SHIPPING LINES
REORGANISATION SCHEME ' I APPROVED BY MEETINGS, j i LONDON, March 17, Meetings of the Royal Mail debenture stockholders, the White Star preference stockholders, and the Royal Mail secured and unsecured creditors, approved of the scheme for reorganisation. - i A previous message stated: The Aberdeen and Commonwealth Line, the Gedrge Thompson Company, and the Sliaw, Savill Line will in future work udder the last-named company, which will (not reorganise its finances, which are [perfectly sound. “It is officially announced that the Royal Mail Steam Packet scheme cannot at present include financial reconstruction as there is no laasis available for the plan, but the moratorium has been extended till 1934.’?
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Bibliographic details
Otago Daily Times, Issue 21598, 19 March 1932, Page 11
Word Count
110SHIPPING LINES Otago Daily Times, Issue 21598, 19 March 1932, Page 11
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