HEW ZEALAND INSURANCE COMPANY.
AUCKLAND. February 5.
The report and balance shepf of the New Zealand Insurance Company (Ltd.) for the year ended November 30 last shows that the year's operations have resulted in a surplus of £91.416. Out of this «urn the directors recommend the payment of a dividend of 2s per share, making 10 per cent, for the year. The sum of £60.000 is to be placed to the reserve fund, and a balance of "£21,674 carried forward. The net income derived from premiums, interest, and rents amounted to" £642.759, whilst the capital, reserves, and undivided profits are stated at £696,674 after providing for the dividend recommended bj the directors.
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Otago Witness, Issue 2813, 12 February 1908, Page 16
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112HEW ZEALAND INSURANCE COMPANY. Otago Witness, Issue 2813, 12 February 1908, Page 16
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