MACDUFFS LTD.
POSITION OF CREDITORS
A meeting of creditors of Macduffs Ltd. was held yesterday and received from the committee representing the creditors and also from the directors reports of the company's position.
It was made clear that substantial progress in the affairs of the corn-any had been achieved over the past six months and that trading results for the period the present board has been in control had been satisfactory. Publication in some newspapers of a recent report of the creditors' committee had been unauthorised. The meeting unanimously .extended the moratorium to the company. Steps are being taken for an early substantial dividend to creditors.
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https://paperspast.natlib.govt.nz/newspapers/EP19390520.2.94.12
Bibliographic details
Evening Post, Volume CXXVII, Issue 117, 20 May 1939, Page 12
Word Count
106MACDUFFS LTD. Evening Post, Volume CXXVII, Issue 117, 20 May 1939, Page 12
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