AN UNFORTUNATE COMPANY.
[Per United Press Association.] y Auckland/ September 12. At an extraordinary meeting of the shareholders of the New Zealand Frozen Meat' and Storage Company. yesterday, ' a Committee appointed to consider the position , of affairs reported :— "We hayee^amineji,!..,; .the. financial position "of "ihe Company,' and have come to the conclusion that we do not see any probability' of > anything coming to the shareholders after paying ' the -liabilities owing by the Company. ■ We cannot suggest any scheme to' put : before the directors that is likely to ' benefit the present shareholders, and the ' only alternative we see is liquidation."'..'. It was accordingly resolved by 18 to 2. that the company be voluntarily w.owad up, Messrs CX S.. Kisling and A. Buokland wore appointed liquidators at a salary of 100 guineas.
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Bibliographic details
Wanganui Chronicle, Volume XXXII, Issue 11484, 13 September 1889, Page 2
Word Count
130AN UNFORTUNATE COMPANY. Wanganui Chronicle, Volume XXXII, Issue 11484, 13 September 1889, Page 2
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