RUGBY GROUND GRANT
NO GUARANTORS REQUIRED. Wellington, Thursday. At a meeting of the management committee of the New Zealand Rugby Union on Wednesday evening a letter was received from the King Country Union stating that it took strong exception to the New Zealand Union’s proposal not to grant a loan of £6OO to the Maniapoto Sub-union for the purchase of a ground at Te Kuiti without a deed of guarantee being completed. It was decided to reply that a loan would be granted when the guarantors had been released. The chairman, Mr. S, S. Dean, said the money had been waiting since last December. Now that the King Country Union had become an incorporated body, the loan could be made to it, the ground being taken as security. It was not desirable to have private guarantors.
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Bibliographic details
King Country Chronicle, Volume XXVI, Issue 3400, 30 July 1932, Page 5
Word Count
136RUGBY GROUND GRANT King Country Chronicle, Volume XXVI, Issue 3400, 30 July 1932, Page 5
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