TO-DAY'S TELEGRAMS.

Ashburton Guardian, Volume V, Issue 1520, 30 March 1887, Page 3

TO-DAY'S TELEGRAMS.

Important to Shareholder*. Auoklm), March 9 0

An important judgment was delivered m the District Court to day m the cnse of the North New Zealand Woollen Company v Styiik, an action to recover £47 lOs, allotment money and calls on a hundred shares. Payment was resisted : (1) BectUfie defendant waß induced to becomo a shareholder by fraudulent representation on the part of A. D. Bennett ; (2) Because there w as a material variance between the prospectus and the Articles of Association His Hom>r held the fraudulent statement proved, but siid the defendant should have repudiated the shares as soon as he discovered it. He also held that the same rule applied to 'ho variance between the prospectus and the Articles of Association. He held that the defendant had n<>t repudiated promptly, or within a reasonable time, not. m fixt, till the present action had been raised. Ho therefore gave judgment for the amount claimed with cob a The defendant gave notice of appeal. Gold. Thame«, March 30. The Cambria crushing for the past foitnight haa prnduc d 376 z gold, Sudden Death. A voting m n named Joitn Kneebone, residing at T/traru, died suddenly last evening owing to the bursting of a bloodvessel. The JubilfO. .Nelson, Maroh 30 A public mooting was held last night, the Alayci presiding, to consider the boßt meand of commemorating the Queen's Jubilee. It was decided to raise £400 for converting a reserve near the Government Buildings into ornamental gardens, and £100 for the celebration of the day. A large and influential committee was appointed to canvas for subscriptions and make arrangements.

Committed for Trial. Chkistohdhoh. Mai oh 30. William Ball was committed for trial to-day on a charge of stealing load. He wa« on accomplice of five men committed on Monday on the same chaige. Horman Groth wuß committed for breaking and entering with intant to commit a felony.

The