May, recommenced by the Directors.
Mr. Jou Morris seconded the resolution which was carried nem, con.
Mr. Morris proposed—
That Mr. George R. Comer be re-appointed Auditor to the Company for the current year.
Mr, Wa. H. Suoxr seconded the motion.
Carried nem. con.
Mr. Warnewnicut—I bog to propose, and have much pleasure in doing s0— and Short be appointed Directors of the Hall That Messrs. Rice, Morris, Byrne, Galles and Holtz C. Ca., Limited, for the current year.
Captain Parrersox seconded the resolution which was carried unanimously.
The Cxarnuax—Now, Gentlemen, if no one has any questions to ask, the moti will conclude... The dividends will be pai on the 2nd of May.
There were no questions.
Mr. Comer pr 2 vote of thanks to the Chairman and the Directors. for -their care of the shareholders' interests during the year.
Mr. Dyer seconded the resolution which, was carried by acclamation.
The Cuamstas thanked the meeting which then adjourned,
Text read from the printed page and cleaned; old type leaves the occasional error.