The general meeting of the Cooperative Frangtise de Shanghai, company without fixed capital, took place on Febraary 10 in the French Police Club, The accounts presented to tha meetings by the Board of Directors show a net profit of §3,154.09—a very satisfactory figure inasmuch account has been taken of the rebate of 2 per cent, allowed the shareholders on the total of their monthly purchases, The general meeting which unanimously approved the accounts for 1925 decided to make the following division of the profits:
Text read from the printed page and cleaned; old type leaves the occasional error.