"Fiat Lux" Replies

NZ Truth, Issue 1239, 29 August 1929, Page 9

"Fiat Lux" Replies

•'G.E.S.": (1) Very sound, investment, especially so if you' can afford to hold for some years. New share issue 13 at par to present holders; (2) As position of company sems to be steadily improving would bold for another year and then re- \ survey the position. I. ."A.C.D.": Without perusing your contract it is not possible to advise you definitely, but it is highly probable that the company could exercise a valid lien ; over the paid-up share for the amount t unpaid on the second share, or rather, bond. Submit the papers to your solicitor ' and If you prove to be liable then approach the company for relief. "Investment": Will be dealing with the » subject m these columns m the near fui ture; meantime would advise caution. "Constant Reader" (Nelson): Would ( recommend you .to quit - the ' freezing shares early as possible, but hold the others for another year as it appears probable they may rise a little m that tinie. "Remac": Tour questions were answered fully m the article published m our Issue of July 25, 1929. ■' "J.C.C.": Thanks for further information and ,1928 accounts which will keep for review purposes when-September 30, 1929, accounts are available.