A Mew Way of Transferring Bank Shares.
-4k- | Per Press Association ! Melbourne, Sept 9. In the Insolvency Court a certificate was granted to an ex-sharebroker's clerk dispensing with the payment of 7s in the £ on his debts, which amount to £2570 due on share calls. The evidence showed that by the direction of his employer and without the full knowledge of what he was doing, the debtor was in the habit of signing, as transferee, numerous parcels of shares in banks and companies, a number of which since become insolvent, for which he was made liable. It was also adduced that that was the common practice amongst the clerks and office boys in sharebroker's offices to sign share transfers, and that they dare not refuse from fear of losing their position. Judge Molesworth severely commented on this practice.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/FS18950910.2.14
Bibliographic details
Feilding Star, Volume XVII, Issue 62, 10 September 1895, Page 2
Word Count
138A Mew Way of Transferring Bank Shares. Feilding Star, Volume XVII, Issue 62, 10 September 1895, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in