NEW ZEALAND INSURANCE COMPANY.
m nra association. ArctLixD, July 3. , "*■ The directors of the New Zealand Insurance Co will recommend to dureholders an increase of capital, by the issue of twenty-five thonsand new (ham to be paid up to £2 each, at premium ,of £1 per share, on basis of ou new share to live old shares. 'With the funds already available, the company will be able to pay all itr *Friseo losses, and continue in a strong position for future operations, having t paid-up capital and reserves approximating £600,000. The directors will also propose registering the company 0 as a limited liability company, having r a subscribed capital of £1,500,000, of t which there will be paid up £300,000 intact, and £I,2OO,'XW uncalled. It is ntended to pay an interim dividend for the past hall year at the rate of 10 per cent, per annum.
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https://paperspast.natlib.govt.nz/newspapers/TDN19060704.2.12.14
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Taranaki Daily News, Volume XLVII, Issue 8148, 4 July 1906, Page 3
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146NEW ZEALAND INSURANCE COMPANY. Taranaki Daily News, Volume XLVII, Issue 8148, 4 July 1906, Page 3
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