LEYLAND.O'BRIEN DIVIDEND.
Directors of the Leyland-O'Brien Timber Company, Ltd;, Auckland, report a net profit of £11,588 2s 6d for the year ended 30th September, compared with £11,961 for last year.\ The balance brought forward from 1927 was £49,043 4s id, totalling £60,----631 6s lOd. The directors report that "the timber'trade is still finding conditions very difficult." They recommend the following appropriation:—Payment of a dividend of Is 8d per share (free of income tax), lOd of which, was paid in April last, £10,000; to directors' honoraria, £600; and carry foi> ward £50,031 6s lOd.
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Evening Post, Issue 113, 10 November 1930, Page 12
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93LEYLAND.O'BRIEN DIVIDEND. Evening Post, Issue 113, 10 November 1930, Page 12
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