WANGANUI MEAT COMPANY.
SENSATIONAL ALLEGATIONS,
Marton, February 2,
Sensational allegations were made at the indignation meeting of Kangitikei farmers, ivho recently purchased shares in the Wanganui Meat Freezing Company. It ivas alleged that a canvasser for the company misrepresented the financial position, stating that the new capital would be used for buying stock. A short time afterwards the Avorks stopped operations, and negotiations are now proceeding for the sale to the New Zealand Refrigerating Company at a much reduced figure. It transpires that recent funds of the share issue will bo taken by the Bank of New Zealand. A deputation was formed to interview the manager of the bank, and the Government’s director on the bank, requesting that the re-cently-issued shares amounting to £30,000 be cancelled. Many farmers are involved and serious developments are likely.
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https://paperspast.natlib.govt.nz/newspapers/MH19260204.2.24
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Manawatu Herald, Volume XLVIII, Issue 2994, 4 February 1926, Page 3
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135WANGANUI MEAT COMPANY. Manawatu Herald, Volume XLVIII, Issue 2994, 4 February 1926, Page 3
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