Page:Tea Producing Companies of India & Ceylon, (1897).djvu/17



CAPITAL £120,000 in shares of £10 each, 7,000 being Ordinary and 5,000 6% Preference shares, all issued and called up.

Preference Shares are cumulative. The dividend on these shares is paid half-yearly, on the 30th April and 31st October.

The Ordinary Shares were issued to the Vendor as fully paid, in part payment for the properties, he undertaking not to transfer or  part with any portion of them before the 31st December, 1896.

RESERVE FUND £5,000.

THOMAS MCMEEKIN, Esq., (Managing Director). JOHN McEwAN, Esq. WILLIAM LIVINGSTONE WATSON, Esq. SIR ALEXANDER WILSON.

HISTORY. The Prospectus was issued on the 1st November, 1892, and stated that the Company was formed to take over the Tea Plantations, Allynugger and Chatlapore, and also to purchase other Tea properties in  India should opportunities offer. The Allynugger Plantation was

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