once: 1s merely GIVEN that in 2nd February, 1931 and made between the above Company of the one part Associa-day of September 1937, at 2.30 o'clock in the afternoon for the purpose of considering and if thought fit passing the subjoined Resolution as an Ex- share Resolution:—"That the Holders of Debentures Million (Tls. 1,000,000) made in 1931 hereby agree to a postponement of payment of interest due in respect of such Debentures on the Ist October, 1937 for a period not exceeding six calendar months and absolve the Trustees for the De-venture Holders from any immediate obligation to take any steps to enforce the rights of Debenture Holders or the Trustees under the
2nd February, 1931, and made be-A cee ala ety tween the Company of the one part and The Yangtsze Insurance Association Limited of the other part in respect of non-payment on due date of the interest due on the Ist October 1937 for such period not exceeding six calendar months as the Trustees shall think fit and also absolve the Trustees from requiring valuation as at the 1st October, 1937 of the property mort-under the Trust Deed called for by the Trust Deed.
AND to the extent of the matters aforesaid. a modification of the rights of the said Debenture Holders is hereby sanctioned."
Text read from the printed page and cleaned; old type leaves the occasional error.