LOAN AND MERCANTILE COMPANY.
The New Zealand Loan and Mercantile Agency Company, Ltd., has received a cablegram from its head office in London advising that, at the annual meeting held on 9th December, final dividends were declared for the year ended 30th June, 1926, at the rate of 2% per cent, on the 5 per cent, cumulative preference stock, and 4 per cent, on the ordinary stock, making, ,with the interim dividends paid» on 18th June last, a total distribution "for the year of 5 per cent, on the preference stock and 7 per cent, on the ordinary stock, both less 2s in the £ in respect of English income tax. A notice to the New Zealand stockholders regarding payment of the dividend is advertised. A resolution was passed at the meeting increasing the capital of the company by £500,000.
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Bibliographic details
Evening Post, Volume CXII, Issue 140, 10 December 1926, Page 9
Word Count
139LOAN AND MERCANTILE COMPANY. Evening Post, Volume CXII, Issue 140, 10 December 1926, Page 9
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