Matthews be reelected auditors to the company. Proposed by Shackleton; and seconded by Stewart the page in 1928, it would not be withheld. The position, however, was not suf ficiently clearly defined to justify this direction as ital expenditure out of revenue for new buildings amounting to Tls. 15,281.71 and depreciation of various ascots called for a further Tls. 4,274.40 represent ing together over 7 per cent. on the capital, However, although after charging up these items the nett or the year shows urily thit the balance sheet is euficienthy sound to justify a recommendation [ow of a dividend of six per cen haorhine The. 16.200
Tall the Capital Expen Capital expenditure during the year amounted ta a total of Tis. TATLAB, of which Th. 4 were spent on the up-keep of the immature area on Cheng Tls. 2,727.17 on the erect estate' shop on Chengai estate: placing the atta roof on line corrugated iron and building a rice Store and garage on the same estate. that the aitable for distribution is} ent to permit them to re-]
pay tot the prow hoped
Text read from the printed page and cleaned; old type leaves the occasional error.