The Great Barrier Company.

Thames Star, Volume XV, Issue 4678, 4 January 1884, Page 3

The Great Barrier Company.

The holders of, shares and debentures in the Great Barrier Land, Harbour, and Mining Company will be gratified to learn that there is at least a prospect of a handsome return under the liquidation. It appears that when the Company went into liquidation in 1868, the assets consisted of .30.0G0 acres of valuable land, upon which were several prosperous farms, in a favor able position, on Great Barrier Island, at the mouth of the Gulf of Auckland, N.J3. The liquidators appointed in 1868 were Messrs P. Wright, Frewer, and Park Pittar, but after the liquidation bad being go» ing on for some two or three years an order : was made that .the winding up should be continued under the supervision of the Court, and Mr Good (of Messrs Good, Daniels and Co., Poultry), was appointed official liquidator. Since the appointment no public meeting is known to have been held, although it is Stated that a considerable proportion of the assets has been realised, and that the remainder has vastly increased in value; these, however, are matters of which nothing can be definitely stated until the liquidator's accounts are publicly submitted. It is understood, however, that there will be no further delay, Mr Good having given a shareholder a distinct assurance that he will call a meeting to render a complete account of his stewardship. From the reputation of the firm, it is not doubted that whatever sales of pro perty made have been at good prices, and . that whatever remains in hand will be well sold ; so that shareholders and debentureholders may, if they carefully watch their interests look for a speedy return for a large proportion of their investments. The calling of the meeting will be anxiously waited for.—European Mail. .