The Archive · 1939

Estate Condition

The machinery and buildings were given the necessary upkeep and are reported to be in a reasonably satisfactory condition. It is possible that he Government authorities may insist on the rebuilding of all old type coolie lines in the near future and for this reason as little money as possible is being spent for the time being on these old buildings.

Speaking generally the Estate continues to be up kept in good condition and the incidence of pests and diseases is no more than normal when the age of the plantation is taken into consideration. will later on be proposed that the Directors' fees be increased from Eh. $349.65 per annum to Eh. $400 for each Director. This small increase of Eh. $50 is suggested in order to bring the fee to a round figure and one more in keeping with the responsibilities incurred by the members of the Board. The auditors' remuneration also shows a small difference of about $100 owing to a new method of calculating their fee, which has been adopted by many local Companies, so as to compensate them to some small extent for the serious drop in the rate of exchange. You will also be asked to vote upon t later on.

Text read from the printed page and cleaned; old type leaves the occasional error.

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