(Continued from page 600.) would like to 8,400 shares which were to be hold as an asset in the Perak to the shareholders in the Perak Sugar Company? Would shareholders have the option of subscribing for them?
The Chairman said that the 8,400 would certainly be at the disposal of the Directors, but, as he had already the whole of the Compan; ho dis tors, who could aall of when they thought it a good thing in the in-torrents of the shareholders to lo so. Ho that it was not a little the Directors to bind themselves in any way as to the manner in which these shares might subsequently be soli. Their present intention was not to sell them but to keep them as an asset of the Perak Sugar Ca. He thought it was very probable that, wh the time came for these shares to disposed of—it might ba \y year before the time came—they would be offered in the fire to him, however, iso for the Board to say what Directors would do at some aube it date which might be very far Mr. Jones said that the thanks of the shareholders were due to the Directors for the trouble they had taken in the matter; it showed that they had the welfare of the company thoroughly at heart and he considered there was every reason to be entirely satisfied with the able manner in which the interests of the company were being looked after. had very much pleasure in proposing the following resolution That this meeting approves of the Directors' proposal to sell the Kalum-Pong Estate to a Company to be formed for the purpose of purchasing it and of WY
Text read from the printed page and cleaned; old type leaves the occasional error.