PASTORAL COMPANY'S YEAR
WRIGHT, STEPHENSON AND CO.
The twenty-seventh animal meeting ,of the members of Wright, Stephensou and Co., Ltd., was held at the head office of the company, Wellington yesterday, in the presence of a large number of shireholders. Reference to the annual report of the. company was made in this columu on May 17. . The profit and loss account, including £27,166 2s Id. brought, forward from last year, showed a credit balance ot £57.024 17s Id From this has been deducted the interim dividend on preference share*, paid .on . October ,5 last, amounting to £6246, and provision for bad and doubtfur debts and unpaid interest, amounting to £98,223,19s Bd, leaving a debit, balance of £46,945,2s 7d, which has .been transferred to reserve account., Feeling reference was made to the death on the Bth . inst. of Mr. ,J. A. Johnstone, -who was a joint .managing director since the formation of ttie company, and had' been risociated with! the business for the past fifty-eight years. . ~ > ■. ■ Messrs. John Macdonakl. ,H. A. Price, and W. M. Shand, the retiring directors, were re-elected.. • " Messrs. Barr, Burgess., and Stewart were, reappointcd auditors. '
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https://paperspast.natlib.govt.nz/newspapers/EP19330524.2.128.3
Bibliographic details
Evening Post, Volume CXV, Issue 120, 24 May 1933, Page 12
Word Count
188PASTORAL COMPANY'S YEAR Evening Post, Volume CXV, Issue 120, 24 May 1933, Page 12
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