FROM THE "NoRTH-CHINA Darty NEWS" or Jung 23, 1869
Several important resolutions passed yesterday at the meeting of Shareholders in the Union S. N. Company. The accounts were passed. and a dividend of 15 per cent. on paid up Capital was agreed to. The property of ihe company having been improved by the purchase of the Glengyle, which absorbs a certain portion of the Reserve Fund, it was resolved to issue to the shareholders three 100 tael shares instead of the 250tael scrip in which the stock now stands. A resolution was passed requesting the Girectors to consult a general meeting of shareholders before purchasing any more. vessels. It was announced that the Rona would be sold as soon as a convenient opportunity occurs. "The retiring directors, Messrs. Ashton. Baker, Groom. Hogg, Miller. Tong King-sin and Hip mow-kong. were re-elected, and a vote of thanks to them for their able management of the company was passed.
Text read from the printed page and cleaned; old type leaves the occasional error.