L. AND M. COMPANY
THE ANNUAL MEETING
{By Telegraph—Tress Association.)
WELLINGTON, Last Night, The New Zealand Loan and Mercantile Agency Co., Ltd., \vi\l hold its annual meeting in London on the 12th inst. After writing off bad debts, and the cxistomary replacement*, also a special yum of £20,000 off premises, and providing a .further £SOOO towards the staff benevolent fund and carrying an additional £1)0,000 to tho reserve, making a total reserve of £720,000, the directors recommend n dividend of 1\ per cent, on shaiw holders' paid-up capital, and an extra 2$ per cent interest on third debentures, making on the latter a total of 7 per cent for the year.
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Wairarapa Age, Volume XXXI, Issue 10713, 4 December 1912, Page 5
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111L. AND M. COMPANY Wairarapa Age, Volume XXXI, Issue 10713, 4 December 1912, Page 5
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