THE NEW LOAN COMPANY.
(per press association.) AUCKLAND, This day. The floating of the now ’Mortgage Company with a capital of £2,000,000 has largely exceeded the expectations of the promoters of the company as applications for shares from all portions of the colony are far in excess of any number, .that can be allotted if the entire 100,000 shares were issued instead of 50,000 as originally intended. It is not known what action the directors will take to meet the demand for shares, but probably a larger number will issue, than was coratemplated. Even then applicants cannot by any means receive the number of shares they have applied for. ''
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Bibliographic details
Patea Mail, Volume IX, Issue 1073, 15 August 1883, Page 3
Word Count
109THE NEW LOAN COMPANY. Patea Mail, Volume IX, Issue 1073, 15 August 1883, Page 3
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