N.Z.L. AND M.A. COMPANY.
REORGANISATION SCHEME. By Ttlegfoph.— Presi Association .-Copyright, LONDON, 28th March. The New Zealand Loan and Mercan* tile- Agency Company Ltd., propoMt relieving its fthareholders of ''lability amounting to £1,776.000. A complete reconotructiott is proposed, and ft call of £6 6. share will b© made, tho proceeds to go towards the redemption of«. prior lien on the etock. The remaining liability of £5 10a per i»ha.v& will bo cancelled. Shareholder* unable to pay the cnll will l-eeuive fully paid-up 10b. ehwoj for each «xi«ting share. Tim new d«b#ntut# and char* capital will be divided into 4 per ciht. flr« mwtv gage debentures, fl pct 1 cent, prafemie* stock, and ordinary stock, each amount, ill* to £1,000.000. The flf«t. mortti;> tMiPiiUll'os Will I'tiiilACc tile lOlnftilluVr i>' the prior lien nlwk. The Vinundul Times cordially &p. prove* the Scheme. There* nothing much to «. headache— if you me tamilim- wivh 'Steams' Roadacho Cm p. Convenient to carry, taken iii i a jitiy, hgad_aohe gcuo iv ajiiitll^.,-a? Advt. " • i: - -»-«.r— :
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https://paperspast.natlib.govt.nz/newspapers/EP19120329.2.67
Bibliographic details
Evening Post, Volume LXXXIII, Issue 76, 29 March 1912, Page 7
Word Count
169N.Z.L. AND M.A. COMPANY. Evening Post, Volume LXXXIII, Issue 76, 29 March 1912, Page 7
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