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STARTED BY FRAUD

SUCCESSFUL COMPANY COMMENT BY A JUDGE Mr. Justice Lukin said in the Federal Bankruptcy Onnrt in Sidney recently that it wits -not an untieardof occurrence for a company floated on misrepresentation io be favoured by fortuitous good forbune which enabled ib to make a success of its venture. "I know a company which was undoubtedly started by, fraud and misrepresentation, and which, to a certain extent, has btien successful," His <. Honor said. "It wins because the promoters deceived the. public so completely, and because they were favoured by good fortune, that the company was able bo get over its difficulties." Smiling, Mr. Justice Lukin added: "I would not like to mention the name of the company to-day."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19340308.2.31

Bibliographic details

New Zealand Herald, Volume LXXI, Issue 21744, 8 March 1934, Page 6

Word Count
120

STARTED BY FRAUD New Zealand Herald, Volume LXXI, Issue 21744, 8 March 1934, Page 6

STARTED BY FRAUD New Zealand Herald, Volume LXXI, Issue 21744, 8 March 1934, Page 6

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