MILNE AND CHOYCE, LIMITED.
The annual meeting of shareholders in Milne and 1 Choyce Company, '"Ltd., was held yesterday afternoon, when Mr L. J. Bagnall presided. The report said bal-ance-sheet, as already published, was . submitted and adopted on the motion of ] the chairman, who congratulated the ; shareholders upon the past year's opera- i tions, and the sound position of the company. He pointed out that, after ! malting provision for bad debts, depreciation on plant,' etc., and paying a divi- ! dend at the rate of 8 per cent, per an- ' nnra upon both preference and ordinary ' shares, there remained a substantial bal- ( ance to be carried forward to next year. < , Mr C. Rhodes seconded the adoption ' of the report, which was then agreed 'to * unanimously. Messrs Bagnall and Rhodes were unanimously re-elected directors, and -Mr W. R. Holmes auditor. On the j motion of the chairman a hearty vote : of thanks was accorded Mr Choyce and ■ the staff in recognition of the admirable , manner in which the company's business had been carried out.
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Auckland Star, Volume XXXVIII, Issue 218, 12 September 1907, Page 3
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172MILNE AND CHOYCE, LIMITED. Auckland Star, Volume XXXVIII, Issue 218, 12 September 1907, Page 3
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