The enquiry which the Lord Mayor assured the Chief Justice should take place a director of the an end. Lo took the for: of an investigation for the benetic- th al Receiver, who has now er shether any farther proceedings shall be taken in the matter. Mr. Justi Wright, who conducted the investi had therefore not to deliver any ju but in his final judgment he did not bear very hardly on the Lord Mayor, and it is probable therefore that nothing further rd of the matter. It is ashame-that the law should) permit a vendor" to dispose of 2 business for three nes the amount which he has just paid for it without 1g the cirountstances 5 hut it does allow it, and when Acticles of Association are drawn all in favour of the Dir-ators it seems that they can obtain profits out of the transaction without disclosing them, It is a very unpleasant matter for a man who has we been as Chief Magistrate of the ye been no party to any direct concealnent, and that he has done no more than what the majority of company. pro-urs regard as perfectly fair in business.
reaver, the people who were foolish enough to put money into the company have been reimbursed, Sir William Allen, ALP., who has always been regarded og of rough sterling honesty, has, horn found by a jury in a civil ty of reckless misrepresentation by suppressing important and material fact 8 iw vexerd 0 4 transaction relating to the underwriting of shares and debentures.
Text read from the printed page and cleaned; old type leaves the occasional error.