REDUCTION OF CAPITAL
WAIHI MINING COMPANY FAVOURED IN LONDON. Per Press Association. AUCKLAND, July 18. With reference to a proposed reduction of capital in Waihi Gold Mining Company, Limited, the attorneys have received the following cable from London:—“Result of reoent voting shows considerable majority of shareholders are in favour of immediate reduction of capital by. 5s per share. As English law courts close during long vacation, application cannot bo made until October. Meantime during the English autumn, general meetings will he convened in order to consider and if thought fit to pass necessary resolutions to give effect to shareholders’ wishes.”
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Bibliographic details
New Zealand Times, Volume LII, Issue 12194, 20 July 1925, Page 6
Word Count
100REDUCTION OF CAPITAL New Zealand Times, Volume LII, Issue 12194, 20 July 1925, Page 6
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