LIPTON'S SHAREHOLDERS ANGRY
DEFICIT OF £230,000. By Telecraph—Pi'ces Association—GopyrisM< (Rec. August 25, 9.15 p.m.) London, August 24. There was an angry meeting of Liptons, Ltd., shareholders. A deficit.of £250,000 was reported. This, the chair* man announced, . Sir Thomas Lipton' would replace. ' ■ ; [It was reported a few days ago that' Lipton's, Ltd., report showed discrepancies in certain stocks and losses in certain investments. Costs Incurred in litigation had diverted a substantial amount of working capital. Tho _direotor recommended a special provision of £220,889 for depreciation, eto. Thpre would bo no dividend.]
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Dominion, Volume 8, Issue 2550, 26 August 1915, Page 6
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90LIPTON'S SHAREHOLDERS ANGRY Dominion, Volume 8, Issue 2550, 26 August 1915, Page 6
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