COMMERCIAL.
National Fire and Marine Insurance! Company.— Aa, a recent telegram regarding! the first, half -yearly report of this company PKSKtS JjQ. . k ave , b. e . en . iucprrect, -^c gi ye the' following from the .report- itself : — \ As will be seen by the statement of account* there remains, after paying all the losses,! •preliminary expenses, and charges,! the sum 0f, LT7,236. la Bd. ; The directors therefore recommend a dividend nit the rate of. 10 per! cent.- - per anutiur on the paid-up capital, which will absorb the sum' of L 2500, leaving] L 14.736 Is 8d to be carried to a reserve fundTJ which' the directors find is considerably mortf than sufficient to re-insure the whole of the floating risks of the company. ' |
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Bibliographic details
Grey River Argus, Volume XIV, Issue 1803, 16 May 1874, Page 2
Word Count
122COMMERCIAL. Grey River Argus, Volume XIV, Issue 1803, 16 May 1874, Page 2
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