QUILL, MORRIS (1936), LTD.
Mr. J. S. Middleton, chairman of directors, presided at the annual meeting of Quill, Morris (1936), Ltd., held in Christchurch. In moving the adoption of the report and balance-sheet, he said that the year had been good and trading results were in accord with increased spending power of the community and the enterprise displayed by the company's officers and staff. All departments showed commendable results; the greatest progress having been made in wines and spirits, closely followed by increased sales of aerated waters and cordials. The company stood in a very sound position, said Mr. Middleton. After making full provision for depreciation, income tax, and general reserve, there was a balance of £696 8s 3d, which the directors recommended should be applied to payment of a second and final dividend of 2£ per cent., making 5 per cent, for the year. The report and balance-sheet were adopted and Mr. Middleton was re-elected.
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Evening Post, Volume CXXIII, Issue 48, 26 February 1937, Page 12
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156QUILL, MORRIS (1936), LTD. Evening Post, Volume CXXIII, Issue 48, 26 February 1937, Page 12
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