N.Z. LOAN AND MERCANTILE AGENCY.
•> The Wellington office of the New Zealand Loan and Mercantile Agency Co., Ltd., has received the following cablegram from the firm's London holise, - under date December 9th : "The annual meeting passed off satisfactorily. The report and balance sheet were adopted, and a dividend declared at the rate of five per cent, per annum, less income tax, for year ended June 30th, 1909." The annual report and balance sheet provides fur a dividend o* five per cent, after transferring £55,000 out of profits to reserve, raising the Company's total reserves to £455,000. The New Zealand Land Association, Ltd., (the shares in which are held by tbe New Zea land Loan and Mercantile Agency Company), likewise pays t dividend at the rate of five per cent, per annum. The reserve of the Association stands at £85,000.
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https://paperspast.natlib.govt.nz/newspapers/WAG19091213.2.14
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Wairarapa Age, Volume XXXII, Issue 9674, 13 December 1909, Page 5
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139N.Z. LOAN AND MERCANTILE AGENCY. Wairarapa Age, Volume XXXII, Issue 9674, 13 December 1909, Page 5
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