and, after repeated and heavy consignments,
it,
thru
consignments,
495
losses on
it succumbed, and was wound up by the bout, within its incorporation, with the loss of its entire capital of Dollars One hundred thousand ($100000.) and an additional amount of nearly Dollars Twelve thousand ($12000.) then
The building and machinery came into the hands of their mortgagees, a Mr. Lamont and Ms. Jack, who worked the establishment for their own account, until the death of the former in August 1878. Their operations resulted in very considerable losses.
After Mr. Jack's death, the manufactory remained in disuse, except for about two months, during which we worked it, in order to test its capabilities.
In 1875, the Sugar Refinery, which ultimately developed into the China Sugar Refining Company Limited, commenced the distillation of spirits, on its own premises, under a license, on which a fee of Dollars One hundred ($100) was then and has since been annually paid.
In 1878, a new license No. 5, having been added to the conditions,
a new license
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