Articles 171, 172 and 173 of the old les, which relate to arbitration "have been left out. The to make use of these articles and year and, if you pass the recommendations now made by your directors, the company will begin the new year with an excess of Liquid assets over liabilities of Tls. 37,480, in addition to which we have the Tls.-49,800 face value of debentures that we have bought, but ithe fleet, which will shortly comprise 33" lighters, three tug-boats, tone motor junk and one motor boat.
Mr. R. G. Shewan presided and jsaid:—With your permission, as the Jaccounts have been in your hands Jsince the 29th ultimo, we will now take them as read..As sou will easily! they were treated. He hoped that Honykong would be able to send a team up in June or July, or, in fact, fat any time, although he was afraid the tidal and muddy waters, would be a poor substitute for the. beautiful hharboer of Hongkong.;
Text read from the printed page and cleaned; old type leaves the occasional error.