REPAYMENT PLAN
THE FARMERS’ CO OPERATIVE. SECURED DEPOSIT STOCK. SUM OF £150,000 INVOLVED. (Per Press Association.) CHRISTCHURCH, This Day. The New Zealand Farmers’ Co-opera-tive Association of Canterbury intends to repay £150,000 of secured deposit stock, equal to one-sixth of the total amount outstanding. Stockholders will be asked to agree to the following proposals:— That a ballot lie taken for repayment of £150,000. That future ballots be hold for the repayment of further sums at intervals at the discretion of the directors after giving a minimum of six months’ notice. That repayment of the balance of principal sums or instalments thereof be extended for a period of 10' years from respective dates of maturity after December 31, 1938.
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Bibliographic details
Ashburton Guardian, Volume 58, Issue 40, 26 November 1937, Page 6
Word Count
117REPAYMENT PLAN Ashburton Guardian, Volume 58, Issue 40, 26 November 1937, Page 6
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