The Great Eastern.
Regarding the steamer Great Eastern, the Pall Mall Gazette says : - — "The hopes of the unfortunate holder* of shares m that most unlucky speculation, the Great Eastern steamship, have once more Iteen falsified, and their white elephant is still upon their hands. Not only has the reported sale of the vessel to a company by which she was to l»e used as a coasting" hulk, fallen through, but the presumptive purchasers have, it is said, commenced an action at law against the present proprietors for breach of contract. Wherin the alleged 1 .reach of contract exists is known only to the directors of the ill-fated company; and these gentlemen, so far fiom satisfying the curiosity of the shareholders, merely express themselves 'at a los»s to comprehend ' the grounds of action. For the ifest, the accounts of the company for the pa.^t year are far from cheering". The total receipts amount to .£173 Is Id, including the sum of £24 paid m fees by visitors to the colossal failure. The expenditure, on the other hand, reaches the total of £2834 6s 7d.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS18841001.2.7
Bibliographic details
Manawatu Standard, Volume IV, Issue 261, 1 October 1884, Page 2
Word Count
183The Great Eastern. Manawatu Standard, Volume IV, Issue 261, 1 October 1884, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in