DECISION RESERVED
INTERNATIONAL CONCESSIONS PETITION
(By Telegraph—Press Association.)
AUCKLAND, May 29. The petition for the winding up of International Concessions, Limited, by the court or under supervision of the court was further contested before Mr. Justice Fair in the Supreme Court today. The petitioners were G. A. Hart, A. A. Church, S. W. R. Powell, and Mrs. O. M. Zucker, all of Wellington, who in their petition outlined the activities of the company and asked for the investigation of certain transactions.
The petition showed that International Concessions had been interested in four subsidiary companies and that its agent had purchased a controlling interest in a lottery organisation in the free city of Danzig. Owing to the report last October of the commission of inquiry into company promotion methods, International Concessions had entered into a contract to sell its Danzig concession to an Australfan company.
After Hearing lengthy legal argument, the Judge reserved his decision.
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Bibliographic details
Evening Post, Volume CXIX, Issue 126, 30 May 1935, Page 7
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154DECISION RESERVED Evening Post, Volume CXIX, Issue 126, 30 May 1935, Page 7
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