Refugees therein inspection by Department recently experienced; and we do realize the courageous manner in which Sir Vandeleur Grayburn has dealt with all matters appertaining to the successful carrying on of trade in its varying degrees. We are especially pleased that His Majesty the King bestowed upon him the honour of Knighthood which we feel was so richly deserved—we know that he is proceeding at an early date to England on a well earned holiday after his strenuous labours and our best wishes will go with him, Mr. Chairman, ladies and gentlemen, I now formally propose the adoption of accounts as presented, and in doing so I wish to express our thanks to the board of directors, the chief manager and his very able staff, and I cannot let this opportunity pass without stating that we fully realize and appreciate all Mr. A. S. Henchman, our Shanghai manager, and all those serving in China, have been able to accomplish in the way of safe-guarding our interests in the face of danger of every description.
Text read from the printed page and cleaned; old type leaves the occasional error.