The Express.
London, England, 1865-05-25 00:00:00

I. L ossailmief,itlii7cisiteughs.
CHUM= BELIph .. Deputy Chairman.
S Mesas NOW ~ P.
The Cleenlier I to Leonine.
/aka Perim, , Y.P.
IfOrTICI 111 141111EBT CiITIN, that at ea liTiltdoll4llWlT
0111111 MAL WIPING .of the Company, held at the 'MOM
Timm ildespiestootreet, London, on MONDAY, Mk Mr.
UM, • report from the Directors, containing the faced* rit•
ocetasendallons, with • view to raise milicient espial tog the
sompletlon of distinct and entire portions of the milers,. end
therebto Maim the money already spelt on the undartakim
was taken into consideration, via :
led. "That £OOO,OOO be raised by the creation of MOM Mud-
: users preference shares of £lO each, to become shares to hetet '
whengaid up."
feed "That all present arrears on calls be paid up, and thalS
Nigher call of el pee Aare be made oe the *B2B editing As
Aim. so that £lO per share dull bepaid upon them.'
That with respect to the 00,000 preferential shares to b•
created, sod to be offered preferentially to the shareholders, It le
recommended that out of the net annual income of the OP!
piny, from whatever sources promeding, a preferential divideed
of 10 per cent. be paid upon the 00,000 preference aboroh=
after extiectisa in the mode hereafter mentioned of the
ASO 'harm will become the eole shared of the Company.
Ins all the advantages heretofore attaching to the existing
" That with referee°, to the adding SM shares upon
Ell per share shall be paid, payment of the divideed of leei
cent. per annum on Me 10 OS, 0 Palomino oliorm 1,0=13
first made, there be thee paid in each year, out of the
net annual income, a dividend not exceeding azres . esst pt
annum upon the £lO paid-up on the existing Zeeslim
payment of such two dividends, any remaining income shall, la
each year, be applied to the extinction of the existing Mania
by drawing by lot and the repayment of the £lO share
paid Morten, until the whole MeSB share. be
And the following resolutions were duly pared by the latiMlZ
L That the Report of the Directors now read be, am(
as is hereby accepted and oonfirmed, and the Connell elf Me
minisisetion is booby authorised and empowered to de el
ware* imams, sad things se may. as Wade jest be Ned
=or expedient, for carrying the mower= Mae.
la the mid Report Into effect.
S. That to order le give effect to the swan
the following supplemental regulations (read to the marled, Y
alteration of or in addition to the existing statutes of the iyoak
piny, he and the same are hereby pawed and adopted, sob**
to the approval et the government.
S. That the Council be and they hereby are specially authorised
and empowered to make such modifications to, or additions to,
the supplemental statutes peened and adopted by the f
resolution as may seem to them expedient or proper for"g
giving
effect to the report confirmed by this meeting, or as may be
mosessry to obtain the approval of the government to such nip-
plemental statute'. and generally the Council are authorised
aad empowered to settle and adjust such supplemental statutes
with the Mid
And adios larreeirir turther given, that forms of applisalica
by the shareholder,
ter allotment of the preferential shares may
M obtained at the aloes at the Company, or of the brokers el
the Company. Mews. P. Omeeove and Co., It, Threedneedle-
-.

street, and Saws. Seymour and Co.. $B, ThrOgaiottonelreet.
The list of applications from shareholders will close on
Thunder. the Uth May, 1888, at 4 p.m.—By order,
C. DI TIVOLI, Sectetery.

Oflkea et the Oompeay, Loudon,
6, Greet Wtacheir-dreet.