LONDON, 14th March, 1913,
Waterlow & Sons Limited, Printers, Loudon Wall, London,
Enclosure 2.
508
Extract from the linutes of the Executive Council dated
26th. February, 1914.
"Council considered an application by the linnager of the Mercantile Bank of India, Ltd., with regard to the conditions of the security against the note issue. Ilia Excellency stated that the Lords Commissioners of the Treasury discouraged other than Government note issues, but the time was not yet ripe for a Government issue and a larger supply of notes was undoubtedly required in the interests of the trade of the Colony. Council
concurred that a recommendation should be made to the effect that
a concession should be granted to the Mercantile Bank on the lines
of those granted to the Hongkong and Shanghai and Chartered
Banks."
1
THE MERCANTILE BANK OF INDIA,
LIMITED.
and to appoint Auditors. December, 1912, to declare a Dividend, to elect Directors, Report of the Directors for the year ending 31st Profit and Loss Account and Balance Sheet, with the at One o'clock precisely, to receive and consider the House, Old Broad Street, on Thursday, the 27th March,
Shareholders of this Bank will be held at Winchester The Twentieth Annual General Meeting of the
inclusive. from the 15th March to the 27th March, both days The Transfer Books of the Bank will be closed
By order of the Board,
P. MOULD,
pro Secretary.
(Sd.) M. Fletcher,
Clerk of Councils.