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NEW ZEALAND ESTATES COMPANY.

The statutory meeting of the Bank -t New Zealaud Estates Company (LimifJn was held at 54 Old Broau street ou NoW ber 20th, when the Chairman (Mr R i Jeffray) stated that the uiuetina »„ simply held to comply with the staim? and there was no business Co place fa_„2 the meeting. The receut issue * _1,500,0U0 debentures had been fully Jt ; plied for aud allotted, and iu.tah„_„ ; amounting to _545,000 had been recelwS to date. A Stock _xchange quotation haS j beeu grauted for che debentures. __, \ assets agreed to be taken over had Si s been vested in tho Company, and Mata j F. Nelson George, one of the Director. 1 was now in New Zealand for the nurnftS ■! of organising the Company's bu_n__ ' ■ The Directors had every confidence ia _» future of the Company. Already seveaJ bids had been received for their propartlM exceeding the valuation at which _« were taken over by the Company, bat_2 Directors had declined them, in the ho_ of duiug better. **

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18910109.2.61.2

Bibliographic details

Press, Volume XLVIII, Issue 7756, 9 January 1891, Page 6

Word Count
168

NEW ZEALAND ESTATES COMPANY. Press, Volume XLVIII, Issue 7756, 9 January 1891, Page 6

NEW ZEALAND ESTATES COMPANY. Press, Volume XLVIII, Issue 7756, 9 January 1891, Page 6

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