Depreciation in Share Holdings The second annual general meeting of the Shanghai Loan & Investment Ca., Ld., was held on Thursday afternoon at the offices of the General Agents, No, 1 The Bund, Mr. R. S. F. McBain—presiding.
In the course of his speech the Chairman said The result of the year's working shows a surplus on profit and loss account of Tls. 157,644.74, and this, your Directors recommend, should be dealt with as follow i to a general reserve Tis. carrying forward the balance of Tls. 82,644.74, and they trust that
Text read from the printed page and cleaned; old type leaves the occasional error.
