The following resolutions vere passed unanimously:—
That the report and accounts as pre: sented for the year ended December 3i 1937 be approved and adopted. Proposed by Mr. L. E. Canning; seconded by Mr. R. M. Joseph, That Mr. R. Joseph be and he hereby is re-elected a director of the company, Proposed by sir. L. E. Canning: seconded by Mr. H. Kadoorie.
That Messrs. Lowe, Bingham & Matthews be and they hereby are re-elected ditors to the company at a remunera-ion of $2,250 per annum. Proposed by Mr. J K. Simpson; seconded by Mr. F. J. W. Focken. enced.
Our staff were magnificent and I feel proud to stand here today and say it, and say it with all sincerity. I am very sketchily going to pass over what happened from the time of the first air raid on August 14, but it may interest you to know that at Yangtszepoo details of no less than 10 bombs, two being incendiary, dropped in the vicinity of our works are recorded, and in addition one shell hit the roof of the compressor house and two shells landed in the coal dump, while the holder was struck by numerous missiles: yet we were, I am pleased to say, immune from' casualties and the material damage was not heavy.
Text read from the printed page and cleaned; old type leaves the occasional error.