THE BANK OF SOUTH AUSTRALIA.
MEETING OF SHAREHOLDERS. Press Association.—Electric Telegraph.—Copyright. London, April 37. At a meeting of the Bank of South Australia's shareholders, Mr. Arbuthnot said the realisation of the assets showed a deficiency of £302,000, but the Union Bank estimated the deficiency at £341,000. The outcome of the liquidation was grievously disappointing. Counsel had advised that no call should be made till ordered by the Court. The meeting, resolved to appoint a committee of five to confer with the liquidators, and endeavour to come to an arrangement with the Union Bank.
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New Zealand Herald, Volume XXXI, Issue 9498, 30 April 1894, Page 5
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93THE BANK OF SOUTH AUSTRALIA. New Zealand Herald, Volume XXXI, Issue 9498, 30 April 1894, Page 5
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