Bank Statements and Public Trust Notice




2966
THE NEW ZEALAND GAZETTE.
[No. 73

Molone, latterly of Reparoa, Rotorua, in the Provincial District of Auckland, in New Zealand, but formerly of Aria, in the said Provincial District, Farmer, of the principal sum of £120, and (in certain circumstances) interest thereon at the rate of £6 per centum per annum: And whereas Hubert Hine, of Te Kuiti, Solicitor, holds in his trust account a sum £76 0s. 2d. which is alleged to be the sole money remaining owing under the said memorandum of mortgage: And whereas it is not known where the said William Molone is, or whether he is alive or dead: And whereas it is provided by Part III of the Public Trust Office Act, 1908 (relating to unclaimed property), as amended by section 41 of the Public Trust Office Amendment Act, 1921–22, that when it is not known where the owner of any real or personal property is, or whether he is alive or dead, and the value of such property does not exceed £1,000, the Public Trustee (with the consent of the Public Trust Office Board) may, by notice in the Gazette, declare his intention to exercise the powers conferred on him by section 87 of the Public Trust Office Act, 1908, and thereafter exercise the same without application to the Court: And whereas the said consent of the Public Trust Office Board has been duly given: Now the Public Trustee hereby gives notice that he intends to take possession of the said memorandum of mortgage, and of the said sum of £76 0s. 2d.; and to execute a release of the said memorandum of mortgage, and generally to exercise in respect of the said memorandum of mortgage and of the said sum of £76 0s. 2d. the powers conferred upon him in and by the provisions of Part III of the Public Trust Office Act, 1908, and the amendments thereof.

Dated at Wellington, this 5th day of October, 1928.

J. W. MACDONALD, Public Trustee.


Bank Statements.

STATEMENT of the average amount of Liabilities and Assets of the Bank of New Zealand, in New Zealand, during the Quarter ended 30th September, 1928.

LIABILITIES.

£ s. d.
Notes in circulation .. .. .. 3,455,894 0 0
Bills in circulation .. .. .. 119,139 0 0
Balances due to other Banks .. .. 58,839 0 0
Government deposits .. .. .. 1,628,403 0 0
Other deposits—
Not bearing interest .. .. .. 10,903,927 0 0
Bearing interest .. .. .. 14,272,305 0 0
Transfers from Long-term Mortgage Department .. .. .. 184,864 0 0

Total average liabilities £30,623,371 0 0

ASSETS.

£ s. d.
Coined gold and silver and other coined metals .. .. .. 2,926,862 0 0
Gold and silver in bullion or bars .. .. .. 6,362 0 0
Legal tender notes of other Banks .. .. .. 33,709 0 0
Notes and bills of other Banks .. .. .. 253,493 0 0
Balances due from other Banks .. .. .. 931,363 0 0
Landed property .. .. .. 409,548 0 0
Amount of all other securities—

  1. Notes and bills discounted .. .. .. 690,018 0 0
  2. Government securities (New Zealand or otherwise) .. .. .. 3,050,165 0 0
  3. Other funded securities .. .. .. 318,410 0 0
  4. Debts due to the Bank (exclusive of debts abandoned as bad) .. .. .. 18,696,372 0 0
  5. Securities not included under the above heads .. .. .. 257,400 0 0

Total average assets .. .. £27,573,702 0 0

Amount of the capital stock paid up at the close of the quarter ended 30th September, 1928:—

£ s. d.
4-per-cent. guaranteed stock .. .. .. 529,988 0 0
Preference A shares issued to the New Zealand Government .. .. .. 500,000 0 0
C Long-term Mortgage shares issued to the New Zealand Government .. .. .. 234,375 0 0
D Long-term Mortgage shares .. .. .. 468,700 0 0
Preference B shares issued to the New Zealand Government .. .. .. 1,375,000 0 0
Ordinary shares .. .. .. 3,750,000 0 0

Total .. .. .. £6,858,063 0 0

Rate of the last dividend declared to the shareholders on—
Preference A shares, 10 per cent. per annum.
C Long-term Mortgage shares, 6 per cent. per annum
D Long-term Mortgage shares, 7½ per cent. per annum.
Preference B shares, equal with bonus to 13⅞ per cent. per annum.
Ordinary shares, equal with bonus of 1 per cent. to 14⅓ per cent. per annum.

Amount of the last dividend declared on—
£ s. d.
Preference A shares .. .. .. 50,000 0 0
C Long-term Mortgage shares .. .. .. 7,031 4 10
D Long-term Mortgage shares .. .. .. 17,562 17 2
Preference B shares with bonus .. .. .. 181,250 0 0
Ordinary shares with bonus of 1 per cent... 537,500 0 0

Total .. .. .. £793,344 2 0

(On the Guaranteed Stock £10,599, interest for six months, was paid on 1st, May, 1928.)

Amount of the reserved profits at the time of declaring such dividend, £3,732,525.

Dated at Wellington this 2nd day of October, 1928.

H. BUCKLETON, General Manager.
H. H. FEATHERSTONE, Accountant.

[NOTE.—The above are the figures for New Zealand only.]

BANK RETURN (SUPPLEMENTARY).

Statement of the average amount of liabilities and assets of the Long-term Mortgage Department of the Bank of New Zealand during the quarter ended 30th September, 1928.

Liabilities.

£ s. d.
Capital .. .. .. .. 700,068 0 0

£700,068 0 0

Assets.

£ s. d.
Loans.. .. .. .. 515,204 0 0
Transfers to Bank .. .. .. 184,864 0 0

£700,068 0 0

Dated at Wellington this 2nd day of October, 1928.

H. BUCKLETON, General Manager.
H. H. FEATHERSTONE, Accountant.


STATEMENT of the average amount of Liabilities and Assets of the Bank of Australasia, in New Zealand, during the Quarter ended 30th September, 1928.

LIABILITIES

£ s. d.
Notes in circulation .. .. .. 401,962 12 4
Bills in circulation .. .. .. 17,433 18 6
Other deposits—
Not bearing interest .. .. .. 2,268,108 16 3
Bearing interest .. .. .. 2,663,768 5 5

Total average liabilities £5,351,273 12 6

ASSETS.

£ s. d.
Coined gold and silver and other coined metals .. .. .. 974,582 4 1
Legal tender notes of other Banks .. .. .. 3,885 17 1
Notes and bills of other Banks .. .. .. 77,398 5 7
Balances due from other Banks .. .. .. 16,846 3 1
Landed property .. .. .. 16,496 7 10
Amount of all other securities—

  1. Notes and bills discounted .. .. .. 95,717 4 3
  2. Colonial Government securities .. .. .. 154,763 1 11
  3. Other funded securities .. .. ..
  4. Debts due to the Bank (exclusive of debts abandoned as bad) .. .. .. 4,664,590 0 9
  5. Securities not included under the above heads .. .. .. 641 10 9

Total average assets .. .. £6,004,920 15 4

Amount of the capital stock paid up at this date, £4,000,000.
Rate of the last dividend declared to the shareholders, 14 per cent. per annum.
Amount of the last dividend declared, £280,000.
Amount of the reserved profits at the time of declaring such dividend, £3,989,567.

Dated at Wellington this 1st day of October, 1928.

W. L. WARD, Inspector.
J. HARLAND, Assistant Accountant.



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✨ LLM interpretation of page content

🏢 Public Trustee Notice under the Public Trust Office Act

🏢 State Enterprises & Insurance
5 October 1928
Public Trust Office Act, Mortgage, Unclaimed Property
  • William Molone, Owner of unclaimed mortgage
  • Hubert Hine, Solicitor holding trust account

  • J. W. Macdonald, Public Trustee

💰 Bank of New Zealand Quarterly Statement

💰 Finance & Revenue
2 October 1928
Bank Statement, Liabilities, Assets, Dividends
  • H. Buckleton, General Manager
  • H. H. Featherstone, Accountant

💰 Bank of New Zealand Long-term Mortgage Department Statement

💰 Finance & Revenue
2 October 1928
Mortgage Department, Liabilities, Assets
  • H. Buckleton, General Manager
  • H. H. Featherstone, Accountant

💰 Bank of Australasia Quarterly Statement

💰 Finance & Revenue
1 October 1928
Bank Statement, Liabilities, Assets, Dividends
  • W. L. Ward, Inspector
  • J. Harland, Assistant Accountant