Notice is hereby given that the twenty-seventh annual general meeting of Cannock and Company, Limited, will take place on the 20th of February at the company’s offices located at 138 George Street, Limerick. The meeting will commence at twelve o’clock noon. The Directors are pleased to present the accounts for the year ending 31st January 1904.
After deducting all bad and doubtful debts and trade charges, the net profits from the trading amount to £9,788 5s Od. Combined with the sum of £3,069 13s 7d carried forward from the previous year’s account, the total available fund’s amount to £14,857 18s 7d. From this sum, an interim dividend of £3,825 0s Od at a rate of 9 per cent per annum, paid for the half-year ending 31st July 1903, must be deducted. This leaves a remaining balance of £11,032 18s 7d.
The Directors recommend the following appropriations: £3,825 0s Od for the payment of a further dividend for the half-year at the rate of 9 per cent per annum (free of income tax), £1,235 16s 9d for the write-off of building accounts, and £5,972 1s 10d to be carried forward to the next account.
P. R. Toppin, Esq., who retires by rotation from the directorate, is eligible and offers himself for re-election. Dividend warrants will be issued on 1st March.
By order of the Board,
Winifred Walsh
Secretary
Limerick Echo – 20 February 1904
