The present Directors of the Company are:—­

Mr. Campbell P. Ogilvie (Chairman). 
Mr. Ivor Bevan. 
Mr. Gordon H. Brown. 
Lord Hawke. 
Mr. Louis H. KIEK. 
Mr. T.E.  Preston. 
Capt.  The Hon. F.C.  Stanley.

The London Office is at 779, Salisbury House, Finsbury Circus, London, E.C., and the Secretary of the Company is Mr. David Simpson.  The Head Office in the Argentine is at 761, Avenida de Mayo, Buenos Aires, and the following are the principal officers of the Company in Argentina:—­

Mr. Hugh M. Rattray (General Manager). 
Mr. W.B.  Whigham (Manager of the Cattle
and Lands Department at Sun Cristobal). 
Mr. R.N.  Land (Manager at Santa Catalina). 
Mr. T. Scott Robson (Manager at La Barrancosa). 
Mr. G.L.C.  Gittins (Acting Manager of the Woods Department).

SHARE CAPITAL.

The original shares of the Company were L10 each.  It was decided in 1897 to reduce them to L7 fully paid, which placed the capital at L612,500.  Shortly afterwards each L7 share was converted into seven shares of L1 each.

In 1906 the shareholders authorised the creation of L200,000 of fresh capital, which was issued to them in two blocks of L154,000 in 1906 and L46,000 in 1907.

Fresh capital was authorised in 1908, viz., L187,500, of which L161,608 was issued in 1909, and further lots have since been issued, bringing the total amount of authorised capital to L1,000,000, and of issued capital at 30th June, 1910, to L982,347.

An issue of L50,000 Six per Cent.  Debentures was made in January, 1904; and the whole amount was redeemed on the 1st July, 1909.

BAZAN LANDS.

Part of the area sold to the Company consisted of a block of approximately 88 Spanish leagues, or 530,000 English acres, which became the subject of negotiations and lawsuits between this Company, the Provincial Government of Santa Fe, and other parties, lasting for more than twenty-five years.  The area in question lay to the West of the Rio Salado, and, at the time when this Company was formed, was supposed to be included in the Province of Santa Fe.  Soon afterwards the Province of Santiago del Estero put forward a claim to the lands on the ground that the boundaries of that Province extended eastwards to the Rio Salado, and it therefore disputed the right of the Province of Santa Fe to sell the lands to Messrs. Murrieta & Co. in 1882.