Mr. C. T. Gardner, H.B.M.'s_ Consul in the chair. Present messrs. Ramsay, Oxley, Reynell, Whistler, (Municipal Councillors) Beurmann, Wood, Smith, Thyen, Pechatnoff, Richards, Rev. Angelo Vaujdagna, Rev. Pere Hernandez, Foster, Rev. Dr. John, Price, Archibald, Lay and Sharp, representing 92 votes out of a total of 98, Mr. Sharp, Secretary of the Council, read the Circular of H.B.M.'s Consul con: vening the meeting.
The report and accounts as published were laid on the table, The Council elected at the last annual meeting consisted of Messrs. Molehanoff, Osley, Ramsay, and Reynell.
Molchanoff leaving for Europe, Me. WI ler was elected in his place.
The accounts annexed, shew under the head of Income a falling' off of 5% in import and export dues, which was to be expected. 'They will' probably be again much reduced in the coming year. By the kind permission of the Commissioner of Customs, sanctioned from Peking, an account has been taken from the Euston books of the quantities of tea exported by each resident on the concession. Comparison with the amounts of export dues received shews that most shippers have paid on the correct quantity, but there are some exceptions, and the Council recommend that proceedings be taken against these exceptions for the recovery of the amounts due, Under the head of Tls. 10.00 must be noticed, the omission to pay the tax for a pri entrance to the Concession by messrs. Butterfield & Swire.
Text read from the printed page and cleaned; old type leaves the occasional error.