DIVIDEND CONTROVERSY
BANK OF N.S.W
“MUST PAY IN PULL’’
(Per Press Association.) CHRISTCHURCH, this day. Mr. Sandston, chairman of tho committee set up at a meeting oi Christchurch shareholders in the Buna o 1 New South Wales, held last Monday, made the following statement on behall of the committee: “At a meeting o the bank’s shareholders held in Sydney in May, 1924, the deed of the settlement was altered and reads, m connection with dividends: ‘And all dnidends hereafter to accrue on the shares standing on the several share registers shall bo payable only at the office of the company wihere such separate registers shall be kept respectively. “The committee has considered tho clause, and is of the opinion that the bank mast pay dividends in full, and requests shareholders not to accept any lesser sum than a9s per share div identl.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19310226.2.44
Bibliographic details
Poverty Bay Herald, Volume LV, Issue 17502, 26 February 1931, Page 7
Word Count
142DIVIDEND CONTROVERSY Poverty Bay Herald, Volume LV, Issue 17502, 26 February 1931, Page 7
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in