WAIRAKEI SHARES
EVIDENCE CALLED BY CLEAVE.
; (BI TEI.EOBAPH PRKSS ASSOCIATION.) ' ' i AUCKLAND, 10th April. % In the Wairakei shares caso to-day, J;-G. Restell, secretary, •,.was crossexamined at length as to Cleaves con-' nectiou with the'company. , \ Mr. Myers, in opening for. the. defence, said that the company's case depended mainly on -Jegal considerations.' The claim in the first course of action w^s entirely inequitable, ,and the company could succeed, only on purely technical grounds. Work had been done, and morally .and equitably Cleave was entitled to payment. Tho second and third causes of action were merely alternatives to the first. With regard to-the claim for £1250, he said that if the company succeeded it, would' have enriched, itself to the extent of £1250 at the' expense of Cleave. If! there were, any cause for action it was the transferees who should bring claims. ■ ' . ' . Evidence was' given by J. R\ Reed, Judge of the Supreme' Court; who. before his elevation . to1 (the ;-BericlC : \vds one of the original directors of Wairakei, Ltd; , •;■:-.'.•.. .-, ;---:.. -
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https://paperspast.natlib.govt.nz/newspapers/EP19240411.2.122
Bibliographic details
Evening Post, Volume CVII, Issue 87, 11 April 1924, Page 10
Word Count
169WAIRAKEI SHARES Evening Post, Volume CVII, Issue 87, 11 April 1924, Page 10
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