NEW ZEALAND INSURANCE COMPANY-
," Auckland, Wednesday," The New Zealand Insurance Company which holds its annual meeting to-day, paid a dividend of 121 per cent. Eeport is as ■ follows,:---Preniiums-4fter deducting pre-, miums the .insurances amount to and interest £20147 for the year; \ After providing for the ascertained losses, paying an interim dividend of two shillings and sixpence per share, ...in July last,' there .remains£22975 f available for division, which the Directors ■ recommend' to bo;'appropriated as:'follows;' To reservd iund, L 5000: payment pf 12J per cent dividend,; Ll2,fiop; balance, carried forward, L5d75. The reserve and reinsurance fund will then woh L 240.000. ' The iDireotors have carefully;gone : over the ..securities with the' .Auditors, i oh prefieati valueg. /
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Wairarapa Daily Times, Volume XI, Issue 3404, 8 January 1890, Page 2
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114NEW ZEALAND INSURANCE COMPANY- Wairarapa Daily Times, Volume XI, Issue 3404, 8 January 1890, Page 2
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