NATIONAL BANK
ISSUE OF NEW SHARES. (Bt TItt,«6RA*H— WIKSS ASSOCIATION.) CHRISTCHURCH, 24th Jan. The present capital of the National Bank of New Zealand (which is issuing a hundred thousand £7 10s Rha*ea, on which £2 40s will be called up) is 200,000 of £2 10s, representing £500,000. The issue of new shares will represent £150,000, making the paid-up capital £750,000. It ie understood that the flew shares will be iseued at once-. It has been decided to issue the new /shares at £3 15e, that is, ,£2 10s capital and £1 15s premium. It is understood that the payments will be spread over three quarterly instalments of £1 5s each Payment may be made in full on 2nd April, which will carry a dividend for &?* *m yeiU< - ° ndin i g 30th September, 1913. If, ac ib anticipated, the premium on the new shares be added to the ft^ «« r€6CTV^. the latter will eta "d at £625,000, making the bank's paid-up capital and reserve £1,375,000.
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https://paperspast.natlib.govt.nz/newspapers/EP19130125.2.85
Bibliographic details
Evening Post, Volume LXXXV, Issue 21, 25 January 1913, Page 11
Word Count
164NATIONAL BANK Evening Post, Volume LXXXV, Issue 21, 25 January 1913, Page 11
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