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A FREEZING COMPANY IN TROUBLE

—— w {fib pbjuss association.]

Auoklahdi August 27. Al tha annual rioting ° f ih * t *fZ Zealand Frczsn Meat 0«»W '^JS tht directors report showed «»**«• «"* balance stands at £30.102 19s lOd, icdndIng an .mount of £7850 13s 10d brought forward from the previous year, • lne directors regret that continued depreciating m the value of the Company • property, together with unexpected losses ia the add and manure business, and consignments of tinned meats to the Home market have produced such an nnsatlifaotory ontcome for the past yew. Toe position of tbe Company m regard to the Tslue cf its assets, trhtah do not at present materially exceed the amount of tim Company's debts, lisa been tbe »nbjeot of communication between your Board »Ld thcie financially Interested la tbe Company's position, A reoou&trnotlon of tie Company will be suggested as it la understood that tbe worts as a going aodourn may be acquired on favorable Utmt. Falling this voluntary liqaldaJJoßwUlb^ffKHd,"' ■'■ - »

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A FREEZING COMPANY IN TROUBLE Ashburton Guardian, Volume VII, Issue 2210, 27 August 1889

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