MISPLACED CONFIDENCE
HATRY DIRECTORS LET DOWN MEETING OF CREDITORS Reed. 1.20 p.m. LONDON, Thursday. At; a meeting ot the creditors and siiareholders of the Corporation of General Securities, Ltd., one of the Hatry companies, the Official Receiver said the company had issued corporation and colonial loans totalling £21,500,000, on which it had sustained a gross loss ot £157,909. In reply to shareholders' questions, the Marquess of Winchester said the board had placed conlidence in the integrity of the company's officers, but he was afraid the things had been done behind the directors’ backs, of which it was impossible they could have been aware.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19291213.2.82
Bibliographic details
Sun (Auckland), Volume III, Issue 845, 13 December 1929, Page 9
Word Count
103MISPLACED CONFIDENCE Sun (Auckland), Volume III, Issue 845, 13 December 1929, Page 9
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