COMPANIES FINED.

New Zealand Herald, Volume LXIV, Issue 19608, 9 April 1927, Page 14

COMPANIES FINED.

ACT NOT COMPLIED WITH.

STRICT OBSERVANCE REQUIRED.

A number of companies were prosecuted in the Police Court yesterday for failing to comply with the requirements of the Companies Act. m Mr. V. N. Hubble, who appeared for the Stamp Duties Department, said that owing to the great growth of company business in Auckland the department intended in future to enforce very strictly all the provisions of the Act, including the payment of fees, returns of particulars required, and notification of changes of address. The business had increased to such an extent that no proper check could be kept unless all the formalities were complied with, and to send out two or three notices to defaulting companies involved a great deal of extra work. On charges ot failing to forward a list of members and an "annual summary to the registrar the Te Kawa Town Company, Ltd., the Te Kopuru Animated Picture Company, Ltd.. and Sinels Patent Band Fastener Company, Ltd., were each fined £l. For not paying the annual licence fee by the required date Craigs Patent Plough Attachment Company, Ltd., Gen eral Traders, Ltd., and R. J. Hibberd, Ltd., were fined £2 each, and the Automatic Draught and Dust Prevention Com pany Ltd., Kelly and Fleming, Ltd., Kopala Saleyards, Ltd., the Manganui Newspaper Company, Ltd., the Ohinewai Saleyards Company, Ltd., Sorich. Ltd.. the Waimamaku Land Company, Ltd , and Willis C. Raymond, Ltd., £1 each, while the Miller Patent Electric Control Company. Ltd., and Rawson, Smith. Ltd., were ordered to pay costs. The Piopio Town Hall Company, ; Ltd., was ordered to pay costs nn each of two charges of failing to forward a list of members for 1926 and 1927, and a charge of not paving the licence f?e for 1927.