Thanked for Their Services Notice regarding an extraordinary meeting of the New Engineering Shipbuilding Works, Ltd,, which Is to be held on April 8, was given on March 14 at the annual meeting of the company held in the board room of Messrs, Arnhold & Ca,, Ltd., Sassoon House, Mr, F. R. Davey presided. The meeting, explained Mr. Davey, was being held for the purpose of considering, and, if approved, passing. resolution altering the Articles of Association of the company.. The object of the proposed alteration was to give to the directors power to make an offer to. the preference shareholders for conversion of their shares and remaining arrears of dividend, plus the equivalent of an eight per cent, dividend for the year ending December 31, 1936, into or-mary shares, Supporting the chairman at the meeting were Messrs. Lil, E. Arnhold, C.J. Menger, G. B. Marden and Lacey, (directors), and W. C. Bowen, (acting secretary), A. total of fourteen shareholders also attend fed the meeting, representing 60,889 shares, his speech, the chairman said:—
Reference has been made, in the: directors" report, circulated with the accounts, to the position and prospects of the company, and there Is nothing, 1 think, which it is neces: sary to add to the information given, ster, ann nae of them 1 Seer estates Sac STs dete Be Spe stager amt te alee tores yt das esting a tone f 2 che Bet shoegee gomez ING emt Ste Ged ete amore abie lad sie a ne Set pes 2 Po ced all a he ota Conve the aprecition ets BeToay all at prone Mea ie Cll cine HRS aeons Say reacgcrtc "ie "Suis EER haaf ian Betas Se AET Rene bie oF ni conway Aree oe it ff econ TaD ihe pean SRE Se post flowing remains wee yeh NE Pi ain 'There is one matter, however, with regard. to which the' directors' wish this opportunity to be taken of making a communication to shore-holders. An advertisement will appear. in the newspaper to-morrow morning, notifying an extraordinary meeting to be held on April. 8, for the purpose of considering, and, it approved, passing a resolution altering the articles of association of the company. The object of this proposed alteration is to give to the directors power (0 make an offer to the pre-Terence shareholders for conversion of their shares and remaining arrears alvidend: el, the equivalent of fan 8 per cent, dividend for the year ending December 31, 1998, into or-mary. shares, Spd Haat sean vent ga wea
Text read from the printed page and cleaned; old type leaves the occasional error.