INJUNCTION GRANTED
SHAREBROkINC COMPANY
MELBOURNE, June 9.
Mr. R6bef.t Gall, solicitor, submitted an affidavit /in the Practice Court today stating that he had been informed by Messrs. W. C, Ward,, A. K> Ward, and R. C. Curwen, trading as Ward and Company, sharebrokers, that they were if* debt £50,000 in excess of their assets. .. '
Mr. Gali added that he believed the deficiency was much greater. Mr. Justice McFarlan granted Mr. Gall's application fdr an interim injunction restraining Ward and Com-' pany from parting with certain share certificates and transfers -. for eight days.
The committee of the.Melbourne Stock Exchange announced that William Cooper Ward, A. Keith Ward; and Roy C. Curwen had ceased to be members of the Stock Exchange and that the affairs of Ward and Company; sharebrokefs, were being investigated. The" amount invblved in the collapse of that firm, it was stated, was not yet known.
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Bibliographic details
Evening Post, Volume CXXIII, Issue 136, 10 June 1937, Page 9
Word Count
147INJUNCTION GRANTED Evening Post, Volume CXXIII, Issue 136, 10 June 1937, Page 9
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