LAW QUERIES.

Otago Witness, Issue 3619, 24 July 1923, Page 39

LAW QUERIES.

(Aaawared by a solicitor of the Supreme Ooesß tt Hew Zealand. Letters and Telegrams mast be addressed to “LEX,” c/o Editor, Otago Wltnea% BsodUs.] “Inquiry” asks: (1) la a Farmers’ Co-opera-tive Association lawfully bound to pay f'i per cent, as interest on deposits which are being repaid in accordance with the terms of The Mortgages and Deposits Extension Act? (2) How many years must elapse before a debt is statute barred? (1) Yes. (2) Six years. “Constant Reader.” —In the case cited by you six days constitute a working week. “Anxious.” —The children are not industrial hoarded out children. Until, however, the boy is 14 years of age and the girl is 16 years o-f age, the Government exercises jurisdiction over the children. “Academic.” —(1) The second confirming meeting cannot be held on the same day as the first meeting. All that the regulation provides is that the two meetings may be convened by one and the same notice. (2) Section 91 of “The Companies Act, 1908,” has not been amended. “Insurance.”—You cannot obtain a refund of the proportion of premium on the £25. “Subscriber.” —If you have not instructed your solicitor to . obtain the services of counsel you are not liable for the payment of counsel’s fees. “Earnsleugh.”—The rules and regulations of your society will govern the procedure with reference to the winding up of the society. In any case, however, unfinancial members of the society would not be entitled to claim any part of the funds of the society. “Full Cradle.” —The nurse is entitled to be be paid for the 11 days. “Quaker.” —If the mortgagees have no security over the stock they can only sell the land and pay the principal and interest under the mortgage out of the proceeds of the sale.