WELLINGTON TRUSTEE COY.
DIVIDEND OF 6J PER CENT. Special to TUB SUN) WELLINGTON, Wednesday. The balance-sheet of the Wellington Investment, Trustee and Agency Company, Ltd., for the year ended June 30, shows that after making provision for income-tax and adding £I,OOO to the reserve for depreciation of mortgages and deducting the interim dividend paid in ■December, there is available a balance of £2,992, including £531, the amount brought forward. Out of this £SOO is added to the reserve fund, making that fund £25,300. The dividend of 3J per cent, for the half-year, making 6i per cent, for the year, absorbs £2,170, leaving £S22 to be carried forward. The gross income was £14,547, compared with £14.585 last year. The paid-up capital is £62,000.
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Sun (Auckland), Volume II, Issue 410, 19 July 1928, Page 14
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122WELLINGTON TRUSTEE COY. Sun (Auckland), Volume II, Issue 410, 19 July 1928, Page 14
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