SHARLAND AND COMPANY, LTD.
CHAIRMAN’S REVIEW. [Per Press Association—Copyright! WELLINGTON, This Day. The annual meeting of shareholders of Sharland and Company, re-elected the retiring directors, Mr A. E. Mabin and Lt.-Col. A. A. Corrigan, and also, the auditors, Messrs W. Jack (Wellington), A. and J. Grierson (Auckland), and W. E. C. Reid and, Co. (Dunedin).
Reviewing operations, Mr Mabin said that stocks‘were lower by £7lßl. but this was only temporary. A mortgage of £15,000 on the Auckland premises had been paid off, and all the company’s properties were now free of liability.
The report and balance sheet were adopted, carrying with them the immediate payment of per cent dividend, on both preference and ordinary shares, making 5 per cent for the year.
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Northern Advocate, 10 November 1934, Page 15
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122SHARLAND AND COMPANY, LTD. Northern Advocate, 10 November 1934, Page 15
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