ORERA HOUSE COMPANY.

Dominion, Volume 1, Issue 168, 9 April 1908, Page 9

ORERA HOUSE COMPANY.

/.y.\ !■' ANNUAL REPORT. '; DIVIDEND OP 12 V PER CENT. . Tho annual roport of tho Wellington Opm : House. Company, .Ltd.,■• states, briefly, that tho income for tho i ypar ; " is. fully sot out in''..'• , tho; balance-shcet, 1 and 'tho directors rccom- : ; inondthat a dividend of .12$ per- cont.- and' V tho' usual bonus'; of £105 to thodirectprs Iks declared, and. that such dividend and bonus '. bo mado payable;on. and after' April 15, 1908.; , Tlio retiring directors' are '.Messrs. .Gilmor arid Barber; who,' being eligible* offer'.them-. ■ •:. selves' for re-election. It .mil bo observed' , ;•,: from 'the' Balance-sheet that. tho.board- havo ■ paid during, the. last year iii alterations and ' . ' improvements a.further sum of ££05 lis.- 2d. This will probably bo all that will bo necessary tinder'this- head for som4 timo to come. / The board havo to announce/that : a- leaso of the Opera Houso' has been granted to Mr. - J.' C. Williamson on terms tlmt. arc satisfactory, and shareholders havoovcry reason to anticipate regular, .dividends for some tini<> , to. come.* Tho retiring auditor is-Mr. H. M. byon, and ho oifcrs himself for're-elcction... .- ' Tho bnlarfcc-sheet is as' folldwsLiabilities.— shares at £5, : £20,000 mortgage Cuba" Street Extension, '• £1515'9,5.\4d-.; sundry creditors. £35; insur- uy ance, : £357" : oa. lid.; profit"' and' less; £2903 6s.'Sd.; total)i£24,Borl6s.;ild> : , ifrcchold land ' and building, ' v ■ £15),365.; 'Gulk''Street;,Extension, £1502 165.'.. 2d. r ; furnituro '-and;fittings, £550;'85. -Bd.;' lin- \ ' exprted i-portion insurance, .£l4B' ,13s. 4d.; ," ' sundry debtors, £209 35.; bank, £2941 14s. ... v 9d.; : total, £24,807 16s. Ild. Profit and Loss Account. —Di\— I To i divi- ' dond at'B per cent.,' £1600; interest,' £17 9s. 6d.; insurance, £240 ;• transfer to insuranco account. £70 17s. 6(1.; general charges, :. '' £220 12s.'lid.-; directors- fee 6, £105; city ■ ; rates, £108 9s. 4d.; alterations and improve-' a;.' merits,•••£26s lis.'; 2d.; secretary's salary, v.V £85 ;■ custodian's wages, £132 10s.; balance, / £2903 Gs. Bd.; total,'£sßoß 17s. Id. Cr.— By. balance• expendituro; arid income account, last year,. £170o; rents, £4103 17s, ld.j v., total, £5808 17s. Id.'; balance, £2003 6s. Sd.;., '