APPEAL COURT.
A SHARE TRANSACTION. By Telegraph.—Press Association. Wellington, Yesterday. The full court delivered judgment in the case Gualter Dykes and Co. v. Begg. The defence took up the ground that appellants, who are sharebrokers, nad not sent duly stamped contraci. notes. The Court held this illegal and the defence good, and appellants coula not Tecover even where they had resold shares at a client's request and the latter had obtained all the benefit he cou'.d under the contract. Costs to the amount of £2O were allowed. EDUCATION BOARD'S CASE. Wellington. Yesterday, The appeal case, Education Board of Auckland v. the Public Trustee, affecting a claim to a block of land in Auckland, said to be worth a quarter of a million, the Appeal Court, Mr. Justice Edwards dissenting, gave judgment that the board had no claim, but that the Public Trustee held the lands upon trusts defined by law for educational purposes in the province of Auckland. The Court considered the trusts could not be properly carried out without assistance either from the Legislature or under a scheme, approved by the Court. Costs on the highest scale were allowed both to the Board and the Public Trustee, to be paid out of the trust funds. I
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Bibliographic details
Taranaki Daily News, Volume LIII, Issue 172, 29 October 1910, Page 8
Word Count
207APPEAL COURT. Taranaki Daily News, Volume LIII, Issue 172, 29 October 1910, Page 8
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