Southern Pacific Insurance Co.
p. 26 · Read in the full issue
A N issue early in August of 50,000 shares in Southern Pacific Insurance Co., Ltd., which was limited to registered shareholders in W. R. Carpenter and Co., Ltd., was over-subscribed approximately threefold.
Total issue comprised 75,000 ordinary shares of £1 each, of which 25,000 were to be taken up by W. R. Carpenter and Co., Ltd., and its associates, that company undertaking also to take up any of the shares offered to its shareholders which might not be applied for.
It is proposed to apply for listing of the shares on the Sydney Stock Ex change.
Mrs. J. F. Montague, of Auckland, New Zealand, is visiting Suva, where she is the guest of her son, Mr. Clive Montague, and his wife.