Court of Appeal.
? Friday, Nov. 28. ; (Before their Honors the" Acting! Chief Justice, Mr Justice Kicb-i mqpd, and Mr Justice Wil-j lianas.) . , . . ' .. ; ; \ > \ SEW aBALAJCD LOAN AND MERCANTILE | AfiidNCY COMPANY V. SpMrRY. The x Acting Chief justioetdelivered judgment m thw jpase, allowing the appeal with coit*^ -The effect of the ' judgmeni is that the cojnpany should on behalf of eacKjpeigon C who has monef invested with them as principal, deducting the usual JESOO ; aud as regards the de-benture-holders of advances to the other bouipunifie mortgaged to Ac appellant the court held that the 'ap^llants now we^e troatttea fo^tke deben^ure-holdersi who* are each taxable and entitled to the £500 ex#m pta^;°::Gdatiß: in' the Supreme Court werd^allowed to $he appellant "the nndale «»le. r _ '■■ ment, making absolute the rtile to atrike Mr Bnnny oiAr>^«o^ o* boßcitors, l-eservin^leav^ to hiinto apply 'forre^ad'miifciou jifter the expiration of three yedrß, if iri the' me6tt time hlb -conduct Jh'as lieen,' Uneiceptionable, and he is proved to have made resri.tutiOn oriiie trust funds misappropriated by bitn. ■
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Bibliographic details
Manawatu Standard, Volume VIII, Issue 146, 1 December 1884, Page 3
Word Count
168Court of Appeal. Manawatu Standard, Volume VIII, Issue 146, 1 December 1884, Page 3
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