RADIO AVON VENTURE
■ Investment by ; R. J. Charles i Tile Avon Broadcasting > Coinpany, still awaiting a . licence to transmit, has 'gained a distinguished partner. R. J. Charles, New Zeal land’s leading golfer, is to ’ invest a large sum in the • company’s proposed building . at 155 Kilmore Street. Mr R. J. Stewart, chairman : of the company, said yesteriday it was expected the , planned building would cost i about $200,000. Charles i would .bold one share in the • venture; the other would be • held jointly by Mr Stewart . and his co-partners, Messrs i N. Wesney, C. P. Greenslade, i P. L. Mortlock and I. J. Kirk- ; patrick.
Charles said yesterday he was trying to . make enough investments now to take care of himself and his famfly in future years. Also, he still has an affinity for Christchurch, his home town, and is always keen to make an investment to assist in its
Mr Stewiut said the company's building would be of four storeys, with about 10,000 sq. ft of floor space. It is intended that the top floor would house the company’s studios and Radio Avon, the remaining floors leased.
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Bibliographic details
Press, Volume CXI, Issue 32797, 23 December 1971, Page 15
Word Count
188RADIO AVON VENTURE Press, Volume CXI, Issue 32797, 23 December 1971, Page 15
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