LOTTERY COMPANY
PETITION FOR WINDING UP
(Per Press Association, Copyright).
AUCKLAND, M&y 29.
The petition for tho winding up of International Concessions, Limited, by the Court, or under the supervision the Court, was further contested today before Mr Justice lair in the Supreme Court. The petitioners were G. A. Hart, A. A. Church, S. W. R. Powell, and Mrs 0. M. Zucker, all of. Wellington, who, in their petition, outlined the activities of the company and asked for ,an 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 of 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 Australian company. After hearing, lengthy, legal argument, the Judge reserved his decision.
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Bibliographic details
Hokitika Guardian, 30 May 1935, Page 5
Word Count
157LOTTERY COMPANY Hokitika Guardian, 30 May 1935, Page 5
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