DISPUTE OVER SHARES

Ashburton Guardian, Volume 59, Issue 43, 30 November 1938, Page 2

DISPUTE OVER SHARES

FORMER PARTNERS AT LAW.

(Special to the “ Guardian.”) CHRISTCHURCH, This Day

Former partners in business, Lauritz Neilson. Dyhrberg and James Oliver Spoil’s Wallace, were. opposing parties in a dispute heard in the Supremo Court yesterday oyer a parcel of goldmining shares.

Dyhrberg, who was represented by’ Mr H. D. Acland, asked for the transfer to the receiver for the dissolved partnership, shares of £2260 and profits therefrom in the Moonlight Gold Fields Company’, Ltd. The shares were alleged to have been received by Wallace on behalf of the partnership. The plaintiff also claimed) compensation affecting leasehold property formerly 7 occupied by the partnership, and repayment of £25, which he stated he had advanced on a mortgage to a client.

His Honor, Mr Justice Northeroft, after hearing the evidence brought by the plaintiff, dismissed all three claims. He said that in the dispute over the shares the plaintiff asked the Court, to enforce a legal contract, but it had not been shown that there was any contract the Court could enforce. The plaintiff must therefore fail. The compensation over which rt claim was made was not necessarily payable to the partnership at all. The amount of the mortgage of £25, which was the third item in dispute, was in fact, credited to the plaintiff in the books of the partnership. Mr H. W. Hunter represented the defendant.