The Gear Company.
'J. ( The animal report .to be presented; by "the directors of the Gear 1 Meat 'Preserving and Freezing Company of New Zea land (Limited) to be presented to .a <hiebtip« of sharoholcfers on ffte 28th; instant, says: — "They (the directors) congratulate you on the satisfactory result that has attended the company's ' operations- during that period, as jnotwithstancling\ the fluctuations m ; the London market for, frozen meat, and the very low range" for" prices for tallow, there" ifeinains, after* due allowance for depreciation 0n .-working stock, the (substantial nett profit of .£4535 2s 9d. This amqunt, your directory jr^cprnmendi for appropriation as follows:— In payment 'of a 'diviuend on thepaid-Hip capital of the company/at the' rate of 10 per cent, per annu.in, (of which ,a n intermin dividend for 1 half -y eat 'ended 31st Mirch, 6 ÜBBL4,uhas already- bean- -paid)! 1 towards formation of a reserve fund, 74518,00 ; ,t,p, be car^ie^iprwarjd; to credit of next- year's account,, .£692 9s 9df-^4535 '2s 9d.'| Three directors— Messrs Duthie, Le&n, and Reid— retire ' fifoni 'omee. They are eligible for re-election, , buj the twdvfdrmergentlerhen da not offer' themk selves. .•:'(- < j
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https://paperspast.natlib.govt.nz/newspapers/MS18850115.2.12
Bibliographic details
Manawatu Standard, Volume IX, Issue 38, 15 January 1885, Page 2
Word Count
189The Gear Company. Manawatu Standard, Volume IX, Issue 38, 15 January 1885, Page 2
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