MINING.
ROSS GOLDFIELDS, LTD. (I»K*-;S3 ASVOCIAVION TEI.KIiKAi!.) WELLINGTON, December 7. A general meeting cf the Rcss Go'dfieldi*, Ltd.. called by the liquidator to consider proposals to reconstruct the company, waa held to-day. Shareholders representing in person and by proxy nearly 35»0('0 shares were present." The Auckland shareholders were represented by M-c'srs Nathan, Knight and Bate. The liquidator, Mr H. D. Vickery, was in the chair. After a discussion it was resolved that tho schem-e of reconstruction suggested by the liquidator, namely, that shares in tho new corapany be issued at 12s Od paid up, and with: a "liability cf 7s Gd per share, bo approved. Mi l Davies, representing certain Christchurch shareholders, suggested that the directors should be in one centre, where they could meet regularly. It was resolved that it be a recommendation t-> tho liquidator that the registered office of the reconstructed compa"*/ be located in Wellington. Fewer wb3 given to the liquidator to nominate provisional directors.
A vote of thanks was passed to tt« hquid*tor for the manner in which he had presented hia report to the . shareholders, and tor his conduct oi the affairs oi the company during the pcticd of liquidntjon. A «*»)'•; tion was also passed reccmmeiiding him tor the position of secretary of the new company.
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Bibliographic details
Press, Volume LXVI, Issue 13910, 8 December 1910, Page 9
Word Count
212MINING. Press, Volume LXVI, Issue 13910, 8 December 1910, Page 9
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