Swan-Song Of The
p. 30 · Read in the full issue
Aloha Co.’S.
THE announcement in July that share- M holders in Aloha Central Gold Mine, N.L., received a first and final dividend of 4/8 a share and Aloha Syndicate holders £6/4/5 a share marked the last of these sensational stocks. The legal manager (Mr. J. H. Roxburgh) stated in a circular to shareholders that with these payments “the existence of the companies is auto matically terminated.”
Aloha Syndicate £lO shares during the Fiji gold boom last year touched £650.
Shares in Aloha Central, an offset, reached £4O.
When a second offshoot, Aloha Alluvials, was floated in May, 1935, the £5 shares touched £l7. It was calculated that the rights and market valuation of each original Aloha Syndicate £lO share were worth in all £1,134 —three months after formation.
Aloha Alluvials, which was wound up at the beginning of this year, returned £3/13/9 a share of unexpended money on the final distribution Mr. and Mrs. A. Hallam-Roberts ar rived in Sydney from Suva with their son Richard by the Monterey on July 13.
Mr. Hallam-Roberts, Who was for some time Chief Police Magistrate in Fiji, has been transferred to Zanzibar.