BANK OF NEW ZEALAND.
Now Arranjofflonta. ■' Losdon, Juiio 8. The Assets Companyin connection with the BagJ of New Zealand will shortly be'announced, with 750,000 prjtronoo shares and 850,000 ordmnry shares, Ono million and a half worth of debentures lias been issued for the purpose of taking over the globo assets of the Bank. The whole of the debonturoa have been subscribed by Iho leading city houses, including Baring Bros, and Co, Glyn Mills ,t Co., and Schroder A Co. The Bank of New Zoaland will njpinate two of tho Directors in tbo «w Gotnpauy, and tho debenture holders threo. • The manager of the Australian and New Zealand Mortgage Company Will probably be appointed manager of the Assets Company,- v Tho general feeling in the city is that as soon as the matter is spttled the Bank s troubles are over. The shareholders of the Bank of New Zealand will meet'early in August, July 0. Phe Right Hon a T. S. Ritchie, M.P, will bo a trustee in the Assets Cjflpany, and Mr D, Hean, oiio of jyDirectors,
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WDT18900711.2.12
Bibliographic details
Ngā taipitopito pukapuka
Wairarapa Daily Times, Volume XI, Issue 3559, 11 July 1890, Page 3
Word count
Tapeke kupu
177BANK OF NEW ZEALAND. Wairarapa Daily Times, Volume XI, Issue 3559, 11 July 1890, Page 3
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in