THE APPEAL COURT.

Evening Star, Issue 6762, 29 November 1884, Page 2

THE APPEAL COURT.

In regard to the questions submitted for the decision of the Court in the case of Spcrrey v. New Zealand Loan Company, the Court held that the defendant Company ought (1) to render statements in respect to guaranteed investors and debenture-holders as trustee or agent for euch investors and debenture-holders; (2) that the defendant Company was entitled to claim an allowance of LSOO in respect of the property of each investor and debenture-holder. The Court ordered plaintiff to piy the defendant Company for its costs in the Court below the sum of L 55, together with the costs of this appeal on the middle scale. In the Appeal Court yesterday, in the Otago Land Board v. Higgins, judgment was read dismissing the appeal, with costs on the middle scale. The effect of the judgment is to declare that neither the Land Boards Inquiries Act, 1883, nor tho Land Act Amendment Act, ISB4, have retrospective operations, but that tney impose fresh conditions in licenses of selectors which they did not contain by virtue of the Land Act, 1877. The Court afterwards adjourned.