Daily Colonist (1905-08-04) by Unknown

Author:Unknown
Language: eng
Format: epub
Tags: British Columbia; Newspapers
Published: 1905-03-25T16:00:00+00:00

Sparking Dynamos, Wet, Dry and .Storage Batteries, Spark Crtils, Spark ^lugs. Battery Testers, etc. . ...

' Prompt Shipments Our Specialty

NSURANCE

FIRE, LIFE. MARINE AND ACCIDENT

Oldest and best companies, lowest rates and prompt seUlement?

Temple BIdg.,

J

.25 PeLJaji^^Nifiv^^lil^y ;F!ot^

:■;}■ vSY^J'.i^ ,,5:?',100 Pounds;, ^ > SYLvEsfER PEfip CO.. 87-80 YAfES ST. fel. 4 13

Of Tyee

{Continued from I'aiie One.)

finally agreed to, the question as to dividend settled, .and the draft directors' report Kubinitted to ":the iboard, iu wbieli the reiiriu;: directors, Mr. riodpes ninl iii.vsrlf, were j incntione<i as (/iTeriii;; iMirsclves for I'o- j election, not .-i \v<inl was said against this [dirtieular pai-a.^-raiili, as it' then | Jitood. Anil .villi are doulilless awans i since Mr. I.oeiiler slarli'd the pra. ii.'f three yours aL^o, llie uri^-inal ilinN;iij> have lieen in llie liahil <j1' olitaiuiii:; 1 proxies in dereni-e of llie uthcr sliare-Jiohlers. Now .\Ir. llaiirki' asked us ,wliul v<v intended doiii;.: as ri';;ar:ls ]iro\ies oil lliii (lecasion, anil liii:;ll.y Iiroitosed to us that IT they did iiu'l. ! loilgo proxies we should also a;^ri'e not 1 .to- do SO. I'uder the cirrii iiisl a ines. iand not, theret'ore. aiilii-i|palinL: aiiv opposition from .Mr. Loelller, we ' agreed. Now, uXter tliis. yuu eau iiiiaB- I .ine out utter iima',;pment when, on at-toiiding a board incoliiiK on tlio follow-1 iiipr Tuesday,. July 'llli, .summoned to ( pass tlie fiiiSi print of the report and accounts, and to lix the dnto of this aiieolins. we were told by tlie ehairiiiiiu | tli.Ml lie had .iiist ii.ad ail interview witli | •Mr. ]|;ineke, in wliieli this ^H'lit liMiri n 1 bad annoiineed yu. hocfl'ler's derision | 1(1 i)|iii(ise our rr-eh'i-lion and lo nniii- i inate liiiiiselr and Mr. Nirol iti-owii .in our plaees. .Mp. Xi,,,,! Itrown. I luav' tiiieiilioii. piirenthelieally, has reeoiitly ' ;ief|uire(l liis hare ipialiliratinn. When I ^1 cvposlulated with Mr. Ilaiu-ke, I was' <'aliiily lolil. "Thnt is what the shares were IkiuhIiI: for!" Having' re^rard to the sliorliiess of time at our disposal. ■ nnd to tlio fact that on a poll Mr. ■Tioeffler could cast a vcny lai-ge iium-lier or votes in one liiind, wo found ours<dveM powerless to resist. I have .sfaled the simple fai-ts, and leave ynu to <lraw yniir own eoiieliisions. 15iil I wish lo point out lliiit, lis .Mr. I.ocfl'le? niid his I'rieuds do not own liiilf the

shaj of Ids

1 1;

anil"

'iitindy to see the .{iisliee vi four seals out of five

Ihr

•lia ir-

luau 111 a Mini . 11 \ one on llie Imard 1(1 T'epre-i'io llie iiia.iijrilv id" llie share-I'ldders. On Ihe other Iiand. .Mr. 'll(>(lj;es and myself, |ii;rellier willi our iinineiliale ndiilions, are, liy far. Die uoKt InrKust shnrdiolders, ' repiesoiil-iuB bctwoiMi us nearly 20,000 shares, lu conclusion, .'illow mo to tliank yoii on 1)p.liair of yir. HodfrcR and niyselfi for the confiid'encft you {liave so kindly placed In us iu the past. Wo regret that tlio circfinistniiecs ^vl)iob I bavi ilotailert prevent our contiuuhiB to servo yon. (Applause.)

The Interim Dividend—A Protest

Mr. ITiincke; Mr. Livinsstono lias njontionod tliat we were working at tlio board in nn amicnblo wayj luit

Use tolenhone to Seattlo.

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