COMPANY AFFAIRS.

Auckland Star, Volume LXI, Issue 129, 3 June 1930, Page 4

COMPANY AFFAIRS.

NEW REGISTRATIONS,

The following new companies were registered in Auckland yesterday:—

llotoru-a. Airways, Ltd. Capital, £1200 in 20 £60 shares. Subscribers: Jack Douglas Davys, Duncan William Steel, George William Yaughan, John Fortune, William Thomas Jupp, John Wylie, Ton Parata, Sydney Herbert Jolly, Alan Eric Carruthers, Caleb Robinson Tapper, John Falloon, Frederick S. Boyes, George Steele, Albert Percy Smith, George Eric Dawson, Sidney Smith, Michael Hutton, John Bannantyne Morrison, Francis Moss Boord, and Leo Martin Hughes, all of Rotorua, each one share. Objects: Aeroplane taxi work, air-mail contracting, Hying instruction, and aero engineering. Rosenfeld, Kklsou and Company, Limited, shipping agents. Capital, £5000 in £1 shares. Subscribers: Rosenfeld and Company (New Zealand), Limited, 3500 preference shares; John Kidson, 1500 ordinary shares. Imperial Advertising Company, Limited, printers, designers and advertising agents. Capital, £150 in £1 shares. Subscribers: Cedric Arthur Herman, 149 shares; Basil. William Bell, 1 share.

PERPETUAL TRUSTEES. DIVIDEND 15 PER CENT. The forty-sixth annual report of the Perpetual Trustees Estate and Agency Co., Ltd., of New Zealand, which will be presented at the annual meeting of shareholders on June 13, states that the amount brought forward from the previous year was £4878 3/, from which has since been paid income tax for that year, interim dividend, and the company's contribution to the Cancer Campaign Fund, leaving a balance of £1634 5/. Profit for the year amounts to £2912 17/1, and available balance is £9547 2/1. _ Directors recommend payment of a dividend on paid-up capital (£22,500) at 15 per cent per annum for the half-year ended April 30, 1930, £1687 10/; reserve fund, £2000; staff benefit fund contribution, £750; writing off Dunedin premises, £118 14/9; writing off office furniture and fittings, £91 11/2; carry forward to next year subject to income tax for the year just ended), £4899 6/2.

» SINGAPORE HUME PIPE CO. The secretary of the Singapore Hume Pipe Company notified .to-day that the net profit earned for the year ended March 31, 1930, was £12,037 14/1. The general meeting of shareholders will be held on June 23, at Melbourne, when the directors will recommend the payment of a dividend at the rate of 10 per cent per annum, and a bonus of 5 per cent. This means, with the inclusion of the interim dividend paid last December, shareholders will receive at the rate of 15 per cent. The transfer books close on June 16.