In conclusion, gentlemen, 1 would like to touch upon a subject that. aifeets the future well-being of the company, or rather I should say] perhaps, the interests of future shareholders, and that is the question of creating an amortization fund. The commercial life of a. rubber tree has not yet been definitely ascertained, but one thing. is certain that one cannot expect a. tree to yield Intex and to go on Living indefinitely. Iz would therefore appear wise, with the advent of more prosperous times, to start reaking an annual allow profits for this purpose, rance against the day when the estate becomes no longer economies elly productive ard the substitu. tion of new planting for old ones will become necessary.
That concludes my remarks, gentlemen, but if there are any. questions you would like to ask, hall be pleased to answer them before I formally proceed with putting the-resolutions to the meeting.
There were no questions.
The following resolutions were then earried:—
'That the Directors' report and ratement of accounts for the year ded December 31, 1924, as presented, and the disposal of the balance at credit of profit and loss account as recommended be w__passed.—Proposed—by
Text read from the printed page and cleaned; old type leaves the occasional error.