A COMPANY'S AFFAIRS.
APPROVED. : (By .Telegraph.—Press Association.) . . . CHBISTCHURCH, Thursday. The motion brought before J}he Supreme. Court for the {approval. of , a resolution, passed at a meeting of depositors and bond holders in the New Zealand Farmers' Co-operative Association of Canterbury, Ltd., has been approved by Mr. Justice Adams. The motion was one agreeing upon certain conditions that the bondholders should accept 64 per cent instead of ~i per cent; that the association should be released from the payment of debenture tax -of 3s in the £; and that all deposits should be converted into fixed deposits for terms to be arranged, ranging from six months upwards.
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Bibliographic details
Auckland Star, Volume LIV, Issue 292, 7 December 1923, Page 9
Word Count
105A COMPANY'S AFFAIRS. Auckland Star, Volume LIV, Issue 292, 7 December 1923, Page 9
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