1913... Th. 60,000 1b, 36,800 140,000, 78,950 "220,000 138,750 all differing, so I give you the manager's figares for what they may be worth, not thet I have sny reason to doubt these special figares; they msy be falfilled or even exceeded. I have known an estimated crop of Ib. 40, 90,000, and we bar se, Management in Your first agents were Messrs. Barlow Ca, of Koala Lamqur and the first manager Mr. 8, W. Moorhoure, the. latter at a salary of $400 per month. For a salary of $400, one would expect to get a little more attention than proved the case with Mr. Moorhouse, distance from your property, and ger lived at Pegoh Estate,
looking through the correspondence of the company, I was somewhat surprised to read a letter to Meesrs. Barlow and Ca, dated October 8, 1910, which Jewitt frow all reports seems to be the right man for the work and has made mach improvement on the Mr. Brown of the Muar Eatate is at prosont our visiting sent, piece contract.—You will see thix mentioned in the prospectus. Had it been even reasonably carried out, the contract would have proved an asset to the Company. I cannot say any more at present on this subject, as possibly law suit may yet have to be fought. Secretary and managers,—Mees Ca, Ld,, beld this posit pay of Tls. 400 per month until their Fiqoidation, after which Mr, R. N. Troman wae appointed at hell the sum. Directors,—Yoa will see from the report that a good many changes have taken place, which makes tbiogs none the easier fur the present Board.
Present financial position,—Oar fonds are now getting down to a ebb and the Directors are lovkiog for further finances! sap; Th y be some reveone next bat certainly not sufficient to carry the work of the estate, Wheo something definite in the way "f sccomodtion is arranged, the board will notify shareholders accordingly. Meaowhilo we have enough cash in hand to see as over ti t few moths. were no questions and the following resolutions were passed ananimonily That the printed report and audited accounts for the eighteen months ended Jone 30, 1911 s citcalated to shareholders be adopted.
Text read from the printed page and cleaned; old type leaves the occasional error.