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Colonist, Volume LXI, Issue 15059, 30 April 1919, Page 2

The sliavoholdors of the Walhi Extended have consented to the sale of their prnnertv to a re?r company for £7500, subject to 10 per cent brokerage, leaving £6750, whfch,\with cash and assets, arid afior paying; liabilities, will yield shareholders aboiii 4s to 4s 3d per share. The chairman explained that within the last three years an auriferous ssoiu» aad beon reached and the directors were faced with a. lnrgej expenditure, to meet which it would bp necessary to reconstruct the coinpaty, and it was therefore' decided to recommend "the acceptance of the offer. , I