THE BANK OF NEW ZEALAND.
London, July J 8
The London Board has decided lo accept the management of the Bank of New Z-alaud for the globo company, which will be floated independently. The capital consists of a million and a half in preference shares, and a million in ordinary shares. The bank will retain the ordinary shares.
July 19.
The Assets Company will be known as the New Zealand Estates Company. Everything is expected to bd arranged in a week. The capital w[ll he £3,170,993, the exact amount qf Mr Hean’s valuation, 'ifae directors are Messrs Jeffreys (chairman), Hean, Ewan, Rome, and George, The bankers are Glynn, Mills, Currie, Aid, and the Bank of New Zealand,
Jqly 31.
The New Zealand Estates Company will be issued on Wednesday. The trustees are Sir John Gorst, Baron Schroder, and Lord 'Lynne. The articles of association will be signed on Tuesday, 1,500,000 5£ per cent debentures will be offered at 95, redeemable in 20 years, or sooner qt 105* Preference and ordinary shares are retained for the Rank of New Zealand, None of the debentures ate now obtainafi'e under par. The globo, assets will yield a revenue of SII?,OQQ, A meeting ot the shareholders of the Bank of New Zealand will be held on August 28th,
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TEML18900724.2.3
Bibliographic details
Ngā taipitopito pukapuka
Temuka Leader, Issue 2076, 24 July 1890, Page 1
Word count
Tapeke kupu
214THE BANK OF NEW ZEALAND. Temuka Leader, Issue 2076, 24 July 1890, Page 1
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in