An extraordinary general _meet= we of Messrs. Kelly & Walsh, Ltd,, was held on February 7 at the compuany"s offices, 12 Nanking Road, Me. RW, Wedderburn being the chair, supported by Messrs, A.W. Borkill, A, E, Glover and 'ALJ, Waller (directors) and A. de jesus, secretary. "The number of shares represented was 27,865, The only business of the meetings was to pass two special resolutions, which follow:—
'That the capital of the company be increased to $750,000 by the creation of 41,250 new shares of $10 each—Proposed by Mi Wede dorburn, seconded by Mr, Burkill Carried' unanimous!
That it is desirable to capital me a sum of $112,500 being part of the undivided profits of tie com= pany standing to the credit of the reserve fund, and accordingly that special capital bonus of $112,500 be declared, and that such bonus be applied on' behalf of the persons who on January 3, 1929, were bolders of the 35,160 shares of the company in payment in full for 11,250 shares of the company $10 each, and that such 11,250 shares efedited ax fully paid' be accordingly allotted to such persons respectively in the proportion of tone of such shares for every three the said 83,760 of the said shares then held by such persons spectively; and that the shares #0 Aistributed shall be treated for all purposes as an increase of the nominal amount of the capital of the company held by each such shareholder and not as. income—Proposed by Mr. Glover, seconded. by Mr. Waller—Carried unani mously.
Text read from the printed page and cleaned; old type leaves the occasional error.