GENEROUS EMPLOYER.
£IOO,OOO FOR WORKPEOPLE. GIFT ON 50TH BIRTHDAY. Australian and N.Z. Press Association. (Received May 19, 6.25 p.m.) LONDON, May IS. Mr. Louis Sterling, managing diifctor of the Columbia Gramophone Company, has made a gift of £IOO,OOO to 1000 employees of the company, in celebration of his 50th birthday. The employees are in eight different countries. Their shares are in proportion to the length of their service. Mr. Sterling says he had given the same amount by his will, but decided that it was no use to wait until he was dead. It would be of more use to the recipients now than at his death.
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Bibliographic details
New Zealand Herald, Volume LXVI, Issue 20259, 20 May 1929, Page 11
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107GENEROUS EMPLOYER. New Zealand Herald, Volume LXVI, Issue 20259, 20 May 1929, Page 11
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