Bank of Otago Board Endorses Bathgate Report Amid Unease
The colonial manager Bathgate faced criticism for taking over the Southland Government account and tying up funds, but the board expressed confidence he would correct course. Auditors Sawyer and Robinson were elected, and a motion of thanks passed as shareholders awaited a clearer six month outlook.
MENTIONED IN THIS ARTICLE
Bank of Otago
Southland
Barthgate
Bathgate
J. D. Thomson
Pyke
New Zealand Bank Corporation
Messrs
Joseph Sawyer
C. H. Robinson
Napier
Consolidated Bank meeting outlines half year profits and Norwich branch
The half year ending June 80 1864 shows gross profits of £108041 14s 2d and net £71012 1s 3d. A 15 percent total distribution includes a 10 percent dividend and a 2s per share bonus. A reserve fund rises to £38500. The directors report a Norwich branch opened to promote business, amid consolidation with London banks.
MENTIONED IN THIS ARTICLE
Manchester
J. A. Turner
M.P
Curtis
Pender
Smith
Wilson
London
Norwich
Bank of Manchester
Hankeys
Fedenee Eae Hee Board
Bank approves 10 percent dividend and 2s per share bonus
Shareholders applaud as the bank declares a 10 percent dividend and a 2s per share tax free bonus to be paid in London and Manchester starting Friday. Directors are thanked for able management and the late chairman is praised for the bank’s progress, with Kilvert and Symmonds backing Turner, MP, for presiding.
MENTIONED IN THIS ARTICLE
Parr
Parr, Curtis, and Co
London
Manchester
Broadbent
Windsor
H. Richardson
Mr. Curtis
Kilvert
Symmonds
Turner
M.P
Joint-Stock Discount Company holds second meeting at London Tavern
The second ordinary general meeting of the Joint-Stock Discount Company (Limited) was chaired by Mr W C Brown at the London Tavern. Directors reported on capital increases, a dividend of 8 percent, and a £7,000 addition to the reserve fund, with strong deposit growth and plans to deploy funds carefully.
MENTIONED IN THIS ARTICLE
Mr. Harnett
India
Wilkinson
Union Bank of London Proposes Capital Increase Special Meeting
A special general meeting of Union Bank of London proprietors, chaired by P N Laurie, considered increasing capital from £3,000,000 to £4,000,000 by issuing 20,000 new shares of £50 each at a £15 premium. Shares to be allotted to holders on the register June 24, with full payment by August 18 or three instalments on August 18 October 1 and December 1.
MENTIONED IN THIS ARTICLE
Princes-street
Bank
P. N. Laurie
Also Mentioned on This Page
the Consolidated Bank (Limited
Union Bank OF London
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!