The Archive · 1897

BOYD & CE,, LIMITED

of the Board of Directors for presentation the sixth Annual General Meeting to be held in the Board Room, Pootung, on Wed: nesday, 18th August, 1897, at 5 o'clock p.m.

In submitting their Report with Statement of Accounts for the year ended 30th April, 1897, the Directors congratulate the share: holders on the favourable results shown.

The net earnings for the year, including amount brought forward from last account and Interest on Investments, and allowing for all known liabilities, stand 'Tis, 152,642.10 Les Directors' and Auditor's Fees Tls. 2,300.00

Tls. 160,342.10

The Reserve Fund Stands at Tls. 160,000, of which Tls: 100,000 is invested, and the Directors have decided to add to it the sum of Tls. 30,000, and they propose to make the following appropriations Ist—Amount to be added to Fund.

2nd—Amount to be placed to Maintenance and count 1" 15,000.00 Depreciation Ac-Srd—A Dividend- of Tis.

Shares 93,600.00 12.00 on Ordinary. a

4th—Amount- to be carrie to New Account 11,742.10"

Tls. 150,342.10

Text read from the printed page and cleaned; old type leaves the occasional error.

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