TRANSFER OF SHARES
-Press Association.)
Judge Holds Fraud is Established
(Bv Telesrranh-
CHRISTCHURCH, Last Night. Holding tliat the contract was procured by fraud, Mr Justiee Kennedy, in a reserved judgment issued to-day, ordcred tlie Australian Investment Corporation Ltd. to re-transfer to George Herbert Elliott £540 worth of debentures in the Investment Executive Trust of New Zealand Ltd and pay him £180 for dividends received from the PubJic Trustee in respect of the debentures and £60 paid by Elliott. The judgment provided that Elliott should return to tlie company itg shares allotted to him. Costs were also granted to Elliott, who is a retired art master of Palmerston North.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBHETR19370817.2.24
Bibliographic details
Hawke's Bay Herald-Tribune, Issue 180, 17 August 1937, Page 5
Word Count
108TRANSFER OF SHARES Hawke's Bay Herald-Tribune, Issue 180, 17 August 1937, Page 5
Using This Item
NZME is the copyright owner for the Hawke's Bay Herald-Tribune. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.