HON. A. J. MUNDELLA'S EXAMINATION.
[PEB PBKSS ASSOCIATION.] London, April 10 Respecting the New Zealand Loun and Mercantile Company, the Hon. A i J. Mundella, in his examination, denied that he was aware that prospectuses regarding the security of debentures were misleading, but thought them only ambiguous. He condemned the colonial Board's greediness for business and overtrading up to the hilt, against which he had protested. The suggestion that he had been guilty of a policy of concealment was gross injustice, but he thought it would be injurious to inform shareholders of Mr Lark worthy's report without confirmation. Mr Paul, he said, never mentioned the Company's holdings of Waikato lands in connection with the balance-sheet of 1891. The judge described the Company's transactions in Waikato lands as unjustifiable as an investment. LATER PARTICULARS.
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Bibliographic details
Feilding Star, Volume XV, Issue 285, 11 April 1894, Page 2
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133HON. A. J. MUNDELLA'S EXAMINATION. Feilding Star, Volume XV, Issue 285, 11 April 1894, Page 2
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