A DIFFICULTY.
THE COMPANIES ACT. (By Telegraph.—Special Correspondent.) Auckland, June 9. Recently' a large number of mining companies, whose offices are situated in Auckland, were prosecuted for failure lo publish their statements of affairs. The sections governing this statutory duty are felt far too hardly, and advantage was taken of the presence in Auckland of tho Hon. Dr. Findlay, AttorneyGeneral, to make representations for their amendment. Dr. Findlay said he recognised the difficulties, and would give. the representations earnest consideration, and if he found it desirable, move for an alteration in the law. The main point urged by the deputation is that frequently a general meeting of a mining company lapsed for want of a quorum, and the law provides fhat the statement should lie filed within, a certain time after the general meeting has been held, while in point of fact in many cases no meeting can be hold.
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https://paperspast.natlib.govt.nz/newspapers/DOM19100610.2.25
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Dominion, Volume 3, Issue 839, 10 June 1910, Page 4
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150A DIFFICULTY. Dominion, Volume 3, Issue 839, 10 June 1910, Page 4
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