Public Companies. (Anglo New Zealander )
SHAW, SAVJLIi, AND ALBION COMPAMT. The ropwt ..f Shiw, SavlH, and Albion Company for the j ear eaui-g tho 31sb Decomber Icsfi ihows a nod pn fifi of & 2, -,08, after writing of! dep:eeiation in a.wj dance with tho articles of association, solar ac r'ga^a the Bailing ship-, and a- 6 rer cent, on the teamere. From ft«i 3 am-unt the directors recommend the paymont of a dividend at tho lato of 5 per co.it., free of sncaina tac, which will übiorb £18 465 le.iviuj.' a balance of £1 4?, which tho dircciora pre* paio to carry t -wards the coimnenceinent or a reserve fund. At a mettm,,' o? e>nm>ho!dera held on the 22nd nisi the report was adopted.
OTAHO AND SOOTQLAnD INVESTMENT COMPA V 'J ho report of One Ota^o and Southland Investment Cnninany atat s tua', Ihj n.t prcfli for the vow ended 31»t January, iiiclndiug £1369 brought «O! ward from last new nt, amouut* u> &<2,5U. De'luc'itig the sum of £7600 pilrf oti the 6th o! November laat aj an interim diviie.idadthi rate of L 0 per coot per annum, there r^malna for distribution the sum of £i 5 05<, which the oir- cvin recommend to ho app ied aj follow viz • £7500 in payment of a JiviJood for the half 'year 'at Sue rato oi 1 ncr cetit. pev annum, £3750 in payment cf a bonus <,f 2J per cent , making a di.trbufclon for tho year of 1«£ per cent., freo o( inco i c tax, and the palai.co of £MA to be caired forward to next acecmut.
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Bibliographic details
Otago Witness, Issue 1751, 13 June 1885, Page 19
Word Count
267Public Companies. (Anglo New Zealander) Otago Witness, Issue 1751, 13 June 1885, Page 19
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