276
[Annual General Meeting held at
Law Association Rooms, Monday
June 26, 1950.]
Present:- Dr. C. S. Baxter (Chair), E. Green, W. C. Gibbins,
W. R. Williams, R. E. Searle, C. C., J. C. Sharp,
(Major R. A. D. C.), H. R. Williams, N. W. Coffey
& 51 Shareholders.
Messrs J. C. Bryson, G. H. Bowler, C. S. Britton &
Secy. in attendance.
A message of goodwill was sent to Mr. F. W. Lake (indisposed)
Secy. read notice Convening the meeting.
The Press were admitted.
Directors Report Dr. Baxter give his report of the
A/cs & B/S Season's working, & Mr. Bowler having read
the Auditors Report, the adoption of the
Accounts & Balance Sheet as read, was put to
the Meeting & seconded by Mr. E. Green. This was
carried.
Dividend Mr. W. R. Williams proposed & Mr. R. E.
Searle seconded that a dividend of 7½%
on the Paid up Capital of the Company-
less Income Tax-be paid. This was carried.
Remuneration Messrs Micklesfield & Baxter proposed
? Auditors & seconded that Messrs T. Theo. Rogers Bowler
& Co. be paid of Eighty Guineas for the
forthcoming year. This was carried after Mr.
Nuttall suggested that thought might be given
to increasing this next year.
Re-election of No other nominations having been
Directors received, the retiring Directors Messrs Gibbins,
W. R. & H. R. Williams were unanimously re-elected
for a period of 3 years. They expressed
their thanks to the Shareholders for their
