EQUITABLE BUILDING COMPANY ANNUAL MEETING.
The forty-second annual mcetiug of the Equitable Building and Investment Company was held yesterday in Hie Chamber of Commerce. Jlr. D. JfLean presided. The annual report expressed satisfaction at the continued prosperity ni the company. After pioviding for the 'isual dividend, and placing 1 £lOCO '.o the ryserve fund, a alightly increased credit balance remained. The report pointed out that the mortED/CB and deposits showed a considerable increase over last year's figures, as did aluo the amount invested in Government Inscribed Stock. La9t year had been an eaev one from the financial point of view, but. while the heavy war taxation continued, it waa unlikely that an increase of dividend would be rostdble. Tlie profit #'v- the year wan £9622 25.. and when file amounts for dividends and tho sum placed to the reserve fund had been subtracted £2622 2s. remained to be carried forward. Messrn. 1). M'Lean and A. D- Crawford, the retiring directors, and Messrs. E. ' Bucholz and W. S. Wheeler, the Miring auditors, were re-elected.
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Dominion, Volume 13, Issue 110, 3 February 1920, Page 10
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173EQUITABLE BUILDING COMPANY ANNUAL MEETING. Dominion, Volume 13, Issue 110, 3 February 1920, Page 10
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