CIYT OF GLASGOW AND CALEDONIAN BANKS.
It is now computed that the total amoun for which the shareholders will bo liable aDproaches tho sum of £7,000,000. It has beeD decided to establish a consultative committee of London creditors to act in connection with the committee of Scotch shareholders. A call of £500 per £100 Stock has been made on the shareholders, payable one-half on the 22nd December, and tho remainder on the 24th February next. In consequence of tho Caledonian Bank being a shareholder of the City of Glasgow Bank, it is annouueed that the directors, upon the petition of the liquidators of the latter, will take immediate steps for placiog the Bank in liquidation.
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Bibliographic details
New Zealand Herald, Volume XVI, Issue 5358, 18 January 1879, Page 7
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115CIYT OF GLASGOW AND CALEDONIAN BANKS. New Zealand Herald, Volume XVI, Issue 5358, 18 January 1879, Page 7
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