At the annual meeting of shareholfl of the National Insurance Company,' at Dunedin on Nov. IS the report, rew mending a dividend equal to Is <*» re share for the year, was adopted. <■» M. Ritchie, the Chairman, in mo*"f£, adoption of the report, said the ia*t months of the year had been ire* ' losses, and.therefore, the Company had; out better than was at one time exp^. The difference between the glance*" this year and last was very snia "', ; j HO t detailing the items, he said he "Ij^g think it was necessary to say a %.i. 8r 8 about the Government legislation. * t was no appearance of the w>ver ,„» having looked into the matter s0 elf - )rO--to have satisfied themselves or «» L priety or possibility of carrying t»l " their scheme. If they had done so; prob.bly would haye _found that tf, neither possible nor desirable. inei epr eInsurance Company's assets were t% sented by thoroughly solid secuntu* good property, and even if the voi* to the worst they would not sutler, i K. Glendining and 5- Hallenstein «ew» elected directors.
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Auckland Star, Volume XXVIII, Issue 274, 25 November 1897, Page 6
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179Untitled Auckland Star, Volume XXVIII, Issue 274, 25 November 1897, Page 6
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