AUCKLAND GAS COMPANY.
ANNUAL MEETING
|"Per Press Association.!
AUCKLAND, Feb. 7
The forty-eighth annual meeting of tile Auckland Gas Company was Held' to-day. Mr J. H. Upton, chairman of. directors, who presided, said that the total receipts had been £136,143 14s Id, and tli© total expenditure £89,944 1.3 s lOd. leaving a surplus of receipts of £46,109 0s 3d, which was the profit on the year’s business. The directors recommended an increase of 6d per share in the dividend, making 9d per share on the fully paid up shares, and a proportionate amount on the contributing shares, which together constitute the nominal or share capital of the company, and is 10 per cent on t-lie actual’ or paid-up capital. The dividend will absorb £34,208 15s 7d, leaving £L(L49I 18s 9d to be carried to the net revenue account. It had been decided to reduce the price of gas by 3d tier 1000 cubic feet from March Ist next,, equal to a reduction of £6261 on presentsales.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/GIST19100208.2.23.18
Bibliographic details
Ngā taipitopito pukapuka
Gisborne Times, Volume XXVIII, Issue 2760, 8 February 1910, Page 5
Word count
Tapeke kupu
166AUCKLAND GAS COMPANY. Gisborne Times, Volume XXVIII, Issue 2760, 8 February 1910, Page 5
Using this item
Te whakamahi i tēnei tūemi
The Gisborne Herald Company is the copyright owner for the Gisborne Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in