AMERICAN ITEMS
OIL COMPANY’S FINANCE. {United Press Association —By Electric Telegraph.—Copyright.) (Revived this day at 9.40 a.m.) LOS ANGELES, January 1(5. Richfield Oil Coy., one of the major concerns in the field lias been placed in a receiver’s hands. The liabilities are thirty-five million dollars and assets one hundred and twenty millions, the cause being large outstanding noncollectable accounts. A receivership in equity will allow the Company to continue operations as it- is opposed to liquidation.
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Hokitika Guardian, 17 January 1931, Page 5
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76AMERICAN ITEMS Hokitika Guardian, 17 January 1931, Page 5
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