JAS. J. KIVEN AND CO., LTD. The abridned prospectus of the above company will be found on another paße. The capital is Used at £JMI,OCO, in 3M,0(J0 6har«9 of £1 each. According to the history of the company, the concorn was reEistcred as a private company on September 21, 1903, and with the capital thet was introduced from time to time, tho total capital of the private company was brought up to £82,7C0. and the shareholders accept fully paid-up XI riiarcs to tho same amount in tho new company. The shares now offered for public, subscription total 117.3C0, which means that the comiianv will bo content with a capital of £2CO'.OCO. The minimum siibscrintibn on which the directors may proceed to allotment is 20.000 wliarcs. all of which the present shareholders arc prepared to take up. Very full details are (,'iven of the operations of the private company and its assets, nnd altogether the prospectus is clean and satisfactory. Applications for shares cloec on Tuesday, April JO.
It [CHITS AND DUTIES OP AUDITORS. In Hie Chancery Division, on January 23, Mr. Justice Eve- nave judgment in the case of Cull versus tlic lioiulon and County Land antl Uuildins Society, which is of interest both to auditors and directors of jointBtock companies. Jlis LorilE-hip, in Riving jiulgmvnl, said the iilaintUV, Mr. CufT. and liis colleague; were iippointeil auditors of the company at the annual general meeting on March 30, 1911, haying audited the book's fur some years previously. After the discovory of tho iliyhouef-ty of the Into irorro* tary, the directors alleged that this dlsboiicety lraa (acllitaUd and rrm laigaly dua.
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https://paperspast.natlib.govt.nz/newspapers/DOM19120309.2.95.2
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Dominion, Volume 5, Issue 1384, 9 March 1912, Page 8
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270Page 8 Advertisements Column 2 Dominion, Volume 5, Issue 1384, 9 March 1912, Page 8
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