This work was undertaken at the express desire of the late Sir William Mackinnon, who, to the last moments of his life, was impressed with the responsibilities of an enterprise promoted under his auspices; and was well advanced at the period of his death. Hence the obligation incumbent on his fellow-directors, in conformity with the wishes of their late President, to place on record a concise and authoritative account of the circumstances which led to the formation of the Imperial British East Africa Company, by way of explaining its constitution and character, and of vindicating its aims and ends. I f, from aS hareholder spoint of view, the success of its operations has fallen short of expectation, the causes are herein narrated, upon evidence, it is believed, that cannot be gainsaid.
(Typographical errors above are due to OCR software and don't occur in the book.)
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