HUDDART PARKER, LIMITED
A NEW COMPANY. By Cable—Press Association—Copyright. Received 9, 1 a.m. Melbourne, December 8. A company has been formed to take over the aiots and liabilities of the Huddart Parker Company Proprietary, Ltd., entitled "Huddart Parker, Limited," with an authorised capital of a million and a half, comprising 750,000 each cumulative, 6 per cent, preference and ordinary shares of £1 each. The first issue is to be of 600,000, each denomination of which will be 375,000 (sic), each to be taken by the vendor company in payment of the property s transferred. The reasons for creating a new organisation are that the business and individual interests have outgrown the scope of a proprietary concern, and expanding trade call* for additional vessels. It is the intention of the directors to order one or two new steamers early in the vear.
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Taranaki Daily News, Volume LIV, Issue 140, 9 December 1911, Page 5
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141HUDDART PARKER, LIMITED Taranaki Daily News, Volume LIV, Issue 140, 9 December 1911, Page 5
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