SANFORD AND COMPANY
CAPITAL REDUCED The reduction of capital of Sanford and Company Ltd., wholesale fish merchants and trawler owners, was confirmed at a special meeting of shareholders yesterday. The chairman of the company, Mr A. E. dagger, presided. The resolution which was carried by shareholders on December 21 provided that the capital of the company should he reduced from £125,000, divided into 105.000 ordinary shaves of £1 each and 20.000 preference shares of £1 each, to £59,375. The reduction is to be effected by cancelling paid-up capital which has been lost or is unrepresented by available assets to the extent of 12s 6d a share on each of the ordinary shares, and by reducing the nominal amount of the ordinary shares from £1 to 7s 6d each. Preference shares will remain unaltered.
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Bibliographic details
Evening Star, Issue 21319, 25 January 1933, Page 5
Word Count
133SANFORD AND COMPANY Evening Star, Issue 21319, 25 January 1933, Page 5
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