CO-OP. COMPANIES.
MEMBERS’ OBLIGATIONS TO SUPPLY. CANNOT BL’ ENFORCED BEYOND LIMITS. (Received Mav 17, 9.10 p.m.) SYDNEY, May 17. The Com in on wea Ith High Court today delivered a decision : fleeting cooperative companies in an important wav as regards restraint of trade. Tin l Court has upset a Lower Court's decision. Tiie High Court holds that, where members to supply all their produce io the company for a long period, the rule is invalid, and is in restraint of trade, unless a member can cease to become a member whenever he pleases. In this case, the defendant’s share was not fully paid up, however, so he could not get out when he pleased. 'Th'* decision is the first of its kind given in Australia by the High Court.
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Grey River Argus, 18 May 1922, Page 7
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129CO-OP. COMPANIES. Grey River Argus, 18 May 1922, Page 7
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