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The Pamphlet Collection of Sir Robert Stout: Volume 80a

The Fifth Annual Report and Balance-Sheet of the — Dunedin and Suburban Coal Company, Limited

The Fifth Annual Report and Balance-Sheet of the

Dunedin and Suburban Coal Company, Limited.

The Directors have the pleasure to submit their Report to the Shareholders for the year ending 31st July, 1893. The Profit and Loss Account shows a profit for the year of £88 6s. 3d., which, added to £54 18s. 1d. brought forward from last year, leaves an available balance of £143 4s. 4d.

This amount the Directors recommend should be appropriated in the following manner:—
Dividend and Interest at 10 per cent. on paid up Capital £40 11 0
Bonus to Manager 10 10 0
Directors fees 12 0 0
Reserve fund 25 0 0
Carry forward 55 3 4
£143 4 4

The whole of the Directors retire, but are eligible for re-election.

Walter Hislop

, Chairman.

F. L. Clarke

, Manager.