SOUTH BRITISH INSURANCE.
A PROSPEROUS YEAR. By Telegraph.—Pn-ss Association. Auckland, October 8. At the annual meting of the South British Insurance Coy., Mr Peacock, chairman of directors, congratulated the shareholders on the result of the year's operations, which were a record for the company, lie said that £30,000 had been added to the reserve fund, bringing it up to £260,000. In addition, the Board thought it wise in the present abnormal state of things, to set aside £20,000 as a contingency fund. Action by the Imperial Government and in a smaller degree by the New Zealand Government for the acceptance of a proportion of the war risks had eased the position in connection with shipping and mercantile interests. He felt sure tho shareholders would endorso the action of the board in providing a special contingency fund. Messrs Batger and Russell were re-elected directors.
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Taranaki Daily News, Volume LVII, Issue 116, 9 October 1914, Page 2
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143SOUTH BRITISH INSURANCE. Taranaki Daily News, Volume LVII, Issue 116, 9 October 1914, Page 2
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