. Railway Times . !::rS;;m^S:n \;;:.^;^n^.^.. ^ projK^se toronlent ourselves with an allocation of ;^io,ooo to reserve,^ -h w mbrin^ up the various funds to /. 110,000, and wenc n me d he pavment of a final dividend of 4 per cent, onshares and 7 per cent, on the B shares. I should. vacant position. The lastgeneral manciKe, »■ ■;- ^,,c „., Th» l!.<:tI have to touch upon is that of finance. The last assistant general manager, to thquestion i^„ on which this company raised any fresh capital wasin,:;;, Then ot present 4 per cent, debenture stock was (no THE RAILWAY TIMES. [Jv^ 1912

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. Railway Times . !::rS;;m^S:n \;;:.^;^n^.^.. ^ projK^se toronlent ourselves with an allocation of ;^io,ooo to reserve,^ -h w mbrin^ up the various funds to /. 110,000, and wenc n me d he pavment of a final dividend of 4 per cent, onshares and 7 per cent, on the B shares. I should. vacant position. The lastgeneral manciKe, »■ ■;- ^,,c „., Th» l!.<:tI have to touch upon is that of finance. The last assistant general manager, to thquestion i^„ on which this company raised any fresh capital wasin,:;;, Then ot present 4 per cent, debenture stock was (no THE RAILWAY TIMES. [Jv^ 1912. i,^u;!. J fiK iran^.-iction provided Us, after allowing lot cosis ;.;iij .itiju iii^ our cash jK^^iiiod on that date, with some / ;• y . !hri, ;is uui c;i|jital account shows, we have .a ), new rolling-stock, workshops, 111^, a total, in round ligurcs, of ;t 155,000. , r-. , \\.\-, ;n (jrovidi-d out of ordinary alv alv\a\s thought we could not veryniui h I-iij^.-r |(,.,iii time Minn it would be necessary toi^>u. ih. l/. o

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