The tenth annual general mecting of shareholders in the above company was held on Monday afternoon at the offices of tke Secretaries and General Managers, Messrs. Hugo Reiss & Ca. The directors present were:—Dr. R. S. Ivy (presiding), and Mr. J. H. Osborne, and the attendance represented 8,033 shares, The notice convening the meeting, and the auditors' report having been read:—
The Chairman sai With your permission I will follow the usual procedure and take the report and accounts as read.
Last year when I had the pleasure of addressing you, rubber prices had reached a low ebb and the outlook was very uncertain, so your directors did not consider it advisable to recommend a dividend.
Later on in March, prospects were much better, an interim dividend of five per cent. was declared, and shortly I shall have the pleasure of recommending another and
Text read from the printed page and cleaned; old type leaves the occasional error.