574
We are advised that it will be necessary that an Ordinance be introduced into the Legislative Council of this Colony with the object of amending and extending the existing Ordinance, and at the same time extending its operation for a further period of 21 years since the present Ordinance will expire on the 14th August, 1908, and our Directors will be glad to learn His Excellency's views on the matter before calling the Shareholders together to pass the necessary Resolutions to effect the above objects. I shall be glad therefore to learn from you at an early date that there will be no objection on the part of the Government to the passing of the necessary Ordinance to increase the Capital and to extend the term of the existing Ordinance as above indicated.
I have etc.,
(Sd.) J. K. M. Smith,
Chief Manager.