Equitable relief denied in Cox v Stephens case
In May 27 law intelligence session Vice-Chancellor Sir R T Kindersley heard Cox v Stephens and others. The dispute centered on winding up the South Providence Mine Cornwall and restraining a creditor shareholder action. The court found no basis to sanction directors instigating a creditor suit but allowed dissolution and accounts for the company.
MENTIONED IN THIS ARTICLE
Equity Courts
R. T. Kindersley
COX V
Martin
Priestley V Hopwood Winding Up Royal Oak Society Case
The Court of Queen's Bench ruled on winding up of the Royal Oak Benefit Building Society at Manchester. Plaintiff Priestley had held seven shares and paid subscriptions. defendant Hopwood had covenanted to pay future calls but shares remained in Priestley's name. After a series of calls and resolutions to raise funds, Priestley refused to pay. authorities ordered payment, but the rule to rescind was made absolute.
Court of Queen's Bench Conspiracy Trial Upheld
In the Court of Queen's Bench Lord Chief Justice Cockburn and others uphold Crown judgment in Knowlden v Queen. Defendants linked to the Prudent Benefit Society faced two indictments for conspiracy to defraud members. Appeals over preliminary conditions and recognisances failed. the court ruled recognisances valid and the first indictment sufficient.
MENTIONED IN THIS ARTICLE
Court OF Queen's Bench
Banco
Cockburn
Crompton
Blackburn
Shee
Knowlden
Prudent Benefit Society
Central Criminal Court
Oxford
Drow
Clarke
Treasury
Alfred Coombs
Coombs
Assize Courts
Appeal Over Debentures In British Provident Life Society
Court of Chancery and Court of Bankruptcy report rulings on the British Provident Life and Fire Assurance debentures. Lords Justices dismiss appeal. debentures deemed unwarranted in the deed of settlement. May 28 adjourned examination of The Mitre General Life Assurance ends with sine die adjournment.
MENTIONED IN THIS ARTICLE
Court OF Chancery
Daniel
Henshaw
Glasse
Shebbeare
Karslake
Lords
Holroyd
Mitre General Life Assurance, Annuity
Court of Bankruptcy Rules Bond Loan Terms in Terry Case
Before Commissioner Goulburn the British Mutual Investment Company proved £1000 on a bond for Terry and two others. A £357 bonus was due, and on bankruptcy the total £1357 or remaining debt becomes immediately due. The court ordered a full proof for the amount.
MENTIONED IN THIS ARTICLE
Goulburn
Terry
British Mutual Investment, &c., Company
Robert Jenkin Terry
Ex parte Moses Register Shares in Metropolitan Bank
Horace Lloyd for Jacob Moses sought a rule to compel registration as a shareholder. Moses had bought ten shares from Stephens for £179 on 16 December 1863 and received certificates on 24 February, but the bank refused to register claiming a lien on the shares. The court granted the rule, noting Moses had other security for any claim the bank might have against Stephens.
MENTIONED IN THIS ARTICLE
Court OF Queen's Bench
Joune
Banco
Cockburn
Crompton
Blackburn
Shee
Moses
Metropolitan and Provincial Bank
Horace Lloyd
Jacob Moses
Stephens
Benefit Societies in Trouble Prompt Court Action
At Southwark Police Court on May 30, solicitor Mr. Ody sought a summons against the treasurer and trustees of the Helping Hand Benefit Society over unpaid sick fund benefits to John Huggins. The case raised questions on rules enforcement and charity safeguards for poor members. In Worship-street hearings, trustee John Monk faced claims for £18 10s and for failing to appoint arbitrators, with prior cases against society secretary John Lawrence noted but not proven.
MENTIONED IN THIS ARTICLE
Ody
Trinity-square
Borough
Southwark
Waterman's Arms
Barnham-street
Tooley-street
John Huggins
Tidd Pratt
John Monk
Leslie-street
Mile-end
Royal Victoria Sick and Assurance Association
Margaret Ford
John Ford
John Lawrence
Triangle
Hackney
Cooke
Lawrence
Monk
Bury Hutchinson
Also Mentioned on This Page
LAW Intelligence
Benefit Societies
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