COMPANY AFFAIRS.

Auckland Star, Volume LVIII, Issue 151, 29 June 1927, Page 4

COMPANY AFFAIRS.

NEW ZEALAND INSURANCE CO. The directors of the Xew Zealand Insurance Company, Ltd., have decided o recommend to their shareholders at tic annual meeting on August 2, the payment of a dividend of lid a share for the hatfyear' of a V9 g *' i ° t * l dißbur sement lor the ti T . he ., director s also intend to recommend that the sum of £150,000 be transferred from reserves to capital, thereby increasing the paid-up capital to £1,200,000. NEW REGISTRATION. A new Private company was rcffistercl at Auckland this morning. The particular. are as follows:— t The Baggstrom Patent Motor Rim Co Ltd Objects: To acquire and take over all the rights oi Eliaa Lemuel Bagpstrom in an invention for an improved patent nm for motor tyres. Capital: £ciou<), divided into 120 shares of £50 each Subscribers: Ehas Lemuel Baggstonn CO shares; and twenty others. i N.Z. INSURANCE COMPANY, LTD. The directors of the New Zealand Insurance Company, Ltd., have decided to recommend to their shareholders at the annual meeting on August 2, the payment of a dividend of lid per ehare for the half year, making a total disbursement for the year of 1/9. The directors also intend to recommend that the eum of £150,000 be transferred from reserves to capital, thereby increasing the paid-up capital to £1200000.