REMUERA LAND & BUILD ING COMPANY, LIMITED.
A Welli attended meeting of this Com. pany was held this afternoon in the oilices of Mr F. A. White, Shortlaud-street. Mr Thos. Macffartane in the chair. The minutes of tho previous meeting having been read and confirmed, the secretary read the first report and balance-sheet:— " During the year, ending 31st August, there has been sold 68a. Or. lip., realising £9,706 5s 7d ; leaving a balance of 103a. lr. 16p. yet to ba disposed of. From the balance-sheet hereto appended, it will be obsjrved that, after paying all expenses of forming and registering tke Company, and an honorarium to the Directo s, there is an available balance of £1,536 3s Id, out of which the Directors recom mend that a dividend of 5 per cent, on the paid-up capital should be paid, absorb ing £548, leaving a balance of £988 3s Id to be carried forward. In accordance with the Company's memorandum of Associa tion, Messrs William Aitken, and Thomas Buddie retire from the directorate by rota tion, but, being eligible, offer themselves for re-election. •The auditors, Messrs Fraser and Milne, also retire, but offer themselves for re-election.—For the Board of Directors, T. MacfFAkLANE, Chair, man."

PROFIT AND LOSS ACCOUNT, TO AUGUST

31st 1881.
