INTERPROVINCIAL.

Poverty Bay Herald, Volume XLI, Issue 13306, 16 February 1914, Page 2

INTERPROVINCIAL.

(Per Press Association.)

WANGANUI, th?s dayJ. H. Nicholls, of, Mar ton, for forging a series of letter was sentenced to two years" hard iabor and three years' -reformative treatment by Judge 'Edwards at the Supreme Court this morning. • . WELLINGTON, this day. Commenting onl:the satisfactory result'; -of the year's operations the N chairman" of"' the Wellington Gas CompanY, at the t annual meeting to-day, stated that by the payment of the last instalment of the !:, call on ordinary shares that fell due -on ■ the 15th March last the share capital became £235,780 derived from brdin-.-ary shares, and £73,088 from/preference . shares issued, or £308,868 m all, Of which. a sum of £308,584 had been re-'^ ceived lo meet a 5 per cent." dividend dn preference shares, and. the customary - dividend of 10 per ceni^- on "ordinary shares? £27,232 would he re^uire^ each year. The amount carried forward'under the proposals previously submitted now stood at£ 22,498, which '*was*';Btilr' a- Jess sum than the amount' of' one yfear's •dividend, which the Board is /of opinion ought to be m hand, so as to afford pro- : vision for possible contingencies arising s out of the coal and labor difficulties.