WRIGHT-MORGAN CASE

Sun (Auckland), Volume II, Issue 341, 30 April 1928, Page 14

WRIGHT-MORGAN CASE

JUDGMENT DELIVERED <SKEWHON STATION TO BE SOLD (Special to THE SUN) CHRISTCHURCH, Sunday. Judgment was given yesterday by Mr. Justice Adams in another section of the Wright-Morgan case. The Bank of New Zealand was the plaintiff and defendants were Douglas George Wright, farmer, of Ashburton, William Nosworthv, Minister of the Crown, and Harriet Myra Wright, widow, of Sumner, trustees in the estate of the late Edward George Wright and Lilian Kate Nosworthy, of Wellington. The claim was set out by the Bank of New Zealand as follows: A declaration as to who is entitled to the surplus now in its hands; a declaration as to who is entitled to the unrealised securities still held by the bank; directions as to the bank’s duties respecting the Erewhon leasehold and stock thereon; a declaration that the b&nk i§ entitled to its costs of the proceedings, as between solicitor and client, out of the surplus fund of the unrealised securities on the leasehold and stock of Erewhon, or the sale thereof. The judgment of the court was that Erewhon Station and stock be sold by public auction at the earliest possible date after May 30, 1928, the bank to conduct the sale, provided, however, that, if before noon on May 28 Douglas George Wright has completed his purchase of the Erewhon Station and stock, as made at the mortgagee’s sale on April 22, 1927, thp sale shall b© cancelled. In the of Douglas George Wright completing the purchase, he would be entitled to all receipts from the property as from April 22, 1927, and shall pay to the Bank of New Zealand in addition to the purchase money, £7,470.