WHOLESALE CLUB.
INTERESTING DKVBTiOPMENTS EXI'KCTICb. (By Tclogranh — Per Press Ass«ciati#«) CMRISTGHURCII, May 11. In a forma! meeting- of the creditors of the Wholesale Club was held this morning". A nunrbcr of creditors were present and proceedings were conducted in private. It is understood that after some discussion it was decided thait the company should go into liqudaUon. From the figures submitted to live meeting it would appear that the dividend that" will be available for unsecured creditors will •be a. s Ten dor ono. It "is stated that a good deal of indignation was expressed by several creditors, and it is considered probable' that interesting- developments may arise in the future.
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Bibliographic details
Grey River Argus, 13 May 1911, Page 2
Word Count
111WHOLESALE CLUB. Grey River Argus, 13 May 1911, Page 2
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