Company News TANNERIES TO BE WOUND UP
8s In £ Initially For Shareholders
Shareholders of Woolston Tanneries, Ltd., will receive an initial return of 8s for every £1 share held.
This was announced at a special meeting of shareholders yesterday when it was resolved to wind up the company. It was announced that the company was holding a “substantial sum,” which would enable an immediate payment of £40,000 to shareholders.
Mr R. D’R. Mitchell, public accountant, of Christchurch, was appointed liquidator. The company still holds land and buildings at Woolston which are to be offered for sale.
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https://paperspast.natlib.govt.nz/newspapers/CHP19591107.2.183
Bibliographic details
Press, Volume XCVIII, Issue 29046, 7 November 1959, Page 16
Word Count
96Company News TANNERIES TO BE WOUND UP Press, Volume XCVIII, Issue 29046, 7 November 1959, Page 16
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