Southland Frozen Meat Company.
(Per Press Association.) Invercargill, Jan. 13. At a meeting of the Southland Frozen Meat Company the action of the directors in handing over the control of the business, works, finance, etc., of the company to persons who had become guarantors of the Company's indebtedness to the Bank of New Zealand was approved, and all powers vested in the directors, it was agreed, might be transferred to any persons or corporation advancing money or becoming security for tbe liabilities ofthe company: this to be retrospective. It was resolved that L 2 per share be written off, it being considered necessary to do this before asking the public to take up the new shares, which are to be preferential, holders to have a first claim on assets of the company in the event of
winding up.
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https://paperspast.natlib.govt.nz/newspapers/FS18960114.2.9
Bibliographic details
Feilding Star, Volume XVII, Issue 164, 14 January 1896, Page 2
Word Count
138Southland Frozen Meat Company. Feilding Star, Volume XVII, Issue 164, 14 January 1896, Page 2
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