THE SOUTH BRITISH INSURANCE COMPANY.
(by TELEGRAPH.) Auckland, April 12,
Tire fifteenth half-yearly meeting of the South British Insurance Company was held this afternoon. The report states that the income for fire and marine premiums has been L 61,385 14s. 5d.; from investment, L 5,823 10s. 5d.; and from transfer fees, L 5 55.; making a total of L 67.214 Os. Bd., to which has been added L 4,051 9s. 9d., brought forward from previous half-year. The total expenditure has been —Fire and marine losses paid and outstanding, L 3,909 15s. Bd.; re-insurance, L 14,436 195.; and, with L 5,000 dividend paid, makes a total of L 63,922 165., leaving a balance of L 7,343 3s. 5d., from which the directors recommend the payment of a dividend at the rate of ten por cent, per annum.
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Ashburton Guardian, Volume 1, Issue 86, 13 April 1880, Page 2
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136THE SOUTH BRITISH INSURANCE COMPANY. Ashburton Guardian, Volume 1, Issue 86, 13 April 1880, Page 2
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