NEW ZEALAND INSURANCE COMPANY.
DIVIDEND 01-' 12J PER CENT. (liV TKI.KCHAPA.— OWN C'OHKI^-iI'ONIIEST.) Auckland, Laat Night. The annual report and balanco-sheet of the New Zealand Insurance Company has been issued to the shareholders. The report says that after providing for ascer-t-iiiind loaves and paying the interim dividend in July last of iis Uα pur share, there was for distribution £%,*£> Os 9d which the directors recommend tu be appropriated as follows: payment of dividend at the rate of 12.V per annum, £12,500; bonus at tho rate uf Isd per share, £2,500 ; augmentation of invested fluctuation account, £S000; reinsurance fund, £9000 ; and balance earned te profit and loss new account, £3,521) (MM; making the total of £36,529 0s 9d. With the above the appropriation, reinsurance and reserve fund will amount to £2u0,000. The vacancy on the Board caused by the retirement of Mr McCosh Clark, will be filled by appointment. Messrs A. G. Horton, J. L. Campbell and T. Russell retire from the Board, as provided in the articles of Association and are eligible for ra-elec-tion. _^________
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Waikato Times, Volume XXXV, Issue 2884, 8 January 1891, Page 2
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174NEW ZEALAND INSURANCE COMPANY. Waikato Times, Volume XXXV, Issue 2884, 8 January 1891, Page 2
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