ASHBURTON GAS
The directors of the Ashburton Gas, Coal and Coke Company, Ltd., in the 57th annual report, recommend payment of a dividend at the rate of 7 per cent, per annum. The report adds that the appropriation account shows a credit balance of £3261 Is Bd, which the directors recommend should be dealt with as follows:—To write £732 6s 9d off the plant accounts for depreciation; place £200 to the reserve account on deposit: add £150 to the renewal fund; to absorb £1671 3s Id on the payment of the dividend; and to carry the balance of £507 11s 4d forward.
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https://paperspast.natlib.govt.nz/newspapers/EP19351104.2.163.22
Bibliographic details
Evening Post, Volume CXX, Issue 109, 4 November 1935, Page 12
Word Count
102ASHBURTON GAS Evening Post, Volume CXX, Issue 109, 4 November 1935, Page 12
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