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£50,000 PAID FOR STATION 4BC
The purchase price of the broadcast Ing station 4BC, and its associate in terests, which changed hands in March, was £50.000. accordiner to information
given in a prospectus Issued oy com monwealth Broadcasting Corporation (Q'land), Pty., Ltd. The company was formed by the Aus tralian Broadcasting Company PtTi Ltd., which acquired the station from Chandler and Company. The actual purchase price payable to the vendors was £48,200, but £1800 additional was paid for land at Oxley. Chandlers re ceived £10,700 in cash, and a debenturs was given for £37.500.