French Debenture-Holder
The Auckland Electric Power Board was advised by a firm of London solicitors yesterday that deben - tures held by the former head of a hotel in France had been deposited in a bank at Monte Carlo, and were removed by the bank authorities to Bordeaux. The holder of the debentures was now in London, but it was feared that the securities might have passed into the hands of the enemy. The board approved arrangements made by the secretary. Mr N. M. Speer, to stop the payment of the interest coupons and to arrange for the Bank of New Zealand in London to pay due interest to the man who should legitimately hold the debentures, subject to proof of identity and similar conditions.
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https://paperspast.natlib.govt.nz/newspapers/WT19400820.2.24
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Waikato Times, Volume 127, Issue 21196, 20 August 1940, Page 4
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124French Debenture-Holder Waikato Times, Volume 127, Issue 21196, 20 August 1940, Page 4
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