The Archive · 1922

Ewo Cotton Mills

100,000 Shares to be Issued As intimated at the annual gene al meeting of the company, the Reneral managers of Ewo Cotton Mills, Td.. have decided, with the val of the consulting commit Zee, to issue 100,000 of the ordinary shares of Tls. 5 each which rem: unissued, at a premium of Tls. 5.G. per share, making altogether Tls 10 per share, subject to the followimg terms and conditions, but otherwise upon such terms 26, the approval of the consulting committee, they think fi {a) One new share shall be offered at a premium of Ts, 5 per share to the holder on April 10, 1922, of every eight old ordinary shares but so thnt no fractional of share shall)

be issued.

The full amount of each share taken up plus the premium (making alto gether Ts. 10 per share) shall te acceptance er shall be made by. notion sp ing the num.

ber of shares t is entitled and lin in which the offer if not accepted by payment will be doomed to declined.

es not taken wp under th be disposed with the approv: 1 of the Consultin:

Committee an such terms as the general managers may think proper. (a) The new shares shall not rank end as regards the fin ear ended on December 31, shall rank for dividend it spect of the financial year of the company commencing as on January 1, 1922, pari pass with the existing shaves.

Text read from the printed page and cleaned; old type leaves the occasional error.

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