A REMARKABLE YEAR.

New Zealand Illustrated Sporting & Dramatic Review, Issue 1158, 20 June 1912, Page 21

A REMARKABLE YEAR.

At the fifteenth annual general meeting of Bovril, Limited, the Earl of Erroll, in moving the adoption of the report and accounts, said that the large sales that marked the close of the year 1910 "had continued throughout the whole of Jjhe past twelve months. This favourable result must be in a large measure attributed to the striking scientific confirmation of the food value of Bovril disclosed by the systematic feeding experiments made with it by that eminent scientist, Professor W. H. Thompson, in conjunction with two other well-known physiologists. Dealing with the accounts, the chairman said that the gross profit on trading amounted to £343,455, being some £47,000 more than the previous year, and constituted a record in their history. The balance of profit and loss account showed £160,314 8s 9d. This would enable them, after paying an increased dividend on the deferred shares, to place £22,500 to reserve account, which would then amount to £212,500. Sir James Crichton Browne, in seconding the resolution, stated that it was not upon medical authority in the ordinary sense —that, is to say, on the opinion of medical men who had tried it —that Bovril now rested its claim to consideration, but upon the far firmer basis of exact scientific experiment. The report and accounts were unanimously adopted.