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GEAR MEAT COMPANY

PROFIT AND DIVIDEND The directors of the Gear Meat Company, Ltd., report for the year ended November 30 that, including the amount brought forward and after providing for income, social security and national security taxes, there is a balance available of £20,538. which it is recommended be dealt with as follows:—In payment of dividend of 9d a share, less interim dividend of 3d paid in June, £11,500 ; to carry forward, £9038. Because of the complicated nature of taxation the directors decided to postpone the annual general meeting till January 21 so that expert advice would be obtained before presenting the report and balance-sheet to the shareholders. The retiring directors, Messrs. D. H. S. Riddiford and J. M. Dale, offer themselves for re-election.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19410113.2.10

Bibliographic details

Wanganui Chronicle, Volume 85, Issue 10, 13 January 1941, Page 2

Word Count
125

GEAR MEAT COMPANY Wanganui Chronicle, Volume 85, Issue 10, 13 January 1941, Page 2

GEAR MEAT COMPANY Wanganui Chronicle, Volume 85, Issue 10, 13 January 1941, Page 2