BRISTOL PRODUCERS.
VOLUNTARY LIQUIDATION. LONDON, January 19. The creditors of the Bristol and Dominion Producers’ Association decided upon voluntary liquidation. The report presented to the meeting of shareholders stated that heavy losses were made after 1919 owing to falling markets and the diministed sales of canned goods, which resulted in a loss of £31,000. The loss on syrup was £58,000. The unsecured liabilities were £87,000; secured creditors, £45,000. In addition, the Ministry of Food claimed to be a preferential creditor for £48,000, which would sweep away all the available assets; but this preference would be resisted to the last. The capital, which was increased to £55,000 in 1920, had been wholly lost.
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https://paperspast.natlib.govt.nz/newspapers/OW19210125.2.54.7
Bibliographic details
Otago Witness, Issue 3489, 25 January 1921, Page 24
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112BRISTOL PRODUCERS. Otago Witness, Issue 3489, 25 January 1921, Page 24
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