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Weekly Chronicle in London, Middlesex

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Weekly Chronicle

Location

London, Middlesex, United Kingdom

Date

Jun 25, 1864

Page

12

Shareholder Meeting Hears of Wharf Crane and Wheat Outlook

The motion was seconded and carried unanimously. The chairman explained extraordinary wharf expenses for a Fairbairn tubular steam crane at about £2200, noting its strong performance. He warned occasional losses from wheat failure but cited large income and future dividends, with land purchases yielding 10 percent returns. Directors and auditors were re-elected and thanks extended to managers and the chairman.

Close Brind Adelaide

Hudson's Bay Company reports 18s per share dividend and asset breakdown

The Hudson's Bay Company committee presents a balance sheet and profit statement to justify an 18s per share dividend, plus 5s extra in January, totaling 44 percent free of tax for the year ending May 31. They detail £2,000,000 payout, leaving £12,619 14s 4d undistributed. Major assets total £1,073,192 16s 2d across five heads including Rupert's Land, lands and posts, Vancouver Island, U S treaty claims, and goods. They note valuation challenges, describe strategic posts as plant, and outline telegraph route planning and colonial settlement questions. The AGM is in November. meanwhile they urge shareholders to await official explanations and resist hostile assertions about title.

The Hudson's Bay Company Committee of the Hudson’s Bay Company Rupert’s Land Indian Territory Canada Vancouver’s Island British Columbia United States Vancouver's Island Victoria Washington British North America Dr. Rae Fenchurch-street

Parliamentary committee report guides company title claims

The text cites the 1857 Parliamentary committee report and law officers’ opinions as the best evidence on land validity and charter rights. It states the proprietors can rely on the committee not to impair the company’s title and to uphold its rights under all circumstances.

Parliamentary Committee

African Steam Ship Company Half Year Report Declares 8s per Share Dividend

The annual meeting at 14 Leadenhall Street presided by Mr P D Hadow reviewed six months to 30 April. Net revenue remains after reserves and depreciation with a proposed 8s per share dividend. Armenian repairs, Calabar first voyage, and Niger navigation inquiry discussed. Dividend payable 17 April.

Sierra Leone Liverpool London Thomas Norton Thomas Alexander Calabar Madagascar Macgregor Laird England R. B. Wade Fane de Salis Swanzy West African Company Niger
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