GOLD MINING

Grey River Argus, 1 December 1938, Page 12

GOLD MINING

QUOTATIONS. Gold mining quotations are as follows:—Argo Gold —, 2s; Blackball Creek — Is 3d; Grey River 14s, 14s 6d; Maori Gully 7d, 8d; Worksop —, Is; Mount Lyell £1 8s 3d, £1 8s 6d; Mount Morgan 9s sd, 9s 7d.

MOONLIGHT GOLDFIELDS CO., LTD.

EX-PARTNERS’ LITIGATION.

CHRISTCHURCH, November 29.

Former partners in business, Lauritz Neilsen Dyhrberg and James Oliver Spiers Wallace, were opposing parties in‘ a dispute heard in the Supreme Court to-day over a parcel of gold-mining shares. Dyhrberg, who was represented by Mr H. D. Acland, asked for the transfer to the receiver for the dissolved partnership, shares of £2260 and profits therefrom in the Moonlight GoldFields Company Ltd. The shares were alleged to have been received by Wallace on behalf of the partnership. The plaintiff also claimed compensation affecting leasehold property formerly occupied by the partnership, and repayment of £25, which he stated he had advanced on a mortgage to a client. Mr Justice Northcroft, after hearing the evidence brought by the plaintiff, dismissed all three claims. He said that in the dispute over the shares the plaintiff asked the Court to enforce a legal contract, but it had not been, shown that there was any contract the Court could enforce. The plaintiff must therefore fail. The compensation over which a claim was made was not necessarily payable to the partnership at all. The amount of the mortgage of £25, which was the third item in dispute, was in fact, credited to the plaintiff in the books of the partnership.