OPERA MOUSE COMPANY

New Zealand Times, Volume XXX, Issue 6490, 9 April 1908, Page 2

OPERA MOUSE COMPANY

ANNUAL REPORT. Thft annual report of the directors of the Wellington Opera House* for the year ending March 31st, 1908, recommends that a dividend of per, oent v and the usual bonus of £lO5 to the directors be declared, both to be payable on or after. April 15th, 1308. The retiring; directors. Mosers Barber and Gilmer, offer them-' selves for re-election. During tho ymi the. sum of JC265, lbs 2d was expended bn alterations and improvements, but this is an item of expenditure which will not recur for some, years to come. The Opera House has been leased to Mr J. C. Williamson on highly satisfactory terms, so that shareholders may expect regular dividends for eom© time. Tho retiring auditor, kr M. Lyon, also offers himself for re-election. BALANCE-SHEET. LIABILITIES.

Capital, 4000 shares at £5 Mortgage, Onha street Extension Sundry creditors Insurance Profit and loss £ 20,000 1,512 35 357 2.903 ASSETS. £24.507 Freehold land and building's ... Onha street Extension Furniture and fittings TTnexpirocl insurance Sundry debtors Bank 19,365 1,503 550 148 209 2.942 £24,807 PEOFIT AND LOSS ACCOUNT. Dr. JMvidend 8 per cent Intorsrst Insurance Transfer insurance account ... General charges Directors’ fees City rates , Alterations and improvements... Secretary's salary Custodian's wages Balance v 1,6C0 17 240 71 221 105 165 ‘ 266 • 85 132 ■ 2,903 ' Or. £5.ECS Balance last year ... Eonta * . 1.705 . 4,103 Total . £5,808