CLAIM BY SHAREHOLDERS
SPEEDWELL OIL COMPANY
COURT DECISION RESERVED
(By Telegraph—Press Association.) AUCKLAND, June 15.
After a hearing lasting 15) days, the, case was concluded, in the Supreme Court to-day in which 40 shareholders in the Speedwell Oil Company (N'.Z.) Limited, claimed £4633 from Harry Clinton McElwain. a former director of the company. the plaintiffs alleged that representations in the prospectus of the company were untrue and that the company did not obtain the full minimum subscription of £6OOO within 00 days as provided in the prospectus.
The defence was a general denial of the allegations. Judgment was reserved .
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https://paperspast.natlib.govt.nz/newspapers/HAWST19330616.2.17
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Hawera Star, Volume LIII, 16 June 1933, Page 4
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99CLAIM BY SHAREHOLDERS Hawera Star, Volume LIII, 16 June 1933, Page 4
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