PROBABLE SALE
WANGANUI FREEZING WORKS
Wanganui, January 23,
It is reported that the Wanganui Meat Freezing Co., Ltd., which has been unable to obtain finance to open its works this season, has agreed to sell them to the New Zealand Refrigerating Co., Ltd., which company owns the other local works. The sale is subject only to ratification by the shareholders of the Wanganui Meat Freezing Company, a meeting of which is called for February 3 to approve the sale or otherwise. In the absence of any fresh financial support from producers, or of any scheme _to permit of the Wanganui Company resuming operations, it is expected that the shareholders will confirm the sale. It is understood that payment will be made partly in cash and partly in shares in the New Zealand Refrigerating Company.
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https://paperspast.natlib.govt.nz/newspapers/MH19260126.2.23
Bibliographic details
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Manawatu Herald, Volume XLVIII, Issue 2990, 26 January 1926, Page 3
Word count
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134PROBABLE SALE Manawatu Herald, Volume XLVIII, Issue 2990, 26 January 1926, Page 3
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