ARBITRATORS’ AWARD
SOUTH TARANAKI TRANSACTION. PRICE AGREED ON. (Per United Press Association.) Hawera, May 11. The award of the Arbitrators who sat recently to determine the price to be paid by the South Taranaki Electric Power Board to the Hawera County Electric Lighting Company, Limited, for the whole of the latter’s undertaking was uplifted in Wellington this morning. The price fixed by the Arbitrators is £125,682. This sum includes the company’s stock in trade and tools. By agreement between the parties the company’s cash in hand, inscribed stock, and the book debts remain the property of the company. The Arbitrators fix the costs of their award at £1251 4/5 which is to be paid by the parties in equal shares.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ST19290514.2.102
Bibliographic details
Southland Times, Issue 20773, 14 May 1929, Page 11
Word Count
120ARBITRATORS’ AWARD Southland Times, Issue 20773, 14 May 1929, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Southland Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in