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USEFUL ASSET.

WINDFALL FOR B.A.W.R.A. MELBOURNE, March 14. In the High Court the Chief Justice delivered reserved judgment in the claim laid by fellmongers against the Commonwealth Government. He found that there was no contract between the parties, and there had been no compulsory acquisition of skins and wool by the Commonwealth. The Court granted the plaintiff firms six months in which to amend their particulars of claim. The question of costs was reserved, but in the event of no further application costs are to go to the Commonwealth Government. Mr Justice Higgins announced, as a result of the High Court's decision in the wool and skins suit, that the sum of £35,000, which was set aside in the event of the skin suppliers getting a verdict, will now probably revert to the British and Australian Wool Realisation Association and become an actual instead of a contingent asset. The sum was not included in the assets on the formation of the B.A.W.R.A. —A. and N.Z.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19220315.2.41

Bibliographic details

Northern Advocate, 15 March 1922, Page 5

Word Count
165

USEFUL ASSET. Northern Advocate, 15 March 1922, Page 5

USEFUL ASSET. Northern Advocate, 15 March 1922, Page 5

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