SHARE HAWKING.
CROP OF COMPANIES
“Wo have a whole crop of people in this country who are hrmgirig out new companies, good, bad and indifferent. There is a good deal of share hawking, and some prospectuses published in the newspapers have not complied with the Companies Act,” stated Mr. T. N. Gibbs at the meeting of the council of the Canterbury Chamber of Commerce. Air. Gibbs urged that the chamber should forward a remit to the annual conference of the Associated Chambers of Commerce. urging the Government to bring the Companies Act up to date and so protect the public in regard to tlm flotation of new companies. Mr. Gibbs said that Britain and then Australia had been visited by waves cf company r.romoting, and now New Zealand was. visited. Both England and Australia, wore feeling sorry for themselves. It was decided to draft a remit along the lines suggested by Mr. Gibbs.
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https://paperspast.natlib.govt.nz/newspapers/THS19290810.2.44
Bibliographic details
Thames Star, Volume LXIII, Issue 17660, 10 August 1929, Page 6
Word Count
153SHARE HAWKING. Thames Star, Volume LXIII, Issue 17660, 10 August 1929, Page 6
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