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NATIONAL BANK OF NEW ZEALAND

NEW SHARE ISSUE POSTPONED.

(AUSTRALIAN-NEW ZEALAND CABLE ASSOCIATION.) (UNITED PRESS ASSOCIATION.—COPYRIGHT.).

LONDON, 2nd May. The National Bank of New Zealand issue has been postponed.

[It was proposed that 100,000 new shares at a premium of £3 per share should be issued ; of these 50,000 were to be allotted to shareholders, and 50,000 were to be taken up by Lloyd's Bank, Ltd. This would have brought the banlc's combined paid-up capital and reserves to over £2,000,000. The management of the National Bank would have remained unchanged, although certain directors of Lloyd's would have joined the National Board.]

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19190503.2.44

Bibliographic details

Evening Post, Volume XCVII, Issue 103, 3 May 1919, Page 5

Word Count
101

NATIONAL BANK OF NEW ZEALAND Evening Post, Volume XCVII, Issue 103, 3 May 1919, Page 5

NATIONAL BANK OF NEW ZEALAND Evening Post, Volume XCVII, Issue 103, 3 May 1919, Page 5