Ricsha Licenses suspended confiscated.
Wheelbarrow Licenses suspended Beggars, Hawkers and Ragpickers Yotal umber of persons coming under the notice of Police Chinese dead bodies found in street Stray dogs captured 4. M. Bosnasos, Captain, Captain-Superintendent of Police. of the Director Bist March, 1901, "for presentation shareholders at the second ordinary meeting to be held at thi Head Office of the Company, on 27th May, 1901, at 5 ock in the afternoon.
The Report which the Directors hare now the pleasure to lay -before the Shareholders embraces the period from the inauguration vt the Company to the 3ist March of this year The time employed before the service could begun was extended beyoml our reasonable expectations, firstly, by the refusal of the old Company to accept an offer for the purchase of their plant, which was dismantled, and secondly, by the political events of lastest which forced pany' to suspend work in order to supply 1 service adapted for the defence of the Settlements, at the request of the Authorities. Moreover much difficulty was encountered during the summer months by the want of suitable workmen, and by, illness of the foreign engineer who came out in May, and will be compelled to return home.
On the Ist August, four months after the cessation of the old service, the Exchange wa: opened with 107 subscribers. On the same date the Exchange was connected with a uvate exchange at Pootung, and in Novem-the latter was closed, and the Pootung subscribers were connected direct' with the The Company has secured suitable premises on a lease of ten years, on reasonable terms, at the corner of Hankow and Kiangse Roads. ner of telephones, connected ALS, and applications were 1 on the Books for 111 more, which are being Jattended to in order, with all possible des:
We have to acknowledge with thanks the ready assistance afforded us by the Municipal Councils of both settlements, and the services their stalls, without which we would not have been able to carry out the work as expeditiously as it has been done, 'The Profit and Loss Account, aiter 1g for Directors' and Auditor's fees, amounting to Tls. 1,300, will show a profit of itis. 8,087.58, which includes Ths. 4,134.09 Fees, and this last stim the propriate in the follow.
Expenses Account, Tls. 2,316.41 to place to the credit of a Reserve Fund.
Out of the remainder of the profit, Tls. 3,053.49, we recommend that a dividend at the rate of 5 per cent be paid to shareholders on the paid up Capital, absorbing Tls.3,647.50, and that the balance, viz, Ts, 305.99 Lo carried to the credit of new account, Directors.—Me. Campbell, Dr. Macleod, and Mr. Johnston left Shanghai during the period under review, but Dr. Macleod has
irided by the Articles of Association, Mr-.otumed and rejoined the Boards pro.
Text read from the printed page and cleaned; old type leaves the occasional error.