[Annual General Meeting of Shareholders held June 2nd 1896
in the Picton Lecture Hall, Wm. Brown St., Dr. Baxter presiding]
Press Resolved the Press be admitted.
Notice of Meeting The Secretary read the Notice calling the Meeting.
Balance Sheet Resolved the Balance Sheet be taken as read.
Report & Statement Dr. Baxter proposed Resolved that the Directors Report & Statements
of a/c Mr. Barter seconded of accounts be approved & passed.
Dividend Resolved a Dividend of 5% on paid up Capital be declared.
Auditors Resolved Messrs T. Theodore Rogers & Co. be re-appointed Auditors
at a fee of Forty Guineas.
Election of Mr. Smith proposed & Mr. Plant seconded that the 3 retiring
Directors Directors Messrs Bainbridge, Cuff & Davies be re-elected.
Carried unanimously.
New Resd.
Stand Mr. Mahon proposed & Mr. Wilson seconded & Resolved
"That in the event of the Directors deeming it advisable
to build new Stand, before proceeding they will submit
the matter to the Shareholders."
An amendment proposed by Mr. Keates & seconded by Mr. Smith
"That the Directors proceed at once to get plans, estimates
& build Stand" was lost."
Vote of Thanks A Vote of Thanks to the Chairman & Directors for
their past services concluded the business.
James C. Baxter
