The Archive · 1899

Hongkong and Kowloon Wharf and

The annual meeting ofsharebolders in this Company, which was held on Monday morning, the 20th inst,, wasthinly attended, owing chiefly to the The the report and accounts, stated in addition to the very sativiactory progress shown therein that since the Company's debentures were issued in 1894 no lew than $126,470 had been expended in new buildings, thereby greatly incronsing the security given. A Fecent valuation of the Compamy's assets shows that, taking the land at prices even lower than that at which adjacent property had changed hands, and the wharves and buildings it what they would cost to-day, and the fronting property at what it would realise at.auetion, the ascots exceed the liabilities by more than haifa-million dollars. Mr.

joosmapn, in seconding, paid a well-earned tribute to' the management, which will be cordially endorsed by all the absent sbareholders. The other formal business was theo transacted ead the mesting broke up.

Text read from the printed page and cleaned; old type leaves the occasional error.

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