223 Annual General Meeting of Shareholders held at the Central Hall, Renshaw Street, Thursday May 23rd 1912. Dr. W. Whitford Presiding Notice of The Secretary read the notice concerning the Meeting meeting. Press The meeting resolved that the Press should be admitted. Balance Sheet The Chairman proposed, Mr. Allman seconded and accounts and it was unanimously resolved. "That the statement of accounts and balance sheet be taken as read." Auditors The Secretary read the Auditors report to the Report Shareholders. Chairman's The Chairman made his report upon the accounts Report and the business of the Company during the preceding 12 months and proposed with Mr. Wade seconding "that the report, balance sheet and statement of accounts be approved and passed." Questions Some general questions having been put and answered the above resolution was put to the meeting and unanimously carried. Dividend Mr. Clayton proposed, Mr. Davies seconded and it was unanimously resolved "that a dividend of 5% be declared on paid up capital."