'The following is the abstract of the statement of accounts for the year fended December 31, 1934, of the general managers as' referred to by the chairman at the meeting of shareholders, reported above. The meeting passed unanimously the recommendations made:
The balance sheet shews a credit balance on profit and loss account of {$506,257.85 it being recommended that {this sum be increased by $150,000 to be transferred from equalisation of dividends reserve, The total amount available for distribution is therefore $656.257.85, to dealt with as follows:—
'To pay dividend on preters ence shares at rate of © per cent. per annum is, 72,600 TLS eenecreevccesss $100,690.20 'To pay' a dividend On i's '000 Ordinary shares of $030 300,000.00 To waite of Buildings £00009
Text read from the printed page and cleaned; old type leaves the occasional error.