GEAR MEAT YEAR.
Directors of the Gear Meat Preserving and Freezing Company of New Zealand, Ltd., report that for the year ended 30th November last, including the amount brought forward, and after making allowance for depreciation aud payment of interim dividend, there remains - a balance of £54,008 16s Bd, which they recommend for appropriation' as follows: In payment of dividend of Is 9d per share for the year ended 30th ultimo, less interim dividend of 9d paid in June, £23,000; appropriation towards liability for taxes, etc., in New Zealand and Great Britain, £15,000; to be carried forward to next year's account, £16,00516s Sd; total, £54,008 16s Bd. Owing to the satisfactory condition of the company's insurance reserve, the directors recommend, the payment of a bonus of 6d per share put of that account. The retiring directors are Sir Francis Bell and Mr. A. de B. Brandon, who, being eligible, offer themselves for re-election. The auditors, Messrs. Ernest W. Hunt and E. R. Dymock, also offer themselves for reelection.
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Bibliographic details
Evening Post, Volume CVIII, Issue 138, 7 December 1929, Page 12
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168GEAR MEAT YEAR. Evening Post, Volume CVIII, Issue 138, 7 December 1929, Page 12
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