HARBOUR BOARD PAYS
DAMAGE BY TUG
FEDERAL LINE'S CLAIM
(By Telegraph—Press Association.)
AUCKLAND, December 6.
The damage to the Federal Line's motor vessel Essex, which was fouled by the Auckland Harbour Board's tug Te Awhina on August 11, amounted to £1026. The board received a letter from its solicitors stating that in their opinion the board was liable for the full damage caused to the Essex. Instructions were given by the board to its solicitbrs to pay the amount without prejudice in full settlement of the company's claim
Salvaging and reconditioning of the Te Awhina cost £7500, which has been paid out of reserves. The board's insurance and other reserve funds, which are invested in Government stock and in mortgages, total £148,500
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https://paperspast.natlib.govt.nz/newspapers/EP19381207.2.47
Bibliographic details
Evening Post, Volume CXXVI, Issue 137, 7 December 1938, Page 9
Word Count
122HARBOUR BOARD PAYS Evening Post, Volume CXXVI, Issue 137, 7 December 1938, Page 9
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