AUSTRALIAN CABLE.
Sydney, Sept, 9,
The investigation into the affairs of the Australian Mercantile Loan and Guarantee Bank resulted in some extraordinary revelations. A former director was in receipt of £IOOO per annum for nothing, and in addition an overdraft amounting to £IO,OOO. Meetings of the shareholders have been characterised by most disorderly scenes.
Two more financial institutions, the Imperial Land Building and Deposit Company, and • the City and County Investment, have suspended payment. It has been decided to prosecute the directors ol the Anstralian Mercantile Guarantee Bank, and the two auditors who signed the balance sheet. Adelaide, Sept. 10.
Evans, champion billiard player of Australia, defeated Roberts in a 2000 game in which the latter conceded. 1000 points. Evans wp,nb,y 148,
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Temuka Leader, Issue 2253, 12 September 1891, Page 1
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122AUSTRALIAN CABLE. Temuka Leader, Issue 2253, 12 September 1891, Page 1
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