NOTHING FOR CREDITORS.
of creditors consequently cannot be met. "The position is exceedingly unfortunate- we had anticipated getting several thousand pounds for our assets, but we were compelled by circumstances to ac-, oept an offer npt. eve.n sufficient to pay, the. first debenture-holder, and this ; m spite of the fact that we advertised extensively throughout New Zealand -and Australia for!the sale of the undertaking, either as a whole or in part. The final accounts are not yet completed, but the position cannot, unfortunately, be altered in any way." The capital of the Auckland Amusement Park, Ltd., as disclosed in its last balance-sheet, was £35,----654. Two debentures were issued on the assets of the company, the first of £492 and s subsequent debenture of £1500. .
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19310423.2.122.5
Bibliographic details
Evening Post, Volume CXI, Issue 95, 23 April 1931, Page 14
Word Count
124NOTHING FOR CREDITORS. Evening Post, Volume CXI, Issue 95, 23 April 1931, Page 14
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