Meeting of the Company, to be held at the Offices of the General Managers on Tuesday, 4th February, 1902, at 4 p.m.
The Directors submit their Report together with the Account of the Company for the twelve months ending 31st December, 1901.
During the month of September it was found necessary to stop the working of the order to thoroughly overhaul the afting; this was satisfactorily completed and the Mill is now in good working order. Tls. 44,463.19, which sum, after deducting The year's working shows & profit of the debit carried forward of Tls. 17,538.49 from last year, leaves a sum of Tls. 74 to be dealt with, which the Directors recommend as follows To write off Tis. Property Account—Chinese Reservoir and Land Improve-fonses 2,405.76 ments. 8,889.86 Machinery 10 Furniture 204.02
Tls. 26,924.74
Directors.—Mr. C. Michelan and Mr. Chiang Liang-yue retire in rotation by the Article of Association, but offer themselves for re-election.
Auditor—Mr, G. R. Wingrove again offers himself for re-election as the Company's Auditor.
J. M. Youxs, 1p; Inert & Ca., General Managers.
Shanghai, 15th January.
PROFIT AND Less AcQoUNT.—3Ist December, 1901.
Text read from the printed page and cleaned; old type leaves the occasional error.