MONTEITH'S BREWERY.
i A reduction of capital by the return of 10s a share is proposed in the annual report for the year ended March .31 of Monteith's Phoenix Brewery, Ltd. (Reefton), a holding company in Westland , Breweries, Ltd. The directors state that Westland Breweries, Ltd., liquidated the company's debentures, amounting to £6500, on August 31, and the . company's interest in . Westland Breweries, Ltd., is now confined to 6500 fully-paid 10s shares. The distribution of 10s a share, if authorised, will absorb the money received for the debentures and will reduce the issue capital from £13,000 to £6500. The directors recommend the usual dividend of 6 pec cent* absorbing £780,
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https://paperspast.natlib.govt.nz/newspapers/EP19351009.2.142.18
Bibliographic details
Evening Post, Volume CXX, Issue 87, 9 October 1935, Page 14
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110MONTEITH'S BREWERY. Evening Post, Volume CXX, Issue 87, 9 October 1935, Page 14
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