A MILD SENSATION.
j:\ I Reconstruction on Techni'~i-■ cal Grounds, (% Telegraph— Press Association). jji'v _ Timahu, Tuesday. R - A sensation was caused hero this 91 morning by announceHat roent that tho Association must reconstruct. A meeting of shareholders has been called for tho 16th Juno. Tho reason, however, is nothing to do with tho financial stability of tho Association, but tho memorandum of Asl|g sociation has been found inconsistent H with tho articles of Association, and |H it is questionable whether the As--9 sociation havo power to give credit to exercise ordinary powers of both of which powers Leon exercised all along. In to remove all doubts tho i HH Association has resolved to reran-' Hjßj struct and tender its position secure, BHH Theroconstructionisthereforopurcly technical pud. The business is in a HHwood position, tho nssets being Business liabilities incuvrctl pending reconstruction, wmmmmm———.l
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Wairarapa Daily Times, Volume XV, Issue 4733, 30 May 1894, Page 3
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141A MILD SENSATION. Wairarapa Daily Times, Volume XV, Issue 4733, 30 May 1894, Page 3
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