FlightGlobal.com
Home
Premium
Archive
Video
Images
Forum
Atlas
Blogs
Jobs
Shop
RSS
Email Newsletters
You are in:
Home
Aviation History
1918
1918 - 0732.PDF
JUNE 27, 1918. Presentation"to Mr. Handley Page, C.B.E., on Monday evening, by the staff and employees of theworks, in honour of bis recent marriage. On the platform are Mr. and Mrs. Handley Page, Mr. Hubbard, General Manager, Mr. Wade, one of the Shop Stewards, Mr. Meredith, and Miss Dyter,the Welfare Superintendent. COMPANY MATTERS. G. D. Peters and Co.THE report of G. D. Peters and Co. for the half-year ended March 31st states that net profit amounts to £26,129 ;£14,010 was brought in, making £40,139. The directors recommend, subject to deduction of income-tax, a participat-ing dividend on preference shares at the rate of 2 per cent, per annum for the six months and a dividend on ordinaryshares at the rate of 12 per cent, per annum, to add to reserve fund £10,000 and to carry forward £20,139. In view of thelarge volume of business and the high cost of materials, the directors consider it advisable to increase the capital by thecreation of an additional 100,000 shares of £1 each. If the issue be approved, the new shares will be issued as andwhen required for the purposes of the company. Meeting, Institute of Chartered Accountants, MoorgateStreet, E.C., 28th inst., noon. Rolls-Royce, Ltd.THE accounts of Rolls-Royce show, after providing for depreciation of buildings and plant, making provision towardswriting down to estimated post-war value, and depreciation of new buildings, machinery and plant erected and installedfor munitions of war purposes, and making provisions for the estimated amount payable under the Finance and Muni-tions of War Acts, and after charging repairs and replace- ments to revenue, a net profit of £142,056, for the year toOctober 31st, 1917, as compared with £82,640. With £43. "5 brought forward, the available amount was £185,172,against £114,115. A dividend at the rate of 10 per cent, for the year, less tax, has been distributed, and fully-paidbonus shares were issued at the rate of a share for share. Of the balance available the directors recommend thefollowing transfers :—£45,000 to income-tax account; £50,000 to reserve fund; £30,000 to war concingency account ;forward £40,172. A year ago the dividend was the same; /20.000 was then added to the debt guarantee fund, and£30,000 to income-tax account. NEW COMPANIES REGISTERED.AERO ENGINE RECONSTRUCTION CO., LTD.— Capital £3,000, in £1 shares. Objects, to reconstruct, repair,or deal in engines for motor cars, aeroplanes, &c. CELLON (RICHMOND), LTD., 22, Cork Street, London.—Capital £70,000, in 45,000 and 25,000 7jper cent, participating cumulative preference of £1 shares. Acquiring part of thebusiness carried on by Thomas Tyrer and Co., Ltd., at Strat- ford, E., and at Cellon Works, Richmond, S.W., as manufac-turers of aeroplane dope and varnishes for Cellcn, Ltd., and part of the business of Cellon, Ltd., relatirg to the sale cf suchdope and varnishes, &c. First directors : A. J. A. Wallace Barr, R. E. P. Grosscurth and P. H. Chambers. m « m m NOTICE TO ADVERTISERS. IN order that "FLIGHT" may continue to be pub- lished at the usual time, it is now necessary to close for Press earlier. All Advertisement Copy and Blocks must be delivered at the Offices of ••FLIGHT," 36, Great Queen Street, Kings way, W.C. 2, not later than 12 o'clock on Saturday in each week for the following week's issue. If you require anything pertaining to aviation, study ••FLIGHT'S" Buyers' Guide and Trade Directory, which appears in our advertisement pages each week (see pages liv, lv, and lvi). FLIGHT and The Aircraft Engineer. 36. GREAT QUEEN STREET, KINGSWAY, W.C. t. Telegraphic address: Truditur, Westcent, London. Telephone: Gerrard 1828. SUBSCRIPTION RATES. "FLIGHT " will be forwarded, post free, at the following rates:— UNITED KINGDOM. ! ABROAD. s. d.3 Months, Post Free.. 7 1 6 ,, .. 14 1 ix „ „ .. «8 s *. d.3 Months, Post Free.. 8 3 6 „ ,, .. 16 6 33Cheques and Pott Office Orders should be made payable to the Proprietors of " FLIGHT," 36. Great Queen Street, Kingsway, W .C. 2, and crossed London County and Westminster Bank, otherwise ne responsibility will be accepted. 730
Sign up to
Flight Digital Magazine
Flight Print Magazine
Airline Business Magazine
E-newsletters
RSS
Events
