BANK OF NEW ZEALAND.
HALF=YEARLY MEETING.
INTERIM DIVIDEND OF 6 PER CENT.
[BY TELEGRAPH. —PRESS ASSOCIATION.]
WELLINGTON. Friday. The half-yearly meeting of shareholders of the Bank of New Zealand was held this morning, Mr. Harold Beauchanip, chairman of director?, presiding.
There being no other candidate, the chairman declared Mr. William Watson, the retiring director, re-elected as one of the shareholders' representatives on the board. The chairman referred to the fact that the death of Mr. Martin Kennedy left Mr. Watson in the position of senior director, the latter having been continuously watching over the bank's interests foe over 22 years.
The chairman stated that the results of the bank's work during the half-ye»r ended September 30 had been found to he satisfactory. The profits earned justify the usual distribution, and an interim dividend of 6 per cent, was accordingly now declared in respect of lwith preference and ordinary shares.
The meeting passed a vote of thanks to the directors and staff.
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https://paperspast.natlib.govt.nz/newspapers/NZH19161209.2.78
Bibliographic details
New Zealand Herald, Volume LIII, Issue 16408, 9 December 1916, Page 11
Word Count
161BANK OF NEW ZEALAND. New Zealand Herald, Volume LIII, Issue 16408, 9 December 1916, Page 11
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