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Bank of South Australia.

London, April 27. At a meeting of tho Bauk of Ausbralia shareholders Mr Arbubhnot said bhab the realisation of thi assets showed a defioirfnoy of .£302,000, but thab tho Union Bank estimate! the deficiency ab £341,000. The outojme of the liquidation was grievously disappointing. Counsel had advised tbat no oill should be made till it was ordered by Oourt. The meeting resolved to appoiot a Committee of five to confer with the liquidators and endeavour to owi to an arrangement with the Union Bank,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM18940428.2.10.1.12

Bibliographic details

Nelson Evening Mail, Volume XXVIII, Issue 98, 28 April 1894, Page 2

Word Count
88

Bank of South Australia. Nelson Evening Mail, Volume XXVIII, Issue 98, 28 April 1894, Page 2

Bank of South Australia. Nelson Evening Mail, Volume XXVIII, Issue 98, 28 April 1894, Page 2