WONDERLAND
AT AUCKLAND EXHIBITION. (17 TELKQRAFH—rRESS ASSOCIATION.) AUCKLAND, This Day. A meeting of shareholders in the Amusement Company, which controls Wonderland at the Auckland Exhibition, was informed by the chairman that the company consisted of 20,000 shares, 10,000 of which went to the vendors. Of the remaining shares 6000 wore sold so well at £1 per share tliat the directors decided that the balance be offered at an increased price. Another 1000 shares were sold at £2 per shara, bring' ing the subscribed capital to something over £9000.. The expenditure in connection with Wonderland ran into £20,000. That venture had not come up to expectations, but that was not to the blame of the directors. They had had to contend with the . strike, smallpox epidemics, and unfavourable weather. Wonderland might almost be said lo have carried the Exhibition on, its back. Though there was no prospect -of a dividend,, there would be no question" of the Amusement Company going into liquidation. It was stated by speakers that no reflection was made on the directors' management. The meeting appointed a committee to confer with the directors and report on the exact position of the company.
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Bibliographic details
Evening Post, Volume LXXXVII, Issue 76, 31 March 1914, Page 8
Word Count
194WONDERLAND Evening Post, Volume LXXXVII, Issue 76, 31 March 1914, Page 8
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