A Share Transaction.
AN IMPORTANT DECISION,
By Telegraph—Press Association. Dunedin, last night.
A case came before Mr Justice Williams to-day, in which C. N. Macintosh, of Timaru, applied to have his name removed from the register of the Mokonui Company in respoct to 150 shares, on the ground that he had not applied for them. The facts shortly were that Macintosh telegraphed to Messrs Barr, Leary and Company to reserve 150 shares for him, and that firm signed an application on his behalf for the shares, and they were allotted. On receiving a notice of the second call, which Macintosh said was the first intimation he had had of shares being allotted, he declined to take them. After argument, Mr Justice Williams decided that the telegram to Barr, Leary and Co. did not authorise them to apply for shares on behalf of Macintosh; that he had not acquiesced in the allotment, and that he was therefore entitled to have bis name removed frqm the register,
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Bibliographic details
Gisborne Times, Volume V, Issue 34, 9 February 1901, Page 2
Word Count
165A Share Transaction. Gisborne Times, Volume V, Issue 34, 9 February 1901, Page 2
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