BANK OF NEW ZEALAND
HALF A MILLION CAPIT\L TO 1573 CALLED UP. The nulhoriticw of the Bank of New Zealand state that the Minister of Pinance ha.s Hanctioned Die bank's proposal to call m> tho ,C 3 6s. Bd. per share of uncalled capital on tho 150,000 ordinary Fhnres (if the bank at present pnid up to only ,£3 Gs. Bd. pw share. It was agreed between (In- holders of ordinary shares and the board in 1913, when tho bank miuie its lust issue of additional capital, that tlnV uncalled amount should bi> called lip within seven years. ;u],| tho present Mine, when banking institutions in tho lending countries in the world are all fitrengtlioniiiK their capita, is considered i> suitable juncture at which (o niako the call. Shareholders are heiuT nolified that th,-> call.will he made in January next and will ho payable in one amount of J% Gs Bd. per sflinre on April 1. 1320. After payment has been made, all th« ordinary shares of the bank will be paid up to M Ms. 'Id. per share.
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Dominion, Volume 12, Issue 276, 18 August 1919, Page 10
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179BANK OF NEW ZEALAND Dominion, Volume 12, Issue 276, 18 August 1919, Page 10
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