THE TROPICAL AGRICULTURIST, 
424 
Since its formation, the Compan}’ has succeeded in 
securing the following further and adjoining lands and 
estates: — 
The property of the Anei- 
mudi Tea Company, Ltd., E159,600 
The property of the Toliar 
Valley Planting Compan, Ltd. 70,000 
The property of the Chitta- 
varrai Planting Company Ltd. 7,000 
The Benmore Estate, 38,000 
The Cuddalaralle Estate . . 30,565 
The Kanniamallai Estate. . 100,000 
The Haichatch Estate .. 29,000 
The Peria-Kanal Estate . . 37,500 
The Puli-Vassel Estate .. 25,000 
E496,665 at 
exchange, say 1/3=£31,041 11 ^ 
The Parvithi Estates, .. 8,500 0 
The Vagavarrai Group of 
Estates, &c., . . 19,000 0 0 
£58,541 11 3 
Particulars of these are given in section 15 of the 
accompanying schedule. 
The Directors have also recently purchased — 
The Estates of the Noakaoharee Tea 
Company, Limited. Assam for .. £100,000 
TheLynsted Estate, Bogawantalawa, 
Ceylon . . . . . . 30,000 
The Maddegedera Estate, Kalutara, 
Ceylon . . . . . . 35,000 
E165,000 
Particulars of the last-named Estates are given in 
Section C of the accompanying Schedule. 
In regard to these last three purchases (Section C), 
it may be explained that the Directors thought it 
desirable to secure the property of the Noakacha- 
ree Tea Company, as, in their opinion, a 
combinatiod of good Assam estates with high coun- 
try estates, such as the Company’s property in the 
Kanan Devan Hills, North Travancore, will secure 
the most permanently successful results. In addition 
to this, the Directors considered it, as a favourable 
opportunity offered, advisable to secure some estates 
capable of earning a dividend on the whole paid up 
capital during the period in which the Company’s 
lands and young estates in North Travancore were 
being opened up and developed. 
To complete the purchase of the properties named 
in Sections B and C, and to develop the same, 
some additional capital is required, and the 
Directors have accordingly resolved to make a new 
issue of £250.000, viz. ; — 
10.000 six per cent, cumulative 
Preference shares of £10 each, £100,000 
15.000 ordinary shares of £10 each, 150,000 
£250,000 
all of which are now offered for subscription to the 
Shareholders of the Consolidated Tea and Lands 
Company, Limited, to the Shareholders of the Amal- 
gamated Tea Estates Company, Limited, and also to 
the employes of the Kanan Devan Sills Produce 
Company, Limited. 
4c * * * 
The Directors are of opinion that it is to the be- 
nefit of the Company to encourage the Managers, 
Superintendents, and Assistants (on whose work so 
mirch depends) to become Shareholders- They also 
think it fair that the Shareholders of The Consoli- 
dated Tea and Lauds Company and of The Amal- 
gamated Tea Estates Company, who as such Share- 
holders are now so largely interested in The Kanan 
Devan Hills Produce Company, should have an op- 
portunity of becoming personally interested in it if 
they so desire. As, howexer, it is essential that this 
Company should, during the period of its develop- 
ment, be worked as a private Limited Company, 
Shares will only be allotted to those who desire an 
investment, The Company will be worked on some* 
[Dec. I, 1897. 
what similar lines to those on which The North and 
South Sylhet Tea Companies were so successfully 
conducted. * ♦ ♦ 
With the addition of the new purchases, the Com- 
pany possesses : — 
Uncultivated Cin- Total. 
Land. Tea. Coffee chona acres. 
In Travancore, 92,200 2,131 606 926 95,863 
In Assam, 10,326 2,442 — — 12,768 
In Ceylon, 141 778 — — 919 
102,667 5,351 606 926 109,550 
Travancore. — A considerable proportion of the land 
in Travancore is of the very finest description, and 
is capable of yielding large crops of fine quality tea, 
and also coffee. It will be seen that there are 
2,131 acres of tea, 606 acres of coffee, and 926 acres 
of cinchona, at present under cultivation. With the 
exception of the cinchona, and 515 acres of tea and 
coffee in bearing, the whole of this area consists of 
young tea and coffee, principally planted in 1894, 
1895, and 1896, which will not yield much crop for 
two years. A further area of 2,000 acres of tea and 
300 acres of coffee is being brought under cultiva- 
tion in 1897. The whole of the Company's land in 
Travancore under tea cultivation is at an elevation 
of from 4,000 to 6,000 feet abovelsca level, and it is 
estimated that there are still 16,000 acres of forest 
and good grass land at a similar elevation, and 
suitable in every respect for the profitable 
growth of good quality tea and coffee. The 
lands at a lower elevation are also very rich, 
capable of producing large crops of coffee and medium 
tea, and suitable, it is believed, for the growth of 
rubber. To the last-named industry the Directors 
proposes to turn their special attention. Important 
roads are in course of construction on the Company’s 
Travancore property, to connect it with the east 
and west coast?, and these will greatly add to the 
value of the lands. There is a large permanent 
Coolie force, and labour is easily procurable. There 
is a good staff of European Managers and Assistants, 
under the supervision of Mr. W. Milne, the Eesident 
Superintendent. It is proposed to extend as rapidly 
as possible the cultivation of high-grown tea as well 
as coffee and rubber in Travancore. 
Assam. — The estates of the Noakaoharee Tea Com- 
pany, now acquired by the Company, are very valu- 
able. They are situated in the district of Jorehaut, 
Sibsagar, Assam, a locality of proved excellence in 
the production of high quality tea. There are 2,300 
acres of tea in bearing, which are estimated to yield 
a profit of £7,000 per annum. But the feature which 
makes the purchase more particularly attractive is 
the possession of 7,600 acres of valuable freehold 
forest land, which will be rapidly developed. 
Mr. Mann, the Visiting Agent for The Consolidated 
Tea and Lands Company, Limited, places the value of 
the whole property at £116,000, and the Dierctors succeed 
ed in securing it on behalf of the Company for £100,000 
In writing of this land, Mr. Mann remarks : — “The 
forest land is very valuable. If extensions are con- 
templated on a large scale, and at no distant date, 
the jungle forest would not be prohibitive, even if 
valued at E150 per acre, which would raise the value 
another £24,000. It must be borne in mind that 
this property is all practically freehold, which is now 
scarcely to be had in Assam. What still remains to 
be opened out is well timbered, and, were it now 
taken up under Government lease, there would be, 
at least, E80 per acre demanded by Government on 
account of Timber.’’ 
There is always a good demand for good Assam teas, 
which are in comparatively limited supply. 
Ceylon. — The Lynsted Estate is a first-class high 
country estate, and is estimated by Mr. F. W. 
Clements, Visiting Agent, Ceylon, to yield a profit of 
£2,870 per annum. 
The Maddegedera Estate is a specially attractive 
low country property, and is estimated by Mr. L. 
Davidson, Visiting Agent, Ceylon, to yield a profit of 
£3,200 per annum. Taking the profits of 1897 and 
1898 of the bearing area in Tjfivapeore at f2,000, 
