COMPANY AFFAIRS.

Auckland Star, Volume LX, Issue 47, 25 February 1929, Page 4

COMPANY AFFAIRS.

NEW REGISTRATION. Registration of the following new company is reported in the "Mercantile Gazette' : — L. and N". Coal Distillation (N.Z.I, Ltd. Capital: £100,000, in 100,000 shares of £1 cash. Subscribers: London —Sensible Heat Distribution, Ltd., 10.000. G. Hamilton, 250. Wellington—H. Vickerman 250, J. G. Lancaster. '250, A. Hamilton. 250. A. Fletcher 500, C. P. Knight 250. J. G. Neil 250. Objects: To carry on business of distillers, extractors, produce manufacturers, and supplies of all solid, liquid, powdered, and gaseous substances, including all synthetic products obtainable therefrom in any manner derived from the carbonisation or distillation of bitumen coal, shale, slack and general incidental.

AUSTRALIAN RUBBER MERGER. MORE CAPITAL SOUGHT. Following upon the union of interests of the Dunlop Rubber Company of Australasia, the Perdriau Rubber Company. Ltd., of Sydney, and the Barnet Glass Rubber Company, Ltd.. the directors of the Dunlop Company issued a circular to shareholders callinß an extraordinary general meeting of the company for February 19, when resolutions as follows were to be submitted:— "That the capital of the company be increased to £3.475.000 by the creation of 470.000 new ordinary shares of £1 each. Such shares will be under the control of the board, and may be allotted or otherwise dealt with as fully or partly paid up. as the directors may think tit." "That the maximum number of directors of the company is hereby increased from eighi. to ten. and the directors" remuneration be increased by £500 annually for each additional director, who mav be appointed."

THE BLENHEIM OIL BORE

(By Telegraph.—Press Association.! NEW PLYMOUTH. Saturday. The Blenheim Oil Company officially rpported thin morning that baling a,nd pumping were being continued, and a fair amount or oil had been re-covered through the seven-inch casing since Thursday evening's report.