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The Companion (Bondholders Incorporation) Bill . was introduced by GovcL'.nor-Genei'al’s message, in. the House yesterday and. read a first time. The .object of the Bill is to enable afforestation, companies to do certain things, isuch as make preparations for milling, which/.-at present they have not the power.to do. The Bill Tvas introduced at the request of several companies hut will not be proceeded- Avitli -till the 'session is resumed early next- year. Companies may change bonds into shares. A commission will, be set up by thp Government to- see that bondholders ip the change-over lose none of-'their original rights. Wide poAravs are : giG.yen the commission in tho way of •'objtaining information it. may require .and lieavy penalties are provided; in %|Jie case of persons neglecting or refusing to give the desired information.—P.A.

“Any broken limbs-to weld?’’-This should' he'.'-the i business slogan of two German scientist®—a surgeon-and', an electrical .engineer—who' ;claim; 7 'that they have succeeded 1 -in adapting: ah •electrical Avoiding apparatus ;i to unite broken ‘hones.. The:.,welding ■ of' tho hones tnlcns only, one- second" Ip complete.' ’ ; • '

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19341110.2.8

Bibliographic details

Gisborne Times, Volume LXXXI, Issue 12398, 10 November 1934, Page 2

Word Count
176

Untitled Gisborne Times, Volume LXXXI, Issue 12398, 10 November 1934, Page 2

Untitled Gisborne Times, Volume LXXXI, Issue 12398, 10 November 1934, Page 2

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