468 
IHE  TROPICAL 
straight  lines,  a dreadful  eiie-sore.  Why  could  he  not 
have  been  content  or'  induced,  to  follow  nature  in 
graceful  curves,  instead  of  that  sickening  irritating 
bee-line  which  disfigures  the  scene,— enough  of  itself 
to  disturb  the  peaceful  slumbers  of  him  who  so  often 
and  so  fondly  looked  upon  this  prospect. 
THE 
NAHAVILLA  ESTATES  COMPANY, 
LIMITED. 
A meeting  of  the  Naliavilla  Estates  Co.,  Ld., 
was  held  at  the  olliee  of  the  Agents -Me.ssrs. 
Geo.  Steuart  & Co.,  at  3 o’clock  on  14th  Dec. 
There  were  present Messrs.  E S Grigson,  C hair- 
mau,  and  A Orchard,  Directors 
Paterson,  J Anderson,  J Abel,  J 
and  Gordon  Pyper ; and  by 
Catharine  Margary,  Messrs.  I 
\V  Anderson  and  J L t.ortion, 
Grigson,  Messrs,  ('has.  Gordon, 
A F Souter,  K J 
The  Report  of  the  Directors  tlaled  5th  Decem- 
ber was  taken  as  read  and  unanimously'  adopteil. 
The  following  proposals 
monsly , i ^ 
l._“That  a hnal  dividend  at 
per  cent  for  the  last  half -yeai 
R 
, Messrs,  d 
F Headrick, 
proxy  Mrs. 
S 'Grigson, 
Mrs  H H 
('  Wright, 
AGRICULTURISI. 
[Jan.  1 
, 1896 
The  definition  of  the  two  estates  as 
at  present 
constituted  is  as  follows:  — 
Tea  ill  full  bearing 
175 
181 
„ „ partial  „ 
66 
— 
„ not  in  „ (includes  land 
in 
course  of  planting) 
93 
127 
Coffee  
120 
117 
Forest 
44 
66 
Cinchona,  Patna,  Scrub,  Chena 
, &C.103 
158 
Total 
..  601 
652  acres. 
The  Factory  on  Ury  is  in 
working 
order,  and 
the  prices  realized  for  the  teas  have  so  far  been 
Drummond  and  R P Mac- 
w'ere  carried  nnani- 
on 
The 
on  the 
results 
the  rate  of  10 
,ci  vv:..v  ....  making  20  i)or 
cent  for  the  year,  be  paid  forthw'iU^^^ 
2.—“  That  Mr.  R.  C.  W right  of  Deaculla,  fla- 
putale,  be  elected  Director  in  place  of  Mr.  R.  1 . 
MacFarlane  who  retires  liy  rotation. 
3^ “That  Mr.  John  Guthrie  be  appointed 
Auditor  for  the  year  ending  30th  September,  1896, 
on  a remuneration  of  RIOO.” 
(Jhaiuman  then  made  some  remaiks 
position  of  the  Comiiany  and  the 
of  the  year’s  working,  which,  he 
thomdit,  might  be  regarded  as  highly  satis- 
factoTv  The  recent  acquisition  of  Malia])alagalla 
was  alluded  to,  and  tlie  Directors  hoped  that 
it  would  prove  a satisfactory  addition  to  the 
other  properties  of  the  Company. 
The  following  is  the 
ANNf-U.  UEl’OliT. 
The  Directors  have  the  pleasure  to  submit  their 
ciPfoncl  Annual  Report  together  with  a Statement  of 
itruntflorthe  /ear  ea5ed  .30th  September  ^ 
The  accounts  shew  that  a sum  of  -l>  ha. 
been  expended  on  the  purchase  of  sundry  allotments 
of  laud,  in  building  and  eqnippnig  the  Factory  on 
Urv  with  machinery,  in  planting  and  cultivating  the 
area  not  in  bearing,  and  this  amount  has  been  ad- 
ded to  the  cost  of  landed  property. 
The  Directors  therefore  deemed  it  advisable  to  call 
UD  the  remainder  of  the  Capital  to  recoup  the  ex- 
n^diture  [ride  Circular  of  10th  October,  last  . 
^ The  profits  for  the  year  including  a small  balance 
nf  11*^01*57  brought  forward  from  last  year,  and  after 
pavinK  preliminary  expenses  in  connection  with  the 
^!nvchase^of  Ury  Estate  have  been  Rbi,ol;j-94,  equal 
Ca  return  of  about  :32J  per  cent,  on  the  paid-up 
An^'inferiln  dividenef ‘for  the  half  year  of  10  per 
ppnt  was  paid,  absorbing  the  sum  of  1120,800,  and 
J^hP^Directms  recommended  the  balance  (R1G,7  l.l  ill) 
being  disposed  of  as  follows 
Final  Dividend  for  the  Season  of  10 
per  cent,  making  20  per  cent  m all 
Directors’  Fees  ‘ ‘ 
Secretariat  and  Office  Rent 
Reserve 
satisfactory. 
The  coffee  crops  secured  for  the  year  exceeded 
expectations  very  considerably,  and  although  pros- 
pects for  1895-9()  do  not  point  to  so  large  a return 
from  this  source,  still  there  is  a fair  crop  on  the 
tress,  which  together  with  the  proceeds  from  the 
tea,  should  enable  the  Directors  to  present  a fairly 
satisfactory  I'eport  again  next  year. 
The  Directors  have  just  concluded  the  purchase  of 
Mahapahagalla  Estate  for  the  Company  at  a cost  of 
.t'7.000,  the  acreage  of  which  is  as  follows 
Tea  in  full  bearing 
,,  not  in  ,, 
R 
20,800 
1,500 
1,000 
2:1,11.5 
new  laiK 
of  Ury, 
100 
Coffee 
Ratna,  F'orest  and  Fuel  trees 
Total 
170 
47 
35 
71 
323  acres 
Mr.  ’I.  P.  lUacfarlane  retires  by  rotation  from 
the  Hoard  of  Directors,  and  as  he  is  shortly  pro- 
ceeding to  England,  it  will  be  nee'essary  to  elect 
another  qualified  shareholder  in  his  place. 
c. 
00 
00 
00 
94 
40,715  94 
During  the  year  under  review  about  lOO  acres  of 
have  been  acquired  m the  neighhourhoo  I 
acres  of  which  are  now  being  planted 
with  tea  - a'ndon  Nahavillalurthor  23  acres  of  coffee 
land  have  been  brought  under  this  cultivation. 
NEW  TEA  COMPANIES. 
THE  VOGAN  TEA  COMPANY  OF  CEYLON,  LIMITED. 
The  memorandum  and  articles  of  Association  of  “The 
Vegan  Tea  Company  of  Ceylon,  Limited,’’  are  pub- 
lished in  the  Ga-Mle.  The  main  objects  for  which 
the  Company  is  established  are: — To  purchase  or  other- 
wise acquire  the  Vegan  and  Iddagodde  estates  in 
Kalutara,  and  the  Stamford  Hills,  and  Barkindale  es- 
tates in  Dikoya  ; to  prepare,  manufacture,  treat,  and 
make  marketable,  tea,  and  (or)  other  crops  or  produce, 
and  to  sell,  ship,  and  dispose  of  such  tea  crops  and 
produce,  either  raw  or  manufactured,  at  such  times 
and  places,  and  in  such  manner  a.s  shall  be  deemed  x- 
pedient.  The  nominal  capital  of  llie  Cqinpauy  is  one 
million  rupees,  divided  into  ten  thousand  shares  of 
one  hundred  rupees  each  (of  which  seventy-two  thou- 
sand rupees  nro  now  called  up),  with  pow’or  to  in- 
crease or  reduce  the  capital.  The  following  have 
signed  the  memorandum  : — W \V  Mitchell,  M Finlay, 
CSV  IMorrison,  F Licjcliing,  V A Julius,  \V  Moir,  and 
Henry  Bois. 
THE  KANDYA.S  1111,1, 3 COMPANY.  LIMITED. 
The  memorandum  and  articles  of  Association  of 
“The  Kandyan  Hills  Company,  Limited,  ’ are  published 
in  the  last  Gazelle.  Among  the  objects  for  which  the 
Company  has  been  established  is: — 'To  acquire  tlie 
Pansalatenue  estate,  situated  in  the  Matalc  district, 
or  cultivate  tea,  and  (or)  any  other  products  or  trees, 
plants,  or  cro)is  which  may  hereafter  be  approved,  and 
either  on  the  .said  cstaie.-s  or  elsewhere  within  or  beyond 
the  limits  of  Ceylon,  and  to  prepare,  mamifactiiie, 
treat,  or  make  marketable  the  produce  of  any  such 
farming  or  cultivation,  or  any  like  produce,  and  to  sell, 
ship,  and  dispose  of  such  produce,  cither  raw  or  manu- 
factured, at  such  times  and  places  and  in  such  manner 
as  shall  be  deemed  expedient.  The  capital  of  tliis 
Company  is  R3()0,0U0.  divided  into  three  thousand 
sbare.s  of  RIOO  each,  with  power  to  increase  or  reduce 
the  capital.  I'lio  following  have  signed  the  memoran- 
dum and  articles: — Ucoigo  J Jameson,  F'lowerdew 
Macindoc,  E R Waldock,  F rank  Diiplock,  E Benham, 
John  ^Yilson,  and  F Liesching. 
