NATIONAL BANK.
ANNUAL REPORT. By Telegraph—Press Association, Wellington, Last Night. The general manager of the National Bank of New Zealand has received a cable message from the London Board advising the declaration of a dividend of 7 per cent, for- the half year on paidup capital of £375,000, which, with a 5 per cent, interim dividend paid in January last, makes 12 per cent, for the year to March 31, 1910. The sum of £22,300 has been added to the reserve fund, which will then stand at £397,500, and £17,909 carried forward. The directors have further allocated £IO,OOO in reduction of the bank premises account, and £3OOO to the officers' pension fund. The annual meeting of the bank will be held in London on July 5.
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Taranaki Daily News, Volume LIII, Issue 63, 23 June 1910, Page 5
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126NATIONAL BANK. Taranaki Daily News, Volume LIII, Issue 63, 23 June 1910, Page 5
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