Page 2 Advertisements Column 4

Manawatu Herald, 26 April 1894, Page 2

N.Z. Loan and Mercantile Agency Co., Ltd. In his evidence before Judge Williams Mr Thomas Russell said that a rise of 8d in wool would quickly restore the New Zealand Loan and Mercantile Agency Company to a sound position. Mr Larkworthy was eccentric in his behaviour, and he did not trust his judgment. Wit« * ness denied that he would be per*: sonally ruined if the Company were not assisted to resume business. He would still be able to pay the interest on the principal without undue personal sacrifices. The Waikato properties were of enormous exttnt. He was not aware that the 1888 prospectus was misleading. The Judge referring to the varioug circulars that had been issued, said the Company had always seemed to be oppressed by the fear of telling too much. The Company had allowed Mr Russell an excessive amount of influence in arranging the Waikato transactions. Mr Russell, however, denied that this was the case. Mr C. J. Hegan and Mr W. W. Oswald have joined the Board of Directors of the Company.