TELEGRAPHIC
The l&ihu Vi4l»y BaJlway Compaayr (
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Auckland, June 12, A meeting of shareholders in the,
. Kaihu Valley Railway Company (in liquidation) was held to-day. Only , four shareholders were present, and - Mr H.Brett presided. The report o the liquidators says :—" All the ei iorts of your liquidators to sell thi railway have proved futile, and youi - liquidators regret to have to repor that they.jpe afraid that the line am works, which cost the Compan; upwards of £BO,OOO, will not realis the amount due to the Government viz., £47,000, and the arrears c interest." After a lengthy an recriminatory discussion as to som shareholders paying calls in full an others in part, the meeting adjourne till Monday. > :,
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https://paperspast.natlib.govt.nz/newspapers/WDT18910613.2.16
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Wairarapa Daily Times, Volume XII, Issue 3831, 13 June 1891, Page 2
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117TELEGRAPHIC Wairarapa Daily Times, Volume XII, Issue 3831, 13 June 1891, Page 2
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