The Archive · 1925

M. Y. SAN &

so€risis Not Due to Bad Business: ing of Messrs. M. Y. San & Ca. Ld wus held az the office of the Company at Queen's Road Central, Hongkong, on April 2, for purpose of considering and, if Yeemed expedient, passing the' following ext jary' resolution:

"That it has proved satisfaction of this meeting that the company cannot, by reason of its liabilities, continue business, and that it is' advisable to wind up the same, and accordingly tha: the company be wound up voluntarily and that Mr. Lau Yukawan, of 101 Wing Lok Street, be appointed Tiquidator for the purpose of such Choy Hing, one of the directors, presided over a very Iarye attendance of sharehold The chairman, spanking of the history of M. ¥. San & Ca. said the firm started from humble Iwas founded by Mr. extended, s0 that they now branches in' many important cities. The financial position of the firm had alyyays and was still very sonne als evidenced by the handsome dividends which shareholders ceived every year, The company had always paid out dividends. in, Februa much earlier than other firms.

Text read from the printed page and cleaned; old type leaves the occasional error.

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