EQUITY SUIT
/ . , _ .., .. .// Australian Preiss -Association) / .■./ - / . SYDNEY, .Aug'. Commercial circles are inlerestefl'ifiV aii : equity suit in which, jtidgnieiit/ / was delivered to-day, • the < _ defendant?' being -George Bond/ formerly ' of George A.’.pßpriil’ •; arid Compa/y, Limited,, hosiery .in'anii/v facturera in liquidation) / .The b'court' . \ was askedeto deciarerthhl/tiief defend/, ant had committed >a, breach .of trust/' by drawing salary, 'expenses and com- 1 -;, missions far in -excess ;of* .whattheshareholders had agreed that lie . should/ . <ira(v. v The liquidators contended that-.. , Bond’s . salary was - fixed .by resolutioiiy, at £4jßoo, whereas Bond' had drawn at / the rate of ten tnbusand' pounds. / The court granted .a. .decree, and' > ;: directed that Bond sliould refund; if - , substantial portion' of hissalarj/tra'- - veiling- expenses, arid' other , amounting, it, is estimated, to.about y, • £IOO,OOO. Bond was'brdfeired R>' ; pay the costs of-the decreb. -T
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Hokitika Guardian, 27 August 1929, Page 3
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129EQUITY SUIT Hokitika Guardian, 27 August 1929, Page 3
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