SOUTH KALGURLI AFFAIRS

New Zealand Herald, Volume LXXV, Issue 22968, 21 February 1938, Page 7

SOUTH KALGURLI AFFAIRS

special MEETING CALLEP

{lie dirpctprs pf j?p||t}| lalgHl'll Cp)i----f-njjdated, Linptedi wlpel? pperates ip Western Australia with heaflqnarter s in I-jpndpn, have eajlpd ap pxtraPl'dipary meeting pf tjie ppmpany for Ma.v PftTim meeting l»as hppn ealiprl at the request, pf a nnmher or sharphnlders. A pirenlar hy thp d'reptflrs states that the hpard's ppljpy has always hppn to secure that tl|p grpptpst ppssijdp gradatipp pf pre takps p|acp. i'hpy copsidpr that a realisation and flistrihiition pf the rpmnany's jnvpstmcnts wppld he inftdvisahle os- it was psspntial tp retain substantial funds for pxpjpration pf the Hammilt leaseI'liP pirpiiliiF filsp statps thfit jt transferpppp of the epmpany's rpgistpr tp Australia would nnt savp taxatinn: Jaharpliplilers were urged tp vptp agnmst the resolution tp form a local hoard in Australia with full powers pf apppjnfilHMlt.

]t was stated ip the Fiqanc-ial Tipies rpcpptlv: shfirpfeoHicrs do nqt pt'tpp carry antngnnism to sucji lepgtlis as to prnnnsp 'tiiP distribntipp of iiqnid asspts, which Wppld he inconipatimp with an cxtpnsion oi opprarions-''- . . .\pponnts pf the pnippan.v for tjie year ended March ill, ]!l*lh slnpypd a_ profit ot as against m t|)P prpyipiis year- Ift v idends leu f}°m jls fid tp 2s a share- The latest intprim dividend pf is a share was paid on ,1a unary 14-