BANK OF NEW ZEALAND ESTATES.
London, July 24.
The New Zealand Estates Companywas issued to-day. The capital is £2,000,000, consisting of 75,000 6 per ( cent culmioative preference shares and 325,000 ordinarp shares, Uth being £lO shares. Fifteen thousand preference shares are unissued, and the balance of the preference Bhareg, and all ordinary ■hares with £1,500,000 cf debentures will be allotted to the Bank of New Zealand for the globo assets which were originally valued at £4,250,000. Mr D. Hean in hia re* port states that the properties will probably realise considerably beyond £3,108,0QQ, The Assets Company will qseume possession of the properties oo August §tb,
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Temuka Leader, Issue 2077, 26 July 1890, Page 1
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105BANK OF NEW ZEALAND ESTATES. Temuka Leader, Issue 2077, 26 July 1890, Page 1
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