SCOULLAR COMPANY, LTD.
DIVIDEND OF « PER CENT. I'he directors of Hie Scoullar Company, Ltd., Wellington, in their report for the 12 months ended April 30 state that the profit and loss account shows a net profit from the yeai\ trading of £3624 Ils, which, with the balance of £ll4O 15s 7d brought forward, makes available the sum o: £4765 9s Id. The directors recommend the payment of a dividend of 6 per cent., absorbing £1373 0s 10d, leaving the balance, after providing for income and social security tax and directors’ lees to be carried forward. The retiring director.;, Messrs. W. E A. Gill and S. J. Castle, offer themselves for re-election. I -‘ssr.'l Pat. trick, Feist, and Jack offer themselves for election as auditors. The balance-sheet shows liabililic; as follows: Paid capital, £22,884 doubtful debts reserve, 500; moil gages, £23,800; bank overdraft. £23,• 195 10s Id; bills payable, £lOO7 lh lid; creditors, £8770 12s 2d; protit am loss, £4765 9s Id; total, £84,923 3s 3d. Assets are shown as follows: Properties, £33,365 2s sd; fixtures ant plant, £1997 8s 6d; N.Z. Centennia ! Exhibition Co., £100; stock, 31.160 1-7: ilid; trade debtors, £16,653 15s 8d; bills I receivable, £llB 5s 3d; deposits. £ll2, [l3s 6d; total, £84,923 3s 3d.
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https://paperspast.natlib.govt.nz/newspapers/WC19390717.2.147.2
Bibliographic details
Wanganui Chronicle, Volume 83, Issue 166, 17 July 1939, Page 11
Word Count
208SCOULLAR COMPANY, LTD. Wanganui Chronicle, Volume 83, Issue 166, 17 July 1939, Page 11
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