TELEGRAPHIC.
(Pkess Association.) Christohurch, Thursday. The tenth annual report of tlie N,Z.. Shipping Company congratulates the shareholders on the satisfactory result of the past year. It regrets the loss of the Waitara with 26 lives, The City of Perth had been added to the fleet. A contract was entered into with Elder k Co., of Glasgow, for three steamers, 4000 tons each, with sea-going speed of 12 knots, to bo of steel, The first to be launched this month, and will leave England in October. The report then refers to the successful passages of the direct line of steamers during the year, and,the establishment of important; refrigeration freights. The Insurance Company's account has met the loss ;of the Waitara, and stands at- £SOB. Balance at credit of profit and loss account, after covering losses/and allowing for liabilities,to the close of the'financial yeaiy is £36,523, recommended. ;to be appropriated as follows^ —£7,500 to : reserve fund, which will then be £120,000; to dividend of ten per cent,; out of which a moiety was paid"'in : January, £12,627 ; carried forward,' £16,395. ■ Mr H: J. [Tailored 'hasbeenjoined to the 1 Board. Tire retiring' directors are fl{6§Srij Coated Murray-: Aynsley, ai)(j all offering, for re-election. The dividend will be payable on August 15,
OiSßOitNit, Thursday, Henneth Herr, proprietor of " Pacts", and Webb, the printer of it, were today charged at .the R.M. Court on the information of. C.' A. DeLautour the former for publishing and' the latter for printing a statement in " Facts'' reflecting on the commercial ana integrity $ |Jjo-jnfor-' neither were they represented by counsel. Pfior t.o the cpe being called on, Jfr Hennv, the defendant's counsel, had informed Hi? Worship that he had no right to issue Ripjpns on an information laid jn Wellington. The R.M. said tho point .was' open to. argument. Mr Rees, for complainant, applied for a warrant for the arrest of the defendant, but this the magistrate declined to accede to, preferring to first consult the Crown Law Officers, aif(| pqiisequeotly adjourned matters till Tjjijrstliiy. '
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Wairarapa Daily Times, Volume 5, Issue 1446, 2 August 1883, Page 2
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335TELEGRAPHIC. Wairarapa Daily Times, Volume 5, Issue 1446, 2 August 1883, Page 2
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