THE KAIHU VALLEY RAILWAY COMPANY.
A TOTAL COLLAPSE. (PER PRESS ASSOCIATION Auckland, June 12. A meeting of shareholders in the Kalhn Valley Railway Company (in liquidation) was held to day. Only four shareholders were present, and Mr H. Brett presided. The report of the liquidators says:—“All the efforts of your liquidators to sell the railway have proved futile, and your liquidators regret to have to report that they are afraid that the line and works, which cost the Company upwards of £BO.OOO, will not realise the amount due to the Government viz , £47,000 and the arrears of interest.” After a lengthy and recriminatory discussion as to some shareholders paying calls in full and others in part, the meeting adjourned till Monday.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZTIM18910613.2.17
Bibliographic details
New Zealand Times, Volume LII, Issue 9319, 13 June 1891, Page 2
Word Count
121THE KAIHU VALLEY RAILWAY COMPANY. New Zealand Times, Volume LII, Issue 9319, 13 June 1891, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.