This is a digital copy of a book that was preserved for generations on library shelves before it was carefully scanned by Google as part of a project
to make the world's books discoverable online.
It has survived long enough for the copyright to expire and the book to enter the public domain. A public domain book is one that was never subject
to copyright or whose legal copyright term has expired. Whether a book is in the public domain may vary country to country. Public domain books
are our gateways to the past, representing a wealth of history, culture and knowledge that's often difficult to discover.
Marks, notations and other marginalia present in the original volume will appear in this file - a reminder of this book's long journey from the
publisher to a library and finally to you.
Usage guidelines
Google is proud to partner with libraries to digitize public domain materials and make them widely accessible. Public domain books belong to the
public and we are merely their custodians. Nevertheless, this work is expensive, so in order to keep providing this resource, we have taken steps to
prevent abuse by commercial parties, including placing technical restrictions on automated querying.
We also ask that you:
+ Make non-commercial use of the files We designed Google Book Search for use by individuals, and we request that you use these files for
personal, non-commercial purposes.
+ Refrain from automated querying Do not send automated queries of any sort to Google's system: If you are conducting research on machine
translation, optical character recognition or other areas where access to a large amount of text is helpful, please contact us. We encourage the
use of public domain materials for these purposes and may be able to help.
+ Maintain attribution The Google "watermark" you see on each file is essential for informing people about this project and helping them find
additional materials through Google Book Search. Please do not remove it.
+ Keep it legal Whatever your use, remember that you are responsible for ensuring that what you are doing is legal. Do not assume that just
because we believe a book is in the public domain for users in the United States, that the work is also in the public domain for users in other
countries. Whether a book is still in copyright varies from country to country, and we can't offer guidance on whether any specific use of
any specific book is allowed. Please do not assume that a book's appearance in Google Book Search means it can be used in any manner
anywhere in the world. Copyright infringement liability can be quite severe.
About Google Book Search
Google's mission is to organize the world's information and to make it universally accessible and useful. Google Book Search helps readers
discover the world's books while helping authors and publishers reach new audiences. You can search through the full text of this book on the web
at http : //books . google . com/|
Digitized by VjOOQ IC
Digitized by VjOOQ IC
Digitized by VjOOQ IC
Digitized by VjOOQ IC
RUBBER COMPANIES
IN THE
NETHERLAND EAST INDIES.
Digitized by VjOOQ IC
Digitized by VjOOQ IC
RUBBER COMPANIES
IN THE
NETHERLAND EAST INDIES.
COMPILED BY
A. G. N. ^ART LL. D.
AND ISSUED BY
The Netherland Commission
FOR THE
International Rubber Exhibition^
LONDON J 911.
AMSTERDAM, J. H. de BUSSY. — 1911.
\\J^ Digitized by GoOglC
Digitized by VjOOQ IC
PREFACE.
The Netherland Commission for the International Rubber- and
Allied Trades Exhibition, London 1911, appointed by Royal decree
dated October 15, no. 50, has considered it advisable to issue a manual
in which particulars are compiled, right up to date, of the various
companies working rubber estates in the Netherland East Indian
Colonies, — companies which either plant rubber exclusively or which
at all events make rubber cultivation their main object.
Complying with the wishes of the Commission, the undersigned,
who disposed already of many such particulars, undertook to complete
them for this issue. Although the author has tried his utmost to
make this manual as complete as possible, he has had to overcome
the great difficulty of selecting which companies were to be included
and which not, a selection made the more difficult as nearly all estates
in the Netherland East Indies are nowadays so to say more or less
interested in the cultivation of rubber. Another great obstacle was
the fact, that it has been most difficult to obtain the necessary
particulars of companies of which no official reports have been published.
The author feels the more thankfuU towards the Directors of
those companies who have kindly supplied him with the particulars
necessary for this handbook.
A number of companies whose records did not arrive in time have
been collected in the Appendix.
Although many handbooks of Rubber Companies have been
lately issued, the contents of which have been thankfully utilised in
compiling the manual, it was not considered superfluous work to make
a separate guide of those companies working only in the Netherland
East Indian Colonies, by which the great development of the rubber
cultivation in these colonies could be clearly demonstrated.
In this manual the author has also tried to give a review
of the nationality of the capitals of the diflferent companies interested
in the rubber cultivation in the Netherland East Indies. It will be
readily understood that also in this case no absolute accuracy can be
arrived at, as the share capital of several Companies is held in more
than one country.
M37'1BQG Digitized by Google
VI
In case a company is considered f . i. Belgian, English etc., it must
be understood that the greater part of the capital has been taken by
the public in the relative countries.
Under the heading „ English Capital" are also entered companies
which were floated and the capital of which has been taken in Shanghai
and Hongkong, or in the Straits Settlements.
The surprising development of rubber planting in the Netherland
East Indies in the last few years shows how suitable, climatically and
otherwise, these Colonies are considered to be for this cultivation.
This favourable opinion is confirmed by the here under following
articles of Prof. Dr. P. van Bombubgh of Utrecht University, and of
Br. P. VAN DEB Stok, Director of the Royal Netherland Meteorological
Institute, at de Bilt (Utrecht).
A. G. N. SWABT,
President of
The Netherland Commission.
London^ June 1911.
Digitized by VjOOQ IC
Some Particulars touching the Suitability
OF THE
Netherland East Indies for Rubber Cultivation.
BY
Prof. Dr. P. VAN ROMBURGH.
Considering the long list of rubber producing plants, growing
wild in the Netherland East Indies — I will only refer here to the
magnificent Ficus elastica, the various elegant climbers, Willughbeias
and TJrceolas, the Dyeras (djelutung), forest giants from the low lands,
not to mention the numerous gutta-percha trees, some of which furnish
an excellent product — it is natural to suppose that not only the
native, but also other tropical rubber trees might well be equally at
home there, as all the plants above mentioned require a moist,
tropical climate.
For anyone who has had the privilege to travel in this extensive
archipelago, to admire the grandeur of the magnificent virgin forests
of Java, Sumatra, and Borneo, and to determine by experiment
the great fertility of so many estates, supposition makes place
for certaintiy. The experience of many years, indeed, thoroughly
confirms this.
It will cause some astonishment to be told that the first attempts
to plant rubber trees, at least on any large scale, in the island of
Java, date only from about 1864. Yet this is not surprising, for in
the first place the wild growing trees in the archipelago produced
abundant quantities of rubber, the prices of which were not then
particularly high, and in the second place there were numerous
other cultivations which yielded large profits in so much shorter
time that only large landowners could think of laying out plantations
of rubber trees. Naturally the choice at that time fell on the only
native tree, yielding a good product, viz. the Ficus elastica, isolated
specimens of which had indeed already been planted here and there
Digitized by
GoogI(
VIII
by the natives before this, as f. i. in the Lampong Districts (Sumatra).
Climbers were from their nature less suitable.
The first rubber producing tree, which was transferred from
America to Java, has presumably been the Manihot Glaziovii, which
under the name of Siphonia elastica was in all probability received at
the Government Botanical Gardens at Buitenzorg, about 1867. Later,
in 1878, living plants of this species were sent from the botanical
gardens at Kew to Java under their proper name.
The year 1876 has been one of great importance in the history
of rubber cultivation in the Netherland East Indies. Two new South
American kinds, the Hevea brasiliensis or Para rubber and the Castilloa
elastica were then imported. On the second especially great expectations
have been based for many years, but these have not been fulfilled. The
first named on the other hand has hardly received any attention for more
than twenty years, and it was only in the beginning of this century
that the Hevea brasiliensis has become known as the rubber tree
"par excellence".
The Hevea hrcmliensis, a native of the tropical forests of South
America, was brought in 1876 to South Eastern Asia. As is well
known, the honour of this belongs to England. The majority of the
plants grown at Kew from seed, brought by Wickham from the Amazon,
were sent to Ceylon ; some were presented to the Government Botanical
Gardens at Buitenzorg. A few of these trees are still there. From
1876 therefore, starting on a small scale, experiments have been made
to propagate this tree, and in Java at least, and likewise in Sumatra,
an opportunity was given to gather data respecting growth, etc., which
have been of great assistance, when after 1900 the cultivation was
taken in hand on a more extensive scale.
The Castilloa elastica was brought in 1875 by Cross from Panama
to England, and in the following year a few (6) small plants were
sent from Kew as a present to Buitenzorg. The results obtained
therewith were not very favourable. In 1884 the Government
Botanical Gardens received another 10 young plants from Peradeniya,
which, although growing well to maturity, never yielded any seed.
Meanwhile in 1883 Mr. Joh. Hopland of Soebang had ordered Castilloa
from London, and three years later already he was able to present to
the Government Botanical Gardens 136 young specimens, grown from
seed obtained in Java. The Castilloas cultivated in Java are undoubtedly
to the very largest extent descendants of the trees imported by
Mr. Hop LAND.
Later on African rubber producing trees were also imported (such
Digitized by
Google
IX
as Ficus Yogelii, Funtumia elastics, Landolphias, etc.), but amongst
them there were none showing remunerative results on cultivation. Of
very recent date is the importation of a couple of new Manihot
species derived from South America. The results so far obtained
with these are not very encouraging.
The above mentioned rubber producing trees make^ as some
allege, special demands on climate and soil. It seems to me that this
is not correct, and that we ought rather to say that they are capable
of thriving within very wide limits, as regards climate and conditions
of the soil. And it is an advantage which cannot be too highly appre-
ciated that these circumstances obtain to such a large extent in the
Netherland East Indian Colonies.
Let us consider therefore in the first place under what conditions
the rubber producing trees, capable of being cultivated there, will
best develop.
As mentioned above, Ficus elastica is a native both of Java and
of Sumatra. In Borneo, as far as at present known, this tree is not
found in the wild state. The territory, in which Ficus elastica is found
in Java, does not extend further east than the island of Noesa-Kem-
bangan. It is in the forests on the South-coast, especially in Banten,
but at not more than 300 meter above the sea-level, that this tree
must be looked for.
On the other hand in Sumatra it is fairly well distributed over
the whole of the island. Its appearance precisely in West Java and in
Sumatra shows that this tree will be especially at home in a damp
climate. The experience derived from its cultivation thoroughly bears
this out, and goes to prove that this forest giant grows best in low
lying lands.
Hevea hrasiliensU is a native of the northern portion of Brasdl,
of the basin of the Amazon river, where a fairly equable temperature
prevails, varying between 22® and 30° C. From August to February
very little rain falls. The tree, it appears, is found not only in the
vicinity of rivers, but also on more elevated ground. Exact, thoroughly
reliable, particulars are not easily obtainable in this respect, which is
not surprising, when the extent of the territory on which Hevea
trees are found, and the difficulties connected with the exact determi-
nation of the various sorts are taken into consideration.
For the planter however it is quite as well, if not better, to
know under what conditions Hevea will best thrive outside its native
land, and in order to get acquainted therewith he need only turn his
Digitized by
Google
gaze towards Ceylon and especially towards Malacca. There, in the
regions where Hevea is cultivated, temperature prevails which varies
between 25° and 30° C. In more elevated plantations the growth, in
Ceylon, as also in Java, is slower. It is more difficult to obtain relia-
ble particulars concerning the rainfall, as it is impossible, as some
writers are fond of doing, to draw conclusions for whole countries
from particulars obtained from one or two places. Any one, at all
acquainted with the rain distribution in tropical countries, knows, how
much the rainfall will vary at places lying comparatively close together.
It does appear however that the regions where the Hevea thrives
best, have an annual rainfall of at least 1.8 to 2 meter, whilst it is
a very favourable condition, if the rainfall is relatively equal throughout
the year without long periods of drought. Instructive in this respect
is the statement of the rainfall in Kuala Lumpur in Selangor, which
is situated in the centre of very productive rubber estates, taken by
me from a treatise of mr. Leplae:
Average Rainfall at Kuala Lumpur (1885- — 1905) in m.m. :
Jan. Febr. Mrch. Apr. May June
188 137 225 263 238 113
July
Aug.
Sept.
Oct.
Nov.
Dec.
105
175
195
288
263
238
As regards the nature of the soil in which Hevea gives good
results, this may vary considerably ; not too heavy clay and a not too
loose sandy soil appear to be the most favourable to its growth. Low
grounds, but free from stagnating water, as also hilly grounds, not
too high above the level of the sea, are suitable.
Castilloa elasticUf which has its home in tropical America, has
pretty well the same requirements as Hevea. In Panama I saw this
tree thrive magnificently on the plains at sea-level, as well as on the
hiUs, and although the climatological conditions as also the nature of
the soil much resemble those of Java, yet the tree appeared to grow
in its native soil much better than in India. Hevea brasiliensis seems
to bear its transportation to other tropical countries better than
Castilloa.
Manihot Glaziovii, the Ceara rubber, is indigenous to South
America, where, it is said, it grows especially in the dry regions
between the Paranahyba and San-Francisco rivers up to an altitude
of 1200 meters above sea-level. In Ceara, which is situated in this
zone, and from which the tree derives its name, great drought
Digitized by
Google
XI
prevails from June to December. It is indeed remarkable that in an
extremely moist and rainy place like Buitenzorg this tree grows so very
luxuriantly.
Reviewing the requirements of the diflferent rubber producing
trees as enumerated above, it is clear in the first place that tempe-
rature is an important factor. Now this in the three great islands,
which come into consideration for the cultivation of rubber producing
trees, is fairly equal throughout the year as regards places situated
on the same sea-level. At Batavia the average temperature of the year
is 26° C. (79° F.). Up to a height of 300 meters above sea-level the
temperature is more than sufficiently high for a luxuriant development
of all rubber producing trees. It is possible even, as the experience
in Java has shown, to go higher than this with safety, and Ficus
elastica, Manihot Glaziovii and Castilloa elastica still grow very well
at 600 meters above sea-level. Hevea brasiliensis shows at this
elevation, especially in its youth, a slower growth, but still gives good
results at least in various regions of Java.
The absolute humidity of the air in the Netherland East Indies is
generally a high one. The rainfall, with the exception of some regions in
Central and East Java, is nearly everywhere more than sufficient for all
the trees mentioned, and the distribution of rain throughout the year,
as shown by the rain observations (at abt. 300 stations), issued by the
Royal Magnetical and Metereological Observatory at Batavia, i^ in
many extensive regions in Java, Sumatra and Borneo, such that in
this respect the cultivation of rubber has the most favourable prospects
of success. Sumatra especially, as far as climate is concerned, is the
land of promise for this cultivation, whilst West Java and different
portions of East Java likewise offer favourable conditions i).
As regards fertility, Sumatra propably stands foremost, as it
abounds in virgin forests. Vulcanic (andesite), alluvial and diluvial
grounds of great fertility are found in Sumatra, and as these are
situated in the zone, the climate of which is also suitable for rubber
cultivation, it is not surprising that in this island especially rubber
estates on a large scale have been laid out on all sides.
In Java, with its centuries old cultivation and its dense population,
the lower grounds are for the greater part taken up by rice fields,
but on vulcanic ground, both in Banten}and in the Preanger Regencies
^) Dr. J. P. VAN DEE Stok has at my request been good enough to draw up the
following notes on the climate of the three great islands of the Netherland Archipelago.
Digitized by
Google
XII
as well as ia the Eastern part muoh land is found, suitable for
rubber cultivation.
In Borneo also, as experience has already shown, much fertile
land suitable for rubber cultivation, is met with.
If therefore we arrive at the conclusion, that the suitability of
the three great islands of the Netherland East Indies for rubber
cultivation is not only beyond all doubt, but may be described as
excellent, another, not less important, side of the problem may well
for a moment claim our attention, viz. the question of labour. In
many parts of the so densely populated island of Java, which numbers
about 30 million inhabitants, there is of course no lack of labourers.
Yet, strange to say, but in reality quite true, in some regions, in
which rubber cultivation has lately been started, labourers are not
easily obtainable. The reason of this is, that the natives of Java are
very much attached to the district in which they are bom, and, unless
absolutely forced, are not easily persuaded to move, especially to
distant places or to recently started undertakings, where conditions
of health are in the beginning more or less unfavourable.
In Sumatra and Borneo on the contrary, both sparsely populated,
recourse has to be had to imported labour, so called contract coolies,
Chinese or Javanese. The authorities exercise a strict control over
the emigration from Java, whilst in addition the Government keeps a
watchfull eye on the treatment of the contract labourers by their
masters, so much so, that interested parties have lately been asking,
whether this control is not somewhat exaggerated. The object in view,
whilst properly safeguarding the coolies, should be to promote emigration
as much as possible in order that the cultivation of rubber producing
trees, which has made such great strives within the last few years,
may not only be properly maintained but may be effectually developed,
which cannot fail to contribute to the growing prosperity of the
colonies. A policy of hesitation will cause material injury to all concerned.
Digitized by VjOOQ IC
The Climate of the Islands
IJJ THE
Netherland Indian Archipelas:o.
BY
Dr. J. P. VAN DER STOK.
The climate of the islands in the Netherland Indian Archipelago
is, as is well known, entirely governed by the two monsoons ; but the
manner in which these act in the three principal islands, Java,
Sumatra, and Borneo, is less generally known. A description of the
conditions, prevailing in July and January, is sufficient to show the
characteristic properties of these monsoons.
In July, when it is summer in Asia, and winterin Australia, the
position of the barometer is low (748 m.m.) above British India, high
{764 m.m.) above Australia. From all sides the air rushes towards
the region of low pressure and causes a strong S. W. monsoon in
the Arabian Sea and the Bay of Bengal, and these S. W. and W.
winds are still felt with great force on the coasts of Acheen.
The Northern point of Sumatra therefore belongs, dimatologically,
more to Asia than to Australia.
At Lat. 10® S. the S. E. trade wind then prevails in the Indian
Ocean, its S. E. wind partly abating at the equator by being drawn
off in a vertical direction partly curving round under the influence
of the suction over Asia, and so gradually merges into the S. W.
monsoon in the Arabian Sea.
In Australia the pressure is then a high one, and although the
S. E. trade wind does not blow over this continent, yet S. E. winds
come from Australia, sothat Java experiences S. E. winds quite as
much as if it were situated in the region of the trade winds.
The south point of Sumatra also experiences this S. E. wind, and
the monsoons at Sumatra's North and South coasts are therefore
nearly opposed to each other. It follows from this, that the whole of
Digitized by
Google
XIV
the West-ooast of Sumatra forms a transitional region where a really
active monsoon does not exist.
For a distance of 1000 k.m. from the shore uncertain winds are
met with, these forming a kind of whirl. Similar whirls or uncertain
winds are also found near the West-coast of Australia and the
West of the Cape. A solid shore — and as such the coast line of
Western Australia continued along the West coast of Sumatra may
be considered — prevents the formation of regular winds.
In the rainfall also little or nothing is noticeable of any monsoon
influence along the West-coast of Sumatra; the rainfall is always and
everywhere a heavy one (at Fadang 4500 m.m. annually), at Meulaboh
still 4000 m.m., but at Kotta Badjah, under the influence of the
Asiatic monsoon, much less (Kotta Radjah 1700, Lho' Seumawe
1500 m.m.).
It has already been observed that the barometer must fall in
July over the whole of India from South to North ; in Fadang at this
season it is about 1 m.m. higher than on the East-coast of Sumatra:
a tendency will therefore continually exist to equalize the pressure
which in a straight line can only take place by a North by North
Easterly air current across the Batak mountains to the Deli plains.
As a rule this difference in pressure is insufficient to set this
current in motion, but apparently only a slight increase is requirerd
to cause this phenomenon, f.i. an increase in pressure at Fadang or
a diminished pressure above Malacca, perhaps also the appearance of
cyclones in the Northern part of the China Sea.
When air is thus forced to cross a mountain range, it gradually
cools in rising, loses vapour in the form of rain, whereby warmth is
continually released, and reaches the top in a dry state; ontheleeside
of the mountain a current of air then descends, which is continually
becoming warmer and dryer.
This process, which takes place in a very strong degree in the
Nw E. Swiss alps, is there called " Fohnwind ", but it only occurs when
the conditions are favourable.
On the East-coast of Sumatra such a *^ Fohnwind " is experienced
from time to time and principally in the months of June, July and
August, although in a moderate form, known as the dry and warm
" Bohorok "-wind.
In Java also, such phonomena are not rare ; where, at this season,
the S. E. wind must traverse a mountain range, it will be accom-
panied by a heavy rainfall on the weatherside'and a dry "Fohnwind"
on the leeside, and as the air has to. force its way through a com-
Digitized by
Google
XV
paratively narrow pass, hard local winds will arise of a more or less
pronounced Fdhnish character.
The " Gendeng " and " Grongong " winds at Pasoeroean and Probolingo
may be explained in this way as also the fact that the East monsoon
in the South of Java, where the mountain slope commences close to
the coast, f . i. Tjilatjap, is not at all dry, but is accompanied by heavy
rainfall. Where, as at Pobgbb (Dj ember division) a plain of conside-
rable extent interposes between the coast and the central mountains,
there on Java's South-coast the East monsoon is also a dry one.
The S. E. monsoon which blows across Java and the Eastern
portion of the Archipelago, has for the greater part its origin in
Australia, noticeable from the large percentage of dust, the cause of
the great haziness of the atmosphere at this season ; clear starry skies
are hardly ever seen during the East monsoon, and then only after
rainfall, and even high and not very distant mountains then become
invisible.
Another characteristic feature of air motion is that it follows by
preference the sea roads, where much less friction is encountered
than on land; this is clearly noticeable in the Bali Straits and the
other Straits between the small Sunda islands, which are all thorough
draughtholes.
It follows that the S. E. monsoon in the Java Sea generally
appears as an East monsoon and that in the Karimata Straits, the
South China Sea, and the Straits of Macassar, the wind, always follow-
ing the waterway, becomes a South monsoon.
The monsoon therefore cannot spread itself over a great area like
Borneo, and moreover, when the air particles get near the equator, a
further rise of air takes place, accompanied by rainfall, causing the
wind to become continually weaker. In Borneo, indeed, at the equator
little can be perceived of any influence of a monsoon on the rainfall.
At Banjermassin (2437 m.M.), July, August and September are still
dry months, but at Sintang the rainfall is much heavier (3625 m.M.),
and there is practically no rain monsoon. The smallest rainfall (2320)
has been observed at Balik Papan on the S. E. coast of Borneo.
To this short sketch of the East monsoon and its peculiarities,
we may, now that the distinguishing features of the general movements
of the air have been mentioned, add a shorter sketch of the West
monsoon.
In January the pressure is high in Asia (780 m.m.), low in
Australia (757 m..m), the diflference is much greater than in July, and
Digitized by
Google
XVI
the features reversed. Now Asia blows out and causes N. E. monsoon
in the Arabian Sea and the Bay of Bengal; in the Northern part of
the China Sea, as also in Acheen, N. E. and E. winds will prevail,
whilst in South Sumatra and Java on the other hand strong W. winds
will be experienced as a continuation of the British Indian monsoon
current which curved again at the equator and came under the in-
fluence of the suction from Australia.
Again the monsoons in Acheen and South Sumatra have reversed
their features and on the West-coast of Sumatra conditions remain
uncertain and changeable with heavy rainfall. In Java the largest
rainfall is now experienced on the N. and N. W. side of the mountains
and mountain ranges, whilst the South-coast, the leeside, will be
comparatively dry. The heaviest rainfall, which has been observed in
Java, is experienced at Soemberredjo (N. E. slope of the Willis), where
an average rainfall of 5681 m. m. is found, whilst in 1900 the rainfall
was as high as 9100 m. m.. From Dr. van Bemmelen's great work
„0n the Rainfall of Java" (1908), it appears that the rainfall in
general is of a changeable and turbulent character, and the conditions
as outlined above, although they may be taken as generally correct,
may as a rule in certain months and years be subject to important
and not always easily explainable deviations.
The "Bohorok" winds on the East-coast of Sumatra cannot now
originate, as the difference in pressure is reversed, and is higher in
Deli than in Padang.
In the South China Sea and the Straits of Macassar the wind
again follows the waterway of least friction, as North wind, and becomes
a West wind in the Java Sea; but in Central Borneo very little of
this is perceptable, and even on the plateaux of Java the West monsoon
is very much lighter than on the North-coast, the rainfall on these
plateaux being also less heavy, as the air has already lost a good deal
of its vapour in the form of rain. A clear atmosphere and starry sky
with a brilliant perspective of even remote mountains characterize the
West monsoon as soon as the heavy clouds disappear.
We have now described in general outline the two mousoons, in
so far as this is possible in a short article; it follows from thia
description that in the intermediate months uncertain and light winds
prevail everywhere, and that the heat (in all months about the same
and tempered only by clouds and rainfall) is then the hardest to bear.
The feeling of heat as an oppressive burden, does not, in fact,
depend so much on the temperature as on the motion of the atmosphere.
Digitized by
Google
XVII
A high temperature of 36°, such as was once observed at Batavia in
1877, is hardly noticeable at midday when the seawind blows well
through; but in the evening, when the wind dies down and before
the landwind penetrates, a feeling of oppression and suffocation will
come over you, because the loss of heat through the skin is now very
small, and you are and remain therefore in a moist atmosphere of your
own; the rocking chair and fan can only mitigate this evil in a
small degree. The temperature of the air however never reaches a very
great height in any part of this Archipelago where a true sea climate
prevails, little or at all higher than the highest temperature observed
in the Netherlands, viz. 34°, lower than is often experienced in New-
York or Vienna, and much lower than in Australia; this maximum
is observed on the coast as well as on the mountains, but as the
average temperature falls about 6° with every kilometer difference in
height, the lowest temperature in elevater regions will be considerably
lower.
As a peculiarity of the Indian climate on the coasts, mention
may also be made in conclusion of the extraordinary force of the
land and sea wind, local monsoons on a small scale with a period of
24 hours. Whilst in Holland this phenomenon is hardly noticeable,
and the daily variation of the wind at Utrecht is even greater than
at Helder, in India, where the difference in heat radiation and
absorption between land and water is very marked, it is always and
everywhere clearly perceptible, and where the mountainous regions
reach close to the coast, the wind descending from them blows
through at nightfall in strong but short blasts like a sudden gust, well
known f . i. at Padang ; on level coasts the seawind is by far the strongest.
Digitized by VjOOQ IC
Digitized by VjOOQ IC
RUBBER COMPANIES.
Digitized by VjOOQ IC
Digitized by VjOOQ IC
AENGSONO GAVA) RUBBER PLANTATIONS, LIMITED.
Founded: November 1909.
Capital: £30,000.— in £1.— shares.
Issued : £ 25,000.— (2500 vendor shares, fully paid, and 22,500 shares
on which 12 s. 6 d. has been paid.
Purchase Price: £7300.—, (£2500 in fully paid shares and £ 4800.—
in cash.)
Directors : G. B. Owen, J. F. Anderson, D. G. A. Reid, and J. H. Moore.
Secretaries and Offices: Burt & Co., 41 Eastcheap, London, E.C.
Estates: Aengsono I and II, two adjoining plots.
Total Area: 873 bouws = 1526 acres.
Situation : East Java, district of Tangoel, division of Bjember, residency
of Besoeki. The estates are connected by a cart road of about
7 miles with the Djatiroto railway station.
Tenure : The lands are held under leases, dated September 1899, direct from
the Netherland Indian Government for a term of 75 years, at
an annual rental of /2.50 per bouw (about 2/6 per acre).
Cultivation: 192 acres were planted with Para Rubber and Robusta
Coffee in 1908/9.
132 „ „ „ „ „ Rubber and Robusta
Coffee in 1909.
350 „ „ „ „ „ Rubber and Robusta
Coffee in 1910.
350 „ are to be planted with Para Rubber and Robusta
Coffee in 1911.
1024 acres to be under cultivation by the end of 1911.
Production : The estimated returns from coffee are given in the Prospectus
as follows: —
1911 700 piculs.
1912 1200 „
1913 ...... 3700 „
The Rubber is expected to come into bearing in 1914.
General Information: This company is a conversion into a sterling
company of the "Landbouw Maatschappij Aengsono," i*egistered
in Java in 1908, with a capital of / 36,000.— , in 36 shares
of /1 000. — each, which were all acquired by the new
company. In order to meet the requirements of Dutch law,
the estates will continue to be held in the name of the Dutch
Company.
Financial year ends 31st December.
Digitized by VjOOQ IC
ALGEMEENE BELGISCH-JAVASCHE CULTUUR
MAATSCHAPPIJ.
Founded: November 1905.
Capital: / 2,500,000.— in shares of /lOO.— each (and 12,500 profit
shares).
Issued: / 2,500,000.— .
Purchase Price : about / 340,000. — (costs of transfer included).
Members of the Board: Leon Fuchs (Chairman), A. Bernard, Paul
Buffet, R. de Matharel, Robert de Decker, and K. E. Veltman.
Manager & Offices: Gaston de Decker, Antwerp, 21/23 Longue Rue
Neuve.
Registered Office: Amsterdam, 197 Heerengracht.
Estates: Kiara Fajoeng (Tjikendi I, II, Tjipinang I — III), Tjempacca
Moelia I — III, Tjitamboer I — V, Leuweung Datar I — IV,
Tjikidang I and II, Tjibolang I and II (Vlaanderen I— VII)
and Rantjabolang I and II.
Total Area: 8834 bouws = about 15,500 acres.
Situation: Java, divisions of Bandoeng and Tjiandjoer of the residency
" Preanger Regentschappen."
Elevation varies from 800 to 3200 feet above sea-level.
Tenure : The lands are held under leases, dated between February 1905
and November 1907, direct from the Netherland Indian Govern-
ment for a term of 75 years, at an annual rental varying from
/I. — to /2. — per bouw.
Cultivation: At the end of 1909 about 832 bouws were planted with
Para Rubber viz: —
4201/4 bouws, planted 1906-7
247 „ „ 1907-8
1641/2 „ „ 1908-9
831«/4 bouws (601,476 Hevea trees),
interplanted with approximately 300,000 coca trees.
There are also 28,817 Ficus trees.
The Tea-plantations comprise: —
5548/4 bouws, planted 1906-7
3923/4 „ „ 1908
300 „ „ 1909
196V, » « 1910
1444 bouws under tea.
Digitized by VjOOQ IC
Production: — Coca Tea Rubber
lbs. lbs. lbs.
1908 33,000 1,643 —
1909 60,563 48,097 -
1910 48,731 244,390 4,000
1911 (estim.) 25,000 600,000 22,000
1912 „ — 950,000 100,000
1913 „ — 1,300,000 220,000
The output of rubber in 1911 was: —
Up to the end of April 8,000 lbs.
May 3,300 f,,
11,300 lbs.
General Information: The allotment of profits has to take place
follows : —
5 pCt. to reserve fund.
5 „ on the paid-up capital to shareholders.
5 „ to the Manager in Java.
10 „ to the Board.
2 „ at the disposal of the Board.
The remainder will be divided as follows: —
50 pCt. to shareholders.
50 „ to holders of profit shares.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
ALGEMEENE CULTUUR MAATSCHAPPIJ.
Founded: September 1905.
Capital: / 500,000.— in shares of /lOOO.— each.
Issued: / 284,000.— , of which / 30,000.— were issued in January 1910
at 30 pCt. premium.
Debentures: / 100,000. — six per cent Debentures were issued in
January 1910, in bonds of / 100. — each, which will be redeemed
in 1920. The Company is entitled to release the bonds by
drawings, not exceeding /1 0,000. — per annum.
Directors: A. Kamerling Onnes (chairman). Dr. J. G. C. Vriens,
G. W. H. G. baron van der Feltz, and J. J. de Heer.
Offices: Medan (Sumatra).
Estates : Gallia, Damar Gloegoer Kiri, Soengei Parankoea and Bah Samat.
Total Area: 2450 acres.
Situation: East Coast of Sumatra, district of Upper-Serdang, distant
about 6 miles from the railway station and post-office Bangoen
Poerba.
Elevation varies from 450 to 500 feet above sea-level.
Tenure: The land is held under lease from the Sultan of Serdang,
confirmed by the Netherland Indian Government, expiring
7th September 1965. The annual rental amounts to /I. —
per bouw (equal to about IP/g d. per acre).
Cultivation: At the end of December 1910 the plantations comprised
approximately : —
60 Hevea trees planted in 1901
3,000 „ „ „ „ 1905
5,000 „ „ „ „ 1908
31,412 „ „ „ „ 1909
90,173 „ „ „ „ 1910
129,645 Hevea trees
53,933 Ficus „
140,000 Liberia Coffee bushes
150,000 Robusta „ „
9,056 Cocoanut trees,
making together a planted area of about 1200 acres.
General Information: The allotment of profits has to take as follows: —
10 pet. to a reserve fund
10 „ to the Managing Directors
10 „ to the other Directors,
and the balance to shareholders.
Financial year ends 30th June.
Annual Report issued about August.
Digitized by VjOOQ IC
RUBBER MAATSCHAPPIJ AMBALOETOE.
Founded: December 1909.
Capital: / 1,500,000.— in shares of /lOOO.— .
Issued: / 750,000.— .
Purchase Price: / 350,000.— in fully paid shares.
Directors: D. J. Stronck (Managing), Jonkheer H. W. van Asch van
Wijck, Jonkheer L. den Beer Poortugael, and A. J. van
Maasdijk.
Registered Office: The Hague.
Estate: Soengei Ambaloetoe.
Area: 3500 bouws = 6150 acres.
Situation : East-Coast of Sumatra, district of Asahan, about 28 miles
from the port and post-office of Tandjong Balei.
Tenure: The estate is held under lease, dated October 1901, from the
Sultan of Asahan, approved by the Dutch Government, for
a term of 75 years at an annual rental of / 1. — per bouw
(IIV2 d. per acre).
Cultivation: The area under rubber is 230 acres, planted in 1910 with
25,000 Hevea trees. It was proposed to plant during the next
two years an additional 150,000 Hevea trees.
The nurseries contained at the end of 1910 about 60,000
Hevea stumps, for the greater part one year old, and 20,000
Hevea plants 2 months old.
General Information: The allotment of profits has to take place as
follows : —
6 pCt. on the paid-up capital to shareholders.
From 10 to 50 pCt. (from the remainder) to reservefund.
'■' 10 pCt» to Managmg Director.
10 „ to other Directors of the Board together.
Remainder to shareholders.
Financial year ends 31st December.
Annual Report issued about August.
Digitized by VjOOQ IC
6
RUBBER CULTUUR MAATSCHAPPIJ "AMSTERDAM."
Founded: December 1907.
Capital: / 5,000,000.— in shares of /lOOO.— (and 100 profit shares).
Issued: / 2,400,000.— .
Purchase Price: For the estates in Java:
/ 290,000.— in fully paid shares (and 100 profit shares).
„ 275,000.— in cash.
„ 100,000. — 5 pCt. Debenture Bonds (These Debenture Bonds
were paid oflf in Oct. 1910).
For the estates in Sumatra:
„ 807,500.— in cash.
„ 95,000. — „ „ (Soengei Koekoes).
Directors: P. van Leeuwen Boomkamp (Managing), Th. 0. Dentz,
P. J. J. Jonas van 's Heer Arendskerke, D. van Lankeren
Matthes, and O. Stork.
Registered Office: Amsterdam.
Estates :
In Java: —
Soember Tjenkir North 379 bouws
„ „ South 102 „
Kali Waroe I and II 238 „
Kali Liprak I and II 289 „
Karang Arom .... 504 „
Soember Patje .... 373 „
Kalie Soeko .... . 880 „
Total . . 2765 bouws (one plot).
In Sumatra: —
Soengei Karang . . 703 bouws \
Meroemboen . • • • 840 „ r One plot
Heinidale 500 „ (inSerdang.
Soengei Galang Barat 387 „ )
Liberia 593 „ Bedagei
Paya Niboeng . . . 1,716 „ „
Soengei Koekoes . . 2,000 „ Batoe Bahra
6,739 bouws
Total Area: 9,504 bouws (about 16,640 acres) in Java and Sumatra.
Situation : About 3 miles from the railway station at Tanggoel, district
of Tanggoel, division of Djember, residency of Besoeki, in Java ;
and districts of Serdang and Bedagei in Sumatra.
Elevation above the level of the sea, varies from 300 to 900 feet in
Java, and from 120 to 200 feet in Sumatra.
Digitized by
Google
Tenure: The estates are all held on leases granted by the Netherland
Indian Government and the Sultan o£ Serdang, for a term of
75 years, renewable after expiration.
The annual rental varies from /3. — to /3.60 per bouw
for the Java-estates, and is / 1. — per bouw for the Sumatra-estates.
Cultivation: At the end of December 1910 about 6500 acres were
planted with about 1,000,000 Hevea trees and more than
3,000,000 Kobusta and Liberia coffee trees. According to a
recently published statement the Hevea trees wiU be for the
greater part in bearing in 1915. For the rest the position of
the plantations is as follows: —
Hevea trees will be tappable: —
In 1910 about 28,000 Heveas
„ 1911 „ 73,000
„ 1912 „ 257,000
„ 1913 „ 431,000
„ 1914 „ 552,000
Hobusta coffee trees will be in bearing: —
In 1910 about 220,000 trees
„ 1911 „ 900,000 „
„ 1912 „ 1,100,000 „
„ 1913 „ 2,100,000 „
„ 1914 „ 2,100,000 „
Liberia coffee trees will be in bearing: —
In 1910 about 258,000 trees
„ 1911 „ 268,000 „
„ 1912 „ 295,000 „
„ 1913 „ 295,000 „
„ 1914 „ 295,000 „
Production : Tapping of the Rubber trees commenced in January 1910
The production was: —
1910 1911
half Kilos half Kilos
January — 4820
February 800 4870
March 1270 5230
April 1225 5100
May 1670 5700
June 2660 —
July 2825 —
August 2565 -
September 2850 -
October 3800 —
November 5050 —
December 5155 —
29,870 (32,970 lbs.).
Digitized by VjOOQ IC
The estimated production of Rubber for 1911 is 110,000 lbs.
In 1910 about 579,000 lbs. o£ coffee and 33,000 lbs. of Cacao
were harvested. The 1911 coffee crop up to May amounted to
3076 piculs (410,030 lbs.).
General laformation : The allotment of profits (eventually after deduc-
tion of 20 pCt. at the utmost for addition to the reservefund)
has to take place as follows: —
5 pCt. on the paid-up capital to shareholders.
From the remainder: —
10 „ to Managing Director.
10 „ to othei^ Directors together.
10 „ to holders of profit-shares.
70 „ to shareholders.
At the 31st December 1910 the reservefund consisted of
/ 349,535. — , derived from premiums on shares issued.
Financial year ends 31st December.
Annual Report issued about June
Digitized by
Google
9
AMSTERDAM JAVA RUBBER COMPAGNIE.
Founded: October 1909.
Capital: / 600,000.- in shares of /lOOO.— each.
Issued: / 600,000.— (/278,000.— to the public,/ 322,000.— to vendors.)
Purchase Price: / 322,000.— in fully paid shares.
Directors: K. H. H. van Bennekom (Managing), J. H. Bergsma, J-
J. W. van Bennekom, Jonkheer L. den Beer Poortugael, and
H. M. Pantekoek.
Registered Office: The Hague.
Estates: Goenoeng Handjoewang, Pasir Erang, Tanahresmi, 3 adjoining
plots together known as "Soeka Karet."
Total Area: 1800 acres.
Situation: Java, district of Djampang Koelon, division of Soekaboemi,
residency "Preanger Begentschappen,'' distant about 16 miles
from the railway-station and post-office of Tjibadak, and 16 miles
from the port of Pelaboean Ratoe.
Elevation varies from 500 to 1000 feet above sea-level.
Tenure : The estates are held under leases granted respectively in 1899,
1902 and 1907, by the Netherland Indian Government for a
term of 75 years. The total annual rental amounts to /I lOO. — .
Cultivation: In October 1909, when the estates were taken over, the
plantations consisted of:
10,000 Ficus trees abt. 6 years old
20,000 „ „ 5 „ „
20,000 „ „ 4 „ „
80,000 „ „ 3 „ „
30,000 „ below the age of 3 years.
160,000 Ficus trees.
Up to Slst July 1910 there were planted in addition 69,437
Hevea trees and 19,218 Ficus trees, making a total number
of 250,000 Rubber trees at that date. It was proposed to plant
a further 50,000 Manihot trees, and to interplant the rubber
with Bobusta coffee and coca.
Production; The Prospectus estimated the production: —
for 1910 at 8,000 Kilos for 1914 at 140,000 Kilos
„ 1911 „ 36,000 „ „ 1915 „ 180,000 „
„ 1912 „ 84,000 „ „ 1916 „ 240,000 „
„ 1913 „ 120,000 „ „ 1917 „ 312,000 „
Owing to bad weather about 120 Kilos only were harvested
in 1910.
Digitized by VjOOQ IC
10
General Information: The allotment o£ profits has to take plaoe as
follows : —
6 pCt. on the paid-up capital to shareholders; from the remainder
10 „ will be added to a reservef und, until this has reached an
amount equal to half the capital stock ; after deduction
of this there will be distributed:
10 „ to the Managing Director,
10 „ to the other Directors together,
80 „ to shareholders.
Financial year ends 31 December.
Annual Report issued about July.
Digitized by VjOOQ IC
11
AMSTERDAM TAPANOELI
RUBBER CULTUUR MAATSCHAPPIJ.
Founded: April 1910.
Capital: / 1,000,000.— in shares of /lOOO.— each (and 5000 profit
shares).
Issued: / 600,000.— .
Purchase Price: / 250,000.— in fully paid shares, and 5000 profit
shares.
Directors: H. Lamsvelt (Manacling), Dr. A. H. Berkhout, J. Everts
B.Hzn., L. D. Oldigs, H. A. van den Wall Bake and H. P.
de Wilde.
Registered Office: Amsterdam.
Office of Managing Directors : Arnhem, Nieuwe Flein 5.
Estate: Si Gala Gala.
Area: 1606 bouws = 2810 acres.
Situation: Westcoast of Sumatra, district of Koeria Marantjar, sub-
division of Angkola and Sipirok, division of Fadang Sidempoean,
residency of Tapanoeli, at a distance of about 37 miles from
the port of Siboga, with which the estate is connected by
government cart road.
Elevation: 300 feet above sea-level.
Tenure: The land is held under lease, dated August 1908, from the
Netherland Indian Government for a term of 75 years, at an
annual rental of /I. — per bouw (abt. 11^2^. per acre).
Cultivation: At 31st December 1910 an area of 206 bouws (350 acres)
was under Rubber with: —
22,093 Hevea trees, planted 1909-10
19,258 „ „ , „ 1910
3,247 Ficus „ , „ 1909-10
1,375 „ „ , „ 1910
45,973 Rubber trees, interplanted
with 47,083 Ruhusta Coffee trees.
The Rubber trees are planted at a distance of 18 by 18 feet.
It was intended to plant in addition: —
350 acres in 1911
350 „ „ 1912
150 „ „ 1913,
making a total area of about 1200 acres under cultivation by
the end of 1913.
Digitized by VjOOQ IC
12
Production: The prospectus estimates the
production as follows: —
Coffee.
Rubber.
(picols).
(lbs.)
1912 .... 800
1913 .... 2800
—
1914 .... 5200
1915 .... 7600
11,000
1916 .... 9200
37,500
• 1917 .... 9600
73,000
General Information: The allotinent of profits has to take place as
follows : —
10 pCt. to reservefund, until this has reached 25 pCt. of the
paid-up capital.
From the remainder: —
6 „ on the paid-up capital to shareholders.
And from the balance:
to Managing Director and Superintendent together,
to other Directors together,
to profitshares.
to shareholders.
Financial year ends 31st December.
Annual Report issued about June.
10
9t
10
99
20
»»
60
W
Digitized by VjOOQ IC
13
ANGLO DUTCH JAVA PLANTATIONS, LIMITED.
Founded: April 1910.
Capital: £200,000.— (/ 2,400,000.— ).
Managing Directors: Graig k Co., Shanghai.
Members of the Board : Mr. Hardoon, Mr. Stempel, Mr. Ellinger, and
Mr. Morrust.
Registered Office: Shanghai.
Estates: Goenoengsari, Goenoengsari A, Soember Loreng, Soember Fa-
loeng, and Wonoredjo A, one plot of 1215 bouws known as
"Goenoengsari" estate, and Wonoredjo, Wonoredjo Kidoel,
Soember Faloeng A, and Fantjoer Sarie, one plot of 695 bouws,
known as " Fengoeloeran "-estate.
Total Area: 1910 bouws » 3350 acres.
Situation: East-Java, residency of Fasoeroean, division of Malang,
district of Toeren, distant about 8 miles from the tramway-
station at Talok.
Elevation above the level of the sea averages 1800 feet for the estate
Goenoengsari c.a., and varies from 900 to 1500 feet for the
estate Fengoeloeran c.a.
Tenure: The lands are held under 75 years' leases direct from the
Netherland Indian Government, granted between the years 1880
and 1903, at an annual rental of /6. — per bouw.
Cultivation: In 1906 the whole area of the estates was already under
cultivation with Java Coffee, Liberia Coffee and Fepper. Since
the Java and Liberia trees have been partly uprooted and
replaced by Bobusta Coffee trees.
The present plantations consist of approximatley : —
360,000 Hevea trees, planted 1909-10.
6,000 Ficus „ , „ before 1906.
25,000 „ „ , „ in 1909-10.
10,000 Ceara „ , „ „ 1909-10.
Total 401,000 Rubber trees.
80,000 Robusta Coffee trees, planted 1906-7.
820,000 „ „ „ „ 1908.
250,000 „ „ „ „ 1909.
1,150,000 Robusta Coffee trees, and
400,000 grafts of Hybride Coffee, besides the remaining old
plantations of Java and Liberia Coffee, and Fepper ranks.
Digitized by VjOOQ IC
u
Production: The crop for 1911 is estimated at:—
30 piculs (4000 lbs.) of Ficus Rubber, and
4000 „ of Coffee.
General Information: In order to comply with the Dutch law, the
estates are vested in a Dutch Company, The Goenoengsari,
Pengoeloeran Estates, Ltd., registered in Sourabaya in June
1910, with a capital of / 1,600,000.— in shares of / 1,000.— ,
the whole of which was acquired by the present Company.
Financial year ends 30th June.
Digitized by VjOOQ IC
15
ANGLO DUTCH PLANTATIONS OF JAVA, LIMITED.
Founded: April 1910.
Capital: £1,500,000.— in £1.— shares.
Issued: 1,100,000 shares fully paid.
Purchase Price : £ 736,000. — , and the right to the vendors to subscribe
at par for 200,000 unissued shares during three years.
Directors: Hon. C. H. Strutt, E. J. Hammond, O. C. Magniac, Col-
K. Williams, and C. A. Koning.
Secretaries and Offices: Peek Bros. & Winch, Ltd., 20 Eastcheap'
London, E.G.
Estates: Pamanoekan- and Tjiassemlanden.
Total Area: 300,000 bouws = 525,000 acres.
Situation: Western Java, residency of Batavia, bounded on the North
by the Java Sea, having a seaboard of about 30 miles, on the
East by the boundary of the residency of Cheribon, on the
South by the boundary of the residency of the " Preanger Regent-
schappen," and on the West for the greater part by the river
Tjilimaja. The connection by land is maintained by several
roads, and the communication by sea is by the shipping-place
of Pamanoekan, where the produce destined for sale in Java
is shipped by the Company's own fleet of sailing barges to
Batavia ; and in the roadsteads outside the steamers of the Royal
Dutch Mail regularly call for the produce for sale in Europe.
Elevation: The land rises from the sea to the range of mountains in
the South, the highest point of which is about 7000 feet.
Tenure: The estates are freehold property. The ownership carries with
it certain Sovereign rights, amongst which the so-called " Heeren-
diensten."
Population: At the 31st December 1909 the population numbered
211,724 souls.
Cultivation: The cultivated area is about 95,000 acres, as follows: —
1,073 acres of Rubber (Hevea)
1,137 „ „ „ (Ficus)
44 „ „ „ (Castilloa)
2,254 acres of Rubber
82,000 „ „ Rice
7,261 „ „ Coffee
1,653 „ „ Tea
1,603 „ „ Cinchona
80 „ „ Pepper (interplanted)
Digitized by VjOOQ IC
16
It is
also estimated that there
are at least 20,000 acres of
teak on
the property.
The age o£ the Rubber on
16th
April
1910 is given: —
Hevea
Ficus
25 years
old 148 trees
46 years old 10,000 trees
5 .,
„ 31,620 „
18
f>
, 2,500
»
4 „
,. 13.970 „
11
»
„ 2,250
«
3 „
., 15,350 „
6
»
„ 56,760
n
2 „
„ 17,002 „
5
>»
„ 8,247
»
1 „
„ 1,680 „
4
»
„ 4,375
»
•
3
»
, 13,505
»
2
»
„ 2.507
100,144 i
91
79,770 trees
krees
Total number of Rubber trees (excluding Castilloa) is 179,914
trees.
It is intended to plant in 1911 further: —
3200 acres of Rubber and Robusta Coffee
400 „ „ „ Tea
400 „ „ „ Cinchona.
It was also proposed to take up the cultivation of sugar and
tobacco and, according to the latest reports, a sugar factory
will be erected on the estates shortly.
Production: Besides the revenues from Rice (annual production about
50,000,000 lbs.) and Teak, the 1910 crop was:—
24,919 lbs. of Rubber
807,100 „ „ Tea
6,748 cwts. „ Coffee.
788,172 lbs. „ Quinine,
and the estimate for 1911 is: —
50,800 lbs. of Rubber
856,000 „ „ Tea
7,820 cwts. „ Coffee
885,000 lbs. „ Cinchona.
General Information: In order to meet the requirements of Dutch
law, the estates continue to be held in the name of the former
owner, " Maatschappij ter Exploitatie der Pamanoekan- en
Tjiassemlanden," registered in Java in 1886, with an issued
capital of / 5,200,000.— , in shares of /lOOO.— each, the whole
of which was acquired by the new Company.
Digitized by VjOOQ IC
17
ANGLO JAVA RUBBER AND PRODUCE COMPANY, LIMITID.
Founded: February 1910.
Capital: £500,000.— in £ 1.— shares, and £100,000.— 7 pCt. con-
vertible debentures.
Issued: £400,000. — , fully paid. There are also issued, in April 1911,
£ 85,000. — 7 pCt. first mortgage convertible debentures, part
of an authorised issue of £ 100,000. — like debentures, in
debentures of £ 50.—, £ 100.—, and £ 500. — each, of which
25 pCt. paid up, 25 pCt. payable on June 30th, 25 pCt. on
September SOth, and 25 pCt. on December 30th 1911.
Purchase Price : £ 265,000.— in cash.
Directors: J. Anderson, R. E. Bunge, T. Carritb, J. W. Lintner,
F. A. C. J. Mohr, T. W. Simpson, and H. F. Mitchell.
Secretary and Offices : Lintner k Co., Limited, 18 Leadenhall Street,
London, E.C.
Trustees for debenture-holders: The British North Borneo Rubber
Trust, Limited, 104 Winchester House, Old Broad Street,
London, E.C.
Estates: — Malang Estates. District. Acres.
Soember Soeko Tangkep Toeren 2,732
Soember Tempoer Redjo „ 2,676
Poerbojo Gond. Legi 1,278
Soember Ferkoel „ „ 1,857
Sonowangie Toeren 689
Soember Rowo Tempeh 1,249
Soember Doeren Toeren 1,888
12,369
Poeger Estates.
Kali Sanen Kidoel Poeger 11,343
Goenoeng Mandilis „ 1,415
Tjohra Gentong Mayang 4,990
17,748
Total Area: 30,117 acres.
Situation: East Java. The Malang Estates are situated in the residency
of Pasoeroean, division of Malang, and are connected by good
roads with the town of Malang on the state railway, and
with the port of Sourabaja. The Poeger Estates are situated
in the residency of Besoeki, division of Dj ember.
elevation of Malang Estates varies from 700 to 2700 feet above sea-level.
2
Digitized by
Google
18
Tenure : The Estates are held under 75 years' leases from the Netherland
Indian Government. At the foundation of the Company the
leases of the Malang Estates had still to run from 45 to 57 years,
those of the Poeger Estates from 63 to 74 years. The annual
rental of the whole of the Malang Estates amounts to/ 16,804. —
(about £ 1400), equal to about 2 sh. 3 d. per acre, and of the
Poeger Estates to / 20,282.— (about £1690.—).
Cultivation: The Poeger Estates are still virgin jungle land.
At the Malang Estates 11,421 acres were under cultivation
at the end of March 1911, planted as follows, viz: —
Hevea Trees. Ficus Trees. Ceara Trees»
1903/7 planted .
1907/8 „ .
1908/9
1909/10
(Prosp. February 1910) 1,035,546
1910/11 planted. . . 122,500
(Prosp. March 1911) ,
33,053
198,604
803,889
61,515
116,242
110,050
27,750
315,557
(less) 13,500
302,000
42,000
1,158,000 302,000 42,000
Making a total of 1,502,000 Rubber trees. The Hevea is
largely interplanted with Kobusta Coffee and Cacao.
Robusta Coffee trees.
1907/8 planted .... 65,560 trees
1908/9 „ .... 1,080,300 „
1909/10 „ .... 2,436,700 „
1910/11 „ .... 2,973,440 „
6,556,000 Robusta Coffee trees
Tea.
1904/8 planted 135 acres
1908/9 „ 320 „
1911 to be planted 445 „
900 acres
Production: The prospectus of March 1911 contained the following
estimates of crops: —
Hevea Rubber.
1913 .
1914 .
1915 .
1916 .
1917 .
1918 .
1919 .
The
Lbs.
6,014
88,659
436,444
1,015,444
1,588,430
2,084,785
2,316,000
question of the
Ceara Rubber.
Lbs.
21,000
42,000
63,000
84,000
84,000
84,000
proper method of tapping the Ficus
elastica trees is now being carefully investigated by the visiting
agent, who seems confident that in time a considerable yield
may be obtained. The Directors however have meanwhile excluded
any estimate of yield from this source.
Tea.
Lbs.
162,500
226,500
302,975
357,600
445,000
445,000
445,000
Robusta Coffee*
Piculs.
11,626
23,253
31,004
23,253
Digitized by
Google
19
General Information: The estates stand in the names of the two
Dutch vendor-oompanies, viz : '* Javasche Kubber Maatschappij '^
registered in Amsterdam, in 1909 (capital / 3,600,000. — in
shares of /3000. — ), and "Landbouw Maatschappij "Poeger"
registered in Sourabaja in 1904 (capital / 15,000. — in shares
of /lOO. — each), all which shares are owned by the new
Company.
The Company undertake to provide a sinking fund for the
redemption of Debentures at par together with a premium
at the rate of 5 pCt. of the net profits of the Company
remaining in each financial year (subsequent to the financial
year 1914/1915), after a dividend of 6 pCt. per annum has been
paid on tne Company's issued share capital for such year. The
interest on the Debentures will be payable half yearly, on the
30th June and the 31st December in each year, the first payment
being on the 31st December 1911.
According to a prospectus of the Company re issue of Deben-
tures, dated 31st March 1911, the Directors intend, when a
favourable opportunity occurs, to dispose of the Poeger Estates
and to devote proceeds, which may derive from such disposition,
to the redemption or purchase in the Market of Debentures.
Digitized by VjOOQ IC
20
ANGLO SUMATRA RUBBER COMPANY, LIMITED.
Founded: December 1907.
Capital: £90,000.— in £1.— shares.
Issued: £80,000.— fully paid.
Purchase Price: £68,400.— (£59,700.— in cash and £8700.— in
fully paid shares).
Directors: C. Meikle (Chairman), J. T. Cargill, H. N. Boyd, F. C.
Bishop, and A. G. Muir.
Secretaries and Offices: Brewis, Bainie & Boyd, C. A., 6Darnaway
Street, Edinburgh.
Estates: Bandar Maria and Greahan.
Total Area: 4579 acres, less 1742 acres reservation for natives, leaving
available 2837 acres.
Situation: East Coast of Sumatra, district of Serdang. Both estates
are distant about 3 miles from the railway station and post-
office of Bangoen Foerba.
Elevation: 650 feet above the sea-level.
Tenure: The lands are held under leases from the Sultan of Serdang,
confirmed by the Netherland Indian Government, expiring in
November 1963 and renewable after expiration.
The annual rental amounts to /L— per bouw (abt. 11V«^-
per acre).
Cultivation: The planted area at 31st May 1910 was 2404 acres,
planted with 246,136 Hevea trees and 17,528 Ficus trees, viz: —
PUnted in 1903 . . .
„ „ 1905 . .
„ 1906 . .
„ „ 1907 . .
„ „ 1908 . .
„ „ 1908/9 .
„ „ 1909/10.
5,290 Hevea trees
. . 37,974 „ „
. . 13,185 „ „
, . 87,799 „ „
. . 11,303 „ „ (to 31st May)
. 49.186 „ „
. 41,399 „ „
Planted in 1904 , .
246,136 Hevea trees
. . 17,528 Ficus trees
263,664 Rubber trees.
The existing Co£fee plantations are being gradually superseded
by the Rubber.
Production: Tapping of the Rubber trees began in March 1909. The
output in 1909/10 was 16,215 lbs. The estimate for 1910/11
is 67,000 lbs. of Fara and 5000 lbs. of Ficus rubber.
The Coffee crop 1909/10 amounted to 3618 piculs.
The rubber output in 1910 — 11 was approximately 96, 939 lbs..
Financial year ends 31st May.
Annual Report issued in November.
Digitized by VjOOQ IC
21
THE ANKOLA TEA AND RUBBER COMPANY, LIMITED.
Founded: April 1911.
Capital: £150,000.— in £1.— shares.
Issued : The first issue will be £ 100,000. — . (A prospectus has not yet
been issued, but this will be done in the near future.
Directors: Arthur Lampard, H. E. MiiUer, D. K. Michie.
Secretaries and Offices: Harrisons & Crosfield, Ltd., Ceylon House,
49 — 51 Eastcheap, London, E. C. (until completion of new
premises in Great Tower Street).
Estates: Tanah Datar, and Ankola.
Total Area: 4412 acres.
Situation : West-Java, residency of " Preanger Regentschappen," division
of Tjandjoer, district of Soekanegara.
Tenure: The lands are held under 75 years* lease from the Netherland
Indian Government, at an annual rental of about Is. 5 d.
per acre.
Cultivation : Approximately 1220 acres are planted in Tea, of which : —
118 acres were planted in 1908.
525 „ „ „ „ 1909.
570 „ „ „ „ 1910/11.
Production: The estimated tea crops are: —
80,000 lbs. for period ending 30th April 1912.
300,000 „ „ „ „ 30th „ 1913,
expected to increase yearly to one million lbs. of tea for the
year ending 30th April 1916.
General Information: In order to comply with the Dutch law, the
estates are held in the name of a Dutch Company, the " Rubber
Cultuur Maatschappij Ankola," registered in Java in June 1910,
with a capital of / 600,000. — in shares of /lOOO,— each, the
whole of which was acquired by the present Company.
Financial year will probably end on the 30th April.
Digitized by VjOOQ IC
ASAHAN (SUMATRA) RUBBER ESTATES, LIMITED.
Founded: March 1910.
Capital: £250,000.— in £1.— shares.
Issued: £ 172,500.— fully paid.
Purchase Price : £ 100,000. — , with option to take at par, during four
years, the balance of the shares.
Directors: G. M. Dundas-Mouat, Sir W. E. Ward, J. Turner, and
J. T. Curry.
Secretary and Offices : H. Gunter, 42-45 New Broad Street, London E.C.
Estate: Soengei Bedjankar.
Area: 11,000 acres.
Situation : East Coast of Sumatra, district af Asahan, and distant about
6 miles from the Fort of Batoe Bahra, and about 47 miles
from the Tebing Tinggi railway-station. With the latter the
estate is connected by an auto-service.
Tenure: The land is held under lease, expiring December 1973, from
the Sultan of Asahan, confirmed by the Netherland Indian
Government, at an annual rental of /I. — per bouw (about
IIV2 d. per acre).
Cultivation: About 900 acres were planted with Para rubber trees at
the end of 1910, as follows:—
in 1906. 10,900 trees
„ 1908 32,482 „
„ 1909 44,145 „
„ 1910 6,540 „
94,067 trees
A further 5000 acres have been drained, roaded and cleared,
and it is intended to plant these with Bubber trees at once.
Production: The prospectus gives the following estimates of Rubber
returns : —
in 1911 3,750 lbs.
„ 1912 20,000 „
„ 1913 74,000 „
„ 1914 159,000 „
Financial year ends 31st March.
Annual Report issued about July.
Digitized by VjOOQ IC
23
ASSAHAN SYNDICAT G. m. b. H;
Founded: 1906.
Capital: KM. 600,000.—.
Issued: R. M. 165,000.—.
Directors: A. H. Weil, and G. Devaranne.
Offices: Berlin, K. W. 21, Dortmunderstrasse 1.
Estate: Silau Toewa.
Area: 4375 acres.
Situation: East Coast of Sumatra, division of Asahan, district of
Tandjong Balei, about 26 miles from the Fort of. Tandjong
Balei, with which the estate is connected by good roads.
Elevation: 150 feet above sea-level.
Tenure : The land is held under 75 years' lease, dated May 1905, from
the Sultan of Asahan, confirmed by the Ketherland Indian
Government.
The annual rental apiounts to /1.25 per bouw, equal to
about Is. 2d. per acre.
Cultivation: At the end of 1910 about 430 acres were under culti-
vation, viz: —
200 Para trees planted in 1906
400 „ „ „ „ 1907
1,500 „ „ „ „ 1908
15,000 „ „ „ „ 1909
■ 29,500 „ „ „ „ 1910
46,600 Trees.
Production: It was intended to start tapping in 1911.
Financial year ends 31st December.
Annual Report issued about August.
Digitized by VjOOQ IC
24
BADEK RUBBER ESTATE, LIMITED.
Founded: April 1910.
Capital: £120,000.— in £ 1 Shares.
Issued: £105,000. — , of which 17,500 vendors' shares fully paid and
87,500 shares 15 sh. paid.
Purchase Price: £65,000.— (£47,500.— cash and £17,500 in fully
paid shares). The Vendors have also the call at par during four
years of 15,000 shares.
Directors: J. C. Sanderson, V. R. Wickwar, Rt. Hon. Viscount
Molesworth, J. A. Baker, A. R. Warren, and J. Crowther.
Secretaries & Offices : T. Barlow & Brother, 49/51 Eastcheap, London,
E.C.
Estates: Badek Soember Ringin I, II, III, and Fodjokredjo.
Total Area: 1075 bouws = 1881 acres.
Situation : East Java, residency and division of Kediri, district of Paree,
on the slope of Mount Kloet.
Elevation varies from 1200 to 1800 feet above sea-level.
Tenure: The lands are held under 75 years' lease direct from the
Netherland Indian Government, dated April 1892, at an annual
rental of /I. — per bouw (abt. llYgd. per acre), with
exception only of the estate Badek Soember Ringin III
(53 acres), the lease of. which dates from August 1900 at an
annual rental of /4. — per bouw.
Cultivation: In March, 1910, there were the following Rubber trees
planted on the estate: —
84,000 Hevea 1 year to 2 years old
1^775 Ficus 3 years „ 9 „ „
25,000 Castilloa 8 „ „ 9 „ „
37,500 Ceara about 1 year old.
490,000 Coflfee trees (Robusta and Java),
90,000 Kapok „ (2 to 10 years old),
4,750,000 Citronella plants (2 „ 3 „ „ ),
50,000 Cacao trees (5 „ 10 „ „ ),
15,000 Pepper shoots about 10 years old.
4,500 Nutmeg trees (2 to 3 years old).
By planting additional Hevea Rubber trees, which will
eventually elemiuate Citronella, Coffee, and Cacao trees, the
total number of Rubber trees on the estate should amount to
about 260,000.
Digitized by
Google
25
Production: It is estimated in the prospectus that the following results
will be obtained from the Rubber: —
1910 14,000 lbs.
1911 21,000 „
1912 80,500 „
1913 192,000 „
General Information : The estates are held in the name of the " Cultuur
Maatschappij Badek," registered in Java in 1899, with a capital
of / 100,000. — in shares of / 500. — each, which are all acquired
by the new company.
Digitized by VjOOQ IC
26
THE BAH LIAS TOBACCO AND RUBBER ESTATES,
LIMITED.
Founded: March 1911.
Capital: £300,000.— in £1.— shares.
Issued: The first issue will be £200,000. — (A prospectus has not yet
been issued, but this will be done in the near future).
Directors: Arthur Lampard, G. Croll, and J. R. Gray.
Secretaries and Offices: Harrisons k Crosfield, Ltd., Ceylon House,
49-51 Eastcheap, London, E.C. (until the completion of new
premises in Great Tower Street).
Estates: Tandjong Koeba, Indrapoera, Gamboes, Ferlanaan, Bah Lias
and Maria Bandar, six plots, together known as the Tandjong
Koeba Lands.
Total Area : About 38,000 acres (after allowing for native reservations).
Situation: East-coast of Sumatra, districts of Batoe Bahra and Bandar,
distant about 20 miles from the Tebing Tinggi railway station.
Tenure: The lands are held under 75 years' leases from the Sultan of
the districts, ratified by the Ketherland Indian Government.
The annual rental for 3 concessions is /I. — per hectare (about
8d. per acre), and for the other three /I. — per bouw (about
lid. per acre.
Cultivation: The cultivation consists of approximately 522 acres of
Para Rubber, planted up to February 1910.
It is intended to increase the Para Rubber acreage by a
new opening of 1500 acres (the work iti connection with which
is now in progress) during 1911, and to plant a further 1500
acres in 1912 and 1913.
It is also the intention of the Board to open up 2000 acres
under Cocoanuts, the land being extremely suitable for this
product.
Tobacco has been grown on the estates for many years.
Production: The 1910 crop of Tobacco shows approximately — net
Amsterdam weights — 306,000 half Kilos from 310 fields. 312
fields of approximately 2 acres each have been cultivated for
the 1911 crop.
Financial year ends 31st October.
Digitized by VjOOQ IC
27
CULTUUR MAATSCHAPPIJ BAJABANG.
SOCI6T6 DES PLANTATIONS DE BAJABANG.
Founded: February 1906.
Capital: / 500,000. — in shares of /250.— each (and 400 profit shares).
Issued: / 500,000. — , of which / 75,000. — were issued in December 1910
at 40 pCt. premium (/350. — per share of /250. — ).
Purchase Price: / 50,000.— in fully paid shares, and all the (400)
profit shares.
Directors: Alfred Jacobs, Vioomte G. de Saint Jouan, Dr. E. Merck,
I. G. M. J. Wehry, and F. de Rijckman.
Registered Office: Amsterdam, with branch Offices in Paris, Boulevard
Haussman 73, and in Antwerp, 11 Place Leopold.
Estates: Bajabang I — IV.
Total Area: 1758 bouws (about 3080 acres).
Situation: Java, residency of "Preanger Regentschappen," division of
Bandoeng, district of Hadjamandala. The estates are distant
about 8^/2 miles from the railway station of Bendeh.
Elevation: 800 feet above sea-level.
Tenure : The lands are held under 75 years' lease from the Netherland
Indian Government, dated February 1900, at an annual rental
of / 2. — per bouw (about 1 sh. 10 d. per acre).
Cultivation: At the end of March 1911 about 1435 acres were under
Rubber, of which were planted
135 acres with Ficus trees up to 1907,
800 „ „ Hevea „ „ „ 1907,
500 „ „ „ „ in 1907—11.
1435 acres.
Production: The production for 1911 up to 31st March was 1573 kilos
(3460 lbs.) of rubber.
General Information: The allotment of profits has to take place as
follows: —
5 pCt. to reservefund.
6 „ on the paid-up capital to shareholders (cumulative).
From the remainder: —
10 „ to the Board of Directors.
5 „ at the disposal of the Board.
And the balance will be divided als follows: —
50 „ to shareholders.
50 „ to holders of profit shares.
Financial year ends 31st October.
Annual Report issued before the end of June.
Digitized by VjOOQ IC
28
BAJAN SUMATRA RUBBER MAATSCHAPPIJ.
Founded: May 1911.
Capital: / 1,000,000.— , in shares of /lOOO.— each.
Issued: / 400,000. — (200 vendor-shares, fully paid, and 200 shares, on.
which 30 pCt. has been paid on allotment).
Managing Director: A. G. N. Swart.
Members of the Board : W. O. Gallois (Chairman), Jac. Musly, E. C.
Abendanon, .0. F. Weise, and K. P. van der Mandele.
Registered Office: Rotterdam, Boompjes 58.
Estate: Bajan.
Area: 1700 hectares = 2395 bouws = 3200 acres.
Situation: East-coast of Sumatra, government of Atjeh, division of
Langsar, district of Bajan, on the Bajan-river, about 15 minutes
distant from the station at Bajan of the Atjeh-tramway, and close
to the ports of Langsar and Aroe-bay.
Elavation average 80 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Netherland
Indian Government, granted in 1910 at an annual rental of
/I. — per bouw.
Cultivation: The land consists of virgin jungle. It is intended to take
the development of the land and the cultivation of Para Rubber
in hand at once.
General Information: The allotment of profits has to take place as
follows : —
6 pCt. dividend to shareholders.
From the remainder: —
10 „ to a reservefund, until this has reached an amount
equal to 25 pCt. of the issued capital.
And from the balauce: —
10 „ to the Managing Director.
10 „ to the Members of the Board.
80 „ to shareholders.
Financial year ends 30th June.
Annual Report issued about December.
Digitized by VjOOQ IC
29
THE BAJOE KIDOEL RUBBER AND PRODUCE COMPANY,
LIMITED.
Founded: April 1911.
Capital: £300,000.— in shares of £1.— each.
Issued: The first issue will be £150,000. — . (A prospectus has not yet
been issued, but this will be done in the near future).
Directors: Arthur Lampard, D. Birnie, M. Sanders, J. R. Murray,
and H. E. Miiller.
Secretaries and Offices : Harrisons <b Crosfield, Ltd., 40 — 51 Eastcheap,
London, E.G. (until completion of the new premises in Great
Tower Street).
Estates: Bajoekidoel, Trebla Sala, and Anim Sand.
Total Area: 13,758 acres.
Situation: East-Java, residency of Besoeki, division of Banjoewangi.
districts of Hogodjampi and Genting, near the railway stations
at Kali Baroe and Temoegoeroeh.
Elevation varies from 1000 to 2500 feet above sea-level.
Tenure : The lands are held under 75 years' leases from the Netherland
Indian Government, granted respectively in January 1895 and
in Augustus and September 1898. The annual rental amounts
to /I. — per bouw, equal to about 11 1/2 d- P©r acre.
Cultivation: At the end of May 1911 there were approximately 1900
acres planted with Para Rubber, interplanted with Coffee, of
which about: —
280 acres were planted in 1906/7
320 „ „ „ „ 1907/8
215 „ „ „ „ 1908/9
1085 „ „ „ „ 1909/10
1900 acres.
Production: The production of 1910 was 4600 piculs of Coffee (for the
greater part Hobusta) and for 1911 the crop is expected to
be 5050 piculs of Coffee.
It is anticipated that the first Rubber will be harvested at
the end of 1911.
General Information: In order to comply with the Dutch law, the
estates are vested in the name of a Dutch Company, the
"Rubber Cultuur Maatschappij Bajoekidoel", registered in
Djember (Java) in July 1910, with a nominal capital of
/ 4,000,000.— , in 800 shares of /5000.— each, the whole of
which was acquired by the present Company,
Financial year will probably end 31st March.
Digitized by VjOOQ IC
30
BANDAR RUBBER MAATSCHAPPIJ.
Founded: March 1910.
Capital: / 2,600,000.— in shares of /lOO.— cash.
Issued: / 1,100,000.— .
Purchase Price: / 700,000.— cash.
Directors: P. van Leeuwen Boomkamp (Managing), Theod. C. Dentz,
G. Hijmans, and G. Voorhoeve.
Registered Office: Amsterdam, Heerengracht 364.
Estate: Bandar Slamat.
Area: 1766 hectares (about 3900 acres).
Situation: East Coast of Sumatra, division and district of Asahan,
distant about 35 miles from the port of Tandjong Balei, with
which the estate is connected by the Asahan river, navigable
with steamlaunches until Bandar Slamat.
Elevation: 250 feet above sea-level.
Tenure: The estate is held under lease from the Sultan of Asahan
confirmed by the Netherland Indian Government at an annual
rental of /I. — per hectare, (about 8d. per acre). The lease
expires in May 2022.
Cultivation: At the end of December 1910 were planted about 1450
acres with 148,000 Hevea trees, as follows: —
planted
1906
1907
1908
1909
1910
100 acres 6,000 Hevea trees
250 „ 25,000 „
46 „ 6,000 „ „
150 „ 16,000 „
900 „ 95,000 „
148,000 Hevea trees
Particulars of the Coffee trees are: —
Liberia trees.
122,720
12,000
planted. Bobusta trees.
1896/1902 150,000
1907 350,000
planted.
1909
1910
134,720 500,000
The 500,000 Eobusta Coffee trees have been planted among
the Para Rubber.
Digitized by
Google
31
Production: The 1910 crop consisted of: —
96,200 half kilos of Liberia Coffee.
The Prospectus contained the following estimates of crops: —
Rubber. Liberia Coffee. Bobusta Coffee.
lbs.
half Kilos.
half Kilos.
1911 ....
2,700
144,000
90,000
1912 ....
13,500
120,000
180,000
1913 ....
27,000
72,000
360,000
1914 ....
80,000
24,000
360,000
Tapping commenced in June 1911.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. on the paid-up capital to shareholders.
From the remainder:
15 „ to reservefund (until this has reached 25 pCt. of the
capital stock).
And from the balance:
25 „ to Board of Directors.
75 „ to shareholders.
Financial year ends 31st December.
Annual Report issued before July.
Digitized by VjOOQ IC
32
BANDAR SUMATRA RUBBER COMPANY, LIMITED.
Founded: July 1909.
Capital: £ 100,000.— in £ 1.— shares.
Issued: £94,000.— (11,000 vendor shares fully paid, and 83,000 shares
on which ] 2/6 sh. has been paid)..
Purchase Price: £28,000.— (£11,000 in fully paid shares, £17,000
cash), and the option to take at par during seven years 6000
shares of the unissued capital.
Directors: H. Wright, P. J. Burgess, F. Copeman, J. C. Tate, and
W. F. de Bois Maclaren.
Secretary and Offices: W. A. Lack, Mincing Lane House, Eastcheap,
London, E.G.
Estate: Eambey (Bandar-Finang).
Area: 3992 acres. (3500 acres plantable).
Situation: East Coast of Sumatra, division and district of Upper-
Serdang, distant about 12^2 miles from Galang railway station,
with which it is connected by estate and Government roads.
Elevation: 300 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Sultan of
Serdang, confirmed by the Netherland Indian Government,
expiring June 1972, at an annual rental of /I. — per bouw
(about 1 sh. per acre).
Cultivation: At the end of 1910 an area of 1740 acres was under
cultivation and planted with: —
15,468 Ficus trees ( 296 acres)
and 152,398 Hevea trees (1444 acres),
Ficus tree3 being cut out and replaced with Hevea.
The Rubber is interplanted with: —
217,000 Liberia Coffee bushes and
110,983 Robusta Coffee bushes,
old and useless Liberia Coffee being cut out.
The details of the Hevea trees are as follows: —
planted in 1904 4,675 trees
1905 5,624 „
1906 7,238 „
1907 23,709 „
1908 22,897 „
1909 11,954 „
1910 76,301 „
152,398 trees.
The Liberia Coffee trees were planted between 1898 and 1909.
The Robusta Coffee trees were planted: —
29,000 in 1909
81,983 . in 1910
110,983 Robusta Coffee trees.
Digitized by
Google
33
Production: The Rubber output to. Slat July 1910 was 4360 lbs.
The estate manager estimates the crop to 3l8t July 1911 at
16,800 lbs. of Rubber (of which 800 lbs. Ficus).
The output since 1st Aug. 1910 is as follows; —
1910 lbs.
August 636
September 693
October 642
November 935
December 1471
1911
January 2231
February 2101
March 1990
April 1700
May 1940
14,339
The Liberia CoflFee crop to 31st July 1910 was 1362 cwt. and the
estimated crop to 31st July 1911 is 1200 cwt. of Liberia CoflTee.
The Robusta Coffee will enter into bearing in the course of 1912/13.
Financial year ends 31st July.
Annual Report issued about end of October.
Digitized by VjOOQ IC
34
BANDJARSARIE QAVA) RUBBER COMPANY, LIMITED.
Founded: November 1908.
Capital: £60,000.— in £1.— shares.
Issued: £42,000. — , of which 25,000 shares were issued fully paid in
payment of the property, 2000 were called under terms of
option, and duly issued for cash, and 10,000 were issued for
cash, and are now fuUy called up (these last carry a cumulative
preferential dividend of 5 pCt. per annum for three years from
the formation of the Company and participate in surplus profits).
5000 shares were o£Pered to the shareholders in February 1910,
at 10s. premium, and are now fully paid. All shares will rank
"pari passu'' after the payment of the cumulative dividend on
the 10,000 shares above referred to for 3 years at 5 pCt. per
annum. 8000 shares are still under option.
Debentures : It was proposed to issue this year £ 10,000 Permanent
6 pCt. Debenture bonds, and £8,000 short time 7 pCt. bonds,
to be issued as required, and to be redeemed as the 8.000 shares
under option up to November, 1913, were taken up.
Purchase Price: £25,000.— in fully paid shares.
Directors: E. E. Moreau, M. Kelway Bamber, W. O. Burt, A. H.
Dunsmure, and J. G. Nicolson.
Secretary and Office: R. Lawrence Spicer, 3/4 Great Winchester
Street, London, E.C.
Estates: Bandjarsarie 947 acres.
Tjigajam 861 „
Total Area: 1033 bouws = 1808 acres.
Situation : West Java, residency of " Preanger Eegentschappen ", division
of Soekapoera, district of Bandjar and Padaherang, 12 miles
from Bandjar railway station, on the main line between Batavia
and Sourabaja
Tenure: The estates are held on a N^therland Indian Government
lease expiring in 1975, at an annual rental of /I. — per bouw
(1 sh. per acre), for Bandjarsarie, and / 1.50 per bouw (1 sh. 6 d.
per acre) for Tjigajam.
Cultivation: An area of 939 acres is planted in Para Rubber. In the
Company's prospectus the following details of planted Rubber
were given: —
89,520 Hevea trees (252 bouws) planted in 1906.
54,000 „ „ (150 „ ) „ „ 1906-7.
33,700 „ „ (129 „ ) „ „ 1908.
182,200 Hevea trees (531 bouws), mostly planted 20 X 12 feet.
There are also 95 acres under Robusta Coffee.
During 1909 about 100,000 Manihot Dichotoma seedlings
were planted through the Para Rubber. It was not intended
to make further extensions.
Digitized by
Google
35
Production: Experimental tapping has oopunenoed earlj in 1911.
The estimated yield is as follows:—
1911 38,638 lbs. of Rubber
1912 83,865 „ „
1913 133,290 „ „
19U 139,706 „ „
1915 266,680 „ „
From January to May 1911 the output was 1175 lbs. of dry
Rubber, 660 lbs. of which was the production for May, and
a gradual and steady increase was expected.
General Information : In order to meet the requirement of the Dutch
law, the estates continue to be held in the name of the " Anslo-
Java Rubber Company," incorporated in Java in 1905, with a
capital of / 300,000. — , the whole of which was acquired by
the above Company.
Financial year ends 31st December.
Annual Report issued about April.
Digitized by VjOOQ IC
36
BANJOEWANGI THEE EN RUBBER CULTUUR
MAATSCHAPPIJ.
Founded: April 1911.
Capital: / 1,600,000.— in 1600 shares of /lOOO.— each.
Issued: / 1,200,000.— of which 50 pCt. paid, 25 pCt. payable 30th June
1912, and 25 pCt. 30th June 1913.
Purchase Price: / 485,000.— (/ 400,000.— in fully paid shares and
/ 85,000.— in cash.
Members of the Board : Jonkheer G. S. Boreel, S. C. van Musschenbroek,
D. W. H. Patijn, Odo van Vloten, Jonkheer C. A. H. van
der Wijck.
Managing Director: J. W. D. Francken.
Registered Office: Amsterdam.
Estates: Djatirono (I — IV) and Kali Kadjar Lor (Soember Baroe V
and VI).
Total Area: 2032 bouws (3560 acres).
Situation: East- Java, residency of Besoeki, division of Banjoewangi,
district of Kogodjampi, on the southern slope of mount Baoeng,
and distant about 4 miles from the Kali Baroe railway station.
Elevation varies from 1200 to 2000 feet above sea-level.
Tenure: The estates are held under 75 years' lease, dated December
1894, from the Netherland Indian Qovernment, at an annual
rental of /I. — per bouw (about llV«d. per acre).
Cultivation: There are 200 bouws old plantations of Java Coffee on
Kali Kadjang Lor, wholly interplanted with Robusta Coffee
and 80 bouws with Hevea trees. It is intended to get all the
Java Coffee uprooted. The Djatirono estate comprises 550 bouws
of Para Rubber, fully interplanted with Robusta Coffee, planted
partially in 1910, partially beginning of 1911, which plantations
will be extended up to 600 bouws.
It was further proposed to plant 1200 bouws with tea.
Production: The first Robusta Coffee crop is expected in 1912.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to a reserve fund.
6 „ dividend to shareholders.
And from the remainder.
85 „ to shareholders.
^Vs » ^^ ^^^ Managing Director and
7^/s » to the Members of the Board together.
Financial year ends 31st December.
Annual Report issued about July.
Digitized by VjOOQ IC
37
BANTAM QAVA) RUBBER ESTATES, LIMITED.
Founded: May 1910.
Capital: £165,000.— in £ 1.— shares.
Issued : £ 150,000.— fully paid.
Purchase Price: £125,000.— (£50,000 in cash and £ 75,000.— in
fully paid shares), with the option to take at par for 3 years
15,000 shares of the un-issued capital. The vendors have since
refunded £ 14,000 of the above shares on account of the fact
that the number of trees was 12,000 less than originally reported.
Directors: H. de Courcy Hamilton, W. O. Burt, A. H. Dunsmure,
A. G. Faber, H. Diederichsen, and G. Mann.
Secretaries and Offices: A. O. Meyer & Co., 39 Mincing Lane,
London, E.G.
Estates: Goenoeng Koepak, Raksa Moelia, Pani Entang, Tjiherang,
Kamoening and Padoekoehan Kariban, Tjadasari, Tjitembong
arid Pasir-Ajoenan.
Total Area: 3015 acres.
Situation : West-Java, residency of Bantam, divisions of Lebak, Pande-
glang and Tjiomas, districts of Sadjira, Pandeglang and Tjiomas.
Elevation varies from 400 to 1200 feet above sea-level.
Tenure: The estates are held under 75 years' leases direct from the
Netherland Indian Government. The annual rental varies from
/I. — to /1.50 per bouw.
Cultivation: In April 1910 about 2200 acres were under Rubber and
planted with: —
344,450 Hevea trees, and
24,450 Ficus trees,
of which particulars are as follows: —
80,000 trees, planted in 1905-6.
60.000 „
, „ 1906.
94,000 „
„ „ 1907.
75,000 „
, „ 1908.
37,000 „
, „ 1909.
22,900 „
, „ 1910.
368,900 trees.
The 1910 crop, from Jui
le until December, amounted to
Production :
2177 lbs. of Rubber, The estimated returns, given in the pros-
pectus, are: —
1911 96,100
1912 181,060
1913 263,133
1914 336,064
Digitized by VjOOQ IC
38
The actual output in 1911 was: —
January 1120 lbs.
February 1233 „
March 1340 ,
April 2130 „
May 2515 „
General Information: The estates are held in the name of the vendor
Company, the " Nederlandsch-Indische Caoutchouc Compagnie,'^
registered in The Hague in February 1907, with a capital of
/ 550,000 in 550 shares of / 1,000.— each, the whole of which
was acquired by the new Company.
Financial year ends 30th June.
Digitized by VjOOQ IC
39
BANTAMSCHE PLANTAGEN MAATSCHAPPIJ.
SOCI6t6 DES PLANTATIONS DE BANTAM.
Founded: May 1907.
Capital: / 1,000,000.— , in shares of flOO.— each (besides 5000 profit
shares).
Issued: / 800,000. — . The shares are quoted on the Exchange in Antwerp.
Purchase Price: / 90,000.— (/ 75,000.— cash and / 15,000.— in fully
paid shares) and 2500 profit shares.
Directors: L. van den Bosch (Chairman), F. L. Osterrieth (Managing)
H. A. A. Laloux, Ch. H. Engeringh, M. Eich, A. G. N. Swart,
and H. C. Dinet.
Registered Office: The Hague, Zeekant 99.
Office of Managing Director : Antwerp, 48 Place de Meir.
Estates: Lebak Bolang I, II, and IIl^
Bantardjaja I, II, III, IV, and
Sindangwangi I, and II.
Total Area: 3537 bouws = 6200 acres.
Situation: West Java, residency of Bantam, division of Lebak, district
of Lebak Kidoel, at a distance of about ll miles from the
Bangkas Betoeng railway-station.
Elevation: 350 feet above the level of the sea.
Tenure: The lands are held under 75 years' lease, dated August 1900,
direct from the Netherland Indian Government at an annual
rental of /I. — per bouw (equal to about 11V2^* P®^ acre).
Cultivation: At the end of November 1910 an area of 781 bouws
(1370 acres) was planted with: —
294,878 Hevea trees
25,740 Ficus trees
570 Manihot Dichotoma trees,
as follows: —
in 1907 . . . 99,413 Heveas 3,789 Ficus — Manihots
„ 1908 . . . 125,036 „ 12,535 „ —
„ 1909 . . . 52,291 „ 5,080 „ — „
„ 1910 . . . 18,138 „ 4,336 „ 570 „
294,878 Heveas 25,740 Ficus 570 Manihots.
Production: Tapping commenced in May 1911.
General Information: The allotment of profits has to take place as
follows: —
5 pCt. to reservefund, until this has reached an amount equal
to lOpCt. of the capital stock.
6 „ on the paid up capital, to shareholders.
10 „ to the Board of Directors.
An amount, equal to the above 6 pCt. dividend, to holders of
profit shares.
Digitized by
Google
40
The remainder will be divided, half to shareholders and half
to holders of profit shares, unless the General Meeting of
shareholders decides to set this remaining sum apart to form
an extra reservefund.
The Company has a share of / 270,000. — in the capital of
the "Cultuur Maatschappij Nieuw Tjisalak," and has the option
to take at par the unissued shares of the latter Company.
Financial year ends 31st December.
Annual Report issued about July.
Digitized by VjOOQ IC
41
BANTARDAWA RUBBER ESTATES, LIMITED.
Founded: May 1910.
Capital: £150,000.— in £1.— shares.
Issued: £105,000.— (33,334 vendors hares fully paid and 71,666 shares
12 s. 6d. paid).
Purchase Price: £74,168.—, of which £40,834 cash and £33,334 in
fully paid shares, with the option for five years to take at
par 7500 shares of the un-issued capital.
Directors : H. Wright, R. N. G. Bingley, J. H. Macadam, F. Copeman,
and T. J. Anderson.
Seceretaries and Offices: The Rubber Estate Agency Ltd., Mincing
Lane House, 59 Eastcheap, London, E.G.
Estates: Bantardawa I and II.
Total Area: 6500 acres.
Situation: Java, residency of "Preanger Regentschappen," division of
Soekapoera district of Bandjar, at a distance of about 10 miles
from Bandjar railway-station.
Elevation : 200 feet above gea-level.
Tenure: The estates are held under 75 years' leases (dated May 1899)
direct from the Neth'erland In^an Government, at an annual
rental of /1.25 per bouw.
Cultivation: The total area under Para rubber at June 1st 1910, was
1219 acres, details of which are as follows: —
planted 1906/7 2011/? acres
„ 1907/8 415
„ 1908/9 451/2 „
„ 1909/10 557
1219 acres
There are also 17 P/a acres under Cocoanuts, and some Robusta
Coffee trees.
Production: It was expected that over 20,000 trees would be ready for
tapping at the beginning of 1911. The prospectus gives the
following estimated returns from rubber: —
1911 20,000 lbs.
1912 50,000 „
1913 120,000 „
1914 200,000 „
1915 300,000 „
Digitized by VjOOQ IC
42
The Cocoanut trees, including a number of seven-year old
palms, were for the greater part already in bearing in 1910,
and the whole plantation should be in full bearing in 1911.
General Information: The estates are held in the name of the vendor
Company, the "Cultuur Maatschappij Bantardawa" at Batavia
with a capital of / 400,000 in shares of /lOOO. — each, the
whole of which was acquired by the new Company.
Financial year ends 30th June 1911.
Digitized by VjOOQ IC
43
BARU (JAVA) ESTATES, LIMITED,
Founded: February 1910.
Capital: £70,000.^ in shares of £1.— each.
Issued : £ 63,000.— (25,000 vendor shares fully paid, and 38,000 shares
now also fully paid).
Purchase Price : £ 50,000.— (of which £ 25,000.— cash and £ 25,000.—
in fully paid shares).
Directors : J. R. Pinckney, W. O. Burt, V. Wethered, and D. G. A. Reid.
Secretaries and Offices: Burt & Co., 41 Eastcheap, London, E.G.
Estates : Goenoeng Terong I, II, IIIc, Illb and IVa, Goenoeng Krikel IVb,
together known under the name of Glen Nevis; — and Goenoeng
Krikel la, lb, Ila, lib. III and lYc, known as the land
Glen FaUoch.
Total Area: 4534 acres.
Situation: East-Java, residency of Besoeki, division of Banjoewangi,
district of Bogodjampi, at a distance of about 3 miles from
the Kalie Baroe and Krikilan railway stations.
Elevation varies from 1500 to 2300 feet above sea-level.
Tenure : The lands are held under 75 years' leases (dated August 1893)
direct from the Netherland Indian Government at an annual
rental of /I. — per bouw (abt. ll^/j d. per acre).
Cultivation: At the end of 1910 there were about 941 acres under
rubber, planted with 137,181 Para Rubber trees of the
following
ages: —
735 trees 6 years old,
4,246
> ^ » » >
28,210
1 ^ >l » >
17,437
9 ^ M » >
35,133
}9 ^ 19 l> >
51,420
„ planted Jan. -March 1910.
137,181 (n
ibber trees) (planted 18 X 18 feet).
Moreover there are 1
ihe following old plantations of about: —
1500 acre
s under Java Coffee.
210 „
„ Liberia Coffee.
175 „
„ Bobusta Coffee.
227 „
„ Cacao.
90 „
„ nutmegs^
General Information: The lands continue to be held in the names of
the two Dutch vendor Companies, viz.: the " Maatschappij tot
Ezploitatie van het koffieland Glen Nevis," registered in Java
in 1893, with a capital of / 240,000.— in shares of /lOOO.— ,
and the " Maatschappij tot Ezploitatie van het koffieland Glen
Falloch," registered in Java in 1894, with a capital of
/ 360,000. — in shares of /lOOO. — , all which shares are owned
by the new Company.
Digitized by VjOOQ IC
44
RUBBER MAATSCHAPPIJ BASILAM.
Founded: December 1909.
Capital: / 500,000. — in shares of /500. — each, besides 2 profit shares.
Issued: / 227,000.— , fully paid.
Purchase Price : / 60,000. — in fully paid shares of the Company, and
the two profit shares.
Members of the Board : F. Neumann, and G. van Gils.
Managing Directors: Messrs. Geo. Wehry & Co.
Registered Oiffice: Batavia.
Estate: Basilam.
Area: 6223 bouws = 10910 acres.
Situation: Eastcoast of Sumatra, division of Upper-Langkat, near the
railway station of Selesseh and the post-office of Bindjey.
Tenure: The land is held on long lease from the Sultan of Langkat,
confirmed by the Netherland Indian Government at an annual
rental of /I. — per bouw. The lease expires in August 1965
and is renewable after expiration.
Cultivation: The estate consists of virgin jungle. In 1910 about 700
bouws were openend, and 300 bouws were cleared ready for
planting.
From September 1910 to January, 1911, these 300 bouws
were planted with apnroximately : —
54,000 Hevea trees and
190 Manihot trees,
while the nurseries contained, for further extensions: —
15,000 Hevea stumps, planted in May, 1910, and
66,000 „ seedlings, from 1 to 9 months.
General Information: The allotment of profits has to take place as
follows : —
6 pCt. to shareholders;
And from the remainder: —
10 „ to a reserve fund, until this has reached an amount
of / 40,000.—.
71/2 if to the Managing Director(8),
21/2 „ to each Member of the Board,
5 „ to the superintendent,
2Y3 y, to the holders of profit shares together,
and the balance to shareholders.
Financial year ends 31st December.
Annual Report issued before the end of June.
Digitized by VjOOQ IC
45
BATANGARA CULTUUR MAATSCHAPPIJ.
Founded: January 1911.
Capital: / 500,000.— in 10,000 shares of 50.—.
Issued: / 150,000.—.
Debentures: The Managing Directors have been authorized to contract
a mortgage loan of / 100,000. — on such terms as they will
think most advisable; or to issue to that amount debentures,
convertable at par, and exchangeable against the company's
shares for a period of 4 years.
Managing Directors: A. L. A. Hallet, and Th. F. J. GoUier.
Members of the Board : P. A. A. Delfosse, G. P. de San, G. M. D.
Doyen, and F. L. P. Breithoff.
Registered Office: The Hague.
Offices of Managing Directors : Brussels, 59 Rue de Namur.
Estate: Batang-Ara.
Area: 2500 acres.
Situation: East coast of Sumatra, district of Tamiang, distant about
4 miles from Kwala Simpang, with which the estate is connected
by a cart road.
Tenure : The land is held under 75 years lease direct from the Netherland
Indian Government, at an annual rental of /I. — per bouw.
Cultivation: The development of the land was started in 1910, and it
was reported that 225 acres had been cleared and planted in
1910 with approximately 25,000 Hevea trees.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. to a reservef und, until this has reached 10 pCt. of the
pipital stock.
6 „ dividend to shareholders.
And from the balance: —
10 „ to the Members of the Board.
5 „ to Mr. A. L. A. Hallet or his heirs.
5 „ to Mr. Th. F. J. GoUier or his heirs.
80 „ to shareholders.
In case Mr. Hallet or Mr. Gollier are dismissed from their
office, they as well as their heirs will lose all rights to the
above percentage.
Financial year ends 31st December.
Annual Report issued before the end of August.
Digitized by VjOOQ IC
46
BATU RATA (SUMATRA) RUBBER PLANTATIONS LTD.
Founded: October 1910.
Capital: £ 120,000.— in £ 1.— shares.
Issued: £90,500.— fully paid.
Purchase Price: £72,500.—, of which £ 45,000.— cash, and £ 27,500.—
in fully paid shares.
Directors: K. F. Arbuthnot, W. H. Diethelm, P. E. Hervey, and
M. S. Parry.
Secretaries and Offices: M. P. Evans k Co., 30 Mincing Lane,
London, E.C.
Estates: Batoe Rata and Si-Mahe.
Total Area: 2487 bouws (4350 acres).
Situation: East Coast of Sumatra, division of Upper-Serdang, district
of Senembah, about two miles distant from the Petemboekan and
Bangoen Poerba railway stations.
Elevation: 300 feet above sea-level.
Tenure: The estates are held under long lease from the Sultan of
Serdang, confirmed by the Netherland Indian Government,
expiring in February 1963, at an annual rental of /I. —
per bouw.
Cultivation: In October 1910 about 1000 acres were under Para
Rubber and planted with 135,188 trees, particulars of which
are as follows: —
2900 Hevea trees, planted in 1904
650
31,486
20,854
1,247
38,051
25,000
15,000
1905
1906
1907
1908
1909
1910
1911
Production
the
135,188
The outturn of rubber crop for the first eight months of
company's bookyear, viz. October to May, amounted to
8370 lbs.
The estimated returns, given at the Statutory Meeting in
February last, are: —
for 1911 50,000 lbs.
„ 1912 120,000 „
During the month of January 2300 trees were being tapped,
and during February 11,500 trees, which number is steadely
increasing.
Financial year ends
Annual Report issued
[ not yet decided.
Digitized by VjOOQ IC
47
BELGISCH-NEDERLANDSCHE CULTUUR-MAATSCHAPPIJ.
Founded: November 1904.
Capital: / 900,000.— in 9000 shares of /lOO.— each (and 3500 profit
shares).
Issued: / 900,000.— fully paid.
Members of the Board : L. Fuchs (chairman), P. Buffet, R. de Decker,
Pierre Famin, E. Tootal, and Ch. Yeltman.
Auditors: H. Msen and £. Havenith Jr.
Registered Office: Heerengracht 197, Amsterdam.
Secretary and Offices: G. de Decker, 21/23 Longue Rue Neuve,
Antwerp.
Estates: Tjirandji I — VI, Tjimatis I and II and Pasir Empoel, three
adjoining blocks, and Tjoeroeg I — ^III.
Total Area: 2483 bouws (about 4350 acres).
Situation: Java. The estates Tjoeroeg I — III (1504 bouws) are situated
in the residency of Batavia, division of Krawang, district of
Sindangkasih, at a distance of about 5 miles from the Dawoean
railway station; the other three adjoining blocks are situated
in the residency of "Preanger Regentschappen,'' division of
Tjiandjoer, district of Tjikalong.
Elevation of Tjoeroeg estates is 250 feet above sea-level, and of the other
estates 300 feet above sea-level.
Tenure: The lands are held under 75 years* leases, granted by the
Netherland Indian Qovernment in the years 1893/1908, at an
annual rental varying from /0.50 to /1.50 per bouw.
Cultivation: At the end of 1910 an area of IO46V2 bouws was under
rubber, and planted with 699,771 Hevea trees as follows: —
f
Djirandji c.a.
Tjoeroeg
Total
Planted. bouws.
bouws.
bouws.
1904/6 .... 84
95
179
1905/6 .
. 126*/,
133
259»/4
1906 .
. 141»/4
—
141»/4
1906/7 .
243
243
1907 .
71
—
71
1907/8 .
, —
12
12
1909/10.
, 125
—
125
1910 .
15
—
15
5631/2 483 IO46V2
The ^intention is to plant a further 50 bouws with Para
Rubber in 1911.
There are also 4000 oocoanut trees (46 bouws), planted in
1905/6, and 1405 Ficus trees (4 bouws), planted in 1905/10.
Digitized by
Google
48
Production: Tapping commenced at the end of 1909. The estimated
crop for 1910 was 15 tons of rubber; the output up to December
1910 was 16,435 kilogi'ams (about 36,000 lbs.).
The rubber output for 1911 to the end of April was: —
Jan.— March 19.000 lbs.
[ April 8.400 „
' 27.400 lbs.
i^ General Information: The allotment of profits has to take place as
V follows : —
5 pCt. dividend to shareholders (cumulative);
From the remainder: —
5 „ to reservefund, until this has reached an amount equal
to half the capital stock;
from the remainder: —
5 „ to the General Manager in Java.
10 „ to the members of the Board.
2 „ to employes.
The balance will be divided as follows: —
50 „ to shareholders.
50 „ to holders of profit shares.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
49
THE BESOEKI PLANTATIONS, LIMITED.
Founded: November 1909.
Capital: £100,000.— in £1.— shares.
Issued : £ 100,000.—, fully paid.
Purchase Price : £ 63,000.— (£ 29,667.— cash and £ 33,333.— in fully
paid shares).
Directors: Hon. C. H. Strutt (Chairman), E. J. Hammond, P. H.
Hardcastle, C. E. Welldon, and C. A. Koning (Managing
Director).
Secretary and Offices: Peek Bros, k Winch, Ltd., 20 Eastcheap,
London, E.G.
Estates: Soember Baroe IX-XII (Sepandjang and Glen More), Kali
Baroe, Kadjer, and Labroeh EidoeL
Total Area: 5815 acres.
Situation: East-Java, residencies of Besoeki and Pasoeroean, divisions
of Banjoewangi and Loemadjang. The Soember Baroe estates
are about 3 miles distant from the Kempit railway station.
Elevation: The elevation of the main estates Soember Baroe IX-XII
(Glen More), covering an area of wabout 3200 acres, varies from
800-1250 feet above sea-level.
Tenure: The estates Soember Baroe IX-XII are held under 75 years'
lease from the Netherland Indian Government^ granted in
December 1904, at an annual rental of /I. — per bouw. Th^
other estates, for the greater part tobacco- and ricelands, are
worked under special contracts with the native population.
Cultivation: Since December 1908 were planted:—
235 bouws Rubber and Coffee in 1908-9
265 „ „ „ „ „ 1909-10
All Rubber stumps were 18 months old, when planted out.
In February 19lO there were: —
100,000 Rubber trees, and
1,600,000 Robusta Coffee trees.
It was intended to extend these plantations in 1910 up to : —
200,000 Rubber trees and
2,000,000 Robusta Coffee trees.
An area of about 1500 bouws was under Tobacco.
Estimates: The prospectus gives the following summary of estimated
profits, taking Rubbar at 2 sh. per lb. net: —
1910 1911 1912
1913
£ £ £
£
Rubber and Cofifee ,
. . — 2,100 11,250
15,000
Tobacco
. 11,500 11,500 11,500
11,500
Rice
. 1,500 1,500 1,500
1,500
Totals . . '.
£13,000 £15,100 £24,250
£ 28,000
Digitized by
Google
50
General Information: The estates continue to be held in the names
of the four vendor companies, viz.:
"Landbouw Maatschappij Glenmore"
"Banjoewangi Landbouw Maatschappij"
"Tabak Maatschappij Kali Baroe," and
"Loemadjang Tabak Maatschappij,"
all registered in Java in the years 1908/9, the shares of which
are owned by the new Company.
The present Company also owns the equipped rice mill of the
„RiJ8tpellerij Djember", situated in the town of Djember,
residency of Besoeki, which mill was established for purchasing
and manufacturing the Bice, grown as paddy by the natives^
who cultivate this crop on the Tobacco lands.
Financial year ends 31st December.
Annual Report issued in April.
Digitized by VjOOQ IC
51
BILA (SUMATRA) RUBBER LANDS, LIMITED.
Founded: June 1910.
Capital: £200,000.— in £1.— shares.
Issued: £90,000.—, of which 30,000 fully paid vendorshares and
60,000 shares 12 s. 6d. paid.
Purchase Price: The price was fixed at a sum equal to 36 s. per acre
on the ascertained area of the estates. £ 20,000. — was paid in
cash and the balance was to be settled in fully paid shares.
The vendors have also the option to take at par during three
years 25,000 shares of the unissued capital.
Directors: L. T. Boustead, R. J. Hoffmann, A. O. Whiting, Hon. E.
Coke, and W. T. Mackenzie.
Secretaries and Offices : Boustead, Anderson & Co., 30 IkOncing Lane,
London, E.C.
Estates: Batang Sampongol, Paya Labi, and Djabang Doea.
Area: 50,000 acres (pending survey, but expected to amount to 60,000).
Situation: East-coast of Sumatra, division of Laboean Batoe, on the
Baroemoen river.
Cultivation: In May 1910 there were 7525 Para trees from 1 to 2y^
years old. The directors intend to open at once a further 1500
acres and plant these with Para Rubber and Bobusta Coffee.
The Directors propose to deal with a great part of the
concessions by the sale of blocks of land to subsidiary companies
and by leasing lands to Chinese tapioca growers.
Production: No rubber crop is expected until 1914/15.
The following estimates of profits are made: —
Rubber. Coffee. Total.
19U £ 750 £ 3,095 £ 3,845
1915 „ 1,125 „ 9,047 ,,10,172
1916 „ 5,250 ,,10,714 ,,15,964
1917 ,,13,250 „ 8,333 ,,21,583
1918 ,,25,000 „ 2,381 ,,27,381
1919 ,,36,250 „ — ,,36,250
1920 ,,48,750 „ — ,,48,750
Financial year ends 30th June.
Digitized by CjOOQ IC
52
CACAO AND CAOUTCHOUC ONDERNEMING BODEG.
Founded: March 1908.
Capital: / 55,000.-*- in 11 shares of /5000.— each.
Directors: H. G. Th. Crone (Managing), W. J. van der Held, and
P. Boeken Jr.
Registered Office: Amiterdam, N. Z. Yoorburgwal 60.
Estate: Bodeg.
Area: 1400 bouws (2450 acres).
Situation : Mid- Java, residency of Soerakarta, division of Klaten, district
of Djatinom, at a distance of about 10 miles from the Klaten
railway station.
Elevation: 1500 feet abore sea-level.
Tenure: The land is held under lease from the Native Authorities,
confirmed by the Netherland Indian Government. The lease is
renewable after expiration for periods not exceeding 30 years.
Cultivation : At the end of 1909 an area of about 750 acres was under
cultivation, of which
700 acres planted with CastiUoa and Cacao, and
50 „ „ „ Fious.
Mor^ver there are some old Coffee plantations.
General Information: The allotment of profits has, to take place as
follows :
5 pCt. dividend to shareholders, and the remainder is to be
reserved to form a working-capital-fund, until this fund has
reached an amount of / 30.000. — , or so much more as the
general meeting of shareholders will decide.
Profits not to be reserved for this purpose will be distributed
as follows: —
10 pCt. to the Managing Director,
lO „ to the other Directors together,
80 „ to shareholders.
Financial year ends 3l8t December.
Digitized by VjOOQ IC
53
PLANTAGEN GESELLSCHAFT BOENISARI.
Founded: December 1906.
Capital: / 500,000.— in 1000 shares of / 500.— each. The original
share capital of / 280,000. — was increased in June 1908.
Issued: / 350,000.— , fully paid.
Purchase Price: / 230,000.— in fully paid shares.
Managing Director: J. F. L. P. Schroeder.
Members of the Board : Th. G. Huppe, G. W. E. Ganzel, and B. Zikel.
Registered Ofiice: Bandoeng (Java).
Estate: Boenisari III (Tjigompet and Padarameh).
Area: 1200 bouws (2100 acres).
Situation: Java, residency of ^'Preanger Begentschappen," division of
Limbangan, district of Negara, at a distance of about 30 miles
from the Garoet railway station and about 11 miles from the
bay of Tjilaoeteureun on the Southcoast of Java.
Elevation varies from about 1000 to 2000 feet above sea-level.
Tenure: The land is held under 75 years' lease, dated May 1906, direct
from the Netherland Indian Government, at an annual rental
of /I. — per bouw.
Cultivation: At the beginning of 1909 an area of about 550 bouws
(970 acres) was under cultivation, and planted as follows: —
Planted.
Hevea trees.
Ficus.
Castilloa.
Cacao trees.
1906/6 .
510
24,921
2000
1,021
1906/7 .
. 10,000
74,000
—
10,000
1907/8 .
. 20,000
45,000
—
—
1908/9 .
. 6,200
15,000
—
—
36,710 158,921 2000 11,021
General Information : The allotment of profits, eventually after deduction
of a percentage for the European staff, has to take place as
follows : —
5 pCt. to the Managing Director
21/3 „ to the Members of the Board together
2^/3 „ to the Estate Manager,
5 „ to a reservefund
85 „ to shareholders.
Financial year ends 31st December.
Annual Report issued before the end of April.
Digitized by VjOOQ IC
54
BORNEO RUBBER AND TRADING COMPANY, LIMITED.
Founded: May 1906.
Capital: £160,000.— in 130,000 ordinary and 30,000 6 pCt. cumulative
preference shares of £ 1. — each.
Issued: £135,142 (117,511 ordinary and 17,631 preference shares, all
fully paid).
Directors: H. C. Hadfield, T. C. Curwen, T. E. P. Gardiner, W. R.
Scott, and J. Baker.
Secretary and Offices: Graham H. Sanders, 30 Moorgate Street,
London, E.C.
Area: 26,500 acres (pro resto).
Situation: Pontianak, Dutch West Borneo.
General Information: The above mentioned price was paid for an area
of 49,000 acres, of which 1147 acres were planted with rubber.
In January 1910 the Company sold 22,417 acres, including
the 1147 acres of Rubber and 181 acres of cleared land to the
Kapoewas Rubber Company, Ltd., for a sum of £ 40,000. — in
fully paid shares, together with the option to subscribe at par
during four years for 20,000 shares of the unissued capital
of the Kapoewas Company.
In order to comply with the Dutch law the lands continue
to be held in the name of the Dutch Vendor Company, " Handel
en Industrie Maatschappij Wilhelmina,'' whose share capital is
owned by the present Company.
Financial year ends 30th April.
Annual Report issued about October.
Digitized by VjOOQ IC
55
BRITISH RUBBER ESTATES OF JAVA, LIMITED.
Founded: May 1910.
Capital : £ 95,000.— in 2 s. shares.
Issued : £ 70,000.— fully paid.
Purchase Price: £43,038 in cash, and the option to take at par
during 5 years 250,000 shares of the unissued capital.
Directors : M. Lowden, H. P. Mitchell, S. Lee, and H. J. de Kempenaer.
Offices: 65 London Wall, London, E.C.
Estates: Soember Manggis Kidoel, Soember Mangis, Soember Oerip,
and Soember Telogo Zuid (one block of 1313 bouws in Fasoeroeau),
and Kalidoeren I.
Total Area: 1621 bouws (2840 acres).
Situation : East-Java. The estate Kalidoeren I is situated in the residency
of Besoeki, division of Djember, district of Tanggoel, about 4
miles from the Soember Bahroe railway station; the other four
estates form one block in the residency of Pasoeroean, division
of Malang, district of Toeren, about 6 miles from the Dampit
railway-station.
Elevation: of the Pasoeroean estates varies from 1500 to 2200 feet
above sea-level j and of Kalidoeren I from 350 to 450 feet.
Tenure: The lands are held under 75 years' leases, granted by the
Netherland Indian Government in the years 1880/1902 at an
annual rental varying from /1.50 to /6. — perbouw(£ 610. — ).
Cultivation: The whole area is practically under cultivation.
The number and ages of the Rubber- and Hobusta Coffee
trees are given as follows: —
Planted. Eicus. Hevea. Robusta Coffee.
1905/6 2,025 — —
1906/7 4,848 19,980 5,003
1907/8 1,754 15,400 72,050
1908/9 2,473 8,600 164,861
1909/10 1,500 19,500 131,561
Total .... 12,600 63,480 373,475
There are also
154 acres of cocoanuts, 5 years old, and
224 acres of Liberia Coffee,
over 700,000 Java Coffee trees,
50,000 Coca trees,
4000 Tea bushes,
80,000 pepper vines, and
6224 Castilloa Rubber trees.
Digitized by CjOOQ IC
56
Production: The estimates of crops are given as follows: —
Rubber.
Coffee.
lbs.
piculs.
2,000
2500
in
1911,
16,500
3500
n
1912,
39,500
4500
M
1913,
68,000
6500
»
1914,
109,000
6000
»
1916,
150,000
5600
)>
1916,
191,000
4500
M
1917.
General Information: In order to comply with the Dutch law the
estates are held in the name of a Dutch Company, the " Cultuur
Maatschappij Kali Doeren" registered in Sourabaya in 1905,
with a capital of / 35,000.— in shares of flOO.—, all which
shares were acquired by the present Company.
Financial year ends 30th June.
Annual Report issued about September.
Digitized by VjOOQ IC
57
CENTRAL JAVA RUBBER PLANTATIONS, LIMITED.
Founded: April 1910.
Capital: £125,000.— in 2 ah. shares.
Issued : £ 100,000.—, fully paid.
Purchase price: £76,000.— payable as to £37,500 in cash, £10,000
in fully paid shares, and £ 27,500 in cash or fully paid shares
at the option of the company. The vendor has also the right
for two years to take at par 160,000 of the unissued shares.
Directors: W. A. Wills, Sir T. Barclay, W. H. Peach, J. Greenless,
W. Geipel, H. T. van Laun.
Secretary and Offices: Ch. H. Lawson, 4 London Wall Buildings,
London, E.C.
Estate: Kedoeng Banteng.
Area: 14,000 bouws = 24,500 acres.
Situation : Mid-Java, residency of Soerakarta, division of Sragen, district
of Gondang, about 3 miles from the Kedoeng Banteng railway-
station.
Elevation: 300 feet above sea-level.
Tenure: The land is held under lease from the Native Authorities,
confirmed by the Netherland Indian Government, which lease
is renewable after expiration for periods not exeeding 30 years,
at a rental of about £700. — per annum.
Cultivation: When the estate was purchased, 400 acres were planted
with 42,000 Ficus- and Hevea trees, 10,000 of which were
tappable; 100,000 Hevea trees were planted during 1910.
The particulars of the rubber trees are as follows: —
10,000 Ficus trees, planted 1905
10,000 „ „ „ 1906
8,392 „ „ „ 1907
13,323 Hevea „ „ 1907/9
100,000 „ „ „ 1910
It is intended to plant an additional 50,000 rubber trees
per annum.
Tobacco, Capoc and rice are also cultivated, and moreover the
concession comprises the right to forest exploitation, there being
many djatti-timber-forests on the estate.
Digitized by
Google
58
Production: The profits for the next years have been estimated as
follows : —
Bnbber per lb.
1911 .
, £ 3,500.— at 4/-
1912 .
„ 7,130.— „ 3/6
1913 .
„ 8,400.- „ 3/-
1914 .
„ 15,775— „ 2/6
1915 .
,,27,750.- „ 2/6
Tobacco
Other Produce
Total
£ 5000.—
£5000.—
£ 13,500.
„ 5000.—
,,5000.-
„ 17,130.
„ 5000.—
„ 5000.—
„ 18,400.
„ 5000.—
„ 5000.—
„ 25,775.
„ 5000,—
„ 5000.—
„ 37,750.
General Information: In order to comply with the requirements of
Dutch law the estates continue to be held in the name of the
vendor Company, the "Houtaankap- en Cultuur-Maatschappij
Kedoeng Banteng/' registered in Java, with a capital of
/ 100,000.— , in 100 shares of / 1000.— , the whole of which
was acquired by the present Company.
Digitized by VjOOQ IC
59
CENTRAL SUMATRA RUBBER ESTATES, LIMITED.
Founded: February 1910.
Capital: £180,000.— in £1.— shares.
Issued: £155,000. — , of which 46,250 vendorshares and 108,750 shares
15 s. paid.
Purchase Price: £92,500. — (£46,250 in cash, and £46,250 in fully
paid shares).
Directors: T. C. Owen, M. Lowden, J. R. H. Pinckney, G. B. Owen,
and J. Crowther.
Secretary and Offices: Rowe, White & Co., Ltd., 4 Lloyds' Avenue,
London, E.C.
Estates: Nagaradja (3000 bouws), and Bah Boelian (7000 bouws).
Total Area: 34,050 acres.
Situation: East-coast of Sumatra, division of Padang Bedagei. Both
estates are about 10 miles from the Tebing Tinggi station on
the railway to Medan and the port of Belawan.
Tenure: The lands are held under leases, signed by the Resident of the
East-Coast of Sumatra, expiring respectively in December 1974
and February 1978.
Cultivation: The numbers and ages of the Rubber trees on the estates
on January 1st, 1910, were : —
10,000 Ficus trees over 11 years old
17,000 „ „ from 6—11 „ „
17,000 „ „ „ 1— 6 „ „
1,000 „ „ „ 1 „ „
45,000 Ficus trees.
During 1910 about 1300 acres of forest land have been felled
and to a great extent cleared and some 300 acres have been
planted with Hevea stumps. The Directors propose to plant part
of the cleared land with a catch crop of paddy, and plant it
with tobacco in 1911/12. It was expected to have by the end
of 1911 planted 200 acres with tobacco, and to have brought
at that time the number of Hevea trees planted out up to
200,000, and the number of Coffee trees up to 800,000.
Production: The estimated returns for rubber are: —
in 1911 20,000 lbs.
„ 1912 30,000 „
„ 1913 50,000 „
Digitized by VjOOQ IC
60
General Information: Owing to serious discrepancies in the number
of Ficus trees (only 45,000 being available for the Company
out of the 80,000 trees referred to in the prospectus, the
remaining 35,000 trees having been planted by the natives
through the forest), the Directors have considered it in the
interest of shareholders to decline to allot any part of the share
purchase consideration of 46,250 shares and to retain in their
hands the small balance of the cash purchase, and also to
withhold the call on 25,000 shares.
Financial year ends 31st March.
Annual Report issued about July.
Digitized by VjOOQ IC
61
DAEJAN (JAVA) RUBBER ESTATE, LIMITED.
Founded: April 1910.
Capital : £ 55,000.— in 2 sh. shares.
Issued: £43,000, fully paid.
Purchase Price : £ 28,000. — , together with the call at par during 5
years of the unissued capital of the Company. The Directors
have, however, reserved the right to call upon the Vendor
syndicate to exercise such option in whole or in part on receipt
of 60 day's notice.
Directors: C. H. Meares (Chairman), A. G. Angier, St. George A.
Showers, and S. W. DuttsoD.
Offices: Finners Hall 8 and 9, Austin Friars, London, E.C.
Estates: Dciejan I, II and III, and Gebel.
Total Area: 753 bouws = 1318 acres.
Situation : East-Java, residency of Eediri, division of Toeloeng Agoeng,
district of Kalangbret, about 11 miles from Ngoedjang raolway
st-ation.
Elevation varies from 800 to 2000 feet above sea-level.
Tenure : The lands are held under 75 years' leases from the Netherland
Indian Government, granted in the years 1897/98, at an annual
rental varying from /1.75 to /3. — per bouw.
Cultivation: When the estates were taken over, the plantations consisted
of:—
219 acres Ficus Rubber from 10 years down to 3 years.
17 „ Ceara Rubber, average 2 years old.
3 „ Para Rubber, newly planted.
262 „ Java Coflfee, average 12 years.
87 „ Robusta Coffee, average P/g years.
588 acres cultivated.
Production: It is the intention of the Directors to plant up consi-
derable areas with Hevea.
The 1910 — 11 crop up to May amounted to: —
2134 lbs. of Rubber.
11,220 „ „ CoflPee.
General Information : In order to meet the requirements of the Dutch
law the estates are held in the name of the " Djaej an Rubber
Maatschappij," registered in Amsterdam, with a capital of
of / 30,000.— in 6000 shares of /50.— each, the whole of
which was acquired by the present Company.
Financial year ends 30th June.
Digitized by CjOOQ IC
62
DELI-BATAVIA RUBBER MAATSCHAPPU-
Founded: April 1910.
Capital: / 5,000,000.— in shares of / 1000.— each.
Issued: / 2,000,000 fully paid (with a dividend of 4 pCt. per annum
guaranteed during four years).
Purchase Price: / 750,000.— (/ 150,000.— cash and / 600,000.— in
fully paid shares). The vendor Company, the "Deli Batavia
Maatschappij," has guaranteed a dividend of 4 pCt. on the
above issued capital for the years 1910, 1911, 1912 and 1913.
Managing Directors: M. J. Woortman Spandaw, and W. Geuken.
Members of the Board: Jonkheer F. H. Bicker, E. Luden, G. G. Th,
Stalmann, and E. H. de Vries.
Registered OfBce: Amsterdam, Keizersgracht 173.
Estates : Bander Negri (4223 bonws), Sarang Citing (3447 bouws), and
Dolok Oeloe (7080 bouws).
Total Area: 14,750 bouws = 25,820 acres.
Situation: East-Coast of Sumatra, resp. in the divisions of Badja Silau,
Deli and Simeloengan. The estates of Bandar Negri and Sarang
Citing are distant about 20 miles from the Galang railway
station and the Dolok Oeloe estate about 60 miles from the
Tebing Tinggi railway station.
Elevation of Bandar Negri 260 feet above sea-level.
Tenure: The lands are held under leases, resp. expiring in 1980, 1975
and 1982, from the Sultan of Serdang, confirmed by the Nether-
land Indian Government, at an annual rental of /I. — perbouw.
Cultivation: In December 1910 an area of about 1000 acres was under
rubber, planted with: —
144,712 Hevea trees in 1909/10 and
25,360 „ „ „ 1910
170,072 Hevea trees, interplanted with
232,830 Bobusta Coffee trees.
It was intended to plant an additional 650,000 Hevea trees
(viz. 250,000 on each estate) and to interplant all the rubber
with Bobusta Coffee.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. on the paid-up capital to shareholders.
And from the remainder:
10 „ to the Managing Directors together.
10 „ to the Meml^rs of the Board together.
15 „ to reserve fund.
65 „ to shareholders.
Financial year ends 31st December.
Annual Report issued about- May.
Digitized by VjOOQ IC
63
DELI MOEDA PLANTAGEN MAATSCHAPPIJ.
SOC. ANON. DES PLANTATIONS DE DELI MOEDA.
Founded: December 1909.
Capital: / 1,750,000.—, in 17,500 shares of /lOO.— each (and 17,500
profit shares).
Issued: /1, 750,000. — (fully paid). The shares are quoted on the Ex-
change in Antwerp.
Purchase Price: £80,000. — (partly in fully paid shares).
Members of the Board : L. Criquillon, P. Osterrieth, F. de Montigny,
A. G. N. Swart, L. Landau, J. W^gimont, and M. Lambotte.
Managing Director: Jos. van Lidth de Jeude.
Auditors : Hubert Elsen, P. Schul, A. de Parvillez, and E. de Hemptinne.
Registered Office: The Hague, Zeekant 99.
Manager's Office: 19 Kipdorp, Antwerp.
Estates: Deli-Moeda and Mata Pao.
Total Area: 7917 bouws (about 13,000 acres).
Situation : East-coast of Sumatra, division of Serdang, district Perbaoengan
at a distance of about 39 miles from the port of Belawan. The
estates are intersected by the railway to Belawan and comprise
three railway stations.
Elevation: about 40 feet above sea-level.
Tenure: The estates are held under 75 years' leases, dated October
1896, from the Sultan of Serdang, confirmed by the Nether-
land Indian Government, at an annual rental of / l.-r- per
bouw (about llVs^^ P^^^ acre).
Cultivation: In February 1910 an area of about 1000 acres was under
rubber and planted as follows: —
33,000 Hevea trees from 4 to 9 years old
85,000 „
»
* >l *^ M W
63,000
))
1 year old
5,000 Ficus „
»
8 to 9 years old
1,500 Funtumia „
»
2,6 „ „
187,500 trees.
The whole of the Rubber area is kept clean weeded.
The nurseries contained at that time about 250,000 Hevea
stumps, of which 60,000 were over 1 Yg years old. The intention
was to extend the rubber plantations up to about 2475 acres
with a total number of 450,000 Hubber trees, and to interplant
the rubber with approximately 1,000,000 Robusta Coffee bushes.
The plantations of tobacco comprised about 300 acres.
Digitized by
Google
64
Production: Tapping commenced in September 1909, and up the 31st.
December 1910 the output was 8961 Kilos (about 19,760 lbs.)
©f dry rubber, and in: —
1911.
January 1238 Kilos
February 1370 „
March 1450 „
The 1910 tobacc'o crop was 171,846 half Kilos.
Further estimates were made as follows: —
Rubber, Kilos. Coflfee, Kilos.
1911 18,000 —
1912 26,000 > —
1913 44,000 75,000
1914 71,000 240,000
1915 ..... 100,000 450,000
1916 175,000 450,000
1917 225,000 250,000
General Information: The allotment of profits has to take place as
follows : —
5 pCt. to reserve fund,
from the remainder: —
5 „ on the paid-up capital to shareholders,
1^/3 99 to each member of the Board,
1/3 yy to each auditor;
and from the balance:
60 „ to shareholders.
40 „ to holders of profit shares.
Financial year ends 31st December.
Annual Report issued about July.
Digitized by VjOOQ IC
65
DELI RUBBER MAATSCHAPPIJ.
Founded: January 1910.
Capital: / 1,000,000.— in 1000 shares of /lOOO.— each (and 100
profit shares).
Issued: / 500,000.— (fully paid).
Purchase Price: / 300,000.— (/ 100,000.— cash and / 200,000.— in
fully paid shares) and 40 profit shares.
Managing Directors : M. J. Woortman Spandaw, and W. Geuken,
Members of the Board : Jonkheer P .H. Bicker, H. J. de Lanoy Meyer,
E. H. de Vries, R. van Bomunde, and G. Stalmann.
Registered Office: Amsterdam, Keizersgracht 173.
Estates: Poeloe Tagor (713 bouws) and Bandar Baroe (1200 bouws).
Total Area: 1913 bouws = 3350 acres.
Situation : East-Coast of Sumatra, divisions of Deli and Serdang. The
Poeloe Tagor estate is about 5 miles distant from the Galang
railway station.
Elevation of Poeloe Tagor estate averages 110 feet, and of Bandar Baroe
estate 2600 feet above sea-level.
Tenure : The lands are held under 75 years' leases from the Sultans of
Deli and Serdang, confirmed by the Netherland Indian Govern-
ment, at an annual rental of /I. — per bouw.
Cultivation: The Poeloe Tagor estate was planted on 31st December
1910 with:—
80,150 Hevea trees
102,741 Liberia Coflfee trees.
114,506 Robusta „ „ ,
and the plantations of the Bandar Baroe estate comprised
at that date:
41,045 Hevea trees
288,062 Arabica Coflfee trees.
General Information: The allotment of profits has to take place as
foUows : —
5 pCt. on the paid-up capital to shareholders; and from the
remainder :
10 „ to the Managing Directors together.
10 „ to the Members of the Board together.
15 „ reservefund.
5 „ to holders of profit shares.
60 „ shareholders.
As soon as the reservefund has reached an amount equal to
the capital stock, the above 15 pCt. will be allotted to the
shareholders.
Financial year ends 31st December.
Annual Report issued about August.
Digitized by VjOOQ IC
66
DJABOON9 JAVA) RUBBER ESTATES, LIMITED.
Founded: April 1910.
Capital: £60,000.— in £1.— shares.
Issued: £52,000.—.
Purchase Price: £34,500.— (£32,000.— cash and £2500.— in fully
paid shares) with option to take at par at any time within three
years the whole or part of the unissued shares.
Directors: J. C. Sanderson, C. F. Deane-Drake, F. Ritchie, and
John Hay.
OfQces: 165 Fenchurch Street, London, E.G.
Estates: Djaboong, Soemberredjo I and Soemberredjo II.
Total Area: 756 bouws » 1324 acres.
Situation: East-Java, residency of Kediri, division of Blitar, district
of Wlingi, on the south-western slope of the Elawi-mountain,
about 17 miles from the Blitar railway-station, with which the
estates are connected by good roads.
Elevation varies from 1700 to 2200 feet above the sea-level.
Tenure: The lands are held under 75 years' leases direct from the
Netherland Indian Government, granted in the years 1879,
1881 and 1883, at an annual rental of /5 ^er bouw.
Cultivation : The following trees were planted upon the estates at the
31st March 1911:—
12,500 Ficus
15,000 CastiUoa
800 Manihot
trc
>es.
planted 1902j
„ 1902,
„ 1899
14,800
36,800 „
15,000
228 Hevea
3
19
19
„ 1909
„ 1910
„ 1911
„ 1899
36,330
J
9
„ 1910
131,458 Rubber trees.
There are also: —
813,000 Coca trees (620,000 bearing);
275,000 Cacao trees (250,000 bearing);
250,000 bearing Capoc trees,
30,000 Nutmeg trees (10,000 bearing);
4,000 bearing Kola trees,
5,000 „ Liberia Coffee trees;
40,000 „ Bobusta Coffee trees and
6,500 „ Java Coffee trees.
Digitized by VjOOQ IC
67
Production : The prospectus contains the following estimates of Rubber
yields : —
1910 2,816 lbs.
1911 3,245
1912 5,720
1913 9,240
1914 46,000
1915 65,000
1916 105,000
The actual output in 1910 amounted to 2673 lbs.
General Information : In order to meet the requirements of Dutch law
the estates are held in the name of the ''Djaboong Bubber
Maatschappij,'' registered in Amsterdam, with a capital of
/ 50,000.— in shares of / 1000.— , the whole of which was
acquired by the present Company.
Financial year ends 31 March.
Annual Report issued about end of June.
Digitized by VjOOQ IC
68
DJAMBI (SUMATRA) RUBBER ESTATES, LIMITED.
Founded: July 1910.
Capital: £60,000— in £1.— shares.
Issued: £42,500.— (12,500 vendor shares, fully paid, and 30,000 shares,
10 8. paid).
Purchase Price: £24,000.— (£6000.— in cash, £12,500 in fully
paid shares, and £ 5,500 in cash or shares at the option of
the Directors).
Directors: W. W. Green, A. T. Dale, and P. van Veen.
Secretaries and Ofiices: S. Morse & Co., 79-81 Queen Street, Cheapside,
London, E.C.
Estate: Djambi.
Area : 4000 bouws = 7000 acres.
Situation: East-coast of Sumatra, province of Deli, within three miles
from the port of Djambi, connected by regular sailings, twice
weekly, with Singapore and once a week with Batavia. The
property is on the government road from Djambi to Palembang.
Tenure : The land is held under 75 years' lease direct from the Nether-
land Indian Government. The lease was granted in 1909, at an
annual rental of /0.15 per bouw in the first year, rising in
the fifth year to /I. — per bouw.
Cultivation: A considerable area has been cleared and prepared for
Hevea Rubber. About 30,000 Hevea trees had been planted
at the time of the foundation of the Company, and it is estimated
that there are 50,000 Ficus trees ready for tapping. The Direc-
tors intend to plant: —
1910-11 70,000 Hevea trees.
1911-12 50,000 „
1912-13 50,000 „
1913-U 50,000 „ „
1914-15 60,000 „
making a total of 300,000 Hevea trees by the end of 1915.
Estimated Profits are given the prospectus as: —
1910-11 £12,000
1911-12 „ 18,000
1912-13 „ 20,000
1913-U „ 21.800
1914-15 „ 22,500
Financial year ends 30th June.
Digitized by VjOOQ IC
69
RUBBER EXPLOITATIE MAATSCHAPPIJ DJAMPANG.
Founded: February 1907.
Capital: / 300,000.— in 2000 shares of /lOO.— -, series A, and 1000
vendorshares of /1 00. — each, series B.
Purchase Price: 1000 shares, series B (see General Information).
Directors : J. J. W. van Bennekom (Managing), A. F. Marmelstein, and
K. F. van Swieten.
Registered Office: Batavia.
Estate: Tjigembong.
Area: 850 bouws (1490 acres).
Situation: West-Java, residency of Preanger Begentschappen, division
of Soekaboemi, district of Djampang Tengah, about 23 miles
distant from the Soekaboemi railway station.
Elevation varies from 2000 to 2300 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Netherland
Indian Government, granted in July 1907, at an annual rental
of /2. — per bouw.
Cultivation: According to the latest reports we could trace, the plan-
tations consisted of: —
38 bouws Ficus trees planted 1907/8
10 „ „ „ „ 1908/9
40 „ Hevea „ „ 1907/8
116 „ „ „ „ 1908/9
making a total area of 204 bouws (360 acres) under rubber at
the beginning of 1909. It was intended to extend the rubber
plantations up to 500 bouws (875 acres).
Production: Tapping should commence in 1912, and the revenue for
that year was estimated in the prospectus at: —
20,000 Kilos of Ficus Rubber (/ 60,000.—)
15,000 „ „ Para Rubber ( „ 60,000.—)
total 35,000 Kilos of Rubber . . . (,,120,000.—)
General Information: The allotment of profits has to take place as
follows :
No dividend will be paid on the 1000 vendorshares, series
B, until the dividends of various years paid on the 2000 shares,
series A, have reached a total amount of 100 pOt. of the paid-
up capital of the latter shares. After this the profits will be
distributed as follows: —
5 pCt. to the Managing Directors.
10 „ to other Directors together.
10 „ to the Estate Manager and his staff.
50 „ to holders of the shares, series A.
25 „ to holders of the shares, series B.
Financial year ends Slst December.
Digitized by VjOOQ IC
70
DJASINGA RUBBER AND PRODUCE COMPANY,
LIAUTED.
Founded: June 1910.
Capital: £500,000.— in £1.— shares.
Issued: £400,000.— (10 sh. paid).
Purchase Price: / 1,344,000 (£112,000.—) cash, with option to take
at par during 4 years 20,000 of the unissued shares.
Directors: A. Lampard, C. Denny, E. L. Hamilton, J. L. Burt, Noel
Bingley, and H. Eric MiiUer.
Secretaries and Offices: Harrisons «& Crosfield, Ltd. 49 — 51Eastcheap,
London, KC.
Estate: Djasinga.
Area: 23,630 bouws» 41,352 acres.
Situation: West-Java, residency of Batavia, division of Buitenzorg,
forming the south-western part of the Djasinga-district, about
12 miles from the Tjendo railway station.
Elevation varies from 250 to 6000 feet above sea-level.
Tenure: The land is freehold property. The ownership carries with it
certain Sovereign rights, amongst which the so-called "Heeren-
diensten."
Population: At the 31st December 1909 the population numbered
12,435 souls.
Cultivation: The present plantations comprise: —
Para Rubber, about 41/3 years old 175 acres
« « » 31/8 „ „ 210 „
>J Ji >i 2V2 yi a __1Z__"
Total Para Rubber ... 529 acres
Robusta Coffee, about 2^/^ years old 147 „
„ „ and Ficus rubber 108 „
Tea alone, 21/2 to 4Va years old 112 „
Ficus alone 190 „
Coffee Arabica 52 „
1,138 acres
Planted in Hevea and Robusta Coffee 1910/11 . . 1,930 „
„ Tea 1910/11 . . 470 „
3,638 ac res
And for native Rice fields are reserved about. . . 2,625 „
Digitized by
Google
71
Estimated Profits: On the cultivated area of 1138 acres alone, including
contributions of rice from the native population, the following
profits are estimated:-^
£ 7,233 for 1910/11
,,11,658 „ 1911/12
„ 13,958 „ 1912/13
The estimates as regards rubber are based at 3 s. per lb. profit
for the years 1911/12 and at 2 8. 6 d. per lb. for 1912/13.
General Information: In order to comply with the requirements of
Dutch law, the estate is held in the name of the " Cultuur Maat-
schappij Jasinga,'' registered in Batavia, with a capital of
/ 348,000.— in shares of / 2,000.— . ^The whole of these shares
was acquired by the present Company.
Financial year ends 30th June.
Annual Report issued as soon thereafter as possible.
Digitized by VjOOQ IC
72
DJEMBER RUBBER ESTATES, LIMITED.
Founded: February 1910.
Capital: £ 100,000.— in £ 1.— shares.
Issued: £95,000.— (25,000 vendor shares, fully paid, and 70,000
subscribers' sHares, 15 s. paid).
Purchase Price : £ 55,000.— (£ 30,000.— cash and £ 25,000.— in fully paid
shares). The vendors have also the option to take at par during
3 years 5000 unissued shares.
Directors: H. C. Hadfield, W. O. Burt, P. A. M. Cramer, and F. A.
Roberts.
Secretary and OflQces: Graham H. Sanders, 30 Moorgate street,
London, E.C.
Estates: Doerdjo I, II and III, Djanti, Tjoranongko, and Sentool
I, II and III.
Total Area: 1655 bouws=2900 acres.
Situation : East- Java, residency of Besoeki, division of Dj ember, district
of Rambipoedji, on the Southern slope of the Yang Mountain,
distant about 6 miles from Djember railway-station and seven
miles from the seaport of Fanaroekan.
Elevation varies from 400 to 2500 feet above sea-level.
Tenure : The lands are held under 75 years* leases from the Netherland
Indian Government, granted between the years 1882 and 1901
at an annual rental varying from /2. — to / 5. — per bouw
(about £ 490. — per annum).
Cultivation: In July 1909 an area of 1700 acres was under cultivation
with Rubber, Coffee, Tea and nutmegs, of which were planted : — -
851 acres with Hevea Rubber, 1 to 2V2 years old.
26 „ „ Ficus „ ,
20,000 Castilloa Rubber trees, about 5 years old.
7 acres with Tea.
100 nutmeg trees.
Tlie Rubber is interplanted with Java, Liberia, and Robusta
Coffee.
Production: The profits on Rubber (Hevea) and Coffee were estimated
as follows : —
Rubber. Coffee. Total.
£ £ £
1911 — 6,750 6,750
1912 — 10,500 10,500
1913 789 10,000 10,789
1914 4,422 12,000 16,422
1915 10,254 15,000 25,254
1916 18,929 12,000 30,929
1917 41,950 — 41,950
Te Ficus and Castilloa Rubber would also add to the above
profits.
Digitized by
Google
73
General Information: In order to comply with the requirements of
Dutch law, the estates are held in the name of the " Landbouw
Maatschappij Besoeki,*' registered in Amsterdam in 1900, with
a capital of / 456,250. — , all the shares of which are acquired
by the present Company.
Financial year ends 31st December.
Digitized by VjOOQ IC
74
DOLOK-BAROS CAOUTCHOUC- EN KOFFIE
CULTUUR MAATSCHAPPIJ.
Founded: June 1910.
Capital: / 600,000.— in 60,000 shares of /lO.— each, (besides 60,000
profit shares).
Issued: / 600,000. — , with a guaranteed minimum dividend of 5 pCt. per
annum for the first three years.
Purchase Price: / 500,000. — in fully paid shares. The vendors have
guaranteed a minimum dividend of 5 pCt. per annum in
respect of the years 1910/11, 1911/12 and 1912/13.
Directors: Ubald von Roll, C. Bruderer, and F. Bigler.
Registered Office: The Hague, Zeekant 99, (Scheveningen).
Office of Managing Director: F. Bigler, Mattenhofstrasse, Bern,
(Switzerland).
Estate: Dolok Baros.
Area: 763 bouws (1335 acres).
Situation: East-coast of Sumatra, division of Deli and Serdang, about
12 miles distant from the Arnhemia railway station.
Elevation: about 2400 to 2700 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Sultan of
Deli, confirmed by the Netherland Indian Government, expiring
in February 1979, at an annual rental of /I. — per bouw.
Cultivation: In April, 1910, there was an area of 350 bouws (615
acres) under cultivation, with
450,000 Arabica Coffee trees and
50,000 Hevea Rubber trees.
300,000 Coffee trees were in full production, and 150,000 Coffee
trees are entering into production in the course of 1911 and 1912.
The Rubber trees were planted in 1907/8 and will partly
enter into bearing in 1912. In the season 1910/11 an additional
30,000 Hevea trees have been planted and 20,000 Hevea trees
will be planted in the course of 1911, making a total of
100,000 Hevea trees, to be planted by the end of 1911.
Tapping will be started in 1912.
Revenues: The net revenue from Coffee amounted to / 50,000. — in
1910, and the crop for 1911 is estimated at 1200 piculs
(/ 50,000.— ).
General Information: The allotment of profits, after deduction of an
amount for reservefund, to be fixed by the Board of Directors,
has to take place as follows: —
5 pet. dividend to shareholders, and
5 „ (from the remainder) to the Board of Directors.
And from the balance: —
50 „ to shareholders, and
50 „ to holders of profit shares.
Financial year ends 31st March.
Annual Report issued about August.
Digitized by VjOOQ IC
75
DOLOK RUBBER ESTATES, LIMITED.
Founded: April 1910.
Capital: £200,000.— in 4 sh. shares.
Issued : £ 200,000.—, fully paid.
The shares are quoted on the Exchange in London and
Amsterdam.
Purchase Price: £110,000. — . The vendors have agreed to supply the
Company, free of expense, with 200,000 Hevea plants.
Directors: R. J. Hoffmann, Sir W. B. Hudson, W. Norfolk, H. A.
Schouten, and P. van der Steenstraten.
Secretary and Offices: W. P. Smith, 9 — 11, Fenchurch Avenue,
London, E.C.
Estates: Dolok, and Taloen Saragih I and II.
Total Area: 15,217 acres (of which 3000 acres sold).
Sale of Land: In 1911 the company sold an area of 3000 acres of
forest land for £ 12,000. — cash with the option to participate
in the new plantation.
Situation : East-coast of Sumatra, divisions of Batoe Bahraand Simeloengan,
districts of Soekoe Lima Poeloeh and Tanah Djawah, about 26
miles from Tebing Tinggi railway station.
Elevation of Dolok estate: about 160 feet above sea-level.
Tenure: The estates are held under 75 years* leases signed by the
Netherland Indian Government, in the years 1896, 1902 and
1908, renewable after expiration, at an annual rental of /I. —
per bouw (about ll^/^d. per acre).
Cultivation: Particulars of the plantations at the end of 1910 are: —
Hevea trees. Planted. Acres.
40,000 1906 400
5,000 1907 60
16,000 1908 177
4,000 1909 44
100,000 19 10 1111
165,000 Hevea trees 1792 acres.
Ficus trees: 4100 from 11 to 26 years old.
Cocoanut trees : 5000 from 5 to 14 years old (100 acres)
Cofifee trees: —
270,000 . . . from 6—17 years old.
12,000 ... 4 years old,
16,000 ... 2 „ „
8,000 ... 1 year old
34, 000 . . . newly planted.
340,000 Liberia Cofifee trees (1700 acres).
The Directors propose to plant an additional 2000 acres with
200,000 Hevea trees and 800,000 Cofifee bushes (of which were
planted up to 31st December 1910 about 100,000 Hevea trees
and 34,000 Cofifee bushes).
Digitized by
Google
76
Production: The prospectus gives th« following estimate of cropsi for
the next few years: —
Rubber (lbs.) Coffee (piculs).
1911 12,000 4500
1912 52,000 5000
1913 83,000 5000
19U 103,500 5000
1915 175,000 5000
It was reported that the rubbei^ crop for 1911 is expected
to show an increase of 3000 lbs. over the above estimate.
The annual revenue of cocoanuts is estimated at /5000. — .
Dividends: An interim dividend of V-j^ pCt. on account of the financial
year 1910 was paid in January, 1911, and it was reported that
a final dividend of 5 pCt. is expected to be declared in June
or July, 1911. The net profits for 1910 are reported to amount
to about / 200,000.—.
Digitized by VjOOQ IC
77
EASTERN SUMATRA RUBBER ESTATES, LIMITED.
Founded: April 1910.
Capital : £ 150,000.— in 2 sh. shares.
Issued: £121,500.— (165,000 vendorshares fully paid, and 1,050,000
shares 9 d. paid).
Dividends at the rate of 6 pCt. per annum on the amounts
for the time being paid up on the shares of this issue down
to the 30th June^ 1914, are secured by the deposit by the
Vendor Company of £ 20,000.—.
Purchase Price: £38,500.— (£22,000.— cash and £16,500.— in
fully paid shares).
The Vendor Company, the "Si-antar Sumatra Rubber Com-
pagnie," in consideration of the grant by the Company of an
option to subscribe at par between the 30th June, 1914, and
the 30th June 1917, for any number up to 150,000 shares in
the unissued capital of the Company, have agreed to deposit
the above mentioned sum with the Commercial Bank of Scotland,
Ltd. for the purpose of guaranteeing the said dividend of 6 pCt.
per annum.
Directors: F. B. Budgett, F. Copeman, W. F. de Bois Maclaren
(Chairman), J. H. Marinus, and J. C. Tate.
Secretary and Offices: Rubber Estate Agency; Ltd. 59, Eastcheap,
London, E.C.
Estates: Boekit Maradja.
Total Area : about 6000 bouws = 10,500 acres.
Situation: East-coast of Sumatra, division of Simeloengan, about 35
miles distant from the Tebing Tinggi railway station.
Tenure: The estate is held under long lease, from the Sultan of Siantar
and Toewan Bandar, confirmed by the Netherland Indian
Government, at an annual rental of /4200.— (£350. — ). The
leases have still 65 years to run.
Cultivation: It is the intention of the Directors to develop the estate
as a rubber plantation and to plant 1000 acres with Hevea
trees each year in 1910, 1911 and 1912, making in all 3000
acres planted up by the end of 1912.
With a system of wide planting, clean weeding and no catch
crops, it is expected that the trees will be ready for tapping
in 4 years from date of planting.
Guarantee Fund: Any amount drawn from this fund in respect of
the guarantee will be .repayable to the Vendor Company
without interest out of the surplus profits of the Company after
30th June 1914, over and above the sum required to pay a
dividend at the rate of 40 pCt. per annum, the amount to be
supplied for thi<3 purpose to be one-half of such surpus.
Financial year ends 30th June.
Annual Report issued about September.
Digitized by VjOOQ IC
78
EAST-JAVA RUBBER COMPANY LIMITED.
Founded: March 1910.
Capital: £80,000.— in £ 1.— shares.
Issued: £70,000.— fully paid.
Purchase Price: £48,670.— (£25,000.— in fully paid shares, and
£ 23,670 cash).
Directors : F. A. Roberts, T. Carritt, J. W. Lintner, and A. M. Lafone.
Secretary and Offices : G. E. Puckle, 138 Leadenhall Street, London, E.C.
Estates: Sengon I and II, and Boemie Ajoe.
Total Area: 2206 acres.
Situation: East-Java, division of Kediri, district of Wlingi and Gan-
doesari, on the Southern slope of Mount Kawi, and distant
about 8 miles from the Wlingi railway station, from whence
there is direct railway-communication with the seaport of
Sourabaya.
Elevation varies from 1400 to 2200 feet above sea-level.
Tenure: The lands are held under 75 years' leases from the Nether-
land Indian Government, granted respectively in the years 1878,
1884 and 1882, at an annual rental of /5. — per bouw for the
Sengon estates, and /3.50 per bouw for the Boemi Ajoe estate.
Cultivation: The number of Rubber trees on the combined estates is
given as follows: —
planted in Hevea. Castilloa. Ceara. Ficus. Total.
1901/6 - 31,400 4,000 10,900 46,300
1907/8 33,800 - 2,300 - 36,100
1908/9 62,000 - 7,200 3,400 72,600
1909/10 11,000 - - - 11,000
106,800 31,400 13,500 14,300 166,000
Robusta coffee is interplanted with most of the rubber on
1022 acres. There are also 193 acres of cocoa.
In 1910 — 11 an additional 755 acres were planted with Hevea,
Robusta and Java coffee trees, making a total cultivated area
of about 2100 acres.
Production: 5,1601bs. of Rubber were secured in 1910, and the estimates
of rubber crops for the next few years are as follows: —
1911 20,000 lbs.
1912 36,900 „
1913 76,000 „
General Information : In order to comply with the requirements of
Dutch Law the estates are held in the name of the *< Sengon
Java Rubber Trading Company", registered in Sourabaya, with
a capital of / 100,000.— in shares of /lOOO each, the whole of
which was acquired by the present Company.
Financial year ends 31st December.
Digitized by VjOOQ IC
79
THE FORTUNA (SUMATRA) RUBBER ESTATES, LIMITED.
Founded: April 1911.
Capital: £85,000.—, in 85,000 shares of £1.— each.
Issued: £45,000. — , of which 30,000 vendorshares fully paid, and
15,000 shares 4:S. 6 d. paid.
Debentures : £ 25,000. — 6 pCt. convertible Mortgage Debenture Stock,
in multiples of £5, have been issued, of which 50 pCt. paid,
and 50 pCt. payable 3 months after allotment. The interest is
payable half-yearly, on 30th June and 31st December.
Purchase Price: £40,000.— (£10,000.— cash and £ 30,000.— in fully
paid shares).
Directors : A. T. Dale, Major H. Vane Stow, F. Findlay, Ch. J. Dixon,
and H. van Heuckelom.
Secretary and Offices : E. Standing, 70a., Basinghall Street, London, E.C.
Estates: Fortuna Oeloe (100 bouws) and Simpang Kanan (4229 bouws).
Total Area: 4329 bouws (7585 acres).
Situation: East-coast of Sumatra. The Fortuna Oeloe estate is in the
division of Serdang, district of Bobogan, about 2 miles distant
from the lidah Tanah railway station; the Simpang Kanan
estate in the division of Tamiang, in the immediate vicinity of
Kwala Simpang and Soengey Raja Properties.
Elevation of Fortuna Oeloe estate is 50 feet, of Simpang Kanan estate 80
feet above sea-level.
Tenure : The Fortuna Oeloe estate is held under 75 years' lease, granted
by the Sultan of Serdang, and expiring in April 1972, at an
annual rental of /I. — per bouw; the Simpang Kanan estate
is held under 75 years* lease, dated June .1910, from the
Netherland Indian Government, at a total annual rental for the
first year of / 900. — , rising to the maximum rent in the eighth
and following years of /9000. — .
Cultivation : The whole area of 100 bouws of the Fortuna Oeloe estate
was planted, prior to February 1906, with 10,000 Ficus trees,
5 years old and upwards, which are ready for tapping. There
is also a number of mature cocoanut trees.
With regard to the Simpang Kanan estate, the Directors
propose clearing sufficient land each year to plant, at a distance
of 20 X 20 feet, 40,000 trees per annum, until the whole of
the estate is planted. About 70 bouws (123 acres) had been
cleared up to March 1911, and 50,000 Hevea stumps are in
the nursery.
Digitized by VjOOQ IC
80
Estimated Profits: A revenue of £3125 for 1911 is expected from
the Ficus plantations on Fortuna Oeloe estate, increasing in
1915/16 to £5000. — , after which year the Hevea trees, now
being planted, enter into bearing. The prospectus estimates that
further annual outputs and profits will amount to: —
Total profit
Para-rubber, incl. Ficus-returns.
lbs. £
40,000 10,000 in 1915/16
100,000 15,000 „ 1916/17
180,000 23,000 „ 1917/18
280,000 33,000 „ 1918/19
380,000 43,000 „ 1919/20
480,000 53,000 „ 1920/21
The above calculation is worked out at a profit of 2/- per lb.
General Information: In order to comply with the requirements of
Dutch law the estates will be vested in the name of a Dutch
Company, incorporated, under that law the whole of the shares
of which will be acquired by the present Company.
Digitized by VjOOQ IC
81
sociM:tM: franco.nM:erlandaise de culture et
de commerce.
Pounded: March 1908.
Capital: / 6,000,000. — , in 105 shares, series A, and 1095 shares,
series B, of /5000. — each, besides 60,000 profit-shares.
Issued: / 6,000,000.— (105 vendor shares fully paid, and 1095 shares,
series B, of which 360 shares are fuUy paid, and 25 pCt. has
been paid on the remaining 735 shares.
The shares are quoted on the Exchange in Paris.
Purchase Price: / 525,000. — in fully paid shares was paid for the
estates nos. 1, 2 and 3. The other lands were acquired since
the foundation of the Company, and the following purchases
were reported: —
/ 60,000. — for the estate Mattenggeng, and
„ 86,500. — „ „ estates Tjitesong and Tjipang Parang.
Directors: L. Cordonnier (Chairman), R. du BouUay, J. S. Girons
(Managing), Count J. d'Arlincourt, J. Bernard, E. Paix, E. Motte,
M. Tilloy, G. J. van Kooten, J. J. K. Enthoven, F. Leconte,
and L. Clerc.
Registered Office: The Hague, Noordeinde 186.
Office of Managing Director: Paris, 113 Rue Reaumur.
District.
Bandjar.
Estates :—
Name.
Bouws.
Residency.
1.
Rantjah Tapens.
. 443
Cheribon
2.
Tjisaga
. 822
>}
3.
TjHetoe ....
938
Preanger
4.
Goenoeng Mas .
. 1967
Batavia
5.
Goenoeng Bitoeng
653
Cheribon
6.
Mattenggeng . .
. 1200
Banjoemas
7.
Tjikasso ....
922
Preanger
8.
Tjitespong . . .
Tjipang Parang .
1890
»»
9.
1000
"
Djampfiuig Koelon.
Buitenzorg.
Rantjah.
Dajeuhloehoer.
Djampang Tengah.
Total Area: 9835 bouws = 17,220 acres.
Moreover the Company applied for many new concessions to
a total extent of more than 60,000 bouws, which were already
partly granted by the Netherland Indian Government.
Situation: The estates are all situated in West-Java in the above-
mentioned residencies and districts.
Elevation of Goenoeng Mas varies from 3500 to 5000 feet above
sea-level, and of the other estates 300 to 975 feet.
Tenure: Goenoeng Mas is freehold property. The other lands are all
held under 75 years* leases from the Netherland Indian
Government.
Digitized by
Google
82
Cultivation: Rubber, Tea, and Cocoanuts are grown on the estates.
Rubber, The estates Tjisaga, Rantjah-Tapens, Goenoeng
Bitoeng, Tjikasso, Mattenggeng and Tjipang Parang are appro-
priated for the growing of Rubber, and on the 30th April 1911
about 1650 bouws were planted with approximately 500,000
Hevea trees, viz: —
Planted. Hevea trees. Bouws.
1908/9 138,078 505
1909/10 122,124 400
1910/11 240,000 750
The Directors propose to oring the number of rubber trees
up to 1,500,000.
Tea is exclusively grown on the freehold property Goenoeng
Mas. On the 31st July 1910 an area of 197 bouws was planted
"" with 1,182,000 Tea-bushes, and 685 bouws were cleared and
partly ready for planting.
Cocoanut-trees are being planted upon the estates Tjiletoe,
Tjikasso and Tjitespong.
The programme of development for 1911/12 is as follows: —
3,750 hectares = 9,375 acres to be planted with Rubber,
2.250 „ = 5,725 „ „ „ „ „ Tea,
1,500 „ = 3,750 „ „ „ „ „ Coconuts.
Production: The Rubber trees and Tea bushes are expected to enter
into bearing in 1912/13.
General Information: The allotment of profits has to take place as
follows : —
5 pet. to a reservef und (until this fund has reached an amount
equal to half of the capital stock) or to other funds.
6 „ dividend to shareholders.
From the remainder: —
4 „ at the disposal of the Board for distribution among
the European staff of the Company.
10 „ to the Directors together.
And from the balance: —
60 „ to shareholders.
40 „ to holders of profit shares.
Financial year ends 31st December.
Annual Report issued in October.
Digitized by VjOOQ IC
83
FRANSCH-NEDERLANDSCHE KOLONIALE
CULTUUR MAATSCHAPPIJ.
Founded: October 1896.
Capital: / 400,000.— in 1600 shares of /250.— each, besides 3. profit
' shares.
Issued: / 367,000.— , fully paid.
Purchase Price: / 25,000. — in cash for the estate Pasir Oetjing, and
,,12,000.— (/7000.— cash, and /5000.— in fully
paid shares for the estate Tjileuntja.
/ 37,000.—
Directors : A. Wehry, G. Wehry, H. Thirria, F. W. Wilde, and P. Br^han.
Representatives at Batavia: Messrs. Geo Wehry & Co.
Registered OfEice: Amsterdam, Nieuwe Doelenstraat.
Branch Office: Paris, 16 Rue Raffet.
Estates: — Pasir Oetjing I & II 702 bouws.
Tjileuntja 467 „ .
Total Area: 1169 bouws = 2050 acres.
Situation: West- Java, residency of „Preanger Regentschappen", division
of Bandoeng, district of Radjamandala, distant about 5 miles
from the railway-station at Radjamandala on the main line to
Batavia, and 4 miles from the Rendeh railway-station on the
Krawang-line.
Elevation varies from 850 to 900 feet above sea-level.
Tenure : The lands are held under 75 years* leases from the Netherland
Indian Government, at an annual rental of /I. — per bouw.
Cultivation: At the end of December 1910 an area of 490 bouws
(860 acres) was under cultivation with approximately 253,000
Hevea trees, mostly old plantations, planted prior to 1907.
Production: Tapping of Rubber trees commenced in January 1909. The
production was: —
23,314 half Kilos Hevea Rubber for 1909,
81,603 „ „ „ „ „ 1910.
The estimated crop for 1911 is 160,000 half Kilos of Hevea
Rubber.
Dividends etc. The financial results for the last two years were as
follows: —
Dividend: Writing off;
in 1909 . . . 6 pCt. / 27,615.—
„ 1910 ... 26V3 „ „ 164,815.—
Digitized by
Google
84
General Information: The allotment of profits has to t^ke place aa
follows: —
6 pCt. on the paid-up capital to shareholders.
And from the remainder: —
10 „ to the Managing Director in Java.
5 „ to the other Directors together.
15 „ to the holders of profit shares.
10 „ to a reservefund.
60 „ to shareholders.
Financial year ends 31st December^
Annual Report issued about June.
Digitized by VjOOQ IC
85
PARA RUBBER CULTUUR MAATSCHAPPIJ "GADIES",
Founded: July 1910.
Capital: / 500,000.— in 5000 shares of /lOO.— each.
Issued: / 337,200.— .
Purchase Price: /1 37,200. — in fully paid shares.
Managing Directors; Messrs. Haakman & von Nordheim.
Members of the Board : T. A. F. de Bruine, A. W. Volz, I. C. Lapp,
A. Meyboom, and P. R. Hoorweg.
Registered Office: Batavia.
Estates: Gadies and Negerya.
Total Area: 6700 bouws= 11,725 acres.
Situation : South-Sumatra, residency of Lampongsche Districten, division
of Telok Betong, district of Tandjong Karang, about 7 miles
distant from the port of Telok Betong, with which the estates
are connected by good roads.
Elevation: 400 feet above sea-level.
Tenure: The lands are held under 75 years' lease direct from the
Netherland Indian Government, granted in January 1909, at
an annual rental of /I. — per bouw.
Cultivation: In 1910 about 200 bouws (350 acres) were planted with
Para Rubber and Robusta CojBfee.
Estimates: The prospectus gives the following estimate of expenditure
and income for the next six years: —
Expenditure. Income.
1910/11 / 58,380 —
1911/12 ,,53,700 —
1912/13 „ 81,400 / 40,000
1913/14 ,,31,600 ,,165,000
1914/15 ,,31,600 ,,315,000
1915/16 ,,31,600 ,,450,000
General Information: The allotment of profits has to take place as
follows : —
6 pCt. dividend to shareholders.
And from the remainder: —
55 „ to shareholders.
10 „ to a reserve fund.
10 „ to the Managing Directors.
15 „ to the Members of the Board.
10 „ to the Superintendent and European Staff.
As soon as the reservefund has reached the amount of
/ 50,000, the above 10 pCt. will be allotted to shareholders.
Financial year ends 31st December.
Annual Report issued before the end of June.
Digitized by CjOOQ IC
86
GALANG BESAR RUBBER PLANTATIONS, LIMITED.
Founded: May 1910.
920
))
1050
if
295
fi
50
«
Capital: £150,000.— in 2 8h. shares.
Issued: £131,000.—, fully paid.
Directors : Sir W. H. Treacher, R. M. Bell, J. H. Renton, T. L. Anderson,
P Lippens, Count H. van der Burch, and A. Mols.
Secretaries and Offices : Guthrie & Co., 5 Whittington Str., London, KC.
Estate: Galang Besar (Belgica, Hollandia, Brabantia and Zelandia).
Area: about 37,500 acres, 10553 acres of which are considered suitable
for Rubber cultivation. The estate comprises the whole island of
Galang Besar, exclusive of lands alienated for native holders.
Situation: Residency of Riouw, divi.sion of Tandjong Pinang, about 5^2
hours by steamlaunch from Singapore.
Elevation: 300 feet above sea-level.
Tenure : The land is held under 75 years' lease, signed by the Netherland
Indian Government in November 1901, at an annual rental of
about £ 333. — , increasing to / 1. — per bouw.
Cultivation: At the time of the foundation of the Company there was
a total area of 2465 acres under Para rubber, planted as follows : —
150 acres in 1905
„ 1906
„ 1907
„ 1908
„ 1909
2465 acres.
There are also 88 acres under cocoanuts, and 12,434 pepper ranks.
A further 500 acres is in course of being planted.
Production: The estimates of crops for the next seven years are as
follows : —
1910—11 30,000 lbs. of dry rubber.
1911—12 183,000 „ „
1912—13 401,050 „ „
1913—14 559,650 „ „
1914—15 808,600 „ „
1915—16 991,300 „ „
1916—17 1,078,150 „ „
The 1910 crop amounted to 12,501 lbs. of rubber, and the
output in 1911 was: — January. 3,700 lbs. Para rubber.
February 3,184 „ „ „
March. . 3,020 „ „ „
April. . 4,546 „ „ „
May . , 6.094 „ „ „
Total . .33.045 lbs. Para rubber.
General Information : The Company was formed for the purpose of
acquiring the whole of the share capital of the '* Galang
Exploitatie Maatschappij." .
Financial year ends 30th June 1910.
}i
Digitized by
Google
87
GLEN BERVIE RUBBER COMPANY, LIMITED.
Founded: September 1908.
Capital: £35,000.— in £1.— shares, increased to £50,000.— in
April 1911.
Issued: £30,055.—, fully paid.
Purchase Price: £12,000.— (£3000.— in cash and £9000.— in fully
paid shares, with option to take 5000 of the unissued shares
at par during 5 years, of which 55 have been exercised).
Directors : W. F. de Bois Maclaren, J. E. Mc. Cabe, J. C. Tate, and
Herbert Wright.
Secretary and Oflices : W. A. Lack, Mincing Lane House, Eastcheap,
Londen, E.C.
Estate: Glen Bervie L
Area: 1680 acres.
Situation : East-coast of Sumatra, division of Lower Langkat, about
8 miles distant from the port of Tandjong Foera.
Elevation: 70 feet above sea-level.
Tenure : The land is held under 75 years' lease, dated November 1897,
from the Sultan of Langkat, confirmed by the Netherland
Indian Government, at an annual rental of /I. — per bouw.
Cultivation: An additional 700 acres have been planted with Para
rubber during 1910, bringing the total planted area up to
1300 acres, and a further 300 acres will be planted in 1911.
The ages of the Rubber trees are: —
10,000 trees from 4-5 years old.
85,000 „ „ 2-3 „ „
105,000 „ under 2 „ „
200,000 Rubber trees.
The rubber is partly interplanted with Coffee.
Production: The crops harvested to 30th September, 1910, were: —
2969 lbs. Ficus rubber (5 s. llV^d. per lb.)
215 cwt. coffee (50 s. 7 d. per cwt.)
The rubber crop estimate for 1910-1911 is 7000 lbs. of rubber-
In 1911 a start will be made with the tapping of the young
Hevea trees.
Dividend of 5 pCt. was paid in December 1909, and 2 pCt. in
December 1910, on account of year ending 30th September 1910.
Financial year ends 30th September.
Annual Report issued in December,
Digitized by VjOOQ IC
88
NAAMLOOZE VENNOOTSCHAP
THE GLONGONG JAVA RUBBER ESTATES.
Founded: March 1911.
Capital: £15.000.—, in £l.— shares.
Issued: £15,000.—.
Purchase Price : £ U,990.— in fully paid shares.
Directors: C. E. C. Gentil (Managing), and W. F. C. Hamming.
Registered Office: Soerakarta (Java).
E^state: Glongong.
Area: 1435 bouws = 2510 acres.
Situation: Mid- Java, residency and division of Soerakarta, district of
Sawahan, distant about 5 miles from the rail way- station atKaliosso.
Elevation: 600 feet above sea-level.
Tenure : The land is held under usual lease from the Native Authorities,
ratified by the Netherland Indian Government, at a rental of
/2710. — per annum.
Cultivation: Hevea brasiliensis and Ficus elastica are grown on the
estate, besides Pepper, Coffee, Capoc and Cacao.
General Information: The allotment of profits has to take place as
follows : —
6 pCt. dividend to shareholders.
and from the remainder: —
10 „ to Managing Director.
5 „ to each of the other Directors,
and the balance to shareholders.
Financial year ends 31st December.
Annual Report issued about February.
Digitized by VjOOQ IC
89
RUBBER CULTUUR MAATSCHAPPIJ "GONDANG."
Founded: August 1909.
Capital: / 250,000.— in 1000 shares of /250.— each.
Issued : / 175,000.—.
Directors: J. D. W. Francken (Managing), Th. J. Azon Jacometti Hzn.,
J. A. H. Everard.
Registered Office: Sourabaya.
Estates: Soember Boeloes I, Ila en Ilia (Gondang).
Total Area: 995 bouws (1750 acres).
Situation : East-Java, residency of Besoeki, division of Djember, district
of Tangoel, about 5 miles from a railway station on the line
Probolinggo-Djember-Panaroekan.
Elevation: 1400 to 2000 feet above sea-level.
Tenure: The lands are held on^ 75 years' lease from the Netherland
Indian Government, granted in August 1892, at an annual
rental of /2, — per bouw.
Cultivation: The plantations comprise 620 bouws of Para Rubber*
interplanted with Robusta CoiFee.
General Information: The allotment of profits has to take place as
follows: —
10 pCt. to a reservefund.
5 „ to Managing Director.
5 „ to the Board of Directors.
80 „ to shareholders.
Financial year ends 31st December.
Annual Report issued about July.
Digitized by VjOOQ IC
90
HAYOEP (DUTCH BORNEO) RUBBER ESTATES, LIMITED.
Founded: April 1910.
Capital: £216,000— in £1.— shares.
Issued: £195,000.— ; fully paid.
Purchase Price: £127,500.—, payable as to £100.000.— in cash, and
£27,500. — in fully paid shares, and a call on the unissued
shares, at par, until 1st January 1913.
Directors: R. T. Byrne, J. Pratt, Prof. Dr. O. Warburg, and G. H.
Champion.
Secretaries and Offices: K. G. Shaw & Co., Winchester House, Old
Broad Street, London, E.C.
Estates: Hayoep I and II, and Tana Tabalong.
Total Area: 8302 acres.
Situation : South-East Borneo, division of Amoentai, district of Tabalong,
on the river Biam Kanan, about 160 miles from the port of
Banjermasin.
Tenure : The estates are held under 75 years' leases (dated Sept. 1904
and Febr. 1909) from the Netherland Indian Government, at
a total annual rental of /307.— for the whole area.
Cultivation: The planted area in December 1910 was approximately
3392 acres, viz: —
155 acres Para rubber, planted 1906-7
232
750
1137
647
768
650
)}
»
»
>i
1907-8
»
»
»
11
1908-9
acres
Para rubber
)i
Ficus
„ planted 1906-7
i>
»
)i
»
1907-8
»
>»
>>
)}
1908-9
acres
under rubber
))
»
coconuts
3202
3392 acres
Production: The estimates for the next seven years are: —
1911 5,000 lbs. of rubber.
1912 78,405
1913 213,000
1914 416,300
1915 713,100
1916 1,355,000
1917 1,786,800
General Information: In order to comply with the requirements of
Dutch law the estates are held in the name of a Dutch Company,
all the shares of which were acquired by the present Company.
Digitized by VjOOQ IC
91
INDISCHE RUBBER COMPAGNIE.
Founded: August 1909.
Capital: / 1,000,000.— in 1000 shares of /lOOO.— each.
Issued: /1, 000,000. — (with guaranteed dividend of 4 pCt. for 6 years).
Purchase Price: / 425,000. — in fully paid shares. The vendors guaran-
teed a dividend of 4 pCt. per annum for 6 years, and deposited
the necessary funds as security.
Managing Director: G. Zeehuisen.
Members of the Board : M. O. J. Glas, J. E. van der Linden, and
N. Mac Leod.
Registered OfQce : The Hague.
Estate: Tanah Radja.
Area: 4419 bouws = 7740 acres.
Situation: East-coast of Sumatra, division of Fadang and Bedagei,
district of Bedagei, distant about 5 miles from the Lidah Tanah
railway station, and one hour and a half by railway from
Medan, the capital of Deli.
Tenure: The land is held under 75 years* lease from the Sulan of Deli,
confirmed by the Netherland Indian Government. The lease
was granted in May 1902 at an annual rental of /I. — perbouw.
Cultivation: In May 1911, there was an area of 1032 bouws (1810 acres)
under Rubber, planted in January/May 1911 with: —
250,360 Hevea trees
1,761,000 Robusta Coffee bushes, as a catch crop
between the Hevea.
It is intended to plant in the same way an additional 500
bouws per annum in 1912 and 1913.
Estimated Revenues and Dividends: It is expected that the Robusta
Coffee will enter into bearing in 1912, and the Rubber in 1916.
The Directors estimate the profits and dividends as follows: —
from
from
Rubber.
Coflfee.
Dividend.
1910 . . .
1Q11
—
—
4 pCt. (guaranteed)
4.
XVXl. m •
1912 . .
/ 24,000
* )i »
4 „
1913 . .
—
„ 128,000
i „
1914 . .
—
, 160,937
4 „
1915 . . .
—
„ 167,188 .
4 „
1916 . . .
/ 225,000
„ 321,875
17 „ (estimated)
1917 . . .
„ 450,000
„ 146,875
82 „
1918 . . .
„ 618,750
„ 178,125
39 „
1919 . .
. ,,675,000
„ 109,375
41 „
Digitized by VjOOQ IC
92
General Information: The allotment of profits — after deduction of an
amount for increasing the working capital, to be fixed by the
General Meeting of Shareholders — has to take place as follows : —
6 pCt. dividend on the paid-up capital to shareholders.
10 „ from the remainder, to reservef und.
And from the balance: —
10 „ to the Managing Director.
12^8 » to the Members of the Board together.
21/9 „ to the Representative in Sumatra.
75 „ to shareholders.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
93
INDRAGIRI SUMATRA RUBBER AND GUTTA PERCHA
COMPANY, LIMITED.
Purchase Price: $160,000.—.
Directors : W. E. van Rijnberk (Chairman), H. Winkelmann, A. Diehn.
Secretaries and OfEices: Evatt & Co., The Arcade, Singapore, with
branch office in London, 39, Mincing Lane, E.C.
Estate: Soengei Lalah.
Area: 2156 bouws ■»• 3775 acres.
Situation: Riouw Archipelago, district of Indragiri.
Tenure: The land is held on long lease, ratified by the Netherland
Indian Government, and expiring in June 1972.
Cultivation: In March 1911 an area of 479 acres was under cultivation,
of which : —
191 acres under Para rubber, and
288 „ „ Getah pertjah.
The ages of the trees at that date were given as follows: —
15 Hevea trees, 13 years old.
1000
11 1 ^ 11 11
14,000
„ > sy, ., ,
10,000
11 1 4/2 „ „
10,000
11 1 3/2 „ „
10,000
11 1 2/2 „ „
45,015 Hevea trees.
5,000 Getah
pertjah trees, 12 years old.
20,000 „
11 11 5 „ „
20.000 „
11 11 * » 11
20,000 „
11 11 *^ 11 11
15,000 „
11 11 2 „ „
20,000 „
„ „ newly planted.
100,000 Getah
pertjah trees.
In April 1911 nurseries were laid out for 300,000 Hevea
Rubber seeds, and a further 300 acres will be cleared and
planted with Rubber trees at a distance of 18 by 18 feet.
Production: In March 1911 about 7000 Rubber trees and 4800 Getah
pertjah trees were being tapped.
The 1910 crop to October 1910 amounted to 4609 lbs. of
Rubber, of which 1900 lbs. were sold at an average price of
7 s. per lb.
The estimated yield for 1911 was: —
9000 lbs. of Rubber, and
9000 „ „ Getah pertjah.
Digitized by VjOOQ IC
94
The output in 1911 was: —
803 lbs. Rubber in January.
734 „ „ and 37 lbs. getah in February.
455 „ „ „ 76 „ „ „ April.
General Information: Negotiations with vendors were pending to
refund part of the purchase price owing to the number of trees
given in the prospectus being not in accordance with the
number reported to be planted on the estate. The vendors
o£fered to refund ( 50,000. It was adyised at a general meeting of
shareholders, held in Singapore in April last, to accept this offer.
Digitized by VjOOQ IC
95
THE INSULINDE (SUMATRA) RUBBER AND
TOBACCO ESTATES, LIMITED.
Founded: April 1910.
Capital: £100,000.— in £1.— shares.
Issued : £ 80,000.—, (13,000 vendor shares fully paid, and 67,000 shares
17 s. 6d. paid).
Purchase Price : £ 50,000.— (£ 37,000 cash, and £ 13,000 in fully
paid shares). The vendors have the option to take a par 20,000
shares for five years.
Directors: R. M. Bell, T. Carritt, J. W. Lintner, R. F. McNair Scott,
and R. Thiele.
Secretaries and Offices: Lintner & Co., Ltd., 18 Leadenhall Street,
London, E.C., with Branch Office in Amsterdam, Heerengracht 254.
Estate: Namoe-Oengas (Genteng).
Area: about 6600 bouws= 11,500 acres.
Situation: East-coast of Sumatra, division of Lower-Langkat, about 20
miles distant from the Tandjong Slamat railway station on the
line to Medan and the port of Belawan.
Elevation: 325 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Sultan of
Serdang confirmed by the Netherland Indian Government, granted
in May 1907, at an annual rental of £ 200 for 1910, £ 267
for 1911, and £334 for 1912 and after.
Cultivation: At the end of 1910 an area of about 580 acres was under
Para Rubber with: —
35,681 Hevea trees, planted 1908 (194 acres)
34,722 „ „ „ 1909 (213 „ )
20,000 „ „ „ 1910 (175 „ )
90,400 Hevea trees.
Robusta Coffee has been interplanted with the Rubber on
500 acres.
There are also 250 acres under Tobacco.
Production: The yields of Rubber are estimated at: —
8,920 lbs. for 1913
44,351 „ „ 1914
88,243 „ „ 1915
123,445 „ „ 1916
176,487 „ „ 1917.
Financial year ends 31st Octobsr.
Annual Report issued in January.
Digitized by VjOOQ IC
96
JAVA AMALGAMATED RUBBER ESTATES, LIMITED.
Founded: November 1909.
Capital: £175,000.— ia £ 1.— shares.
Issued: £ 140,000.— , fully paid.
Purchase Price : £ 90,466.— (£ 73,466.— in cash and £ 17,000.— in fully
paid shares), and the option to take at par during 6 years
6000 shares of the unissued capital.
Directors: H. Wright, T. J. Anderson, P. J. Burgess, F. Copeman
and F. W. de Bois Maclaren.
Secretary and Offices: W. A. Lack, Mincing Lane House, 59 East-
cheap, London, E.G.
Estates: a. Gloensing.
b. Poerwodjojo I, 11^ IVa, lYb.
c. Binangoen.
Total Area: 4000 acres.
Situation: a. East-Java, residency of Pasoeroean, division of Malang,
district of Gondanglegi;
b. East-Java, residency of Besoeki, division of Banjoewangi,
district of Rogodjampi, and
c. West- Java, residency of Preanger Regentschappen, division
of Soekapoera, district of Bandjar.
Elevation above sea-level: a. 1150-1600 feet; &. 600 feet, and c. 200 feet.
Tenure: The leases are held from the Netherland Indian Government
and date, on the average, from the year 1890. The total annual
rental is about £600. — .
Cultivation: Rubbev. At the end of 1910 an area of 3093 acres was
under Para Rubber, with approximately 350,000 Hevea trees
and 50,000 Castilloa and Ficus trees, particulars of which are
given as: —
47,175 Castilloa and Ficus, from 3 to 8 years old
132,000 Hevea „ 2 „ 4 „
60,000 „ „ 4 years old
22,200 „ „ 3 „ „
23,484 „ „ 1 year „
115,000 „ planted in 1910.
Coffee About 1852 acres of the Para Rubber have been
interplanted with Robusta CoflTee ; and 600 acres old Java Coflfee
plantation were interplanted with Rubber and are being gra-
dually uprooted. The Coffee bushes numbered about one million.
Digitized by
Google
97
Cacao, On 709 acres of Gloensing, about 139,000 Cacao
trees have been planted.
Cocoanuts and Hemp, There are about 192 acres under
Cocoanut palms on the Poerwodjojo estates, ranging from 4 to 5
years old, of which
5000 planted in ... . 1904.
6000 „ „ . . . . 1905.
About 200 acres of the Rubber on Poerwodjojo are inter-
planted with Manilla hemp.
Tapping commenced in the beginning of 1911. In April
8000 trees were being tapped, and this nummer is expected to
increase up to 40,650 trees during the present year.
Production : As anticipated, the crops for the past years have been
light, owing to a small area in bearing.
In 1910 about:—
500 lbs. of Castilloa.
183 cwt. of Coffee.
380 „ „ Cacao and
7 „ „ Pepper were harvested.
There will also be some revenue from Manilla hemp and caconuts.
The 1911 crop was estimated at: —
23,000 lbs of Rubber.
4,285 cwt. „ Coffee.
595 „ „ . Cacao.
General Information: In order to comply with the law of Java, the
estates have been vested in a Dutch Company, all the shares
of which are held by the present Company.
Financial year ends 31st December.
Digitized by VjOOQ IC
98
JAVA AND BORNEO COMPANY, LIMITED.
Founded: February 1910.
Capital: £150,000.— in£l.— shares.
Issued: £50,000.— fully paid.
Directors: J. S. Harmood-Banner, J. B. Wimble, Jas. Pratt, and W.
van Basten Batenburg.
Offices : Winchester House, London, E.O.
Estates: The Borneo concessions comprise an area of about 1200
square miles.
The Java-concessions consist of 49 concessions for Oil Explo-
ration in the Petroliferous districts of that island.
Situation of the Borneo concessions: Dutch South-East Borneo.
Tenure : The lands are held under 75 years* leases from the Netherland
Indian Government.
Cultivation: It is estimated that there are on the Borneo Concessions
about
100,000 Rubber trees from 9—25 years old,
90,000 Gutta Percha trees,
200,000 Iron wood trees,
besides a great number of inferior Gutta Percha trees.
There are also large quantities of Rattan, Cocoanut and
Cotton trees.
General Information : In order to meet the requirements of Dutch law
all the concessions are held in the name of the " Java en Borneo
Olie en Rubber Syndicaat," registered in Amsterdam in November
1909, with a capital of /1, 800,000, in shares of /1 2.-, the
whole of which was acquired or is controlled by the Java and
Borneo Company, Ltd.
Financial year ends 31st December.*
Digitized by VjOOQ IC
99
TAVA CAOUTCHOUC COMPAGNIE.
Founded: March 1906.
Capital: / 500,000.— in shares of /lOOO.— each.
Issued: / 500,000.— , fully paid.
Managing Directors: Messrs. Waller & Plate.
Members of the Board: P. B. A. Trivelli, G. J. H. C. van den Akker,
R. E. Bunge, F. A. C. J. Mohr, and J. J. P. vom Rath.
Registered Office: Amsterdam, Nieuwendijk 197/199.
Estates: Leuweung Belembang and Leuweung Kolot I and II.
Area: 1526 bouws (2670 acres).
Situation: West-Java, residency of Preanger Regentschappen, division
of Soekapoera, district of Band jar, distant about 3 miles from
the railway-station at Band jar.
Elevation: about 300 feet above sealevel.
Tenure : The lands are held under 75 years' lease from the Netherland
Indian Government, granted in November 1897, at an annual
rental of /I. — per bouw.
Cultivation: At the end of 1910 an area of 490 bouws (about 860 acres)
was under cultivation, viz:
87 bouws planted with Ficus and Castilloa trees,
403 „ „ „ Hevea trees.
An area of 34 bouws of the Hevea Rubber is interplanted
with Robusta Coffee, and 15 bouws with Coca.
Production: The 1910 crop was 652 kilos of Coca.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to reservefund, until this has reached an amount of
/ 100,000.— ,
6 „ dividend to shareholders; and from the remainder ^^
5 „ to the Managing Directors.
10 „ (at the utmost) to European staff in Java,
and the balance to shareholders.
Financial year ends 31st December.
Annual Report issued about July.
Digitized by CjOOQ IC
100
JAVA PARA RUBBER ESTATES, LIMITED.
Founded: April 1910.
Capital: £160,000.— in £1.— shares.
Issued: £130,000.—, fully paid.
Purchase Price: £95,000.— (£60,000.— cash and £35,000 in fully
paid shares).
Directors: Hon. E. Coke, F. Johnson, R. J, Hoffmann, J. van Lidth
de Jeude, and A. G. N. Swart.
Secretary and Offices: F. J. Asbury, Finsbury Pavement House,
London, E.C.
Estates : Wonokoyo c. a., and Ampel Gading.
Total Area: 1975 bouws = 3459 acres.
Situation: East-Java, residency of Fasoeroean, division of Malang,
district of Toeren, on the South-western slopes of Mount Smeroe,
about 4 miles distant from Dampit railway station, with which
the estates are connected by a good cart road.
Elevation varies from 1450 to 2450 feet above sea-level.
Tenure : The lands are held under 75 years* leases from the Netherland
Indian Government, renewable after expiration, at an annual
rental of about 6 sh. per acre.
Cultivation: A total area of 1355 bouws (2370 acres) is under cultiva-
tion with: —
276,000 Hevea trees.
10,000 Ficus trees, from 3 to 19 years old.
26,510 Castilloa trees, from 6 to 9 years old.
485,000 Java Coffee trees, from 11 to over 20 years old.
15,000 Liberia Coffee trees, over 6 years old.
250,000 Robusta Coffee trees, from 3 to 4 years old.
200,000 „ „ „ 2 „
150,000 „ „ „ 1 year „
685,000 „ » » under one year
40,000 Cinchona trees.
20,000 Cacao trees, in bearing.
Particulars of the Para Rubber are: —
25,000 Hevea trees, 31/3—51/3 years' old (April 1911).
75,000 „ „ 3 —31/3 „ „
98,000 „ „ 11/3 year „
78,000 „ „ under one year.
276,000 Hevea trees.
Digitized by VjOOQ IC
101
Production: The 1910 crop (from April to December) amounted to: —
2835 lbs. of Ficus Rubber.
8210 „ „ Castilloa Rubber.
393 piculs Java and Liberia Coffee.
462 „ Robusta Coffee.
12 „ Cinchona Bark.
4 „ Cacao.
10 „ Pepper.
300 Kilos Manilla hemp fibre.
General Information: In order to meet the requirements of Dutch
law the estates are held in the name of the " Wonokoyo Ampel-
gading Estates, Ltd.," registered in Sourabaya, with a capital
of / 1,920,000 in shares of / 10,000 each, the whole of which
was acquired by the present Company.
Financial year ends 30th June.
Digitized by VjOOQ IC
102
THE JAVA RUBBER AND PRODUCE COMPANY, LIMITED.
Founded: July 1906.
Capital: £50,000.— in £1.— shares.
Issued: £45,000. — , fully paid, a dividend of 4 pCt. is guaranteed by
the vendors on this issue, with guarantee of dividend as
mentioned below.
Directors: G. A. Talbot, H. K. Rutherford D. G. A. Reid, and
R. C. Wright.
Secretaries and Offices: Burt & Co., 41 Eastcheap, London, E.C.
Estates: Kalie Mrawan (542 bouws) and Soember Tenggoelon (450
bouws). In 1907 a further block of forest land was transferred
to the Company,
Total Area: 2115 acres.
Situation : East-Java, residency of Besoeki, division of Djember, districts
of Majang and Tanggoel, about 12 miles distant from the station
of Kalisaat on the railway to the port of Fanaroekan.
Elevation of Kalie Mrawan varies from 1000 to 1600 feet above
sea-level, and the altitude of Soember Tenggoelon estate is about
600 feet.
Tenure : The lands are held under 75 years' leases from the Netherland
Indian Government, respectively granted in May 1895 and May
1900 at an annual rental of /1.50 per bduw for Kalie Mrawan
and /4. — per bouw for Soember Tenggoelon.
Cultivation: At the end of 1909 an area of 1416 acres was under
cultivation, viz: —
876 acres under Para Rubber.
105 „ „ Castilloa Rubber.
262 „ „ Cacao (34,250 trees) with Coffee.
173 „ „ Java and Rpbusta Coffee.
Pepper has been planted to the extent of 48,833 sets of vines'
The Castilloa Rubber trees were mostly planted previous to
1906, and half of the trees are now tappable.
Particulars of the Para Rubber on separate clearings are: —
370 acres planted 1906/7 (new clearings)
156 „ „ 1906/7 (in old Coffee fields)
355 „ „ 1907/8 (new clearings)
88r
In 1909/10 part of the old Java Coffee trees were cut out
and replaced by Robusta trees.
Digitized by
Google
103
Production: The 1910 crop was estimated at: —
1200 piculs Java Coffee, and
600 „ Robusta „
Dividends: A dividend of 4 pCt. is guaranteed on the above issue by
the vendors for 4 years, and the payments to 31st. December,
1910, gave been duly paid on the capital subseribed.
General Information: In order to comply with the Dutch law the
estates continue to be held in the name of the dutch vendor
company, the „Maat8chappij tot Exploitatie van het Land
Kali Mrawan," registered in Sourabaja in 1896, with a capital
of / 270.000.—, in shares of / 1000.— each, the whole of which
was acquired by the present Company.
Financial year ends 31st December.
Annual Report issued in June.
Digitized by CjOOQ IC
104
JAVA RUBBER PLANTATIONS, LIMITED.
Founded: October 1907.
Capital: £45,000.— in £1.— shares.
Issued: £32,639.— , fully paid.
Purchase Price: £17,500.— (£11,500.— in cash and £6000.— in
fully paid shares).
Directors: F. Copeman (Chairman), J. C. Tate, H. Wright, C. G.
Ballingall, and W. F. de Bois Maclaren.
Secretary and Office: W. A. Lack, Mincing Lane House, Eastcheap,
London, E.G.
Estates: Soember Tengah 1 — IV.
Total Area: 1392 bouws = 2440 acres.
Situation: East-Java, residency of Besoeki, division of Djember, district
of Majang, about 8 miles distant from Sempolan railway station.
Elevation varies from 700 to 1100 feet above sea-Jevel.
Tenure: The lands are hold from the Netherland Indian Government
under 75 years' leases, granted respectively in the years 1887,
1905, 1902 and 1906, at a total annual rental of £ 208.— at
present, rising to £ 289. — in 1912.
Cultivation: The area under Hevea alone and interplanted was at
30th September 1910 about 1660 acres, viz: —
1906/7 100 acres Para and Coflfee
1907/8 560 „ „ „
1908/9 800 „ „ „
1909 . . . . . 200 „ „ „
1660 acres Para and Coffee.
About 400 acres were under Castilloa and Ficus, which are
being gradually replaced by Hevea.
The old plantations of Java Coflfee will be cut out. In the
season 1909/ 10 already 200,000 Java Coflfee bushes were uprooted and
replaced by Robusta. At the close of the planting season 1910/11
there were about 500,000 Robusta Coflfee bushes in the ground,
partly in bearing.
There are also 117,000 Cacao trees.
In September 1910 an area of 2072 acres was under cultivation.
Digitized by VjOOQ IC
105
Production ; The crops harvested during the years 1909/10 were as follows: —
Rubber 183 lbs. (Castilloa and Ficus)
Coffee 1417 cwts.
Cacao 218 „
Pepper 13^2 »»
The crop for 1910/11 is estimated at: —
Coffee 7000 cwts.
Cacao 450 „
The Directors expect to commence tapping of the Hevea trees
in 1912.
General Information: In order to comply with the Dutch law the estates
continue to be held in the name of the vendor Company, the
"Cultuur Maatschappij Soember Tengah," registered in The
Hague in April 1901, with a capitalof / 3 00,000.— in shares of
/lOOO. — , the whole of which was acquired by the present
Company.
Financial year ends 30th September.
Annual Report issued in December.
Digitized by VjOOQ IC
106
JAVA UNITED PLANTATIONS, LIMITED.
Founded: July 1909.
Capital : £ 200,000.— in £ 1.— shares.
Issued: £200,000.—, fully paid.
Purchase Price: £114,000.— (£66,666 in fully paid shares and
£47,334 in cash).
Directors: Hon. C. H. Strutt (Chairman), E. J. Hammond, F. H.
Hardcastle, C. E. Welldon, C. A. Koning.
Secretaries and Offices: Peek Bros, and Winch, Ltd., 20 Eastcheap,
London, E.G.
Estates: a. Baloeng, Kottok, and Rawatamboe.
b, Soember Pandan la, Y and Tjora Manggis (1000 bouws).
c. Goenoeng Goemitir, (932 bouws).
d, Garahan IVa (496 bouws).
e. Kali Klepoeh I and II, Kemiri II, Goenoeng Pasang la,
lb, II and III, Kepoetren I, and Kemiri I (1507 bouws).
Total Area: 24,062 acres (of which 393 bouws = 688 acres leasehold).
Situation: East- Java, division of Djember, districts of Poeger, Bondo*
wosso, Rambipoedji and Majang.
Elevation above sea-level is for the estates under: —
a. 50—100 feet,
I,, 1000—2500 feet,
c, 1600—2200 feet,
d, 2200 feet, and
e, 900—3000 feet.
Tenure: The estates under a., covering an area of about 17,200 acres*
are held under the usual leases from heads of native families^
for periods varying from 5 to 12 years, renewable by custom;
the other estates are all held under 75 years' leases direct
from the Netherland Indian Government, granted between
1892 and 1897 at an annual rental varying from /1.50 to
/3.50 per bouw.
Cultivation : The total area under rubber and oofifee on the 31st December
1910 amounted to 5415 acres, planted with: —
174,000 Hevea trees,
79,250 Ficus trees,
1,281,000 Robusta Coffee trees, planted 1908,
300,000 „ „ „ „ 1909,
219,000 „ „ „ „ 1910, and
1,600,000 Java Coffee trees (old plantations).
Digitized by VjOOQ IC
107
The particulars of the rubber are: —
Hevea trees. Ficus trees. Planted in.
800 5,000 1905/6
1,430 — 1906/7
40,800 48,000 1907
24,550 — 1907/8
15,420 21,250 1908/9
91,000 5,000 1909/10
174,000 Hevea trees. 79,250 Ficus trees.
The tobacco plantations comprise some 17,500 acres.
Production: The 1910 crop amounted to: —
1804 piculs of Java Coffee.
165 „ „ Robusta.
21,666 bales „ Tobacco,
leaving a net balance of profit of £3925. — which was carried
forward.
General Information : In order to comply with the Dutch law the estates
continue to be held in the names of the vendor Companies, viz : —
a. "Amsterdam Besoeki Tabak Maatschappij."
6. "Besoeki Rubber Compagnie."
c. Cultuur Maatschappij "Goenoeng Goemitir,"
d. „ „ "Garahan,"
e. „ „ "Kali Klepoeh Goenoeng Pasang,"
all registered in Djemb3r between the years 1903 — 1908.
All the shares of the above Companies were acquired by the
Java United Plantations, Limited.
Financial year ends 30th June.
Annual Report issued in October.
Digitized by VjOOQ IC
108
CULTUUR MAATSCHAPPIJ " KAHOERIPANJ
Founded: July 1906.
Capital: /1 00,000. — in shares of /500. — each. The company was
established with a capital of / 7 5, 000. — , which was increased
in 1908.
Issued: / 75,000.— .
Purchase Price: / 12,500. — in fully paid shares.
Directors : J. J. W. van Bennekom (Managing), and J. van den Broek
d' Obrenan.
Registered Office: Batavia.
Estates: Kahoeripan (223 bouws), Pangadjar (313 bouws).
Total Area: 536 bouws = 938 acres.
Situation: West-Java, residency of Preanger Regentschappen, division
of Soekapoera, district of Pasirpahdjang, about 6 miles distant
from the railway station at Manondjaja.
Elevation above sea-level averages 1350 feet.
Tenure: The lands are held under 75 years' leases from the Netherland
Indian Government, at an annual rental of /I. — per bouw.
The leases were granted respectively in December 1901 and
April 1894.
Cultivation: It was intended to grow Rubber on the estate.
General Information: The allotment of profits — eventually after
deduction of a percentage to the European staff — has to take
place as follows: —
6 pCt. dividend to shareholders.
From the remainder: —
10 „ to a reserve fund, until this has reached an amount of
/ 40,000.— .
10 „ to the Managing Director.
21/8 19 to each Member of the Board
And the balance to shareholders.
Financial year ends 31s\ December.
Annual Report issued about Augustus.
Digitized by VjOOQ IC
109
KALIDJEROEK RUBBER COMPANY, LIMITED.
Founded: April 1910.
Capital: £40,000.— in £1.— shares.
Issued: £30,000.—, fully paid.
Purchase Price : £ 25,000.— in cash.
Directors: J. L. Burfc, V. Wethered, G. B. Owen, and J. F. Anderson.
Secretaries and Offices: Burt & Co., 41 Eastcheap, London, E.C.
Estates: Kali Kadjar I - II, and Kali Djeroek I -III.
Total Area: 1768 acres.
Situation: East- Java, residency of Pasoeroean, division of Loemadjang,
district of Kanoelemongan, about 3 miles distant from the
railway station of Randoe-Agoeng.
Elevation varies from 600 to 1000 feet above sea-level.
Tenure : The lands are held under 75 years' leases from the Netherland
Indian Government, granted between the years 1893 and 1905,
and an annual rental varying from /I. — to /2. — per bouw
(about £ 127.—).
Cultivation: An area of 1351 acres is under cultivation with
13,000 Ficus trees, 4 to 9 years old.
70,602 Hevea trees.
499,847 Robusta Coffee trees (mostly in bearing),
besides old Java and Liberia Coffee trees.
Particulars of the Para Rubber are:
3,240 Hevea trees, 5 years old
14,187 „ „ 4 „ „
14,230 „ „ 3 „ „
2,695 „ „ 2 „ „
36,250 „ „ 1 year „
70,602 Hevea trees.
The Rubber is interplanted with Coffee.
Production: No particulars are available. The prospectus gives the
following estimates of profits: —
£ 8,750.- for 1911
,,10.735.— „ 1912.
General Information: In order to comply with the Dutch law the
estates are held in the name of the Vendor Company, the
Cultuur Maatschappij " Kalidjeroek," registered in Sourabaya,
with a capital of / 100,000.— in shares of / 1000, the whole
of which was acquired by the present Company.
Digitized by VjOOQ IC
no
KALI GLAGAH JAVA) RUBBER AND PRODUCE
COMPANY, LIMITED.
Founded: March 1910.
Capital: £65,000. — in 2 sh. shares, all issued and fully paid.
Purchase Price: £39,000.— cash.
Directors: T. Carritt, C. F. Deane-Drake, J. W. Hain, J. W. lintner,
and T. W. Simpson.
Secretaries and Offices: Lintner & Co., Ltd., 18 Leadenhall Street,
London, E.G.
Estates: Kali Glagah I, and Kali Doeren XL
Total Area: 488 bouws (852 acres).
Situation: East-Java, residency of Besoeki, division of Dj ember, district
of Tanggoel, about 4 miles from the Soember Bahroe railway
station.
Elevation varies from 350 to 500 feet above sea-level.
Tenure : The lands are held under 75 years' leases from the Netherland
Indian Government, granted in 1899/1900, at an annual rental
of /2. — and /2.50 per bouw (£112. — per annum).
Cultivation: At the end of 1910 the area under cultivation was 787
acres, planted as follows: —
Planted. Hevea trees. Coffee trees. Cocoanut trees.
Liberia. Robusta.
1905/6 387 110,119 817 14,200
1906 8,000 — 1,920 —
1906/7 4,049 13,669 5,688 180
1907 10,200 — 9,500 —
1907/8 1,264 — 13,203 —
1908 3,860 — 28,400 —
1908/9 10,970 — 46,183 620
1909 4,600 — 68,640 —
1909/10 . . . . 7,290 — 44,245 —
50,620 123,788 218,596 15,000
Production: The 1910—11 crop is estimated at:—
300 piculs Liberia Coffee and
1000 „ Robusta Coffee,
and is expected to leave a net revenue of £3225.
The first rubber-crop is expected in 1912.
General Information: In order to comply with the Dutch law, the
estates are held in the name of the " Maatschappij tot Exploi-
tatie van het Land Kali Doeren II," registered in The Hague
in 1909 (capital / 100,000. — ), and of a Company, registered in
Sourabaia, called the "Kali Glagah Estate, Ltd.," (capital
/ 400,000. — ). The entire share capital of those Companies was
acquired by the present Company.
Digitized by
Google
Ill
BANJOEWANGI-RUBBERMAATSCHAPPIJ
"KALI TELAPAK."
Founded: December 1909.
Capital: / 1,000,000.— in shares of / 1000.— each (and 48 profit shares).
Issued: / 500,000.— , fully paid.
Purchase Price: / 185,000.— (/ 113,000.— cash and / 72,000.— in
fully paid shares); besides 48 profit shares.
Managing Directors: Messrs. Geertsema, Feith & Co.
Members of the Board: V. C. Coster van Voorhout, T. Th. Gleichman,
A. W. F. Nieman, Otto Schrieke, and G. G. Schrieke (Deputy
in Java).
Registered Office: Amsterdam, Keizersgracht 571.
Estates: Kali Telepak (Poerwodjogo III, IVc, V and VI).
Total Area: 1523 bouws = 2665 acres.
Situation: East- Java, residency of Besoeki, division of Banjoewangi,
district of Rogodjampi, about 8 miles distant from Kempit
railway station, with which the estates are connected by good roads.
Elevation varies from 325 to 650 feet above sea-level.
Tenure : The lands are held under 75 years' lease from the Netherland
Indian Government at an annual rental of /I. — per bouw.
Cultivation: An area of 448 bouws is under Para Rubber, of which
particulars are given as: —
2 bouws, planted 1905/6,
8
17 „
, 1906/7,
58 „
1908/9,
38 „
, 1908/9,
102 „•
„ 1909/10,
23 „
„ 1909/10,
50 „
„ 1910/11,
150 „
„ 1910/11,
interplanted with Robusta-Coffee.
„ „ Manilla hemp.
„ „ Robusta-Coflfee.
» >» » »
„ „ Manilla hemp.
II 11 If 11
„ „ Robusta-Coflfee.
448 bouws (785 acres), planted with 67.718 Hevea trees.
In 1911/12 an additional 150 bouws will be developed and
planted with Para Rubber.
Production: The 1910 crop consisted of: —
70 piculs Robusta Coflfee.
166,750 kilos Manilla hemp.
The Coflfee realised / 33.50 per picul and the Manilla hemp
/ 286.50 per ton.
The production for 1911 is estimated at: —
600 piculs of Robusta Coflfee.
200 tons of Manilla hemp.
Digitized by
Google
112
General Information: The allotment of profits has to take place as
follows : —
5 pCt. dividend to shareholders; and from the remainder: —
5 „ to the Managing Directors.
5 „ to the Deputy of the Board in Java.
12 „ to the Members of the Board.
6 „ to holders of profit shares.
60 „ to shareholders.
12 „ to the reservefund.
Financial year ends 31st December.
Annual Report issued about June,
Digitized by VjOOQ IC
113
CAOUTCHOUC CULTUUR MAATSCHAPPIJ « KALITENGAH/'
(SOCltTt DE CULTURE DE CAOUTCHOUC ^KALITENGAH")
Founded: March 1910.
Capital: / 2,000,000.— in shares of /lO.— each.
Issued: / 1,200,000.— , fully paid.
Purchase Price: /1. 000,000. — in fully paid shares, with the option to
take at par during 10 years the unissued shares.
Directors: C. Engeringh (Managing), P. Osterrieth, H. Laloux, Ch.
Pierre, J. Bernard, A. G. N. Swart, L. van den Bosoh, and
L. Donnet.^
Technical Adviser: Prof. Dr. P. van Romburgh.
Registered Office: The Hague, Zeekant 99 (Scheveningen).
Office of Managing Director : Paris, 20 rue Laffitte.
Estates: Kalitengah I and II.
Total Area: 8U bouws (1425 acres).
Situation : East-Java, residency of Besoeki, division of Djember, district
of Tanggoel, about 6 miles distant from the Tanggoel railway
station.
Elevation varies from 1200 to 1800 feet above sea-level.
Tenure : The lands are held under 75 years' lease from the Netherland
Indian Government, granted in March 1899, at an annual
rental of /3. — per bouw.
Cultivation: In December 1910 an area of 628 bouws was under culti-
vation, planted with approximately: —
151,000 Hevea trees.
6,000 Ficus „ (planted in 1909).
510,000 Robusta Coflfee trees.
The particulars of the Para Rubber are:-
32,000 Hevea trees,
planted April
1907
2,000
a
9)
)»
in
1907
50,000
>»
>J
»>
»
1907/8
45,000
»
»
»»
»
1908
22,000
a
If
})
»>
1909
151,000 Hevea trees.
The Directors propose to extend the plantations up to 190.000
Hevea trees and 625.000 Robusta coffee trees.
Production: Part of the Robusta Coffee trees are now entering into
bearing, and for 1911 a yield of 1000 to 2000 piculs is expected.
General Information: The allotment of profits, after deduction of an
amount, to be fixed by the Board, for reservefund, has to take
place as follows: —
5 pCt. dividend to shareholders; and from the remainder: —
15 „ to the Board of Directors.
85 „ to shareholders.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
114
KAPOEWAS RUBBER COMPANY, LIMITED.
Founded: February 1910.
Capital: £100,000.— in £1.— shares.
Issued: £80,000.— (40,000 vendor shares, and 40,000 shares 15 s. paid).
Purchase Price: £40,000. — in fully paid shares, with option to
subscribe at par for 20,000 shares during a term of 4 years.
Directors: H. C. Hadfield, J. L. Burt, T. C. Curwen, and J. E. A.
Dick-Lauder.
Offices: 30 Moorgate Street, London, E.G.
Estates: Dekan (22,000 acres), Mandor (217 acres) and Mengkaloo
(2200 acres).
Total Area: 24,417 acres.
Situation : West-Borneo, division of Pontianak, districts of Sangau and
Sekadau, on the river Kapoewas. The main estate Dekan is
about 150 miles from the port of Pontianak, higher up the river,
and Mengkaloo is situated 70 miles further up the same river.
The Mandor estate is situate right at Pontianak.
Tenure: The lands are held under 75 years' lease, confirmed by the
Netherland Indian Government, at an annual rental of about
£ 260.—.
Cultivation: At the end of December 1910 an area of 1450 acres was
under Rubber and planted with: —
300 Hevea trees 71/2 years old.
34,410 „ „ 4
58,570 „ „ 3
17,600 „ „ 2
11,470 „ „ 11/2-2
14,640 „ „ 1
20,630 „ „ under 1 year.
157,620 Hevea trees.
It is intended to plant on the Dekan estate during 1911 an
additional 80,000 Hevea trees.
Production: Tapping has begun, and the estimated production of Rubber
for the next few years is: —
10,000 lbs. for 1911/12.
80,000 „ „ 1912/13.
180,000 „ „ 1913/14.
General Information: In order to conform with the Dutch law, the
estates are held in the name of a local Company, called
"Kapoewas Rubber Cultuur- en Handel Maatschappij", registered
in Pontianak, with a capital of / 960,000. — , a]l the shares of
which are held by the present Company.
Financial year ends 31st December.
Annual Report issued about May.
Digitized by VjOOQ IC
115
KASINTOE RUBBER ESTATES, LIMITED.
Founded: March 1910.
Capital : £ 120,000.— in £ 1.— shares.
Issued: £110,000.— fully paid.
Purchase Price: £71,000 in cash.
Directors: W. Hilliers, C. C. McLeod, R. N. G. Bingley, and
F. Worthington.
Secretaries and Offices: Bowley, Davies and Co, 27 Mincing Lane,
London, E.C.
Estates: Tjikasintoe I and II (923 bouws), and Tjirantja I— V (899 bouws).
Total Area: 1822 bouws = 3190 acres.
Situation: West-Java, residency of Preanger Begentschappen, division
of Soekaboemi, district of Djampang Tenggah, about 35 miles
from the Soekaboemi railway station.
Elevation : 800 feet above sea-level.
Tenure: The lands are held under 75 years' lease from the Netherland
Indian Government, granted in July 1899, at an annual rental
of /I. — per bouw.
Cultivation: An area of 2,350 acres is under cultivation with: —
102,850 Hevea trees, planted in 1907.
325,190 „ „ „ „ 1908.
960 „ „ „ „ 1909.
429,000 Hevea trees.
Production: The Rubber crops for the next years are estimated at: —
1,250 lbs. in 1911.
6,366 „ „ 1912.
50,200 „ „ 1913.
135,500 „ „ 1914.
258,000 „ „ 1915.
416,000 „ „ 1916.
General Information: In order to comply with the Dutch law, the
estates are held in the name of a Company, registered in Batavia,
called " The Tjikasintoe Rubber Estates, Ltd.", with a capital
of / 1,440,000. — , in shares of /12.— , the whole of which was
acquired by the present Company.
Digitized by VjOOQ IC
116
KAWIE GAVA) RUBBER ESTATES, LIMITED.
Founded: February 1910.
Capital: £75,000.— in £1.— shares.
Issued: £68,000.—, fully paid.
Purchase Price : £ 49,000. — in cash.
Directors: T. Carritt, R. F. McNair-Scott, J. W. Lintner, F. A. C.
Mohr, and R. S. N. Bingley.
Secretaries and OfHces: Lintner & Co., Ltd., 18 Leadenhall Street,
London, E.C.
Estates: Banaran I and II, and Branggah I and II.
Total Area: 1245 bouws = 2180 acres.
Situation: East-Java, residency of Kediri, division of Blitar, district
of Wlingi, on the South- Western slopes of Mount Kawi, about
7 miles from the Wlingi railway station.
Elevation varies from 1250 to 2100 feet above sea-level.
Tenure: The lands are held under 75 years' leases from the Netherland
Indian Government, granted between the years 1879 and 1883,
at an annual rental of /5. — per bouw (£525. — ).
Cultivation: At 31st December 1910 there was an area of 1881
acres under cultivation, planted with Hevea and Ficus rubber,
Java, Liberia and Robusta Coffee, Cacao and Nutmegs.
Particulars of the Hevea trees are: —
83,000 planted in 1907.
58,000 „ „ 1908.
22,500 „ „ 1909/10.
163,500 Hevea trees.
The Robusta coffee plantations comprise: —
206,000 trees, planted 1907
317,000 „ „ 1908
151,000 „ „ 1909/10
674,000 Robusta trees.
Production: It is expected that the Hevea trees, planted in 1907, will
for the greater part be ready for tapping in 1912. The Rubber
returns are estimated at : —
41,500 lbs for 1912.
112,000 „ „ . 1919.
182,500 „ „ 1914.
253,000 „ „ 1915.
General Information: In order to comply with the Dutch law the
estates are held in the name of the " Kawie Cultuur Maatschappij,"
registered in Amsterdam, with a capital of / 200,000. — in
shares of /1 000. — each, the whole of which was acquired by
the present Company.
Digitized by
Google
117
KEBONSO RUBBER ESTATES, LIMITED.
. Founded: June 1910.
Capital: £120,000.— in £1.— shares.
Issued: £105,000.— (12,500 vendor shares fully paid, and 92,500 shares
15 s. paid).
Purchase Price: £65,000.— (£52,500 cash, and £12,500 in fully
paid shares), and the call at par for four years of 15,000 shares.
Directors : Harry Wallis, J. C. Sanderson, J. A. Spence and F. Clifford.
Secretaries and Offices: Spence, WftUis & Co., 17 Philpot Lane,
London, E.C.
Estates: Tambak, and Kebonso.
Total Area: 1250 bouws = 2187 acres.
Situation : Mid-Java, residency of Soerakarta, division of Bojolali, district
of Modjosongo, about 8 miles from the Delangoe railway station,
on the Eastern slope of Mount Merapi.
Elevation: 1200 feet above sea-level.
Tenure: The estates are held under lease from the Heads of Native
families, confirmed by the Netherland Indian Government.
The leases are renewable after expiration for periods not
exceeding 30 years.
The total rental amounts to about £833. — per annum.
Cultivation: In June 1910, when the estates were take over, the
plantations consisted of: —
35,000 Ficus trees, 6 to 8 years old,
75,000 Castilloa,, 5 „ 8 „ „
75,000 „ „ 1 „ 4 „ „
500 Hevea trees (proof plantation),
250,000 Robusta Coffee trees, 1 to 8 years old,
80,000 Liberia „ „ in bearing,
100,000 Cacao trees, 4 to 25 years old,
130,000 „ „ 1 „ 4 „ „
80,000 Capoc trees, one-third producing,
100,000 Piepper plants, partly producing,
4,500 young Cocoanut trees,
4,000 Citronella plants.
Production : The Rubber crops for the next few years are estimated at : —
107,211 lbs. for 1911.
146,755 „ „ 1912.
185,182 „ „ 1913.
224,687 „ „ 1914.
General Information: In order to comply with the Dutch law, the
estates continue to be held in the name of the former owners, the
Cultuur-Maatschappij " Dick I," which Company was registered
in Java in 1907, with a capital of / 100,000. — in shares of
/ 1000. — each, which were aU acquired by the present Company.
Digitized by
Google
118
RUBBER CULTUUR MAATSCHAPPIJ "KENDENGLEMBOE."
Founded: August 1909.
Capital: / 1,400,000.— in 1400 shares of /lOOO.— each.
Issued: / 700,000. — . At the annual general meeting of shareholders,
held in June 1911, the Directors were authorized to offer for
subscription / 200,000 — of the unissued capital.
Purchase Price: / 284,767.38 (/ 150,000.— in fully paid shares, and
/ 134,767.38 in cash).
Managing Director: J. E. Veltman.
Members of the Board : J. Van Hoboken Azn., C. Vermeer, B. W.
van Vloten, D. Birnie (Java), and M. Sanders (Java).
Registered Office: Amsterdam, Heerengracht 416.
Estates : Anim Sand IX and X (1054 bouws), and Alas Namsob III-VII
(2229 bouws). Anim Sand VII and VIII (957 bouws), acquired
in 1910.
Total Area: 4240 bouws (about 7400 acres).
Situation: East Java, residency of Besoeki, division of Banjoewangi, district
of Bogodjampi, about 4 miles from the Kempit railway-station.
Elevation varies from 650 to 1000 feet above sea-level.
Tenure : The lands are held under 75 years' leases from the Netherland
Indian Government, granted in 1898, at an annual rental of
/I. — per bouw.
Cultivation : At the end of December 1910 the plantations consisted of: —
32,972 Hevea trees, planted 1907/8
14,854 „ „ „ 1908/9
9,818 „ „ „ 1909/10
70,000 „ „ „ 1910/11 (notquitefinished)
Total 127,644 Hevea trees (500 bouws).
94,687 Bobusta Coflfee trees, planted 1907/8
63,943 „ „ „ „ 1908/9
72,543 „ „ „ „ 1909/10
about 450,000 „ „ „ „ 1910/11.
Total 681,173 Bobusta Coffee trees, planted among the Bubber.
The intention is to plant in addition in 1911: 500 bouws.
Production: The 1910 Coffee yield amounted to 1595 piculs. The first
Bubber crop is expected in 1912.
General Information: The allotment of profits has to take place as
follows : After deduction of a percentage for the European staff
on the estates, to be fixed by the Directors, shareholders will
receive to 6 pCt. dividend; and lOpCt. from the remainder will
be set apart for a reservefund, until this has reached 25 pCt.
of the capital stock. From the balance will be distributed: —
7V3 pCt. to the Managing Director.
171/3 „ to the Members of the Board together,
75 „ to shareholders.
Financial year ends 31st December.
Annual Report issued before September.
Digitized by
Google
119
KOLONIALE RUBBER CULTUUR MAATSCHAPPIJ.
Founded: March 1910.
Capital: / 2,000,000.— in 2000 shares of /lOOO.— each.
Issued: / 1,000,000.—, fully paid.
Purchase Price: / 770,000. — in cash.
Managing Director: J. H. Fock Jr.
Members of the Board : P. A. van den Ber^, A. G. Ellis, H. J.
Hoogeveen, J. Reysenbach, and G. M. den Tex.
Registered Office: Amsterdam, Singel 132.
Estates: Alas Bandoeng Kidoel, Alas Bandoeng Lor, and Alas Dono-
warie Wetan.
Total Area: 1568 bouws := 2744 acres.
Situation: East-Java, residency of Pasoeroean, division of Malang,
district of Senggoro, about 9 miles distant from the Ngebroek
railway station.
Elevation varies from 1350 to 1600 feet above sea-level.
Tenure : The lands are held under 75 years' lease from the Netherland
Indian Government, granted in September 1883, at an annual
rental of /4. — per bouw.
Cultivation: The cultivated area at the end of 1910 was 1257 bouws
and at that date the plantations comprised: —
317,351 Hevea BrasiHensis trees.
184,517 Ceara Rubber trees.
20,079 Ficus Elastica trees.
13,347 Castilloa trees.
7,979 Manihot Dichotoma trees.
1,363,300 Robusta Coflfee trees.
557,330 Java Coffee trees.
133,444 Liberia Coffee trees.
8,209 Quillon Coffee trees.
5,587 Canephora and other Coffee trees.
The Pepper and Cacao plantations are gradually removed, be-
cause their production will not be of much importance in the
future, and these trees moreover interfere with the growth of
the other plantations.
The ages of the Hevea trees at that date were approximately
as foUows:
300 Hevea trees, about 4 years old,
73,000 „ „ , „ 3 „ „
6,500 „ , , „ 2 „ „
100,000 „ „ , „ 1 „ „
137,500 ,. „ planted in 1910.
Digitized by VjOOQ IC
120
The details of the Robusta Coffee are:—
130,000 Robusta trees 4 and 3 years old
520,000 „ „ 2 years old
450,000 „ „ 1 year „
263,300 „ „ planted in 1910.
1,363,300 Robusta trees.
Production: The 1910 crop amounted to: —
275 lbs of Rubber
987 piculs „ Coffee
323 „ „ Pepper
5 bales „ Cacao.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. dividend to shareholders; from the remainder:—
15 „ to reservefund, until this has reached an amount equal
to 25 pCt. of the capital stock ; and from the balance :—
10 „ to the Managing Director.
15 „ to the Members of the Board.
75 „ to shareholders.
Financial year ends 31st December.
Annual Report issued about May.
Digitized by VjOOQ IC
121
KWALOE RUBBER ESTATES, LIMITED.
Founded: February 1910.
Capital: £150,000.— in £ 1.— shares.
Issued: £135,000.— (25,000 vendor-shares fully paid, and 110,000 shares
12/6 paid).
The vendors have guaranteed a dividend of 6 pCt. per annum
for 5 years on £ 110,000.—
Purchase Price : £ 50,000.— (£ 15,000.— in fully paid shares, £ 30,000.—
in cash, and £5000. — in cash or shares, with the option to
subscribo for 25,000 shares at par during 5 years.
Directors: R. J. Hoffmann, L. F. Boustead, A. J. Farquharson, A. J.
Gordon Field, and Oscar Grosslicht.
Secretaries and Offices: J. A. Henderson & Co., Ltd., 1 East India
Avenue, London, E.C.
Estates: 1. Ayer Natas Soedari . . . about 7500 acres.
2. Si Mengalam „ 2000 „
3. Tanjong Pasir „ 5000 „
4. Sialang Poelau Paneh . . „ 3500 „
Total Area: About 18,000 acres.
Situation : East-coast of Sumatra, division of Asahan, district of Kwaloe,
on the Kwaloe river. The estates have good communication
(6 hours by steam-launch) with the port of Tandjong Balei,
from whence there are frequent sailings to Deli, Penang and
Singapore.
Tenure: The lands are held under 75 years' lease (dated June 1898)
from the Sultan of Asahan, ratified by the Netherland Indian
Government, at an annual rental of /I. — per bouw (about
IP/g ^' V^^ acre).
Cultivation : Estates nos. 1 and 3 have been drained and laid out with
dykes and roads, and 5775 acres have been formerly planted
with tobacco.
Estate no. 2 is used at present by the natives for the
cultivation of Rice.
Estate no. 4 is virgin jungle land.
In 1910 were planted 600 acres with about 65,400 Hevea
trees. The directors propose to plant an additional 600 acres
each year for four years.
Estimated Returns: No returns are expected until 1912.
Rubber is estimated to produce £5100 in 1915.
Dividends: A dividend of 6 pCt. per annum for 5 years on £ 110,000. —
•is guaranteed by the Vendors. This dividend is payable in half-
yearly instalments, on 30th June and 31st December, to terminate
31st December 1914.
Financial year ends 31 March.
Annual Report issued in August.
Digitized by VjOOQ IC
122
LAMPONG CAOUTCHOUC MAATSCHAPPIJ.
Fouaded: November 1909.
Capital: / 600,000.— in shares of /lOOO.— (besides 950 profit shares,
and 167 founders' shares).
Issued: /1 67,000. — . No shares have been offered yet for public
subscription.
Purchase Price: The present Company is a conversion into a new-
Company of the "Cultuuronderneming Way Lima." The above
profit shares and founders* shares have been allotted to the
original shareholders of the latter Company.
Managing Directors: Messrs Waller & Plate.
Members of the Board : S. Muller Hzn., J. J. Henny, S. C. Korteweg,
D. W. van Wulfften Palthe, and J. Vorstelman.
Registered Office: Amsterdam, Nieuwendijk 197/199.
Estate: Way-Idma (Padang Ratoe, and Kota Dalam).
Area: 5405 bouws (9460 acres).
Situation: South-Sumatra, division of Telok Betong, district Tandjong
Karang, about 21 miles distant from the seaport of Telok Betong,
by which the estate is connected by good cart roads.
Elevation varies from 300 to 1200 feet above sea-level.
Tenure : The estate is held under 75 years' lease direct from the Netherland
Indian Government, granted in January 1892, at a total rental
of /1081. — per annum.
Cultivation: At the end of 1910 an area of 216 Vs bouws (about 380
acres) was under cultivation with Hevea rubber and Robusta
coffee, and 5 bouws with Ficus rubber.
It is intended to convert the old Java and Liberia plantations
into Hevea and Robusta gardens.
Production: The 1910 crop was 209 piculs Java Coffee.
354 „ Liberia Coffee.
IIV4 »> Pepper.
For 1911 a crop of 700 „ Coffee is expected.
The first returns from the Rubber may be anticipated in 1914.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to reservefund, until this has reached an amount equa^
to 40 pCt. of the capital stock. From the remainder :
6 „ dividend to shareholders. And from the balance: —
^/ssoo *^ ^^^^ holder of a profit share.
Vi670 » »> » » .» founders' share.
10 pCt. to the Managing Directors.
10 „ to the Members of the Board.
10 „ (at the utmost) to the European staff in ^matra;
and the rest to shareholders.
Financial year ends 31st December.
Annual Report issued about September.
Digitized by VjOOQ IC
123
CULTUUR MAATSCHAPPIJ "DE LAMPONGS.'
Fouaded: April 1910.
Capital: / 1,200,000.— in shares of /12.— each (and 400 profit shares).
Issued: / 900,000.— .
Purchase Price: / 100,000.— cash.
Managing Directors: J. A. Ruys, and L. te Wechel.
Members of the Board : P. L. A. van der Leeuw, Dr. P. van Romburgh,
E. Tweer, and G. Voorhoeve.
Registered Office: Rotterdam, Zuidblaak 64.
Estates: Rotterdam I, II and III.
Total Area: 10,000 bouws (17,500 acres).
Situation : South-Sumatra, residency of Lampongsche Districten, division
of Telok Betong, about 10 miles distant from the Port of
Telok Betong.
Elevation varies from 200 to 400 feet above sea-level.
Tenure: The estates are held under 75 years* lease direct from the
Netherland Indian Government.
Cultivation: Planting commenced in January 1911. It is anticipated
that by the end of 1911, about 500 acres will be under
cultivation, planted with Para Rubber and Robusta Coflfee. It
is proposed to open up and plant with Hevea trees and
Robusta Coffee about 1000 bouwi? (1750 acres) up to the end
of 1915.
Production: The estimated returns given in the prospectus are: —
Coffee. Rubber.
Piculs. Kilos.
1913 600 —
1914 2000 • —
1915. 3600 5,000
1916 5200 17,500
1917 6300 32,500
General Information: The allotment of profits has to take place as-
follows : —
5 pCt. dividend to shareholders; and from the balance: —
55 „ to shareholders.
10 „ to Managing Directors together.
15 „ to Members of the Board together.
10 „ to holders of profit shares.
10 „ to reservefund.
As soon as the reservefund will have reached an amount
equal to half the capital stock, the 10 pCt. to reservefund,
above mentioned, will be allotted to shareholders.
Financial year ends 31st December.
Annual Report issued about April-May.
Digitized by VjOOQ IC
124
LANGEN (JAVA) RUBBER ESTATES COMPANY, LIMITED.
Founded: December 1909.
Capital: £100,000.— in £1.— shares.
Issued: £41,518. — i40,758 vendor shares fully paid, and 760 shares
5 s. paid).
There are also £ 42,000. — of 6 pCt. convertible debentures
of £ 10. — each, all of which are issued and fully paid.
Purchase Price: £40,758-,— in fully paid shares.
Directors : C. E. Welldon, J. L. Burt, W. Megginson, R. N. G. Bingley,^
and H. Eric Miiller.
Secretaries and Offices: Harrisons &, Crosfield, Ltd., 49-51 Eastcheap,.
London, E.C.
Estates: Langen I — VI.
Total Area: 2414 bouws = 4226 acres.
Situation: West Java, residency of Preanger Regentschappen, division
of' Soekapoera, district of Bandjar, on the main railway line
from Batavia. The station of Langen is situated in the centre
of the estates.
Elevation: 50 feet above sea-level.
Tenure : The lands are held under 75 years' leases from the Nelherland
Indian Government, granted in the years 1899 and 1900, at
an annual rental of / 1.50 per bouw.
Cultivation: On 30st March 1911 the plantations consisted of: —
2O8I/4 acres Para Rubber, planted 1905/6.
4358/4 „ „ „ „ 1906/7.
11428/4 » ,, „ „ 1907/8.
4531/4 ,, „ „ „ 1908/9.
14 „ Ficus „ „ 1907/8.
2254 acres under Rubber.
140 „ of Cocoanut trees, 3 to 5 years old.
30 „ „ Robusta trees, interplanted with the Rubber,
2424 acres.
Production: Tapping has now commenced. At the end of 1910 about
15.000 trees were tappable.
General Information: The Debentures are convertible into ordinary
shares at par on or before 31st December 1912, and after that
date are redeemable at 5 pCt. premium.
In order to comply with the Dutch law, the estates are held
the name of the "Langen Rubber Maatschappij " registered in
Batavia, with a capital of / 1,200,000 in shares of /1 2,000
eaeh, the whole of which was acquired by the present Company.
Financial year ends 31st August*
Annual Report issued as soon thereafter as possible.
Digitized by
Google
125
LANGKAPOERA (SUMATRA) RUBBER ESTATE, LIMITED.
Founded: March 1910.
Capital : £ 70,000.— in £ 1.— shares.
Issued: £63,500.—, fully paid.
Purchase Price: £37,500.— (£30,000 cash, and £7500 in fully
paid shares).
Directors: W. O. Burt, A. H. Dunsmure, A. G. Faber, and H. de
Courcy Hamilton.
Secretaries and Offices: Arnold Otto Meyer & Co., 39 Mincing Lane,
London, E.G.
Estates: Langkapoera and Egaharap.
Total Area: 1430 bouws = 2502 acres.
Situation: South-Sumatra, residency of "Lampongsche Districten", division of
Telok Betong, about six miles distant from the port of Telok Betong,
with which the estates are connected by a good government road.
Elevation: 600 feet above soa-level.
Tenure : The estates are held under 75 years' Government leases, granted
in 1906 at an annual rental of /I. — per bouw.
Cultivation: In March 1911 about 760 acres were under Rubber, of
which 435 acres with Hevea trees, and 325 acres with Ficus
trees, of the following ages: —
Hevea.
Ficus.
Ages.
—
41,700
5 — 9 years old
3,850
10,300
4-5 „ „
21,200
4,100
3-4 „ „
6,000
2,500
2-3 „ „
10,000
2,500
1—2
10,500
—
under 1 year old.
51,550 61,100
Part of the Rubber is interplanted with: —
Robusta Coffee trees, 1 to 3 years old, (100 acres) and
Liberia „ „ 4 „ 6 „ „ (114 acres).
Production: The 1910 crop was: —
143 piculs Coffee.
3800 lbs. of Rubber.
The Rubber-outputs for the first 5 years are estimated at: —
10,000 lbs. in 1911/12.
15,000 „ „. 1912/13.
30,300 „ „ 1913/14.
100,600 „ „ 1914/15.
200,900 „ „ 1915/16.
From January 1911, to the end of May 4164 lbs. of rubber
were harvested.
General Information: In order to comply with the Dutch law, the
estates are held in the name of the "Plantagen Gesellschaft
Langkapoera," the vendor company, registered in Batavia, with
a capital of / 120,000.— in shares of / 1000.— each, the whole
of which was acquired by the present Company.
Financial year ends 30 June.
Digitized by VjOOQ IC
126
LANGKAT SUMATRA RUBBER COMPANY, LIMITED.
Founded: January 1908.
Capital : £ 75,000. — in shares of £ 1. — each.
Issued : £ 73,746.—, fully paid.
Purchase Price: £48,500.— (£17,000.— in cash, and £31,500 in
fully paid shares, with the option to take at par for 5 years
the unissued 10,000 shares, of which 8746 have now been taken.
Directors : F. Copeman, K. p. Arbuthnot, J. C. Tate, and Herbert Wright.
Secretary and Offices : W. A. Lack, Mincing Lane House, Eastcheap,
London, E.G.
Estates: Blankahan and Soengei Boean.
Total Area: 1186 bouws == about 2050 acres.
Situation : East-coast of Sumatra, division of Langkat, district of Upper-
Langkat, about 4 miles from the Kwala railway-station.
Elevation varies from 300 to 400 feet above sea-level.
Tenure: The lands are held under leases from the Sultan of Langkat,
ratified by the Netherland Indian Government, at an annual
rental of /I. — per bouw (about llVa d* P^r acre).
Cultivation: At the end of 1910 an area of 1740 acres was under
cultivation with: —
185,000 Hevea trees.
7800 Ficus „ from 5 to 12 years old.
500 Castilloa „ „ „
369,000 Liberia Coffee bushes, in bearing.
28,930 Robusta „ „ from 1 to 3 years old.
Particulars of the Hevea trees are: —
50,000 planted in 1905
.... 1906
.... 1907
.... 1908
.... 1909
.... 1910
185,000 Hevea trees.
Production: The 1910 crop consisted of: —
42,542 lbs. Hevea Rubber.
2,510 „ Ficus „
40 „ Castilloa „
Total 45,092 lbs. of Rubber,
and 2,268 cwts. of Coffee.
The estimate of crop for 1911 was: —
94,000 lbs. of Rubber and
2,969 cwts. of Coffee.
33,000 „
27,000 ..
34,000 „
37,000 „
4,000 „
Digitized byCaOOQlC
127
Up to the end of May, 1911, 1309 piouls of Coffee were
harvested, and the actual output of Rubber was: —
January .;....; 6,330 lbs.
February 5,650 „
March 6,150 „
April 6,080 „
May 6,900 „
31,110 lbs.
The Rubber realised in 1909 6 s. 51/2 d. per lb., and in 1910
about the same figure, 6 s. 5^/^ d.
Dividends: The following dividends were paid: —
5 pCt. in 1908, and £ 105.— carried forward,
6 „ „ 1909, „ ,,1000.— „
15 „ „ 1910, „ ,,2656.— „
Reservefunds consist of £4000. — derived from premiums on shares
issued, besides £ 1000. — reserve for depreciation.
Financial year ends 3l8t December.
Annual Report issued in April.
Digitized by CjOOQ IC
128
NAAMLOOZE VENNOOTSCHAP LANGSAR-LANO-
SYNDICAAT.
Founded: August 1910.
Capital: / 500,000.— in 500 shares of /lOOO.— each.
Issued: / 300,000.— (300 vendor shares).
Purchase Price: / 300,000. — in fully paid shares.
Managing Directors: E. M. Ostwalt & Co.
Members of the Board: K. H. H. van Bennekom, J. J. W. van
Bennekom, and A. D. Versteegh.
Registered Office: Amsterdam, Doelenstraat 12/14.
Estates comprise 3 adjoining plots of land of respectively 2200, 1600,
and 1660 hectares.
Total Area: 5,460 hectares = 7,650 bouws = 13,500 acres.
Situation : East-coast of Sumatra, division of Atjeh, district of Langsar,
near the port and tramway-station of Langsar.
Elevation varies from about 30 to 250 feet above sea-level.
Tenure: The lands are held under 75 years' leases direct from the
Netherland Indian Government. The leases were granted in
March 1910.
Cultivation: The lands consist of virgin jungle. The Company was
formed with the object of developing the lands by the cultivation
of Para Rubber.
General Information: The allotment of profits has to take place as
follows : —
6 pCt. dividend to shareholders.
And from the remainder:
10 „ to the Managing Directors;
10 „ to the Members of the Board together;
10 „ to a reservefund, until this has reached an amount equal
to 50 pCt. of tlie issued capital; and
70 „ (or 80 pCt.) to shareholders.
Financial Year ends 31st December.
Annual Report issued before the end of July.
Digitized by VjOOQ IC
129
LANGSAR SUMATRA RUBBER MAATSCHAPPIJ.
Founded: June 1910.
Capital : / 1,500,000.— in shares of / 1000.— each (and 1600 profit shares).
Issued: / 800,000. — , fully paid. A dividend of 5 pCt. per annum for
4 years has been guaranteed.
Purchase Price: / 400,000.— infully paid shares, and 1600 profit shares.
The vendor company, the "Syndicaat Langsar,'' guaranteed a
dividend of 5 pCt. per annum for 4 years (up to 1st July 1914)
on the present issue, and deposited the necessary funds with
the Rotterdamsche Bank.
Managing Director: A. G. N. Swart.
Members of the Board: W. O. Gallois, Jac. Musly, Paul Osterrieth,
O. F. Weise, and H. 0. Traun.
Registered Office: Rotterdam, Boompjes, 58.
Estate: Langsar.
Area: 3600 bouws = 6300 acres.
The Company has since obtained direct from the Netherland
Indian Government a new concession covering about 5000 hectares.
A block of 1700 hectares of this concession was transferred in
April 1911 to a subsidiary Company, called "Bajan Sumatra
Rubber Maatschappij."
Situation : East-coast of Sumatra, division of Atjeh, district of Langsar,
quite adjacent to the Langsar tramway-station and the seaport
of Langsar, and bordered by the Government Rubber Estate.
Elevation varies from 30 to 250 feet above sea-level.
Tenure : The land is held under 75 years' lease direct from the Netherland
Indian Government, granted in August 1907, at an annual rental
of /I. — per bouw.
Cultivation: In 1910 an area of 320 bouws (about 600 acres) was planted
with 82,174 Hevea trees (12 X 24 feet), and a further 30 bouws
were planted up with approximately 7500 Hevea trees early
in 1911.
It is intended to clear and plant an additional 250 bouws
per annum in 1911, 1912 and 1913, making a total area of
1100 bouws under Para Rubber by the end of 1913.
Estimate : The prospectus gives the following estimate of the production
and net revenues from the Rubber: —
Kilos.
Net Profits
191i . .
. 20,000
/ 50,000.—
1915 . .
. 50,250
„ 125,625.—
1916 . .
. 99,900
„ 249,750.—
1917 . .
. 154,650
-„ 1 1 I--
„ 386,625.—
3 -_ ^^:
This calculation has been based on a selling price of /4. —
per Kilo.
Digitized by VjOOQ IC
130
General Information: The allotmeiit of profits has to take pUce as
follows : —
6 pCt. dividend to shareholders.
From the remainder: —
10 „ to a reservefund, until this has reached an amount
equal to 25 pCt. of the issued capital; from the
remainder : —
10 „ to the Managing Director.
10 „ to the Members of the Board.
80 „ to shareholders, until a total dividend of 10 pCt. has
been paid; and from the balance: —
75 „ to shareholders, and
25 „ to holders of profit shares.
Financial year ends 30th June.
Annual Report issued before the end of December.
Digitized by VjOOQ IC
131
THE LANKAT RUBBER COMPANY, LIMITED.
Founded: March 1910.
Capital: £100,000.— in £1.— shares.
Issued: £100,000.—, fully paid.
Purchase Price: £75,000.— (£30,000.— cash and £ 46,000.— in fully
paid shares).
Directors: J. A. H. Drought, H. H. Nelson, and J. C. Tate.
Secretary and Offices: W. Massy Hill, 2 Tokenhouse Buildings,
London, E.G.
Estates: Faja Djamboe I and II, and
Soengei Gerpa.
Total Area: 2000 acres.
Situation: East-coast of Sumatra, district of Upper-Langkat, about 3
miles distant from the railway station at Selesseh on the line
to Medan and the port of Belawan.
Tenure: The estates are held under 75 years' lease from the Sultan of
Langkat, ratified by the Netherland Indian Gorernment, at an
annual rental of / 2. — per bouw. The present leases have still
about 50 years to run.
Cultivation: In April 1911 an area of 1710 acres was under Para
Rubber, viz: —
Planted. Acres. Hevea trees.
1906 292 56,600
1907 489 85,560
1908 135 14,600
1909 312 33,800
1910 225 24,480
1911 257 27,780
1710 242,820
Production: Tapping commenced in December 1910 and the Rubber-
output was: —
10,364 lbs. to 31st April 1911
3,584 „ in May 1911.
13,948 lbs.
The following estimate of crops is given in the prospectus:
1911 20,000 lbs.
1912 90,000 „
1913 150,000 „
1914 220,000
Financial year ends 31st March.
Annual Report issued about July.
»
Digitized by VjOOQ IC
132
LARAS (SUMATRA) RUBBER ESTATES, LIMITED.
Founded: March 1910.
Capital: £90,000.— in £1.— in shares.
Issued: £80,000.— (15,000 vendor shares, fully paid, and 65,000 shares
15 s. paid).
Purchase Price: £ 40,000.— (£ 15,000.— in fully paid shares, and
£ 25,000. — in cash), against guarantee of dividend as mentioned
below.
Directors: T. Ritchie, J. E. A. Dick-Lauder, M. Lowden, W. T.
Mackenzie, and E. H. Parry.
Secretaries and Offices: Paterson Simons & Co., Ltd., 10-11 Lime
Street, London, E.C.
Estates: Laras (Si-antar district),
Petateb (Batoe Bahra „ ).
Total Area: 14,000 acres.
Situation: East-coast of Sumatra, division of Asahan, districts of Si-
Antar and Batoe Bahroe.
Tenure: The lands are held under 75 years' leases from the Sultan of
Asahan, ratified by the Netherland Indian Government, and
renewable after expiration. The total rental amounts to £ 372. —
for the year 1911, gradually increasing up to £725. — per
annum for 1914 and following years.
Cultivation: An are of 1076 was planted in 1910 with 10 months
old Hevea trees, and it is intended to plant an additional
1000 acres in 1911.
Production: The following estimate of crops has been made: —
1914 80,000 lbs. £ 8,000
1915 230,000 „ ,,23,000
1916 300,000 „ ,,30,000
1917 600,000 „ ,,60,000
Dividends : The vendors have guaranteed a minimum dividend of 6 pCt.,
per annum on the present issue until 31st December 1914.
Financial year ends 31th March.
Annual Report issued about June.
Digitized by VjOOQ IC
133
RUBBER-. THEE- EN KOFFIE CULTUUR ONDERNEMING
LEBAK-PARAI.
Founded: July 1910.
Capital: / 145,000.— in shares of /500.— each.
Issued: / 145,000.— .
Managing Directors: Naamlooze Yennootschap tot Administratie en
Exploitatie " West-Java-Sumatra".
Registered Office: Amsterdam, Keizersgracht 482.
Estates : Tjioepit, (Lebak Parai), Tjiparai and Pasir Tjikloewang, together
known as the estate " Lebak-Parai".
Total Area: 630 bouws (1105 acres).
Situation: West-Java, residency of Bantam, division of Lebak, district
of Sadjira, on the north-western slope of mount Halimoen.
Tenure : The lands are held under TS'yeara* Government leases, granted
in the years 1875, 1878 and 1890, at an annual rental of
/1.50 per bouw.
Cultivation: Rubber, tea, and coffee are grown on the estates.
General Information : Allotment of profits has to take place as follows : —
6 pCt. dividend to shareholders.
And from the remainder : —
70 „ to shareholders.
10 „ to the resQvefund.
10 „ to the Managing Director.
10 „ to the Members of the Board.
As soon as the reservefund has reached an amount equal to
half the issued capital, the above 10 pCt. will de distributed
as follows: —
5 pCt. to shareholders,
2V2 " *^ *^® Managing Director,
2V2 99 to the Meml^rs of the Board.
Financial year ends 31st December.
Annual Report issued before 1st July.
Digitized by VjOOQ IC
134
LONDON LANGKAT SYNDICATE, LIMITED.
Founded: August 1909.
Capital: £100,000.— in £ 1. — shares. The share capital was increased
from £50,000.— in January 1911, of which 50,000 shares are
reserved for exchange at par for the debenture stock offered.
Issued: £35,000.—, fully paid.
Debentures: In February 1911 were issued £35,000 six per cent
Convertible Debenture Stock, forming part of a total amount
not exceeding £50,000. — . The debentures are exchangeable
for shares at par.
Purchase Price : £ 18,000. — in fully paid shares.
Directors: Hon. C. H. Strutt (Chairman), E. J. Hammond, F. H.
Hardcastle, and C. A. Koning.
Secretaries and Offices : Peek, Bros & Winch Ltd., 49 — 51 Eastcheap,
London, E.C.
Estates: Tamboenan A and B., Bekoelap, and Soengei Biroeng.
Total Area: 16,953 acres.
Situation: East-coast of Sumatra, divisions of Langkat and Bedagei,
districts of Upper-Langkat and Padang and Bedagei, near the
Kwala railway station.
Tenure: The lands are held under 75 years' leases from the Sultan of
Langkat, ratified by the Netherland Indian Government, at
an annual rental of / 1. — per bouw, and expiring respectively in
the years 1971, 1961 and 1962.
Cultivation: In 1910 an area of about 1000 acres was planted with
approximately 121,000 Hevea trees, interplanted with Robusta
CoflFee.
There are also 50,000 young Coconut trees.
The Directors intend to go in for a programme of develop-
ment, and if they carry it out they would have 2400 acres
planted with 360,000 Hevea trees, 3,600,000 Robusta Coffee
bushes and a great number of Coconut trees by the end of 1913.
Tobacco was grown largely on the estates in the last years.
The area under Tobacco for 1910 — 11 is 850 acres.
Estimated Production: The prospectus gives the following estimates
of Rubber, Coffee and Coconut crops: —
Coffee 1912—13 . . 9,600 piculs, net profit £ 12,000.—.
Rubber 1915 ... 96,000 lbs. „ „ „ 9,600.—.
Coconuts 1917. . . — » » « 3,000.—.
Financial year ends 30th June.
Annual Report issued about December.
Digitized by VjOOQ IC
135
LONDON SUMATRA RUBBER AND PRODUCE ESTATES,
LIMITED.
Founded: December 1909.
Capital: £80,000.— in £1.— shares.
Issued: £50,000.—, fully paid.
Purchase Price : £ 27,000. — cash. The vendors have also the option
to take at par during five years 23,000 shares of the unissued
capital.
Directors: K. F. Arbuthnot, H. A. Barrett, H. A. Matthes, and
H. S. Seldon.
Secretaries and Offices: M. P. Evans & Co., 30 Mincing Lane,
London, E.C.
Estates: Serapoh 5750 acres Langkat-district.
Tanah Abang ... 612 „ Serdang „
Fermatang Djiring. 875 „ Si Pare Pare-district.
Total Area: 7237 acres.
Situation: East-coast of Sumatra. The Serapoh estate is situated near
the port of Tandjong Poera; the Tanah Abang estate is about
6 nules distant from the railway-station of Loeboeq Pakam;
and the Permatang Djiring estate is at a distance of about
9 miles from the Tebing Tinggi railway station, with which it
is connected by the main Government cart-road.
Elevation averages 60 feet above sea-level.
Tenure: The estates are held under long leases from the Sultans,
ratified by the Netherland Indian Government. The annual
rental amounts to £ 60. — for the first year, increasing to
£ 600.— for the fifth and following years.
Cultivation: The total area under cultivation is about 1600 acres,
planted with approximately:
23,000 Hevea trees, 4 years old.
5000 „ „ 3 „ „
19,000 „ „ under 3 years old.
47,000 Hevea trees.
53,000 Coffee trees, in bearing.
71,000 Coconut trees, from 4 to 8 years old.
Production : The estimated output is given in the prospectus as follows : —
Rubber. Cocoanuts. Coffee.
1911 .... — lbs. 1,080,000 nuts. 250 piculs.
1912. . . . 16,000 „ 1,260,000 „ 250 „
1913 .... 31,500 „ 2,220,000 „ — „
but these estimates are reported to be under revision.
Financial year ends 31st March.
Annual Report issued about June.
Digitized by VjOOQ IC
136
PASIR POGOR CULTUUR MAATSCHAPPIJ "LOUISIANA'
Founded: July 1910.
Capital: / 250,000.— in 5000 shares of /50.— each.
Issued: / 250,000.— .
Purchase Price: / 32,000. — in fully paid shares.
Directors: Jules Rolin (chairman), Marcel Dupret-Beco (Managing
Director), and Charles Verbeke.
Registered Offices: Breda (Holland).
Office of Managing Director: Brussels, 148 Rue Royale.
Estates: Pasir Pogor (227 bouws), and Boemi Ajoe (190 bouws).
Area: 417 bouws (730 acres).
Situation: West-Java, residency of Preanger Regentschappen, division
of Tjandjoer, districts of Tjikalong and Tjihea.
Elevation above sea-level, of Pasir Pogor 230 to 280 feet, of Boemi
Ajoe 200 to 240 feet.
Tenure : The lands are held under 75 years* lease from the Nefcherland
Indian Government granted respectively in February 1906, and
in 1898, at an annual rental of /I. — per bouw.
Cultivation: In December 1910 there were planted: —
92,500 Hevea trees.
7,500 Ficus „ , 4 years old.
6,000 Coconut „ , 1 year old.
The ages of the Para Rubber trees were in December 1910
as follows: —
22,500 Hevea trees, 4 years old.
10,000 „ „ , 2 „ „
10,000 „ „ , 1 vear „
50,000 „ „ , planted Febr.- April 1910.
92.500
Production : The Directors propose not to commence tapping before 1913.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. to the reservefund, until this has reached an amount
equal to half the capital stock.
6 „ dividend to shareholders.
And from the remainder:
10 „ to the Directors together.
The Directors are entitled to propose at a general meeting
of shareholders to set the balance apart to form an extra
reservefund.
The Directors are at liberty to dispose of this fund, which
may also be appropriated for redemption of sliares.
Financial year ends Slst December.
Annual Report issued about June.
Digitized by VjOOQ IC
137
MALANG RUBBER ESTATES, LIMITED.
Founded: March 1910.
Capital: £65,000.— in 2 sh. shares.
Issued : £ 60,000.—, fully paid.
Purchase Price : £ 30,000.— (£ 25,000.— in cash, and £ 5000.— in
fully paid shares).
Directors: Sir W. B. Hudson, A. J. G. Field, W. Norfolk, and
G. Macphail.
Secretary and Offices: M. Smith, 9 Fenchurcli Avenue, London, E.G.
Estates : Donowari, and Redjosarie.
Total Area: 796 bouws = 1394 acres.
Situation: East- Java, residency of Pasop.roean, division of Malang,
district of Senggoro, about 19 miles distant from the railway
station at Ngebroek.
Elevation varies from 1300 to 1600 feet above sea-level.
Cultivation: When the estates were taken over, there was an area of
1173 acres under cultivation, as follows: —
20,000 Castilloa Rubber trees, planted prior to end of 1904.
22,250 „ „ „ „ „ „ „ „ 1909.
116,000 Pepper plants, in bearing,
35,000 Capoc trees, in bearing,
20,000 Cacao trees, in bearing,
6,000 Nutmeg trees.
1,113,000 Java Coflfee trees (old plantations),
132,300 Robusta Coflfee trees, from 1 to 3 years old,
61,000 Liberia „ „ „ 1 „ 3 „ „
It was the intention of the Directors to plant on the 775
acres now under Java Coflfee and on 151 acres of virgin land,
about 139,000 Hevea trees, which were for the greater part
planted in 1910.
Production: No particulars of the 1910 crop or revised estimates are
available The estimated gross returns from all sources, rubber
being taken at 3 s. per lb., is given in the prospectus as follows.
1910 £ 14,579.
1911 „ 17,692.
1912 „ 20,314.
General Information: In order to comply with the Dutch law, the
estates continue to bd held in the name of the Dutch vendor-
company, the " Landbouw-Maatschappij Senggoro," registered
in Sourabaya in 1902, with a capital of / 160,000. — in shares
of /lOOO. — each, the whole of which was acquired by the
present Company.
Digitized by VjOOQ IC
138
CULTUUR MAATSCHAPPfl " MANOE WOENMOEKTL"
Founded: November 1910.
Capital: / 600,000.— in shares of / 1,000.— each.
Issued: / 600,000.— .
Managing Director : G. G. Schrieke.
(Acting Director, C. T. H. Hierneiss).
Members of the Board: D. Birnie, J. van Hoboken Azn., J. A. de
Koning, and M. Sanders.
Registered Office: The Hague, Jan van Nassaustraat 9.
Estates: Manoewoenmoekti I, 510 bouws.
Manoewoenmoekti II, 520 „
Manoewoenmoekti III, 526 „
Total Area: 1556 bouws =« 2723 acres.
Situation: East-Java, residency of Besoeki, division of Banjoewangi,
district of Rogodjampi, on the Kali Baroe river.
Elevation: 1300 feet above sea-level.
Tenure : The lands are held under 75 years* Government lease, granted
in September 1898, at an annual rental of / 1. — per bouw.
Cultivation: Hevea Rubber, Robusta Coffee, and Manilla Hemp are
grown on the estates.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. (at the utmost) at the disposal of the Managing Director,
to be distributed among the European staff in Java.
From the remainder: —
2V2 )) dividend to shareholders.
From the balance: —
25 „ to the reservefund.
21/2 „ to the Managing Director.
2^/3 » to each Member of the Board,
and the rest to shareholders.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
139
MARAWAN (JAVA) RUBBER PLANTATIONS, LIMITED.
Founded: June 1910.
Capital : £ 55,000.— in 2 sh. shares.
Issued : £ 55,000.—, (125,000 vendor shares, and 425,000 shares 1 s.
6. d. paid).
Purchase Price : £ 25,000. — half cash, half shares. Negociations were
pending, most probably resulting in the vendors agreeing to
reduce the purchase price to £18,750, payable as to £11,375
in cash and £ 7,375 in shares.
Directors: J. Campbell, J. W. Lintner (Chairman), J. E. Taleen, and
S. W. Ford.
Secretaries and Offices: Lintner & Co., 18 Leadenhall Street,
London, E.C.
Estates: Kepoetren II and III, Tjorah Mas, and Tjorah Wangkal.
Total Area: 1056 bouws = 1846 acres.
Situation : East-Java, residency of Besoeki, division of Dj ember, districts
of Rambipoedji and Majang. The estate Tjorah Mas is situated
about 14 miles from the Kalisat railway station.
Elevation varies from 900 to 2200 feet above sea-level.
Tenure : The lands are held under 75 years' Government leases, granted
between the years 1892 and 1896, at an annual rental varying
from /1.50 to /4. — per bouw (about £177. — per annum).
Cultivation: In August 1910 an area of 1234 was under cultivation
with : —
21,000 Hevea trees,
6,833 Ficus trees, 1 to 3 years old,
2,100 Castilloa trees, 31/2 to 7V2 years old,
369,045 Bobusta Coflfee trees,
57,000 Liberia CoflFee, trees, in bearing,
283,000 Java CoflFee trees, in bsaring.
The ages of the Hevea trees and Robusta CoflFee trees are as
follows : —
Hevea trees. Robusta trees.
1906/7 18,000 3,300
1907/8 — 60,500
1908 — 10,200
1908/9 1,000 186,485
1909/10 2,000 108,560
21,000 369,045
The Ficus trees in the young plantations 1909/10 and the
Castilloa trees are being replaced by Hevea trees. Part of the
Java CoflFee, which is bearing no fruit, will be cut away, while
the Java CoflFee trees which are bearing will be pruned.
Digitized by
Google
140
Production: The estimated Co£Fee crop for 191 L is:
750 piculs of Java CoflFee,
50 „ „ Liberia „
350 „ „ Robusta ,,
which should realise a net profit of / 40,500.— (£ 3375).
At the general meeting of the Company, held in February
1911, it was stated that the older Hevea trees had only a girth
of 8Yj inch, three feet above the ground, in August 1910, and
as the girth must be at least 18 inches, it was not possible to
say when tapping can commence. It was however expected that,
now the estates have been seriously taken in hand, the girths
ought to improve consideraby.
General Information: In order to comply with the Dutch law, the
estates are held in the name of a Dutch Company, the whole
share capital of which was acquired by the present Company.
Digitized by VjOOQ IC
ui
MARBAU RUBBER MAATSCHAPPIJ.
Founded: February 1910.
Capital: / 50,000.— in 100 shares of /500.— each.
Issued: / 40,000.— .
Directors : G. E. O. Krebs (Managing), and F. A. Wilkens.
Registered Office: Bila (Sumatra).
Estate: Milano.
Area: About 1400 bouws = 2450 acres.
Situation: East-coast of Sumatra, division of Bila, district of Laboean
Batoe.
Tenure: The land is held under long lease from the Sultan of Bila,
ratified by the Netherland Indian Government and expiring in
February 1985.
Elevation: 100 feet above the level of the sea.
Cultivation: An area of about 125 acres is reported to be opened and
planted during 1910 with approximately 125,000 Hevea trees.
General Information: The allotment of profits, after deduction of the
usual percentage to the European stafif, has to take place as
follows : —
10 pCt. to the Directors.
90 „ to shareholders.
Financial year ends 31st December.
Annual Report issued before the end of April.
Digitized by VjOOQ IC
142
CULTUUR MAATSCHAPPIJ " MARGOSOEGIH."
Founded: July 1910.
Capital: / 600,000.— in shares of /lOOO.— each.
Issued: / 600,000.— .
Managing Director: G. G. Schrieke.
(Acting Director, C. T. H. Hierneiss).
Members of the Board : D. Birnie, Jonkheer R. Feith, J. van Hoboken
Azn., and M. Sanders.
Registered Office: The Hague, Jan van Nassaustraat 9.
Estates: Margosoegih III, 376 bouws.
Margosoegih IV, 446 „
Margosoegih V, 473 „
Total Area: 1295 bouws = 2267 acres.
Situation: East-Java, residency of Besoeki, division of Banjoewangi,
district of Rogodjampi, on the rivers Kali Baroe, KaliSepand-
jang, and Kempit, on the slope of mount Raoong, distant about
two hours and a half from the port and capital of Banjoewangi,
with which the estates are connected by good cart roads.
Elevation averages 800 feet above sea-level.
Tenure : The lands are held under 75 years' Government lease, granted
in September 1898, at an annual rental of /I. — per bouw.
Cultivation: Hevea Rubber, Robusta Coffee, and Manilla hemp are
grown on the estates.
General Information: The allotment of profits has to take placs as
follows : —
10 pCt. (at the utmost) at the disposal of the Managing
Director, to be distributed among the European staff
in Java.
From the remainder: —
21/3 » dividend to shareholders.
From the balance: —
25 „ to the reservefund.
2V3 „ to the Managing Director.
21/j „ to each Member of the Board.
And the rest to shareholders.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
U3
THE MENDARIS (SUMATRA) RUBBER AND PRODUCE
ESTATES, LIMITED.
Founded: AprU 1911.
Capital: £300,000.— in shares of £ 1.— each.
Issued: The first issue will be £200.000. — . (A prospectus has not yet
been issued, but this will be done in the near future).
Directors: Arthur Lampard, G. CroU, J. R. Gray.
Secretaries and Offices: Harrisons & Crosfield, Ltd., Ceylon House,
49-51 Eastcheap, London, E.C. (until the completion of new
premises in Great Tower Street).
Estates: Laut Tador, and Mendaris.
Total Area: about 14,000 acres.
Situation: East-coast of Sumatra. Laut Tador is situated in the sub-
district of Tandjong Koeba, which forms part of the Batoe
Barah district ; the Mendaris estate is in the district of Tandjong.
The estates are distant about 10 miles from the Tebing Tinggi
railway station on the line to Medan and the port of Belawan.
Tenure: The lands are held under 75 years* leases from the Sultan of
the district under sanction of the Netherland Indian Government,
expiring respectively in August 1973 and December 1971 with
option of renewal for a further- 50 years for any portion of
the estates that will be planted. The annual rental amounts to
/I. — per hectare, equal to about 8 d. per acre.
Cultivation : The completion of the harvest of approximately 870 acres
of tapioca is now taking place, and in future years an annual
area under tapioca of 1200 acres will be cultivated. First class
equipment for the manufacture of tapioca exists, consisting of
an excellent factory and up to date machinery. Considerable
extension of the equipment for tapioca manufacture is now
being made, to cope with the increased crop.
There are a large number of Rambong trees upon the Estates,
from which a small crop is anticipated, and a small crop for
1911 is also anticipated from a number of Para trees on the
estates.
The opening of an area of 2000 acres of Para Rubber has
been commenced and rapid progress is being made. It is
proposed to bring the area up to 5000 acresby theendof 1913.
Digitized by
Google
U4
General Information: The estates were formerly owned by the Su-
matra-Deli Rubber Estates, founded in July 1907 and wound
up in April 1910. In the annual general meeting of share-
holders of the latter Company, held in December 1909, it was
stated that the plantations comprised:
33,000 Hevea trees, and
286,000 Ficus trees.
The crop for the period January to November 1909 was
28,000 lbs. of Rubber, and
500 tons of Tapioca.
At an extra-ordinary meeting of the Sumatra-Deli Company^
held on the 29th April 1910, it was decided to dispose of the
estates.
Financial year ends 31st December.
Digitized by VjOOQ IC
U5
NEDERLANDSCHE GUTTA-PERCHA MAATSCHAPPIJ.
Founded: June 1900.
Capital: / 1,600,000.— , divided into Ordinary shares of /125. — each
and Preference shares of / 250. — each (besides a limited number
of profit shares).
Issued : / 550,000. — Ordinary shares, and / 250,000.— Preference shares.
Objects: This Company has been formed to carry on the business of
Rubber-manufacturers and merchants generally, and especially to
prepare Getah-pertjah from the leaves of the Palaquium-tree and
of other trees, and also to plant Getah-pertjah and Rubber
trees, and to grow CoflEee, Tea, Cinchona and other produce.
The Company works a rubber-factory at Singapore, besides
2 estates in Java of which particulars are given below.
Managing Director: A. J. A. IJssel de Schepper.
Members of the Board: Prof. Dr. P. van Romburgh (Chairman), J.
W. van de Stadt, E. L. C. Schiff, M. L. Fauel, S. W. B. Hijde,
and J. G. Schlimmer.
Registered Office: The Hague, Anna Paulownastraat 95.
Estates: Giriawas I and II (140 bouws) and Panjindangan I, II and
III (375 bouws).
Total Area: 515 bouws = 900 acres.
Situation: West-Java, residency of Preanger Regentschappen, division
of Soekaboemi, districts of Tjitjoeroeg andPlaboean. The estates
are about 12 miles distant from the Tjibadak railway station.
Elevation: 1800 feet above sea-level.
Tenure: The lands are held under 75 years' leases from the Netherland
Indian Government, granted between the years 1897 and 1906,
at an annual rental of /2. — per bouw for Giriawas, and of
/I. — per bouw for Panjindangan.
Cultivation: At the end of 1910 the whole area of 900 acres was under
cultivation with Getah-pertjah and Rubber trees, partly inter-
planted with Cinchona, Liberia CoflEee, Tea, and Coca.
The details of the Getah-perfcjah and Rubber trees are: —
Falaquium.
Hevea.
Planted.
21,500
—
1902/3
36,000
—
1904
26,500
—
1905
26,000
—
1906
3000
1907
17,316
1908
54,795
1909
13,042
1910
—
7500
105,653
1911.
Total 110,000
10
Digitized by VjOOQ IC
146
The Palaquium trees are planted at a distance of 13 X 13
feet, and the Hevea trees of ITVs X 191/9 feet. The interplanted
crops comprise about: —
130 bouws Cinchona, from 3 to 7 years old.
25 „ Tea.
25 „ Coca.
General Information: The allotment of profits has to take place as
follows : —
6 pCt. dividend to the holders of Preference shares,
from the remainder: —
4 „ dividend to the holders of Ordinary and Preference
shares.
And from the balance (after deduction of 5 pCt. for
the reservef und) : —
55 „ to the holders of Ordinary and Preference shares.
12 » to the Members of the Board.
8 „ to the Managing Directors.
25 „ to the holders of profit shares.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
147
NEDERLANDSCH INDISCH RUBBER BUREAU.
Founded: January 1910.
Capital: / 100,000.— in 20 shares of 5000.— each.
Objects: The Company was formed to carry on the business of Rubber-
planters and merchants generally, and especially to support and
promote the interests of Rubber cultivation, making advances
upon the security of plantations, and acting as administrators
of estates.
Directors: J. J. W. van Bennekom (Managing), K. F. van Swieten,
and J. O. A. Lochmann van Bennekom.
Registered Office: Batavia, with branch-office at the fiague.
Estates: The Company works two estates, viz: Nandjoeng — Djaja (421
bouws) and Tjiboetoen I-IV (1366 bouws).
Total Area: 1787 bouws = 3057 acres.
Situation : West-Java, residency of Preanger Regentschappen. The Nand-
joeng- Djaja estate is situated in the division of Soemedang,
district of Damaradja, and the Tjiboetoen estate in the division
of Soekaboemi, district of Flaboean.
Tenure: The lands are held on 75 years' Government leases, granted
respectively in April 1909 and April 1908, at an annual rental
of /2. — and /1.50 per bouw.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. dividend to Managing Director.
2Y3 „ to each of the other Directors.
5 „ to a reserve fund, and
The balance to shareholders.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
148
NEDERLANOSCH-INDISCHE RUBBER EN KOFFIE
CULTUUR MAATSCHAPPIJ.
Founded: September 1910.
Capital: / 1,500,000.— in shares of /lOO.— each.
Issued: / 1,500,000.—, fully paid.
Purchase Price: /1. 000,000. — in fully paid shares.
Directors: P. Lippens (chairman). Ph. de Buyl, A. Delcommune, W.
Eschauzier, E. Lejeune Vincent, P. Staes, and Adr, de Stoppelaar.
Registered Ofilce: Amsterdam.
Office of Managing Director: 48 Rue de Namur, Brussels.
Estates: Karang Redjo I, II and III (one plot of 916 bouws), Soember
Wadoeng I, II, III and IV and Soember Lanas (one plot of
1420 [bouws). In 1911 the Company purchased the estates
Bajoelor V and VI, Sebarie I, II, III, and Ardjosarie (one
plot of 2310 bouws).
Total Area: 4646 bouws = 8150 acres.
Situation: East-Java. The estates Karang Redjo are situated in the
residency of Kediri, division and district of Blitar, on the
South- Western slopes of Mount Kloet, about 4 miles from the
Garoem railway-station; the estates Soember Wadoeng c.a. are
situated in the residency of Besoeki, division of Dj ember,
district of Majang, about 22 miles from the railway-station at
Kalisat, and the estates Bajoelor c.a. are situate in the residency
of Besoeki, division of Banjoewangi, district of Rogodjampi,
distant about 11 miles from the Singodjoeroek railway-station.
Elevation above the sea-level, of Karang Redjo 1000 to 1400 feet,
of Soember Wadoeng c.a. 700 feet, and of Bajoelor c.a. 2000
to 4000 feet.
Tenure : The lands are held under 75 years' Government leases, granted
respectively in the years 1875-1879, 1891-1903, and 1894-1901.
The annual rental to be paid for Karang Redjo varies from
/4.10to/6. — per bouw, for Soember Wadoeng c.a. from/ 2. —
to /4. — per bouw, and for Bajoelor c.a. /I. — to /4. — per
bouw.
Cultivation: At the end of December 1910 an area of 2450 bouws
was under cultivation with Rubber, Java- Liberia- and Robusta
Coffee, Coca, and some other crops, of which area 2050 bouws
are producing.
The Directors propose to clear and plant in addition 100
bouws with Para Rubber and Robusta " Coffee in 1911, and
150 bouws in 1912, and to make a trial with the growing of
Tea on the estates Bajoelor c.a. in 1911.
Digitized by
Google
149
The following Rubber trees have been planted in 1910-11: —
45,000 Hevea trees,
3,368 Ficus „ , and
1,200 other Rubber trees.
49,568
The Java Coffee is being gradually uprooted and replaced
by Robusta Coffee.
Production: The yield for 1911 was estimated at 10,000 piculs of
Coffee (of which 5,750 piculs Robusta), and 50 to 60,000 half
kilos of Coca.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. to a reservef und ; until this has reached an amount equal
to lO pCt. of the capital stock ; from the remainder : —
5 „ dividend to shareholders; from the remainder: —
10 „ to the Directors together,
2 „ to each Managing Director, and the balance to share-
liolders, unless the General Meeting of shareholders
decides to appropriate the balance for other purposes.
Financial year ends 31st December.
Annual Report issued about August.
Digitized by VjOOQ IC
150
NEDERLANDSCHE RUBBER MAATSCHAPPIJ.
Founded: November 1909.
Capital: / 10,000,000.— in 10,000 shares of /lOOO.— each.
Issued: / 3,000,000.— , fully paid.
Purchase Price: / 2,100,000.— (/ 1,700,000.— cash, and / 400,000.—
in fully paid shares).
Directors: J. F. de Beaufort (Managing), Theod. C. Dentz, P. J. J.
Jonas van 's Heer Arendskerke, and P. van Leeuwen Boomkamp.
Registered Office: Amsterdam, Heerengracht 464.
Estates: Soengei Mangkei and liberta (together 8000 bouws), Soengei
Poetih (1017 Iwuws), Kotangan (713 bouws).
In 1910 the Company purchased the estate Daisy Dale (500
bouws), which has been divided into two parts, added respecti-
vely to the estates Soengei Poetih, and Kotangan.
Total Area: 9517 bouws = 17,950 acres.
Situation : East-coast of . Sumatra. The Soengei Mangkei and Liberta
estates are situated in the district of Batoe Bahra; the other estates
in the Serdang district. There are ample means of communication
by railway and by good roads with the port of Belawan.
Elevation averages 140 feet above sea level.
Tenure: The lands are held under 60 and 75 years' leases ttom the
Sultan of Serdang, confirmed by the Netherland Indian Qovem-
ment, at an annual rental of /I. — per bouw.
Cultivation: About 3000 acres were under Para Rubber at the end
of 1910, particulars of which are as follows: —
27,943 Hevea trees, planted 1906.
35,137 „ „ „ 1907.
79,685 „ „ „ 1908.
54,618 „ „ „ 1909.
142,460 „ „ „ 1910.
339,843 Hevea trees.
There are also: —
50,000 Ficus trees 4 years old,
412,000 Liberia CoflTee trees, in full production,
356,622 Robusta „ „ (of which 60,000 expected to
produce in 1911).
Production: The 1910 crop amounted to: —
238 lbs. Hevea Rubber,
176 „ Ficus „
.2485 piculs of Liberia Coffee,.
Tapping on a small scale of Hevea trees commenced at the
end of 1910. The estimated output for 1911 is about 22,000
lbs. of Para Rubber.
The Directors propose to plant an additional 600 bouws
(1050 acres) in 1911.
Digitized by
Google
151
General Information: The allotment of profits has to take place as
follows : —
5 pCt. dividend to shareholders; from the remainder: —
15 „ to the reservefund, until this has reached an amount
equal to 25 pCt. of the capital stock; and from the
balance : —
20 „ to the Directors.
80 „ shareholders.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
152
THE NEW KALI SELOGIRI UAVA) PLANTATIONS,
LIMITED.
Founded: March 1911.
Capital: £70,000.— in shares of £1.— each.
Issued: £50,000. — , of which 20,000 vendor shares were issued as fully
paid ; and on 30,000 shares 15 s. has been paid. The balance
is payable in two instalments of 2 s. 6 d. each, six months and
twelve months after allotment.
Purchase Price : £ 36,000.— £ 20,000.— in fully paid shares, and
£ 16,000.— in cash).
Directors: H. de Courcy Hamilton, R. C. Wright, T. Mackie, and A.
M. Chance.
Secretaries and OfHces: Taylor, Noble & Co., 107 Fenchurch Street,
London, KC.
Estates: Kali Selogiri I— IV (Djambirowo).
Total Area: 1193 bouws (2087 acres).
Situation: East-Java, residency of Besoeki, division and district of
Banjoewangi, about 10 miles distant from the port and railway-
station of Banjoewangi.
Elevation varies from 600 to 1600 feet above sea-level.
Tenure: The lands are held under 75 years' leases direct from the
Netherland Indian Government, granted in April 1900, at an
annual rental of / 2. — per bouw (about 1 sh. lid. per acre).
Cultivation: After deducting 10 pCt. for roads, drains, etc. from the
area under cultivation, the net available area at the end of
November 1910 was about as follows: —
145 acres Hevea Rubber, planted 1907-8 (20 X 20 ft.).
229 „ „ „ „ 1908-9 (20 X 20 ft.).
219 „ „ „ „ 1909-10(221/2X221/2 ft.).
105 „ „ „ „ 1910-11 (221/, X 221/2 ft.).
42 „ Ficus Rubber and Coca, planted 1907-9,
740 acres under cultivation.
12 „ buildings, etc.
1335 „ forest, all available.
2087 acres.
There are also 440,000 Robusta Coffee trees interplanted
between the Rubber, which being widely planted gives the
Coffee ample room.
The area covered with Coffee approximates 700 acres.
Digitized by
Google
153
Production: Tapping on a small scale commenced in May 1910. At
the end of December 1910 about 15,000 trees were being tapped,
and this number will be steadily increased.
Production: The estimate of yields and net revenues for the first five
years is given in the prospectus as follows: —
Robusta Coffee. Hevea Rubber. Net Profits,
piculs. lbs. £.
1911 1485 — 2,500
1912 2765 — 3,000
1913 3690 14,525 6,000
1914 4365 45,335 10,000
1915 4740 87,125 13,000
The revenues from Coffee are estimated at 10 piculs per bouw
and at a price of £2. — per picul (from 1912). The estimated
yields of Rubber are worked out on the following basis, viz : —
100 lbs. per acre from trees in the sixth year.
150 „ „ „ „ „ „ „ seventh year.
200 „ „ „ „ „ „ „ eighth year.
250 „ „ „ „ „ „ „ ninth year and upwards
and a calculation of a net profit of: —
2/6 per lb. for 1913,
2/- „ „ „ 1914,
1/6 „ „ „ 1915.
General Information: In order to comply with the Dutch law, the
lands are held in the name of a Dutch Company, registered
in Batavia in 1907 caUed the '^ Maatschappij tot Eploitatie
van het land Kali Selogiri," with a capital of /1 5,000. — in
shares of / 1000, the whole of which was acquired by the new
Company.
Financial year ends 31st December,
Annual Report issued about May.
Digitized by VjOOQ IC
154
CULTUUR MAATSCHAPPIJ " NIEU W-TJISALAK."
soci6t6 de cultures „NIEUW-TJISALAK."
Founded: July 1908.
Capital: / 1,000,000.— , in 50,000 shares of /20.— each (besides 3000
profit shares, divided into 15,000 parts).
Issued: / 900,000.— (45,000 shares fully paid). The shares are quoted
on the Exchange in Antwerp and Paris.
Purchase Price: / 155,000.— .
Directors: H. Laloux (Chairman), F. Osterrieth (Managing), M. Eich'
C. Engeringh, L. Osterrieth, and A. G. N. Swart.
Registered Office: The Hague, Zeekant 99.
Office of Managing Director: Antwerp, 48 Place de Meir.
Estates: — Nieuw Tjisalak .... 505 bouws.
Tjikamboei 188 „
Tjisolear 483 „
Total Area: 1176 bouws (2050 acres).
Situation: West-Java, residence of Bantam, division of Lebak, districts
of Rangkas Betoeng and Sadjira, at a distance of about 4Y||
miles from the Rangkas Betoeng railway-station. .
Elevation varies from 250 to 500 feet above sea-leveL,
Tenure: The estates are held under 75 years' leases direct from the
Netherland Indian Government, granted in the years 1900-1901,
at an annual rental of /I. — per bouw (about ll^gd. per acre).
Cultivation: At the 31st December 1910 an area of 308 bouws (539
acres) was under cultivation, and planted with 134,815 Rubber
trees.
The ages of the rubber trees are given at the end of 1910 as: —
30,000 Hevea trees, 6 years old.
12,000 „ „ 5 „ „
53,000 „ „ 4 „ „
34,815 „ „ 1 „ „
129,815 Hevea trees.
1350 Ficus trees,
6
years
old
U50 „ „
5
»»
it
2200 „ „
3
»
it
5000 Ficus trees.
It is the intention of the Directors to extend the plantations
up to 400,000 Rubber trees.
Digitized by VjOOQ IC
155
The actual output of dry Rubber up to the 31st December 1910
was 4502 Kilos (about 9930 lbs.), and in:—
1911.
January 790 Kilos.
February 1074 „
March 1098 „
April 1095 „
May 1395 ,,
5452 Kilos (12025 lbs.)
The crops for the next
years were estimated at: —
13,500 Ki
Jos for 1911
26,400 ,
, „ 1912
58,250
, „ 1913
90,350
, „ 1914
127,750
, „ 1915
189,660
, „ 1916
266,400
„ ,, 1917
352,100
, „ 1918.
General Information : The allotment of profits has to take place as
follows : —
5 pCt. to reservefund, until this has reached an amount equal
to 10 pCt. of the capital stock.
6 „ on the paid-up capital, to shareholders.
10 „ to the Directors together.
An amount, equal to the above 6 pCt. dividend, to the
holders of profit shares.
The remainder will be divided, half to shareholders and half
to the holders of profit shares, unless the General Meeting of
Shareholders decides to set this remaining sum apart to form
an extra reservefund.
Financial year ends 31st December.
Annual Report issued about July.
Digitized by VjOOQ IC
156
NIRMALA GAVA) PLANTATIONS AND LANDS
COMPANY, Ltd.
Founded: September 1909.
Capital: £ 180,000.— in £ 1.— shares.
Issued: £130,000.—, of which 110,000 shares are fully paid, and
20,000 shares 7/6 per share paid (issued at 5/- premium).
Purchase Price: £83,333. — in cash. The vendors have the option
to take at par during four years 20,000 of the unissued shares.
Directors: W. Hilliers (Chairman and Managing Director), A. Bryans,
J. L. Shand, and G. B. Owen.
Secretaries and Offices: Rowley, Davies & Co., 27 Mincing Lane,.
London, E.C.
Estate: Nanggoeng.
Area: About 13,300 acres. The above mentioned price however was
paid for an area of 10,900 bouws = 19,000 acres. In October
1910 the Company sold about 5700 acres to the Mandalasari
Estates, Ltd. (a tea-planting Company), at £ 7. 10 sh. per acre,
half payable in fully paid shares and half in cash.
Situation: West- Java, residency of Batavia, division of Buitenzorg,
district of Leuwiliang, about 20 miles distant from the railway
station of Buitenzorg.
Elevation varies from 1000 to 5000 feet above sea-level.
Tenure: The land is freehold property.
Cultivation: In November 1910 there were 350 acres planted with
rubber and 850 acres cleared.
Upwards of 1900 acres are under Assam tea, of which about
70 pCt. are in bearing,
935 acres are rice-fields.
Production: For period ending 31st December, 1910, the yield was
777,767 lbs. of tea.
Financial year ends 31st December.
Annual Report issued in May.
Digitized by VjOOQ IC
157
EXPLOITATIE MAATSCHAPPIJ "NOEMBING.'
Founded: October 1907.
Capital: / 1,000,000.— in shares of /lOO.— each (and 600 profit shares;
divided in 6000 parts).
Issued: / 500,000.— , of which 80 pCt. has been paid.
The shares are quoted on the Exchange in Brussels.
Directors: J. Ancion (chairman), D. van Houten, T. de Bruyn (Mana-
ging Director), A. Berlemont, Ch. de Lantsheere, E. Marchal,
E. Prisse, and J. van Stappen.
Auditors: L. de Neuville, G. Scheys, and L. Vin.
Registered Office: The Hague, Molenstraat 39.
Office of Managing Director : Brussels.
Estates: Gin Besar (3190 hectares), Gin Ketjil (2180 hectares), Kojang
(3050 hectares), and Kelong (2500 hectares).
Total Area: 10920 hectares = 15390 bouws = 26985 acres.
Situation: The estates, comprising four islands of the Riouw Archi-
pelago, are situated in the residency of Riouw, division of
Tandjong Pinang, and are distant about 20 miles from Tandjong
Pinang, the port of the isle of Riouw, and about 70 miles
from Singapore. The Company's steamlaunch entertains the
connection with these ports of call.
Tenure : The lands are held under 75 years' leases, expiring April 1982,
from the Sultan of Riouw, ratified by the Netherland Indian
Government, at an annual rental of 50 dollar-cents per bouw.
Cultivation: At 31st December 1909 an area of 516 hectares (1275
acres) was under cultivation with
178,243 Hevea trees, 11/4 to 2 years old.
11,000 Cocunut trees, IV4 to 2 years old (265 acres).
7,125 pepper vines, for the greater part in bearing.
Details of the rubber are:
900 acres, planted in 1907-8.
375 „ „ „ 1908-9.
Furtlier extensions have been taken in hand.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. to a reservefund until this has reached an amount
equal to 25 pCt. of the capital stock; and
6 „ dividend to shareholders. From the remainder: —
IV2 '« *^ ®*^^ Director.
1/2 „ to each Auditor. And from the balance : —
75 „ to shareholders, and
25 „ to the holders of profit shares.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
158
OOST JAVA RUBBER MAATSCHAPPIJ.
Founded: December 1909.
Capital: / 1,200,000.— in shares of /lOOO.— each.
Issued : / 1,000,000.—, fully paid.
Purchase Price: / 610,000.— (/ 257,500.— in cash and/ 352,500.— in
fully paid shares).
Managing Directors: Messrs. Koch & Suermondt.
Members of the Board : H. Elink Schuurman Gzn., A. C. A. Eschauzier,
C. van Gilse van der Pals Hzn., F. A. C. J. Mohr, and J. P.
Schalkwijk.
Registered Office: Rotterdam, Wijnstraat 124.
Estates: Soember Bokor A and B (935 bouws), Soember Djeroe c.a.
(1889 bouws), Pantjoer Sarie c.a. (1295 bouws).
Total Area: 4119 bouws = 7210 acres.
Situation: East-Java, residency of Pasoeroean, division of Malang,
district of Toeren.
Elevation varies from 1500 to 2200 feet above sea-level.
Tenure : The lands are held under 75 years leases from the Netherland
Indian Government, granted in 1890/92, at an annual rental
of /2.50 per bouw for the estate Soember Bokor and /I.—
per bouw for the other estates.
Cultivation: At 31st December 1910 an area of about 2700 bouws
(4725 acres) was under cultivation with Rubber and Coffee and
a few P'epper and Coca. Details of the Rubber trees are as
follows : —
48,500 Hevea trees, 3 years old.
60,900 „ „ 2
188,100
12,000 Ficus
9,000 „
250,250 Ceara
1,800 Dichotoma trees.
400 old Castilloa trees.
planted in 1910.
from 1 to 3 years old.
planted in 1910.
of various ages.
570,950 Rubber trees (planted between the Coffee).
The Coffee plantations consist of: —
5,000 Robusta Coffee trees, 4 years old.
80,000 „ „ „ 3 „ „
300,000 „ „ „ 2-3 „ „
431,100 „ „ „ 1 year old.
1,023,400 „ „ „ planted in 1910.
1,839,500 Robusta Coffee trees.
There are also more than 4 million Java and Liberia Coffee
trees in full bearing.
Digitized by
Google
159
Production: The 1910 yield consisted of: —
1355 piculs of Coffee.
70 „ „ Pepper.
112 „ „ Coca.
44 „ „ other produce.
The Coffee-crop for 1911 is estimated at 3250 piculs.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to the reservefund.
6 „ dividend to shareholders ; and from the remainder : —
10 „ to the reservefund.
10 „ to the Managing Directors.
10 „ to the Members of the Board.
70 „ to shareholders.
Financial year ends 31st December.
Annual Report issued about April/May.
Digitized by VjOOQ IC
160
THE PAKAN BAROE RUBBER ESTATES, LIMITED.
Founded: December 1910.
Capital : £ 65,000.— in £ 1.— shares and £ 40,000.— six pCt. Conver-
tible Debenture stock.
Issued: £23,025.— fully paid (of which 23^000 vendor shares) and
£30,000.— 6 pCt. Debentures, 50 pCt. paid-up, the balance
being payable as to 10 pCt. on each 1st May and 1st -November,
until fully paid.
Purchase Price : £ 31,300.— (payable £ 8,300.— in cash and £ 23,000.—
in fully paid shares).
Directors: E. W. Burch (Chairman), C. E. Welldon, T. C. Owen, and
J. J. Stein.
Secretaries and Offices: Peek Bros, and Winch, Ltd., 20 Eastcheap,
London, E.C.
Estate: Soeka-Djadi no. 2.
Area: 3500 hectares = 8,645 acres.
Situation: East-coast of Sumatra, State of Siak, district of Bengkalis,
on the Government road, about 1 mile distant from the town
of Pakan Baroe on the Siak River, which up to this point is
navigable for steamers. Pakan Baroe is approximately 24 hours
by steamer from Singapore.
Elevation: 40 feet above sea-level.
Tenure : The property is held on lease for 75 years from the 10th day
of February 1907, renewable after eltpiration. No rent is payable
for the first five years, but subsequently the rate is at/ 1. — per
hectare, equal to about 8 d. per acre.
Cultivation: In April 1911 there was an area of 364 acres under culti-
vation, as follows: —
4 years Hevea Rubber 4 acres.
^^ '2 » »» " ^ »
^ >» >» » «'•*•»>
2V2 » n n 215 „
2V4 " " » 55 «
planted in 1909/10 35 „
364 acres.
General Information: The Debenture Stock is convertible at par into
Ordinary shares upon any of the usual quarter days before
31st December 1916. If not converted the Company has the
right to redeem the Debenture stock at any time, after six
months notice, at £ 105 per cent. In consideration of the payment
of £ 3500. — by the Vendor Company (the Siak (Sumatra) Rubber
Estates Ltd.), the Java Investment Loan and Agency, Ltd,
undertakes to pay the 6 pCt. interest on the £ 30,000. — Deben-
ture Stock now offered half yearly up to the 31st December 1913.
Financial year ends ) ^ x j -j j
* ^ « . . , . f iiot yet decided.
Annual Report issued in ) •^
Digitized by VjOOQ IC
161
socie:tM: hollandaise de caoutchouc
"panindjawan."
Founded: May 1910.
Capital: Frs. 600,000.— in 2000 shares of Frs. 303.— each, besides
100 profit shares.
It was reported that the capital of the Company will be
increased to frs. 1,000.000.—.
Issued : Frs. 600,000,—.
Purchase Price : Frs. 525,000. — , and 100 profit shares.
Registered Office: Brussels.
Estate: Panindjawan.
Area: 718 bouws = 1275 acres.
Situation : West-coast of Sumatra, residency of " Padangsche Beneden-
landen," division of Priaman, sub-division of Kajoetanam, district
of Kapalu Hilalang.
Tenure: The land is held under 75 years' lease direct from the
Netherland Indian Government, granted in October 1902, at
an annual rental of /I. — per bouw.
Cultivation: It is intended to grow Rubber and CofiFee on the estate.
Financial year ends 31st December.
Annual Report issued in June (not before 1912).
11
Digitized by VjOOQ IC
162
PETOONG (JAVA) RUBBER ESTATES, LIMITED.
Founded: March 1910,
Capital: £70,000.— in 2 s. shares.
Issued: £63,000.—, fully paid.
Purchase Price : £ 45,000.— (£ 23,000.— in cash, and £ 22,000.— in
fully paid shares).
Directors: W. A. WiUs, W. H. Peach, C. D. Marson, J. W. Chisholm,
and H. T. van Laun.
Secretary and Offices: Ch. H. Lawson, 4 London Wall Buildings,
London, E.C.
Estates: Fetoeng Omboh I and II.
Total Area: 611 bouws = 1070 acres.
Situation : East-Java, residency of Kediri, division and district of Blitar,
on the South-Western slope of mount Kloet, distant about 11
miles from Blitar, and 10 miles from Garoem railway stations.
Elevation varies from 1400 to 1 800 feet above sea-level.
Tenure : The lands are held under 75 years' Government leases, granted
respectively in August 1881 and in September 1885, at an
annual rental of / 6. — per bouw (£ 300. — per annum).
Cultivation: When the estates were taken over the plantations
comprised : —
14,229 Hevea trees.
11,958 Ficus „
1,967 Castilloa „
595,725 Java Coffee trees, in bearing.
177,640 Robusta Coffee trees, partly bearing.
23,040 Liberia „ „ , in bearing.
The ages of the Rubber trees were at that time: —
51 trees over 15 years old,
3,394 „ „ 7 „ „
6,579 „ » 6 „ „
24,721 „ „ 5 „ „
34,745 Rubber trees.
Production: The 1910 crop was estimated at: —
400 piculs Java Coffee.
150 „ Liberia.
25 „ Robusta Cofffee.
575 piculs Coffee.
General Information: In order to comply with the Dutch law, the
estates continue to be held in the name of the Dutch vendor-
Company: the Cultuur M^atschappij "Petoeng Ombo Blitar,*'
registered in Sourabaya in September 1904, with a capital of
/ 100,000.-— in shares of / 1000.— each, the whole of which
was acquired by the present Company.
Digitized by
Google
163
POELAHAN RUBBER MAATSCHAPPIJ.
Founded; February 1911.
Capital; / 500,000.— in shares of / 1000.- each, besides 100 profit shares
Issued; / 150,000.— ,
Purchase Price: / 55,000.— in fully paid shares.
Managing Director: W. H. van Marie.
Members of the Board : Th. C. Dentz, J. Louet Feiser, W. Geuken,
J. H. Marinus, and G. M. Schuurman.
Registered OfQce: Amsterdam.
Estate: Poelahan.
Area: about 2000 hectares = 2820 bouws == 4940 acres.
Situation; East-coast of Sumatra, district of Asahan.
Tenure: The land is held under 75 years' lease from the Sultan of
Asahan, approved by the Netherland Indian Government in
August 1910.
Cultivation: The land consists of virgin jungle. Eubber will be grown
on the estate.
General Information: The alloment of profits, after deduction of an
amount for a reservefund, has to take place as follows; —
6 pCt. dividend to shareholders; and
From the balance: — •
42 „ to shareholders.
28 „ to the holders of profit shares.
10 „ to the Managing Director.
20 „ to the Members of the Board together.
Financial year ends 31st December.
Annual Report issued before July.
Digitized by VjOOQ IC
164
RUBBER MAATSCHAPPU "POELAU RAMBOENGJ
.. Founded: August 1910.
Capital: / 500,000.— in shares of /lOOO.— each.
Issued: / 200,000.— , fully paid.
Purchase Price: /1 20,000. — , in fully paid shares.
Directors: G. W. H. G. W. .Baron van der Feltz (Managing), Octave
Collet, D. A. den Boesterd, and G. van Gils.
Registered Office: Medan (Deli).
Estate: Poelau Ramboeng.
Area: 5401 bouws = 9452 acres.
Situation: East-coast of Sumatra, district of Lower-Langkat, about 15
miles distant from the railway station at Padang Tjermin.
Tenure: The land is held under 75 years' lease from the Sultan of
Langkat, ratified by the Netherland Indian Government, at an
annual rental of /I. — per bouw. The lease expires in Sep-
tember 1981.
Cultivation: In December 1910 an area of about 140 acres was under
cultivation with approximately 12,000 Hevea trees, planted in
1910, while 280 acres were ready for planting.
The Directors propose to extend the Rubber plantations up
to 3500 bouws.
General Information : The allotment of profits —after writing oflF 10 pCt.,
and after deduction of the usual percentage to the European
staff — has to . take place as follows : —
6 pCt. dividend to shareholders;
And from the balance:
7V2 » ^ *^^ Managing Director.
127, „ to the other Directors together.
10 „ to a reservefund, until this has reaehed an amount
equal to half the issued capital, and
70 „ to shareholders.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
165
PONTIANAK RUBBER ESTATE, LIMITED.
Founded: March 1910.
Capital: £110,000.—, in shares of 2s. each.
Issued : £ 90,000. — , fully paid. The vendor has guaranteed a dividend
of not less than 5 pCt. per annum up to 30th. April 1913 on the
• present issue.
Purchase Price: £70,000.—, payable as to £20,000 in fully paid
shares and £50,000 cash.
Directors : F. Ritchie, J. E. Cort, J. T. Grein, A. Sim, and R. H. Kerr.
Secretary and Offices: J. J. Moir, Finsbury House, Blomfield Street,
London, E.G.
Area: 2000 acres.
Situation: Dutch West- Borneo, district of Pontianak, at a distance of
about 15 minutes from the seaport of Pontianak.
Tenure: The land is held under 75 years' lease from the Sultan of
Pontianak, ratified by the Netherland Indian Government, at
an annual rental of / 1175. — . The lease expires in 1985, and
is renewable after expiration.
Cultivation : An area of about 600 acres is under cultivation. Particulars
of the Rubber trees are as follows: —
2,500 Hevea trees, 5 to 6 years old
2,500 „ „ 2
20,000 „ „ 1
40,000 „ „ under 1 year.
65,000
There are also large numbers of indigenous Rubber trees,
besides tapioca, coconuts, rattan, sago, and other crops.
Estimated Profits: The profits for the next years were estimated as
under : —
/ Coconuts and
Rubber. Tapioca, other produce. Total.
1910/11 £ 3,750 £500 £ 700 £ 4,950
1911/12 „ 7,312 ,,500 „ 800 „ 8,612
1912/13 ,.11,620 ,,500 „ 800 „ 12,920
1913/14 ,,16,250 ,,300 ,,1000 ,,17,550
1914/15 ,,21,250 ,,200 ,,1500 ,,22,950
The Rubber profits are worked out at 3 s. per lb, for 1910
to 1912, 2 s. 6 d. per lb. for 1912/13, and 2 s. per lb. for 1913
to 1915.
Digitized by
Google
166
Dividends : The vendor has deposited a sufficient sum with the National
Bank to secure a dividend of not less than 5 pCt. per annum
up to 30th. April 1913 on the present issue.
General Information : In order to meet the requirements of the Dutch
law, the estates are held in the name of a Dutch Company,
called " Fontianak Rubber Maatschappij,'' registered in Amsterdam
in August 1910, with a capital of / 60,000. — in shares of
/ 1000. — each, the whole of which was acquired by the present
Company.
Financial year ends 30th. April.
Annual Report issued about June.
Digitized by VjOOQ IC
167
PREANGER RUBBER MAATSCHAPPIJ.
Founded: October 1909.
Capital: / 1,200,000.— in 1200 shares of /lOOO.— each.
Issued: / 1,000,000.— , fully paid, of which / 400,000.— were offered
for public subscription in June 1911 at 5 pCt. premium, the
whole of which was taken by the present shareholders.
Purchase Price : / 400,000. — in fully paid shares for the 2 estates in
the Preanger.
/ 175,000. — in cash for the estate Warnasari, purchased
in 1910.
Managing Directors: H. J. Nolte, and J. H. Haas.
Members of the Board: J. D. M. de Voogt, J. H. Fock Jr.,
Jonkheer J. C. A. van Haeften, L. S. G. de Hartog, and
W. G. Wieringa.
Registered Office: Amsterdam, Sophiaplein 2.
Estates: 1. Fenandjong Mandalareh, 804 bouws (Preanger).
2. Warnasari 1141 „ (Banjoemas)
Total Area: 1944 bouws = 3400 acres.
Situation: Java, residency of "Preanger Regentschappen," division of
Soekapoera, district of Bandjar, about 1 hour distant from
the Langen and Bandjar railway stations (estate no 1); and
residency of Banjoemas, division of Tjilatjap, district of Dajeuh
Loehoer, about 6 miles distant from Bandjar railway station
(estate no 2).
Elevation above sea-level of estates 200 feet.
Tenure : The lands are held under 75 years' leases from the Ketherland
Indian Government, granted in 1900 and 1902, at an annual
rental of /1.50 per bouw for the Preanger estates and /2.—
per bouw for the estate Warnasari.
Cultivation: The plantations comprise: —
Planted. Hevea trees. Ficus trees,
1904 — 2,000
1905 18,000 11,480
1906 31,000 85,273
1907 58,000 123,141
1908 21,000 7,680
1909 — —
1910 11,000 18,700
Total 139,000 248,274
73,000 Manilla hemp plants in full production.
65,000 Robusta Coffee trees, planted in 1909.
At the end of 1910 a total area of 990 bouws was under
cultivation.
Digitized by VjOOQ IC
168
Production: The lOlOcropconsistedof 8984 Kilos of Manilla hemp fibre.
Tapping of the Rubber trees commenced in July 1910 and
up to 31st December 1910 the output was 138 Kilos.
The prospectus contains the following estimate of Rubber crops : —
1911 . . 8,250 Kilos.
1912 . . 25,775
1913 . . 54,485
1914 . . 74,730
1915 . . 79,520
1916 . . 80,640
The actual output in 1911 was: —
January 131 Kilos Rubber
February 228 „
March . . 476 „ „
April 777 „
May 947 „
The Coffee will enter into bearing in 1912; and the yield from
Manilla hemp is estimated at 90 tons in 1910, and 150 tons
in 1911 and following years.
General Information: The allotment of profits has to take place as
follows :—
5 pCt. dividend to shareholders.
From the remainder: —
10 „ to the reservefund, until this has reached an amount
equal to 25 pCt. of the capital stock.
And from the balance: —
10 „ to Managing Directors.
10 „ to the Members of the Board.
5 „ to Deputy of the Board in Java.
75 „ to shareholders.
Financial year ends 31st December.
Annual Report issued about July.
Digitized by
Google
169
RINI QAVA) RUBBER ESTATES, LIMITED.
Founded: January 1910.
Capital : £ 55,000.—, in 25,000 Ordinary shares o! £ 1.— each, and 30,000
6 pCt. Participating Preference shares of £ 1. — each.
Issued: £44,000.—, in 14,000 Ordinary shares (vendors'), and 30,000
6 pCt. Participating Preference shares, both fully paid. The
Preference shares are preferential as to capital and non-
cumulative dividend of 6 pCfc., and rank „pari passu" with the
Ordinary shares as to dividend, after G pCt. has been paid on
Ordinary shares.
Purchase Price: £27,900.— (£ 13,900.— cash, and £ 14,000.— in fully
paid shares), with the option to take at par 5500 of the unissued
shares prior to 31st December 1911^ and 5500 shares prior
to 1913.
Directors: G. M. Dundas-Mouat, A. G. Angier, C. D. Rotch, W. Murray,
and A. Latimer.
Secretaries and Offices: Alexander Latimer & Co., 21 Mincing Lane,
London, E.G.
Estates: Rini I, II and III.
Total Area: 819 bouws=U33 acres.
Situation : East-Java, residency of Kediri, division of Blitar, district o^
Wlingi, on the South- Western slope of Mount Kawi, about six
miles from the Wlingi railway station.
Elevation varies from 1500 to 2400 feet above sea-level.
Tenure: The lands are held under 75 years* Government leases from
the Netherland Indian Government, granted in the years 1878,
1879 and 1881, at an annual rental of /5.— per bouw (£ 346.—).
Cultivation: The whole area is practically under cultivation with
Rubber, Coffee, Cacao and other crops. Details of the Rubber trees
art as follows: —
700 trees, planted in 1901
1,500 ,
, 1902
6,600 ,
, 1903
5,300 ,
, 1903/4
9,050 ,
, 1905
11,850 ,
, 1906
2,000 ,
, 1907
80,000 ,
, 1910.
117,000 Rubber trees,
of which 26,000 are Ficus,
6500 Castilloa, 82,500 Ceara and 2000 Hevea trees.
Digitized by VjOOQ IC
170
The other plantations consist of: —
380,000 Java Coffee trees (old plantations).
90,000 Liberia „ „ in bearing.
160,000 Robusta „ „ „ „
46,000 Hybride grafts.
48,000 Cacao trees „ „
10,000 Capoc trees „ „
28,000 Nutmeg trees „ „
8,000 Pepper trees „ „
6,000 Cinnamon trees „ „
200,000 Coca trees „ „
The whole has been planted wide to allow Rubber to be
interplanted. The Directors proposed to proceed at once with
the interplanting of 1000 acres.
Production: The 1910 crop was estimated at: —
300 piculs Java Coffee
300 „ Liberia „
300 „ Robusta „ and
441 „ of other produce.
The estimate of rubber crops for the next years was as
follows : —
1911 12,320 lbs.
1912 22,490 „
1913 60,480 „
1914 212,800 „
General Information : In order to comply with the Dutch law, the
lands are held in the name of a Dutch company, the „Rini
Rubber Maatschappij", registered in Amsterdam in 1910, with
a capital of / 132,000.— in shares of / 1200.— each, the whole
of which was acquired by the present Company.
Digitized by VjOOQ IC
171
ROTTERDAM— DELI HEVEA, LIMITED.
Founded: March 1911.
Capital: £120,000.— in 1,200,000 shares of 2 sh. each.
Issued: £100,000. — , fully paid. An option at 121/3 pCt. premium has
been given on the balance of 200,000 shares.
Purchase Price : £ 50,000.—, (£ 40,000.— in cash and £ 10,000.— in
cash or shares at the option of the Rotterdam- Deli Hevea, Ltd.)
Directors : C. Weeding Skinner, W. Norfolk, H. A. van Nievelt, O. F.
Weise, and Sir W. B. Hudson.
Secretary and Offices: W. P. Smith, 9-11 Fenchurch Avenue, Lon-
don, E.C.
Estate: Bahilang.
Area: 2564 bouws = 4490 acres.
Situation: East-Coast of Sumatra, division of Serdang, district of
Padang and Bedagei, about 1 mile distant from the Tebing
Tinggi railway station.
Tenure: The land is held under lease, expiring June 1961, from the
Sultan of Serdang, confirmed by the Netherland Indian Govern-
ment, at an annual rental of /I. — per bouw (llVs d. per acre).
Cultivation: In March 1911 the plantations consisted of: —
64,700 Hevea trees .... 2V3 years old.
18,000 „ „ .... over 1 year old.
23,000 „ „ .... planted 1910.
105,700 Hevea trees (20 X 20 feet).
It is intended to plant 50,000 additional Hevea trees per annum.
Tobacco will also be grown on the estate. To this effect
divisions of 500 acres will annually be cleared and planted, first
with Tobacco and afterwards with Hevea trees.
action and Profits: The prospectus contains the
following
estimate : —
Yean starting.
Goaranteed Profits Namber of Para
from Tobacco. trees prodnciog.
Profits
from
Rubber.
Dividends.
June 1911
£ 5,000.— —
6 pCt.
„ 1912
„ 5,000.— 64,700
£ 4,000.—
9 „
„ 1913
„ 5,000.— 100,000
„ 14,000.-
19 „
„ 19U
„ 5,000.— 150,000
„ 23,000.-
28 „
„ 1916
— 200,000
„ 41,000.—
40 „
„ 1916
— 250,000
„ 63,000.—
60 „
„ 1917
— 300.000
„ 89,000.—
80 „
The above figures do not include anj
' profit from five years
of Catch crops.
Digitized by
Google
172
Dividends: A fixed profit from Tobacco of £5000. — per annum has
been guaranteed to this Company by the "Rotterdam-Deli
Maatschappij/' a Tobacco-growing Company (whose shares are
marketable at about 400 pCt. premium). This will assure a net
minimum dividend at the rate of 5 pCt. per annum for 4 years
on the issued capital, payable half-yearly, June and December,
apart from Rubber-produce.
General Information: The estate is acquired from the "Rotterdam-
Deli Maatschappij," who have contracted to superintendend and
carry out the Rubber cultivation for the Company, at a very
greatly reduced expenditure, for three-fifths of the cost of plan-
ting will be born by the "Rotterdam-Deli iMaatschappij", and
at the end of four years 300,000 Rubber trees should then be
planted.
Financial year ends 31st May.
Digitized by VjOOQ IC
173
ROTTERDAM-TAPANOELI CULTUUR MAATSCHAPPIJ.
Founded: October 1907.
Capital: / 2,500,000.— in 2500 shares of /lOOO.— each (and 100 profit
shares).
Issued: / 1,000,000.—, fully paid.
Purchase Price: /1 3,000. — in fully paid shares.
Managing Directors: J. A. Ruys, and L. te Wechel.
Members of the Board : B. Bakker Bzn., Baron H. V. Bentinck, P.
J. van Ommeren, Dr. P. van Romburgh, M. Tabingh Suermondt,
Ewald Tweer, G. Voorhoeve.
Registered Office: Rotterdam, Zuidblaak 64. .
Estates: Hapesong, Si Honas, Torna Pintjoer, Aik Pahoe and Permal-
doean.
Total Area: 3900 bouws (6825 acres). In 1910 the Company obtained
a new concession of 4000 bouws, so that the grounds of the
Company comprise at present 7900 bouws (13,825 acres). (The
inclusive charges for acquiring this parcel amount to about
/ 40,000.— ).
Elevation: 200 to 500 feet above sea-level.
Situation: West-coast of Sumatra, residency of Tapanoeli, division of
Angkola and Sipirok, near the port of Siboga.
Tenure: The estates are held under 75 years' leases from the Nether-
land Indian Government, at an annual rental of about / 1. —
per bouw.
Cultivation: At the end of 1910 an area of 622 bouws (1100 acres)
was under cultivation with 153,169 Rubber trees, of which
140,000 Heveas and 13,000 Ficus, planted as follows:—
12,781 trees in 1907.
38,010 „ „ 1908.
61,151 „ „ 1909.
41,227 „ „ 1910.
153,169 Rubber trees.
About 42 bouws were interplanted with 43,669 Robusta
Coflfee bushes, partly entering into bearing.
It is intended to extend the plantations in 1911 up to 800
bouws, and to increase the interplanting of Robusta Coflfee.
Production: The prospectus contained the following estimates of Rubber
crops : —
in 1914 24,000 Kilos.
„ 1915 51,000 „
„ 1916 67,500 „
„ 1917. ...... 72,000 „
According to the latest reports however returns may already
be expected in 1912, as the first planted trees have now pr : ved
to be tappable.
Digitized by
Google
174
General Information: The allotment of profits has to take place as
follows : —
5 pCt. to reservefund.
From the remainder: —
6 „ dividend to shareholders.
And from the balance: —
65 „ to shareholders.
10 „ to the Managing Directors together.
15 „ to the Members of the Board together.
10 „ to holders of profit shares.
Financial year ends 31st December.
Annual Report issued about April-May
Digitized by VjOOQ IC
175
THE SAHANG RUBBER ESTATES, LIMITED.
Founded: August 1909.
Capital: £65,000.— in £1.— shares.
Issued: £55,000. — (15,000 vendor shares, fully paid, and 40,000 shares
on which 15 s. has been paid). The call of the balance of 5 s.
is payable on the 1st July 1911.
For the first four years a dividend of. 5 pCt. per annum is
guaranteed by the vendor.
Purchase Price: £25,000.— (£10,000 cash, and £15,000.— in fully
paid shares).
Directors: Lord Kingsdale (Chairman), H. Wallis Wood, F. Ritchie,
R. H. Hedderwick, and C. L. P. White.
Secretaries- and Offices: Wallis Wood & Co., 29 Rood Lane,
London, E.C.
Estates: Soengei Sahang I and II.
Total Area: 2060 acres.
Situation: Dutch West-Borneo, district of Pontianak, about 3 miles
from the port of Pontianak.
Tenure : The lands are held under lease from the Sultan of Pontianak,
ratified by the Netherland Indian Government, for a period of
75 years. The lease is renewable after expiration. The annual
rental for the first year is £ 19 4 s., rising by an annual
increase of £19 4 s. to £96. — in the fifth and following years.
Cultivation: At the end of December 1910 there were 600 acres of
cleared land, of which 400 acres, were planted with: —
14,000 Hevea trees, 2 to 4 years old.
22,000 „ „ 4 „ 9 months old.
36,000 Hevea^trees, interplanted with
30,000 pineapple trees, in full bearing.
Further extensions are being made.
Production: The Rubber trees should commence to yield in 1912/13
and the Directors estimate that in the year ending June 1914
the output will be: —
150 lbs. of dried Rubber per acre; and not less than
300 „ „ „ „ „ „ for the year 1915.
Dividends : The vendor has guaranteed a dividend of 5 pCt. per annum
for the first four years.
General Information : In order to meet the requirements of the Dutch
law, the estates are held in the name of a Dutch Company,
called "Sahang Rubber Maatschappij,'' registered in Amsterdam
in January 1911, with a capital of / 60,000. — in shares of
/lOOO. — each, the whole of which was acquired by the present
Company.
Digitized by VjOOQ IC
176
CULTUUR MAATSCHAPPIJ „SALATRI PLANTATIONS".
Founded: April 1910.
Capital : / 1,000,000.— in shares of / 500.— each (and 200 profit shares).
Issued : / 500,000. — , fully paid. The vendors have guaranteed a dividend
of 4 pCt. per annum for 5 years.
The shares are quoted on the Exchange in Amsterdam.
Purchase Price : / 200,000. — in fully paid shares, and 200 profit shares.
Managing Director: J. F. A. M. van Waesberghe.
Members of the Board : W. H. Bogaardt, A. A. H. Boon Hartsinck^
Patrice Cramer, P. W. Hoegen, and A. J. F. Fokker.
Technical Adviser: Dr. A. H. Berkhout.
Registered Office: Amsterdam, Heerengracht 136.
Estate: Salatri.
Area : 1916 bouws = 3355 acres.
Situation: West-Java, residency of Preanger Regentschappen, district
of Tjidamar, distant about 19 miles from the railway station
at Tjibeber, and about 8 miles from Leles.
Elevation varies from 50 to 300 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Netherland
Indian Government, granted in December 1908, at an annual
rental of /I. — per bouw from 1912.
Cultivation : In 1910 an area of 50 bouws was planted with Hevea trees.
The Directors propose to plant in addition 250 bouws with
Etevea trees in 1911 and 200 bouws in 1912.
Dividends: A dividend of 4 pCt. per annum has been guaranteed for
5 years (1910-1915), payable half-yearly on the 1st of May and
the 1st of November.
General Information: The allotment of profits, after deduction of 5
pCt. for the reservefund until this has reached an amount of
/ 125,000. — , has to take place as follows: —
6 pCt. dividend to shareholders.
And from the remainder: —
5 „ to the Managing Director,
to the Technical Adviser,
to the Members of the Board,
to the Estate Manager in Java,
to Superintendent in Java,
to the holders of profit shares, and
to shareholders.
5
15
3
o
10
60
Financial year ends 31st December.
Annual Report issued about July.
Digitized by VjOOQ IC
177
THE SAMPANG (JAVA) RUBBER PLANTATIONS, LIMITED.
Founded: January 1911.
Capital: £100,000.— in 2 s. shares.
Issued: £73,000.—, fully paid.
Purchase Price: £43,350. — in cash, with the option for call over
270,000 reserve shares at the price of 3 s. per share.
Directors: R. N. G. Bingley (Chairman), L. T. Boustead, Hon. E.
Coke, J. W. Davy, and W. H. Glanville.
Secretaries and Offices : Boustead, Anderson & Co., 30 Mincing Lane,
London, E.C.
Estates: Sampang Peundeui I — VII, Tjimangsoed I and II, and Pasir
Boedjal.
Total Area: about 4971 acres.
Situation: West-Java. The Sampang Peundeui estates are situated in
the residency of Bantam, division and district of Lebak, about
14 miles by good Government road from Rangkas Betoeng;
the Tjimangsoed estates are about 1 mile from Tjipatat railway
station in the district of Radjamandala, division of Bandoeng,
residency of Preanger Regentschappen.
Elevation: of Sampang Peundeui varies from 200 to 500 feet; 6£
Tjimangsoed from 1200 to 1400 feet above sea-level.
Tenure: The lands are held under 75 years' Government leases, the
oldest dating from 1901, at an annual rental of /I. — and
/2. — per bouw.
Cultivation: There were at the end of the 1910/11 season 1020 acres
under Hevea Rubber viz.: —
^, , , . Sampang Tjimangsoed. Total Acres
Planted in. Peundeui. ^^^8 ^^^^ ^^^^^^^
Acres.
1906/7 70 — 70
1907/8 105 157 262
1908/9 87 198 285
1909/10 140 — 140
1910/11. 263 — 263
665 355 1020
About 800 acres are interplanted with CofiFee, the earliest
planting being already 3 years old.
12
Digitized by VjOOQ IC
178
Production: Many of the Hevea trees in the oldest clearings of 70
acres will already be tappable this year.
The prospectus gives the following estimate of crops for the
first seven years: —
Rubber. Coffee,
lbs. Piculs.
1911 2,750 59
1912 16,075 618
1913 38,175 2278
1914 69,267 4093
1915 121,530 7115
1916 186,728 7450
1917 277,615 5050
increasing as the present plantations and the proposed extensions
come into full bearing.
General Information: In order to comply with the Dutch Law, the
estates are held in the name of "The Bantam and Preanger
Rubber Company Ltd.,'' registered in Batavia in August 1910,
with a capital of / 1,200,000. — , in shares of/ 10,000. — each, the
whole of which was acquired by the present Company.
Financial year ends 31st March.
Annual Report issued about June.
Digitized by VjOOQ IC
179
RUBBER CULTUUR MAATSCHAPPIJ "SAMPORA"
Founded: July 1909.
Capital: / 325,000.— in shares of /lOO.— , besides 3250 profit shares.
Issued: / 213,300.— .
Purchase Price: / 36,600.— (/ 13,300.— in fully paid shares, and
/ 23,300.— in cash), besides 1765 profit shares.
Managing Director: Dr. G. Dryepondt.
Members of the Board : E. Lejeune Vincent (Chairman), J. S. Bowles,
R. van Romunde, P. Staes, Ph. de Buyl, Count R. van der
Burgh, and Ch. A. M. Liebrechts.
Registered Office: The Hague, Scheveningsche weg.
Office of Managing Director: Brussels, 27 Avenue des Arts.
Estates: Sampora I, II and III.
Total Area: 1330 bouws = 2330 acres.
Situation: West-Java, residency of Freanger Regentschappen, division
of Tjiandjoer, district of Tjidamar, near the railway station at
Tjibeber.
Tenure: The estates are held under 75 years' lease from the Netlierland
Indian Government, granted in December 1908, at an annual
rental of /I. — per bouw.
Cultivation: It was intended to grow on the estate rubber only.
General Information : The allotment of profits — eventually after deduc-
tion of a percentage to the European staff in Java — has to
take place as follows: —
5 pOt. to the reservefund, until this has reached an amount
of / 100,000.— ;
6 „ dividend to shareholders.
from the remainder:
2 „ to the Managing Director,
10 „ to the Meml^rs of the Board,
and from the balance: —
50 „ to shareholders, and
50 „ to the holders of profit shares.
Financial year ends 31st December.
Annual Report issued about August.
Digitized by VjOOQ IC
180
SENNAH RUBBER COMPANY, LIMITED.
Founded: May 1911.
Capital: £500,000.— in £ 1.— shares.
Issued: £450,000.— (250,000 vendor shares, fully paid, and 200,000
shares 10 s. paid).
Purchase Price : £ 252,500.—, payable as to £ 2500.— in cash and
£ 250,000.— in fully paid shares.
Directors : Hon. E. Fielding (Chairman), J. Bunge, F. Copeman, W. Friling,
A. Grisar, M. Sidney Parry, F. Maus, and Ch. Poirson.
Secretary and Office: W. H. Thomson, 9 Arundel Street, Strand,
London, W.C.
Estates: Bljawak, Kaloendang, and Oalixberghe.
Total Area: about 6000 bouws (10,500 acres).
Situation : Eastcoast of Sumatra, sultanate of Bila, district of Laboean
Batoe. The estates are situated on the Bila and Kaloendang
rivers; the former being navigable communication is easy with
the port of Laboean Bilik, from whence the steamers of the
Royal Dutch Packet Company run to Singapore in about 30 hours,
and to Tandjong Balei, Asahan, in about 8 hours.
Tenure: The title consists of a concession, ratified by the Dutch
Government, for 75 years from April 1906, renewable after
expiration. The annual rental amounts to /I. — per bouw (about
llVg d. per acre).
Cultivation: The area under cultivation at the end of 1910 was
3321 acres, planted with about 445,000 Hevea trees, viz.: —
Hevea trees.
Acres.
Age.
39,500
295
4 years
60,800
454
3 „
224,700
1677
2 „
87,400
652
1 „
32,600
243
below 1 „
445,000 trees 3321 acres.
The Directors propose to plant up the estates as soon as
practicable so as to bring the total area under cultivation up
to 8000 acres. On the 13th April, 1911, the planted area consisted
of 4100 acres.
Production: Tapping was commenced in October 1910, and at the end
of January 27,433 Para trees were taken into the regular round
of tapping. The prospectus gives the following estimate of crops : —
29,500 lbs. for 1911
104,400 „ „ 1912
347,000 „ „ 1913
625,300 „ „ 1914
912,000 „ „ 1915
1,130,200 „ „ 1916.
Financial year ends 30st June (the first year ends 30 June 1912).
Annual Report issued about October or November.
Digitized by
Google
181
CULTUUR MAATSCHAPPIJ " SERANGDJAJA".
Founded: June 1910.
Capital: / 750,000.— in shares of / 1000.— each.
Issued: / 750,000. — (150 vendor shares, fully paid, and 600 shares on
which 25 pCt. has been paid).
Purchase Price: /1 50,000. — in fully paid shares.
Managing Directors: Messrs. Fraser & Suermondt.
Members of the Board: H. W. A. Deterding, H. J. Hoogeveen,
H. E. Levert, Jonkheer H. Loudon, and A. J. Cohen Stuart,
Registered Office: Amsterdam, Damrak 20—22.
Estate: Serang Djaja.
Area: 8000 bouws == 12,000 acres.
Situation: East-coast of Sumatra, district of Langkat.
Tenure: The land is held under 50 years' lease from the Sultan o
Langkat, ratified by the Netherland Indian Government. Th
lease was granted in May 1900, at an annual rental of /I. —
per bouw.
Cultivation: Hevea rubber, musa textilis, Liberia and Robusta coffee,
kapok, and coconuts are grown on the estate.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. dividend to shareholders.
From the remainder: —
10 „ to a reservefund, until this has reached 25 pCt. of the
capital stock.
And from the remainder: —
5 „ to the Managing Directors.
10 „ to the Members of the Board together.
25 „ (or thereabouts) to Superintendent and European staff
in Sumatra,
and the balance to shareholders.
Financial year ends Slst December.
Annual Report issued before 31st July.
Digitized by VjOOQ IC
182
SUMATRA RUBBER-CULTUUR-MAATSCHAPPIJ
"SERBADJADI."
Founded: June 1909.
Capital : / 600,000.— in 600 shares of / 1000.— each.
Issued: / 600,000.— , fully paid
Purchase Price: / 400,000.— (/ 300,000.— in cash and / 100,000.—
in fully paid shares).
Managing Director: J. K Burger.
Members of the Board : Ch. de la Croix, G. G. Th. Stalmann, J. S.
Posthuma, C. M. Viruly, and G. G. D. A. van der Werff.
Registered Office: Amsterdam, Roelof Hartstraat 132.
Estate: Serbadjadi.
Area: 850 bouws (1490 acres).
Situation: East-coast of Sumatra, division of Deli, district of Upper-
Serdang, about 4 miles distant from Galang railway station,
with which the estate is connected by good roads.
Elevation: le50 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Sultan of
Serdang, confirmed by the Netherland Indian Government,
granted in April 1897, at a total annual rental of /700. —
Cultivation: At the end of December 1910 an area of 550 bouws
was under cultivation with: —
134,700 Hevea trees (18 X 18 and 18 X 24 feet).
2,600 Ficus trees, from 4 to 9 years old.
168,800 Liberia Coffee trees, from 3 to 12 years old.
230,000 Robusta Coffee trees, planted 1909/10.
Particulars of the Para Rubber are: —
Age on the
31st Dec. 1910.
3,000 Hevea trees, 5 years old.
17,000 „
» * /4 » >
, 33/, „ ,
15,000 „
, 31/4 „ .
5,000 „
, 21/4 „ ,
21,000 „
„ 1 year ,
20,400 „
» V4 ,» »
10,700 „
, 8 months ,
7,200 „
> 5 >, >
10,000 „
> ^ i» >
7,400 „
> 2 » 9
3,000 „
. 1 , .
134,700 Hevea trees.
Digitized by VjOOQ IC
183
Production: The 1910 crop consisted of: —
4095 half Kilos of Rubber and
587 piculs of Liberia Coffee.
The estimate for 1911 amounts to:
30,000 half Kilos of Rubber and
1,400 piculs of Coffee.
The actual output in 1911 was:
Rubber :
January
February
March .
April .
May. .
Kilos
1661
1693
1904
1804
2470
9532
Coffee:
piculs
182
132
67
88
469
General Information: The allotment of [profits has to take place as
follows : —
6 pCt.
7V«
12Vs
20
60
dividend to shareholders.
And from the balance: —
to the Managing Director,
to the Members of the Board,
to reservefund.
to shareholders.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by
Google
184
SERDANG CENTRAL PLANTATIONS, LIMITED.
Founded: January 1909.
Capital: £ 60,000.— in £ 1.— shares.
Issued: £56,273. — , fully paid, of which 9000 issued at 17/6 premium.
Purchase Price : £ 25,000.— (£ 6500.— in cash, and £ 18,500 in fully
paid shares). The vendors have the option to take at par for
six years 6000 of the unissued shares, of which 2273 shares
were already taken.
Directors: W. F. de Bois Maclaren (Chairman), F. Copeman, J. C.
Tate, and H. Wright.
Secretary and Offices: W. A. Lack, Mincing Lane House, Eastcheap,
London, E.C.
Estates: Baloewa and Soekaloewi.
Total Area: 1292 bouws = 2261 acres.
Situation: East-ooast of Sumatra, district of Serdang, about 5 miles
distant from the railway station at Bangoen Poerba.
Elevation averages 500 feet above sea-level.
Tenure : The lands are held under 75 years' leases, expiring in May
1971 and February 1972, from the Sultan of Serdang, ratified
by the Netherland Indian Government. The annual rental
amounts to /I. — per bouw.
Cultivation: The total area under cultivation on 31st December 1910
was 1356 acres, planted with: —
164,263 Hevea trees.
180,000 Liberia Coffee bushes, in full bearing
14,000 „ „ „ planted 1908.
35,000 Robusta Coffee bushes, „ 1909.
Particulars of the Rubber are: —
24,440 Hevea trees
planted
in
1905
1,633 „
>»
»
1906
43,099 „
»
»
1907
24,405 „
j>
»
1908
11,851 „
»
»
1909
58,835 „
«
j>
1910
164,263 Hevea trees (1356 acres).
It was proposed to plant in 1911 an additional 350 acres
with Para Rubber.
As the Rubber trees grow larger, the Coffee plantations are
being gradually cleared out During the year 1910 some 70.000
Liberia trees and part of the Robusta Coffee trees have been
uprooted, and a further 30,000 will be taken out during 1911.
Digitized by
Google
185
Production: The 1910 crop consisted of: —
6829 lbs. of Rubber
601 piculs of Coflfee.
The average gross price realised for the Rubber sold, inclu-
ding scrap, was 5 s. per lb.
The estimates for the next years are: —
Rubber Coffee
lbs. piculs.
1911 30,000 450
1912 80,000 to 100,000
The actual Rubber output in 1911 up to the present was:
January 2000 lbs.
February 2120 „
March 2100 „
April 2250 „
May .... . 3200 „
11,670 lbs.
Dividends For the year, ending 31st December, 1910, a dividend of
6 pCt. was paid, and a balance of £51. 8 s. 6 d. was carried
forward.
Financial year ends 3l8t December.
Annual Report issued in April.
Digitized by VjOOQ IC
186
SERDANG (SUMATRA) RUBBER AND PRODUCE ESTATES,
LIAUTED.
Founded: April 1910.
Capital: £105,000.— in £1.— shares.
Issued: £85,000.—, fully paid.
Purchase Price: £50,000. — in cash. The vendors have the right to
take at par, at any time within three years, the unissued
20,000 shares.
Directors: C. F. Deane Drake, Johnun Hay (chairman), Wm. Tipton
Davies^ and Harold Reale Turner.
Secretary and Offices: Th. Pragg, 165 Fenchurch Street, London, E.C.
Estates: Soengei Merah and Kali-tawang, two adjoining plots.
Total Area: 3987 bouws = 6977 acres.
Situation: East-coast of Sumatra, division of Serdang, district of
Senembah, near the railway station at Lobo Fakam.
Elevation: 50 to 100 feet above sea-level.
Tenure: The lands are held under 75 years' leases from the Sultan of
Serdang, ratified by the Netherland Indian Government, at an
annual rental of /I. — per bouw. The leases have still to run
respectively until 1962 and 1970.
Cultivation: At 31st March 1911 an area of 1020 acres was under
cultivation, viz: —
705 acres of Para Rubber (and Coffee).
315 „ „ Tobacco, 1911 crop.
The ages of the Rubber trees are given as: —
11,595 Hevea trees, planted 1908.
47,839 „ „ „ 1909.
23,000 „ „ „ 1910.
5,200 „ „ „ 1911.
87,634.
Further planting going on in 1911.
An area of 219 acres of Rubber is interplanted with
71,965 Robusta Coffee trees.
Production: The Coffee crop for 1911 is estimated at 55 piculs.
No returns from the Rubber are expected until 1913.
Financial year ends 30 June.
Annual Report issued about September.
Digitized by VjOOQ IC
187
SIAK INDRAPOERA RUBBER CONCESSION, LIMITED.
Formed in Shanghai.
Capital : Tls. 1,000,000.—, in 100,000 shares of Tls. 10.— each.
Purchase Price : Tls. 490,000.—, payable as to Tls. 40,000 in cash, and
Tls. 450,000.— in fully paid shares.
Directors: Dr. Marshall (Chairman), H. J. Craig.
Registered Office: Shanghai.
Estates: Loeboek Ampoi, and Soewak Landjok.
Situation: East-coast of Sumatra, in the State of Siak. The estate
Loeboek Ampoi is situated on the Mandau river, and the estate
Soewak Landjok on the Siak-river.
Tenure : The lands are held under long leases from the Sultan of Siak,
ratified by the Netherland Indian Government.
Cultivation: The estates were taken over as a going concern, with an
area of about 500 acres under cultivation, said to be planted
with well grown Rubber, to be about 4 years old at the end
of December 1910.
In an official report of the meeting of shareholders, held in
December 1910 in Shanghai, it was stated that the estates were
anything but in a planterlike condition, and '< that the Company
would have to start as a planting proposition with no hope of
revenue before 1917."
General Information : At the same meeting the shareholders decided
to appoint an independant Committee to investigate the Com-
pany's affairs. The meeting declared itself against a proposal
that the Committee should act with the Directors.
In the meantime a complaint was lodged against the vendors
by the Company, and a bill >was found for the case. On the
other hand one of the shareholders has taken legal proceedings
against the Company to demand restitution of the amount paid
on the Company's shares.
Remaining Funds: The Directors announced that an amount of
Tls. 377,834,79 was deposited with the Company's Bankers and
that approximately Tls. 380,000. — of the paid-up capital was
still available.
Digitized by VjOOQ IC
188
SIAK (SUMATRA) RUBBER ESTATES, LIMITED.
Founded: January 1910.
Capital: £75,000. — in shares of £ 1. — each.
Issued: £65,000.—, fully paid.
Purchase Price : £ 34,500.— (£ 18,750.— in cash, and £ 15,750.— in
fully paid shares). The vendors have the option to take at par
during four years the unissued 10.000 shares.
Sale of Land: In December 1910 the Company sold the estate Soeka
Djadi N^. 2, comprising about 8645 acres, with 329 acres of
planted Rubber to the „Pakan Baroe Rubber Estates, Limited"
for £31,300.— (£8300.— in cash and £23,000.— in fully
paid shares).
Directors: T. C. Owen (Chairman), J. J. Stein, and A. Studholme.
Secretaries and Offices : Rowe, White & C% Ltd., 4 Lloyds' Avenue^
London, E.C.
Estate: Soeka Djadi N^. 1 (Soeka Djadi No. 2 was sold).
Area : pro resto 3500 hectares = 8645 acres.
Situation: East- coast of Sumatra, district of Siak, on the Government
road near the port of Pakan Baroe, on the Siak River, which
up to this point is navigable for large steamers.
Tenure: The land is held under 75 years' lease from the Sultan of
Siak, ratified by the Netherland Indian Government. The
estate is exempt from the payment of rent for the first ^ve
years of the concession; thereafter an annual rental of /I. —
per hectare, equivalent to about 8 d. per acre, is payable. The
lease was granted in February 1907.
Cultivation: In February 1911 an area of 303 acres was under Para.
Rubber, and planted with:
500 trees, SVs to 4 years olc
500
„ 3 „ 31/2 „ ,
4,670
» 2Ys » 3 „ J
8,225
,. 21/4 „ 2Vs „ ,
23,400
„ 2 „ 21/4 „ ,
10,305
„ 1 „ 1V» " ..
47,600 Hevea trees,
and about 200 acres were cleared and are ready for planting.
The Directors regret that the anticipations with regard to
the cultivation of coffee cannot be fulfilled, and they have decided
to give up all idea of coffee cultivation.
Production: A good number of trees should be tappable in 1912.
Financial year ends 31st December,
Annual Report issued in April.
Digitized by VjOOQ IC
189
SIALANG RUBBER ESTATES, LIMITED.
Founded: September 1909.
Capital : £ 150,000.— in shares of & 1.— each.
Issued: £101,022.—, fully paid.
Purchase Price: £63,000.— (£49,000.— in cash and £14,000.— in
fully paid shares). The vendors have the option to take at par
during three years 25,000 of the unissued shares.
Directors : Ch. A. Lampard (Chairman), C. E. Morrison, G. Croll, and
J. C. Tate.
Secretaries and Offices: Harrisons and Crosfield, Ltd., 49 and 51
Eastcheap, London, E.C.
Estates: Sialang (1015 acres), Batoe Gingging (1375 acres) and Tebing
Tinggi (6800 acres).
Total Area: 9330 acres.
Situation: East-coast of Sumatra. The estates Sialang and Batoe Ging-
ging are situated in the Serdang district, about 2 miles distant
from the Bangoen Poerba railway station. The estate Tebing
Tinggi is situated in the district of Padang Bedagei, near the
railway-station at Tebing Tinggi.
Elevation above sea-level, of Sialang 400 feet, of Batoe Gingging 350
feet, and of Tebing Tinggi 100-150 feet.
Tenure: The estates are held under 75 years' leases, respectively from
the Sultans of Serdang and Deli, ratified by the Netherland
Indian Government and expiring respectively in the years 1973,
1970 and 1972, renewable after expiration for a further 50 years.
The annual rental amounts to /I. — per bouw.
Cultivation: At the end of 1910 an area of 3851 acres was under
Para Rubber, with 451,700 Hevea trees, details of which are : —
Acres.
Planted.
50
1905-6.
4231/0
1906-7.
2011/2
end 1907.
216
1908.
9221/0
1909.
20371/2
1910.
3851 acres.
An area of 907 acres is interplanted with Robusta Coffee^
and 1329 acres with Liberia Coffee.
Digitized by VjOOQ IC
190
Production: The 1910 crop was: —
11699 lbs. of Rubber (July 1910 -Jan. 1911).
3321V3picul8 of Cofifee.
For 1911 and 1912 the Rubber crops are estimated at:
36,000 lbs. in 1911 and
100,000 „ „ 1912.
The actual output in 1911 was: —
January 2,975 lbs.
February 2,406 „
March 2,025 „
April 3,011 „
May 3,954 „
14,371 lbs.
Financial year ends 31st January.
Annual Report issued in June.
Digitized by VjOOQ IC
191
SI-ANTAR SUMATRA RUBBER CDMPAGNIE.
Founded: December 1909.
Capital: / 1,000,000.— in shares of /lOOO.— .
Issued : / 600,000. — , (200 vendor shares, fully paid, and 400 shares, on
which 40 pCt. has beeH paid).
Purchase Price: / 200,000. — in fully paid shares.
Directors: J. H. Marinus (Managing), and H. Colijn.
Registered Office: Hilversum, 's Gravelandscheweg 57,
Estate: Karasaan 1975 hectares.
Bah Bajoe 2100 „
Area: 4075 hectares = 5750 bouws = 10,070 acres.
Situation: East-coast of Sumatra, district of Bandar-Si-antar, about
50 miles distant from the railway station at Tebing Tinggi.
Elevation averages 500 feet above sea-level.
Tenure: The lands are held under 75 years' leases from the Radja of
Siantar, ratified by the Netherland Indian Government, granted
in October 1900 and March 1901, at an annual rental of/1. —
per bouw.
Cultivation: Rubber and cofifee are grown on the estates.
General Information: The allotment of profits has to take place as
follows :
6 pCt. dividend to shareholders;
from the remainder an amount, to be fixed by the General
Meeting of Shareholders, will be put to all reservefund;
and the balance sha be distributed among the shareholders.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
192
RUBBER MAATSCHAPPIJ "SI-BOELAN.'
Founded: September 1909.
Capital: / 2,000,000.— in 2000 shares of / 1000.— each.
Issued: / 500,000.—, fully paid.
Purchase Price: / 150,000. — (the estate Tandjong Poetrie not included,
this estate being purchased in 1910).
Directors: J. W. Schut (Managing), A. J. Kamerling Onnes, Tsjong
Yong Hian, and Tsjong Tsiok Fie.
Registered Office: Medan (Deli).
Estates: Bengabing. . . (2066 bouws),
Si-Boelan . . . ( 923 „ ),
Pangiima Radja ( 355 „ ).
Tandjong Poetrie (5964 „ ).
Total Area: 9.308 bouws = 16305 acres.
Situation: East coast of Sumatra. The estate Bengabing is situated in
the division of Serdang, district 6f Bobogan, near the railway
station of Perboeangan.
Tlie estates Si-Boelan and Pangiima Radja form two adjoiniog
plots in the division of Deli, d^trict of Padang and Bedagei,
about 31 miles from the Perboeangan railway station.
The estate Tandjong Poetrie is situate in the division of
Langkat, district of Upper-Langkat, distant about 10 miles
from the railway station at Padang Tjermin.
Tenure: The lands are held under 75 years' leases from the Sultans
of Serdang and Deli, ratified by the Netherland Indian Govern-
ment. The annual rental amounts to /I. — per bouw. The
leases have still over 50 years to run.
Cultivation: The estate of Bengabing has formerly been worked as a
Tobacco-land by the '< Serdang Tabak Maatscbappij." The estates
Si-Boelan and Pangiima Radja were still virgin jungle, when
taken over by the Company. Up to the end of December 1910
an area of about 1000 acres was planted on these estates with ^
V approximately 109,000 Hevea trees.
The estate Tandjong Poetri was worked since May 1909 by
the Tandjoeng Poetrie Rubber Maatschappij, which Company
was wound up in 1910. The estate comprises about 125 acres of
Ficus Rubber, planted prior to 1909.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to a reservefund, until this has reached an amount
equal to 25 pCt. of the issued capital,
10 „ to be written off;
5 „ to the Managing Directors,
5 „ to the Members of the Board,
70 „ to shareholders.
Financial year ends 31st December.
Annual Report issued before the end of June.
Digitized by VjOOQ IC
193
SIBOGA CAOUTCHOUC PLANTAGEN MAATSCHAPPIJ.
(SOCI6t6 DE plantation DE caoutchouc DE SIBOGA).
Founded: May 1910.
Capital: / 750,000.— in shares of /lO.— each, besides 50,000 profit
shares.
Issued: / 600,000. — , fully paid. The shares are quoted on the Exchange
in Paris.
Purchase Price: / 300,000. — in fully paid shares, and 50,000 profit
shares.
Directors : C. Engeringh (Managing), Marquis A. de Lameth (Chairman),
M. Tilloy, and J. Bernard.
Auditors: H. Ligtenberg, and P. Vereecken.
Registered Office: The Hague, Zeekant 99 (Scheveningen).
Office of Managing Director: Paris, 20 Rue Laffitte.
Estate: Sangkoenoer.
Area: 6553 bouws = 11,470 acres.
Situation: West-coast of Sumatra, residency of Tapanoeli, division of
Siboga, district of Batang Toroe, about 37 miles distant from
the port of Siboga, by which the estate is connected by Govern-
ment cart road and by the navigable Batang Toroe river.
Elevation: 240 feet above sea-level.
Tenure : The land is held under 75 years' lease direct from the Nether-
land Indian Government, granted in November 1907, at an
annual rental of /I. — per bouw.
Cultivation: The estate was taken over as a going concern from the
"Sumatra Caoutchouc Plantagen Maatschappij.'' In June 1910
an area of about 640 acres was under rubber with: —
123,500 Hevea trees planted in 1909/10, and
2,674 Ficus „ „ „ 1909/10.
The Directors propose to plant an additional 80,000 Hevea
trees in 1911, and to extend the plantations up to 300,000 trees.
General Information: The allotment of profits — after deduction of
an amount, to be fixed by the Board, ,for a reservefund —
has to take place as follows: —
6 pCt. dividend to shareholders.
From the remainder: —
15 „ to the Directors and Auditors together.
And from the balance: —
50 „ to shareholders, and
50 „ to the holders of profit shares.
Financial year ends 31st March.
Annual Report issued about December.
13
Digitized by
Google
194
RUBBER CULTUUR MAATSCHAPPQ << SILALANOOE."
Founded: March 1910.
Capital: / 100,000.— in shares of /lOO.— each.
Issued: / 30,000.— , fully paid.
Directors : J. J. W. van Bennekom (Managing Director), E. H. H. van
Bennekom, and S. W. Baints.
Registered Office: Batavia.
Estates: Goenoeng Silalangoe (79 bouws).
Tjisempoereun (42 , ).
Total Area: 121 bouws = 212 acres.
Situation: West-Java, residency of Bantam, division of Lebak, district
of Sadjira.
Tenure : The lands are held under 75 years' leases from the Netherland
Indian Government, granted in November 1896 and June 1899,
at an annual rental of / 1. — per bouw.
Cultivation: The Directors propose to grow Rubber on the estates.
General Information : The allotment of profits — eventually after de-
duction of a percentage for the European stajQf — has to take
place as follows:
10 pCt. to the Managing Director.
3 „ to each of the other Directors.
5 „ to a reservefund, until this has reached an amount
of / 60,000.— .
And the balance to shareholders.
Financial year ends Slst December.
Annual Report issued before the end of July.
Digitized by VjOOQ IC
195
RUBBER MAATSCHAPPIJ <<SILAU DOENIA/'
Founded: April 1910.
Capital: / 500,000.— in shares of /lOOO.— each.
Issued: / 203,000.— , fully paid.
Purchase Price: /1 13,000. — in fully paid shares.
Directors: P. H. Schneider (Managing), and G. van Gils.
Registered Office : Medan (Deli).
Estate: Silau Doenia.
Area: About 2000 bouws »« 3750 acres.
Situation: East-coast of Sumatra, district of Padang and Bedagei, about
17 miles distant from the railway stations at Tebing Tinggi
and Galang.
Tenure: The land is held under 75 years' lease from the Sultan of
Serdang, ratified by the Netherland Indian Government, at an
annual rental of /I. — per bouw.
Cultivation : The development of the land was taken in hand in 1909,
and in the season 1909-1910 an area of 265 acres was planted
with : —
326,000 Hevea trees, at a distance of 3 X 3 feet,
an d 37,000 „ „ „ „ „ „ 18 X 18 „
363,000 Hevea trees, one year old.
General Information : The allotment of profits — after deduction of the
usual percentage to the European staff — has to take place
as follows: —
6 pCt. dividend to shareholders;
from the remainder: —
10 „ to a reservefund,* until this fund has reached an amount
equal to 25 pCt. of the issued capital,
7V3 )) to the Managing Director,
"^Vs 9i ^ ^^^^ ^^ ^^^ other Directors,
5 „ to the Superintendant,
and the balance to shareholders.
Financial year ends 31st December.
Annual Report issued about April.
Digitized by VjOOQ IC
196
NAAMLOOZE VENNOOTSCHAP
SIMELOENOAN (SUMATRA) RUBBER SYNDICAAT.
Founded: October 1910.
Capital: / 200,000.— in shares of /500.— each.
Issued: / 100,000.— , fully paid.
Purchase Price: / 55,000.— .
Directors: K. Schadt (Managing Director), C. van Zijp, and W. A.
Janssen.
Registered Office: Medan (Dell).
Estate: Soengei-Rengas.
Area: 2400 bouws = 4200 acres.
Situation: East-coast of Sumatra, Simeloengan and Karo districts.
Tenure : The land is held under 75 years' lease from the Sultan, ratified
by the Netherland Indian Government, expiring in December
1982. The annual rental amounts to / 1. — per bouw.
Cultivation: The estate, when taken over, was already in the develop-
ment stage, and during the last years Tobacco had been grown.
In the years 1909 and 1910 an area of about 1000 acres was
planted with Para Rubber, and further extensions are being made.
General Information: The allotment of profits has to take place
as follows: —
5 pCt. dividend (cumulative) to shareholders,
and from the balance: —
4 „ to the Managing Diiiector,
8 „ to the other Directors together,
10 „ to a reservefund,
78 „ to shareholders.
Financial year ends 31st December.
Annual Report issued before the end of June.
Digitized by VjOOQ IC
197
SIMO RUBBER ESTATES, LIMITED.
Founded: June 1907.
Capital: £35,000.— in shares of £1.— each.
Issued: £27,139.—, fully paid.
Purchase Price : £ 19,800.— (£ 17.900,— in cash, and £ 1900.— in fuUy
paid shares of the Company). The vendors have the right at
any time within six years to take at par unissued shares to a
number not exceeding 5000.
Directors: J. L. Burt (Chairman), W. G. Tarbet, D. Erroll Sinclair,
and R. C. Wright.
Secretaries and Offices: Rowe, White & Co., Limited, 4 Lloyds'
Avenue, London, E.C.
Estate: Simo (Earang Djatie).
Area: 7000 bouws = 12,250 acres.
Situation: Mid-Java, residency of Soerakarta, division of Bojolali,
district of Simo, on the Eastern slope of mount Merbaboe, about
10 miles distant from the railway station at Kalioso, on the
main line from Solo to the port of Semarang.
Elevation varies from 400 tot 1350 feet above sea-level.
Tenure: The lands are held under leases from the Native Authorities,
ratified by the Netherland Indian Government, for periods
varying from 10 to 30 years, at an annual quit rent of about
£1214, or 2 s. acre. The leases are renewable after expiration.
Cultivation: At the end of December 1910 an area of about 2050
acres was under cultivation with approximately: —
109,000 Hevea trees.
54,000 Ficus trees, planted in 1905—1909.
35,519 Castilloa trees of various ages.
198.519 rubber trees.
200,000 Liberia Coflfee bushes, in bearing.
130,000 Capoc trees, old plantations.
170,000 Pepper vines „ „
125,000 Cacao trees, in bearing,
besides a number of Robusta coffqe trees and cacao trees,
planted in 1910.
There is also some Pepper, Coca, Nutmegs and Mace.
It has been decided to cut out all those Castilloa trees, which
in any way interfere with other products, and this has commenced
during 1910.
Digitized by
Google
198
Particulars of the Para Rubber are: —
105 Hevea trees planted in 1905/06.
39,080
„ „ 1907/08.
43,702
»
}>
„ „ 1908/09.
18,143
»l
ti
„ „ 1909/10.
6,624
»
>i
„ „ 1910.
109,000 Hevea trees (770 acres).
The Directors propose to extend the plantation of the Para
Rubber up to 1000 ac^.
Production: The 1910 crop^was: —
3.200 lbs. of Oastilloa and Ficus Rubber.
664 piculs of Liberia Coffee.
678 „ „ Cacao.
71 „ „ Capoc.
6.494 lbs. „ Indigo.
7.615 „ „ coca leaves.
The Rubber crop for 1911 is estimated at: —
2500 lbs. of Ficus Rubber, and
2500 „ „ Castilloa Rubber.
Any regular tapping of the Para Rubber was not expected
until 1913.
Dividends etc.: The following dividends have been paid: —
3 pCt. for 1907, and £ 113 carried forward.
8 „ „ 1908, „ ,,1254 „
5 „ „ 1909, „ ,,1240 „
General Information: In order to comply with the Dutch law, the
estate is held by a Dutch Company : " Caoutchouc Maatschappij
Simo," registered in Amsterdam in September 1907, with a
capital of / 264,000.— in shares of /1200.— each, the whole
of which was acquired by the present Company.
Financial year ends 31st December.
Annual Report issued in April.
Digitized by VjOOQ IC
199
SIMPANO SUMATRA RUBBER COMPANY, LIMITED.
Founded: July 1910.
Capital: £60,000.— in £1.— shares.
Issued: £50,000.—, fully paid.
Purchase Price: £26,000.— (£11,000.— in fully paid shares, and
£ 15,000. — in cash). The vendors have the option to take at
par at any time during five years the unissued 10,000 shares.
Directors : J. W. Lintner (Chairman), E. F. Slade, J. C. Bunge, V. C.
Wickwar, and T. Carritt.
Secretaries and Offices : Guthrie & Co., Ltd., 5 Whittington Avenue
London, E,C.
Estate: Bamboeng Simpang Ampat.
Area: 2000 bouws = 3500 acres (of which 465 acres have been alloca-
ted for native kampongs by the Government Authorities).
Situation: East-coast of Sumatra, district of Padang and Bedagei, about
4 miles distant from the railway-station at Soengei Bampah.
Tenure: The land is held under 75 years' lease from the Sultan of
Bedagei, ratified by the Netherland Indian Government, at an
annual rental of /I. — per bouw. The lease expires in July
1980, and is renewable for a further period of 50 years.
Cultivation: At the end of December 1910 an area of 1021 acres was
under Bubber, of which particulars are as follows: —
Ficus trees.
Acres.
Flaated in
300
3
1898
3,500
26
1899—1900
27,300
202
1900— '01
10,510
140
1901— '02
6,290
84
1902— '03
9,000
66
1903— '04
56,900
520
Hevea trees:
Acres:
Planted in:
2,534
20
1906
27,103
205
1907
21,544
156
1909
14,520
120
1910
65,701 501
The Para Bubber has been interplanted in 1909 and 1910
with 224,696 Bobusta Coffee bushes.
It was proposed that out of the 520 acres of Ficus Bubber,
onlv the older area of about 200 acres should be cultivated
ana cleaned, and that the balance of the area should be allowed
to go out of cultivation.
Digitized by
Google
200
Production: The total amount of Ficus Rubber harv'ested during the
year 1909—1910 was only 3085 lbs.,
The Para trees are estimated to produce: —
1800 lbs. in 1912
5600 „ „ 1913 and
9400 „ „ 1914,
and the Robusta Coffee should enter into bearing in 1912.
Financial year ends 30th September.
Annual Report issued in March.
Digitized by VjOOQ IC
201
SOEMBER AJOE RUBBER ESTATES, LIMITED.
Founded: June 1910.
Capital: £85,000.—., in 2s. shares.
Issued: £72,500.—, fully paid.
Purchase Price : £ 49,500.— (£ 37,000 in cash and £ 12,500.— in fully
paid shares). The vendors have the option to take at par to
1st June, 1916, 50,000 of the unissued shares.
Directors: F. Copeman (Chairman), W. F. de Bois Maclaren, J. W. D
Francken, J. H. Twamley, and F. B. Budgett.
Secretaries and Offices: The Rubber Estate Agency, Ltd., Mincing
Lane House, 59 Eastcheap, London, E.G.
Estate: Soember Ajoe, consisting of Karang Bajat I and II, and Kal
Karang Asem.
Total Area : 74^ bouws = 1300 acres.
Situation : East-Java, residency of Besooki, division of Djember, district
of Tanggoel, about 5 miles distant from the Tanggoel railway
station.
Elevation varies from 650 to 1800 feet above sea-level.
Tenure : The lands are held under 75 years' lease from the Netherland
Indian Government, granted in August 1892, at an annual
rental varying from /2. — to /3. — per bouw.
Cultivation: When the estates were taken over, an area of 770 acres
was under cultivation with Kobusta Coffee, of which 560 acres
were interplanted with Para Rubber and 140 acres with Cacao.
Particulars of the Hevea Rubber are: —
44 acres planted in 1908.
154 „ „ „ 1907.
362 „ „ „ 1908-9.
560 acres Hevea.
Production: For the next years the following estimate of yields was
given in the prospectus: —
Rubber Robusta Coffee Cacao
lbs. piculs. piculs.
4,400 1,220 1750 in 1911.
24,200 2,050 1750 „ 1912.
62,100 3,390 1750 „ 1913.
105,600 3,250 1750 „ 1914.
141,800 2,400 1750 „ 1915.
159,900 800 1750 „ 1916.
Tliere is also a number of Liberia Coffee trees scattered
over the plantation, from which a crop of 200 piculs in 1911
and 100 picals in 1912 is anticipated.
Digitized by VjOOQ IC
202
General Information: In order to comply with the Dutch law, the
estates have been vested in a Dutch Company, called " Rubber
Cultuur Maatschappij Soember Ajoe," registered in Amsterdam
in August 1909, with a capital of / 500,000.— in shares of
/lOOO. — each, the whole of which is held by the present
Company.
Financial yeal ends 31th June.
Annual Report issued in September
Digitized by
Google
, 203
SOEMBERBOTO RUBBER PLANTING COMPANY, LIMITED.
Founded: July 1907.
Capital: / 144,000.— in 240 shares of /600.— .
Issued: / 144,000.— fiiUy paid.
Purchase Price: / 30,000. — in fully paid shares.
Directors: W. Henderson Managing), A. Prentice, and P. Colvin.
Registered Office: Sourabaya.
Estates: Alas Soemberboto I (534 bouws),
Alas Soemberboto II (515 „ ),
two adjoining plots.
Total Area: 1049 bouws =1840 acres.
Situation: East-Java, residency of Kediri, division of Blitar, district
of Lodojo, about 17 miles distant from the railway station
at Blitar.
Elevation: 800 feet above sea-level.
Tenure: The lands are held under lease from the Netherland Indian
Government for a term of 75 years. The lease was granted in
April 1895, at an annual rental of / 1. — per bouw.
Cultivation: At the end of 1910 an area of 343 bouws (655 acres)
was under cultivation with Hevea, Ficus and Ceara Rubber,
particulars of which are: —
230 bouws Ficus Elastica and Hevea, planted in 1906—1907.
13 „ Ficus and Ceara, planted in 1908.
100 „ Hevea Rubber, planted 1909/10.
343 bouws.
There are also 30 bouws of Capoc, planted in 1907.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. to the Managing Director,
5 pCt. to the Members of the Board together,
90 pCt. to shareholders.
Financial year ends 31st. December.
Annual Report issued about June.
Digitized by
Google
204
SOENGEI-LIPOET CULTUUR MAATSCHAPPIJ.
Founded: February 1908.
Capital: / 750,000.— in 15000 shares of /50.— each.
Issued: / 750,000.— .
Purchase Price: / 100,000, — in fully paid shares.
Managing Directors: A. L. A. Hallet, and Th. F. J. Goliier.
Members of the Board: O. Watrin, £. Hermann, J. de Yisscher,
H. B^cassau, F. Malengreau, H. van Capelle, G. Doyen, and
W. van de Velde.
Registered Office: The Hague.
Office of Managing Directors: Brussels, 59 Rue de Namur.
Estate: Soengei Lipoet.
Area: 1919 hectares = 2707 bouws = 4740 acres.
Situation: East-coast of Sumatra, district of Tamiang, on the river
Simpang Kiri*
Tenure: The land is held under 75 years' lease from the Kadjoeran
Moeda of Tamiang, ratified by the Netherland Indian Govern-
ment. The lease was granted in February 1901.
Cultivation: At the end of December 1910 an area of 434 hectares
(1075 acres) was under cultivation with 177,146 Hevea trees,
of which particulars are approximately as follows: —
15.000 Hevea trees, planted in 1906
23.873 „ „ „ „ 1907
8.985 „ „ „ „ 1908
16.094 „ „ „ „ 1909
113.194 „ „ „ „ 1910.
177,146 Hevea trees (1075 acres).
The Directors propose to extend the plantations in 1911-12^
up to 1000 hectares (2470 acres) and to bring the total number
of Hevea trees at 400,000,
Production: Tapping on a small scale was started in 1910, and till
3l8t December 1000 Kilos of Rubber were secured. About 5000
trees were being tapped at the end of December 1910.
The estimated crops for the next three years are as follows : —
7,000 Kilos in 1911,
15,000 to 20,000 „ „ 1912,
40,000 „ 50,000 „ „ 1913.
Digitized by VjOOQ IC
205
The actual output in 1911 up to the end of April was:
January 868 lbs.
February 865 „
March 455 „
April 645 „
2833 lbs.
Increase of Capital: On the 31st December 1910 the available funds
of the Company amounted to more than / 325,000. — , which sum
is estimated to be sufficient to complete the proposed extensions,
but to be prepared for all possible events the Company obtained
a credit of / 250,000. — , in consideration of which the option
has been granted, up to 31st March 1914, to take at a premium
of about /40. — per share (i.e. at a price of frs. 180. — per
share of /50. — ) 5000 of the Company's shares.
In connection with this option the share capital will have
to be increased, and it is proposed to take this opportunity to
enlarge the capital up to / 2,000,000. — in order to be in a
position to develop the whole area of the concession, and,
occasionally, to purchase other properties.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. to a reservefund, until this has reached 10 pCt. of the
capital stock.
6 „ dividend to shareholders.
And from the balance: —
10 „ to the Members of the Board.
5 „ to Mr. A. L. A. Hallet or his heirs.
5 „ to Mr. Th. F. J. Gollier or his heirs.
80 ,y to shareholders.
In case Mr. Hallet or Mr. Gollier are dismissed from their
office, they, as well as their heirs, will lose all rights to the
above percentage.
Financial year ends 31st December.
Annual Report issued before the end of August.
Digitized by VjOOQ IC
206
RUBBER CULTUUR MAATSCHAPPIJ SOENGEY RAJA.
Pounded: October 1909.
Capital: / 2,000,000.— in 4000 shares of /500.— each.
Issued: / 2,000,000.— , of which/ 470,000.— were offered for subscription
in February 1910 at /lOO. — premium per share.
The shares are quoted on the Exchange in Amsterdam
and Paris.
Purchase Price: / 700,000.— , of which / 420,000.— (/ 50,000.— cash
and / 370,000. — in fully paid shares) for the estates in Sumatra ;
and / 280,000. — for the estates in Java.
Managing Director: J. C. Houwing.
Members of the Board: W. J. Esser, C. H. Lammerts ran Bueren,
L. B. Barkey, F. M. Delfos, H. van Heuckelom Jr., C. HieuUe,
and A. Cousin.
Registered Office: The Hague, Frederik Hendriklaan 35.
Estates: — In Sumatra:
1. Kwala Simpang I and II . . • 3,300 hectares.
2. Qadja Muentah 3,164 „
3. Si Tabeue 2,100 „
4. Paja Seunglo 2,300 „
5. Kroeng Peurela 3,320 „
14,184 hectares.
In Java:
1. Wanasoeka 700 hectares.
2. Tjikantjana 210 „
910 hectares.
Total Area: 15,094 hectares = 21,140 bouws «» 37,000 acres.
Situation: The estates in Sumatra are situated in the residency East coast
of Sumatra, districts of Tamiang (estate No. 1) and Langsa
(estates No. 2, 3, 4 and 5).
The Wanasoeka estate is situated in Mid-Java, residency
of Banjoemas, division of Tjilatjap, district of Dajeuloekoer,
about 7 miles from the Bandjar railway station ; and the estate
Tjikantjana in the residency of Preanger Regentschappen, division
of Tjandjoer, districts of Peser and Tjikondang, about 2 miles
distant from the Tjilakoe railway station.
Elevation of the Sumatra estates averages 80 feet above sea-level, of
Wanasoeka 700 feet, and of Tjikantjana 1200 feet above sea-level.
Tenure: The lands are all held under 75 years' Government leases,
having still more than 60 years to run. The annual rental
amounts to /I. — per bouw for the Kwala Simpang estates and
/2. — per bouw for the estates in Java. The other estates in
Sumatra are exempt from the payment of rent until November
1912; thereafter an annual rental of / 0.20 per bouw is payable
for the first year gradually increasing to /I. — per bouw for
the fifth and following years.
Digitized by
Google
207
Cultivation: At 30th June 1910 the BuLber plantations on the Suma-
tra estates consisted of: —
29,000 Hevea trees, planted in 1907--8,
12,000 „ „ „ „ 1908-9,
4,000 „ „ „ „ 1909-10, and
90,000 Hevea stumps, 7 months old, to be planted in
1910-'ll on 1100 acres new clearings.
135,000 Hevea trees, now planted,
and the Java Bubber plantations comprise: —
1,529 Ficus trees, planted in 1902.
612 „ „ „ „ 1903.
3,956 „ „ „ „ 1905.
5,443 „ „ „ „ 1906.
2,844 Hevea trees „ „ 1907.
11,138 „ „ „ „ 1908.
29,835 „ „ „ „ 1909-10.
615 Ficus trees „ „ 1909-10.
51,753 Hevea „ „ „ 1910-11.
5.725 M anihot,, „ „ 1910-11.
56,072 Bubber trees.
There are also 127,500 Bobusta Coflfee trees and 50,000
Liberia CofiEee trees, interplanted between the Bubber in 1909;
200 acres planted with sereh, and small interplantings of Katjang
Idjoe and Katjang KedeM on Kwala Simpang I.
Production: Tapping of 2000 old Ficus trees commenced in May 1910.
Tapping of 2000 of the oldest Hevea trees was started in April
1911.
The crop for the half year January to June 1910 was 8270
Kilos Citronella oil, while small returns were secured from
the groundnuts.
The estimate of the Bubber crop for the year 1910 — 1911 was
1200 Kilos of Ficus Bubber. Up to April 1911 the actual
output was 322 Kilos.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. to the European Estates' staff.
10 „ to the Estates' Manager.
10 „ (from the remainder) to a reservefund, until this has
reached an amount equal to 50 pCt. of the capital stock;
from the remainder: —
6 „ dividend to shareholders; and from the balance: —
10 „ to the Managing Director.
20 „ to the Members of the Board together.
70 „ to shareholders.
Financial year ends 30th June.
Annual Report issued about September.
Digitized by
Google
208
SOUTH-EAST BORNEO RUBBER PLANTATIONS.
lAMlTED.
Founded: November 1909.
Capital: £60,000.— in £1.— shares.
Issued: £40,000.— (8000 vendor shares, fully paid, and 32,000 sub-
scribers' shares also fully paid).
Purchase Price: £25,500.— (£ 17,500.— cash, and £8000.— in fully
paid shares). The vendors have the option to take at par
during three years 12,000 shares of the unissued capital. They
guaranteed a dividend of 6 pCt. on the present issue of 32,000
shares up to 31st March 1912.
Directors: K. F. Arbuthnot (Chairman), C. F. Deane-Drake, R. C.
Wright, D. E. Sinclair, and T. W. Simpson.
Secretary and Offices: E. Langley, 4 Lloyds' Avenue, London, E.G.
Estate: Tanah-Intan.
Area: 1900 bouws = 3325 acres.
Situation: South-East Borneo, division of Martapoera and Pengaron,
district of Riam Kiwa, 39 miles from the port of Bandjermasin,
with which the estate is connected by a good road through
Martapoera, the capital of the district.
Elevation: The land is flat or slightly undulating.
Tenure : The land is held under 75 years' lease direct from the Nether-
land Indian Government, granted in October 1906 at an
annual rental of /0.50 per bouw (about £80. — for the whole
area) from 1912, no rent being payable until that year.
Cultivation: In June 1910 an area^of 351 acres was under cultivation,
and planted with: —
Hevea trees.
Ficus trees.
Planted.
—
4200
1905/6 ) Since planted
1906 \ in Hevea.
6,000
3900
10,000
—^
1907
26,800
1908
42,800 8100
The Directors propose to plant up another 500 acres, of which
350 acres have been planted.
Production: It is hoped to commence tapping on a Considerable scale
in 1912.
The crops for the next few years are estimated at:
372 lbs in 1911
31,150 „ „ 1912
69,800 „ „ 1913
83 200 „ „ 1914
176,800 „ „ 1915.
Digitized by VjOOQ IC
209
Dividends: 6 pCt. dividend is guaranteed up to 31st March, 1912, on
the 32000 shares issued to the Public, for which purpose the
necessary funds have been deposited with the Company's bankers.
General Information: In order to comply with the Dutch law, the
estates are held in the name of a Company, registered in Ban-
jermasin, called "Tanah Intan Estate, Ltd.," with a capital
of / 350,000. — in shares of /500. — each, the whole of which
is acquired by the present Company.
Financial year ends 31st March.
Annual Report issued in June.
14
Digitized by VjOOQ IC
210
THE SOUTH SUMATRA RUBBER ESTATES, LIMITED,
Founded: April 1910.
Capital: £100,000.^ in shares of 2s. each.
Issued: £70,000.—, fully paid (of which 100,000 vendor shares).
Purchase Price: £34,000.—, payable as to £20,000.— in cash, and
the balance, at the option of the Company, in cash or shares.
The vendor has the option to take at par to 31st December
1912 the unissued 300,000 shares.
Directors : C. W. Ramsay, S. G. Parsons, H. S. Saunders, A. H. Taylor,
Dr. E. E. Lehwess, and F. T. Fischer.
Secretary and Offices: G. Batcliffe, Dunster House, Mincing Lane^
London, E.C.
Estates: Wai Sekampoeng I and II.
Total Area: 9390 bouws = 16,460 acres.
Situation : South-Sumatra, residency of Lampongsche Districten, division
of Telok Betong.
Tenure : The lands are held under 75 years' lease direct from the
Netherland Indian Government, at an annual rental of /I. —
per bouw.
dultivation: The plantations comprise: —
8,000 Ficus trees, more than 10 years old,
22,000 „ „ , under 10 years old,
56,000 Hevea trees, planted in 1910-11.
86,000 trees, besides many wild Rubber trees.
The Directors propose to plant an additional 150,000 Hevea
trees in 1911/12.
The Para Rubber is interplanted with 50,000 Robusta CoflPee
bushes.
Production: The returns of Rubber are estimated in the prospectus at : —
40,000 lbs. for 1910-11.
55,000 „ „ 1911-12.
80,000 „ „ 1912-13.
General Information : In order to comply with the Dutch law, the
estates are vested in a Dutch Company, called „Zuid Sumatra
Rubber Maatschappij," registered in the Hague, in July 1910,
with a capital of / 30,000. — in shares of /50. — each, the
whole of which was acquired by the present Company.
Financial year ends 31st March.
Annual Report issued in September.
Digitized by VjOOQ IC
211
SUMATRA CAOUTCHOUC MAATSCHAPPIJ.
Founded: June 1907.
Capital: / 1,250,000.— in 5000 shares of /250.— each.
Issued: / 1,250,000. — (3000 shares, on which 75 pCt. has been paid,
and 2000 shares, 50 pCt. paid). The shares are quoted on the
Exchange in Brussels.
Purchase Price: / 252,000.— (/ 240,000.— in fully paid shares and
/ 12,000. — cash) for the Brussel-estate.
Directors: A. Thija (Chairman), F. S. van Nierop, A. Delcommune,
A. Huisman van den Nest, E. Lejeune Vincent (Managing
Director), P. Lippens, G. P^rier, and E. Francqui.
Registered Office: Amsterdam, Heerengracht 527.
Office of Managing Director: Brussels, 48 Rue de Namur.
Estates: Brussel (3500 hectares) and Pernantian (3500 hectares).
Total Area: about 7000 hectares = 9860 bouws = 17,300 acres.
Situation : East coast of Sumatra, division of Asahan, district of Laboean
Batoe, on the Bila-river, and distant about 7 hours by steam-
launch from the port of Paneh.
Elevation varies from 150 to 200 feet above sea-leveL
Tenure: The lands are held under 75 years' leases from the Sultan of
Asahan, ratified by the Netherland Indian Government. The
leases have stiU to run over 78 years. The annual rental
amounts to /I. — per bouw.
Cultivation: At the end of December 1910 an area of 2512 acres was
under Para Rubber, particulars of which are: —
33,433 Hevea trees — 417 acres — , planted in 1907.
75,119 „ „ — 878 „ — „ „ 1908.
76,808 „ „ — 800 „ — „ „ 1909.
36,740 „ „ — 417 „ - „ „ 1910.
222,100 Hevea trees — 2512 acres.
The Para Rubber has been interplanted with Robusta Coffee.
Production: Tapping on a small scale commenced in 1911.
General Information: The allotment of profits has to take place as
follows : —
5 pGt. to a reservefund, until this has reached an amount
equal to 10 pCt. of the capital stock, and
6 „ dividend to {ihareholders. From the remainder: —
10 „ to the Directors together.
2 „ to each Managing Director,
and the balance to shareholders, unless the General Meeting
of shareholders decides otherwise.
Financial year ends 31st December.
Annual Report issued about August.
Digitized by VjOOQ IC
212
SUMATRA CAOUTCHOUC PLANTAGEN MAATSCHAPPIJ.
(SOCI6t6 DES plantations DE CAOUTCHOUC
DE SUMATRA).
Pounded: June 1907.
Capital : / 1,000,000.— in 10,000 shares o£ / 100.— each (and 10,000
profit shares).
Issued: / 1,000,000.— , now fully paid.
A dividend of 5 pCt. on the originally paid-up capital has
been guaranteed for the first 5 years (up to the financial
year 1911-12).
The shares are quoted on the Exchange in Paris.
Purchase Price: / 100,000.— (/ 50,000.— cash and/ 50,000.— in fully
paid shares) besides 10,000 profit shares).
This price was paid for the estates Batang Toroe (3144 bouws)
and Sangkoenoer (6553 bouws). The estate Sangkoenoer was
sold in April 1910 to the '^Siboga Caoutchouc Plantagen
Maatschappij," at a price of / 300,000. — in fully paid shares
of this Company.
In May, 1910, the Company obtained, direct from the Govern-
ment, a new concession, called Anggoli, mentioned below.
Directors : Marquis A. de Lameth (Chairman), J. Bernard, E.P. A. Thijs,
L. Donnet, C. Engeringh (Managing Director) and Prof. Dr.
P. van Romburgh.
Auditors: E. van Hoobrouck de Tewalle, and P. Vereecken.
Registered Office: The Hague, Zeekant 99 (Scheveningen).
Office of Managing Director : Paris, 20 Rue Laffitte.
Estates: Batang Toroe (3144 bouws) and Anggoli (2472 bouws).
Total Area: 5616 bouws (about 9830 acres).
Situation: West-coast of Sumatra, residency of Tapanoeli, division of
Siboga, districts of Angkola and Sipirok, at a distance of
about 37 miles from the port of Siboga, by which the estates
are connected by Government cart road, and by the navigable
Batang Toroe river.
Elevation: About 240 feet above sea-level.
Tenure: The lands are held under 75 years' leases (dated August 1907
and May 1910) direct from the Netherland Indian Government,
at an annual rental of /I. — per bouw (abt. llVs^- per acre).
Digitized by
Google
213
Cultivation: At the 31st July 1910, about 1200 acres were planted
with approximately 237,000 Hevea trees and 14,000 Ficus trees*
Particulars of the Rubber trees are given as: —
97,293 trees, planted 1907/8
111,576 „ „ 1908/9
41,903 „ „ 1909/10.
250,772 trees.
Production: It is intended to commence tapping by the end of 1911.
Interests in other Plantations : Besides the above mentioned interest
in the "Siboga Caoutchouc Plantagen Maatschappij," the present
Company also largely co-operated in the establishment of the
'^Tapanoeli Caoutchouc Plantagen Maatschappij."
As appears from the balance-sheet at 31st June, 1910, the
Company had in port-folio: 913 shares of /1 00. — each, and
54 profit shares, in the Tapanoelie Company, and 30,000 shares
of /lO. — each in the Siboga Company, valued at/ 173,156,35.
Dividends: In connection with the guarantee of the above mentioned
dividend of 5 pCt. for 5 years, the Company has contracted
to refund to the vendor a sum of /1 92,000. — in cash.
General Information: The allotment of profits, after deduction of an
amount, to be fixed by the Board, for reservef und, has to take
place as follows: —
5 pCt. on the paid-up capital to shareholders.
15 „ of the remainder to the Directors and Auditors together.
And from the balance: —
60 „ to shareholders, and
40 „ to holders of profit shares.
Financial year ends 30th June.
Annual Report issued about December.
Digitized by VjOOQ IC
214
SUMATRA CONSOLIDATED RUBBER ESTATES, LIMITED,
Pounded : April 1909.
Capital: £75,000.— in £1.— shares.
Issued : £ 60,000.—, of which 15,746 vendor shares fully paid, 34,254
shares 17 s. 6 d. paid, and 10,000 shares 15 s. paid, issued at
a premium £ 1 per share in 1910, A dividend of 5 pCt. for
4 years was guaranteed by the vendors on 34,254 shares issued
for cash and on 789 of the shares issued to vendors.
Purchase Price: £24,000.— (£15,746.— in fully paid shares and
£8254. — in cash) against guarantee of dividend mentioned
below.
The vendors have the option to take at par during 6 years
the unissued 15,000 shares.
Directors: K. F. Arbuthnot (Chairman), H. de Courcy Hamilton,
P. E. Hervey, and H. A. Barrett.
Secretaries and Offices: M. P. Evans & Co., 30 Mincing Lane,
London, E.C.
Estate: Padang Toealang.
Area: About 5000 bouws = 8750 acres.
Sale of Land: In May 1909, the Company sold from the above area
4000 acres of land to the '* Sumatra Proprietary Rubber
Plantations, Ltd.", receiving as payment £ 18,000.— in cash,
and £ 10,000.— in fully paid shares.
Situation: East-coast of Sumatra, district of Lower-Langkat, about
5 miles from the port and railway station of Tandjong Poera.
Elevation: 30 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Sultan of
Langkat, ratified by the Netherland Indian Government. The
lease was granted in March 1902, at an annual rental of
/0.40 per bouw rising to /I. — per bouw in 1910 and following
years.
Cultivation: At the end of December, 1910, an area of about 2000
acres was under Rubber with approximately 236,700 Hevea
trees, viz:—
82,310 Hevea trees, planted in 1907.
14,230 „ „ „ „ 1908.
140,117 ;, „ „ „ 1910.
236,657 Hevea trees.
Digitized by VjOOQ IC
215
In 1910 a trial was made with interplanting the Rubber
with Robusta Coffee, but fearing that this would harm the
growth of the Rubber trees, the interplanting has not been
continued.
Production: It was expected that at least 40,000 trees should be
ready for tapping in July 1911.
Dividends: For the first four years (up to Ist May 1913) a dividend
of 5 pCt. has been guaranteed by the vendors, and the
necessary sum to cover this has been deposited with the Bank
of Scotland. This dividend is payable half-yearly, on 1st May
and 1st November.
Financial year ends 30th April.
Annual Report issued in August.
Digitized by VjOOQ IC
216
SUMATRA HEVEA COMPAGNIE.
Founded: February 1910.
Capital: / 600,000.— in 600 shares of /lOOO.— each.
Issued : / 300,000. — . The balance must be issued before 1st December 1919.
Managing Director: K. E. O. Richelman.
Members of the Board : E. H. Crone and J. F. van Essen.
Registered Office: Amsterdam, Singel 132.
Estate: „H[evea".
Situation: Eastcoast of Sumatra, district of Fadang and Bedagei.
Tenure: The land is held under 75 years lease from the Sultan of the
district, ratified by the NetherJand Indian Government.
Cultivation: About 60.000 Hevea trees were planted in 1910 and 1911.
General Information: The allotment of profits has to take place as
follows :
5 pCt. to the Managing Director.
From the remainder: —
6 „ dividend to shareholders.
And from the balance: —
10 „ to a reservefund.
10 „ to the Member of the Board together.
80 „ to shareholders.
When the reservefund hasreached the amount of/ 150,000. — ,
the above mentioned 10 pCt. will be allotted to shareholders.
Financial year ends 31st December.
Annual Report issued in July.
Digitized by VjOOQ IC
217
SUMATRA PARA RUBBER PLANTATIONS, LIMITED.
Founded: March 1907.
Capital : £ 100,000.— in 2 sh. shares.
Issued : £ 100,000.—, fully paid, of which £ 10,000.— were issued in
1908 at 5 sh. premium per £ 1. — share.
Purchase Price : £ 60,000.— (£ 40,000.— in cash and £ 22,000.— in
fully paid shares) and the option, since excercised, to take at par
£20,000. — of the unissued capital.
Directors : K. F. Arbuthnot, H. A. Barrett, G. A. Kesting, and J. C.
Tate.
Secretary and Offices : P. E. Hervey, 30 Mincing Lane, London, E.G.
Estate: Fangkattan.
Area: 2000 hectares = about 5000 acres.
Situation: East-coast of Sumatra, division of Laboean Batoe, district
of Bila, on the Bila-river.
Elevation: 100 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Sultan of
Bila, approved by the Netherland Indian Government, granted
in December 1900, at an annual rental of /I. — per hectare,
equal to 8 d. per acre.
Cultivation: An area of about 2240 acres was under Rubber on 31st
December, 1910, with about 211,000 Rubber trees, of which
particulars are approximately as follows: —
Planted. Trees.
1898-9 9,228
1902 20,768
1903 12,286
1904 4,125
1905 19,070
1906 2,693
1907 18,760
1908 46,595
1909 34,042
1910 43,600
Total 211,167 trees.
It was proposed to plant a further 100 to 200 acres annually.
Production: The Rubber production has been as follows: —
1906-7 21,900 lbs.
1907-8 52,250 „
1908-9 73,724 „
1909-10 122,248 „
1910-11 (estim.). . . 200,000 „
Digitized by VjOOQ IC
218
The monthly retams have been: —
1909. 1910 1911.
January 6,384 6,720 20,384
February 4,928 7,840 21,280
March 7,392 12,880 20,496
April 4,816 13,440 15,120
May 7.616 14,000 —
June 7,952 13,440 —
July 9,750 11,984 —
August 9,632 14,560 —
September 8,850 17,920 —
October 10,640 16,800 —
November ...... 8,175 18,480 —
December 6,832 18,040 —
The yield for 1910 was obtained from 37,000 trees, while at
30th June 1910 about 40,000 trees were in tapping, which
number increased in 1910-11 to 50,000,
The net average price of the Rubber in 1910 was 7 s. 9^/^ d.
per lb., against 6 s. lV4d. in 1908-9, and 3 s. 41/2 d. in 1907-8.
The crop from Coffee in 1909-10 was 500 piculs.
Dividends etc.: The following dividends were paid: —
1907-8 (15 m.). 10 pCt. and £ 650.— carried forward.
1908-9 .... 15 „ „ „ 977.— „
1909-10. . . . 331/3 „ » ,,3154.—
An interim dividend at the rate of 25 pCt. per annum was
paid in February 1911.
Financial year ends 30th June.
Annual Report issued in September.
Digitized by VjOOQIC
219
SUMATRA PENANG RUBBER PLANTING SYNDICATE,
LIMITED.
Founded: April 1910.
Capital: $400,000.—, divided into 160 shares of $2500.— each.
Issued: $300,000.— (120 shares on which $ 1500.— has been paid. The
balance will be called up at intervals of not less than 6 months.
Purchase Price : $ 27,500.— ($ 17,500.— in cash, and $ 10,000.— in fuDy
paid shares). The vendors, the Straits Sumatra Syndicate Ltd.,
have the option to take at par, up to 31st December 1914,
the unissued fourty shares.
Directors: G. Stothard, W. Duncan, D. Ritchie, and D. A.M.Brown.
Secretaries and Offices: Brown^ Phillips and Stewart, 1 Downing
Street, Penang.
Estate: Lidah— Tanah.
Area: 1000 bouws = 1750 acres.
Situation: East-coast of Sumatra, district of Batoebara, distant about
5 miles from the port of Batoebara and about 50 miles from
the port of Tandjoeng Balei. Both ports are connected by regular
steamers twice a week with Singapore and Penang,
Tenure: The land is held under 75 years' lease from the Datoh of
Tanah Datar, approved by the Netherland Indian Government,
at an annual rental of / 0.40 per bou w for the first year, gradu-
ally increasing to /I. — per bouw in 1914 and following years.
The lease was granted in May 1898 and is renewable after
expiration, provided that Rubber is grown on the estate.
Cultivation: At the time of the foundation of the Company the land
was still virgin jungle.
It was proposed to open and plant at once an area of 1000
acres with Hevea trees in 1910-11, which planting should
be completed by the end of April 1911.
An additional 500 acres will be taken in hand in 1911-12.
Digitized by VjOOQ IC
220
SUMATRA PROPRIETARY RUBBER PLANTATIONS,
LIMITED.
Founded: May 1909.
Capital: £100,000.— in £1.— shares.
Issued : £ 70,000. — , now fully paid, with guaranteed dividend of 5 pCt,
per annum for 5 years.
Purchase Price : £ 28,000.— (£ 10,000.— in fully paid shares and
£ 18,000. — in cash). The vendors guaranteed a dividend of
5 pCt. per annum for 5 years.
Directors: K. F. Arbuthnot (Chairman), H. A. Barrett, H. de Courcy
Hamilton, and P. £. Hervey.
Secretaries and Offices: M. P. Evans & Co., 30 Mincing Lane,
London, E.C.
Estate: Boekit Sentang.
Area: 4000 acres.
Situation: East-coast of Sumatra, district of Langkat, about 7 miles
distant from the port and railway station of Tandjong Poera,
with which the estate is connected by a cart road.
Elevation: 30 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Sultan of
Langkat, approved by the Netherland Indian Government.
The lease was granted in March 1902, at an annual rental of
/900. — to March 1910, and thenceforward at a rent of
/ 2400. — per annum, equal to about 1 s. per acre.
Cultivation: The estate consisted, when taken over, for the most part
of heavy jungle. In the year ended 30th April, 1910, about
1000 acres were felled, of which 475 acres were cleared and
planted with Para Rubber. The area under cultivation at
30th April 1911 was 782 acres, planted with: —
51,373 Hevea trees in 1909/10 and
34,788 „ „ „ 1910/11.
86,161 Hevea trees.
The original intention was to adopt a system of "catch
crops," such as Coflfee, but fearing that this would interfere
with the growth of the Rubber trees, the proposed cultivation
of Coflfee was not proceeded with.
Dividends: A dividend of 5 pCt. per annum on the present issue is
guaranteed by the vendor Company, the Sumatra Consolidated
Rubber Estates, Ltd., for six years, commencing 7th May 1909,
and payable on the 7th May and 7th November each year.
Financial year ends 30th April.
Annual Report issued in August.
Digitized by VjOOQ IC
221
SUMATRA RUBBER CULTUUR MAATSCHAPPIJ.
Founded: June 1909.
Capital: / 1,200,000.— in 1200 shares of /lOOO.— each.
Issued: / 600,000.— , fully paid.
Purchase Price: / 247,000.— , of which /87,000.— in fully paid shares
and / 160,000.— in cash.
Managing Directors: Messrs D. M. and C. Watering.
Members of the Board : Th. C. Dentz, Jonkheer A. W. J. Graafland,
H. C. Rehbock (Chairman), Prof. Dr. P. van Romburgh, and
W. C. de Vlaming.
Registered Office: Amsterdam, Rokin 5/15.
Estates: Kedaton I, II and III.
Total Area: 2006 bouws (3510 acres).
Situation : South-Sumatra, residency of Lampongsche Districten, division
of Telok Betong, district of Tandjong Karang, 5 miles distant
from the port of Telok Betong.
Elevation varies from 300 to 400 feet above sea-level.
Tenure : The lands are held under 75 years' lease from the Netherland
Indian Government, granted in January 1909, at an annual
rental of /I. — per bouw.
Cultivation: At the end of December there were the following
Rubber trees: —
Planted. Heveas.
1907 11,435
1908 6,555
1909 5,910
1910. . . • . 32,000
Ficus.
6,250 (1907/8)
3,100
3,150
55,900 Hevea.
The Coffee plantations comprise : —
Planted. Robusta.
1897/9
1900.
1902.
1904.
1906 2,000
1908 59,150
1909 35,500 (1908/9)
1910 50,500
12,500 Ficus.
Liberias.
2,200
3,500
9,900
33,150
70,800
34,050
10,500
146,650 Robusta 146,100 Liberia- bushes.
There are also 8785 Capoc trees.
The nurseries contained 50,000 Hevea stumps.
Digitized by VjOOQ IC
222
Production: Many Hevea trees were already tappable at the age of
3^/ji years. For 1911 a small Rubber crop is expected.
The 1910 yield amounted to: —
941 piculs Liberia Co£fee,
50 „ Kobusta Co£fee and
1745 Kilos Capoc.
The Coffee crop for 1911 is estimated at 800 piculs Liberia
and 250 piculs Bobusta Coffee.
Dividend: For 1910 a dividend of 4 pCt. on the paid-up capital was
paid, the net profit amounting to/40,956.71, of which / 16,356.71
was carried forward.
General Information: The allotment of profits has to take place
as foUows:
6 pCt. dividend to ^shareholders, from the remainder: —
10 „ to reservef und, until this has reached an amount equal
to 25 pCt. of the capital stock ; and from the balance : —
10 „ to Managing Directors.
10 „ to Members of the Board together.
5 M to Superintendent.
75 „ to shareholders.
Financial year ends 31st December.
Annual Report issued about April-May.
Digitized by VjOOQ IC
223
SUNQEI BUAYA (SUMATRA) RUBBER COMPANY, LIMITED.
Founded: October 1909.
Capital: £75,000.— in £1.— shares.
Issued: £63,000.— (28,000 vendor shares fully paid, and 35,000 sub-
scribers, shares also fully paid.
Purchase Price: £48,000.— (£28,000.— in fully paid shares and
£20,000. — in cash). Options have been granted for 3 years
at par over the unissued 12,000 shares.
Directors: A. Gorton Angier (Chairmaii), J. C. Bunge, T. Carritt, D. W.
Lovell, J. W. Lintner, and C. Rehorst.
Secretaries and Offices : Guthrie & Co., Ltd., 5 Whittington Avenue,
London, E.C.
Estate: Bandar Kwala.
Area: 1438 bouws = 2518 acres.
Situation: East-coast of Sumatra, district of Serdang, distant about
6 miles from the Galang railway station, and about 30 miles
from Medan, the capital of the East-coast.
Elevation: 250 feet above sea-level.
Tenure: The land is held under 75 years' lease from te Sultan of
Serdang, approved by the Netherland Indian Government, of
which 52 years are unexpired. The annual rental amounts to
/I. — per bouw.
Cultivation: At the end of Decembar an area of about 1500 acres
was under Para Rubber, as follows : —
7,144 Hevea trees, planted in 1905
29,229
»
»
»
„ 1906
27,615
»
»
»
„ 1907
27,078
»
»
»
„ 1908
16,380
»
»
«
„ 1909
71,821
«
»
»
„ 1910
179,267 Hevea trees.
A large portion of the area under Rubber is interplanted
with Coffee.
The Directors have decided not to proceed with any further
planting of Coffee, but have instructed the Manager to confine
future operations entirely to Rubber cultivation. As it has
been found that the older Coffee interfered materially with the
growth of the Rubber trees, a considerable portion is being cut out.
Digitized by
Google
22^
uction: Tapping was commenced at the end oi
• April 1910.
The estimate of crops for the next few
years, given in the
prospectus, is as follows:—
Rubber
Coflfee
lbs.
piculs
1910-11 5,400
1885
1911-12 37,100
1727
1912-13 105,100
1148
1913-U 167,700
330
1914-15 223,000
—
The actual output of Bubber
was: —
From May to December 1910
3,715 lbs.
and in 1911: January . . .
1,470 „
February . . .
1,150 „
March ....
1,470 „
April
2,000 „
May
2,500 „
making a total of 12,305 lbs. ui
[> to the end of May.
Profit and Loss Account: For the year, ended 30th June 1910,
£ 1050 was carried forward.
Financial year ends 30th June.
Annual Report issued in November.
Digitized by VjOOQ IC
225
SUNGEI KARI (SUMATRA) RUBBER ESTATE, LIMITED.
Founded: July 1909.
Capital : £ 56,000.— in £ L— shares.
Issued : £ 53,450.— (23,000 f ullj paid vendor shares, and 30,450 shares
on which 17 s. 6d. has been paid, the balance to be called up
on the 1st July 1911). A dividend of 5 pCt. per annum for
2 years has been guaranteed by the Vendors.
Purchase Price: £30,000.— (£23,000.— in fully paid shares, and
£7,000.— in cash, less £2000.—, retained by the Company
for payment of interest at 5 pCt per annum during the first
and second years upon the 30,000 shares subscribed), with the
option to take at par to 31st December, 1912, the unissued
2550 shares.
Directors: JSir W. H. Treacher (Chairman), W. A. Addinsell, C. de
Winton, and T. A. Gallie.
Secretaries and Offices: Bright & Galbraith, Ltd., 4 Corbet Court,
Gracechuroh Street, London, E.C.
Estate: Soengei Kari.
Area : 994 bouws = 1750 acres, of which 562 acres are reserved for the
native population.
Situation: East-coast of Sumatra, district of Upper-Serdang, about 8
miles distant from the Galang railway station on the main
line to M^dan and the port of Belawan.
Elevation: 300 feet above sea-level.
Tenure: The land is held under 75 years* leage from the Sultan of
Serdang, ratified by the Nether land Indian Government, at an
annual rental of /I. — per bouw. The lease was granted in
August 1887 and is renewable after expiration for a further
period of 50 years.
Cultivation: At the end of December 1910 an area of 818 acres was
under Para Rubber. The ages of the trees are as follows: —
50 acres 6000 trees 1905
168 „ 24,000 „ 1906
240 „ 34,000 „ 1907
350 „ 50,000 „ 1908
818 „ 114,000 trees Hevea.
About 178 acres of the Rubber are interplanted with Liberia
Coffee trees but these are all being cut out, as it was found that
the Coflfee trees interfered materially with the growth of the
Rubber trees.
15
Digitized by
Google
226
The Directors propose to plant in 1911 an additional 182
acres with Para Rubber, to bring the total planted area up to
1000 acres.
Production : The prospectus gives the following estimated returns from
Rubber for the next few years: —
5,000 lbs. of Rubber in 1910-11.
30,000 „ „ „ „ 1911-12.
85,000 „ „ „ „ 1912-13.
160.000 „ „ „ „ 1913-14.
220.000 „ „ „ „ 1914-15.
From the Coffee a revenue of £500. — was expected for
1911-12, and of £1000.— for 1912-13.
Tapping commenced in July 1910, and the actual output up
to December 1910 was 4400 lbs.
and in 1911 : January 2750 „
February 2075 „
March 1600 „
April 1244 „
May 2512 „
making a total of 14,581 lbs. up to the end of May.
Financial year ends 30th June.
Annual Report issued in December.
Digitized by VjOOQ IC
227
THE SUNGEI RAMPAH RUBBER COMPANY, LIMITED.
Founded: August 1910.
Capital: £60,000.— in £1.— shares.
Issued: £50,000.— (50,000 shares 10s. paid).
Purchase Price: £20,000.— r, which amount has been paid and satisfied
by the allotment to the vendors of 49993 shares credited with
8 s. paid up.
Directors: G. Balloch, A. Denison and W. Percy Pinckney.
Secretary and Offices: R. A. Carvalho, 9 Queens Road Central,
Hongkong.
Estate: Soengei Bampah.
Area: 1803 bouws «= 3160 acres.
Situation: East-coast of Sumatra, district of Padang and Bedagei,
distant about one mile from the railway stations at Bampah
and Bamban.
Tenure: The land is held under 75 years' lease from the Sultan
of Deli, ratified by the Netherland Indian Government. The
lease expires in February 1962 and is renewable.
Cultivation: An area of 1000 acres was under cultivation at the end
of 1910, planted with approximately: —
54,000 Hevea trees in 1909.
22,000 „ „ „ Jan.-Febr. 1910.
32,000 „ „ „ July-Nov. 1910.
108,000 Hevea trees.
It was proposed to plant 500 acres with Cocoanut trees.
Production: The oldest Bubber trees should be ready for tapping in
1913. The estimated crops are: —
20,000 lbs. of Bubber in 1913.
60,000 „ „ „ „ 1914.
150,000 „ „ „ „ 1915.
And afterwards steadily increasing.
Digitized by VjOOQ IC
228
TAMIANG RUBBER ESTATES, LIMITED.
Founded: September 1909.
Capital: £120,000.— in £1.— shares.
Issued: £83,000.—, fully paid.
The shares are quoted on the Exchange in London and Paris.
Purchase Price: £45,000. — in fully paid shares.
Directors : C. Engeringh (Chairman), Lt. Col. C. M. L. Bride, J. C. Tate,
L. D. J. Donnet, A. G. N. Swart, U. von Roll, C. L. Wiegand,
and H. Wright.
Secretaries and Offices: Rubber Estate Agency, Mincing Lane House,
59 Eastcheap, London, KC.
Estates: Tamiang, Oepah and Rantau.
Total Area: 4752 hectares = 11,742 acres.
Situation : East-coast of Sumatra, division of Atjeh, district of Tamiang,
on the Tamiang river, navigable for native crafts. The estates
are about 20 miles distant from the port of Langsar, with
which they are connected by good roads. A railway to Langsar,
intersecting the ^estates , is in course of construction.
Elevation : 100 feet above sea-level.
Tenure: The lands are held under 75 years' leases from the Native
Radjas, ratified by the Netherland Indian Government, at an
annual rental of /0.30 per hectare for the first year gradually
rising to / 1.50 per hectare in the fifth, sixth and seventh year,
and /3. — in the eighth and following years. The leases date
from the 1st March 1908.
Cultivation: At the end of February 1911 an area of 2455 acres was
under Para Rubber, particulars of which are: —
5,357 Hevea trees, planted Nov./Dec. 1908.
23,346 „ „ „ Jan./Febr. 1909.
56,455 „ „ „ May/Nov. 1909.
116,330 „ „ „ Oct. /Dec. 1910.
61,200 „ „ „ Jan./Febr. 1911.
262,688 Hevea trees.
The Para Rubber has been interplanted with approximately : —
40,000 Cacao trees, now V-j^ years old, and
38,000 Liberia Coffee trees, planted in 1909.
Digitized by
Google
229
Production : It is intended to commence tapping operations in the early
days of 1912, and the estimated Rubber output for the next
few years is estimated at: —
2,500 lbs. for 1912 from 5,000 trees.
45,000 „ „ 1913 „ 80,000 „
202,500 „ „ 1914 „ 240,000 „
The Liberia Coffee should enter into bearing in 1912, and
18,000 of the Cacao trees in 1913.
General Information: In order to comply with the Dutch law, the
estates have been vested in a Dutch Company, called "Noord-
Sumatra Rubber Cultuur Maatschappij," registered in the Hague
in January 1911, with a capital of /1, 440,000. — in shares of
/ 10,000. — each, the whole of which was acquired by the present
Company.
Financial year ends 30th September.
Annual Report issued in December.
Digitized by VjOOQ IC
230
TANDJONQ RUBBER COMPANY, LIMITED.
Founded: March 1907.
Capital: £ 150,000. — in shares of £ 1. — each. The Company was for-
med with a capital of £ 100,000. — , which was increased in
November 1909.
Issued: £96,006. — , fully paid, of which 16,000 shares were issued in
February 1911 at 30 s. per share premium, and 19,994 of the
remaining shares are under call for six years from March 1907.
Purchase Price: / 46,775.— (£3981.—) and the right to take at par
for six years (from March 1907) 10,000 of the unissued shares,
which call was partly exercised.
Directors: A. Lampard, C. £. Morrison, and George Croll.
Secretaries and Offices: Harrisons & Crosfield, Limited, 49—51
Eastcheap, London, E.G.
Estate: Tandjong Kassau.
Area: 4782 bouws = 8460 acres.
Situation: East-coast of Sumatra, division of Batoe Bara, district of
Tandjong Kassau, about 7 miles distant from the Tebing Tinggi
railway station, which is about 65 miles distant from the port
of Belawan.
Elevation: 50 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Radja of
Tandjong Kassau, ratified by the N^therland Indian Govern-
ment, at an annual rental of /I. — per bouw. The lease was
granted in February 1890.
Cultivation: The area planted with Para Rubber at 31st December
1910 was 3500 acres, viz: —
584 acres 3 years old.
534
)}
33 months „
21
28 „
360
27 „
651
26 „
695
25 „
155
2 years „
500
))
planted
1910
3500 acres with 402,500 Hevea trees.
The Directors propose to plant an additional 1000 acres with
Para Rubber during 1911. The original program of development
will then be completed.
From June to December 1909 an area of 2595 acres of the
Rubber was interplanted with Robusta Coffee.
Production: The Directors think that in all probability some of the
Rubber will come into bearing in 1911, but taking 1913 as
the first year of bearing, crops are looked for of: —
200,000 lbs. in 1913 and
at least 300,000 „ in 1914
Financial year ends 30th June.
Annual Report issued in October.
Digitized by VjOOQ IC
231
THE TANGOEL RUBBER ESTATES, LIMITED.
Founded: February 1910.
Capital: £85,000.— in shares of £ 1.— ea<jh.
Issued: £75,000.—, fully paid.
Purchase Price: £55,000. — in cash.
Directors: W. Hilliers, C. C. Mac Leod, A. B.Lamb, R. N. G. Bingley,
and F. Worthington.
Secretaries and Offices: Rowley Davies & Co., 27 Mincing Lane
London, E.C.
Estates: Soekokoelon I and IL
Total Area: 560 bouws = 989 acres.
Situation : East-Java, residency of Besoeki, division of Djember, district
of Tanggoel, distant about 6 miles from a railway station.
Elevation varies from 250 to 300 feet above sea-level.
Tenure: The lands are held under 75 years' lease from the Netherland
Indian Government, granted respectively in October 1900 and
February 1901, at an annual rental of /3.50 per bouw.
Cultivation: At the time of the foundation of the Company the
estates were almost wholly planted with Para Rubber, viz: —
70,000 trees, planted in 1906/7.
35,520 „ „ „ 1907/8.
50,000 „ „ „ 1908/9.
15,000 „ „ „ 1909/10.
170,520 Hevea trees.
The Rubber is interplanted with: —
660,000 Robusta Coffee trees, and
70,000 Liberia „ „ ,
which are now for the greater part in full bearing.
Production: About 35,000 Rubber trees became tappable in 1910, and
the following estimates of crops were given in the prospectus :—-
Rubber Coffee
lbs. piculs.
1910—11. . . . 17,500 384
1911—12. . . . 61,380 3296
1912—13. . . . 117,890 6313
General Information: In order to comply with the Dutch law, the
estates continue to be held in the name of the vendor Company,
"The Soekokoelon Rubber Company, Ltd.," registered in Batavia
in June 1909, with a capital of / 200,000.— in shares of
/ 250. — each, the whole of which was acquired by the new
Company.
Financial year ends 31st May.
Digitized by VjOOQ IC
232
TAPANOELIE CAOUTCHOUC PLANTAGEN MAATSCHAPPIJ.
(SOClfeTt DES PLANTATIONS DE CAOUTCHOUC
DE TAPANOELIE).
Founded: February 1908.
Capital: / 1,000,000.— , in 10,000 shares of /lOO.— each (and 10,000
profit shares).
Issued: / 1,000,000.— , fully paid.
Purchase Price: / 425,000.— (/ 250,000.— cash, and / 175,000.— in
fully paid shares of the Company) and 5250 profits hares.
Directors : Marquis A. de Lameth (Chairman), Ed. Thijs, P. Osterrieth,
Comte O. Le Grelle, L. Donnet, C. Engeringh (Managing
Director), and Prof. Dr. P. van Romburgh.
Auditors: E. Cosaert, and E. van Hoobroeck de Tewalle.
Registered OflBce: The Hague, Zeekant 99 (Soheveningen).
Office of Managing Director: Paris, 20 Rue Laffitte.
Estates: Malomboe and Pinangsore.
Total Area: 5320 bouws (about 9300 acres).
Situation: West-coast of Sumatra, residency of Tapanoeli, divisions of
Angkola and Pinangsore, at a distance of about 30 miles from
the port of Siboga, by which the estates are connected by good
cart roads and also by the navigable Loemoet river.
Elevation varies from 300 to 700 feet above sea-level.
Tenure : The lands are held under 75 years' leases (dated March 1903
and December 1900) direct from the Netherland Indian Govern-
ment, at an annual rental of /I. — per bouw (about IIV2 ^•
per acre).
Cultivation: At the end of July 1910 about 1340 acres were planted
with 190,000 Hevea trees and 22,000 Ficus trees of which
. particulars are as follows : —
Hevea trees. Ficus trees.
52,715 and 6,953, 7 year^ old.
9,480 — , 2 „ „
128,772 „ 15,213, 1 „ „
190,967 22,166
The Rubber was interplanted in 1910 with 78,659 Robusta
Coffee bushes.
Digitized by VjOOQ IC
233
Production: Tapping commenced in April 1910. Up to December the
Rubber production amounted to 2780 Kilos (6160 lbs.).
The output in 1911 was: —
697 Kilos in January.
700 „ „ February.
806 „ „ March.
680 „ „ April.
1000 „ „ May.
Total 3883 Kilos (8,555 lbs.)
General Information: The allotment of profits, after deduction of an
amount, to ha fixed by the Board, for a reservefund, has to
take place as follows: —
5 pCt. dividend to shareholders.
From te remainder: —
15 „ to the Board of Directors.
And from the balance: —
60 „ to shareholders.
40 „ to holders of profit shares.
Financial year ends 30th June.
Annual Report issued about December.
Digitized by VjOOQ IC
234
TELOGOREDJO UNITED PLANTATIONS, LIMITED.
Founded: March 1910.
Capital: £150,000.— in £1.— shares.
Issued : £ 135,000.—, fully paid.
Purchase Price : £ 98,000.—, payable as to £ 96,000.— in cash, and
£2000. — in fully paid shares. The vendors have an option to
subscribe for 15,000 of the unissued shares at par for three years.
Directors : J. H. Rentonj^ F. A. Callaway, and F. H. SpauU.
Secretaries and Offices: Spaull & Schroeder, 9 and 10 George Yard
Lombard Street, London, E.C.
Estates: — 1. Telogo-redjo 450 bouws.
2. Medajin 494
3. Wonosari 399
4. Soemberredjo 458
5. Soemberdjambe 477
6. Sonosekar c.a 1052
7. Gledagan Pantjoer c.a., . . 1050
Total Area: 4380 bouws = 7682 acres.
SitUBtion: East-Java, residency of Pasoeroean, division of Malang,
district of Toeren. All the estates are within 10 miles distance
from a tramway station.
Elevation varies from 1500 to 2000 feet above, sea-level.
Tenure : The lands are held under 75 years' leases from the Netherland
Indian Government, granted between the years 1881 and 1906
at an annual rental of /6. — per bouw.
Cultivation: When the estates were taken over, a total area of 5957
acres was under cultivation with Rubber, Coffee, Pepper and
other crops. Particulars of the Rubber are: —
15,206 Hevea trees, planted in 1909.
36,849 Ficus „ „ „ 1901-1908.
50,100 Castilloa „ „ „ 1901-1907.
62,144 Ceara „ „ „ 1909.
164,299 Rubber trees.
Up to December 31st 1910 470,000 Hevea Rubber plants had
been planted out over 4195 acres and are reported doing well.
There are also approximately: —
2,000,000 old Java and Liberia Coffee trees.
1,650,000 Robusta and Hybrid Coffee trees, partly in bearing.
20,000 Cacao trees.
Digitized by
Google
235
Production: The total market produce harvested during 1910 is as
follows : —
1,392 lbs. of dry Rubber.
3,629 piculs of Coffee.
56,304 lbs. „ Cacao.
18,251 „ „ Nutmegs.
3,094 „ „ Mace.
4,053 „ „ Other spices.
The Coffee crop for 1911 is estimated at 7000 piculs.
The 1910 Coffee crop has been sold at prices averaging / 43. —
per picul or about 59 s. per cwt.
General Information: In order to comply with the Dutch law, the
estates have been vested in a Dutch Company, called <<Kaam-
looze Vennootschap Toeren Estates," registered in Java in
April 1910, with a capital of / 1,200,000.— in shares of
/1 2,000. — each, the whole of which was acquired by the
present Company.
Financial year ends 31st December.
Digitized by VjOOQ IC
236
soci^tM: anonyme des plantations de
telok dalam.
Founded: August 1909.
Capital: Frs. 1,500,000.— in shares of frs. 100.— each. The shares are
quoted on the Exchange in Antwerp.
Issued : Frs. 1,500,000.—, besides Frs. 500,000.— 6 pCt. debenture bonds,
convertible into shares at par.
Purchase Price : Frs. 1,000,000.— in fully paid shares.
Directors: Ed, Bunge, E. Cheneviere, W. Friling, E. Grisar, C. A,
Haggenmacher, Ch. Poirson, C. C. Wiget, and M. Sidney Parry.
Auditors: A. Gohr, F. Reiss, and C. Swolfs.
Secretary and Offices: F. Maus, 21 Rue Arenberg, Antwerp.
Estates: Wintherthur, Telok Dalam, Soeka Djadi and Ajer Telok,
four adjoining plots, together known as "Telok Dalam.''
Total Area: 2295 hectares = 3334 bouws == 5672 acres.
Situation: East-coast of Sumatra, district of Asahan, about 16 miles
from the port of Tandjong Balei.
Elevation: 80 feet above sea-level.
Tenure: The lands are held under 75 years' lease from the Sultan of
Asahan, approved by the Netherland Indian Government. The
leases were granted between the years 1893 and 1898, at an
annual rental of /I. — per hectare.
Cultivation: At the end of December 1910 an area of 2019 acres
was under cultivation with : —
210,940 Hevea trees.
2,500 Ficus trees, from 10 to 12 years old.
605,167 Robusta Coffee trees, planted in 1909/10.
340,000 Liberia „ „ in bearing.
Particulars of the Para Rubber are as follows:—
912 Hevea trees, planted in 1901.
1,095
» >»
„ 1905.
12,899
> >»
„ 1906.
24,127
> yy
„ 1907.
67,500
» ?j
„ 1908.
104,407
t »
„ 1909/10
210,940 Hevea trees.
The Rubber has been interplanted with Coffee.
The planting program is now completed.
Digitized by VjOOQ IC
237
Production: The 1910 crop consisted of: —
6,683 Kilos of Rubber, and
195,000 „ „ Coflfee.
And the estimate for 1911 is: —
15,000 Kilos of Rubber, and
150,000 „ „ Coffee.
Th6 actual Rubber output in 1911 up to the present was
9,976 lbs., viz.:—
January 1,914 lbs.
February 2,053 „
March 2,136 „
April 1,670 „
May 2,203 „
Tapping commenced in August 1909, and in August 1910
about 6,500 trees were being tapped against 15,000 trees in
May 1911, which number is expected to further increase to
30,000 or 40,000 trees during 1911.
Dividends, etc. A dividend of 12 pCt. was paid for the year, ended
31st December 1910, the net profit, after deducting frs. 21,079,66
for reservefund and bonus, amounting to frs. 149,788,66, of
which frs. 3,538,66 was carried forward.
General Information : The allotment of profits — after deduction of an
amount for reservefund — has to take place as follows: —
5 pCt. dividend to shareholders.-
15 „ from the remainder to the Directors and Auditors
together,
and the balance to shareholders.
Financial year ends 31st December.
Annual Report issued in June.
Digitized by
Google
238
THE TEMPEH (JAVA) RUBBER PLANTATIONS, LIMITED.
Founded: June 1910.
Capital: £150,000.—, in 2s. shares.
Issued: £120,000.—, fully paid.
Purchase Price : £ 80,000. — cash, with the option to take at par for
3 years 300,000 of the unissued shares.
Directors: Col. Ivor Philipps, E. H. Parry, L. C. Bemacchi, and
A. H. Dunsmure.
Secretary and Offices: W. Bellamy, 104 Winchester House, London, E.C.
Estates: Soember-woeloe, Pontjo Kesoemo, Toijo Aroem, and Kebon
Agoeng-Lor.
Total Area: 1248 bouws = 2184 acres.
Situation: East- Java, residency of Pasoeroean, division of Loemadjang,
district of Tempeh, about 6 miles distant from the Pasirian
railway station, with which the estates are connected by good roads.
Elevation varies from 800 to 2200 feet above sea-level.
Tenure: The lands are held under 75 years' Government leases, dated
between the years 1889 to 1900, at an annual rental of /1. 50
per bouw.
Cultivation: The following were the number and dates of planting of
the Rubber, Coffee, and Cacao trees on January 1st 1910: —
Robusta
Planted:
Hevea trees.
Coffee trees.
Cacao trees.
1900/1 . . .
— .
— .
64,251
1901/2 . . .
17
—
—
1903 . . .
—
—
32,653
1904/5 . .
—
—
2,397
1906/7 . . .
38,777
37,055
2,482
1907/8 . . .
31,978
49,391
—
1908/9 . ,
23,811
115,635
—
1909/10. .
11,550
61,700
—
106,133 . 263,781 101,783
There are also: —
1,522 Canifora Coffee trees, planted 1907/8.
14,030 Manilla Hemp trees, planted 1909.
7,614 Nutmeg trees, mostly planted 1901.
163 acres Coca (Cocaine), planted 1904/5.
288 Camphor trees, planted 1908.
1,299 Ficus trees, ) ranging from 11 years
2,272 Castilloa trees,) downwards.
The cultivated area at that date was approximately 1353 acres,
and it is proposed to plant out as much of the remaining area
as practicable with additional Hevea trees.
Digitized by
Google
239
Production: Tapping has now commenced. The following estimated
outputs of Hevea Rubber are given in the prospectus: —
lbs.
1911/12 19,388
1912/13 54,766
1913/14 102,048
1914/15 155,107
1915/16 188,776
Ganeral Information : In order to comply with the Dutch law, the estates
are held in the name of the "Tempeh Cultuur Maatschappij'',
registered in The Hague, with a capital of /1, 000,000. — , in
shares of / 5000. — each, which were all acquired by the present
Company.
Financial year ends ) , ^ j .. j
« •^ ^ . , , . > not yet decided.
Annual Report issued about ) "^
Digitized by VjOOQ IC
240
MAATSCHAPPg TOT EXPLOITATIE VAN ONROERENDE:
GOEDEREN <' TENDJORESMI. '
Founded: May 1907.
Capital: / 350,000.-— in shares of /lOOO.— each (besides a limited
number of profit shares). .
Purchase Price: / 69,000. — in fully paid shares.
Directors: B. A. Eekhout (Managing), K. A. R. Bosscha, and Jonk-
heer W. Th. Boreel.
Registered Office: Bandoeng.
Estate: Tendjoresmi.
Area: 50 bouws (besides 5 adjoining plots of land the company was
applying for at the time of the foundation).
Situation: West- Java, residency of Preanger Begentschappen, division
of Soekaboemi, district of Plaboean, distant about 34 miles
from the railway station at Tjibadak and 1 mile from the
port of Wijnkoopsbaai, on the South Coast of Java.
Elevation: 300 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Ketherland
Indian Government, granted in October 1899, at an annual
rental of /1.50 per bouw.
Cultivation: The land is under cultivation with Para Bubber, Capoc
and Cocoanuts.
Production: In 1910 about 20 piculs of capoc were harvested.
Tapping should commence in 1912, for which year a yield
of about 6000 Kilos (13,200 lbs.) of Hevea Bubber is expected.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. to a reservefund, until this has reached an amount of
/ 100,000.— , and
5 „ dividend to shareholders.
From the remander: —
6 „ at the disposal of the Directors.
10 „ to the Directors together.
And from the balance: —
70 „ to shareholders and
30 „ to holders of profit shares.
Financial year ends 31st December.
Annual Report issued before the end of April.
Digitized by CjOOQ IC
241
ROBBER CULTUUR-ONDERNEMING "TIMBANG-DELI".
Founded: May 1909.
Capital: / 500,000.— in 500 shares of /lOOO.— each.
Issued: / 500,000.— , fully paid.
Purchase Price: / 325,000.— / 150,000.— cash and /175,000.~ in
fully paid shares.
Managing Director: A. Enthoven.
Members of the Board: D. F. Poel, H. Ponse, and J. W. van de
Stadt.
Registered Office: Amsterdam.
Estate: Timbang Deli.
Area : about 2000 bouws = 3500 acres.
Situation: East-coast of Sumatra, district of Serdang. The estate is
intersected by a good Government road, and by the Deli-rail-
way with Galang-station on the estate. Moreover the land is
borderedby the Timbang-river navigable for native crafts.
Elevation: 100 feet above sea-level.
Tenure: The estate is held under 75 years' lease from the Sultan of
Serdang, confirmed by the Netherland Indian Government,
granted in August 1898, at a total annual rental of /1 700.— .
Cultivation: End December 1910 an area of about 700 bouws (1225
acres) was under Rubber with: —
995 Ficus trees planted 1902
2,500 „ „ „ 1903
3,600 „ „ „ 1904
7,095 F icus trees (planted 36 X 36 feet).
5,000 Hevea trees planted 1906
7,000 „ „ „ 1907
6,190 „ „ „ 1908
42,071 „ „ „ 1909
30,053 „ „ „ 1910
90,314 Hevea trees (planted 22 X 22 feet).
It is intended to plant in the years 1911/1914 an additional
1300 bouws with Hevea trees, sothat by the end of 1914
about 2000 bouws should be planted with 7,095 Ficus and
329,500 Hevea trees.
The Rubber is interplanted with 212,620 RobustaCoflfee trees.
16
Digitized by
Google
242
Production: The 1910 crop amounted to: —
305 Kilos of Ficus Rubber
304 „ „ Hevea „
The returns for the next few years are estimated at: —
Rubber (Kilos). Coffee (piculs).
in 1911 900 —
„ 1912 2000 1000
„ 1913 5000 4000
General Information: The allotment of profits has to take place as
follows : —
6 pCt. dividend to shareholders, and from the balance: —
7^/s „ to the Managing Director.
I21/3 „ to the Members of the Board.
15 »i to reservefund.
65 „ to shareholders.
Financial year ends 31st December.
Annual Report issued about June.
Digitized by VjOOQ IC
243
NAAMLOOZE VENNOOTSCHAP „TIMBOELOEN
SYNDICAAT".
Founded: February 1908.
Capital: / 100,000.— in 200 shares of /500.— each.
Issued: / 100,000.— (200 shares, fully paid).
Directors: Van Houten, Steffan & Co. (Managing), J. Yorstelman,
and J. A. Beer.
Registered Office: Padang (Sumatra).
Agents and Branch-OfQce : D. M. <fe C Watering, Rokin 5-15,
Amsterdam.
Estate: Timboeloen (755 bouws. In 1910 the Company obtained direct
from the Netherland Indian Government a concession, covering
2596 bouws.
Area: 3351 bouws = 5864 acres.
Situation: West-coast of Sumatra, residency of "Padangsche Boven-
landen," division of Moeara Laboe, district of Pasimpei, distant
about 107 miles from the port of Padang.
Elevation averages 1800 feet above sea-level.
Tenure: The land is held under 75 years' lease direct from the
Netherland Indian Government, granted in September 1900,
at an annual rental of /I. — per bouw.
Cultivation: An area of 300 bouws (525 acres) is under cultivation
with Para rubber. Coffee, and Cassia vera. Particulars of the
plantations are as follows: —
56 bouws Para Rubber, planted in 1908.
48 „ „ „ „ „ 1909.
79 „ „ „ „ „ 1910.
183 bouws (320) acres Para Rubber.
46 „ Cassia vera, planted in 1908.
• A „ „ „ - ,, l9U«7.
300 bouws.
The whole area of 300 bouws is interplanted with Coffee,
viz. : 200 bouws with Robusta and 100 bouws with Arabica Coffee.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to a reservefund. From the remainder: —
6 „ dividend shareholders. And from the balance : —
70
5
10
15
Financial year ends 3l8t December.
Annual Report issued in April.
to shareholders.
to the Members of the Board together.
to the Managing Directors, and
to the Estate-Manager.
Digitized by VjOOQ IC
244
CULTUUR MAATSCHAPPIJ "TJIAQRA PLANTATIONS.'
Founded: July 1909.
Capital: / 500,000.— in 2000 shares of /250.— each, and 1080 profit
shares.
Issued: / 270,000. — (1080 shares series A). The Directors have been
authorised to issue the remaining 920 shares series B.
Purchase Price : / 85,798,62.
Managing Directors : J. F. A. M. van Waesberghe and E. Beauthier.
Technical Adviser: Dr. A. H. Berkhout.
Members of the Board: B. Berkhout, J. Carpentier, T. C. Daey
Ouwens, A. J. F. Fokker, P. W. M. Hoegen, baron Auguste
Jacquinot, and Pierre W^gimont.
Registered Office: Hulst (Holland).
Estates: Tjiagra I, II and III.
Total Area: 1308 bouws (2290 acres).
Situation: Java, residency of Preanger Regentschappen, division of
Tandjoer, district of Tjidamar.
Elevation: 300 feet above sea-level.
Tenure: The lands are held under 75 years' lease, dated Septemper
1909, from the Netherland Indian Government, at an annual
rental of / 1.25 per bouw.
Cultivation: At the end of December 1910 an area of 340 bouws
(600 acres) was under Rubber, of which particulars are given as : —
5,456 Hevea trees, planted in 1909.
113,712 „ „ „ „ 1910.
119,168 Hevea trees.
It was proposed to plant in 1911 a further 200 bouws with
Rubber, and to plant also Coca and Coconut trees.
The nurseries contained 239,661 Hevea seeds and small stumps.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. to reservefund, until this has reached an amount of
/ 125,000.—.
5 „ dividend to shareholders. From the remainder: —
9 „ to the Managing Directors and Technical Adviser
together.
16 „ to the Members of the Board together.
3 „ to the Estate Manager in Java.
2 „ to the Superintendent in Java. And from the balance : —
50 „ to shareholders, and
50 „ to the holders of profit schares.
Financial year ends 31st December.
Annual Report issued about March-April.
Digitized by VjOOQ IC
245
CULTUUR MAATSCHAPPIJ "TJIBINTARO PLANTATIONS.'
Founded: January 1908.
Capital: / 500,000.— in 2000 shares of /250.— each (and 1080
profit shares).
Issued: / 500,000.— (/ 270,000.— , series A, fuUy paid, and / 230,000.— ,
series B, 10 pCt. paid).
Purchase Price: / 66,896.—.
Managing Directors: J. F. A. M. van Waesberghe and E. Beauthier.
Members of the Board : A. A. de Veer Gzn. (Chairman), G. Dochen,
Ernest Dubois, Victorien Lacourt, D. Vanderhaeghen L.
Lacourt, and P. W. M. Hoegen.
Technical Adviser: Dr. A. H. Berkhout.
Registered Office: Hulst (Holland.)
Estates : Tjibintaro I, II and III.
Total Area: 1445 bouws (2530 acres).
Situation: Java, residency of Preanger Regentschappen, division of
Tjandjoer, district of Tjidamar, at a distance of about 48 miles
from the Tjibeber railway-station.
Elevation: 300 feet above sea-level.
Tenure: The lands are held under 75 years' lease from the Netherland
Indian Government, granted in June 1908, at an annual rental
of /I. — per bouw (about IP/g d» pe^ acre).
Cultivation: In January 1911 an area of 348 bouws (610 acres) was
under Rubber, planted with: —
64,937 Hevea trees in Jan./March 1909.
3,422 Ficus „ „ „ „ 1909.
50,179 Hevea „ „ January 1911.
118,538 Rubber trees.
The nurseries contained 116,720 stumps and 125,000 seeds.
It was proposed to plant a further 200 bouws, and to inter-
plant the Rubber with Robusta Coffee.
General Information: The allotment of profits has to take place as
follows : —
5 pCt. to reservefund, until this has reached the amount of
/ 125,000.— .
5 „ dividend to shareholders. From the remainder: —
6 „ to the Managing Directors and Technical Adviser
together.
11 „ to the Members of the Board together.
3 „ to the Estate Manager in Java. And from the balance : —
50 „ to shareholders.
50 „ to the holders of profit shares.
Financial year ends 3l8t December.
Annual Report issued about March-April.
Digitized by
Google
246
TJIBOENI TJIPONGPOK CAOUTCHOUC MAATSCHAPPIJ.
Founded: February 1910.
Capital: / 500,000.— in 500 shares of / 1000.— each (and 100 profit
shares).
Issued: / 500,000.— , of which 20 pCt. paid.
Directors : F. S. van Nierop, L. C. van Heukelom, H. J. van Ogtrop,
H. van Kempen, and A. W. van Eeghen Jr. (Managing Director).
Registered Office: Amsterdam, Yondelstraat 38.
Estates: Tjiboeni I and II and Tjipongpok, and Telaga.
Total Area: 1183 bouws (2070 acres).
Situation: West- Java, residency of Preanger Regentschappen, division
of Tjandjoer, district of Djampang-wetan, at a distance of
about 38 miles from the Tjibeber railway station.
Elevation varies from 900 to 1500 feet above sea-level.
Tenure: The lands are held under 75 years* lease, dated July 1898,
from the Netherland Indian Government, at an annual rental
of /2. — per bouw.
Cultivation: At the end of 1909 an area of 400 bouws was under
cultivation, • of which : —
225 bouws were under Hevea Rubber,
95 „ „ „ lea.
80 „ „ „ Liberia Coflfee.
Production: The production for 1910 was estimated at: —
250 piculs of Liberia Cofifee and
2500 half Kilos of Tea.
General Information: The allotment of profits has to take place
as follow: —
5 pCt. to a reservefund, until this has reached lOpCt. of the
capital stock.
From the remainder: —
5 „ dividend to shareholders.
And from the remainder: —
2 „ to each Managing Director.
6 „ to the other Directors together.
10 „ to the holders of profit shares and the balance to
shareholders, unless the General Meeting of Shareholders decides
to add an amount of it to the reserve fund.
Financial year ends 31st December.
Annual Report issued about August.
Digitized by VjOOQ IC
247
PLANTAGEN GESELLSCHAFT TJIGANITRI.
Founded: December 1909.
Capital: / 300,000.— in shares of /300.— each.
Issued: / 300,000.— , fully paid.
Purchase Price: / 150,000. — in fully paid shares.
Directors: T. G. F. Luppe (Managing), and W. A. Graeflfe.
Registered Office: Bandoeng.
Estate: Tjiganitri.
Area: 560 bouws = 982 acres,
Situation: "West- Java, residency of Freanger Regentschappen, division
of Soekaboemi, district of Djampangkoelon, about 5 miles
distant from a railway station.
Elevation varies from 1000 to 1500 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Netherland
Indian Government, granted in March 1909, at an annual rental
of /1.50 per bouw.
Cultivation: In 1909-10 an area of 500 bouws has been planted with
Rubber trees.
At the time of the foundation of the Company 125,000
Hevea trees were already planted.
General Information: The allotment of profits, eventually after
deduction of a percentage to the European staff, has to take
place as follows: —
5 pCt. to the Managing Director,
2^2 pCt. to the other Directors,
5 pCt. to the Estate Manager,
5 pCt. (at the utmost) to a reserve fund, as will be decided
by the annual General Meeting of shareholders.
And the balance to shareholders.
Financial year ends 31st. December.
Annual Report issued before the end of April.
Digitized by VjOOQ IC
248
TJIKADOE RUBBER PLANTAGE.
(formerly "Nieuwe Nederlandsch-Indische Cultuur- en
Handel-Maatschappij).
Founded: July 1907.
Capital: / 1,000,000.— in 40,000 shares of /25.— each.
Issued: / 500,000. — , fully paid. The shares are quoted on the Exchange
in Geneva.
Purchase Price: / 100,000.— .
Directors : J. C. Bunge, E. Cheneviere, F. Maus, W. Friling, A. Grisar,
M. S. Parry, and Ch. Poirson.
Registered Office: Amsterdam, Keizersgracht 103.
Branch Office: 21 Rue Arenberg, Antwerp.
Estates: Kihiang I, II and III, Tjikadoe, and Tjikapas.
Total Area: 703 bouws =» 1230 acres.
Situation : West-Java, residency of Bantam, division of Lebak, districts
of Rangkas Betoeng and Sadjira, distant about 5 miles from
the railway station at Rangkas Betoeng, and about 2 hours
from Batavia.
Elevation varies from 350 to 400 feet above sea-level.
Tenure: The lands are held under 75 years' leases from the Netherland
Indian Government, granted between the years 1885 and 1898,
at an annual rental varying from /I. — to /1.50 per bouw.
Cultivation: The whole area of 703 bouws is now under cultivation*
Particulars of the plantations are: —
Planted.
Ficus trees.
Hevea trees.
1897-1900 ,
1,997
—
1902. . ,
7,978
—
1906. . ,
2,890
—
1907. . ,
—
40,609
1908. . ,
—
13,167
1908/9 .
—
6,743
1909. .
—
54,660
1909/10 .
—
56,373
12,865 Ficus. 171,552 Hevea.
There are moreover 83,313 Hevea stumps in the nurseries.
The Directors have decided to replace the Ficus trees by
Heveas.
Digitized by
Google
24:9
Production: In 1910 a yield of 1260 Kilos of dry Rubber was obtained
from 12,865 Ficus trees.
The Hevea trees, planted in 1907, are expected to be ready
for tapping in 1912.
General Information: The present Company was formed in May 1910
with the object of continuing the business of the "Nieuwe
Nederlandsch Indische Cult uur- en Handel Maatschappij,'' under
another name. The shares in the latter Company of /lOO. —
each have been exchanged for 4 new shares of /25. — .
The allotment of profits, eventually after deduction of an
amount for reserve fund, has to take place as follows: —
5 pCt. dividend to shareholders.
And from the balance: —
15 „ to the Directors together.
85 „ to shareholders.
Financial year ends 31st May.
Annual Report issued about Octobsr.
Digitized by VjOOQ IC
250
ASSAM THEE EN RUBBER MAATSCHAPPIJ TJIMEDANG.
Founded: July 1910.
Capital: / 200,000.— in shares of /lOOO.— each.
Purchase Price: /1 38,000. — in fully paid shares.
Debentures : The Directors have been authorised to issue / 50,000. —
six per cent Debentures.
Managing Director: J. C. Houwing.
Members of the Board: H. G. de Yisch Eybergen, J. A!. Bouwens,
and C. H. Lammerts van Bueren.
Registered Office: The Hague, Frederik Hendriklaan 35.
Estates: i. Malangbong I, district Wanakerta.
^' » •*"■■> » »
c. Pasir Djati I, „ „
d. Tandjak Nangsi, „ Darmaradja.
e. Tagok, „ „
together known as the estate " Tjimedang."
Total Area: 260 hectares = 364 b:)uws = 640 acres.
Elevation: 2500 feet above sea-level.
Situation : West-Java, residency of " Preanger Regentschappen, " divisions
of Limbangan and Soemedang.
Tenure: The estates are held under 75 years* leases from the Nether-
land Indian Government, granted in 1908 and 1909.
Cultivation: Tea and Rubber will are being on the estates.
In January, 1911, areee of 200 hectares (about 500 acres)
was under cultivation and planted with tea. About 8600 Hevea
trees were planted along the roads.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to the Estates' Managers together.
6 „ dividend to shareholders, and
from the remainder: —
10 „ to the Managing Director.
2Yj „ to each Member of the Board.
15 „ to the reservefund, until this has reached an amount
equal to 20 pCt. of the issued capital.
A percentage, to be fixed by the Board, to the
Superintendent.
And the balance to shareholders.
Financial year ends 31st December.
Annual Report issued in May.
Digitized by VjOOQ IC
251
CULTUUR MAATSCHAPPIJ „TJONDONG/'
(soci£t6 de culture DE TJONDONG).
Founded: June 1906.
Capital: / 700,000.— in 2800 shares of /250.— each, besides 2000
profit shares.
Issued: / 700,000.— , fully paid.
Purchase Price:/ 55,000.— (/ 30,000.— in cash, and/ 25,000.— in fully
paid shares) and 200 profit shares were paid for Tjondong, and
/ 30,000. — for Boemi Ajoe, purchased in August 1906.
Directors : A. van Minden (Chairman), C. Engeringh (Managing Direc-
tor), H. Bousquet, A. Clairouin, A. Osterrieth, P. Watel, and
H. Engeringh.
Registered Office: The Hague, Zeekant 99 (Scheveningen).
Office of Managing Director : Paris, 20 Eue Laffitte.
Estates: Tjondong I— IV (1788 bouws) and
Boemi Ajoe I— VI (2747 „ ).
Area : 4535 bouws = 7954 acres.
Situation: "West- Java, residency of Preanger Regentschappen, division
of Limbangan, district of Kandangwesi.
Tenure: The lands are held under 75 years' leases from the Nether-
land Indian Government, granted respectively in 1905, at an
annual rental of /I. — per bouw.
Cultivation: An area of 1575 bouws (2760 acres) is under cultivation
with approximately 595,000 Rubber trees, viz.: —
Hevea trees Ficus trees Planted
75,000 50,000 1906
210,000 85,000 1907
160,000 15,000 1908
445,000 150,000
Production: The Directors propose to commence tapping by the end
of 1191.
General Information: The allotment of profits has to take place as
follows: —
5 pCt. to a reservefund, until this has reached an amount
equal to 10 pCt. of the capital stock.
From the remainder:
5 „ dividend to shareholders and
10 „ to the Directors together ; and from the balance — after
deduction of an amount, to be fixed by the General
Meeting of Shareholders, to form an extra reserve-
fund : —
75 „ to shareholders and
25 „ to the holders of profit shares.
Financial year ends 31st December.
Annual Report issued about July.
Digitized by VjOOQ IC
252
THE TOERANGIE RUBBER COMPANY, LIMITED.
Founded: June 1910.
Capital: £100,000.— in £ 1.— shares.
Purchase Price: £8000.— (£1.- per acre), payable as to £4000.—
in cash, and £4000. — in fully paid shares.
Directors: Sir Hormusjee Mady (Chairman), W. Percy Pinckney
(Managing Director).
Registered Office: Hongkong (Victoria).
Estate: Toerangie.
Area: 8048 acres.
Situation : East-coast of Sumatra, division of Langkat, district of Upper-
Langkat, about 12 miles distant from a railway station.
Elevation averages 400 feet above sea-level.
Tenure: The land is held under 75 years* lease from the Sultan of
Langkat, ratified by the Ketherland Indian Government.
Cultivation: At the time of the foundation of the Company the land
was still undeveloped.
The directors intended to take the development in hand at
once, and to fell, clear, and plant with Para-rubber 400 acres
per annum.
In 1910 — 11 an area of 100 acres was planted with tobacco,
and it was proposed to plant 200 acres next year, in case the
results of the present planting will prove favourable.
Digitized by VjOOQ IC
253
TROESAN RUBBER ESTATE, LIMITED.
Founded: December 1910.
Capital: £ 100,000.— in £ 1.— shares.
Issued: £100,000.—, fully paid. (40,000 shares were issued in April 1911
at a premium of 5 s. per share).
Purchase Price: £45,000. — , partly in cash, partly in shares, for the
Troesan estate, and
£ 40,000. — , in cash, for a concession in Lingga (Isle
of St. Barbe), purchased in March 1911.
Directors: A. C. Hide (Chairman), H. F. V. Oldham, C. F. Hobson,
and C. S. Blackmore.
Secretary and OflBce : H. J. Dixon, Broad Street House, London, E.C.
Estates : Troesan 2660 acres, and the Island of Saint Barbe (3500 acres).
Total Area: 6160 acres.
Situation: The Troesan estate is situated in the division of Sambas,
Dutch West Borneo, and the Island of Saint Barbe, belongs to
the Lingga Biouw Archipelago, and is situated between Singapore
and Borneo.
Tenure: The Troesan estate is held under 75 years' lease from the
Sultan of Sambas, granted in 1910, at an annual rental of/ 1. —
per bouw, equal to about £ 126. — for the whole estate. The
concession at the Island of Saint Barbe comprises the whole
area of the island and was acquired for agricultural purposes
and for forest exploitation from the native self-government of
Lingga Riouw (under the Dutch Government) at a total rental
of /235. — per annum.
Cultivation: The vendor of the Troesan estate contracted that by the
end of November, 1911, the total of Hevea Rubber trees planted
on this estate should be 100.000 in such a manner as to satisfy
the Company's Agent.
On the Isle of StBarbe were planted in April, 1911, approxi-
mately 22,000 Cocoanut palms, ranging from l^/g to 3 years in age.
The Directors propose to cut down the valuable timber
on the island and to replace same by systematic planting of
Cocoanut trees. The felling and sawing of the timber could be
spread over a period of 6 years, by which time the ground
suitable for planting, viz. 2200 acres, should be covered with
about 176,000 Coconut trees.
The quantity of timber on the island is estimated in the
prospectus at 10,000 tons of Ballau and 15,000 tons of Ressak,
Digitized by
Google
254
Estimated Revenues: The prospectus contains the following estimate
of the revenue which the combined estates should produce
during the next 5 years: —
Timber from
Rubber
Cocoannts from
Saint Barbe.
from Troesan.
Saint Barbe.
£
£
per lb.
£
1911/12 . .
. . 10,000
450
(4/6)
—
1912/13 . .
. . 10,000
500
(4/-)
—
1913/14 . .
. . 10,000
1,162
(3/-)
—
1914/15 . .
. 10,000
6,781
(2/6)
—
1915/16 . .
. 6,000
10,950
(2/-)
5000
1916/17 . .
. . 3,555
12,375
(1/6)
6050
General Information: In order to comply with the laws of the
Kingdom of the Netherlands, the above concessions are held in
the name of a Dutch Company, the whole share capital of
which shares was acquired by the present Company.
Digitized by VjOOQ IC
255
UNITED SERDANG (SUMATRA) RUBBER PLANTATIONS,
LIMITED.
Founded: July 1907.
Capital: £200,000.— in shares of £1.— each.
Issued: £180,000. — , fully paid, of which 16,000 shares were issued in
September 1909, at a premium of £2. — per share.
Purchase Price: £ 106,000.— of which £71,000.— was paid in fully
paid shares, and £35,000. — , in cash, with the option to take
at par for 2 to 4 years, 30,000 of the inissued shares of the
Company.
Directors: A. Lampard (Chairman), C. E. Morrison, F. E. Savill,
A. M. G. de Guign^, and Geo Croll.
Secretaries and Offices : Harrisons & Crosfield, Ltd., 49/51 Eastcheap,
London, E.C.
Estates : Bepergang, Batoe Lokong, Namoe Rambei, and Naga Timboel.
Total Area: 11,282 acres.
Situation: East-coast of Sumatra, district of Serdang, about 2 miles
from the railway station at Sialang. The estates are some 30
miles distant by rail from the port of Belawan and are bounded
on the east and west by rivers.
Elevation averages 300 feet above sea-level.
Tenure : The estates are held under leases from the Sultan of Serdang,
ratified by the Netherland Indian Government having over 50
years still to run. The total rental is about £536. — per annum.
Cultivation: At the end of August 1910anareaof 7284 acres was under
cultivation and planted with:
^'icus trees.
Hevea trees.
12,725
—
planted
in 1900-01
3,000
—
»
„ 1901-02
6,000
—
a
„ 1902-03
8,000
10,345
a
„ 1903-04
12,500
259,000
»
„ 1905-6
—
418,430
a
„ 1907
—
311,838
»
„ 1908-10.
42,225 999,613
The Ficus trees, covering an area of 254 acres, are gradually
cut out and replaced by Hevea trees.
During the year 1909-10 only 34 acres were planted, but
the proposed additional clearings of 1100 acres were taken in
hand. At the end of August 1910 an area of 974 acres had
been felled and cleared, and 490 acres were ready for planting.
From August 1910 until 8th February 1911 an additional
1000 acres were planted with approximately 110,000 Hevea
Digitized by
Google
trees, making a total area of 8285 acres under cultiTation with
1,100,000 trees. (This includes part of the Ficus, which is being
cut out). The original program, to develop 8700 acres, will soon
be completed.
The Robusta Coffee plantations were extended in 1909-1910
with 1120 acres, so that on 31st August 1910 an area of 1817
acres was planted. Liberia Coffee has also been largely inter-
planted with the Rubber.
Production: The crop for the year 1909-1910 amounted to: —
67,828 lbs. of Rubber
3,160 piculs of Liberia Coffee.
The Rubber realised a net average of 6 s. 8Y3 d. per lb.,
and the Coffee of £2 19 s. 10 d. per picul.
During the year considerable addition was made to the number
of trees being tapped, these rising from 5638 in September
1909 to 74,094 in August 1910.
The estimates of Rubber crops for the next few years, revised
1st February 1911, are given as follows: —
1910-11 182,000 lbs.
1911-12 400,000 „
1912-13 800,000 „
the actual output up to April 1911 being 135,906 lbs., viz: —
1910 lbs.
September 11,866
October 12,684
November 14,931
December 18,257
1911 lbs.
January 22,324
February 19,705
March 18,427
April 17,712
Dividends etc: The following dividends have been paid for the years
ending 31st August: —
1908 5 pCt. £ 4985 carried forward
1909 5 „ „ 5662 „ „
1910 10 „ „ 9277 „
Financial year ends 31st August.
Annual Report issued in December.
Digitized by VjOOQ IC
257
UNITED SUMATRA RUBBER ESTATES, UMITED.
Founded: March 1908.
Capital: £85,000.— in shares of 2s. each.
Issued: £85,000.—, fully paid.
Purchase Price: £55,000.— (£30.000.— cash and £25,000.— in
fully paid shares).
Directors : K. F. Arbuthnot, P. E. Hervey, and J. W. S. Bourne-May.
Secretaries and Offices: M. P. Evans & Co., 30 Mincing Lane,
London, E.C.
Estate: Bangoen-poerba.
Area: 1780 bouws = 3121 acres.
Situation: East-coast of Sumatra, district of Serdang, close to the
Bangoen-poerba railway station.
Elevation: 300 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Sultan of
Serdang, ratified by the Netherland Indian Government. The
lease expires in June 1863. The annual rental amounts to /I. —
per bouw. *
Cultivation: An area of 1735 acres is under cultivation with Para
Rubber trees and Coffee. Particulars of the Para Rubber are
as follows: —
Old trees 59
Planted 1902-3 12,800
Dec. 1904 12,000
1905 35,650
1906 37,050
1907 58,270
1908 1,350
1909 4,500
161,679 Hevea trees.
The Para Rubber is mostly planted 20 by 20 feet through
the Coffee.
Production: The Rubber crops for the last years were: —
8,871 lbs. for 1908-9.
31,159 „ „ 1909-10.
The 1908-9 crop realised 5 s. 21/2 d. per lb., and the 1909-10
crop 7 s. 9 d. per lb. net.
The estimate for 1910-11 is 60,000 lbs. of Rubber, and 2500
17
Digitized by
Google
258
piculs of Coffee, and the actual Rubber output was:—
1910. lbs.
July 3710
August 4630
September . • • 4850
October . • • . 4469
November . . . 5200
December . . . 9300
1911.
January .... 7000
February . . . 5000
March 8800
April 8000
May 8600
69,559 lbs.
The Coffee crop for 11 mouths in 1910-11 amounted to
3094 cwts.
Dividends: The following dividends have been paid: —
10 pCt. for 1908-9, and £ 1,186 carried forward.
20 „ „ 1909-10 „ ,,3,305
Reservefund consists of £5,000.—.
Financial year ends 30th June. .
Annual Report issued in September.
Digitized by VjOOQ IC
259
CULTUUR MAATSCHAPPIJ
"DE VEREENIGDE RUBBERLANDEN."
Founded: September 1910.
Capital: / 800,000.— in shares of /lOOO.— each.
Issued: / 203,000.— .
Purchase Price: / 200,000. — in fully paid shares.
Managing Director: J. J. W. van Bennekom.
Memt>ers of the Board: E. H. H. van Bennekom, H. Noordhoek
Hegt, and H. E. Prins.
Registered Office: The Hague.
Estate: Fasir Soeren.
Area: 272 bouws s=s 476 acres.
Situation: West-Java, residency of Freanger Begentschappen, division
of Soekaboemi, district of Plaboean.
Tenure: The land is held under 75 years' lease from the Netherland
Indian Government, granted in May 1898, at an annual
rental of /I. — per bouw.
Cultivation: The land is destined for the cultivation of Bubber.
General Information: The allotment of profits has to take place as
follows : —
6 pCt. dividend to shareholders.
From the remainder: —
10 „ to the Managing Director.
.10 „ to the Members of the Board.
10 „ to a reservefund — until this has reached an amount
equal to 50 pCt. of the capital stock — and
70 „ to shareholders.
Financial year ends 31st December.
Annual Report issued about July.
Digitized by VjOOQ IC
260
THE WAMPOE TOBACCO AND RUBBER ESTATES,
LIMITED.
Founded: July 1910.
Capital: £ 200,000.—, in £ 1.— shares.
Issued: The first issue will be £150,000.—.
(A prospectus has not yet been issued, but this will be done
in the near future).
Directors : Arthur Lampard, George CroU, C. E. Morrison and J. B. Gray*
Secretaries and Offices: Harrisons k Crosfield, Ltd., Ceylon House,
49 — 51 Eastcheap, London, E.C. (until the completion of new
premises in Great Tower Street).
Estate: Wampoe (Batoe Mandi).
Area: About 5000 bouws = 8750 acres.
Situation: East-coast of Sumatra, division of Upper-Langkat, district
of Langkat, distant about 4 miles from the Selesseh railway
station on the line to Medan and the port of Belawan.
Elevation averages 100 feet above sea-level.
Tenure: The land is held under lease from the Sultan of Langkat,
ratified by the Netherland Indian Government, expiring in
February 1963. The annual rental amounts to /I. — perbouw,
equal to about 11 7s d* P^^ acre.
Cultivation: The opening of 500 acres under Para-rubber has already
been begun, and it is anticipated that a further 1000 acres in
Para Rrubber will be opened in 1912 and 1913.
Tobacco has been grown on the estate for many years. There
are 316 fields of about 1^4 acres under cultivation for the 1911
crop, and it is intended to increase this tobacco acreage to
350 fields in 1912, and from 1913 onwards the tobacco cultiva-
tion will be 400 fields.
Production : The 1910 crop is approximately — Amsterdam net weights —
245,000 half Kilos tobacco. The 1911 figures are yet not
known, but it is anticipated that there will be considerable
improvement in both, quantity and quality.
Financial year ends 31st October.
Digitized by VjOOQ IC
261
CULTUUR MAATSCHAPPIJ "WARINQIN."
Founded: October 1909.
Capital: / 500,000.— in 20,000 shares of /25.— each.
Issued: / 340,000.— in 13,600 fully paid shares of /25.— each.
Purchase Price: /1 90,000. — in fully paid shares.
Directors: J. C. Bunge, M. S. Parry, N. Arnold, W. Friling, E. H.
Winkelman, E. A. Zeilinga, and S. W. Zeverijn.
Registered Office: Amsterdam, Keizersgracht 103.
Secretary and Branch Office: F. Maus, 21 Rue Arenberg.
Agents in Java : Messr^ Tiedeman van Kerchem, Batavia.
Estates: Pasir Waringin I and II, 837 bouws.
Langensari I, II and III, 1114 „
Total Area: 1951 bouws = 3420 acres.
Situation : West-Java, residency of Bantam. The Pasir Waringin estates
are situated in the division of Tjaringin, district of Menes, and
the Langensari estates in the division of Pandeglang, district
of Menes.
Elevation averages 100 feet above sea-level.
Tenure : The lands are held under 75 years' leases from the Netherland
Indian Government, granted respectively in November 1907 and
August 1909, at an annual rental of /I — per bouw.
Cultivation: At the 31st December 1910 an area of 509 bouws (about
900 acres) was under Para Rubber as follows: —
27 bouws, 3 years old
46 „ 23/
1* ,
» -» 7* »
, 2V2 „
12 ,
, 21/4 „
127 ,
. 2 „
207 ,
. IV2 ,.
76 ,
. IV4 ..
509 bouws.
About 400 bouws of the Para Rubber is interplanted with
approximately 288,000 Robusta CoflTee bushes, 1 year old.
Production: For 1911 a yield is expected of 13,385 lbs. of Rubber,
and 8700 Kilos of Robusta Coffee.
Tapping commenced in May 1911.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. dividend to shareholders. And from the balance: —
10 „ to a reservefund.
13 „ to the Board of Directors.
2 „ to the Java- agents.
75 „ to shareholders.
Financial year ends 31st May.
Annual Report issued about October.
Digitized by VjOOQ IC
262
WAVERLEY RUBBER AND PRODUCE ESTATES OF JAVA,
LIMITED.
Founded: May 1910.
Capital: £100,000,— in shares of £1.— each.
Issued: £80,000.—, fully paid.
Purchase Price: £57,000. — cash, and the option to take at par for
5 years the unissued 20,000 shares, such call to be exercised
as to one-fifth on December 31st in each year, commencing
December 31st 1911.
Directors : T. Carrit, C. F. Deane-Drake, R. B. Huxham, and W. A.
Pethick.
Secretary and Offices : G. Thomson, 65 London Wall, London, E.C.
Estates: Boemi-ajoe, Soember Nongko I, II and III, Djenggolo I,
Soember Petoeng (Djenggolo II).
Total Area: 2593 acres.
Situation: East-Java, residency of Pasoeroean, division of Malang,
district of Senggoro, on the river Brantas, distant about 2 mUes
from a railway station.
Elevation varies from 1400 to 2000 feet above sea-level.
Tenure: The lands are held on 75 years' leases from the Netherland
Indian Government, granted between the years 1876 and 1893,
at an annual rental of /i. — per bouw (£412. — per annum.
Cultivation: The whole estate is practically under cultivation. In May
1911 the plantations consisted of: —
11,304 Hevea trees, from 4 to 6 years old.
20,000
»
}}
» 2 „
3 „
1,991
Ficus trees.
10 to 12
years old.
772
»
91
4 „ 7
» »
7,147
«
»
3
»> »>
13,805
99
»
1 „ 2
» n
7,163 CastiUoa
99
10 „ 13
» »
3,450
)>
)}
7
M »
1,400
»
«
6
« »>
1,852
))
»
4 „ 5
» »
8,298
»
>»
3
)) »
11,661
»
»
1 „ 2
» »
25,000
99
19
newly planted.
Total 113,833 Rubber trees.
168,000 Robusta Coffee trees.
120,000 Liberia „ „ , in bearing.
1,300,000 Java „ „ , „ „
239,850 Cacao trees,
64,000 Pepper vines, in bearing,
besides some small plantations of coca, Capoc, Nutmegs and Spices.
Digitized by
Google
263
Production: The 1910 crop was estimated at: —
5875 lbs. of Rubber.
600 piculs of Coffee.
700 „ „ Cacao.
300 „ „ Pepper.
40 „ „ Coca.
The estimated yields for 1911 and 1912 are:—
1911 1912
Rubber 8750 lbs. 12,500 lbs.
Coffee 1000 piculs. 800 piculs.
Cacao 1200 „ 1500 „
Pepper 50 „ 400 „
Coca 45 „ ^^5 „
And further estimates of rubber crops were made as follows : —
1913. ..;... 25,000 lbs.
1914 50,000 „
1915 • . 100,000 „
General Information: In order to comply with the Dutch law, the
estates continue to be held in the name of the Dutch vendor
Company, "De Malangsche Cultuur Maatschappij," registered
in Amsterdam in 1887, with a capital of / 100,000. — in shares
of /lOOO. — , the whole of which was acquired by the present
Company.
Digitized by VjOOQ IC
264
WAYH ALIM (SUMATRA) RUBBER AND COFFEE ESTATES,
LIMITED.
Founded: April 1910.
Capital : £ 120,000.— in 2 s. shares.
Issued: £110,000.—, fully paid.
Purchase Price: £ 75.000.— (£ 50,000.— cash and £25,000.— in fully
paid shares) with the option for two years to take at par the
100,000 unissued shares.
Directors : A. G. Angier, E. Bedford, P. J. Burgess, and A. Stalmann.
Secretary and Offices: J. Berry, 6 Broad Street Place, London, E.C.
Estates: Way Hiri, Way Halim, Way Halim A, and Way KandLs.
Total Area: 3211 bouws = 5600 acres.
Situation: South-Sumatra, residency of " Lampongsche Districten/'
division of Telok Betong, at half-an-hour's distance from the
harbour of Telok Betong, with which the estates are connected
by a well-maintained road. The passage from Telok Betong to
Batavia takes about ten hours, and there are steamers every
other day.
Elevation: about 400 feet above sea-level.
Tenure : The lands are held on 75 years' leases direct from the Nether-
land Indian Government, granted between the years 1901-1909,
at an annual rental of /I. — per bouw (about £ 267. — ).
Cultivation: The plantations comprise: —
24,000 Ficus trees.
78,300 Hevea „
145,000 Liberia Coffee trees, in full bearing.
100,000 „ „ „ planted 1908/9.
100,000 „ „ „ „ 1910/11.
101,000 Robusta „ „ „ 1910/11.
Details of the Rubber trees are: —
Planted. Hevea trees. Ficus trees.
1903 — 5,000
1904 — 5,000
1906 — 10,000
1909 33,500 4,000
1910 20,000 —
1910/11 24,800 —
Total . . . 78,300 24,000
Digitized by VjOOQ IC
265
The Rubber is iaterplanted with the Coffee, the Ficus trees
at a distance of 26 X 26 feet in the oldest Liberia plantings
(13 X 13 feet), and the Kevea trees at 18 X 18 feet among
the Liberia, planted 9X9 feet.
The Directors propose to extend the planting of Hevea rubber,
interplanted with Robusta coffee.
Production: The 1910 — 11 crop consisted of: —
2,840 lbs. of Ficus Rubber (to 1st Oct. 1910) and
96,000 „ of Liberia Coffee (to 12th Jan. 1911).
The estimates for following years are: —
Rubber. Coffee,
lbs. piculs.
1911 28,000 1450
1912 47,500 2000
1913 72,500 2550
1914 100,000 3300
General Information: In order to comply with the Dutch law, the
estates are held in the name of a Dutch Company, the whole
share capital of which was acquired by the present Company.
Financial year ends 31st March.
Digitized by VjOOQ IC
266
WEST-BORNEO CULTUUR MAATSCHAPPO.
Founded: August 1910.
Capital: / 2,000,000.— in 2000 shares of /lOOO.— each (and 20 profit
shares).
Issued: / 1,500,000.— , fully paid.
Purchase Price: / 860,000. — , payable as to / 50,000 in cash, and
/ 800,000 in fully paid shares.
Members of the Board: J. B. van Musschenbroek, A. A. J. H.
van der Toorn, C. Cleveland Harington, A. van der Schuyt
and J. J, W. H. van der Toorn.
Managing Director: Th. A. de Neve.
Registered Office: The Hague.
Estate: Soengei Tapang.
Total Area: 3000 hectares = 4225 bouws = 7400 acres.
Situation: Dutch West-Borneo, residency of Sintang, on the right bank
of the Melawi tributary-river of the Eapoeas stream and about
2 hours distant from the town of Sintang. The Kapoeas and
Melawi-river are navigable from the port of Pontianak to the
estate. As a regular service is maintained by Chinese steamers,
freights are low.
Elevation varies from 165 to 230 feet above sea-level.
Rain£pill: The recorded annual rainfall shows an average of 146 inches.
Soil: Upper layer one to three feet humus, middle layer yellow clay
with sand, bottom layer yellow clay.
Tenure: The lands are held under 75 years' lease from the Native
Ruler of Sintang, at an annual rental of /0.20 per hectare
for the first year, /0.40 for the second year and in this
proportion increasing until /I. — per hectare (about 8 d. per
acre) in the fifth and following years.
Cultivation: The plantations comprise: —
15,000 Hevea trees, planted 1907/8.
5,000 „ „ „ 1909.
20,000 „ „ „ 1910.
40,000 Hevea trees.
1000 Cocoanut trees, planted 1907.
500 „ „ „ 1908.
1500 Coooanut trees.
Digitized by VjOOQ IC
267
The nurseries contained: —
40,000 Hevea stumps, 1 year old.
100,000 „ „ 6 months old,
6,000 Ficus „ 6 „ „
500 Cocoa stumps.
It is intended to extend the Hevea plantations up to 450,000
trees, and to make a trial with te planting of Tobacco.
Labour: Dajaks from the Upper Kapoeas are employed for clearing
work and Javanese for the field work. Sufficient coelies of both
races are available.
Production: The prospectus gives the following estimate: —
in 1911 will be tappable 15,000 trees.
„ 1913 „ „ „ 20,000 „
„ 1914 „ „ „ 40,000 „
„ 1915 „ „ „ 150,000 „
after which year this number will steadily increase.
The first Tobacco crop may be expected about 1912 or 1913.
General Information: The allotment of profits has to take place as
follows : —
6 pCt. to shareholders.
From the remainder: —
10 „ to reservefund, until this has reached an
amount equal to half of the issued capital.
5 „ to each Managing Director.
9 „ to the Members of the Board together.
10 „ to estate-Manager and staff in Java.
6 „ to holders of profit shares.
65 to 70 pCt. to shareholders.
Financial year ends 31st December.
Annual Report issued before 31st July.
Digitized by VjOOQ IC
Digitized byCjOOQlC
APPENDIX.
Digitized by VjOOQ IC
Digitized by VjOOQ IC
271
ANGLO -JAVA ESTATE, LIMITED
Founded: 1910.
Capital: about / 3,000,000.— (£ 250,000.—).
Issued: about / 2,700,000.— (£ 225,000.— )•
General Managers and Offices: J. A. Wattee & Co., Shanghai.
Estates:
Limburg
. 1112 bouws.
Tanahwangeie Sawafin
. 739 „
Barek 1 and II . . .
. . 608
9
Soember Redjo Lor .
. . 229
n
„ Kidoel .
. 416 ,
f
Koetoengan
, . 33
*9
Djarangan Boro I and
II 834
If
Kedjepit
. . 186
}i
Total Area: 4157 bouws = 7290 acres.
Situation: East-Java. The estates Djarangan Boro and Kedjepit are
situate in the residency of Kediri, division of Blitar, district
of Wlingi, on the southern slope of Mount Kawi, about 11 miles
from the Wlingi railway-station; the other estates form one
adjoining plot in the residency of Pasoeroean, division of Malang,
district of Gondanglegi, distant about 3 mUe^ from the railway
station at Qondanglegi.
Elevation varies from 950 to 2000 feet above sealevel.
Tenure : The lands are held under 75 years' Qovemment leases, granted
between the years 1875 and 1904. The annual rental varies
from /2,10 to /5. — per bouw.
Cultivation: The lands were take over as going concerns. About 3650
bouws were already under cultivation with Java, Liberia, and
Robusta Coffee, Rubber, Pepper, Cacao, Coconuts, nutmegs and
other crops.
Production: The production, in piculs, of the main crops for the last
years was as follows: —
Coffee
Java. J., . Robusta. Pepper, Cacao.
1905 6500 4183 ' — 646 260
1906 5558 2020 — 1855 500
1907 1386 2344 — 560 1400
1908 4250 1960 — 719 1880
1909 2045 2642 106 485 1670
Digitized by VjOOQ IC
272
The 1910 yield was estimated at:-
560
piculs Java Coffee
3000
))
Liberia „
210
n
Robusta „
2000
»>
Hemp, and
15
))
Rubber.
for
the
three months,
Nov.,
The output for the three months, Nov., Dec. 1910, and
January 1911, was: —
669 piculs Coffee
1081 „ Cacao
200 „ Hemp
732 lbs. Rubber.
General Information: In order to comply with the Dutch law the
estates have been vested in a Dutch Company, called "Naam*
looze Yennootschap Limburg Landen,'' registered in Sourabaya,,
with a capital of / 2,500,000.— in 250 shares of / 10,000—
each, the whole of which is owned by the present Campany.
Financial year ends 31st December.
Digitized by VjOOQ IC
273
EXPLOITATIE MAATSCHAPPIJ "BINTAN PLANTATIONS."
Founded: March 1911.
Capital: $200,000.— in shares of 1 10.— each. ^
Directors: F. E. Jago, and W. Dunman.
Registered Office: Bintan (Island of the Biouw Archipelago).
Financial year ends 31st December.
Object of the Company is to plant rubber trees upon an estate on the
island of Bintan.
LANDBOUWMAATSCHAPPIJ «BOEKIT PAJONG.'
Founded: 1911.
Capital: / 100,000.— in shares of /lOO.— each.
Issued: / 48,000.— .
Directors: P. Sandel (Managing), and A. Glaser.
Registered Office: Medan (Deli).
Estate: Boekit Pajong.
Area: 1000 hectares = 1410 bouws = 2470 acres.
Situation: East-Coast of Sumatra, district of Langkat.
Tenure: The land is held under long lease from the Sultan of Lankat,
ratified by the Netherland Indian Government.
Cultivation: The main object is the growing of rubber.
Financial year ends 31st December.
18
Digiti:
zQd by Google
274
EXPLOITATIE MAATSCHAPPIJ DJAPOERA.
Founded: April 1910.
Capital: $600,000.— in 60 shares of $10,000.—.
Issued: $600,000.— (12 shares fully paid, and 48 shares 20pGt. paid.)
Directors : J. U. Hafner, A. H. H. C. Diehn, and W. Ebenhaezer van.
Rijnberk, all of Singapore.
Registered Office: Tandjong Penang.
Estate: Gading (Djapoera).
Area: 4000 bouws.
Situation: Riouw- Archipelago, district of Indragiri.
Elevation averages 50 feet above sea-level.
Tenure: The lease has still to run till November 1966.
Cultivation: At the end of 1907 were planted: —
400 bouws with Hevea trees
450 „ „ gambir
850 bouws.
An additional 310 „ were planted during 1908.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to a reservefund, until this has reached an amount of
/ 50,000.— .
And from the balance:
^Vs n ^ ^^^ Managing Director
97^2 » to shareholders.
Financial year ends 31ste December.
naamlooze vennootschap
soci6t6 de culture et de commerce
franco sumatra.
Founded: January 1911.
Capital: / 30,000.— in shares of /lOO.— each (and 50 profit shares).
Directors: F. H. Louchin (Managing), D. van Merkestijn, and A. A.
G. E. van Polanen Petel.
Object: The company was formed with the object of working rubber
estates in the Netherland East Indies.
Registered Office: Batavia.
Digitized by
Google
275
INDO-JAVA RUBBER PLANTING AND TRADING
COMPANY, LIMITED.
Founded: September 1907.
Capital: / 1,200,000.— in 100 shares of / 12,000.— .
Issued: / 1,200,000. — , of which 10 pCt. was paid on allotment
Pounders : Wallace & Co. (Bombay), and The Bombay, Burmah Trading
Corporation, Ltd. (Rangoon).
General Manager: C. C. L. Fitz williams ; assistantmanager: W.Price;
proxy: H. J. Bergvelt.
Superintendent: R. N. G. Bingley.
Registered Office: Sourabaya.
Estates: Pasir Tjanggah, Goenoeng Darmah, Igerbeling, one plot of
460 bouws; Tjipari, 337 bouws, and Tjiseroe I, 11 and III,
1141 bouws.
Total Area: 1938 bouws = 3400 acres.
Situation: Mid-Java, residency of Banjoemas, divisioQ of Tjilatjap,
district of Pagadingan.
Tenure: The lands are held under 75 years' government leases, granted
between the years 1899 and 1909.
Cultivation: The Company was formed with the object o growing
Hevea Rubber on the estates,
Financial year ends 31st May.
Annual Report issued before the end of December.
Digitized by VjOOQ IC
276
JAVA CONSOLIDATED RUBBER AND COFFEE ESTATES,
LIMITED.
Founded: 1909.
Capital: about / 1,020,000.— (£85,000.—).
Issued: about / 840,000.— (£70,000.—).
Registered Office: Shanghai.
Estates: Soember Mas and Kiakah-Baroe, two adjoining plots of 820
bouws, and Kali Padang, 486 bouws.
Total Area: 1306 bouws = 2485 acres.
Situation: East- Java, residency of Pasoeroean, division of Malang
district of Toeren, distant respectively about 11 and 2 miles
from the tramway station at Dampit.
Elevation varies from 1500 to 2250 feet above sea- level.
Tenure : The lands are held under 75 years' Government leases, granted
between the years 1881 and 1891 at an annual rental of/ 8.35
per bouw for the estate Kali Padang, and / 1.50 per bouw for
the estates Soember Mas and Klakah Baroe.
Cultivation: At the end of 1909 an area of 750 bouws was under
Hevea Rubber and Robusta Coflfee and 50 bouws were ready
for planting.
There are also large Coffee plantations, and a number of
Castilloa trees.
Production: The rubber crop for 1910 was estimated at 7000 lbs. of
castilloa-rubber.
General Information: In order to comply with the Dutch law the
estates have been vested in a Dutch Company, called " Cultuur
Maatschappij Soember Mas Kali-Padang," registered in Bata via
in November 1909, with a capital of / 600,000. — in shares of
/ 1000. — each, the whole of which was acquired by the present
Company.
Financial year ends 31st December.
Digitized by VjOOQ IC
277
KARIMON RUBBER MAATSCHAPPIJ.
Founded: August 1910.
Capital; / 1,000,000.— , in 500 shares of /2000.— each.
Issued: /1, 000,000. — , of which 20 pCt. was paid on allotment.
Directors : John. L. Elliot, of New York (Managing), A. Hilckes, of
Banjermasin, and J. P. Boissevain, of Batavia.
Registered Office : Tandjong Balei (island of Karimon, Kiou w Archipelago).
Object: The Company was formed with the object of growing rubber
trees on a concession on the island of Karimon, obtained from
the Sultan of Riouw, under sanction of the Netherland Indian
Government, and especially of collecting and manufacturing
rubber from "dyera" trees.
General Information: In connection with the establishment of the
present Company, it may be of interest to know, that Mr. Elliot,
who is holding 498 of the 500 shares in the " Karimon Rubber
Maatschappij " is the President of the Malaysian Rubber Co., Ltd.
incorporated June 18, 1909, under the laws of New Yersey,
with $ 3,000,000. — capital authorized, and is the Managing
Director of the United Malaysian Rubber Company, Ltd.,
registered in London, April 26th, 1910, with a stated capital
of £ 2,000,000. — which latter Company has been formed princi-
pally for the purpose of acquiring the stock of the American
Company.
The Malaysian Rubber Company owns a process for the
treatment of gutta-jelutong (Pontianak-gum), with a view to
producing a high grade rubber, by means of a new method of
coagulation of the latex, and the refining of the crude product
by a new process which involves the extraction of merchantable
resin and all surplus water.
The Malaysian Company has established a factory at Goebilt,
in the British protectorate of Sarawak, in the western part of
Borneo, where the new processes are being operated on a large
commercial scale.
The official monthly government report of the "Resident"
of Riouw, June, 1910, stated that a similar factory was being
erected on the island of Karimon. According to a report published
in the „ India Rubber Journal" of November 28, 1910, the
output of this plant is to be 30,000 lbs. of Rubber per day.
Digitized by
Google
278
The United Malayaaan Company, is also largely interested in
the " Nederlandsch Indische Bosch producten Maatschappij/' a
Dutch Company, registered in Amsterdam in May 1909, with
a nominal capital of /1, 000,000. — , formed with the object
of collecting gatta-jelutung in Borneo.
The Directors of the Malaysian Rubber Co., Ltd, are as
follows, the board including three Americans, who hold a similar
relation to the Malaysian Rubber Co.: —
Sir P. F. Gunynghame, Badgeworth, near Cheltenham, Chairman,
C. Vanderbilt, New York, R. Goelet, New York, H. M.
Kersey, Londen, Marquis de Charnage, Paris, M. C. Hale,
London, John L. Elliot, New York.
Financial year ends 31st December.
NAAMLOOZE VENNOOTSCHAP
RUBBERONDERNEMINQ «KARANGPLOSSO. "
Founded: March 1911.
Capital: / 120,000.— in shares of /lOOO.— .
Issued: / 60,000.— , fully paid.
Directors: J. L. P. M, Elarthaus (Managing) and P. J. Kerkkamp.
Registered Office: Malang (Java).
Estate comprises 200 bouws &» 350 acres.
Financial year ends 31st December.
Digitized by VjOOQ IC
279
EXPLOITATIE MAATSCHAPPIJ KEF ALA DJERAI.
Founded: July 1910.
Capital: / 500,000.— in 100,000 shares of /5.— .
Directors: Kennet Arthur Stevens, Michel Speelman (Shanghai), W.
Meyer (Singapore).
Registered Office: Tandjong-Pinang (Riouw).
Estate: Kepala Djerai.
Area: About 3000 bouws.
Situation: Riouw Archipelago, division of Tandjong-Pinang.
Tenure: The lease expires in 1980.
Cuitivation: Rubber and cononuts are grown on the estate.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to reservefund, until this fund has reached an amount
of / 50,000.— ;
and from the remainder.
2 Va « to tbe Managing Director ;
97^2 „ to shareholders.
Financial year ends 31st December.
Digitized by VjOOQ IC
280
KROEWOEK JAVA PLANTATIONS, LIMITED.
Founded: 1909.
Capital: £70,000.—.
Issued: £50,000.—.
Directors: W. Beaufort Clayton (and others).
Registered Office: Shanghai.
Estates: Kroewoek 505 bouws.
Rotoredjo 554 „
Total Area: 1059 bouws = 1810 aci-es.
Situation: East- Java, residency of Kediri, division of Blitar, district
of Gandoesari, on the Southern slope of mount Kloet, distant
about 5 miles from the Taloon railway-station.
Elevation varies from 1000 to 2800 feet above sea-level.
Tenure: The lands are held under 75 years' Government leases from
the Netherland Indian Government, granted between the years
1879 and 1894. The annual rental amounts to/ 5. — perbouw.
Cultivation: At the end of 1908 an area of 750 bouws was under
cultivation with Rubber, Java-, Liberia-, Hy bride- and Robusta
Coffee, Cacao and Coca.
Production: The 1910 crop was estimated at: —
800 piculs Java Coffee.
300 „ Liberia „
50 „ Robusta „
300 „ Hybride „
1450 piculs Coffee.
General Information: In order to comply with the Dutch law, the
estates have been vested in a Company, called "Kroewoek
Estates, Ltd.," registered in Batavia, with a capital of
/ 600,000.— in shares of / 1000.— each, the whole of which
was acquired by the present Company.
Financial year ends 31st December.
Digitized by VjOOQ IC
281
LANDAK CAOUTCHOUC PLANTAGEN MAATSCHAPPIJ.
Founded: April 1910.
Capital: / 300,000.— in 60 shares of /5000.— each.
Directors : W. E. van Rijnberk, H. Winkelmann, and G. G. M. Keule-
lemans, all of Singapore.
Registered Office: Batavia.
Object: The Company was formed with the object of working Rubber-
plantations in the Netherland East-Indies, especially in the
division of Landak, Dutch West-Borneo.
Financial year ends 31st December.
ACTIEBOLAGET
LIMAU MANIS KAUTSCHUK PLANTAGE.
Formed in Sweden.
Capital: Kr. 600,000.—, of which 265,000 Kronen were issued in 1907.
Estate: Limau Manis (Soengei Ringan Ringen).
Area: 1270 hectares = 1790 bouws =» 3140 acres.
Situation: East-coast of Sumatra, division of Batoe Bahra, distant
about 30 miles from the port of Tandjong Tiram. The nearest
railway station is Tebing Tinggi.
Tenure : The land is held under lease from the Sultan of the district,
ratified by the Netherland Indian Government, at an annual
rental of /1.50 per hectare.
The lease expires in February 2030.
Cultivation: At the end of 1909 the plantations comprised: —
200 bouws Para Rubber.
200 „ Coffee.
400 bouws (700 acres).
Tobacco is also largely grown on the estate.
Digitized by VjOOQ IC
282
NAAMLOOZE VENNOOTSCHAP THEE- ENRUBBER
SYNDICAAT MAROCCO.
Founded: January 1911.
Capital: / 28,000.— in shares of /lOO.— .
Directors: H. P. van Alphen (Managing), and P. Yellema.
Registered Office: Bandoeng (Java).
CULTUUR MAATSCHAPPIJ MONTAJA.
Founded: February 1911.
Capital: / 300,000.— in shares of /lOO.— each.
Issued : / 100,000.—, fully paid.
Purchase Price: / 50,000. — in fully paid shares.
Managing Director: E. Helfferich.
Members of the Board: E. A. Zeilinga Azn., and Messrs. Behn
Meyer & Co., Ltd. (Singapore).
Registered Office: Batavia, with branch office in Hamburg.
Estates: Montaja I-III.
Situation: West-Java, residency of "PreangerRegentschappen", division
of Bandoeng, district of Rongga.
General Information: The Straits and Sunda Syndicate at Hamburg
has the option to take at par under certain conditions the
unissued 2000 shares.
Cultivation: Rubber, Tea, and other Crops will be grown on the estates.
Financial year ends 31st December.
Annual Report issued before the end of August.
Digitized by VjOOQ IC
283
EXPLOITATIE MAATSCHAPPIJ POELAU BOELAN.
Founded: March 1910.
Capital: / 1,000,000.— in shares of /lOOO.— each, all issued.
Directors: A. Diehn (Tandjong Finang), W. Ebenhaezer van RijnbenL
(Singapore) and W. R. Rowland (Singapore).
Estate comprises the Eastern division of the island of Boelan.
Situation: Riouw Archipelago, division of Tandjong Pinang.
Tenure : The land is held under lease from the Sultan of Lingga-Riouw
ratified by the Netherland Indian Qovemmeilt in May 1909
Cultivation: It was proposed to grow Rubber and other produce.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to a reservefund, until this has reached an amount
of / 100,000.— .
90 „ to shareholders.
Financial year ends 31st December.
PREANQER QAVA) RUBBER COMPANY, LIMITED,
Founded: October 1910.
Capital: £50,000.— in £ 1.— shares.
Directors: R. M. Stephenson, Capt. the Hon. R. Coke, the Hon. E.
Coke, H. R. Stephenson, the Hon. G. Legge, Capt. A. E.
Maxwell, and R. Hoffman.
Secretaries and Offices: Collyer-Bristow, Curtis & Co., 4 Bedford
Row, London, W.C.
Object: The Company was formed with the object of taking over
business and property of the Lai Sang Rubber Co., Ltd. (in
liquidation), registered in London on September 3d, 1908,
including certain shares and interests in the Tjikantjoeng
Rubber Estate Co., Ltd. (registered in Java), and in the South
Preanger Syndicate, and to carry on the business of Rubber
and general planters and merchants.
Digitized by CjOOQ IC
284
SAMBAS RUBBER AND GUTTA PERCHA COMPANY,
LIMITED.
Founded: September 1907.
Capital: £160,000.— in shares of £ 1.— each.
Issued: £115,000.— (60,000 shares to vendors, and 55,000 shares to-
subscribers).
Purchase Price: £75,000.— (£60,000.— in fully paid shares, and
£ 15,000.— cash).
Directors : J. E. A. Dick-Lauder, A. Thompsen, E. G. Money, and E.
de Val.
Offices: 3-4, Fenchurch Street, London, E.C.
Estates : Siloewas I-X V, 15 plots of land of 5000 bouws each, Kartiasa
(16 hectares).
Area: 75,000 hectares = 131,250 acres.
Situation : Dutch West-Borneo, district of Sambas, on the Sambas river.
Tenure: The estates are held under leases from the Sultan of Sambas,
ratified by the Netherland Indian Government.
Cultivation: At the time of the foundation of the Company 1400 acres
were cleared and 800 acres planted with about 64,000 Rubber
and Getah pertjah trees, viz.: —
Hevea trees.
Ficus trees.
Getah trees.
Planted,
4,830
4,830
11,660
1903
4,830
4,830
11,670
1904
4,840
4,840
11,670
1905
14,500 14,500 35,000
It was estimated that there are approximately 2,000,000 wild
Ficus trees through the forest, of which 200,000 should be
tappable at that time.
It was proposed to have the Para Rubber plantations largely
extended.
General Information: In order to comply with the Dutch law, the
lands continue to be held in the name of the Dutch vendor
Company : Cultuur- en Handel Maatschappij Siloewas, registered
in Amsterdam in 1903, with a capital of / 600,000.— , all he
shares of which are owned by the present Company. This
Company is now being wound up.
Digitized by VjOOQ IC
285
SANGGAU (WEST-BORNEO) RUBBER CULTUUR
MAATSCHAPPIJ.
Founded: June 1910.
Capital: / 140,000.— in 14 shares of / 10,000.— each.
Issued : / 100,000.—.
Purchase Price: / 80,000. — in fully paid shares.
Directors: J. E. H. G. David (Pontianak), M. H. Hilckes (Singapore).
Registered Office: Pontianak (Dutch West-Borneo).
Object: Growing of Rubber trees on a plot of land in the residency
of Pontianak, division of Sanggau, situated on the Soengei
Sekajam river.
Financial year ends 31st December.
CULTUUR MAATSCHAPPIJ "SAPIRI."
Founded: January 1911.
Capital: / 600,000.— in shares of /lOOO.— each.
Issued: / 120,000.— .
Founders: D. van Eijk, and Ch. J. van Eijk.
Registered Office: Amsterdam.
Object : The Company was formed with the object of working estates in
the Netherland Bast Indies, and especially of growing Rubber.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to a reservefund, until this has reached an amount
equal to 25 pCt. of the paid-up capital.
From the remainder: —
6 „ dividend to shareholders.
And from the balance: —
15 „ to the Managing Director and Superintendent together
15 „ to the Members of the Board.
7o » to shareholders.
Financial year ends 31st December.
Annual Report issued before July.
Digitized by VjOOQ IC
286
sociM:tM: agricole fran^aise des preangers.
Founded: August 1910.
Capital : / 150,000.— in 60 shares of / 2500.— each, and 150 profit shares.
Issued: / 15,000.— .
Directors: L. S. M. Arrault (Paris), and H. M. J. G. A. Hollande
(Bandoeng).
Registered Office in Java, with branch office in Paris.
Object of the Company is to work rubber-, coffee- and tea-estates in the
Preanger Regencies.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to European staff in Java,
from the remainder: —
5 „ to a reservefund.
6 „ to shareholders (cumulative).
And from the balance: —
85 „ to shareholders,
15 „ to holders of profit shares.
Financial year ends 31st December.
Digitized by
Google
287
CULTUUR MAATSCHAPPIJ "SOENGEI LANGKAH.'
Founded: March 1911.
Capital: / 250,000.— in 2500 shares of /lOO.— each.
Issued: / 50,000.— .
Purchase Price: / 23,000.— in fully paid shares.
Managing Director: E. Helfferich, Batavia.
Members of the Board: A. E. Paulmann (Tandjong Karang), E. A.
Zeilinga (Batavia), Behn Meyer & Co. (Singapore).
Registered Office: Batavia, with branch office at Hamburg.
Estate: Soengei Langkah.
Area: 1700 bouws == 2975 acres.
Situation: South-Sumatra, residency of " Lampongsche Districten,"
division of Telok Betong, distant about 12 miles from the port of
Telok Betong.
Elevation averages 450 feet above sea-level.
Tenure: The land is held under 75 years' lease from the Netherland
Indian Government, granted in September 1899, at a rental of
/1 700. — per annum.
Cultivation: The main object is the growing of Rubber. Up to the
present. Tobacco has been cultivated by the vendor.
General Information: The "Straits and Sunda Syndicate" at Hamburg
has the option under certain conditions, to take at par the
unissued 2000 shares.
Financial year ends 31st December.
Annual Report issued before the end of August.
Digitized by VjOOQ IC
288
THE SUNGEI MOESAM RUBBER SYNDICATE.
Founded: February 1910.
Capital: / 150,000.-, all issued and fully paid.
Purchase Price: / 50,000. — in fully paid shares.
Manager: J. Cornfield.
Registered Office: Medan.
Estates: Soengei Moesam, and Kwala Gloegoer.
Total Area: 3000 bouws = 5125 acres.
Situation: East-coast of Sumatra, district of Langkat, 15 miles from
the railway-station at Fadang Tjermin.
Tenure: The lands are held under lease from the Sultan of Langkat,
ratified by the Netherland Indian Government, and expiring
in February 1983. The rental is /I. — per bouw.
Cultivation: During 1910 an area of 100 acres was planted with about
11,500 Hevea trees, interplanted with Robusta coffee. A further
350 acres were cleared to be planted early in 1911 with about
40,250 Hevea trees.
Financial year ends 31st December.
EXPLOIT ATIE MAATSCHAPPIJ SOENGEI PENARAN
RUBBER ESTATES.
Founded: February 1911.
Capital: $100,000.— in shares of $10.—, fully paid.
Directors: A. M. Sarkies, of Singapore (Managing), J. M. Scully, and
F. Minjoot, both of Soengei Penaran (Riouw).
Estate is situated on the isknd of Batam in the Riouw Archipelago.
Registered Office: Soengei Penaran (Riouw).
Digitized by VjOOQ IC
289
SOENQI RUBBER EXPLOITATIE MAATSCHAPPIJ.
Founded: December 1910.
Capital: / 147,500.— in 590 shares of /250,— , each.
Director: Baron Th. Dillon Corneck.
Registered Office: Soengi (island of the Riouw Archipelago).
Estate comprises lands on the island of Soengi, division of Karimon,
residency of Riouw.
Cultivation: The main object is the cultivation of Rubber.
THE SUMATRA JELUTONG AND RUBBER ESTATES,
LIMITED.
Founded: May 1911.
Capital: £200,000.— m £1.— shares.
Directors: J. D. Holcombe, W. S. Lane.
Offices: 4 Union Court, Old Broad Street, London, E.G.
Estate: Poeloe Rimau.
Area: about 750 square miles.
Situation: East-coast of Sumatra, residency of Djambi.
Production to December 1910 was 255 tons of Djambi Rubber, and
for the next years a yield of 200 tons Rubber per annum is
expected.
19
Digitized by VjOOQ IC
290
LANDBOUW MAATSCHAPPIJ « TEGALHARENDOENG.'
Founded: March 1907.
Capital: / 100,000.— in shares of /lOOO.— each.
Directors: J. J. W. van Bennekom (Managing), lie Hin Liang, and
Lie Hin Liam.
Registered Office: Batavia.
Estate: Tegalharendoeng.
Area: 103 bouws sas 180 acres.
Tenure: The land is held under 75 years' lease from the Netherland
Indian Government, granted in 1899, at an annual rental of
/3. — per bouw.
Cultivation: Hevea and Ficus.
TJIKANTJOENG RUBBER ESTATE COMPANY, LTD.
Founded: March 1910.
Capital: / 180,000.— in shares of /lOOO.— each, fully paid.
Directors: R. N. G. Bingley, R. Stephenson, and W. Price.
Registered Office: Batavia.
Estates: Tjikantjoeng, and Tjikantjoeng I.
Total Area: 591 bouws = 1035 acres.
Situation: West-Java, residency of "Preanger Regentschappen'^ division
of Boekapoera, district of Karang.
Tenure : The lands are held unter 75 years* Government lease, granted
in July 1907 at an annual rental of /1.50 per bouw.
Cultivation: Rubber.
General Information: All the shares of this Company are held by
the Preanger (Java) Rubber Company, Ltd.
Financial year ends 30th June.
Digitized by VjOOQ IC
291
TELOK BETONG (SUMATRA) SYNDICATE LIMITED.
Founded: June 1910.
Capital: £30,000.— in shares of £ 1.— each.
Purchase Price: £ 16,320.— in cash, and 10 pCt. in fully paid
shares of the nominal capital of a larger Company to be
subsequently formed to acquire the under-mentioned estates, or
at the option of the Syndicate such 10 pCt. shall be satisfied
and discharged by the payment of £ 10,000. — in cash.
Directors : W. Murray, Th. Carritt, R. F. McNair Scott, J. W. Lintner,
and B. ter Kuile.
Secretaries and Offices: Lintner & Co., Ltd., 18 Leadenhall Street,
London, E. C.
Estates: Way-Ratai (11,200 bouws),
Way-Boewah ( 3,840 „ ),
two adjoining plots.
Total Area: 15,040 bouws = 26,380 acres.
Situation : South-Sumatra, in de residency of „Lampongsche Districten",
division of Telok Betong, district of Marga Batai, about 28
miles from the port of Telok Betong, with which they are
connected by a road.
Elevation varies from 60 to 3900 feet above sea-level.
Tenure: The lands are held under 75 years' leases from the Nether-
land Indian Government, granted respectively in January 1894
and in February 1896, at an annual rental of / 0.20 per bouw
making for the total area /3008. — per annum.
Cultivation: It was the intention of the Directors to grow rubber on
the estates, and, if it appears advisable, to divide the area
into blocks, and after partial cultivation of these to float
subsidiary companies if and when suitable opportunity offers.
General Information: In order to comply with the Dutch law the
estates have been vested in a Company, registered in Sourabaya,
called „Telok Betong Rubber, Tea and Coffee Estates, Ltd'',
with a capital of / 500,000. — in shares of /5000.— , the whole
of which was acquired by the present Company.
Digitized by VjOOQ IC
292
CULTUUR MAATSCHAPPIJ " TJIKOPO-ZUID. '
Founded: February 1911.
Capital: / 800,000.— in shares of flOO.— each.
Issued: / 185,900.— .
Managing Director: E. Helfferich.
Members of the Board: E. A. Zeilinga Azn., and Messrs. Behn
Meyer & Co., Ltd. (Singapore).
Registered Office: Batavia, with branch office in Hamburg.
Estate: Tjikopo.
Area: 2750 bouws.
Situation: West-Java, residency of Batavia, district of Buitenzorg.
Cultivation: Rubber, tea, and other produce will be grown on the
estate.
Financial year ends 31st December.
Annual Report issued before the end of August.
Digitized by VjOOQ IC
293
CULTUUR MAATSCHAPPIJ "WANOEWA.'
Founded: November 1910.
Capital: / 600,000.— in shares of / 1000.— each.
Issued: / 120,000.—.
Founders: D. van Eijk, and Ch. J. van Eijk.
Registered OfTice: Amsterdam.
Object: The Company was formed with the object of working estates in
the Netherland East Indies, and especially of growing Rubber.
General Information: The allotment of profits has to take place as
follows : —
10 pCt. to a reservefund, until this has reached an amount,
equal to 25 pCt. of the paid-up capital.
From the remainder: —
6 „ dividend to shareholders.
And from the balance: —
15 „ to the Managing Director and Superintendent together.
15 „ to te Members of the Board together.
70 „ to shareholders.
Financial year ends 31st December.
Annual Report issued before July.
Digitized by VjOOQ IC
294
ZIANGBE RUBBER COMPANY, LIMITED.
Founded: 1610.
Capital: About / 1,800,000.— (£160,000.—).
Issued: About/ 1,500,000.— (£125,000.—).
Registered Office: Shanghai.
Estates: Bandoe Ardjo, (619 bouws), Kalimingir I & II, (690 bouws).
Total Area: 1309 bouws « 2290 acres.
Situation: Java. The estate Bandoe Ardjo is situate in the residency
of Malang, district of Senggoeroeh, distant about 10 miles from
the Ngebroek railway station; the Kalimingir estates are situated
in the residency of Banjoemas, division of TjUatjap, district of
Kali Bandjar, distant about 5 miles from a railway station.
Tenure : The lands are held under 75 years Government leases, granted
in Sept. 1880 for Bandoe Ardjo, and in February 1908 for
Kalimingir, at an annual rental of respectively / 4. — andf 2. —
per bouw.
Elevation above sea-level, of Bandoe Ardjo 1250 to 1650 feet, of
Kalimingir 350 feet.
Cultivation The estate Bandoe Ardjo is planted with Coffee.
The Kalimingir estates are reported to be wholly planted in
Hevea rubber up to the end of December 1910.
General Information: In order to comply with the Dutch law the
estates have been vested in a Dutch Company, called "Naam-
looze Yenootschap Banjoemas landen'', registered in Sourabaja
in May 1910, with a capital of / 1,000.000.— in 100 shares of
/ 10,000.— each, the whole of which was acquired by the
preseut Company.
Financial year ends 31st. December.
Digitized by VjOOQ IC
TOTAL OF THE CAPITAL
OF ALL THE
RUBBER COMPANIES
IN THE
NETHERLAND EAST INDIES.
Digitized by VjOOQ IC
Digitized by VjOOQ IC
TOTAL OF THE CAPITAL
of all the
RUBBER COMPANIES
in the
NETHERLAND EAST INDIES.
DUTCH CAPITAL:
JAVA.
Amsterdam Java Rubber Compagnie . .
Cacao- en Caoutchouconderneming Bodeg.
Rubber Exploitatie Maatschappij Djampang
Banjoewangi Thee en Rubber Cultuur My.
Rubber Cultuur Maatschappij Gondang .
Banjoewangi Rubber My. "Kali Telepak"
Koloniale Rubber Cultuur Maatschappij .
Rubber-, Thee- en Koffie-Cult. Ond. Lebak Parai
Nederlandsche Gutta-Percha Maatschappij
Nederlandsch Indisch Rubber Bureau . .
Cultuur Maatschappij "Kahoeripan" . .
Oost Java Rubber Maatschappij ....
Preanger Rubber Maatschappij
Rubber Cultuur Maatschappij "Sampora"
Tjiboeni Tjipongpok Caoutchouc Maatschappij
Rubber Cultuur Maatschappij "Silalangoe"
Cultuur Mij. " DeVereenigde Rubberlanden "
Maatschappij tot Exploitatie van Onroerende
goederen "Tendjoresmi"
Cultuur Maatschappij " Manoewoenmoekti " .
Cultuur Maatschappij " Margosoegih ** . . .
Forward . . •
/
Nominal.
600,000.-
55,000..
300,000.-
1,600,000.-
250,000..
1,000,000.-
2,000,000.-
145,000.-
1,600,000.-
100,000.-
100,000.-
1,200,000.-
1,200,000.-
325,000.-
500,000.
100,000..
800,000.-
/ 350,000.-
„ 600,000.-
„ 600,000.-
Issued. .
/ 600,000..
55,000.-
300,000.-
, 1,200,000.-
175,000.-
500,000.-
, 1,000,000.-
145,000.-
800,000.-
100,000.-
75,000.-
,, 1,000,000.-
, 1,000,000.-
, 213,300.-
, 500,000.-
30,000.-
203,000.-
/ 350,000.-
„ 600,000.-
„ 600,000.-
/ 13,425,000.— / 9,446,300.—
Digitized by
Google
JAVA. Nominal. Issued.
Brought forward . , , / 13,425,000.— / 9,446,300.—
Rubber Cultuur Maatschappij "Kendeng
Lemboe" „ 1,400,000.— „ 700,000.—
Assam Thee & Rubber Maatschappij
"Tjimedang" „ 200,000.— „ 200,000.—
N. V. The Glongong Java Rubber Estates
(£15,000.—) „ 180,000.— „ 180,000.—
Cultuur Maatschappij Sapiri*) „ 600,000.— „ 120,000. —
N. V. Rubberonderneming Karangplosso *) . „ 120,000.— „ 60,000.—
Cultuur Maatschappij Tjikopo-Zuid *) . . . „ 800,000.— „ 185,900.—
Cultuur Maatschappij Montaja*) 300,000.— „ 100,000.—
N.V. Thee- en Rubber-Syndicaat Marocco*) „ 28,000.— „ 28,000.—
Cultuur Maatschappij „Wanoewa"*). . . . „ 600,000.— „ 120,000. —
Landbouw Maatschappij Tegalharendoeng ♦) „ 100,000.— „ 100,000.—
/ 17,753,000.— / 11,240,200.—
SUMATRA. Nominal.
Algemeene Cultuur Maatschappij / 500,000.-
Rubber Maatschappij <<Ambaloetoe". . . . „ 1,500,000.-
Rubber Cultuur Maatschappij " Amsterdam " i) „ 5,000,000.-
Amsterdam Tapanoeli Rubber Cultuur Maat-
schappij , 1,000,000.-
Bandar Rubber Maatschappij „ 2,500,000.-
Rubber Maatschappij "Basilam" „ 500,000.-
Deli Batavia Rubber Maatschappij .... „ 5,000,000.-
Deli Rubber Maatschappij „ 1,000,000.-
Cultuur Maatschappij de "Lampongs". . . „ 1,200,000.-
Lampong Caoutchouc Maatschappij „ 600,000.-
Langsar Sumatra Rubber Maatschappij . . „ 1,500,000.-
Marbau Rubber Maatschappij „ 50,000.-
Nederlandsche Rubber Maatschappij. . . . „ 10,000,000.-
Rotterdam-Tapanoeli Cultuur Maatschappij. „ 2,500,000.-
Sumatra Rubber Cultuur Maatschappij
"Serbadjadi" „ 600,000.-
Sumatra Rubber Cultuur Maatschappij. . . „ 1,200,000.-
Rubber Cultuuronderneming " Timbang-Deli " „ 500,000.-
Rubber Maatschappij Si-Boelan „ 2,000,000.-
Rubber Maatschappij "Silau Doenia" ... „ 500,000.-
Forward . . . / 37,650,000.-
*) See Appendix.
^) Work also estates in Java.
Issued.
/ 284,000.-
750,000.-
2,400,000.-
600,000.-
1,100,000.-
450,000.-
2,000,000.-
500,000.-
900,000.-
167,000.-
800,000.-
40,000.-
3,000,000.-
1,000,000.-
600,000.-
600,000.-
500,000.-
500,000.-
203,000.-
/ 16,394,000.—
Digitized by
Google
299
SUMATRA. Nominal. Issued.
Brought forward . . . / 37,650,000.— / 16,394,000.-
Simeloengan (Sumatra) Rubber. Syndicaat. . „ 200,000.— „ 200,000.-
RubberCultuurMaat8chappij"SoengeyRaja"i) „ 2,000,000.— „ 2,000,000.-
Sumatra Hevea Compagnie , 600,000.— „ 300,000.-
Naaml. Venn. Timboeloen Syndicaat. . . . „ 100,000. — „ 100,000.-
Cultuur Maatschappij " Serangdjaja '' . . . „ 750,000.— „ 750,000.-
Bajan Sumatra Rubber Maatschappij . . . „ 1,000,000.— „ 400,000.-
Si-Antar (Sumatra) Rubber Compagnie. . . „ 1,000,000. — „ 600,000.-
Para Rubber Cultuur Maatschappij "Gadies" „ 500,000.— „ 337,200.-
Indische Rubber Compagnie „ 1,000,000.— „ 1,000,000.-
N. V. Langsar Land Syndicaat „ 500,000.— „ 300,000.-
Rubber Cultuur Maatschappij "Poelau
Ramboeng" . „ 500,000.— „ 200,000.-
Poelahan Rubber Maatschappij „ 500,000.— „ 150,000.-
Cultuur Maatschappij Soengei Langkah ♦) . „ 250,000. — „ 150,000.-
Landbouw Maatschappij Boekit Pajong*) . „ 100,000.— „ 48,000.-
Soengi Rubber Exploitatie Maatschapppij *). „ 147,500. — „ 147,500.-
/ 46,797,500.— / 23,076,700.—
BORNEO.
West-Borneo Cultuur Maatschappij.
Nominal.
/ 2,000,000.-
Issued.
/ 1,500,000.-
ENGLISH CAPITAL:
JAVA.
Aengsono (Java) Rubber Plantations, Ltd. .
Anglo-Dutch Plantations of Java, Ltd. . .
Anglo-Java Rubber and Produce Company, Ltd.
Badek Rubber Estate, Limited
Bandjarsarie (Java) Rubber Company, Ltd..
Bantam (Java) Rubber Estates, Ltd. . . .
Bantardawa Rubber Estates, Ltd
Baru (Java) Estates, Ltd
Besoeki Plantations, Ltd
British Rubber Estates of Java, Ltd. . . .
Central Java Rubber Plantations, Ltd. . .
Djaboong (Java) Rubber Estates, Ltd. . . .
Forward . . .
Nominal.
Issued.
£ 30,000.— £ 25,000.—
„ 1,500,000.— ,
, 1,100,000.—
„ 500,000.— ,
, 400,000.—
„ 120,000.— ,
, 105,000.—
50,000.— ,
, 42,000.—
„ 165,000.- ,
, 150,000.—
„ 150,000.— ,
, 105.000.—
70,000.— ,
, 63,000.—
„ 100,000.— ,
, 100,000.—
95,000.— ,
, 70,000.—
„ 125,000.— ,
, 100,000.—
60,000.— ,
, 52,000.—
£ 2,965,000.— i
1 2,312,000.—
^) Work also estates in Java.
*) See Appendix.
Digitized by
Google
300
JAVA.
Brought forward . . .
Daejan (Java) Rubber Estate, Ltd
Djasinga Rubber and Produce Company, Ltd.
Djember Rubber Estates, Ltd
East-Java Rubber Company, Ltd
Java Para Rubber Estates, Ltd
Java Rubber and Produce Company, Ltd. .
Java Rubber Plantations, Ltd
Java United Plantations, Ltd
Kalidjeroek Rubber Company, Ltd
Kali-Glagah (Java) Rubber and Produce
Company, Ltd
Kasintoe Rubber Estates, Ltd
Kebonso Rubber Estates, Ltd
Kawie (Java) Rubber Estates, Ltd
Java Amalgamated Rubber Estates, Ltd. .
Langen (Java) Rubber Estates, Company, Ltd.
Marawan (Java) Rubber Plantations, Ltd. .
Malang Rubber Estates, Ltd
New Kali Selogiri (Java) Plantations, Ltd. .
Nirmala (Java) Plantations <fe Lands Coy, Ltd.
Rini (Java) Rubber Estates, Limited . . .
Sampang (Java) Rubber Plantations, Limited
Tempeh (Java) Rubber Plantations, Limited
Petoong (Java) Rubber Estates, Limited. .
Simo Rubber Estates, Limited
Soember Ajoe Rubber Estates, Limited . .
Soemberboto Rubber Planting Company, Ltd.
Tangoel Rubber Estates, Limited
Telogoredjo United Plantations, Limited . .
Waverley Rubber and Produce Ests. of Java,
Ltd.
Bajoe Kidoel Rubber & Produce Company, Ltd.
Ankola Tea and Rubber Company, Limited
Anglo Dutch Java Plantations (Shanghai) .
Preanger (Java) Rubber Coy, Ltd.*). . . .
Anglo-Java Estate, Limited (Shanghai) *). .
Forward . . .
Kominal.
Issued.
£ 2,965,000—
£ 2,312,000.—
56,000.—
)l
43,000.—
„ 500,000.—
))
400,000.—
„ 100,000.—
»>
95,000.—
80,000.—
9)
70,000.—
„ 160,000.—
ff
130,000.—
50,000.—
j>
45,000.—
„ 45,000.—
if
32,639.—
„ 200,000.—
Ji
200,000.—
40,000.—
»
30,000.—
65,000.—
»
65,000.—
„ 120,000.—
))
110,000.—
„ 120,000.—
))
105,000—
75,000.—
»>
68,000.—
„ 175,000.--
))
140,000.—
„ 100,000.—
>t
42,760.—
55,000.—
»»
55,000.—
65,000.—
>i
60,000.—
70,000.—
))
50,000.—
„ 180,000.—
»
130,000.—
55,000.—
))
44,000.—
„ 100,000.—
J>
73,000.—
„ 150,000.—
»
120,000.—
70,000.—
»
63,000.—
35,000.—
))
27,139.—
85,000—
))
72,500.—
12,000.—
»
12,000.—
85,000.—
j>
75,000.—
„ 150,000.—
»
135,000.—
„ 100,000.—
j>
80,000.—
„ 300,000.—
>»
150,000.—
„ 150,000.—
»J
100,000.—
„ 200,000.—
»
130,000.—
50,000.—
»
40,000.—
„ 250,000.—
«
225,000.—
£ 7,012,000.—
£ 5,530,000—
*) See Appendix.
Digitized by VjOOQ IC
301
JAVA.
Brought forward . . .
Indo-Java Rubber Planting & Trading Coy,
Ltd. Bombay) *)
Java Consolidated Rubber & Cofifee Estates,
Ltd. (Shanghai)*)
Ziangbe Rubber Company, Ltd. (Sanghai) *)
Kroewoek Java Plantations (Shanghai) *) , .
Nominal.
£ 7,012,000.—
„ 100,000.—
„ 85,000.—
„ 150,000.—
70,000.—
SUMATRA.
Anglo-Sumatra Rubber Company, Limited .
Asahan (Sumatra) Rubber Estates, Limited
Bandar (Sumatra) Rubber Company, Limited
Batu Rata (Sumatra) Rubber Plantations, Ltd.
Bila (Sumatra) Rubber Lands, Limited . .
Central Sumatra Rubber Estates, Limited .
Djambi (Sumatra) Rubber Estates, Limited.
Dolok Rubber Estates, Limited
Eastern Sumatra Rubber Estates, Limited .
Fortuna (Sumatra) Rubber Estates, Limited
Glen Bervie Rubber Company, Limited . .
Insulinde (Sumatra) Rubber and Tobacco Ests.
Ltd.
Kwaloe Rubber Estates, Limited
Langkapoera (Sumatra) Rubber Estate, Ltd.
Langkat (Sumatra) Rubber Company, Limited
Lankat Rubber Company, Ltd. ......
Laras (Sumatra) Rubber Estates, Ltd. . . .
London Langkat Syndicate, Ltd
London Sumatra Rubber and Produce Estates,
Ltd.
Pakan Baroe Rubber Estates, Ltd
Rotterdam-Deli Hevea Ltd.
Sennah Rubber Company, Ltd
Serdang Central Plantations, Ltd
Serdang (Sumatra) Rubber and ProduceEstates,
Ltd.
Forward • . .
*) See Appendix.
Issued.
£ 5,530,038.—
„ 100,000.—
„ 70.000.—
„ 125,000.—
„ 50,000.—
£ 7,417,000.— £5,875,038.—
Nominal.
Issued.
£
90,000—
£
80,000.—
*>
250,000.—
)9
172,500.—
»
100,000—
n
94,000.—
)l
120,000—
»
90,600—
»
200,000—
)}
90,000.—
))
1^,000—
j>
155,000.—
»
60,000.—
j>
42,500.—
»>
200,000.—
»
200,000.—
)»
150,000.—
j>
121,500.—
»>
85,000.—
»
45,000—
»
50,000.—
»>
30,055—
W
100,000.—
>»
80,000.—
«
150,000.—
n
135,000.—
l>
70,000.—
M
63,500.—
»
75,000.—
»
73,746.—
»
100,000.—
n
100,000.—
n
90,000.—
»
80,000.—
«
100,000.—
»
70,000.—
))
80,000.—
}>
50,000.—
»
65,000.—
»
54,125.—
»
120,000.—
i>
100,000.—
»
500,000—
»
450,000.—
»
60,000—
»
56,273.—
9)
105,000.—
»»
85,000.—
£
3,100,000.—
£ 2,508,699—
Digitized by
Google
302
SUMATRA.
Nominal.
Brought forward ... £ 3,000,000.—
Sialang Rubber Estates, Ltd , 150,000.—
Siak (Indrapoera) Rubber Concession, Ltd.
(Shanghai) „ 135,000.—
Siak (Sumatra) Rubber Estates, Ltd. . . . „ 75,000.—
Simpang Sumatra Rubber Company, Ltd.. . „ 60,000. —
South-Sumatra Rubber Estates, Ltd. . . . „ 100,000.—
Sumatra Consolidated Rubber Estates, Ltd. . „ 75,000. —
Sumatra Para Rubber Plantations, Ltd. . . „ 100,000.—
Sumatra Penang Rubber Planting Syndicate,
Ltd. $ 400.000.— „ 43,200.—
Sumatra Proprietary Rubber Plantations, Ltd. „ 100,000. —
Sungei Buaya (Sumatra) Rubber Company,Ltd. „ 75,000. —
Sungei-Kari (Sumatra) Rubber Estate, Ltd. „ 56,000. —
Sungei Rampah Rubber Company Ltd.
(Hongkong) „ 60,000.—
Tamiang Rubber Estates, Ltd „ 120,000.—
Tandjong Rubber Company, Ltd „ 150,000.—
Telok Betong (Sumatra) Syndicate, Ltd. . . „ 30,000.—
United Serdang (Sumatra) Rubber Plantations,
Ltd. „ 200,000.—
Way-Halim (Sumatra) Rubber andCoffeeEstates,
Ltd. „ 120,000.—
United Sumatra Rubber Estates, Ltd. . . . „ 85,000. —
Toerangie Rubber Company, Ltd. (Hongkong) „ 100,000. —
Mendaris (Sumatra) Rubber andProduceEstates,
Ltd. „ 300,000.—
Bah Lias Tobacco and Rubber Estates, Ltd. „ 300,000.—
Wampoe Tobacco and Rubber Estates, Ltd. „ 200,000. —
The Sungei Moesam Rubber Syndicate
(/ 150,000)* „ 12,500.—
The Sumatra Jelutong k Rubber Estates, Ltd.* „ 200,000.—
Telok Betong (Sumatra) Syndicate, Ltd.*. . „ 30,000.—
RIOUW.
Galang Besar Rubber Plantations, Ltd.
Exploitatie My. "Bintan Plantations"
($ 200,000.— )♦
Forward
Issued.
I 2,518,699.—
„ 101,022.—
„ 135,000.—
„ 65,000.—
„ 50,000.—
70,000.—
„ 60,000.—
„ 100,000.—
32,400.—
70,000.—
„ 63,000.—
53,450.—
50,000.—
„ 83,000.—
„ 96,006.—
„ 30,000.—
„ 180,000.—
„ 110,000.—
„ 85,000.—
75,000.—
„ 200,000.—
„ 200,000.—
„ 150,000.—
12,500.—
„ 200,000.—
18,000.—
£ 5,976,700.-
£ 4,805,077—
Nominal.
Issued.
. £ 150,000.—
£ 120,000.—
-)• , 21,600—
21,600.—
£ 171,600.— £ 141,600.—
*) See Appendix.
Digitized by
Google
303
RIOUW.
Brought forward • . .
Exploitatie My. Poelau Boelan (/ 1,000,000.—)*
Exploitatie My. Kepala Djerai (/ 500,000.— )♦
Exploitatie My. SoeiigeiPeiiaran($ 100,000.—)*
Exploitatie My. Djapoera ($ 600,000.—)*. •
£
Nominal.
171,600..
83,330.-
41,660..
10,800.-
64,800..
141,600.-
83,330..
41,660..
10,800.-
64,800..
£ 372,190..
£ 342,190.—
BORNEO.
Borneo Rubber and Trading Company, Ltd.
Hayoep (Dutch Borneo) Rubber Estates, Ltd.
Java and Borneo Company, Ltd
Kapoewas Rubber Company, Limited . , .
Fontianak Rubber Estate, Limited ....
Sahang Rubber Estates, Limited
South East Borneo Rubber Plantations, Ltd.
Troesan Rubber Estate, Ltd
Sambas Rubber & Gutta-Percha Company,
Limited*)
Landak Caoutchouc Plantagen Maatschappij
(/ 300,000.—)*)
Sanggau West-Borneo Rubber Cultuur Mij.
■ (/ 140,000.—)*)
Nominal.
160,000.—
215,000.—
150,000.—
100,000.—
110.000.—
65,000—
60,000.—
100,000.—
160,000.—
25,000.—
11,600.—
Issued.
£ 135,142.-
195,000..
50,000.-
80,000.-
90,000..
55,000.-
40,000..
100,000..
115,000.-
25,000.-
8,340.-
£ 1,156,600.- £ 893,482.—
BELGIAN and FRENCH CAPITAL
JAVA. Nominal.
Algemeene Belgisch Javasche Cultuur Maat-
schappij / 2,500,000.—
Bantamsche Plantagen Maatschappij ....
Belgisch'Nederlandsche Cultuur Maatschappij
Cultuur Maatschappij „Bajabang"
Caoutchouc Cultuur Maatsch. „Kalitengah"
Soci^t^ Franco-N^erlandaise de Culture et
de Commerce
Cultuur Maatschappij „Nieuw Tjisalak" . .
„ „ „Sa]atri Plantations".
„ „ „Tjiagra Plantations"
„ „ „Tjibintaro Plantations" „
Forward .
*) See Appendix.
Issued.
/ 2,500,000.—
/ 2,500,000.—
„ 1,000,000.—
„ 800,000.—
, „ 900,000.—
„ 900,000.—
„ 500,000.—
„ 500,000.—
„ 2,000,000.—
„ 1,200,000.—
„ 6,000,000.—
„ 6,000,000.—
„ 1,000,000—
„ 900,000—
„ 1,000,000.—
„ 500,000.—
„ 500,000—
„ 270,000.—
" „ 500,000—
„ 500,000.—
/ 15,900,000.—
/ 14,070,000.—
Digitized by
Google
304
JAVA. Nominal.
Brought forward / 15, 900,000.-
Soci^t^ Hollandaise de Caoutchouc „Fa-
nindjawan" frs. 600,000.— „ 300,000.-
Cultuur Maatschappij „Tjondong" , 700,000.-
Cultiiur Maatschappij „Waringin" „ 500,000.-
Fransch-Nederlandsche Koloniale Culttiur Mij. „ 400,000.-
Pasir Pogor Cultuur Maatsch. „Louisiana" . „ 250,000.-
Tjikadoe Rubber Piantage , 1,000,000.-
Soci^t^ Agricole Francaise des Preangers *) „ 150,000'-
Ned. Indische Rubber- en Koffie Cultuur Mij. „ 1,500,000.-
Issued.
/ 14,070,000.-
300,000.-
700,000.-
340,000.-
367,000-
250,000.-
500,000.-
15,000.-
1,500,000.-
/ 20,700,000.— / 18,042,000.—
Nominal.
/ 1,000,000.-
Issued.
/ 500,000.
Nominal.
/ 1,750,000..
Issued.
/1, 750,000.
RIOUW.
Exploitatie Maatschappij "Noembing" . . .
SUMATRA.
Deli Moeda Plantagen Maatschappij ....
Dolok Baros Caoutchouc and Koffie Cultuur
Maatschappij
Tapanoeli Caoutchouc Plantagen Maatschappij
Siboga Caoutchouc Plantagen Maatschappij.
Sumatra Caoutchouc Maatschappij
Sumatra Caoutchouc Plantagen Maatschappij
Soc. An. des Plantations de Telok Dalam .
Batangara Cultuur Maatschappij
Soci^t^ de Culture et de Commerce Franco-
Sumatra *)
Soengei-Lipoet Cultuur Maatschappij. . . .
/ 8,380,000.— / 7,780,000.—
GERMAN CAPITAL:
JAVA. Nominal. Issued.
Plantagen Gesellschaft „Boenisari" / 500,000.— / 350,000.—
Java Caoutchouc Compagnie „ 500,000.— „ 500,000.—
Plantagen Gesellschaft „Tjiganitri" .... „ 300,000.— „ 300,000.—
~7 1,300,000.— 7 1,150,000.—
SUMATRA. Nominal. Issued.
Asahan Syndicat G. m. b. H. . RM. 600,000.— RM. 165,000.—
*) See Api)endii.
»
600,000.—
, 600,000.—
i>
1,000,000.—
, 1,000,000—
»
750,000.—
, 500,000.—
j>
1,250,000.—
, 1,250,000—
}>
1,000,000.—
„ 1,000,000.—
>J
750,000.—
, 750.000.—
»
500,000.— ,
, 150,000.—
j>
30,000.— ,
, 30,000.—
»
750,000.— ,
, 750,000.—
Digitized by
Google
305
SWEDISH CAPITAL:
AktiebolagetLimauMani8Kaut8chukPlantage*)Kr. 600,000.— Kr. 265,000.-
AMERICAN CAPITAL:
Karimon Rubber Maatschappij *) / 1,000,000.— / 1,000,000.-
*) See Appendix.
Digitized by VjOOQ IC
JAVA:
306
Dutch Capital . /
Belgian & French
Capital . . « „
English Capital. „
German Capital. „
Nominal. Issued.
17,753,000.— / 11,240,200.—
20,700,000.— „ 18,042,000.—
89,004,000.— „ 70,500,000.—
1,300,000.— „ 1,150,000.—
Nominal.
Issued.-
/ 128,757,000.— / 100,932,700.-
SUMATRA:
Dutch Capital . /
Belgian Capital. „
English Capital. „
German Capital. „
Swedish Capital. „
Nominal. Issued.
46,797,500.— / 23,076,700.—
1,000,000.— „ 500,000.—
71,720,400.— „ 57,697,000.—
360,000.— „ 96,000.—
420,000.— „ 185,500.—
119,877,900.— „ 81,369,700.—
RIOUW:
Belgian k French
Capital , . . /
English Capital. „
American Capital „
Nominal.
8,380,000.— /
4,466,300.— „
1,000,000.— „
Issued.
7,780,000.—
4,106,300.—
1,000,000.—
13,846,300.— „ 12,886,300..
BORNEO:
Nominal. Issued.
Dutch Capital . / 2,000,000.— / 1,500,000.-
Enghsh Capital. „ 13,879,200.— „ 10,721.800.-
15,879,200.— „ 12,221,800.—
Total / 278.780,400.— / 207,596,000.-
Digitized by
Google
307
DUTCH CAPITAL:
NomiuaJ. Issued. Nominal. Issued.
Java / 17,753,000.— / 11,240,200.—
Sumatra . . . . „ 46,797,500.— „ 23,076,700.—
Borneo . . . . „ 2,000,000.— „ 1,500,000.—
/ 66,550,500.— / 35,816,900.—
ENGLISH CAPITAL:
Nominal. Issued.
Java / 89,004,000.— / 70,500,500.—
Sumatra. . . . ,,71,720,400.— ,,57,697,000.—
Riouw „ 4,466,300.— „ 4,106,300.—
Borneo . . . . , 13,879,200.— „ 10,721,800.—
/ 179,069,900.— / 143,025,600.—
BELGIAN and FRENCH CAPITAL:
Nominal. Issued.
Java. ..... / 20,700,000.— / 18,042,000.—
Sumatra , 8,380,000.— „ 7,780,000.—
Riouw „ 1,000,000.— „ 500,000.—
/ 30,080,000.— / 26,322,000..
GERMAN CAPITAL:
Nominal. Issued.
Java / 1,300,000.— / 1,150,000.—
Sumatra . . . . „ 360,000.— „ 96,000.—
/ 1,660,000.— / 1,246,000..
SWEDISH CAPITAL:
Sumatra / 420,000.— / 185,500.-
AMERICAN CAPITAL :
Riouw / 1,000,000.— / 1,000,000.-
Total / 278,780,400.— / 207,596,000.—
Digitized by VjOOQ IC
Digitized by
Google
■
130*
135*
)4isool
JBandS:lf
^Olt S£A.
it^<^^
130-
140*
i
AHAPOBHA sea Afcr^-^Vl
^iCf
liJD'
itu
Digitized by VjOOQ IC
Digitized by VjOOQ IC
-^
-Digitize*^ by
Google
Digitized by
Google
Digitized by VjOOQ IC
. Digitized by CjOOQIC
I
4
^4
'ill
41
•:"■*<
il
l1
;^ Digitized by Google
f J
Digitized by VjOOQ IC