Wellington- Man awatu Railway
At tho nnnual meeting of tho aboye company, tho chairmiin, Mr T. O. McCurthy, said tho profit and loss of the railway account showod a credit balance of £7248 17s Od on tho transactions of tho yoar. Tho not land rovonuo was £3672 5a lid. Thoso two accounts, togothor with £9203 14s Id, tho aniouut rotnaining to crdit aftor payment of last year's dividend, inakiug a total of £20,136 18s. From this fund tho Directors ro commond tho payment of a dividond of o por cout for tho year. Our not earnings for tho yoar were £10,931 3s 8d- The Diroctors propose to distribute £8500, and to leavo a balance of £2431 3s Sd to further strengthen the dividend fuud, which will theu bo Xll.OJtf IS*.
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Bibliographic details
Feilding Star, Volume XIV, Issue 123, 6 April 1893, Page 2
Word Count
130Wellington-Manawatu Railway Feilding Star, Volume XIV, Issue 123, 6 April 1893, Page 2
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