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Villa Maria's parent company owes banks $211.9m, receivers' report says.

Its assets are yet to be confirmed.
In the lead up to the appointment of receivers Villa Maria came under pressure due to issues with the group s financial structure, the report said.
The group had been running a process to raise equity and sell surplus land in Mangere, Auckland. Receivers had helped Villa Maria directors sell the land, it said.
Shares in Villa Maria were being sold but details relating to the sale process were commercially sensitive, the report said.
In May Gibson said Villa Maria had been looking to raise capital.
New investment or a sale of shares had been considered, and it was decided all shares in Villa Maria Estate would be sold, he said at the time. ....

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Chasing Shadows: Gibson Road family rooted In agriculture

Chasing Shadows: Gibson Road family rooted In agriculture
by Pam Richardson Guest Columnist
Our local farmers markets and residents would jump for joy if it were possible to bring Apalachicola plantsman Thomas Cameron Gibson back among us. We are accustomed to thinking that the forward march of time brings progress, but in some cases people were better off in the past, and this is certainly true in regard to the availability of locally cultivated produce in the Apalachicola area.
Thomas was born in 1857 in Long Cane (near LaGrange), Georgia, one of nine children of Osbourn and Amarintha (“Minnie”) Gibson. A decade later, the Gibson family were living in the north Alabama boomtown of Bluffton where Osbourn worked first as wholesale grocer and then as a farmer. Something, however, led them to move again, this time to Apalachicola where, after Osbourn’s death in 1884, Thomas followed in his father’s footsteps and established himself as a farmer – and an extraord ....

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