The above company's profits for the year ended December 31, 1922, amounted to Tls. 12,662.13, to which must be added the sum of Ts. 8,004.28 brought forward from the previous year, making Tls. 20,756.41 to be dealt with. The directors decided at a meeting held on Friday last to recommend the following appropriation at the annual meeting, to be held on April 18:—Ths. "To pay a dividend of 5 per cent.
each 7,400.50 on 14,800 shares of Tls. 10
place to reserve 2}500.96 Yo write off estate buildings 2,268 4 To write off machinery and tools 1,610.3 Yo carry forward to next year 6,976.83
Consolidated Rubber Estates We have been advised by Messrs. A. R. Burkill © Sons, general Dianagers of the Consolidated Rubber Estates (1914), Ld., that the profit for the year amounted to Tls. 53,368.66, which, added to the amount of Tls. 40,418.48 brought forward from last year's account, makes a total of Ts. 93,787.14 standing at credit of profit and loss account. At a meeting of directors held yesterday, it was decided to recommend at the annual general meeting of the company, to be held on April Ts.
To pay a dividend of Tls. 0.10 per share 37,500.03 To place to general reserve fund 30,000.00 To write off buildings 132.79 To write off machinery and plant 363.00 To write off house furniture 99.00 To pay a bonus to estate staffs 2,500.09 Po carry forward 23,192.25
@Tls. 93.787.14
Text read from the printed page and cleaned; old type leaves the occasional error.