ASHBURTON PERMANENT BUILDING AND INVESTMENT SOCIETY.
The fifth annual meeting of the shareholders in the above society was held hwt Wednesday, March 13th. Dr. Trovor occupied the chair, and there was a good attendance. The report stated that all tho investment shares of moro than one year's standing had been cteditsd with interest fit 7 per cent., after which there romained to the credit of the profit and loss account £231 17s Id, one-fourth of which had been enrri(d "o the reserve fund, leaving a balance of £173 17s 5d to be divided amonfist the shareholders. The report and balance-sheet were adopted, and Messrs Carter a;;d Douglass appointed directors for the ensuing term. The secretary was instructed to obtain information as to tho cc,3t of bringing the society under the Joint Stock Company's Act. Meisrs Shury and Gundry were appointed auditors, and after some very ilutlering compliments had been paid to the secretary for the excellent manner in which ho had kept the accounts, the meeting terminated.
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Bibliographic details
Globe, Volume XXII, Issue 1917, 16 April 1880, Page 3
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167ASHBURTON PERMANENT BUILDING AND INVESTMENT SOCIETY. Globe, Volume XXII, Issue 1917, 16 April 1880, Page 3
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