Bisnor seconded the election of Mr. An-part of the year the main pumping engines at present in excellent order. In the early drew Burman as auditor. were thoroughly overhauled, all necessary repairs executed, and they have since performed Mr. J. BUCHANAN said he wished to pro-their work in a most satisfactory manner. pose Mr, Drummond Hay.
In view of the continued growth of the Mr, Kaze thought one auditor was quite foreign settlements and the annually increas-sufficient. ing demand for a water supply to the Chinese The Cuarnmas said the matter was one population, the Directors, on the recommenda-to be left entirely to the shareholders. tion of their engineer-in-chief, have entered The auditors for the past year had been into a contract with Messrs. Hathorn Davey Mr. Burman and Mr. S, Walker. The Ca. for a compound condensing pumping; latter, owing to his intention to leave for and high pressure boiler, capable o home, did not offer himself for re-election ring into the water tower 4} millions of but Mr. Burman did offer himself. lions of water during 24 hours, Mr. J. W. fort is acting for the Company in England Mr. Kazp said he would propose that in Superintending the construction and shipment future there should be only one auditor. of the new pump, &c., which is a guarantee After some further discussion, in the that the work will be efficiently and satisfac-course of which Mr. Douglas Jones and torily executed.
Mr. Wainewright supported the appointment of a second auditor, the Chairman above additions to the plant of the Company, To provide funds for the payment of the
put the first resolution (for the appoint-it has been decided to make the final call of ment of Mr. Burman) and it wes carrie £5 per share on the third issue of 1,200 shares, acm. con, and it is the intention of the Directors to give The Cuatnmay announced that written the requisite notice of the call being payable on 30th June next. applications for the, post of auditor had been received from Messrs. Drummond The more general use during the year of Deacon's waste water meters" has proved Hay, Wilmer Harris, H. J. Limby, Hy. of the greatest service in detecting under Hertz, G. W. Noel and J. A. Taylor. ground leakage, and the result hus amply proposed by Mr. Buchanan and seconded Mr. Drummond Hay was then formally number of these meters in various districts of Paid the expenditure incurred in placing Mr. Brown; Mr. G. W. Noel was pro-the Settlements. josed by Mr. Young and seconded by Mr.
Mr. T. Wood resigned his seat at the board 1b; and Mr, J. A. Taylor was proposed on the return of Mr. J. M. Ringer from leave Mr. F, Anderson and eoonded by Mr. of absence, and in accordance with the provi-Wainewright. The other three candidates sions of the articles of association Mr. H. R. now retires from office, but being were not proposed. eligible, offers himself for re-election A ballot was taken, and it was announced Of the present Auditors, Mr. Burman offers as the result that Mr. Drummond Hay had himself for re-election. received 109 votes, Mr. Noel 29 and A. McLzop, Mr. Taylor 22. Mr. Drummond Hay was Chairman. accordingly declared elected.
Shanghai, 11th March, 1890.
Mr. Dovetas Joxzs proposed a vote of thanks to the Chairman and Board of Wonxixe Accocsr, for the year ending Directors for the satisfactory report and accounts they had presented, and to the ait Dee aaite 1889.
Expenditure.
Chief Engineer, Dir. Wood, to whose indefatigable energy was due no To Engineer's Department—small portion of the prosperity of the Salaries and wages, clean-Company, and who had the happy knack ing filter beds and reser-vairs, repairs to mains of getting on well both with the European and works generall; 11,016.60, community and the natives, Repairsto engines 1,613.25 The vote was accorded by acclamation. and the meeting terminated. to Depreciation account 900.00
Text read from the printed page and cleaned; old type leaves the occasional error.