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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
108

TRANSFER OF SHARES Hawke's Bay Herald-Tribune, Issue 180, 17 August 1937, Page 5

TRANSFER OF SHARES Hawke's Bay Herald-Tribune, Issue 180, 17 August 1937, Page 5

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