A BANK RECONSTRUCTION SCHEME.
By Telegraph,—Frets Association.—Copyright. XjONSqh, April 1. •. Thij ddiiimiltije ijt tfie House .of Lord, which'jmd the .matter in. .band bi(S. dooide.d tliat tho London Bunk of Australia rccoustruotion scheme shall provide that tho difference between tho now and old rates of interest shall bo payable out of tho pronto before the payment of dividends, and that any unpaid portion shall not constitute a debt for which the fe-ink can be sued. Received April 3. 6.90 p.ra. * LOnßon, April 1. • . ’the Lcnddri dink 6t Australia has accepted thd RddonstrUctiou Bill as amended by the House pf Lords. The amended proposals will be Submitted to a deferred meeting o! depositors when the Bill passes tlio House of Commons.
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Bibliographic details
New Zealand Times, Volume LVX, Issue 3094, 3 April 1897, Page 2
Word Count
119A BANK RECONSTRUCTION SCHEME. New Zealand Times, Volume LVX, Issue 3094, 3 April 1897, Page 2
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