AUSTRALIA
[BY CABLE —PLESS ASSN. —COPYRIGHT.] PERPETUAL FORESTS CANBERRA, April 28. The Prime Minister (Mr. J. A. Lyons) told the House of Representatives that the position of Australian bondholders in New Zealand Perpetual Forests, Ltd., was still the subject of correspondence "with the New Zealand Prime Minister (Mr. Savage), who had stated that the Bondholders’ Incorporation Commission was satisfied that the directors of the bondholders’ company were earnestly using their best endeavours to protect the bondholders. The chairman of the commission, however, had suggested that if any group of bondholders was dissatisfied, it should make application to be heard when the compound agreement was before the commission. The commission would welcome, and indeed facilitate, any such representation.
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Greymouth Evening Star, 29 April 1938, Page 7
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117AUSTRALIA Greymouth Evening Star, 29 April 1938, Page 7
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