AUCKLAND GAS COMPANY.
Auckland. Feb. 6. The forty ninth annual meet ini >f ihe Auckland 1 Jas Company, imit-'d. was held to-day. a good ittendance of shareholders being icsi led over by the chaiiman »• directors (Mr. Peacock). Mr. Peacork, in moving tK* adoption of th-.- report and halamehcet. r< marked that the reduction it th ' price of gas indicated at lasr ■ nnual meeting had been given ef;rrl :<> sim-e March List.
it w.i-. gratifying to imte that not-v>>‘-standing the reduction iii.price h*- rve-ipls from the sale of gas mm-.ited to £11?,.220. being an in rease of The i umber •>< • • rs hail imrea.M-l by ITl*.*. naking a total of Ih.STs. ; The •rofirs for the year, after deducting Aciking expenses, --(ist of repairs ■nd >■ newah. management ex- • -iis‘-s. interest on borrow, d iii<>ii -y. ba ! deb’s, and other charge;amounted to Cl 1.021. The direct .< s recommended a dividend fo. ! <■ pa-t halt year of 1 U> a shar m the El fully paid-up shares, an ' i pH port innate div idem! on tit* • paid no ontribuling shareiLs or-iing £ iM.-ib.y 15--I. which sum Hided to the dividend paid in Juh 'asr. i 7... £l>.2*'3 I t. amounts t<> 16 b. leaving a surplus cm hr Business of the company for the ear amounting to £t;-_’.‘?, ! ‘i The rrnort was adopted.
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Bibliographic details
Hawke's Bay Tribune, Volume I, Issue 48, 7 February 1911, Page 3
Word Count
215AUCKLAND GAS COMPANY. Hawke's Bay Tribune, Volume I, Issue 48, 7 February 1911, Page 3
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