COMPANY AFFAIRS.
STAPLES BREWERY.
A second distribution, amounting to 30/ a share, is expected to be paid to shareholders .in J. Staples and Company (in liquidation) before the end of October In a circular, the liquidator states that the option to Zealand Breweries, Limited, provides for settlement on October 8 and though the purchaser has two months thereafter to complete, settlement is likely before then.
.The third distribution will be dependent upon the completion of transactions entered into by the conipanv, and upon ~ ? ascertainment of all the company's liabilities. The probable date of the thirl distribution may be notified to shareholders when advice is given of the second distribution.
Staples' shareholders have just received the first distribution resulting from the sale of certain of the company's assets to -New Zealand Breweries. Limited, amounting to one share in the latter company for every three held in Staples.
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https://paperspast.natlib.govt.nz/newspapers/AS19371002.2.24
Bibliographic details
Auckland Star, Volume LXVIII, Issue 234, 2 October 1937, Page 4
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146COMPANY AFFAIRS. Auckland Star, Volume LXVIII, Issue 234, 2 October 1937, Page 4
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