SOUTH BRITISH INSURANCE COMPANY.

Otago Witness, Issue 2275, 7 October 1897, Page 17

SOUTH BRITISH INSURANCE COMPANY.

Auckland, October 1.

The balance sheet of the South British lasu'rance Company, which has jmt been issued, shows a profit for the year ended 31st August of £28,140 12s 3d, which, added to the balance brought forward from last year, makes the amount at the credit of profit and loss £32,050 9s Bd. Out of this an interim dividend was paid in April last of £4847 2s> and the following amounts have been written off — viz. : — Sinking fund, Auckland leasehold, £75 ; office furniture, £364 Is 9d ; loss on securities realised, £89 159 2d ; and £10,000 has been added to the reserve fund, leaving a balance of £16,674 10i 9d, out of "which the directors now recommend the payment of a dividend for the last half year at the rate of 2s per share, making the total distribution for the year 3a 6d per share, which will absorb £6462 16s and leave £10,211 14s 9d to be carried forward to next year's account.

By the Christchurch City by-lawa it is an offence not only to wheel » bicycle on the footpath, but also to leave it standing on any'footpath against a building.

" Many have said their children would have died of croap, if Chambeblain's Cough Remedt had not been given,"' write Kellamand Ourren, druggists, Seaview, Va. come from far and near to get it and speak of it in the highest terms." This is equally true ot this remedy in every community where it is known. Buy a bottle at any leading ch.emiit«. and test itLiourgeljt ~