LEYLAND-O'BRIEN TIMBER.
.The directors of the Leyland-O'Brien Timber Company, Ltd., in their thirtyfecond annual report, state that the profit ;arned for the year ended 30th September unounted to £12,561 3s 6d; balance jrought forward'from 1928, after transferang £14,603 12s 6d to reserve fund, was £47,082 0s lOd, making a total of £59,643 (s:4d. The timber trade is still experiencing very difficult conditions. The folpwing appropriations are recommended to shareholders: —To payment of a dividend }f "Is 8d" per share (free of income tax), Ifld of which was paid in April last, £10,000; to directors' honoraria;" £600; to ;arry forward £49,043, 4s 4d. Sir George Elliot (chairman) and Mr. S. ET. Leyland retire from the board of directors, but are eligible and offer themselves Sbr re-election.
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Evening Post, Volume CVIII, Issue 115, 11 November 1929, Page 12
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125LEYLAND-O'BRIEN TIMBER. Evening Post, Volume CVIII, Issue 115, 11 November 1929, Page 12
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