Seconded by C. Holliday.
Resolution XIT.—That the Council be hereby authorized and directed to arrange [or the re-assessment of the Innd comprised within the limits of the Settlement, doring the current year, such re-assessment to come into force as from the firet day of January 1912, ite snd to engage such professional assist-ce for the performance of the work as ion XI pote] fat the Annual Meeting of Ratepayers in 1909, the Council be hereby anthorized to extend the land already occupied by the existing Central Offices in the! south-east direction up to the corner of the Foochow and Kiangse Roads, and to raise for that purpose, a sum not exceeding Tls. 250,000 by the issue of debentures redeemable in not less than ten and not more than fifty years from date of issue and bearing interest at a rate not exceeding six per centum per Resolution XTI1.—That the Council be authorised to grant compensation in sum not exceeding Tle. 7,500 to E. Wilson for injury done to his business by the tramway service laying a double track in the narrow part of Nanking Road in place of a single track as originally agreed upon by the Council and the Ratepayers.
Text read from the printed page and cleaned; old type leaves the occasional error.