WARD AND CO.
The 46th annual report and balance-sheet b£ Ward and Co., brewers, states that, acting on authority given by shareholders to the directors at the last annual meeting, £4000 out of the amount carried forward has this year been credited to the mortgage depreciation reserve," and this account now stands at £11,000. The balance to the credit of profit and loss account for the year, after payment of the interim dividend of £5000 in January last, amounts to £52GG 6s, and it is recommended that the payment of a further dividend be made of Is per share, for -the half-year ending the 30th June, 1927, leaving a balance of £266 6s to be carried forward to next year's accounts. Mr. Robert Shand retires from the board by rotation, and being eligible for' election, offers himself accordingly. Warrants for payment of dividend if approved by the meeting will be posted to shareholders in due course.
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https://paperspast.natlib.govt.nz/newspapers/EP19270728.2.101.2
Bibliographic details
Evening Post, Volume CIV, Issue 24, 28 July 1927, Page 14
Word Count
156WARD AND CO. Evening Post, Volume CIV, Issue 24, 28 July 1927, Page 14
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