WELLINGTON TRUST, LOAN, AND INVESTMENT SOCIETY.
The following is the report to to be presented to the meeting of shareholders to be held ou Monday, 3rd February:— “ The directors have the pleasure of submitting balance-sheets which show- that the prosperity of the company continues to be a subject for congratulation. The profits of the year amount to £9240 18s. 7d.,out of which an interim dividend of 5 per cent, was paid ou the Ist day of August, leaving the sum of £6213 2s. 3d. for present appropriation. The directors now recommtnd that a further dividend of 7i per cent, be paid, thus making the dividend for the year 12 J per cent. “ The whole of the new shares have been taken up by shareholders, 5092 at par, in right of shares previously held, and the remaining 190 S at a premium of ss. to (is. per share. “ The directors who retire in rotation arc Messrs. Dransfield, George, and Hunter, of whom only Messrs. Dransfield and George offer themselves for re-election.”
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Bibliographic details
New Zealand Times, Volume XXXIV, Issue 5561, 24 January 1879, Page 2
Word Count
170WELLINGTON TRUST, LOAN, AND INVESTMENT SOCIETY. New Zealand Times, Volume XXXIV, Issue 5561, 24 January 1879, Page 2
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