The Commercial Bank Failure. BY ELECTRIC TELEGRAPH -COPYRIGHT.
PEOCEEDINGS TO BE TAKEN AGAINST THE DIRECTORS. MR. CROOKS ADMITTED TO BAIL. [BBUTEB's TBLttGRAMS.I (Received March 24, 1.20 p.m.) Adelaide, Tins Day. It is announced that legal action is to bo taken against some of tho directors of the Commercial' Bank of South Australia for presenting to tho shareholders a mislead'ig balance-sheet for 1835, wh<oh failed to disclose a loss of £30,000 incurred on pastoral properties hold by the Bank. Mr. Crooks, the manager of the Ba\ik, haa been admitted to bail.
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https://paperspast.natlib.govt.nz/newspapers/EP18860324.2.27
Bibliographic details
Evening Post, Volume XXXI, Issue 69, 24 March 1886, Page 2
Word Count
90The Commercial Bank Failure. BY ELECTRIC TELEGRAPH-COPYRIGHT. Evening Post, Volume XXXI, Issue 69, 24 March 1886, Page 2
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