INVESTMENT COMPANY
The annual report of the Wellington Investment, Trustee, and Agency Co., Ltd., to be presented at the annual meet-* ing next Friday, states that, after- placing £394 to reserve and making further provision for the writing down of the value of the company's holding of debenturos and inscribed stock, there is a profit of £5331 14s Id. An interim dividend of £3 was declared and paid in January, and it is now recommended that a further dividend of 3' per cent, shall be paid, making 6 per cent." for the year, and a bonus of 1 per cent. This' will absorb £4340. Of the balanceof £991 14s Id the Board of Directors recommends that £106 19s lOd be placed to reserve, making the balance ot that account £20,7C0, and that £8&5 14s 3d be carried forward.
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https://paperspast.natlib.govt.nz/newspapers/EP19210722.2.26
Bibliographic details
Evening Post, Volume CII, Issue 17, 22 July 1921, Page 4
Word Count
138INVESTMENT COMPANY Evening Post, Volume CII, Issue 17, 22 July 1921, Page 4
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