NO DIVIDEND FROM WONDERLAND.
CARRIED EXHIBITION - OX ITS BACK. AUCKLAND. March 31. A meeting of shareholders in the Amusements Company, which 'controls Wonderland at the Auckland Exhibition, was informed by the chairman that tile company consisted of 20,000 (shares, 10.000 of which went to tho vendors. Of the remaining shares 6000 were sold so wolf at £1 per share that the directors decided that the balance be offered at an increased price. Another 1000 shares were sold at £2 per share, bringing the subscribed capital to something over £9OOO. 'Hie expenditure in connection with Wonderland ran into £20.000. That venture hai) not come up to expectations, hut that was not to the blame of the directors. They had had to contend with the strike, smallpox epidemic, and unfavourable weather. Wonderland might almost be said to have carried the Exhibition
on its back. Though there was no prospect dl ;i dividend there would lu> no i|Uiction ol tin* Amusements Company going into liquidation. It was staled liy speakers that no relied ion wus made on tlif* directors’ management. Tlio meeting appointed a, committee to cooler with tlio directors und report on the exact position of the company.
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Manawatu Herald, Volume XXXVI, Issue 1228, 2 April 1914, Page 4
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196NO DIVIDEND FROM WONDERLAND. Manawatu Herald, Volume XXXVI, Issue 1228, 2 April 1914, Page 4
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