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BANK FAILURE.

REMARK A KLE DISCLOSURES.

Sydney, this day.

The investigation into the affairs of the Australian Mercantile Loan and Guarantee Bank resulted in some extraordinary revelations. A former managing director was in receipt of .£I,OOO per annum for nothing, and had had in addition an overdraft amounting to The meetings of shareholders have been characterised by most disorderly scenes.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18910909.2.27.16

Bibliographic details

Auckland Star, Volume XXII, Issue 214, 9 September 1891, Page 5

Word Count
60

BANK FAILURE. Auckland Star, Volume XXII, Issue 214, 9 September 1891, Page 5

BANK FAILURE. Auckland Star, Volume XXII, Issue 214, 9 September 1891, Page 5