SIR WILLIAM MORRIS
A REMARKABLE CAREER. SUCCESS OF MDTOR FIRM, (British Official Wireless.) (United Press Association.) ■ (By Electric Telegqaph—Copyright) RUGBY, March 29. (Received March at 5.5 p.m:) Sir William Morris, motor manufacturer, is at last to receive a dividend of 10 per cent, free of tax, amounting to £200,000. He had during his first three years enabled Morrisi Motors, Ltd.,' to build up a reserve fund of £2,000,000 of ordinary capital, which he holds, .The ■ net profits of, the company for the past year, are £1,285,000, about the same as that in the previous year. Sir William Morris began his career in a small garage at i Oxford before the ■ war, and nis firm is now the largest producer among British car makers.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19300401.2.60
Bibliographic details
Otago Daily Times, Issue 20990, 1 April 1930, Page 9
Word Count
123SIR WILLIAM MORRIS Otago Daily Times, Issue 20990, 1 April 1930, Page 9
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in