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THE BANK OF NEW ZEALAND.

The Hon. T. Kelly has given notice to ask the Attorney-General on Thursday next:- (1) At what date does the 3£ per cent debentures issued by the Government and paid to the Bink of New Z;a'and for 150,000 preferred shares mature? (2) Has the bank sold the debentures or doe s it still hold them ? (3) The bank, having repurchased said shares from tbe Government, have they been offered to the public ? If not, is there any immediate intention to do so ? (4) As these shares are fully paid up and come in es \ to cipital and dividend before the or-1 dinary shares, is the bank as proprietor of these shares, entitled to declare and be paid a dividend on them ? (5) In what position is the money reoaived from the bank (£500,000) for these shares ? Is it invented, and if so under what secua'ies end at what rate of interest? (6) Js it a fact that the bank is lending money in London at short call, which money has been deposited in the bank in this colony ? w™ rH,:u..„. <„ a u.-_„ it t. _i

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19030904.2.27

Bibliographic details

Taranaki Daily News, Volume XXXXV, Issue 199, 4 September 1903, Page 4

Word Count
190

THE BANK OF NEW ZEALAND. Taranaki Daily News, Volume XXXXV, Issue 199, 4 September 1903, Page 4

THE BANK OF NEW ZEALAND. Taranaki Daily News, Volume XXXXV, Issue 199, 4 September 1903, Page 4