NEW SOUTH WALES.
£tdnet, January 11.
The directors of the South Pacific Petroleum Company, which has its works at Gisborne, have resolved to form a new company with a capital of ;£i()o,qoo m ;£i shares. The present shareholders are to receive j£i per share m cash, and 60,000 shares divided m proportion to the number of shares held at present. The new company will lay the pipe line and build the necessary tankage and machines re-; quired for refining the qil. It is stated there will be no difficulty m floating nhe new company, as all the shares can be tajcen here,
There are 27 acceptors for the Anniversary handicap, including §pade Guinea.
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https://paperspast.natlib.govt.nz/newspapers/AG18880112.2.13.2
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Ashburton Guardian, Volume VII, Issue 1738, 12 January 1888, Page 2
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113NEW SOUTH WALES. Ashburton Guardian, Volume VII, Issue 1738, 12 January 1888, Page 2
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