McKenzies Have Profitable Year
[Per Press Association. —Copyright.! WELLINGTON, This Day.
In moving the adoption of the report and balance-sheet at the annual meeting of McKenzie’s Department Stores, Ltd., Sir Charles Statham said that, in producing a profit of £85,352, they had provided for taxes to the extent of £42,618. Shareholders would realise from that just what a hungry sleeping partner they had in the State. He mentioned also that shareholders on the register for the full year would receive 18 per cent, on their capital.
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https://paperspast.natlib.govt.nz/newspapers/NA19380527.2.128
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Northern Advocate, 27 May 1938, Page 9
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86McKenzies Have Profitable Year Northern Advocate, 27 May 1938, Page 9
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