The situation became increasingly acute and after the firm's premises fand goods were looted and burnt, Gibb, Livingston & Ca. withdrew Macao in 1039, returning to Canton fat the end of the so-called Opium On the other hand, there were compensations; the compony's mess accounts were never questioned un-Jess the monthly bill for "aerated waters" exceeded $500, which then represented about £150, The frm continued to prosper, and 1644 the Shanghai branch was opened, the name of Gibb, Livingston Ca, appearing as the original oceupant of Cad, Lot No. 2, 'The lot neluded most of what Is now Jinkee Road, the word "Jinkee" being, in fact, the Chinese hong name of' the company.
"The various partners took a full share in other business activities Hongkong and Shanghai, the firm's name appearing as one of the original subscribing riembers of the Hong: kong & Shanghai Banking Corp,, and of the Union Insurance Society of Canton, In 1872, the firm was appointed agents in Shanghai for the Corporation of Lloyd's, and at the present time represents' no less than 120 marine insurance companies of all. nationalities.
In. 1609, Gibb, Livingston & Ca. became owners of a fleet of steamers known as the Gibb Line, which were subsequently employed in the transport of native labour to the newly opened South African diamond mines. This trade was eventually prohibited by the South African government, and the fleet was then sold as uneconomical.
In 1921, the firm became a private limited company, the first managing directors being Mr. A. O, Long (now managing director of the P. & 0.), and Mr. C. G. 8, Mackie, The present managing "directors of the Arm are Mr. M,, Johnson and Mr, L. J.
Davies,
Text read from the printed page and cleaned; old type leaves the occasional error.