INVINCIBLE BUILDING SOCIETY.

Sun (Christchurch), Volume I, Issue 192, 18 September 1914, Page 10

INVINCIBLE BUILDING SOCIETY.

The annual meeting of the Invincible Building Society was held last night, when the report and balance sheet for the year, which were adopted/showed a very sound position. The balance sheet showed that the shareholders have converted into permanent capital £6400, while the profit and loss account showed a credit lof £ISOO. It was resolved to pay holders of D s J hares a; bonus of 2 per cent., which, with the 4 per cent, interest already paid, makes a total of 6 per cent, for the year. It was also decided to allot 2 per cent to C shareholders who had not given notice of withdrawal. The retiring directors, Messrs H. Pearce and J. S. Williams, were reelected, and Mr H. Labatt was appointed auditor, the directors receiving a hearty vote of thanks for their services during the past year. /