C. W. Beswick (Secretary). In the course of his speech, the Chairman said that for the money invested in the Kung Yik Mill, share~ holders would receive shares in the new company, and a return in cash. of Tls. 1.20 per share.
The following resolutions were then put to the meeting, and car—ried unanimously That it is expedient to effect an Amalgamation of this company with the Yangtszepoo Cotton Mill, Ld., and with the Ewo Cotton Spinning and Weaving Ca., La., and that with a view thereto: this company be wound up voluntarily-and that Frederick Newman Matthews;,. F.LO.A., and Eric Munro Ross, charter. ed accountant, both of No. 3p. Peking: Road, Shanghai, be and they are hereby appointed joint and several liquidators for the purpose of such: winding up and that each of them the said Frederick Newman Matthews ud' Eric Munro Ross acting singly and without the other of them be and lo: is hereby authorized to exercise every power given to a liquidator in voluntary winding up.
2—That the said liquidators be and they are hereby authorized to consent to: the registration of a Tew company to be named "Ewo Cotton Mills, Ld.," with a Memorandum and Articles of Association which have been already with the privity and approval of the: Consulting Committee of this Company.
Proposed by the Chairman, and seconded by Mr. F. Ayscough, 3.—That the draft Agreement sub-. mitted to this Meeting and expressed tobe made between this company and its: liquidators of the' one part and Ewo-Cotton Mills, Limited of the other part, be and the came is hereby approved, and
Text read from the printed page and cleaned; old type leaves the occasional error.