THE N.Z. BANK CALL.
DujiUdin, December 14; V' A correspondent of the Times wires About/14 shareholders 'in the Bank of Now-Zealand—manyiof * them large holders—attended a meeting convened this afternoon for the purpose of considering the call, _ It was contended that as tho Colonial Treasurer'hati :drastic powers ■— under the Actof 1894, he could biing ' down extraordinary legislation making a similar call payable in 1891), * so that ttltiraatoly tlio shareholders' might have to face' the. possibility of paying up the remaining £lO which' ; thoy had thought could only be called l up in the event of 'liquidation being' * decided on. The contention was tliat t . this £lO should , only be raised for- , ; the purposes, of liquidation in terms of the original agreemont, but in. i .view of the presont outlook the feeling of the meeting appeared to be that there was no help but to meet the present call, k committee was'appointed to actin concert with'shareholders in other centres, : and a petition .will be • pro--.-" m moted asking the Legislature to pro- ' toct shareholders by preventing tho- - remaining two-thirds from being .- : called lip except for liquidation.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WDT18941215.2.10
Bibliographic details
Ngā taipitopito pukapuka
Wairarapa Daily Times, Volume XV, Issue 4903, 15 December 1894, Page 2
Word count
Tapeke kupu
184THE N.Z. BANK CALL. Wairarapa Daily Times, Volume XV, Issue 4903, 15 December 1894, Page 2
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