AN IMPORTANT CASE.
(I'ER PRESS ASSOCIATION.)
Wellintton, Oct 29,
Continuing argument in the flourmilling case in the Court of Appeal, Counsel for defendant Coy, submitted that the agreement was contrary to public policy because of the tendency to limit the output, enhance price and prevent improvement in the quality of flour. As to the power of the Coy to take up shares in six propositions, lie submitted to the Bench that this was chiefly on the ground that the Coy, could not part with the control of its own business or limit itself in any way, also that the directors had no power to conclude s'jch transaction which was out of the usual course.
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https://paperspast.natlib.govt.nz/newspapers/GEST19011030.2.26
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Greymouth Evening Star, Volume XXXI, 30 October 1901, Page 3
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114AN IMPORTANT CASE. Greymouth Evening Star, Volume XXXI, 30 October 1901, Page 3
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