FINANCIAL.
WOOLWORTHS PROPERTIES, LTD.
The statutory report of the directors of Woolworths Properties, Ltd., for presentation at tho mooting of shareholders at Sydney on September 13, states that the total number of shares allotted to August 9 is 546,697, made up to 296,697 6 per cent, cumulative preference shares of £1 each and 250,000 ordinary shares of £1 _ esch. The total amount of cash received in respect of the shares is £168,016 11s, made up as follows: 296,697 cumulative preference shares paid to 10s a share, £148,348 10s, and amount paid in advance on these shares £7161 Bs, a total of £155,509 18s; 249,993 ordinary shares of £1 each, paid, to Is a share, £12,499 13s, and seven ordinary shares, fully paid, £7, a total of £12,506 13s. No shares were issued for a consideration other than cash. Payments include: Purchase of freehold, perpetual leasehold, properties, lifts, ventilation plant, etc., £314,493 9s lid, less Woolworths, Ltd., to amount due, £15.3,738 6s lid, making £160,755 3s; preliminary expenses, £100; balance on hand, £7161 ‘Bs. ' , . . .. , The company has an authorised capital of £2,000,000, in 1,750,000- 6 per cent cumulative preference shares of £1 each and 250,000 ordinary shares of £1 each.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19380830.2.41.8
Bibliographic details
Manawatu Standard, Volume LVIII, Issue 232, 30 August 1938, Page 5
Word Count
199FINANCIAL. Manawatu Standard, Volume LVIII, Issue 232, 30 August 1938, Page 5
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