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The Colonial Bank Liqui ation.

TO THE EDITOR. iu S r B iT^ ill yOU be gGocl cnoll Sh to publish the following correspondence for public Information? — I am, etc.,

„ . , , Colin -Allan. Cansbrook, October 2. Bedfoid low, Christchtirch, September%26, 1900. Colin Allan, Esq , Dunedin. i I * ear Sir,— Looking through my old letters LO-day, 1 came acioss yours of March 4 last This reminds me that it is now over six months since my letter appeared in the Otago -JJa'Ty limes, and we seem no neaier a settlement of Co.omrJ Bank affairs than wo were then. As you are on the spot, it occurs to me to write you to ask whether you think anything can be done to wake up the liquidators. Do you think it wou.d be possible (and desirable) to o-efc a. petition to Parliament for an inquiiv into the liquidation signed and presented'this session? We sjiould rot get n, but it would diaw more attention to the nuttier.

I Think it is a great pity that we shareholders should stand silently by ail these years, while taese liquidators .simply tieat us with contempt, and give us no atom of information aooufc our ov.n pioperty. With kind regaicls,— I am, dear sn, yours faithfully, T. E. Fhaseb. Carisbi ook, September 2S, 1900. Messrs Simpson and Tigers, liquidators of the Colonial Bank. Gentlemen,— l had a lettei this niornin~ fioni 2ilr T. E. Frascr. of Clmstchurch, whS is a largo sliaicholuir m the defunct Colonial Bdiik, asking if I cap. give him any information logarding the progress of the liquidation, and suggesting- that, m tlie event of any further delay m bringing the liquidation to a close, certain ulterior measures should be adopted by the shareholders to bring matters to a crisis. He ends his letter thus.— "l think it is a great pity that we shaieholders should stand silently by all these years, while these liquidators simply treat its with contempt, and give us no atom of infoiiEatiou about our own propei'iy." , I shall be glad to hear from ycfu when you think the shareholders may look for a final &eUlemeni; of the affairs of the bank, that I may satisfy tLe inquiries of Mr Fraser and others who have from time to time applied to Jkr Ban on and myself touching the same subject. — I have, etc., Colin Allan. Tho Colonial' Bank of New Zealand (iv liqui- * dation). Dunedin, C?th September, 1900. Colin Allan, Esq., Cai:sbiook. Dear Sir, — "Wo are in receipt of your letter o£ 28th hist., and, in repty, have to say that we> expect to bring tho liquidation of the bank to a close at tho end of December, and- hope to pay a dividend of about Is per shaie. We are, and have been, just as anxious as Mr Eraser or anyone else to bring this matter to a close, and the various delays hrve not been caused by us.— Yours faithfully, '\Ym. B. Yigebs. (For self and co-official liquidator.)

A horse attached to a heavy cart, driven at a hand gallop, caused a general scatteringin Princes street at 12.30 on Tuesday. The driver lolled in the vehicle with a complacent smile on his features, which indicated tliat he was in the happy, careless frame of mind which tlie use of alcoholic beverages sometimes produce?. As he clatteied down tlis incline past the post office all the vehicular traffic considerately made way for him, whil% the pedestrians and loiterers about the Eattray street crossing also hastened to watch his onward progress from a better coign of ■\antage than the doorway afforded, for be modified his pace but very little a? the vehicle rounded the corner at that point. Happily; no damage, as far as can be learned, ensued.

iVDVTCB to Alothebs I—Are1 — Are you broken m your rest by a sick child suffering with tha pam of cutfui^ teeth Go at once to a chemist and cjet a bottle of Mrs TVinslow's SoothingSi'iiui 3 . It will relieve the poor sufferer immecluitcly. It is perfectly harmless, and pleasant to the ta-ito; it produces natural, quiet slee]_a by lelieving the child from pain, and the littla cheiub awakes "as bright aa a button." It Eoclhcs tlio child, it softens the gums, -,llaya all pain, relieves wind, regulates the bowels, and is the best known remedy for dysentery) and diarrhoea, whether arising from teething or other causos. Mrs Winslow's Soothing Syrup is sold by medicine dealers everywhere at Is JJd per bottle,— -ApriS "

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19001010.2.35

Bibliographic details

Otago Witness, Issue 2430, 10 October 1900, Page 10

Word Count
748

The Colonial Bank Liqui ation. Otago Witness, Issue 2430, 10 October 1900, Page 10

The Colonial Bank Liqui ation. Otago Witness, Issue 2430, 10 October 1900, Page 10

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