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NEWTON KING, LTD.

■Kewtoa i Kiiigi Ltd.',, stock and .station company,' New' PlyhioutH, report' net trading: profit for year,* £1582;. amount brought forward to ■ the credit of profit aihd losa appropriation' account from: last year^, £12^7; amount at credit: of general reserveVaccount brought down into, profit arid; loss; appropriation, ■ £10,000; '\ total, £ 12,829 v 1 leaving an unfunded deficit of .£36,487 to; be carried forward;: and to: be dealt\with at a lat?r date when the future had; clarified] sufficiently. The fact .that during- &■ most' difficult year tlie! company •had not.lQst.money.cn its trading ,ppera.tions,1' apart from reservations on interest arid-debtors'' accounts, waß.regarded by the directors as an encouraging- feature o£ the,year's workings. 'The directors regretted ; the company's inability to make any payment, to"the, preference, ehai'e' holders on account of. dividend; or'arrears.

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https://paperspast.natlib.govt.nz/newspapers/EP19320721.2.124.12

Bibliographic details

Evening Post, Volume CXIV, Issue 18, 21 July 1932, Page 14

Word Count
129

NEWTON KING, LTD. Evening Post, Volume CXIV, Issue 18, 21 July 1932, Page 14

NEWTON KING, LTD. Evening Post, Volume CXIV, Issue 18, 21 July 1932, Page 14