UNION STEAM SHIP COMPANY.
* RE-ADJuSTMENT OF RESERVE FUNDS. (niSS ASSOCIATION TELEGRAM.) DUNEDIN, November lfl. -\ " A circular has bocn issued to tho <rta shareholders in the Union Steam Ship :/*> Company with reference to the re-ad-\'wf infttment of certain reservo funds of . ■..'*. tho company. Tho directors propose to distribute among the shareholders a- • bonus of'6et'Bd in tho £, payable in ' .'■ folly paid-m) shares. This will increase . *. * < the capital to £800,000. and a dividend of 7J per cent, on this sum will be ', equal to that combined dividend and til-. ] -tonus of 10 per cent, paid for some ?«•» on the present paid-up capital. The directors propose, in order to carry •" ' «• scheme out more effectually, to sub- , ■ diTide the present £10 shares into £1 •wee.
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Press, Volume LXIII, Issue 12966, 20 November 1907, Page 7
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120UNION STEAM SHIP COMPANY. Press, Volume LXIII, Issue 12966, 20 November 1907, Page 7
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