N.Z. LOAN AND MERCANTILE AGENCY CO
The New Zealand Loan and Mercantile Agency Co., Ltd., received a cablegram from . its London office intimating that the company wilt hold its annual meeting in London on December 9. After carrying £19,085 to reserve, and' appronriating a further ram of £5000 to the Staff Benevolent Fund, ; the amount . available, including £55,279 parried forward from. June 30, 1914, ir £147,851. The •dlTedtora' recommend nayinent of. a'final dividend of 2i'per cent, (less income,tax) on preference stock, making s'per. cent., for the year; also .dividend of 5 per cent, (less income tax) on'the ordinary stock,"'leaving £81.405 to be' carried forward. :Out of £166.572. received from the liquidator of the New Zealand Land Association,' Ltd.,- £59,865 has been applied tn writing: down'premises, and the balanco, £1C6,70G,. carried tn The oompany'e reserves now total £410,000..
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Dominion, Volume 9, Issue 2630, 27 November 1915, Page 8
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137N.Z. LOAN AND MERCANTILE AGENCY CO Dominion, Volume 9, Issue 2630, 27 November 1915, Page 8
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