277 
ly sound in every way. Yields generally were going to be 
larger and cost of production considerably lower than they 
had been in the habit of estimating hitherto, an estates that 
were capitalised at moderate cost would be able to pav large 
dividends on a profit of fid. per lb. of rubber. 
Mr. Browell seconds that the Annual Report be adopt- 
ed. Carried unanimously. 
Mr. Gibson then proposes, Mr. Hunter seconds and it 
is carried unanimously that the accounts be passed. 
IX. Elections. Mr. Harrison thereupon vacates the 
Chair, which is occupied temporarily by Mr. E. B. Skinner. 
The election for a Chairman and Secretary then takes 
place with the following result: 
For Chairman : Mr. M. C. Cumming 10 votes (elected) 
,, A. B. Lake 4 „ 
B, W. Harrison 2 ,, 
,, Turner, Skinner.. Duncan I ,, each 
1 ,, abstention 
Absent ^ I ,, (Mr. Macfadyen 
21 
For Secretary : Mr. Zacharias 19 votes (elected) 
1 abstention 
Absent I (Mr. Macfadyen 
21 
Mr. Parkinson proposes a hearty vote of thanks to the 
retiring Chairman for the sterling work; done by him on 
behalf of the Planting Community since his arrival in the 
country. 
This proposition having been heartily endorsed by Mr. 
Skinner, is carried by acclamation. 
X. Estimates. The Estimates for 1909/10 are sub- 
mitted as follows : 
Expenditure. 
Revenue. 
To. 
Agricultural Bulletin 
§1,000-. 
By 
Subscriptions at $100 per dele' 
„ 
Printing and Stationery 
650- . 
Mai. Pen. Agr. Ass. 700-. 
,, 
Postages 
150-. 
5 ? 
Perak PI. Ass. 700- 
Secretary 
2,400-. 
J > 
!v. L. D. P. A. $00-. 
,, 
General Charges 
100-. 
) ) 
N. Sembilan P. A. 400- 
,, 
Exhibitions 
150-. 
y 1 
K. Selangor I). P. A. 400 . 
Reserve 
350- . 
} * 
>> 
) 9 
B. Tiga D P. A. 400-. 
Klang D. P. A. 400- . 
Malacca P. A. 400-. 
Johor e P. A. 300- 
Raub D. P. A. 200- . 
Kapar D. P. A. 200- . 
§4,800-. 
K. Langat D. P. A, 200-. 
$4,800-. 
