THE COLONIAL BANK.
Ddnkdik, February 28. Mb. Justice Williams, in delivering judgment) in the Colonial Bunk liquidation, said there was sufficient evidence before the Courb to show that there siiouli be an investigation of tlio books, and that the investigation should be undertaken by permanent. liquidators. None of the directors of the Bank should be liquidators, therefore Mr. Larnach should nob be appointed. He preferred Mr. Vigors to Mr. Braund, and saw no reason why Mr. Ramsay should not be appointed. Mr. Simpson, who stood fourth in tlio voting by shareholders, would be appointed third liquidator. The question of costs was reserved.
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Bibliographic details
New Zealand Herald, Volume XXXIII, Issue 10084, 20 March 1896, Page 4 (Supplement)
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102THE COLONIAL BANK. New Zealand Herald, Volume XXXIII, Issue 10084, 20 March 1896, Page 4 (Supplement)
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