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THE ASSETS COMPANY.

London, July 21. The prospectus of the New Zealand Assets Company will be issued on Wednesday. The trustees are Sir John Gorst, Baron Scbroeder, and Lord Henry Thynne. The articles of association will be signed on Tuesday. One million and a-half 5J per cent, debentures will be offered at 95, redeemable in 20 years, or at 103 if sooner. A large number of prefarence and ordinary shares will be retained for the Bank of New Zealand. None of the debentures are now obtainable under par.

The globo assets will yield a revenue of £117,000.

A meeting of the shareholders of the Bank of New Zealand will be held on the 28th of Augusb.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18900723.2.28.1

Bibliographic details

Auckland Star, Volume XXI, Issue 172, 23 July 1890, Page 5

Word Count
116

THE ASSETS COMPANY. Auckland Star, Volume XXI, Issue 172, 23 July 1890, Page 5

THE ASSETS COMPANY. Auckland Star, Volume XXI, Issue 172, 23 July 1890, Page 5