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S <br />Management. <br />,'. <br />The Directors have much pleasure in submitting such a satis- <br />re ort of the year's working, which is largely due to the <br />Illiam J • Cox, the General Manager, has <br />factory P <br />manner in which Mr• W under the supervision of iVlr. <br />conducted the affairs of the Compan~onsulting Engineer. <br />John Hays Hammond, the Company s <br />-rhe Auditors, Messrs. Price, Waterhouse & Co., being eligible, <br />offer themselves for re-election. <br />By order of the 13oard, <br />C. R. O'FLAHERTY, <br />Secvetary. <br />$eacl O~tcc :- <br />~~~ THREADNEEI?LE STREET, E C. <br />LONDON, <br />July z9d:, Igo3. <br />