The purpose for which this meeting has been called. is to make certain alterations to the Articles of Asso-elation, The present articles stipulate that Jo fee not exceeding one Tael shall be charged for each transfer of shares which, now-a-days, is a. sum entirely inadequate to cover the cost of the share certificate and other stationery involved in a transfer of shares, "The suggested amendments will give the Board the power to fx a transfer fee at any. gute that is, their opinion, reasonable, You may rest assured,' however, that the fcc Will be kept as low as is compatible with the expenses involved.
The following resolution was passed unanimously:— tug compa in mance, ihattho, Articles of Astocaton, following that (2), That tu article 11, the words "a feo, foch, Sant the Siited or the words "the sum of one Tael or such, smaller, sum "as the directors may determine."
Th). That article 5 be cancelled and Touowing alte baited theres foo of such amount as the Board may from time to time determine la it by the Board, be pald of, it required. by the" rertsteation may. be All machinery was given the necessary attention and is reported to be in moderate order, The time not far distant, however, when it will be necessary to install a sheeting battery, if the requisite standard of sheet is to be maintained, 'The buildings were maintained in a satisfactory state of repair at small cost, An estate shop will be built this' year at an estimated cost of
Text read from the printed page and cleaned; old type leaves the occasional error.