Rangitikei Fibre Company.
*• We ero pie sed to learn says the Advoctae that onr suggestion about engaging Mr Jellicoe to sift the affairs of this company to the bottom hat been adopted. Mr.S K. Richards, who is one of the larg- st credi* tor:?, proceeded tf) Wellingon and employed Mr JelUcae, who gave him considerable hope qf success. If it is true, as alleged that two of the promotor-* of the company got £8000, and if the capital was still represented ns being £5000. then, Mr Jellicoe says, the liquidation cannot go on, and the £8000 wi'l have to be re funded As this sum wou'd mcc. all he company's liabilities no liqni-t dation would be needed Mr Richards is willing to act as proxy for the Mar on, Bulls, Turakinn, and and Wangauui c_ editors, and a notice to th^ effect is published in our advertising columns. Mr Nathan i - to act a*, proxy for the Palmeraton creditors. Now that a beginning has been made in the right way we trust tbat the creditora will fight the matter to the hitter end. Mr Je lione has no equal in the Colony fop
workof thitf-kind and th & creditor* should give him every possible assistance.
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https://paperspast.natlib.govt.nz/newspapers/MH18900502.2.14
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Manawatu Herald, Volume III, Issue III, 2 May 1890, Page 2
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204Rangitikei Fibre Company. Manawatu Herald, Volume III, Issue III, 2 May 1890, Page 2
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