SOUTHLAND FROZEN MEAT GOY.
-#■ ANNUAL MEETING. 8T TELEGRAPH— PEE PEESS ASSOCIATIONINVER CAR GILL February 14. At the annual meeting of the Southland Frozen Meat and Produce Exporting Coy., on Saturday the annual report showed that the net profit for the year Vad been £599]. 17s. ."id. which, with the amount carried forward from the prevous year, left £14,709 to be dealt with. The directors recommended that the lalance be applied as follows: To payment of a 3 per cent, dividend"* and 3 per cent, rmnns on the p.ud up capita 1 , °.nc' to '-..irry forward the bs;lar.<e ■'.■^..■'-ii. 1 J'he Chairman :Mr. .I'.hn McQueen) nove.l t'i" adopt" (.'ii of the balance •■rot which was carried. The seconder s - :^! that they were ■In, <•;!"<.•; '!:<■ m.i'riiena ric; of tiioir ■■uii.i'iigs n?;<! phiiit t.i current .reveni!o ; sad had a reserve !"'=tid. Tho di 'idend ■\a.: too s:;me as the l.isl t>vr< years, and they would all agree that an S per •ml. di vide. 'id avis \. > r y saiisfa^lery. Vhcy had ;* r;-s;-r.-o of i'M.'f'O t'.ir fire i?;siirat!Ci>, and another £22.000 available should anything go wrong with the r-.ompany — a very remote possibility.
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Bibliographic details
Grey River Argus, 15 February 1915, Page 3
Word Count
188SOUTHLAND FROZEN MEAT GOY. Grey River Argus, 15 February 1915, Page 3
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