NELSON BROS.' DIVIDEND.

Hawera & Normanby Star, Volume XLII, Issue XLII, 20 October 1922, Page 8

NELSON BROS.' DIVIDEND.

LONDON, Oct. 18. I Nelson Brothers have declared a dividend of twelve per cent., tax free.

The 61st anniversary of the founding. <of the Bank of New Zealand fell on Monday, business having been commenced on October 16, 1861, in Auckland. This city continued to be the headquarters of the bank until about :a quarter of a century ago, when the head office was removed to Wellington. The bank was incorporated by an Act •of Parliament with a capital of £500,----000. The board, of directors at the time comprised: Mr. James Williamson Dr. (afterward Sir) John Logan Campbell, the Hon. Thomas Henderson, Messrs. James O'Neill, Thomas Russell, C. J. Taylor, and G. B. Owen. Mr. Alexander Kennedy was general manager and inspector, and the auditors were Messrs. Samuel Browninga nd Captain W. C. Daldy. -