Bank of New Zealand.
A CALL OF .£3 6s ad PER SHARE. (Per Press Association). Wellington, Deortuber 6 The Bank of New Zealand has made a call of i.'.'s 6s 8d per share on all ordinary shares, payable in throe instalments iv Wellington and Loudon on February 1, August 1, and November 25. The call, if paid in full, will produce £500,000. In the circular addressed to the shareholders it is explained that the call is made iv pursuance of clauso 5 of the Bauk of New Zealaud Share Guarantee Act 1894. It is considered uecessary for the welfare of the Bank to call iv aud cancel the half of the Estates Company's 5_ per cent debentures, amounting at present to £1,500,000. The Directors regret the necessity for this call, but they believe it to be in the true interests of shareholders aud conducive to tho buccoss of the Bank. Mr C. G. Andrews, who bas been for some years Inspector of the Bank of New Zealand in Australia, arrived hero yesterday to tako up tho position of Inspector or Actiug-Geueral Manager of the Bauk.
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https://paperspast.natlib.govt.nz/newspapers/FS18941207.2.11
Bibliographic details
Feilding Star, Volume XVI, Issue 138, 7 December 1894, Page 2
Word Count
185Bank of New Zealand. Feilding Star, Volume XVI, Issue 138, 7 December 1894, Page 2
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