AFFAIRS OF A BUILDING SOCIETY
Evening Post, Rōrahi LXXX, Putanga 32, 6 Hereturikōkā 1910, Page 5
AFFAIRS OF A BUILDING SOCIETY
AN EXPLANATION. By Telegraph.— Preet Association.— Copyright. (Received August 6, 10 a.m.) LONDON, sth August, The management of the Hearts of Oak Building Society, which it was stated had a debit balance of £157,000, and regarding the affairs of which a committee of enquiry had been ordered, states that the institution has a reserve fund of £3,752,000, and that a deficiency would exist only if the society were called on to pay all claims together - — a contingency that is not likely to arise.