N.Z. Loan and Mercantile Agency Co. , Ltd.
.— ♦ — '■ — -~^- ■::-.. Mr Stewart, the Official Receiver, intends to advise that prompt .steps be taken to recover from the directors of the Loan and Mercon tile Agency Company the amount of dividends paid out of capital. Additional directors of the Company are Messrs A. C. Garrick and Henry J . Gibjbtf , r ' ,y .; k i ] It "4a probaljle-that ft question' will be raised as to the liability of the late Board for dividends paid out of capital. , , v ».. t ,~. ThQ Statist and Ecoriomint ibnjur in the opinion that Mr Mundella should resign from the. Government, and assert that his position is ■ Untenable. ! Mr 0. J. Hegan has withdrawn from the Board of Directors, of the New Zealand Loan and Mercantile Agency Company. The general manager in Auckland of the New Zealand Loan and Mercantile Company has received a cablegram Irora London confirming the press announcement of the new Company, and stating that .JtKi Board of Directors had met to 'sign^ the necessary documents for taking' over the property, assets, and undertakings of the old Company.
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Manawatu Herald, 15 May 1894, Page 2
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179N.Z. Loan and Mercantile Agency Co., Ltd. Manawatu Herald, 15 May 1894, Page 2
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