An informal meeting of shareholilers in the Perak Sugar Cultivation Company, Limited, was held at the Com-any's offices, No. 22, Kiangse Road, on nesday at 4 p.m. The mooting was called to discuss certain proposals as out ina private circular issued to There were present:—Mr. W. V. Drummond (Chairman), Sir Charles Dudgeon, Messrs. J. H. McMichael, and Young (Directors), Messrs, A. Jones, R. H. Gore-Booth, Crawford D. Kerr, E. C. Pearce, A. 8. P. White-Cooper, W. B. Jamieson, H. J. Tripp, 8, 'Bart, RIN. Macfarlane, W. Carlson, J. P. Roberta, Ping Ur. H. E. Campbell He King' Hiller, FR. Rogers, and Leonard Kerr (Secretary), The total number of shares represented was 2,186.
The Obsiroan said that on the 12th inst. the directors issue? a circular notice 18 and also " pre In this doccment the sharehold-ra notice of *heir intention to call ing that day, and they a's0 of the objec? which th in view in calling this meeting. had no doubt the shareholders had given somewhat careful consideration to the information the directors placed in their possession at that time, and that the m-ering would be able to follow protiy clos ly what was said with regard to the proposal which the Board were about to place before it.
"and he proposed to the meeting, it explain why they did so, Ae a matter of fact the Board had ut that time full power to dispose of the Kalump ug estate to the now company and to carry out the proposal in. ita entirety withou> reference to the sharebulders. The Board possessed those powers under the memorandum and articles of the Perak Sugar ulti on Company, but, as the matter was one of very great imi to the interests of the shureboldors, the Board thought it better in the interests of all to invite them to attend a meeting and' give consideration to the proposal which the directors would place b-fore them. When they had dono that the directors hoped that they would satisfy them that this was s sound undertaking, and that shareholders would propose and second the proposal that was being tad to them, If the shareholders did directors would take the matter would drop the matter. thought it would be better for the proposition and seconding to come from the shareholders than from themselves. The directors considered it the best and fairest way to bring the matter tothe shareholders. Their main object at the present moment was to raise capital to. enable them to extend the rubber production on their property of large scale.
Text read from the printed page and cleaned; old type leaves the occasional error.