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Directors.
Hugh Mair, Esq. (Chairman). J. M. Robertson, Esq.
W. Blasson, Esq. John Mair, Esq.
Bankers.
The National Bank.
Agents in Calcutta.
Messrs. Finlay, Muir & Company.
Secretary.
Alfred Lidington, Esq.
Offices. 81, Gracechurch Street, London.
History.—This Company was formed in 1865. In 1890 the Capital was subdivided into shares of £5 each, and since that time has remained as stated above.
In the early part of 1896, the Directors accepted an offer of £25,000 for their Borholla Estate, which was an outlying property. The gardens which the Company now own form a group.
Situation and Area.—The properties are in the Sibsagor district of Assam and comprise some 3,593 acres under cultivation.
Results and Dividends.—
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Year. Acres in bearing. Crop Sale Weight. Ibs. Average cost per Ib. Average per Ib. realised. Total Profit from all sources. Divi- dend. % Balance carried to Reserve profit. 1890 2,848 1,462,000 6Jd. I I '07d. 28,445 20 l5,482 1891 2,968 1,558,958 6Jd. 9ld. 19,527 17 15,545 1892 3,080 i,577>53i 6fd 9|d. 22,646 18 l7,58l 1893 3,234 2,019,224 5|d 7*d. 14,564 I2J 17,833 1894 3>39Q 1,866,651 5jd. 9 d. 28,554 20 23,487 1895 3,593 2,175,178 4-8 id.
- -i4d.
21,631 IS 24,508
An ad interim dividend of 8% has been paid on account of Season 1896.
Accounts are made up annually to 31st December, and usually submitted with Directors' report towards the end of the following May.
Directors' Qualification.—100 shares.
Voting Power.—One vote per share.
Transfer Form.—Ordinary; Fee, 2s 6d per deed.
