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WADE PUHOI STEAM BOAT COMPANY.

At a meeting of the Wade and Puhoi Steam Baat Company, held at 2 o'clock this afternoon, Mr H. F. Anderson in the chair, three-fourths of the shareholders [bcingrepresented in person or by proxy. The statement of accounts showed a balance to credit of £18 15s 7d. In the course of the discussion it was stated that as the company was so heavily handicapped with the interest on the purchase money of the vessel, &c, it would not be wise to continue the business. It was unanimously resolved " That the pßffi£a'ny(bii'vbihntariiy woiiind'up." The appointment of a liquidator 'was "deferred. It was agreed that r thfl,,.boat be. ,adyertised for sale." "In anfswer''Vu> a question the Chairmaa ,pf Directors, said if the outstanding' calls', were paiu" Jnp he hoped to be in a position to pay }5s in the £. Much sympathy was expressed for Major Stoney, who, in addition to owning 42 shares, had ad varied la sum of' £80 with, out security towards the purchase of the steamer. 3/lx w&»0i

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18790610.2.34

Bibliographic details

Auckland Star, Volume X, Issue 2845, 10 June 1879, Page 3

Word Count
174

WADE PUHOI STEAM BOAT COMPANY. Auckland Star, Volume X, Issue 2845, 10 June 1879, Page 3

WADE PUHOI STEAM BOAT COMPANY. Auckland Star, Volume X, Issue 2845, 10 June 1879, Page 3

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