Article image
Article image
Article image
Article image

BANK OF NEW ZEALAND.

raT TELEGRAPH. —SPECIAL CORRESPONDENT. J Wellington, Thursday. Referring to the meeting of the shareholders of the Bank of New Zealand, the Times this morning states "The shareholders who spoke at the meeting did themselves credit by making the best of a position which might have been better, but is nevertheless perfectly sound, and most reasonably hopeful. M Murray assured them completely by his explanation of the exact details of the control very properly secured to the Government by the Guarantee Act. That clears the subject of any lingering doubt, very natural doubt it was, shareholders may have entertained. These two meetings sweep away all the suspicions roused by the late attempt at amalgamation. In all probability we shall within twelve months have another project of amalgamation before the public. That it will bo on better line? it requires no ghost to tell us. The fact still remains that on proper lines the amalgamation must be a good thing. When a proposal on better lines comes uppermost, the country will be happy to consider it. In the meantime it is satisfactory to know that all's well. 1

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18940928.2.34

Bibliographic details

New Zealand Herald, Volume XXXI, Issue 9628, 28 September 1894, Page 5

Word Count
190

BANK OF NEW ZEALAND. New Zealand Herald, Volume XXXI, Issue 9628, 28 September 1894, Page 5

BANK OF NEW ZEALAND. New Zealand Herald, Volume XXXI, Issue 9628, 28 September 1894, Page 5