The Federal Bank Scandal.
AN OUTSPOKEN JUDGE. (PEB PBESS ASSOCIATION.) Melbourne, This Dm In the Federal Bank case, further argument heard on the application for the removal of the liquidator, Counsel for the defence said there was nothing in the Articles of Association to prohibit lending money to the Directors of the Bank, and remarked that the Directors came very badly out of their transactions. " Yes," retorted the Judge, " but the people whose money they took came out worse. They speculated with other people's money and caused an enormous amount of misery — that is the real truth.'
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Bibliographic details
Feilding Star, Volume XV, Issue 291, 18 April 1894, Page 2
Word Count
97The Federal Bank Scandal. Feilding Star, Volume XV, Issue 291, 18 April 1894, Page 2
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