SOUTH BRITISH INSURANCE COMPANY.
AUCKLAND, September' 29. The annual report of the South British Insurance Company states that the net revenue for the year was £388,266 14e Bd. The surplus in the revenue aocount was £58,672 3s 9d, and the credit to the profit and loss account £112,971 3s lOd, out of •which £40,000 is to be transferred to the reserve fund. The directors Tecommended the payment of a dividend of Is 9d ner | share for the half year, absorbing £17,500, ' and a, bonus to the staff of £6500, leaving ! £24,598 9s Id to carry to the new account.^
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/OW19111004.2.131
Bibliographic details
Otago Witness, Issue 3003, 4 October 1911, Page 36
Word Count
99SOUTH BRITISH INSURANCE COMPANY. Otago Witness, Issue 3003, 4 October 1911, Page 36
Using This Item
Allied Press Ltd is the copyright owner for the Otago Witness. 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