the Directors beg to Shareholders their Financial Statement to the 3ist December, 1884.
The profits from all sources on the working of the year amount to £4,885 11s. Lod., from which it is recommended that a dividend of Four per cent. on the Subscribed Capital of the Company, amounting to £4,800, be paid, leaving £39 Is, be catriod to the Credit of the pre:
Bauaxce Suet, On the Bist day of December, 1881 To Capital—fad £ ad, Liabilities, 9,009 stares, £20each, fally a 100,000 0 0 ste) of £20 each, ab £5 premium, 'Amount received to date, exclusive of preminn.,..' 19,09 17 8 11,580 17 5 Reserve Fund—Premiuims reveivel to duty....se+4++ 5,000 0 0 per Sebi yo ago 2
The following summary of the Report of Chief Kngineer represents the condition of the Works The whole of the Works, Buildings and Machinery are in perfect orde been maintained in a state of ud the ord unavoi 3 to the Main Serv'co Pipes Fire Hydrants is the Public roads have taken e from time to time durin the year, this branch of the Company's works has been kept in order at a very small cost, Water Tower:—I am pleased to report has not cost one dollar fur maintenance during the year believe to be in perfect coudiiion,, aad Lhe whole of the Company's property
therefore I have no suey or recommendation to make, Ihe service has met with unqualified approval, and though the extent of our operations for the past year Aweis, By Capital Expenditure ead £ ads On Real Estate 5,18 15-6 Buildings, Work charges incurred dating erect tow. 110, 1 115,009 10 7 By Stock Account—'On Fittings As 4,303 6.10 Pipe Layers' Acco HIS 15 4 PumpingStation Accoait "466 5 0.
Office Furuittre Account—Loud and Shanghai, ass 1 Suudey Debtore "As per Scheale.. 3286 9.8 Hongkong and Siisngi Balance at credit of Company Shanghai. 2,813.19 3 Overdraft in London, 1y73 1-9
Betty ala itt baud
Text read from the printed page and cleaned; old type leaves the occasional error.