ACTION FOR LIBEL.
NATAL PAPER SUED. CAPE TOWN, April 25. The’first stage of a newspaper “cause eelebre” was decided to-day in favour of the newspaper. .Some time ago “London Truth” published severe criticisms of the Schlesinger financial group’s system of financial control, which embraces fruit farms, theatres, insurance and other interests.
The article was based on a pamphlet published in Pretoria adversely criticising interlocking finance. - The “Natal Mercury.” in a. leading article, urged controllers of the group to make a refutation of the criticisms, whereupon £IOO,OOO damages were claimed.
The “Mercury” pleaded that the declaration disclosed no cause of action, and the Supreme Court found that the “Mercury” had not published any defamatory statements or intended to adopt the libel. The Schlesinger group was given leave to amend its declaration. In the last session of Parliament the Speaker disallowed references to the subject, as the case was pending. It is understood that an amendment to the company law next session will prohibit interlocking finance.
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https://paperspast.natlib.govt.nz/newspapers/AG19380519.2.61
Bibliographic details
Ashburton Guardian, Volume 58, Issue 185, 19 May 1938, Page 5
Word Count
164ACTION FOR LIBEL. Ashburton Guardian, Volume 58, Issue 185, 19 May 1938, Page 5
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