BANK SHARES IN TRUST.
AUCKLAND, September 22. At the Supreme Court, in the case of the Officiul Assignee (acting for the Bank of New Zealand) v. O'Neill Bros., a claim of £1,978, calls for interest due to the Bank, Mr Justice Conolly held that the Assignee could not touch bank shares held in trust for others by a bankrupt, and judgment was giiren for defendants with costs. Iu the course of his judgment Mr Justice Conolly said that the Assignee could not claim more than O'Neill's estate realised. He was entitled to the shares which the two O'Neills held for themselves, but the other shares, held by them in trust, and for which the action was brought, could not be claimed by the Assignee, nor calls on them. " c
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD18970922.2.31
Bibliographic details
BANK SHARES IN TRUST., Evening Star, Issue 10426, 22 September 1897
Word Count
129BANK SHARES IN TRUST. Evening Star, Issue 10426, 22 September 1897
Using This Item
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.