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FINANCES OF THAMES

APPOINTING COMMISSIONER EARLY DECISION REQUESTED [by telegraph—OWN correspondent] THAMES, ■ Thursday The Thames Borough Council last evening considered the position of the borough in view of the decision of M r * Justice Ostler in the Supreme Court at Wellington on Friday on application by four debenture holders for the appointment of a receiver in the borough owing to default in payment of interest. The council decided that a letter be sent to the Loans Creditors Committee and to the Minister of Internal Affairs containing the following resolution :—"ln view of the Court adjourning the application for a receiver the council respectfully requests that steps be taken to have a commissioner appointed ag early as possible, owing to the urgent necessity for dealing with the annual estimates and the striking of rates for the current period." The appointment of a commissioner was authorised by legislation passed at the last session of Parliament.

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https://paperspast.natlib.govt.nz/newspapers/NZH19320729.2.119

Bibliographic details

New Zealand Herald, Volume LXIX, Issue 21247, 29 July 1932, Page 10

Word Count
153

FINANCES OF THAMES New Zealand Herald, Volume LXIX, Issue 21247, 29 July 1932, Page 10

FINANCES OF THAMES New Zealand Herald, Volume LXIX, Issue 21247, 29 July 1932, Page 10