Reports of Cases Argued & Determined in the Supreme Court of Queensland Volume 2

Reports of Cases Argued & Determined in the Supreme Court of Queensland Volume 2

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1900 edition. Excerpt: Hugh Muir, as special agent for the shareholders and contributories of the bank, and duly constituted attorney of Henry Brockett and C. F. Kemp, liquidators in England of the bank, and representatives of the English shareholders; and that the official liquidator be ordered to pass his accounts within a reasonable time, and that any of the parties may be at liberty to apply to the Court with respect to the said accounts, and to the past conduct of the-official liquidator. The matter was argued on the 25th April and now came on for judgment. B1-ams-ton, A.G., Blake, Q.C., and Baird, in support of the motion. i Lille/, Q.C., Hardivzg, and Grijith, for the Ofliicial Liquidator. LUTWCYHE, J. The bank of Queensland has a nominal capital-of 1,000,000, in 10,000 shares of 100 each. This application is supported by the written assent of 208 shareholders, holding 6,460 shares; while 56 shareholders, representing 1,888 shares, are nonassenting--not opposing, because no formal opposition has been offered. The Olficial Liquidator appeared not to oppose, but, in accordance with what he very properly conceived to be his duty, to show the Court the real facts of the case, and prevent its being misled. At the meeting of shareholders, held in London, on December 14th, 1868, certain resolutions were passed. The wishes of H the 208 shareholders could be gathered from the fact that a report of those proceedings being sent to them, they assented thereto, and signed a. document under which the present application was duly made, so far as they were concerned. But the real question is, whether sufiicient notice of the intention to make this application has been given to the 56 non-assenting shareholders. If I could be satisfied that these...
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Product details

  • Paperback | 84 pages
  • 189 x 246 x 4mm | 168g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236634799
  • 9781236634795