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TRANSFER OF SHARES.

IMPORTANT ACTION. [PBESS ASSOCIATION TELEGBAM.] DUNEDIN, January 23. In the Supreme Court the case Riley v Hon. G. Fisher, claim £200, damages for breach of contract in connection with the sale of shares in the New Zealand Shipping Company, was concluded to-day, so far as evidence and argument was concerned. For the defence, amongst the points raised, Mr Bell contended that novation and substitution had been proved by plaintiff's evidence, so that if anyone was entitled to succeed it was not Ridley, but persons to whom the shares were to be transferred, and who were not before the Court; and as to the question of damage, that as plaintiff had agreed to immediately transfer the shares to others he himself could have suffered no damage. Mr Solomon contended there was nothing in the points raised, but if there was, he asked that the Court allow the plaintiff to amend the pleas by adding Maaders and Nicoll, so that all parties could be before the Court. His Honor reserved judgment.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18890124.2.50

Bibliographic details

Press, Volume XLVI, Issue 7263, 24 January 1889, Page 5

Word Count
172

TRANSFER OF SHARES. Press, Volume XLVI, Issue 7263, 24 January 1889, Page 5

TRANSFER OF SHARES. Press, Volume XLVI, Issue 7263, 24 January 1889, Page 5

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