INSURANCE MATTERS
By Telegraph—Press Association— Dunedin, last night. ■ At the annual meeting of tho National Insurance Company Mr J. M. Ritchie, chairman, jn moving the adoption of the report and balance-sheet recommending a dividend of 9d per share, making Is 6d l'ur the year, referred at Bomo length to the Government Fire Insurance Bill, concluding by remarking : “Wo may fairly assume that the taxpayers will not approve of the carrying on of a business for the benefit of those requiring fire insurance at a continual cost to tho consolidated revenue, and therefore for my part I do not anticipate that the new departure by tho Government is likoly to affect the intrinsic value of your property or eudanger the permanency of your dividend any more than the various contingencies with which we have to reckon in the ordinary course of our business.” Tho report was adopted. Messrs R. Glendonning and T. M. Kernpthorno were re-elected directors. A motion was carried expressing the opinion that the staff Bhould share in tho prosperity of jhe company.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GIST19031118.2.20
Bibliographic details
Gisborne Times, Volume X, Issue 1050, 18 November 1903, Page 2
Word Count
174INSURANCE MATTERS Gisborne Times, Volume X, Issue 1050, 18 November 1903, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in