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HIT BY SLUMP

“SYDNEY EVENING NEW’ PROPOSED SUSPENSION OF PUBLICATION ( OJ.P.A. by Elec. To! . Copyright,) SYDNEY, Feb. 27. Shareholders in Associated Newspapers -Ltd., Sydney, to-day endorsed the ' directors’ recommendation by 172 votes to 86, that the Sydney Evening Newts be suspended until economic conditions warranted its re-publica,. Tvvo "shareholders' having demanded a ballot -on thV subject, this :is now being held. It closes to-morrow at ■ Tho recommendation of- the directors was bitterly resented „by a large section of the* meeting. 1 Sir Itrigh Dennis-, ton the chairman, agreed that a ballot ofshareholders shonld be taken on the proposal, to close at ;l p.m. to.morrow. A strong appeal was made by the managing . director that the Evening News should be continued for another two months, with the object of sale.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19310228.2.60

Bibliographic details

Gisborne Times, Volume LXXII, Issue 11452, 28 February 1931, Page 6

Word Count
129

HIT BY SLUMP Gisborne Times, Volume LXXII, Issue 11452, 28 February 1931, Page 6

HIT BY SLUMP Gisborne Times, Volume LXXII, Issue 11452, 28 February 1931, Page 6