On Monday afternoon the second ordinary general meeting of this Company was held at the offices, 12, Szechuen Road. Those present were Messrs. Ph. Lieder, B. Rehd-Director), Mr. M. Rohde (Auditor), Mr. T. ers (Directors), Mr. H. M. Schultz(Managing Bunt, and Mr. J. Chapsal, representing 249 shares.
Mr. Ph, Lieder presided and moved the adoption of the Report and Accounts, which were taken as read. He said there was little to add to the Report. As the Directors had said therein the machinery, asa whole, had given satisfaction. In the meantime they had heard from their Engineer that he had satisfied himself with the makers at home that the machinery was all right, but would work even better with some slight improvements to be made next season, The appliances had been bought already at a cost of about £35 or £36, and for some slight alterations for next season the expenditure would amount to about Tls. 400 or Tls. 500. He thought therefore they were on a sound basis far as that went. The new distiller had been put, up lately so the Compan: would be in a position to make distilled ice. It had not been worked yet, but it would be very shortly. Distilled ice he thought would find favour with the steamer people, as it would keep much longer, and would be safer in times of epigamic.
Mr. Schultz, in reply to Mr. Chapsal, said that next summer the Company would be able to turn out 10 tons of ice a day, and with improved facilities for storing the ice, they hoped to be able to meet the demand of the hottest part of the season. In March and April they would be able to manufacture and store the ice, as of course when the thermometer was up to 95° or 96° it was not easy to keep up to the maximum out-put.
Mr. Chapsal remarked that he thought the ice which was stored became somewhat "milky" in appearance.
Mr. Schultz thought the distilled ice would not be subject to such objection.
Mr. Bunt said that the apparent opacity was attributable to the water. Ifa column of Shanghai water 4ft. high were taken and left to stand in a glass tube, it would be found there was a settlement at the bottom. It was a defect in the Yangtze water, and there was always a deposit from water filtered through sand-beds.
The Report and Accounts were then adopted, and the dividend declared. seconded, and it was agterd to: That Me.
The Chairman proposed, Mr, Chapsal
E. Rehders and Mr. N. E. Cornish be re-elected Directors."
Mr. E. Rehders proposed, Mr. Bunt seconded, and it was agreed to: "That Mr. Ph. Lieder be re-elected a Director."
Proposed by the Chairman, and seconded by Mr. Bunt, Mr. M. Rohde was re-elected Auditor.
Text read from the printed page and cleaned; old type leaves the occasional error.