GEAR MEAT COMPANY.

New Zealand Mail, Issue 1191, 28 December 1894, Page 42

GEAR MEAT COMPANY.

The following is the report to be submitted to the shareholders of the Gear Meat Preserving and Freezing Company of New Zealand at the ordinary general meeting on Thursday, 3rd January : In submitting the balance-sheet and profit and loss account for the year ended 30th November, 1894, your directors are gratified at being able to congratulate you on the successful results of the year's operations. The balance available for appropriation, after due allowance for depreciation, &c, is .£7734 9s 6d, which the directors recommend to be apportioned as follows:—In payment of a dividend on the paid up capital of the Company (of which an interim dividend for the halfyear ended 31st May has already been paid), .£4600; to be carried forward to next year's account, .£3134 9s 6d. The reserve has been increased by .£IOOO, and the insurance reseive by £487 lis lOd, making the total of the reserve accounts, ,£23,487 lis lOd. The retiring directors are Messrs Gear, Greenfield and Sir Patrick Buckley, who, being eligible, offer themselves for re-election. The auditors, Messrs D. T. Stuart and R. T. Badham, also offer themselves for re-election.