WAIRAKEI LIMITED.

Hokitika Guardian, 29 February 1924, Page 4

WAIRAKEI LIMITED.

| A U.KGIff) MISIUiriiKSF.XT.Vno.V [llV TELKCRAI’H —mil I'IUI.SS ASSOCIATION.] A I.'CK LAN 1) February 27. j An action arising out of the foriliai lit n ol a (oni’i. uy kirv.vn a- Wairakei ’[ i.id., was lieard belore Air Justice ! i '• . dawn and a jury of It’ at the Stt- ' ■ l rente Court, v. hen the Hon. (merge I Ho. William Aleldintukl. Al.L.t'., of •' » dnev. Xrv; Smith Wales, ‘-might to i 'A";,;! from Atthur ( A mo, puh-Au.-bland. ti:e plaintiff alleg--1 iug misrepresentation by Cleave in regal d t:i :0 £‘l shares in Wairakei Ltd j I ’lhe nliogeucnx by McDmudd uere ' that in 1:11 i?. Clear.', who was engaged ■ m prom- Cm/ the company, iudo . d Idm A . mi: ;Av i’m FOOD shares 1 y fu!. ely rep- ■ . re. curing : I | (!) ili.it the only ivn’iu;' r ;: i ■;» d--1 j iei'(!e.at Wa- 'receiving in i nniioxiiui ti:- roUiotion Was a. i i.’emis-ion 'me: l' e shinos. CJ ’i!"'i ddendant ine.i no tinnnet'-l t I i'lt'/ivt in the rgic of the properly, i A i l icit :! ’ (I raham fauiiiy. Ihe 1 t uii i;'. 1 . iii'is of i he ] i"!i i• 1 1y. hud inlii iimlm l lint lie ' would tnl-o- up sir lvs to an : mount rej iv-cnlin-.'. the oi'eater . (!i ’leal lit" j rii •/ of £.7.1 CO'I at . j vbi'.'li I’.’e j.itopeny »u« lieirig sold was - ! ' ■ j a; niarhei price, and that no * a iditiou Il.'i I ice i i made thermo by i. v.-tv t;I" “loinling.* 1 m- (-M T!»al M.IOO ivj-n-'f'liU'd siwli cl ; v:il;u» ;i> would In iH-eoj.t .<-d l.y ihe ' I;.- ».:i !*•:«* ; iHpoxo of .••dvnr.cps. >.! n’>> 'I m:iL .lames '.Rol lesion. t!k-n I . 1 mMnaynr of lln* t imid flotol, Auckland. (% \ i'nd ji'.’j.Foi'd to i:orome manager of the ,|- Wairakei Slolel. J. ’iho V,’.‘S II < O i!! j ■ i<‘l v* (I lliul Oi j{ !>:i<rv|OVv::!t,-i t ions llour-d . Is- ••j.oiiin'j; tl.o i ;i -• * for tin* j *! n i i »1 ii!'. () Mr Nuiiliorofi sh irl ilint instead of j, i!i‘Mil Im* whs ;t vendor nj i In* ,-j | i« || r • 11 y Ml. £.'(>.<loo, defendant *_M.t, a! , j • ; ia ! i 1 neraT.in ji;am .•i-lih.-in hot \\ *■».*»: 1 ~ ! ’ rr.'i-i; ni'd .Mrs (1 1 i'.Tso; i. t'nder that • j | d • i i! i s 1 a * i i la* was aide to -ay I In* <t»; i; - i j I'oiiy V -M' huyiiiu; i!ie jn-onerty at ( j l.' h'.OdQ Sr* in tin* (>‘rulium family, Had lie -ud he was I’oimine a euinjMiny (<> hoy WairrUei from himself then.* would j havo M'. n some elo-e enquiry as to Ir i*-- j J'.o’.r!;.. Phi i n t i fi”> cr*iiteulioii was j ( j i - at ti'e ><’ I'.e-Oe v. a- ded '.iied i!e!ihi*r- | .. a '• ly hv *’oi ~*ri.o*; into a flood of |ar!ii*' 1 * i > v. it’n Mrs fd'i.*r-on. w hich was K aliy ;* ii o];iioa an .! one emminwly de- ' • ed to ( ‘r; ? | * (*;d the IJ »o • t fie was hi:y~ i tio* j■ i*i oeity and it. i’hmitdr was in the hex for several 1 h-ujj- - -ivino: (“nyl !iy evidenee in sii]:i O'i of his eiuiui. M:> dan.* Stevenson (Jrioison also i* ev idv‘nee Mr T«»v. le. opening |.»r the deience. j ■ "hi ! hey i:ad had Ch-ave jodnled in .• j i’i*‘ d 1 1 i riniua and it ii? d heen ■| k :.'=isd thju h<> made L'L'd.OOd .oil of i-j 'im m aetion. What were tile facts r , j il.* ohiaiuvd an ojition dtniiiy the war • i-j v itr-*j CMnijiany iiromnt ion was a an tier | i > ' I ho' it!most difficulty. The :,"I il l ! ” | : ii lb in iimde v. as Adh'l. Tbe dif- j ! | 1 ' ' bet ■ mil I lie | ill; i';' " ; i c ; . | li'ei" Mr-, G- i a" .ei mill (he ale ] i it " ; .A " 1 l:e cemp; ;i. adtiiil t,'[,’!/• P’ , u.ik n * tif a-' . hot! bee.', . o: y im-tvy j ’e'!> • d. !,i in ny "mes In f « l;.i f-,; ||o- : 1 It'l I'l i ' e bed b l'iu .'!i :l>.. Thi.' ! ! m v iio- iv find Whether lucre V; . a. reii'"'fiit:'i i-n Hint j:e u os mtd.in, i,r . ’ ; i "fit. I 'lni'll iti’. ho eeid'Uidc i ' od a!! onmiiion boi’.a'.' bin ( jenve . ■■■■ o’ ! del!" 1 !mt he .■ :. t. : }> ,ih i ' ‘oil t o i ] • j 11 ;i i;n •-sii• t> t "! l!'(_ ! ' 'o'd. : Oniii: tit So! hud mane mtr.-;v I •! mil"-' ! or. t hilngs nei'e mom/,. Inn. ~ i ’ ' di" . If' idein".' wnitld lit- ;-i•. •: r • !ii im i nmny shuiv, 'ful b, on . I im- " :■ -! I’l.nn 111- "in’ :• ii !) 1. Ainy ~ ; mAh and wore \vm; :ml,l beluv £!. ]fit. ' t blit t a -- J.]:, i'll i't (-. mid 1 • ”■ • b 'ces at 1 heir hill value. J i e ' ■ \.;>s :i( J .;’>U7'ii :*'f. y GOI.F. | I iiv •’rij'oit.srn—]'i-:i: pjiess as“«u iat.'<»n-.1 X If W VOHK. i-\'b. ■’ 1 ’■ hh. n ,1 Cl. Te\ ! , (•.’ il h ,1- -d Well 'jib' ' • u bo nj -no- biii, phi i'l-v i; I i- b -i ; i Jleiboi or- s.-i -1 d 01-. ccTjar: .• at v/--:of.r : .r; ; .t; a- : !' w -'ii'' i-o ■:> tb mil; , •. ■ : if, s a ■m, < i ;:1 -. j, ( , • f d >, cm Ira qualify Sliefb.'id .!;• ti,-. 's-r.i oiuycs at :fOs per > dm', tom. I - ill,ms .'Oinii* quali y. A (r Cd jo;- ! . h" in's llielml sill- r heavy fi.\ i o'. !• a si -mus h. , ilivserf spomts a nr' 1 i' '. i r-d.le - ■■ ii.oi i . o i! If h - ! '* !

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