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LOANS CONVERSION.

FRANKLIN POWER BOARD. (From Our Own Correspondent.) PUKEKOIIE, Wednesday. The Franklin Electric Power Board have converted their loans totalling £266,400. The debentures, which bear interest at 4i per cent, have been fully taker, up. The secretary, Mr.. S. P. Day, said today that in every -ease, tlie debenture,hoiders had willingly consented to the proposals, and the result was particularly satisfactory.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19340222.2.156

Bibliographic details

Auckland Star, Volume LXV, Issue 45, 22 February 1934, Page 11

Word Count
62

LOANS CONVERSION. Auckland Star, Volume LXV, Issue 45, 22 February 1934, Page 11

LOANS CONVERSION. Auckland Star, Volume LXV, Issue 45, 22 February 1934, Page 11