King Country power trustees elected
Brian Gurney has been re-elected as Turangi representative on the King Country Electric Power Trust, and June Baker of
Taumarunui was also elected for the three year term, trust chairman Ian Strachan announced last week.
She replaces Jeremy Stubbs, who has been a trustee for the past two years. The purpose of the trust is to hold shares in King Country Energy Limited on behalf of consumers until a shares ownership review has been carried out, sometime before I July 1996 and
after consultation with the directors of the company and with the public. Trustees will also receive any dividends payable by the company and distribute or pay these to the consumers. They also help the company meet its objective of being a successful business
and should distribute to consumers in their capacity as owners, the benefits of ownership of the shares in the Company. Current Trustees are: I H Strachan, J M Baker, G S Cosford, B J Gurney, N Sanders.
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Ruapehu Bulletin, Volume 12, Issue 578, 21 March 1995, Page 11
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167King Country power trustees elected Ruapehu Bulletin, Volume 12, Issue 578, 21 March 1995, Page 11
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