The first ordinary general meeting of shareholders vf the above Company was: held at the offices of Messrs. Slevoxt and Ca., No. 7, Yuenmingyuen Road, Tuesday afternoon, There were present:—Mosars, Meuser (Chairman); 0. Stepharius, Max Slovogt, and 8. Voelkel (Directors); J.
Bingham (Secretary), J. Trevor Buckle, K. Geissler, and A. R. Leake, representing 1,721 shares, Mr. 0. Mouser said that, in the absence of Mr. A, C, Hunter, who was unable to attend, he had been asked to take the carried unanimously: That the report of the directors and the statement of accounts for the six months ended 31st December, 1905, 8 presented, be accopted and passed.
It was proposed by Mr, M. Slevogt, seconded by Mr. J. Trevor Smith, and carried unanimously: That an interim dividend for the eighteen months ended Bist December, 1906, at the rate of 5 por cent, being $1 per share, be declared payable on or after the 30th May, 1906, to those shareholders on the register of the Company on the 29th 1906,—the date of this meeting.
Tt was proposed by the Chairms to the amount of $9,000, which ssid chair. " It being then past the time for seconded by Mr. K. Geissler, and carried investments are part of the $24,815.30 which the meeting was called, and there unanimously: That Messrs, A.C, Hun-appearing under the heading of being © quorum present, he would call for, M. Slevogt, C. Stephariua, and 8. sundry debtors. A large proportion upon the Secretary to read the notice Voolkel be elected to serve as directors of these $9,000 in now psid off. The convening the meeting. il the next ordinary general meeting, balance of the sundry debtors re-The Secretary having read the notice it remuneration be fixed at not presenta loss than 1) months' business, cantoning the meeting, more than $800 Me: Tt was to be fund wil then stand at the substantial If you pass the account, our sinking 'The Chairman At our statutory' recorded on the minu! that the fool. meeting on the 5th April last we hoped ing of the mooting was, that two to present you with accounts before figure of $40,000 which is invested in tors, in addition to Mr. 8. Voelkel, the end of that month, but wore not first-class securities, If any shareholder Sufficient representation for the able to complete them in good ti holders, haa any question to ask, I aboli be happy the delay in calling this meeting, to answer it to the best of my ability.
It was proposed by Mr. K. Blicklo, The report and accounts before you, of seconded by Mr. J. Trevor Smith, and J. Hadley observed that the which copies have been duly circulated carried unanimously: "That Mr, A.
ion for the bonus paid to the in advance will, I trust, be taken as!
Leake be elected to serve as auditor staff in accordance with the resolution The Accounts are' merely prolix until the next ordinary general meeting, passed at the last general meeting minery, as they embrace a period of and that his remuneration be fixed at should be shown in the Profit and Loss only six months, from Ist July 1905, $200 Mexican. account. when the business was taken over, and This concluded the business of the are brought up to Slat December 1905, weeting.
Mr. Chairman said it would be shown '00 that hereafter the accounte may be next year, rendered as usual once in every year and up to 31st Decem Mr. W. Brand said that ho noticed it circumstances there is very
Text read from the printed page and cleaned; old type leaves the occasional error.