1 shall now leave the accounts of the company in your hands, and 1 would be very pleased to give any required information to the shareholders before we propose the usual adoption of accounts, resolutions etc. as now placed before you.
Mr. C. M. Bain said he would like to make a little suggestion to the board of directors with regard to the staff, that they might be granted a small bonus, as he thought better re-nits all round would be obtained if the staff are remembered.
The Chairman: Mr, Bain, 1 assure you that your suggestion will be remembered by the directors, and 1 think that you will ind the stof taken care of by the directors.
Mr. J. Tippin seconded Mr. Bain's suggestion and. that this should be ut on oficial record.
Capt. J, T. Inch: T think it is for the Board to decide the question of a bonus for the staff, and for the shareholders only to suggest to the board.
"The Chairman: I wish to thank you for so kindly remembering the stall and desire to inform you that the matter of a bonus to the staff wilt be carefully considered by the Board.
Mr. Bain: 1 certainly feel very strongly on this point, Mr. Chairma and consider that the staff of the company should receive some recognition for their services to the company.
"The Chairman: I can assure you that this will be taken care of.
Suggestions Asked For That point having been definitely arranged for, it there re. any sug felons that you would Tike to being {Srward, now is the time as we are In'a petition to listen to. anything be sald'on the accounts etc, he eontinued, Mir. Bain: 1 aid not propose to say anything regarding the future running the company, but since: you have touslied em the question of Procedure Inthe torture of Hall & Halts, Lid, th your specs, T should like to induize as 10 whether, considering the Stmpettion and conditions of business inbour ely, the board have any ideas Fegarding' ihe nature position of the "The Chairman: The board is well aware of the iffcult mes. we are passing through and the difieltie of frointaining. sales Agures etc, Fogard to & store of ths nature. On the" other hand. your directors feel that hey. nave. the. fesponaibity Tooking atter an old name of many, trans Sears sanding in Sangha and they feet that it can be carried on Suceessfully they "would. like. to. be instrumental in' doing 20 and" not Ietting go out of existence, and this can Ue done without. sacrificing the interests of the shareholders they their utmost to do 80.1 ara {lle certain that Tam endorsing the Shes of tay ce-direeers that we Thoutd do our very Best to, see that the interests of the shareholders are {aken cave of, and if any oracle mea-res have to be taken in the future,
Text read from the printed page and cleaned; old type leaves the occasional error.