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BIRKBECK BANK SUSPENDS.

. DEFICIENCY OF £775,000. (Received 8.30 a.m.) LONDON, June 8. It is officially announced that the Birkleck Bank has suspended operations. Offing to the depreciation of securities the directors lodged a winding-up petition. Ihe? estimate the deficiency at £375.000. against which they hold guarantees ot £300,000. They anticipate that the creditors will receive an immediate 10/ in the B. Mr. Plender. auditor, estimates the deficiency at £775,000.

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https://paperspast.natlib.govt.nz/newspapers/AS19110609.2.34.3

Bibliographic details

Auckland Star, Volume XLII, Issue 136, 9 June 1911, Page 5

Word Count
69

BIRKBECK BANK SUSPENDS. Auckland Star, Volume XLII, Issue 136, 9 June 1911, Page 5

BIRKBECK BANK SUSPENDS. Auckland Star, Volume XLII, Issue 136, 9 June 1911, Page 5