MINING.
TALISMAN CONSOLIDATED. An extraordinary peneral meeting of Iho Talisman Consolidated Company is to be r held in London on July 26th for the pur- ' pose of reconstructing the Company. The present Cornnany 13 to be liquidated, mid a new Company is to ba formed with the same s sbaro capital us the present one, namely, £345,000 ill £1 shares. The memorandum and articles of association of the new Company arc to contain similar provisions to those of the memorandum and articles of the v existing Company, but are to provide for J the new- Company to be exclusively and per- ■ manently managed and controlled in the Dominion of New Zealand. The object of the reconstruction, as already explained, is ® to avoid the payment of the very heavy t income tax now levied in. England "in addi- , tion to the tase*; levied in New Zealand.
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Bibliographic details
Press, Volume LII, Issue 15567, 17 April 1916, Page 9
Word Count
145MINING. Press, Volume LII, Issue 15567, 17 April 1916, Page 9
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