BANK OF NEW ZEALAND.
HONES OP £SOO VOTED TO Tilt CHAIRMAN.
(Peb Piusb association.) WELLINGTON, Juno 16.
At tno annual meeting of the Bank of New Zealand, during tho discussion of the Chairman's report (published on page 2), Mr T. S. Weston moved that tho directors bo voted a bonus of £3OOO in recognition of their services, and on account of the inadequacy of the remuneration, considering tho growth of tho business and'responsibilities attaching to them. - Tho Chairman could not accept. the motion without notice, and added, more over, that the remuneration was fixed by. laws. , Subsequently tlio Chairman: was,voted a; : bonus of £SOO iu recognition of: _ his services and in view of liis.; visiting: Europe. The Chairman said ho saw no reason under noruiaT conditions why tlio dividend of 15 per cent should not be continued, Tho usual votes of thauk^werfl-pi^ed;;;
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https://paperspast.natlib.govt.nz/newspapers/MS19110616.2.32
Bibliographic details
Manawatu Standard, Volume XLI, Issue 9539, 16 June 1911, Page 5
Word Count
142BANK OF NEW ZEALAND. Manawatu Standard, Volume XLI, Issue 9539, 16 June 1911, Page 5
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