THE MASSEY FRAUDS.
Paying tlx© I?ipei’. • V-. 0.-i ! v • . -' *-■ 1 A recent Dunedin telegram says :—The City Council tp-night discussed the. Massey frauds ih’Committee, and the result was,that it was agreed to pay the parties in Melbourne the amount of the duplicate bonds, which they purchased, The opinion of counsel consulted wdS,* that'the Council was not legally liable, but this action was resolved upon so that the value of the other debentures might not be affected. In order to protect Councillors from possible legal' action by .ratepayers for having paid away such ■ money illegally, Parliament will be akked to pass a special Act pf authorisation. , ,
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Bibliographic details
Patea Mail, Volume VIII, Issue 1044, 8 June 1883, Page 3
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105THE MASSEY FRAUDS. Patea Mail, Volume VIII, Issue 1044, 8 June 1883, Page 3
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