"AGE" SPECIALS.
(Reuters Telegrams—Copyright.)
[BY ..ELECTRIC ; TELEGRAPII-j
London, June 12,
The Imperial Treasury is opposing the application made by the Bank of South Australia for an extension of its present charter. The ground of opposition is that the application includes a clause which limits the liability of shareholders in regard to the issue of notes,'
The new Oriental Bank Corporation prospectus, of which a copy was issued last week, has been formed under the limited liability statute. It is probable that some efforts will bo made to secure /a portion of the. Australian business of the late corporation. Juno 14, ■ : ,Solicitor General Sir Farrar Herschell, Q.C., has given an opinion, in favor of the legality of Mr Justice Molesworth's decision on the question, of local liquidation in connection with, the affairs of tho Oriental Bank Corporation, Sir F. Herschell considers' that the Government of. Yictoria'is entitled to transfer its claim from London to Molbourne. . June 15. Commenting upon recent complaints made by planters of Fiji against the ■policy of Sir G. W. Desvoeitx, the Governor of Fiji, the Standard insists that if the complaints are well founded the Governor should be recalled. The prospectus of Mr (J, F. Fisher's Northern Territory Land Company has been issued, tho capital- of the company has been fixed at £1,000,000, ■ June 16. . It is expected that the German Reichstag will reject the vote recently I passed by the Federal Council for the payment of im animal subsidy of .4,000,000 marks (£280,000) for the Establishment and, maintenance' of an eilicient line of mnil steamers between 'Germany ami tho Australian colonies and Eastern ports.
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Wairarapa Daily Times, Volume 6, Issue 1718, 24 June 1884, Page 2
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268"AGE" SPECIALS. Wairarapa Daily Times, Volume 6, Issue 1718, 24 June 1884, Page 2
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