BREACH OF TRUST
-Press Association.)
McArthur Orderea To Pay £19,340 INVESTMENT TRUST ASSETS
(By Telegraph-
WELLINGTON, Last Night. Tho Chief Justice, Sir Michael Myers, has made a declaration that J. W. S. McArthur was guilty of inisfeasance or breach of trust while a director of the Iuvestment Executive Trust of New Zealand, Ltd., and has ordered that he should contribute £19,340 to the assets of the companv. Costs are fixed at £100 a'nd disbursements. An npplication for a sfcay of execuiion has been stood over, counsel for the Public Trustee undertaking not to proceed to exeeution for 21 days without first obtaining tho leavo of the Court.
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https://paperspast.natlib.govt.nz/newspapers/HBHETR19370915.2.103
Bibliographic details
Hawke's Bay Herald-Tribune, Issue 205, 15 September 1937, Page 9
Word Count
107BREACH OF TRUST Hawke's Bay Herald-Tribune, Issue 205, 15 September 1937, Page 9
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