HALF-YEARLY MEETING.
The half-r early meeting of the New Zealand* Insurance Company was held at the new office at 2 o'clock to-day, when the following report was read aid adopted:— - - '- 7'". "Twenty-jrst report of the , directors of the;' New Jfealand Insurance Cohipahy ' fdi" the hall-year ending May 31, 1871,' pre-'1 Bentedalthe general meeting of shareholders, held at lie company's offices on Wednesday, 7rune2i;iß7L _/ " It is agiin the pleasure of the _ir«c.o_s to meet the shareholders with a statement of the company's affairs, embodying resultß which cannot fail |o be satisfactory.
" After plying all claims, making due provision for madjusted losses, and adding £5 per share to the paid-up capital, the tiet profit for the hal-year amounts to £7,936 10s ;Tfii available fo; division. Out of this amount the directors have applied the Bum of £3,750 as a dividend of £1 10s per share for the halfyear, the bdauce of £4,186 10s Id will be carried forward to tho next half-year. " The dire, tors hjive to congratulate the shareholders \n the completion of the handsome building in which they are now assembled for ihe first time. The rental of the offices willyield a good return for the cabltal expended in is erection. ...',"': "The divicbnd will be payable at the headoffice on the -2nd instant, and at the branches on the receipt of advice. .i ~ . . " For the JEbard of Directors. ,(Q 7 "Sasiubi; Bbowning, • i .. . "Deputy-Chairman. '
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Bibliographic details
Auckland Star, Volume II, Issue 451, 21 June 1871, Page 2
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234HALF-YEARLY MEETING. Auckland Star, Volume II, Issue 451, 21 June 1871, Page 2
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