THE NEW M'CORMICK HARVESTER.
(United Press Association.) South British Insurance Company ' Auckland, Wednesday, The annual meeting of the South British Insurance Company was held to-duy. Tho Directors, in submitting their annual report, oxpressed rogret that the result of the Company's operations had been so unfavourable The revonuo from premiums and interests amounted to £253,207 Is. The expenditure, including balance brought forward on 81st August, 1889 amounted to £207,989 1b 4d, leaving a dobifc balance of £44,682 0s 4d, at datoof closing'accounts. This result was entirely dm to losses sustained at two of the Company's branches, and cost of reinsuring the Company's business in the United States and elsewhere, With the exceptions referred to the business had been prosperous and satisfactory. Captain Daldy in moving the adoption of the report stated Le intended to retire from the position of Chairman of Directors, owing to weight of years, and expressed his deep regret at the state of the company.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WDT18901008.2.10
Bibliographic details
Ngā taipitopito pukapuka
Wairarapa Daily Times, Volume XI, Issue 3633, 8 October 1890, Page 2
Word count
Tapeke kupu
157THE NEW M'CORMICK HARVESTER. Wairarapa Daily Times, Volume XI, Issue 3633, 8 October 1890, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in