NEW DREDGE FOR OTAGO HARBOUR BOARD
> FINANCE ARRANGED IN LONDON By Telegraph. —Press Association. Dunedin, September 17. In connection with the construction of the Otago Harbour Board’s uew dredge Otakou, the question of finance was discussed at a meeting of the board this afternoon. The chairman, Mr. H. E. Moller, reported that satisfactory negotiations had been concluded with a London house for the £123,000 required to meet the cost of the new dredge. The negotiations of the committee were confirmed, and the necessary authorising motions in connection with the completion of the negotiations and the issuing of the required debentures and the creation of sinking funds accounts were passed.
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https://paperspast.natlib.govt.nz/newspapers/DOM19280918.2.45
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Dominion, Volume 21, Issue 299, 18 September 1928, Page 10
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109NEW DREDGE FOR OTAGO HARBOUR BOARD Dominion, Volume 21, Issue 299, 18 September 1928, Page 10
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