Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image
Article image
Article image

IN LIQUIDATION.

DOMINION MERCANTILE AGENCY. OFFICIAL ASSIGNEE TO ACT. BUSINESS TO BE SOLD. (By Telegraph.—Press Association.) WELLINGTON, Wednesday. The affairs of the Dominion Mercantile Agency Ltd., were discussed to-day when the Official Assignee, Mr Tansley, presided over a meeting attended by between 40 and 50 people the majority being solicitors representing creditors assisting Mr Tansley, Mr Powles, solicitor, appearing for the petitioning creditor, Messrs Ross and Glendining, Ltd. It was unanimously decided to make no application to the court for the appointment of a liquidator in place of the Official Assignee or for the appointment of a committee of inspection, and Mr Tansley will carry on with the liquidation. It. was decided that the Official Assignee call for tenders for the purchase of the business as a going concern as a whole, or for the purchase of separate branches In Wellington, Auckland and Christchurch.

Although no'detailed statement was available as to the exact financial position of the agency, the deficiency was stated to be between £6OOO and £7OOO. The creditors number 700 and the debtors 500.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19360916.2.79

Bibliographic details

Waikato Times, Volume 120, Issue 19992, 16 September 1936, Page 8

Word Count
176

IN LIQUIDATION. Waikato Times, Volume 120, Issue 19992, 16 September 1936, Page 8

IN LIQUIDATION. Waikato Times, Volume 120, Issue 19992, 16 September 1936, Page 8

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert