Mortgage Company.
By Telegraph—Press Association. Auckland, last night,
Tho Now Zealand and Itiver Piate Land and Mortgage Company, in general meeting on January 6th, resolved to adopt the recommendation of the directors relating to tho distribution of the year’s profits. The Chairman stated in his speech that the directors will probably pay a dividend next year at the rate of 7 per cent., payable in instalments of 3J per cent, each, and that tho Board proposos to issue the remainder of the new shares (as soon as the necessary arrangements are made) pro rata to existing shareholders at a premium of 2s 6d per share.
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https://paperspast.natlib.govt.nz/newspapers/GIST19030108.2.34
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Gisborne Times, Volume IX, Issue 713, 8 January 1903, Page 3
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105Mortgage Company. Gisborne Times, Volume IX, Issue 713, 8 January 1903, Page 3
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