NEW GOLDEN BEACH COMPANY.
A meeting of shareholders in the New Golden Beach Hydraulic Elevating and Dredging Company was held in the registered office of the company on Saturday evening, at which only a few of the shareholders were present. Mr James Samson (chairman of directors, who presided) stated that the breaking away of the dam and the letting of the water out of the paddock necessitated repairs ■which occupied more than a fortnight. The mortgagee, seeing no returns coming in and expenses and wages running on, sent in a demand for the immediate payment of his mortgage, and the company having no funds to- satisfy the demand, he took possession of the dredge and claim, and the company was compelled to go into liquidation. A resolution was then carried that the comnany should be wound up. and that Mr Edward Trythall be appointed liquidator.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/OW19050419.2.68.10
Bibliographic details
Otago Witness, Issue 2666, 19 April 1905, Page 25
Word Count
145NEW GOLDEN BEACH COMPANY. Otago Witness, Issue 2666, 19 April 1905, Page 25
Using This Item
Allied Press Ltd is the copyright owner for the Otago Witness. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in