WILLIAMS AND KETTLE, LTD.
ANNUAL REPORT. [PER PRESS ASSOCIATION.} NAPIER, May 26. The annual report of Messrs Williams and Kettle. Ltd., was submitted to the shareholders yesterday. It showed the net profits for the year, after providing for all necessary depreciations and bad debts, to he £14,436 18s 7d, to which has to be added the undivided balance from last year, £2,726 8s 2d. The total available for allocation is £17,163 6s 9d. The directors recommend that this he appropriated as follows : Payment of dividend 7 per cent, and 1 per cent bonus on capital; bonus of 1| per cent on all goods purchased by shareholders; 10 per cent on land commissions, and 20 per cent on other commissions contributed by shareholders; £IOO to be placed to the reserve, and the balance, carried forward. The sum of £6O was voted for bonuses to the Gtaff.
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Gisborne Times, Volume XXIX, Issue 3229, 27 May 1911, Page 2
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145WILLIAMS AND KETTLE, LTD. Gisborne Times, Volume XXIX, Issue 3229, 27 May 1911, Page 2
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