MINING NEWS. DEEP LEVEL CROSS. IMPORTANT JUDGMENT. Auckland, August 21.
AX important) judgment in connection with an application re the Deep Level Cross Goldmining Company, Limited, was given by His Honor Chief Justice Prendergast at the Supreme Court this morning. The judgment was a petition by the Bank of New Zealand (a creditor) that the Company should be wound up, on the ground that resolutions passed by the shareholders in the same direction were invalid. The circumsbances of the caee have been previously reported. His Honor gave judgment at considerable length, and concluded bis remarks as follows : Had I more doubt on this question than I have, 1 should still, in the interests of the Company and its creditors, have granted the order in the present petition, for it would be very inexpedient that in realising the assets there should be any doubt as to the validity of the proceedings. Costs must be taxed and paid out of the assets.
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https://paperspast.natlib.govt.nz/newspapers/TAN18890821.2.19
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Te Aroha News, Volume VIII, Issue 395, 21 August 1889, Page 4
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160MINING NEWS. DEEP LEVEL CROSS. IMPORTANT JUDGMENT. Auckland, August 21. Te Aroha News, Volume VIII, Issue 395, 21 August 1889, Page 4
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