FIRST REPORT

Evening Post, Issue 73, 23 September 1936, Page 14

FIRST REPORT

BALLINS BREWERIES (N.Z.), LTD.

The statutory meeting of Ballins Breweries (N.Z.), Ltd., was held at Christchurch on Monday. The appointment of the following provisional directors for the year was confirmed:— Messrs.- T. Aspell, H. I. Ballin O. L. Ballin, E. Boulton, A. W. Douglas, P. N. Quartermain, C. J. Ronaldson, R. Shand, J. M. Stewart. The statutory report, which was adopted, showed .the total number of shares allotted by the company to be 200,510 of £1 each. The total amount of cash received by the company to August 31, in respect of the 180,510 shares issued for a cash consideration was £85,115 7s 6d. Receipts and payments to August 31 included the following items:— Receipts.—Application money on 180,510 shares at 2s 6d a share, £22,563 15s; allotment money received at 2s 6d a share, £20,870; calls paid in advance, £41,721 12s 6d. Sundry receipts include cash sales and cash on ledger account, £5014; balance at bank, <! £35,741. • " •■ • ■ Payments.—Preliminary expenses, 'brokerage, stamp duty, etc., £11,528; ; Victoria Brewery, Ltd., £14,203; Ballin Bros., Ltd., £24,158; land, buildings, ' and plant, £4124; hotel freeholds and • advances oh mortgages, £44,949; purchase of goods, duty, sales tax, etc., £13,878; wages, etc., £2579; general expenses, £469; petty cash, £20. Uncalled share capital is given at £137,076 ss, less calls paid in advance, £41,721 12s 6d, making £95,354 12s 6d.