1990, was 96,139 Ibs. valued at Shanghai Tis, 5750.23, Visiting Agent: Major 'G, Ne. vill Stevens of the firm of Nevill Stevens & Ca,, Ipoh, Perak, FAES. continues to act as. Visiting Agent fand his services are highly sat ory, For your information I should like to quote the following: remarks from his last report:— whole Estate is in a state of maintenance—tt in in' spit Tu conclusion T may mention that! every effort is being made no ecotmise where possible without de-lo eiment to the eatae acd in tis we ave the ce-operation of the es manager and his staff and the visiting agent to whom I should like to express the thanks of the company for the very efficient manner in which they have administered the estate. Since last. Octoer the Board accepted kind offer of the Manager, Mr. Geo, H. Less-ler, to reduce his salary by 25 per Jcent. until conditions improved, also} their Shanghai agents' offer to reduce their fees 'o one third. I may also add that for the year the directors waived their remuneration.
There being no questions, the! following resolutions were " then put to the meeting and passed:
That the Report and Statement of the Company's Accounts for the year ended Bist December, 1950, as; Dresented to the Meeting, be approved and passed.
That Mr. J. Front be re-elected a Director of the Company.
That Messrs. Thomsm & Ca. be re-elected Auditors of the Company, for the ensuing year at a fee of Tis, 250.00 per annum, That in accordance with para. graph 55 of the Company's Articles: of Association the next Annual General Meeting shall be held in the month of March or April, 1932.
Text read from the printed page and cleaned; old type leaves the occasional error.