Bank of New Zealand.
[per fkess association.] London, August 28. Speaking at the Bank of NewZealand meeting, Sir J. Fergusson said the sale of the globo assets would enable them to meet their creditors and employ the London balances m the extension of colonial business. Mr Buckley's assertion as to additional losses were erroneous. He was confident they had got down to the bed rock, and had faith m the future. Amendments to apply the surplus on the Bank premises to the reduction of the deficit, and make the old shareholders responsible for losses were withdrawn. London, August 29. Bank of New Zealand shares have risen 10s.
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Bank of New Zealand., Ashburton Guardian, Volume VII, Issue 2505, 30 August 1890
Bank of New Zealand. Ashburton Guardian, Volume VII, Issue 2505, 30 August 1890
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