CO885-(7-8)-2 — Page 536

Properly not required for pro- spective enhancement

...

13,237,821.15

$72,927,813.15

Subsequently amended to—

Maintainable income

833,464,420.00

l'rospective enhancement

25,245,600.00

Property not required for pro-

spective enhancement

10,366,566.35

869,076,586.35

Mr. Fraser (late Secretary London Consulting Com- mittee).

£220 10 0

London Consulting Committee | £6,919 4 5

Allowance for cost of re-invest- ment and loss of interest on re-investment.

$118,937

Annuity of £500 per annum and $6,000 or £600 for

extra services.

$88,773.00 subsequently amended to £8,874 78. 3d.

...

Loss of profit for one year from July 1st, 1905, less $12 per cent. interest Allowance for re-investment, brokerage and stamps, 1 per cent. on claim Allowance for recoupment of loss of interest from date of compen- sation to re-investment

Annuity of £200 per annum. (See next column.)

No offer was made by the Govern- ment.

---

$1,036,000.00

741,851.13

...

1,483,708.26

$3,261,562.39 The

After Mr. Fraser's death the offer of the Govern ment was amended so as to show the exact amount due to him at his death, namely, £146 168. 10d.

This is stated in the Award to be about 11⁄2 per cent. of item No. 1.

321

Coats, charges, and expenses

of the liquidation of the Company.

Costs

#37,865

No order. Ques-

tion to be men- tioned at a future

date.

Afterwards amended to a general claim to cover brokerage and stamps of 1 per cent, on items of- Maintainable income

Prospective enhancement

Items not required for pro-

spective enhancement

Surplus lands...

and a farther claim of 2 per cent, on aggregate award on the same items to cover loss of interest from date of payment pending distribution and re-investment.

In original claim

$100,000,00

Government offered 1 per cent. on amount awarded for taking over the undertak- ing of Company.

This sum of $100,000.00 was disputed by the Government and eventually agreed at #37,865.

In addition to the amounts awarded the Com. pany claimed Directors fees from the appointed date to date of award at the rate of $22,500 per annum.

Consulting Committee, fees from same date at the rate of 89,450 per annum.

Secretarial, rent, office expenses in London and Singapore, $20,000.

No sum is included in the award in respect of these last three items.

A B C

CHL TO NOISSIWYER INCHLIM ATTY

COOH AND

OL CONTHEVIDOLOHA SHIVADOR

288 'O'O

−: aua