Rerort for presentation to the olders at the thirty-ninth ordinary meeting, to be hold at the Company's Offices, on Saturday, the 16th of December, 1905, at noon.
The Directors have uow to lay before the shareholders the accompanying state-mont of accounts for lod 30th April la Thonet Premiaamount to $1,809,844.06, and the Working Account shows a balance at credit of $239,172.57, which sum the Directors recommend be appropriated in the following manner A dividend of 18-per cent. to shareholders ($4.50 per A dividend of 15 per cent. on ing Contributions, (payable to. Contributors whether shareholders or not) 70,000.00 ce to Underwriting Account to close the 61,172.57
$239,172.57
Dingotoxs.—Mossrs. E. Ormiston and H. Schubert - retired from. the Board during the: year; Messrs. A: R. Linton and C..R. Lenzmaun accepted invitations from the Directors. to fill the: vacancies ud their appointment will be submitted Mesers. C, R. Lenzmann and A. Haupt retire by rotation and offer themselves for re-election.
Avprrors.—The annexed accounts have been audited by Messrs. T. Arnold and Hi. U. Joffries, who offer themselves for re-election.
Chairman, Hongkong, 20th November, 1905.
Text read from the printed page and cleaned; old type leaves the occasional error.