COMPANY AFFAIRS.
NEW BREWERY ISSUE. '1 lie prospectus is;is appeared of a new brewery company. The new concern is known as the Consolidated Brewery, Ltd., with a capital of £3(>.fi(h) in SO.OOO shares of £ 1 each. The objects are to acquire the old-time White Swan Brewery, of Xanier, together with the wine and spirit license of .the existing company. The products are marketed under Ilawk brand, and have recently made their apocaranee in the Auckland province under the distribution of Messrs Burns, I'hilp, Ltd. The new company is. purchasing the property .as a going concern for £15,000, of which C 10,000 is payable in cash and the balance being left oil mortgage. If the whole capital is subscribed it will thus leave the new company with £20.000 of cash with which to conduct the business. The brewer reports the works to be in Rood order, and ,i valuation supplied with the prospectus sets out the total value as £1144 in ■ •xi-ess of the purchase price. Three of the existing directors are on the new board, and the whole of the staff is being taken over. Messrs. William A Home, Ltd., are the organising brokers.
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Auckland Star, Volume LVIII, Issue 114, 17 May 1927, Page 4
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194COMPANY AFFAIRS. Auckland Star, Volume LVIII, Issue 114, 17 May 1927, Page 4
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