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ROSLYN MILLS SAVINGS BANK AND BENEFIT SOCIETY.

The transactions of the Roslyn Worsted and Woollen Mills Savings Bank, which was inaugurated in July 1890 with a view of encouraging thrift amongst the employees and with the desire to help them to improve their own position, have ag»iu during the past year given evidence of the h:«h appreciation by the employees of the efforts of the promoters on their behalf. .At the annual mectiug of the committee, held at the mills on tht; Hth inst., the secretary (Mr Walter Smith) presented the report for the financial year ended November 30, which showed the balance to ths ci-edit rif depositors on that riate to be £:'5% as against £2081) on tlm 30th November 1893. Messrs Buss and Glenuining, proprietors of the mills, hays again given a. handsome bonus of £101) (instead of £50 as promised), in addition to allowing a very liberal rate of interest. The interest and bonus combined have yielded during the past y«ir on deposit? over 10s anil under £20, 2112 per cen';; on deposits over £20 and under £50, 1275 per cunt. ; and on deposits over £50, 9\34 per cent. In addkion, a special bonus has been given to deposit-ire who have made regular deposits during the year and who have withdrawn no sums of money during that period. At the anuuil general meet.n? of the members of tbe Roslyn Worsted and Woollen Mills Yearly Benefit Society, held at the mills on the 21 st inst., Mr Walter .Smith presiding, the secretary (Mr 3. \V. Parkinson) submitted the report of the committee together \vi:h the balance sheet for the year, which were unanimously adopted. The members' fortnijhtly contributions amounted to £211, and the payments made as sick and funeral allowances totalled £81. To the balance is added the annual bonus of £50, given by Messrs Ross »nd Glendiuing, which, toother with interest, represented the sum of £176 available as a. divi3™d. The election of ofiiue-bearers for the year IBs*s resulted as follows .-—President, Mr 11. Gleniining; vice-president, Mr K. O. (ilendinin?; treasurer, Mr Walter Smith ; secretary, Mr J. W. Parkinson ; committee—Messrs James Dtilriel, John Faulds, W. D. Davis, James Walker, loseph stanhope, A. C. Bennett, John Kiddlp, lames M'Naußbton, Henry Halliday jun., Henry Beesley, William Sbarp, John Ovens, Adi\m rhomson, William Taylor. TO DARKKN 6KEY HAIR. Lockyer's Sulphur H»it Restorer, quickest, lafest, best; restores the natural colour. Lockers the real English Hair "Restorer. Large )ofcfclea Is 6d everywhere.—[AnvT.]

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT18941225.2.35

Bibliographic details

Otago Daily Times, Issue 10241, 25 December 1894, Page 4

Word Count
410

ROSLYN MILLS SAVINGS BANK AND BENEFIT SOCIETY. Otago Daily Times, Issue 10241, 25 December 1894, Page 4

ROSLYN MILLS SAVINGS BANK AND BENEFIT SOCIETY. Otago Daily Times, Issue 10241, 25 December 1894, Page 4

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