PERMANENT BUILDING SOCIETY

Nelson Evening Mail, Volume LIII, Issue 81, 5 April 1919, Page 8

PERMANENT BUILDING SOCIETY

A' STCCESSFtjL HAL®.YEAR ‘A.sptecial meeting] of -the * directors ,of •ihe Nelson Permanent- Building Society wasi&ld *ld«t:«y©mpg for the; purpose of Vfee'iViug 1 statenj’ents : iof accounts for Operations efiduig March 3&t. ' ' * , ; ‘"'The accounts presented disclosed a \wry successful i half-year’s business. 'Tper© retnained as profit ayailable for Attribution td shareholders, after providing , for ■, interest due "to depositors, the shin df'£iß29.3s sd. .It wa« de«dA ..to declare profit at the rate of per cent., per atmum, ibsorbing £1565 'lB 3d f> to add £250 to the' reserve fund, bringing this up toi £3650,-and to carry forward the balance of : £l3> 5s 2d to credit of profit’:apd loss account. - I 'Tht loaat account to stand at; £121,981, the highest amount on record. / * . \ ■’The - secretary was instructed to pay out the maturing series of' shares OS, and prepare 'releases ' where necessary THe; maturing shares have a value, of £2O 7s each, and about £SOOO will be to pay out tlie ..aerj^j. . A steady job in burglary ; t , Booze hafi= tien burgling- the people’s: wealth to the time of £5,000,000 fvery year. Thursday next k the day people begirt to get their own back. Strike out the Top-line. ■ ■ ’ - j ' 1 " "- . jj*or Children’s Hackrng Copgh , v.'7' ..Wioda’-'LOwsaf’ Cure-