AN IMPORTANT UNDERTAKING.
The figures of the Halifax Permanent Building Society have for some years been of a striking and expanding char- acter, but now that the concern is united with the Halifax
Equitable Society the figures are even more impressive. Thus, at the annual meeting held this week, the President, Sir William Ramsden, J.P., was able to state that the total amount of the investors' and depositors' fund in the combined Society amounted to no less than £45,520,000, while the Reserve Fund, representing the undivided profit, amounted to £1,461,200. The total number of members and depositors in the combined Society is 329,224, and after providing for all interest due to depositors and shareholders up to the date of the last accounts, there remained a surplus of £359,457.
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