LOAN & FINANCE FIRM
INVESTIGATION IN SYDNEY. By Telegraph—Press Association—Copyright. SYDNEY, May 11. An investigation of the affairs of the Scottish Loan and Finance Company, Limited, was opened today by the Official Assignee, acting under instructions from the provisional liquidator who was appointed yesterday by the Equity Court. Detectives had previously collected all books and records pending the hearing of the petition for the winding up of the company. The Equity Court was informed that a cheque for £5OO was sent by the Auckland brokers, C. J. Green, Limited, as the proceeds of a sale of preference shares, and that Mr Albert Levitus. chairman of the company, had given directions that this cheque be paid into his private account. Mr Levitus had thereupon been relieved of his duties as chairman.
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Wairarapa Times-Age, 12 May 1939, Page 5
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129LOAN & FINANCE FIRM Wairarapa Times-Age, 12 May 1939, Page 5
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