Page:Tea Producing Companies of India & Ceylon, (1897).djvu/18

 estimated to com prised, 46 1 acres, of which 527 were then under Tea ; the Chatlapore Plantation was estimated to comprise 2,943 acres of which 697  were at that time planted up. In 1895 tne Company took over some 2,000 acres of land adjoining the Allynugger property, this grant of land  being now known as the South Allynugger Estate. All the properties are held direct from the Government, partly under a permanent heritable and  transferable grant under the 30 years' rules, and partly under renewable  pottahs or leases for 20 years.

SITUATION AND AREA. The properties are in the Sylhet District of the Province of Assam. According to the last report the area of the Company's Estates now stands :

ALLYNUGGER... 1,401 acres of which 555 acres are planted. SOUTH ALLYNUGGER 2,003 ,, ,, 245 ,, ,, CHATLAPORE ... 2,943 ,, ,, 782 ,, ,,

Total 6,347 acres, of which 1,582 acres are planted.

Crops sold partly in London and partly in Calcutta when sold in Calcutta, freight and usual charges incurred in London have been estimated for in column shelving average price realised.

The Estates also produce a quantity of Tea Seed each year.

GENERAL. It is the policy of the Company to make moderate extensions of the area under Tea, the cost of the same being paid out of  Revenue Account. The Teas are sold partly on the London market and partly in Calcutta, at the discretion of the Managing Directors.

ACCOUNTS are made up annually to the 3ist December and issued about the following June, together with the Annual Report.

DIRECTORS' QUALIFICATION. £500 of either class of Shares. VOTING POWER. One vote for each share of either class.

TRANSFER FORMOrdinary ; Fee, 2s. 6d. per deed.