\.Mr. Mackie declared that the Beonomic Commission wag shortly to issue a report, which would no doubt contain woeful suggestions, but ° that cold not do a very great deal to tons were very protracted, and it was not until the early part of 1934 that a definite agreement as to the terms. was reached.
The advance, of $18,000,000. was actually made to the Hardoon Estate jon the February 12, 1934, upon which date the company' may be scid_ have commenced business. This will explain the small amount interim dividend, which was _paia during the year under review, which director of the company and that Capt. A. K. MacEwan be elected a director of the company in place of Mr. T. G. Weall_ who has resigned. [Proposed by Mr. F. R. Davey, second-fed by Mr. Li Ming.
Text read from the printed page and cleaned; old type leaves the occasional error.