ALLEGED NEGLIGENCE OF DIRECTORS
A CASE IN THE EQUITY COURT. • By Telegraph—Press Association—Copyright j Sydney, March 13. j A case' has beeji commenced in tho ] Equity Court bv the Mount Oxide Mine, 1 Ltd., against {he directors of the com- j panv, in respect ,to alleged neglect: in. ■} the control and management of tlie ' company's affairs. ; . . • ■ '
The case involves certain transactions | with the J. Earle Herman Company, j and alleges tliat though complaints hadi j been made, tho directors took no steps ; to terminate tlie management or con. j trol of the business by Herman. On ; these grounds it is asked that defends ! 'ants be ordered to pay £25,000, or tha ( j amount of loss sustained by reason of • their-alleged negligence as directors. !
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Dominion, Volume 9, Issue 2720, 15 March 1916, Page 5
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123ALLEGED NEGLIGENCE OF DIRECTORS Dominion, Volume 9, Issue 2720, 15 March 1916, Page 5
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