COMPANY AFFAIRS

Auckland Star, Volume LXXII, Issue 137, 12 June 1941, Page 3

COMPANY AFFAIRS

WALKER AND HALL (N.Z.), LTD

NEW AUCKLAND FACTORY

Net profit or Walker and Hall razi t m Dividend ,; *«N»cent on all issued an* ... dividend ot 6 per absorbing" if 'M^oS 1 - 0 """. ""Chang?" forward. 'caving i.2020 to bo carried tax" i" , "* lor >" c °™ social security t«v« h,f f , lor na tional and for excess profits {ax Fu?i r » c , s * m * liability (Da'id* ,l |S M JKS '" ™ plul of £1000 to £32.000 aSainst %™ wn -, Sundry creditors ar* £10.304. BRITISH PAVEMENTS ffig«."fc ? r "o a nTO« made an available balance to the credit of the account of £435 R. This had been dealt with as f°"°?s:~Payment of lntenm preference dividend. £217; interim ordinary dividend. £1000; final appropriation account, be dealt with:—Payment of 10 per rent, final dividend on ordinary shares. £2000; balance carried forward £706

PETEBS ICE MEETING The tenth annual meeting of Peters Ice Cream Company (N.Z.V Limited, was held to-<tay. th<! chairman. Mr. R. G. Ralnger. presiding. In his uddreso. the chairman referred to the adverse effects on the company of rising costs of materials coupled with Increased taxation. The I recommendation for payment of a dividend of 5 per cent was carried, and Mr. C. F. Warren vas re-elected to the board. TRUSTEES EXECUTORS A net profit of £2301. compared with £3165 last year. Is shown in the report and balance-sheet of the Trustees Executors and Agency Company of New Zealand. Limited. Dunedln. for the year ended March 31. A sum of £4284 is brought forward and the interim dividend of 3 per cent took £900. leaving £9684 available. The directors propose a final dividend of 4 per cent, making 7 per cent for the year, unchanged, absorbing £1200. and to carry £5684 forward. Expenses total £ 13.093. against £12.730 last year, while agency, commission, interest, ren;. etc., totals £13,475. compared with £ 16,529. Balances due by the company amount io £77.656. against £62.970. and balances due to the company are £70.430. against £59.421. The accounts balance at £123,340, compared with £111.939 last year. ! i ; I ,