DRUCE CASE.
THE SECOND COMPANY WOUND UP. Nt TEi.Earurn—mEsH ARsociATioN'—coFimairr. (Reo. Jan. 15, 10.55 p.m.) / London, January 15. At tho instance of a sharoholdor, with tho consent of all tho parties, Mr. Justice iNovillo has ordered the compulsory windingup of tho now Drucc-Fortland Company. The petitioner declared that tho promoters acted bona fide and honostly throughout, and were anxious that the subscribers should be reimbursed fully. Mr. F. Smith, for tho promotors,. said the latter never suspected that Goorgo Hollamby Druce did not represent tho eldor branch of tho family. Tho now Druce-Portland Company, capital ,£25,000, was formed to acquire an alleged right by ono Sheridan to 10 per cent, of tho prococds accruing to the claimant, George Ilollamby Druce. Subsequently a section of tho now Company applied for an injunction to prevent expenditure of tho funds, on tho ground that "G. 11. Druco's claim must fail, because Charles Edgar Druco, grandson of an eldor brother of the claimant's father, is still alivo in Australia."
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Dominion, Volume 1, Issue 96, 16 January 1908, Page 7
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165DRUCE CASE. Dominion, Volume 1, Issue 96, 16 January 1908, Page 7
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