COMPANY AFFAIRS

Wanganui Chronicle, 5 September 1946, Page 10

COMPANY AFFAIRS

IN< KEASE I.Y ( AiTf AL or XATfOS U. TOBACCO. A decision increase the capZal of : . company from t2ti'.».b()u Ly the •ic.tt, noi •» additional JUO.Utrj f;! l , ; made at a meeting «>f .shut .. . . National Tobacco Co., Ltd.. ,:i The existing capital nut « : - .1 ■ cat to meet the requirements <<( • < : . ■>..■>• , < landing husires.*.. The pt. r .' j'. <>. :l , tapftal of the compan; is lb,: 341 j n preference A shares of 11. p| (|t -nn • U shares cf £l. and i 1 t < •I. The I J*iB. when ar shores tuts made 12 a , . T <1 £Co'<oo received on iss -• p>< - • <•’tiding this item, total h erves < ..; •111, 7’ ■ .1 . ■tai . J 942. 4U< fir FALL t.X NET PKOi IT Of KA I.\ POL A net ; counts of the Kaiapoi Woollen Manuluctui .r ; Co.. Ltd., for the year ended July j <. i in-.’ •gainst £25.652 last year. The pi is struck after providing for taxation it an un<! ;<■; •. The profit, with £14344 brought in. make. 1 the total available £39.609. * v *e directors recommend th the sum I. ■ appropri :.-■' as 1 rent, on preference shares . ' u.n-is •• i HF cent., 1 cent. m ordinary shares and a l»« nu*- • 1 p . general rerivr. £jnro < U r- - ;.;;cd to he earned forward. £l3 :• The sum of £26.000 (£'.7 1" •. •-• •. u . < •flowed t Storks T .i; : , su last jea’s figure of i; _ The company's pah bwn increased this : ”1.1 lr. fhp railing t.p «.) imp i capita; < n ‘ » ■fliis jreai pa d capital

1 ' —l'/' u > c - : a B°- now comprises 1 pre .ucnee shares of 17.- each and ■ ordinary shares of 17/- each, fullv :. >.d. i ie directors report that fewer operatives .ivailable. and total production decreased. ■I. ■ work having finished. Civilian proj< lion inricased. GREY AXD MENZIES LTD. 1 inu hope that in the near future the cordials .•idustiy uould benefit Ly an increased ration sjgar was expressed by Mr. T. E. Norman I .. .•<! •. chairman of Gu v and Menzies, Ltd., at • annual meeting on Thursday. Mi. Wade i year under review had been most i : M-.ng and a satisfactory turnover was ■ - ned. lie mentioned that the taxation • ••■ >• r.n announced in the Budget would give ' -m ”■!.• i b. companies This year, he said. ■ an eventful milestone in the history of which was started by Mr. Alex•n<ic.- Wilkie on the present site in Eden I Crescent I<«< years ago • A • '(lend of R per cent for the year and a fer cen centennial bonus dividend was <lei I n pi. fi'iencr and ordinary shares !• A. <; Menzies and Mr. W. A Edu Acs. i • di M tors. were re-elected, an I Mr. F. Ward was elected to the board. IAR.MNGS OI NORTH Al CKLAND FARMERS. A .1 .. or tI.V.-l 1.. 15221 Is recorded in the ' * l*’'dit of North Auckland Farmers' co- ' I rativc Ltd. for the year ended June 30. ' j ' m 1945 were a record. The dirccl n<<■ dr d<nd aJ the .<.u ‘ of 5 per cent., less security i u :.i er t •'■>!)<, Th,, balance in the ap<,f j ? >7l is to be carried tUHG brought in. The uii ’t s rr.uke no recommendation regarding bi'arcs. vlnch have not received any ' sn< e Gross earnings were »ol against £7.'».G03. and expenses, exrludiny Lixahon. t<>7 IS2. against j. 72 499 i’i' .. ’ll p-r taxation was l-itnix. against