NEW SHIPPING COY
SOME OF TILE 1)1 RECTORS WiTDRAW.
DuaEDIN, June (i
It is imdestood that the Pacific Company, the prospectus <*f winch was issued some time ago, will not go to allotment. It is stated that origin of the provisional directors onsidcrcd that the venture was being launched on to ambitious a scale' and uioy have now disassociated themselves
from the company. Steps arc now ■ i -ing taken to form a new company, wlio.so operations will be considerably modified.
The main object of the new enterprise* is to establish a direct shipping service Mtelween southern ports and \ustralia. and when the company has; been launccliel an up-to-date vessel o' cotween 401)0 and 5000 tons will probibly bu acquired. It is claimed that strong support has already been promised in Invercargill and Dunedin, and it is stated that contracts have already been entered into in Austra-
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19320609.2.21
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 9 June 1932, Page 3
Word count
Tapeke kupu
146NEW SHIPPING COY Hokitika Guardian, 9 June 1932, Page 3
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in