Your Directors uble to take ad! thought it intage of the epportinity to place a certain por-jon of the profit' to. reserve count, sor ty strengthen the inaneial position of the This amount it ie propo vest in British Government Stock, such at Strait Settlement War Loans or stock of similar character, so that] the investment will be thoroughly If you pass the appropriations now recommended the company will start the new financial year with a total surplus of Tiquid assets over liabilities of Tis, 48,139.97, which sh tue sufficient to see us through any tis appreciation of the good work done by the estate manager, Mz, Gilenrist, whos been the a estate to the is in, and to the agents, Messrs.
Burkill & Ca. Ld., for dace attention to all matters ling with the welfare of the} Estate.
Text read from the printed page and cleaned; old type leaves the occasional error.