PURCHASE OF STEAMER.
LYTTELTON-FOXTON TRADE.
NEW COMPANY'S PROPOSAL. [by telegraph.—press association.] FOXTOX, Sunday. At a large and representative meeting at Foxton a company was formed, to lie called the Hirnatangi Shipping Company, Limited, with a capital of £IO,OOO, to take over the steamer Coolebar. The steamer has been purchased in Sydney, and the purchase was confirmed by the shareholders. Over one-half of the share capital was subscribed by those present at the meeting.
The. steamer, which will trade between Lyttelton and Foxton, is a twin-screw-vessel, 150l't. long, and 30ft. in beam. She carries 525 tons on a light draft. The vessel vill be commissioned at an early date.
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Bibliographic details
New Zealand Herald, Volume LXVI, Issue 20241, 29 April 1929, Page 10
Word Count
108PURCHASE OF STEAMER. New Zealand Herald, Volume LXVI, Issue 20241, 29 April 1929, Page 10
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