Page 5 Advertisements Column 4

Clutha Leader, Volume V, Issue 284, 7 February 1879, Page 5

New Advertisements. hills current. Tn the last report we, f or the'firsi time, asked the propnotors to assent to the principle of de'lnnting the rebate on current bills. The amount then appenrefl in the halnnce-shefifc, hut., von having; .at t.he last "half-yearly meeting nssenteti to the principle, it was not considprerl necessary that tin's item shonlrl apnoav in th* 5 hal.ance-sheet in future. Suffice it, then, to say that the amount for rehate for +he cummt'lialfvear is sreaflv in excess of that for fchp previous vf»nv. XiH«;t hnlf vpav th^rn wna a Vinl:v>ne of £2000 odd carried Forward nnrlhr the profit and loss account ;■ this haifvnr wp. pvonpsp. to carry forward £3129 odd I move the adoption of tho report.- ( A nrilnnsf ) Afr E. B. Cahgixt, : T have much plp.nsnrp'in « n cnn»lin7 *h" adoption "f r°nort Tdo not think wp ennhnv" any (lifHcuHy i*i doinsr <--o as the pr.>sout, posih'on in .'-vhifh the insHhjtihn stands is a vorv fitting suhjpo.t for consrratailat.ion : and th;it we- have ev^rv confidonf.fi in tlie hndv of mon we pp.e hpfnrp us here as directors. Takine it for crnnt'id that the, nenmints now suhi-nittprl show thpaohia.l state of affairs. T think thai; it ninst he admitted that that s*ate of affairs i^ very satisfafitorv indeed. — (Hear ) It is known that the times refer, fclv hnvehpen time? of perplp.xitv. anxintv. nnd trouhlo to financial -institutions all thfi world over ; and to find that this younaf Eftnk l l ' enahlt 1 ! 1 to make suc.Vi j i statement of aceonnts as ii pnt hpfora us. to recommend a dividend, for thehnlf-yonr at t^'f v:\he of fi ppv-o.enfc.ijpr annum, head's imtlinor -g«fnO to the reserve, fimd =md carryincr forward £3100. is. T must s'ythat it scorns to me, a very satisfactory statement of accounts ind-od. — f \ npliuiift ) I only trust tint the Mnnlr in the future will continue to show the same solid and RnK<?tar>ti;il front it is ahle'tn present to the shareholders to-day — (Applause.) As r«sravcl«s the. rate of dividend. T almost wish that such institutions would say it should stop at 8 per cpnh.. nnd that they would not pay more. — (Rear ) The hii/h rates of dividend which have hepn districted by some- banks have, led to undue inflation of shaves, nnd to a q;nod deal of j disappointment when the dividends have cone hack a?ain. It i« a great de-il hotter to have strength and solidttv. A. bank should bo Hie vp.ry centre nf st-xonGrth, Tt is of far more imrmvtftnee to tbe nivsniif-. nnd future shavehnld<?rs *hat this "Bank should stand on a strong and solid foundation, than that we should put before the world fine accounts and bio; dividends. — (^Tvolinse ) T hive s;ren,f-, pleasure in seconding the adoption of the. report. The motion for the adoption of the repoi't and balance-sheet wis the?) put and carried; VOTES OF TRACKS. TheHon H. S. CHA?M\>r iv a very flattevintr spp»ch proposed a vote of thanks to the Chairman and Board of "Direefnrs. to Mr Cowie and to the rest of the officers nf the insM f ufcion. The Hon. Captain Fraser seconded the motion. Mv Cowtts : Mr Chairrmn and gentleman, it arrain affords me very^reat pleasure to return thanks for the vote you have so cordially rocpived and passed. Jam satisfied that it will strengthen the h:md« of the pt.iff to fi-id that their efFovts aye appreciated. These votes from time to time show that the confidence of the shareholders is rppo.sed in the executive fov the time beinc. T believe we have as z vdnu-j, efficient, and good a stnff. for if,q size, as is to be found in any bank in the Colony. — f Applnnsp ) ■ELECTION OF nTRKCTOR, &O. ~\Tr .Tnmi"s Rnttr.iv wis "Irefprl a Director in room of the fTon.'l\r;ifcfrhew Holmes, who retired. Messrs W. P. Sheet and T. T. Tiitchie were elected Auditors without opposition. The meeting closed with the customary vote of thanks to the

Special Advertisements. ]U"W. T. T. 'RITC IT T E begs to intimate that he has made arrangements whereby he is enabled to undertake all Agency business on favourable terms ; and in particular — The purchase or sale of land. The buying or disposing: of shares in any Public Company. The investing and borrowing of money. The purchase of Station requisites, inclnding fencing wire, &c. The indenting or purchasing in the Colony, Steam "Engines, Thr.-ish-i~\;r Mills, (i.!i'l othev Machinery. The disposal of properties by auction, and the bringing of land under the Transfer Act Avail be entrusted to competent and reliable parties. All communications by telegram or letter will receive prompt and careful attention. Offices : Colonial Bank Buildings. Dunedin, Nov. 25, 1878. 900 np'rlE COLONIAL INVESTMENT AND AGENCY COMPANY OF NEW ZEALAND (LIMITED). Capital - - - £500,000. Head Office, - - Edinburgh. Head Colonial Office - Dunedin". Money advanced on approved securities at current rates of interest. T. T. RITCHIE, Colonial Manager. 902 Office: Colonial Bank Buildings. p V. B R E W E R, DRAPER, CLOTHIER, AND BOOT3ELLE I. Has just added to his stock a well selected assortment of Boots and Shoes from the best manufacturers in Dunedin and Christchurch, which, together with Drapery, Clothing, and Fancy Goods, will be sold at TOWN PRICES.

The installation of officers in the Home of Love Lodge, 1.0.G-.T., Clinton, took place on Monday last, and was conducted by Bro. Rev. 0. Connoj, l),Gr. W.C T. The officers installed are : Bro. F. Lingo, W.C.T. ; Bro. P. Fanning, W.y.'C; Bro. W. Cawihorne, W.S.; Bro.il. Ellison, W..F.5. ; Bro. H. G. Clifford, W.T.; Bro. John Williams, W. M ; Bro. C. Connor, W.C ; "Bro. 0. Price, W.1.G.; Bro. Alexander Stewart, W.0.G.; Sis. Double, W.R H.S.; Sis Hay, VV.L.ET.S.; Bro. Selby, W.A.S;; Sis. Mai"colm, W.D.M.; Bro. M'Cready, *v.. Cap.; Bro. Millican, P. W.C.T. It is very 'gratifying to-sue the Lodge in such a prosperous state and Bus working order. New members are being initiated almost at every meeting, and altogether the Good Templar element ia assuming a marked ascendency in the Clinton district.