Wellington Woollen Co.
; WELLINGTON,, xms i>ay. . -- At a meeting of the WooUen Co. to re--ceive" the report the .Committee appointed to investigate affairs it was decided to exclude the presp. / The report was laid before the: Chairman but he refused to distribute copies among those present and was sttp- - . ported by a motion to 'that effect being carried.' The Chairman of the .Committee - then moved the adoption of the report but -\- objection was taken on the ground that shareholders ought to he allowed to see it t \ first-and ultimately the meeting adjourned . for;tMs .piurposei .In order to guard the secrecy of the report it was determined to • have it copyrighted. It is understood that . thereport recommends reconstruction of the .board/ of directors, the appointment ot. a expert as secretary and executive . officer to control selling the trade of the . t Company and .an increase in capital. If - capital is hot increased business to be confined to wholesale trade, but otherwise to "'- be conducted on the broadest lines.
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https://paperspast.natlib.govt.nz/newspapers/NEM18941213.2.13.6.5
Bibliographic details
Nelson Evening Mail, Volume XXVIII, Issue 262, 13 December 1894, Page 3
Word Count
167Wellington Woollen Co. Nelson Evening Mail, Volume XXVIII, Issue 262, 13 December 1894, Page 3
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