BANK OF N.S.W.
TROUBLE OVER DIVIDEND.. ;
/'(Press AesQciatipn.) - . CHRISTCHURCH. -Feb, ,20. Mr. ..Sandstoii, chairman of tfie committee set up at a ~mooting ol Christchurch sharchpldecs Bank of New, South AV ales, held last Monday,' made the following statement on behalf of -the committee: ‘‘At a-mcetiiig-.of the. bank’s, shareholders field; in Sydney m- May, ll'2-l the deeed of tettlcinent ' was altered, and reads, in connection-with divi&eiids 1 And all cUvldohds after Jo -accrue! -ou. ;tfie ; . shares ing on the several, sljaro. /vemsters shall be- payable only at‘ the office ol* tlic •• company 'Where. {filch.• >sep ar i a , registers shall bo kept respectively. “The committee lias considered the clause,, and is of/the/opinion ■.tha.t the bank must pay dividends iii full, and requests shareholders not to at cept any lessor sum -than a, 9s pfer share - dividend.” -V'-'
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Bibliographic details
Gisborne Times, Volume LXXII, Issue 11451, 27 February 1931, Page 7
Word Count
136BANK OF N.S.W. Gisborne Times, Volume LXXII, Issue 11451, 27 February 1931, Page 7
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