668 



THE TROPICAL AGRICULTURIST. [April i, 1886. 



outlay has been made, aud they therefore recommend 

 tlie addition to the Articles of Association of a clause, 

 whereby they will be enabled to place such outlay to a 

 special account and spread the payment over a period 

 of yeai's. 



22. The proposed new clause has been formed upon 

 and is iu principle the same as clause 80 of the Reg- 

 ulations for the niauageiuent of a Limited Company, 

 given in tho first Schedule (Table A) of the Companies' 

 Act, 18G2. 



2:i. It is proposed to hold the extraordinary general 

 mcetnig before the ordinary general meeting in order 

 that the resolution suggested may be passed (if approved) 

 before the accounts and balance sheet are submitted, 

 as these have been framed on the assumption that 

 Euch resolution will be passed and duly confirmed. 



21- The two Directors who on this occasion retire, 

 aro Mr. R. P. Harding and Sir H. B. Sandford, and 

 they both being eligible offer themselves for re-election. 



25. Mr. John Smith (a Shareholder) the Auditor, 

 also retires and ofi^ers himself for re-election. 

 By Order,.Jan. 188B. 



WiLiUAjj Bois, lirxrelar'j. 



No. 8, Old Jowry,E.C.,13t 



The Lanka Plantation CosirANy Limiteh. 

 Balance Sheet, 30th June 188j. 



b. d. £ B. d. 

 161.000 



£ 



Dr. 



To Capital Paid-up 



15,000 Ordinary Shares 



of .tlO each . . 150,000 



1,100 Preference Shares 

 of £10 each . . 11,000 



,, Loan (temporary) ob- 

 tained on the payment 

 off of the Mortgages 

 on Arnhall and Am- 



pittiakaude .. 9,000 



„ Sundry Creditors . . 1-1,392 16 



Bills Payable . . 6,630 7 1 



Sundries .. 7,7(12 8 11 



„ Balance of Profit and 



Loss Account . . 1,057 10 9 



.■£185,4.50 6 9 



Or. 



By Estates 



Ampittiakande 

 Arnhall 

 Kruit Hill 



£ 



d. £ s. d 

 163,721 10 4 

 26,225 5 

 18,521 6 9 

 10,232 14 9 



Fardyce and Garbawu 16,149 2 

 Gonagalla and Para- 

 matta .. .. 18,185 12 11 

 Rappahannock .. 22,846 10 7 

 KiUamalle .. .. 10,333 11 9 

 Thotulagalla.. .. 3.5,143 13 1 

 Yattawattc .. .. 6,083 13 6 



163,721 10 4 



By Produce unsold on 

 HOth June 

 Since realized 

 Coffee unsold— estim- 

 ated at . . 

 Bark „ „ ,< • • 



„ Cash 



„ Suspense Account 

 Tea Planting a/c 

 Yattawatte — further 



outlay 

 Preliminary Expenses 



— balance . . 

 Machinery . . 

 Tools 



„ Payments on account 

 of upkeep for 1885 6 



14,959 IS 9 



9,294 18 9 



2,860 

 2,805 



2,819 15 10 



1,524 9 9 



200 

 32 17 2 

 94 19 3 



28 5 2 

 4,672 2 



2,068 10 6 

 £185,450 6 9 



Trading Account, for the Tear ending 30th June i^»". 



Dr. t s. d. C 

 To Cost of Cultivation in 

 Ceylon — 

 Ampittiakaude . . 2,318 18 8 

 Aruhall . . . . 1,570 19 6 

 Fordyce and Garbawn 1,842 15 9 

 Fruit Hill .. .. 1,070 19 

 Gonagalla and Para- 

 matta . . . . 2,748 G 9 

 Rappahamiock . . 2,100 12 10 

 Rillamalle . . . , 1,250 4 5 

 Thotulagala . . . . 2,991 10 8 

 Yattawatte .. .. 2,120 11 3 

 General Manager- 

 Sundry Expenses . . 929 19 9 



18,9-14 18 7 

 Less — Tea Planting a c, 



1884-5 (i-1,249-9-0) Yatta- 

 watte Estate — Cost of 

 Cultivation & Planting 

 (£2,120-11-3), Proceeds 

 of Drop (£596-1-6) 2,773 18 9 



16,170 19 10 



164 15 6 



583 17 1 



1,021 18 G 



„ Insurance 



,, Interest on Mortgage &c. 



„ Loudon Expenses 



Directors' Fees, Secretary, Law Costs, 

 Income Tax, and General Office Ex- 

 penses 



„ Balance carried to Profit and Loss a/c 3,793 4 5 



By 



£21,734 15 4 



Or. £ s. d. f 3. d. 



Nett Proceeds of Coffee 



sold in London . . 13,267 8 6 



„ „ Bark 1,876 13 6 



„ „ Cocoa 491 10 4 



15,638 12 4 

 Nett Proceeds of Coffee 



sold in Cevlon . . 239 1 8 



Bark l9l 10 4 



16,069 4 4 

 Estimated value of Coffee 

 not realized .. 2,860 



Bark 2,805 



21,7,34 4 4 



Transfer Fees . . 11 



£21,7.34 15 4 



Profit and Loss Account, for the year ending 

 .30th June 1885. 

 Dr. £ s. d. £ a. d. 



To Dividend on Preference 



Shares to 31st Dec. 1884 278 3 10 

 „ ,30th June 1885 320 7 6 



598 11 4 



„ Balance of Dividend paid 5th Feb. 

 1883 (£2,336 8-7). amount of sur- 

 plus on realization of estimates 

 (£199-6-3) .. .. .. 2,137 2 4 



„ Balance carried to Balance Sheet.. 1.057 10 9 



Cr. 

 By Balance from Trading Account 



£3.793 4 5 



£ s. d. 

 3,793 4 5 



£3,793 4 5 



I have indited the above Balance Sheet and Profit 

 and Loss Account, and in my opinion they aro pro- 

 perly drawn up so as to exhibit a true and correct 

 view of the state of the Company's affairs as shewn 

 by the books of the Company. 



John Smith, Auditor. 

 13th January 1886. 



