Alberta Defaults
(Received 1.30 p.m.) EDMONTON, January 3
The Social Credit Government of Alberta, led by Mr W. -Aberh'ardt, defaulted by 1.000,000 dollars on debentures due on January 1. Interest was offered at 2£ per cent instead of 5 per cent.
This was not accepted by the bondholders, who plan to request the Dominion Government, at Ottawa, to insist on payment.
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https://paperspast.natlib.govt.nz/newspapers/NA19390104.2.56
Bibliographic details
Northern Advocate, 4 January 1939, Page 5
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61Alberta Defaults Northern Advocate, 4 January 1939, Page 5
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