Before putting the formal" resolutions before you, 1 wish to draw your attention to the item in the accounted under the heading of "Loans." In the accounts "ended April, 1035, there appeared as an asset' the ' amount of $00,874.11, whereas in the accounts now before you the amount is $8248251, 'The Aifference is accounted for by the fact that this money advanced by us on certain property, the mortgagor failed to pay the principal and ove: due' interest. Tam pleased to report to you that Mr. A, W. Burkill and Mr. C. R. Burkill, " partners of the firm of Messrs. A."R. Burkill Sons, under their original agreement to guarantee all loans made by the That Messrs, Thomson and Ca. be re~ cloded auditors tothe. company: pro paved by Mir ay €. Chun and seconded byt Chin Kee" Jack,
Text read from the printed page and cleaned; old type leaves the occasional error.