BANK OF NEW ZEALAND.

Wanganui Chronicle, Volume XXXVIII, Issue 12120, 7 December 1894, Page 2

BANK OF NEW ZEALAND.

* A CALL OP .£3 6s 8d PBR SHIRE. (Per Fbb-18 P bsociation.) Wbuikgton, December 6. Tho Bank of New Zealand have made a call of £i Gs 81 per share on all ordinary shaves, payable in ihreo instalments in Wellington and London on February Ist, August Ist, and November 25th, 1895. The calls, if paid in full, will produce half a million. In a circular addressed to the shareholders it is explained the call is made in pnrsuiueo of clause 5 of " The Bank of Now Zealand Share Guarantee Act, 1894." Ifc is considered necessary for the welfare of the Bank to call in acd cancal one-half of the Estates Company's GJ psr cont. d«rc lturos, 'amounting at present t-j a million nnd t-half. Tho directors regret the necessity for Ihis call, but they believe it to be in tne tiuo interests oi shareholders and conducive to the succes3of tho Bank. Mr C. G. Andrews, who has been for some years Inspector of tho Bank of New Zealand in Australia, arrived here yesterday to taka up the position of Inspector and Acting Goneral Manager of the Bank.