MEETING WANTED.

Auckland Star, Volume LXVI, Issue 271, 15 November 1935, Page 16

MEETING WANTED.

DEBENTURE HOLDERS.

INVESTMENT TRUST.

AFPUCATION TO THE COUKT,

(By Telegraph.—Press Association.) WELLINGTON, this day. An application is to be made before a judge of the Supreme Court on Tuesday for permission to convene a meeting of debenture holders in the Investment Executive Trust of New Zealand, in liquidation. The application is to bo made on behalf of William Henry Brace}', farmer, of Avondale, Auckland, who claims to be a creditor of the company. An order is to be sought giving the applicant liberty to convene a meeting of debenture holders for the purpose and, if thought lit, approving, with or without modification, the scheme or arrangement proposed by him between the company, its liquidator, the Public Tnietee, and the debenture holders. Directions are also to be sought as to the method of convening the meeting and its conduct. In particular directions are to be sought as to the right of debenture holders, including the Public Trustee as liquidator, to vote at the meeting in person or by proxy. It is suggested that the Public Trustee should be appointed chairman of the meeting and that he should report the result of the meeting to the Court, which, would then be asked to. make a further order. Mr. H. P. Richmond, of Auckland, will represent the applicant and the Public Trustee when the matter is mentioned on Tuesday.