The annual meeting of the Shanghai Klebang Rubber Estates Ld. was held on Monday afternoon. Mr. ©. J. L, Stewart presided and was supported by Mr. A. K. Craddock and Mr. H. E, Rigge (directors) and Mr. C. G. Copley, representing Messrs, J. A. Wattie Ca., Ld., secretaries and general managers. The shareholders present represented 48,078 shares.
The notice calling the meeting having been read, the chairman said:—2 The chairman at our last annual meeting dwelt largely on the bad times the rubber industry was then experiencing and saw at that period no prospect of improvement. But we struggled along just keeping our heads above water, doing all necessary upkeep of the estate, and hoping for better times. I do not, think these latter would have eventuated for a long time, but the introduction of compulsory restriction by the Governments of Malaya and Ceylon, which came in the nick of time, quickly placed a different aspect on our affairs with
Text read from the printed page and cleaned; old type leaves the occasional error.