of the Board of Directors for Prosentation at the Fifth Annual General Meeting to be beld at the Head Office, 26, Broadway, on Friday, the 23rd day of June, 1905, at 5 p.m.
Gentlemen,—The Directors hi sure in submitting to you th with Statement of Accounts made up to the 30th April Last, which they trust will prove satisfactory to you.
The Net Profits, including the amount brought forward from last year, and after paying all charges and allowing for all known liabilities, amount to Tls. 852,524.24.
After allowing for an Interim Dividend of 5 per cent on 55,200 Shares paid in January this year, which absorbed Ts. 276,000, there remains for distribution the sum of Tls. 576,524.24. With Directors propose to deal A Final Di idend of Tis. share Add to Reserve Fund Amount to be carried to Account 576,524.24
In accordance with §98 of the Memmorandum and Articles of Association, one of the Directors, Mr. 8. Groun retires, but, being eligible, offers himself for re-election.
The accounts have been audited by Messrs. Geo. D. Scott and J, D. Th burn, who retire, but, being eligible, offer themselves for re-election.
Prorrr any Loss Acoouyt.
6th January, 1905—Ts. 5% Interim Dividend on 200 shares 276,030.00 Ape'l, 1905: Balance 676,524.24
Tis.... 852,524 24
Text read from the printed page and cleaned; old type leaves the occasional error.