NEW ZEALAND.
[Peu “Times” Special Wibe.] New Zealand Insurance Co. Auckland, July 14. The half-yearly meeting of the Hew Zealand Insurance Company was held this afternoon. The directors report showed that after providing for all accrtaincd losses and writing oil £3554 as depreciation on investment, there remained the sum of £22,070 available for division, which the directors recommended should be appropriated as follows Payment of a dividend at the rate of 10 per cent per annum £IO,OOO ; bonus at 5 per cent, £SOOO ; balance carried forward £7070 ; total, £22,070. The bonus of 5 per cent is now declared, so as to equalise the dividend, 5 per cent only having been paid to shareholders for the preceding halfyear. Warrrants for dividends and bonus will bo issued at the head oll’ice to-morrow, and at the several branch agencies on receipt of advices. Six Horses Burned. Wanganui, J uly 14. A large stable and six-roomed house were burned at Moore and Currie’s station, Kai Iwi. Another lioanThe Borough Council invil° fenders
for a, new loan of £IO,OOO, secured from rents arising- from the town belt. The money is to be spent on additional water supply and new hospital. The ITmajnployed. CHRISTCHURCH, July 14. One hundred and fourteen more unemployed have applied to the Government for work. Alleged Perjury. Dunedin, July 13. Henry Williams has been committed for trial for'perjury. The perjury arose out of a civil case in the 11. M. Court.
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South Canterbury Times, Issue 2285, 14 July 1880, Page 2
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239NEW ZEALAND. South Canterbury Times, Issue 2285, 14 July 1880, Page 2
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