A meeting of the Shanghai Waterworks Ca, Ltd, debenture holers was held'on June 4 at the offices of the company, Mr. R. B. S. Gregson presiding over an attendance representing Tls. 2,427,500 worth of debentures, There were also present Mr. RoC. Phillippo (Trustee for the debenture holders), Hr. 1. M, Little (chairman of the company), Mr. C.D. Pearson, angieer-in-chief and manager, and Mr. W. R. Walter, secretary.
The chi This meeting of debenture holders has been convened by the company upon tke debentures whereby, as is explained—in the circular letter dated April 14, 1930, the register of debenture holders may be kept at) the head office at Shanghai instead of at the registered office in London as hitherto. The company has obtained counsel's opinion on the matter and is advised that the requirements of the companies Act 1929 will be met if this is done.
In addition, it is desired to extend the period during which the transfer books may be closed previous to payment of half-yearly interest to fourteen days i tead of seven.
That these proposals have the support of the majority of the de-venture holders is evinced by the!
Text read from the printed page and cleaned; old type leaves the occasional error.