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ABRAHAM AND WILLIAMS

ANNUAL MEETING HELD. The thirty-sixth annual general meeting of the shareholders of Abraham and Williams, Ltd., was held at Wellington on Monday, Mr. R. S. Abraham presiding. The prolit and loss account showed a credit balance of £16,663 2s lid, to which has to be added the amount brought forward from last year, £15,195 9s 3d, making a total available for distribution of £31,858 12s 2d. Out of this sum the interim preference dividend for six months was paid on April 30 last, amounting to £2050 10s, leaving a balance to be dealt with of £29,808 2s 2d. A dividend of 4 per cent, on the ordinary shares was declared, and the fixed payment to the preference shareholders was adopted, leaving a balance of £19,268 16s 2d to be carried forward to next year’s accounts. Messrs. R. S. Abraham, R. W. Steel and S. R. Thomson, the retiring directors, were re-elected. Mr. P. L. Sim was appointed auditor for the ensuing year.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19371118.2.127.6

Bibliographic details

Wanganui Chronicle, Volume 80, Issue 274, 18 November 1937, Page 11

Word Count
165

ABRAHAM AND WILLIAMS Wanganui Chronicle, Volume 80, Issue 274, 18 November 1937, Page 11

ABRAHAM AND WILLIAMS Wanganui Chronicle, Volume 80, Issue 274, 18 November 1937, Page 11

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