APPEAL CASES.
In the appeal case Commissioner of Victorian Railways v Coultas, judgment was reserved. In the case of Dibbs v the Bank of New South Wales the appeal t?as allowed with costs. Bank of New South Wales v Dibbs was dismissed with costs, The decision declares that the Bank is only entitled to charge 5 per cent on advances, and is not entitled to charge commission on the two million loan registered by the Bank of England, also that the Government are entitled to a set off of oneeighth per cent on ;£j, 200,000 transferred from London to Sydney, The judgment further stated that the sudden termination of the contract between the Government and the Bank would i have produced the utmost confusion m » the finances of the colony, which the 1 contract sejms carefully to guard I against.
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https://paperspast.natlib.govt.nz/newspapers/AG18871220.2.20.13
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Ashburton Guardian, Volume VII, Issue 1720, 20 December 1887, Page 3
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140APPEAL CASES. Ashburton Guardian, Volume VII, Issue 1720, 20 December 1887, Page 3
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