The Largest Cheque Ever Paid.

New Zealand Graphic, Volume XLVII, Issue 25, 19 June 1912, Page 47

The Largest Cheque Ever Paid.

The largest single cheque ever paid by (•tie shipping company in London was handed over one morning in April in the hoard room of the l iiiuii-C astle line ip Fenvhtirch-street, in connection with the transfer of the Union-Ctudle froniMcssrfl. Donald Currie and Co. to the Royal Mat’. Stearn Packet Company. The cheque for £» r >, 173,572 16/, drawn on the Bank of England by the latter company, was handed over by Sir Owen Phillips, i chairman, to Nir Frederick Mirrielees and his son, partners in Messrs. Donald Currie. In exchange Sir Owen Phillips was handed a certificate for th* bulk of the sShareei in the I nion I astle C ompany, numbering nearly 140.000. Ihe cheque was paid into Messrs. 1 * Donald (‘urrie’s account at the l ni<»u Bank of Scotland, and it w ; ll lie drawn by the shareholders at their .•.•nveniei:.'\ Tlr* previous largest ch-que in a dii|ping transaction in London wa> that ot £1,347.000 pa.hi by the Royal Mai Steam Navigation Company in pt’anl-e.- 191).