WONDERLAND.

Sun (Christchurch), Volume I, Issue 46, 31 March 1914, Page 5

WONDERLAND.

AT AUCKLAND EXHIBITION. A VENTURE THAT HAS NOT PAID. Press Association. AUCKLAND, March 31! A meeting of shareholders in the Amusement Company, which controls Wonderland at the Auckland Exhibition, was informed by* the chairman that the share list of the company was 20,000, 10,000 of which went to the vendors. Of the remaining shares 6000 were sold so well at £1 per share that the directors decided that the balance should be offered at an increase*! price. Another thousand shares were sold at £2 per share, bringing the subscribed capital to something over £9OOO. The expenditure with Wonderland ran into 3&20,000, and that venture had not come up to expectations. The directors were not to blame; they had to contend with the strike, the smallpox epidemic, and unfavourable* weather, while Wonderland might almost be said to have carried the exhibition on its back. ; Though there was no prospect of a dividend, there would be no question of the Amusement Company going into liquidation. « It was stated by speakers that no reflection was made on the directors or the management. The meeting appointed a committee to confer with the directors and report on the exact position of the companj.