WONDERLAND.

Manawatu Times, Volume LXXVIII, Issue 12757, 1 April 1914, Page 8

WONDERLAND.

AT AUCKLAND EXHIBITION. Press Association.—By Telegraph. AUCKLAND, March 31. A meeting of shareholders in the Amusement Company, which controls Wonderland at the Auckland Exhibition, was informed by the chairman that the company consisted of 20,000 shares, 10,000 of which went to the vendors. Of the remaining shares 6000 were sold so well at £1 per share that the directors decided that the balance be offered at an increased price. Another 1000 shares were sold at £2 per share, bringing the subscribed capital to something over £9OOO. The expenditure in connection with Wonderland ran into £20,000. That venture had not come up to expectations, but that was not to the blame of the directors. They had had to contend with the strike, smallpox epidemics, and unfavourable weather. Wonderland might almost be said to have carried the Exhibition on its back. Though there was no prospect of a dividend there would be no question of the Amusement Company going into liquidation. It was stated by speakers that no reflection was made on the directors' management. The meeting appointed a committee to confer with the directors and report on the exact position of the company.