TKADES UNION FUNDS.
QUESTION OF INVESTMENT^' {:
JUDGE gives A ruling.
Times and Sydney San Service*.
(Received October 17, 55. p.m.) London". October 16. .. Mr.. Justice Younger, in giving judgment on the question whether a. trades union can apply its funds in the direction cf subscribing for shares in a Labour news- ' paper, held that the transaction of the Boilermakers' Union was ultra vires- He ruled that the union was liable for the refund of the £1000 so invested, with interest at the rate of 4 per cent, from the date of payment.
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Bibliographic details
New Zealand Herald, Volume LII, Issue 16051, 18 October 1915, Page 6
Word Count
92TKADES UNION FUNDS. New Zealand Herald, Volume LII, Issue 16051, 18 October 1915, Page 6
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