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.
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Bibliographic details
Wanganui Chronicle, Volume 80, Issue 274, 18 November 1937, Page 11
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165ABRAHAM AND WILLIAMS Wanganui Chronicle, Volume 80, Issue 274, 18 November 1937, Page 11
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