Commercial.
The eight annual report and balance sheet of the National Fire and Marine Insurance Company, for the year ended the 30th September, 1881, to be submitted to the shareholders on Wednesday the 16th instant consist of the following principal items : — The receipts for the year (including £2,063 19s lid. from previous balance) have been £106,476 19 8 The expenditure for the same period has been 82,689 6 8 Leaving the sum of .£23,787 13 0 Out of this the Directors declared an Interim Divi- ’ dend in March last which absorbed £5OOO 0 0 They now recommend the payment of a further dividend of 20 per cent, per annum on paid-up capital 5000 0 0 A bonus of sixpence per share 2500 0 0 To be canned to re- * serve fund, which will then stand at £BO,OOO ... 8000 0 0 And to carry forward 3287 13 0 23,787 13 0
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Poverty Bay Standard, Volume IX, Issue 997, 10 November 1881, Page 2
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150Commercial. Poverty Bay Standard, Volume IX, Issue 997, 10 November 1881, Page 2
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