VESSELS SOLD
SOUTHERN FISHING VENTURE
DUNEDIN, January 17
Some time ago a company, known as Western Fisheries Ltd., was formed in Dunedin to exploit the fishing grounds' in the West' Coast Sounds, and for this purpose it purcliesed the well-known coastal trader Stella. The vessel was fitted out at great expense with freezing chambers for the storage of catches, and a second purchase was made of the large launch Mahoe, which the company intended to use to take fish to the Bluff, whence a large proportion was to be shipped to Australia.
The Stella was towed by one of the Union Steam Ship Company’s vessels to Dusky Sound, where it now lies at anchor. The expectations of the company were not realised, and it recently went into liquidation. J To-dav the vessels were sold at auction on behalf of the liquidators, the purchaser being, Mr J. Lindsay, a local merchant. The purchase, it is understood was made on behalf of a syndicate which intends to carry on the business. I
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Hokitika Guardian, 20 January 1930, Page 3
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170VESSELS SOLD Hokitika Guardian, 20 January 1930, Page 3
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