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THE DRUCE COMPANY.

SHAREHOLDERS LOSE THEIR CASH. ! By Telegraph.—Press Association.— / London, March 13. G. H. Druce, Limited, has resolved to wind up. Mr. George Hollamby Druce stated that all the subscribed capital had been expended, and there was ; still £300 worth of liabilities to be met. (Received March 15, 5.30 p.m.) London, Mai;ch 14. At the meeting which decided upon the winding up of G. 11. Druce, Limited, there were half Ja dozen shareholders present, besides officials. Mr. George Hollamby Druce in- ! formed the meeting that the winding up need not interfere with the proceedings to establish his claim, which would be continued or dropped according as the liquidator advised. The shareholders' rights remained intact, and any assets which might ultimately remain would be distributed.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19080316.2.43

Bibliographic details

New Zealand Herald, Volume XLV, Issue 13699, 16 March 1908, Page 5

Word Count
125

THE DRUCE COMPANY. New Zealand Herald, Volume XLV, Issue 13699, 16 March 1908, Page 5

THE DRUCE COMPANY. New Zealand Herald, Volume XLV, Issue 13699, 16 March 1908, Page 5

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