At the last ordinary general meet Jing a resolution was passed empower ing the chairman to conclude the new agreement for the year 1998-1090. The chairman accordingly negotiated with the shipping companies concerned and was able to renew the agree ment on the same basis as for " last year, Details of the arrangement made were circulated to you. from time to time. T have just been advised bby: the chairman at Osaka to the effect that the agreement is now duly sign. ed. Copies of the agreement will be forwarded to you on receipt. from Osaka. I wish 0 take this opportunity to tender our hearty thanks for the efforts and endeavours made by the Caairman on our behalf.
Text read from the printed page and cleaned; old type leaves the occasional error.