Payment of Debenture Interest Deferred for One Year: Increased Percentage A meeting of debenture holders in the Tebong Rubber Estate, Ld., was held on Monday afternoon at: the offices of Messrs. J. A. Wattie Ca., Ld., secretaries and general managers. Mr, A. J. Welch presided, supported by Mr. W. Wakeford Cox (director), Mr. R. G. MacDonald, Mr. H. M. Little (trustees for the debenture holders), Mr. RB. E. S. Gregson (legal advisor), and Mr. C. J. L. Stewart (secretary). Debentures to the value of Tls. 42,700 were represented.
In his speech, the Chairman said The circular explaining the necessity of calling this meeting has been in your hands for some days apd I do not propose to weary you by going over all the ground again, 7 The position briefly is this, the Tebong Ca. has a debenture issue of Tls. 250,000, bearing interest at 8 per cent. per annum, which interest is payable half yearly on July 31, and January 31. The
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