SALE OF CROUPIER

New Zealand Herald, Volume LXX, Issue 21493, 17 May 1933, Page 14

SALE OF CROUPIER

DISPOSAL OF PROCEEDS APPLICATION TO COURT Legal questions arising out of the recent sale of the racehorse Croupier were argued before Mr. Justice Herdman in N chambers yesterday. As a result of previous proceedings to determine ownership of the horse, His Honor made an order appointing the registrar of the Court receiver of the horse pending its sale. Tho horse was sold last February for £725, and yesterday Mr. Rudd appeared on behalf of the registrar to ask for directions as to the disposal of the money. Mr. Northcroft appeared for J. J. Corry, of Blenheim, Mr. Inder for John and James Paterson, of Auckland, and Mr. Finlay held a watching brief for G. Holland, trainer. Mr. Rudd said the actual amount in the Court at. the time was £590. The trainer Holland claimed £241 Is 6d for agistment and expenses. He had been paid £l2O, the remainder being outstanding. Holland claimed a lien on the moneys in Court. There was a question whether the Corrv-Paterson partnership should pay Holland, or whether the Patersons should pay him. Mr. Northcroft said Corry maintained he was not liable for expenses between the time when Holland first got the horse and the time a receiver was appointed. He said the horse was not handed over to Holland in the interests of tho partnership, but in tho interests of the Patersons. Holland and the Patersons conspired together to defeat the interests of the partnership. Mr. Inder: What is the proof of that?

Mr. Northcroft: Thero is no proof of that, but there is another tribunal before which it' should be investigated. He said the registrar should be directed to inform Holland that ho must sue.

Mr. Inder said this was just'a further step to hinder the Patersons from getting their money. They Were entitled to a half share of the selling' price of £725, and tho whole of the money in tho registrar's hands, apart from Holland's share, belonged to his clients. His Honor had all the facts to deal with the matter at the present time. Mi*. Finlay intimated that thero would be no difficulty about the quantum of payment due to Holland. His Honor said the whole question was whether Corry was reqiTfred to pay any part of the amount due to Holland. He would take time to consider the matter.