London.
ilt- Justice Williams in directing Mi C. J. Stewart, the Official Receiver to institute civil proceedings against the old directors of the Loan and Mercantile Company to recover the amount of the dividends paid out of capital, said he considered such proceedings were necessary in the interests of the old shareholders. His Honor also instructed Mr Stewart to include the responsible officials of the Company in the proceedings. The Daily News states that Parliament will prorogue in August, and will not meet again until next year.
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Manawatu Herald, 21 June 1894, Page 2
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87London. Manawatu Herald, 21 June 1894, Page 2
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