An extraordinary general meeting of the Shanghai Cotton Manu: facturing Ca., Ld., was held on Monday afternoon at the offices of the Mitsui Bussan Kaisha, Ld., agents and general managers, in connexion with the notice published in the Iccal press containing the following resolution as the proposed business of the meeting "That a Japanese company be promoted with a constitution in the form submitted to this meeting for the purpose of acquiring the undertaking of the company and that such undertaking be sold to such new company when formed or on its formation or in course of its promotion according to the terms of the said constitution and the draft agreement submitted to this meeting, and that the directors be and they are hereby thorized' to execute and to carry the same into effect with such (if any) modifications as they may think fit."
Mr. M. Nodaira, presided, ani there were also present Messrs. W J. N. Dyer, J. Prentice, H. Morriss and K. Otani, directors, Mr. R. N. Macleod, legal adviser, the sccretary, Mr. K. Kuroda, and a fair number of shareholders.
After the chairman had announced that there was a quorum present, the secretary read the notice convening the meeting. upon which the chairman sai Gentlemen, the object for which this meeting has been called. was explained to you by circular some days ago, but, since then, T am sorry to say that we found it not desirable to propose any resolution to-day, the reason for which I would ask Mr. Macleod to explain.
Text read from the printed page and cleaned; old type leaves the occasional error.