2 Proposed Association for Shanghai: Need for a Common Policy Turning to the accounts. The profit for the year was Tls. 221,- 486.56, which is slightly more than Jdouble' of that earned during the previous financial year, out of which there has already been paid two interim dividends of one tael each, Teaving a balance, after adding the amount carried forward from last, A preliminary meeting of owners and agents of property in Shanghai was held on Tuesday evening at "which Mr. A, W. Burkill presided, to discuss the advisability of form. ing an association of owners and agents of property in Shanghai:
Mr, Burkill in proposing the formation of such an association emphasized the fact that one of the vould be to work conjunction with the two Councils; and that the idea was in no way antagonistic to the authorities, but that, taking into consideration the very high value of land and the great interests at stake, a more general and common policy is, needed, and that the time has come: 2ifor Jand and property owners to act concert and not individually.
Mr. N. L. Sparke in seconding: the resolution said that he wished fully to endorse all that Mfr. Burkill had eaid in regard to working i operation with the Coun thought that an association of this Kind would be of great use with the many dificult "and intricate matters which arise in connexion with real estate, Generally the corn itself with public and semi-public nature which wan unanimously decided that! th association be formed and a presentative committee was appointed which will report to another: meeting to be held at a later date cehich "all property owners Shanghai, will be: invited to attend, THE ALMA ESTATES,
Text read from the printed page and cleaned; old type leaves the occasional error.