Aus:
The Economist, 21. November 1868. S. 1329.
Schließen

Bank Directors and the Promotion of Public Companies.

Decision of Master of Rolls on 19 Nov. ’68 in the winding up of the Lundite Granite Co.

The Lundite Granite Co. was established 2 or 3 years ago to work the granite of a certain small island in the Bristol Channel. Having got into difficulties, there are now 2 petitions for winding it up – the first, presented by the National Bank of Ireland, which claims 13,000£; and the second presented by ordinary shareholders, who contest altogether the claim of the National Bank of Ireland and make grave charges against that Bank with relation to the Co. The substance of them is that four at least of the Directors of the Bank „had carried on a species of trade in launching and winding up  Zusatz von Marx.
Schließen (Worte des Richters) joint stock companies for their own benefit; that the Debt claimed by the National Bank was illusory, and such as the shareholders of the Lundy Granite Co. were not legally liable to pay.“. Master of Rolls declares to be there subject of inquiry on the face of it; that „the conduct of the directors of the National Bank could not be conveniently or properly disposed of under a winding-up order obtained by themselves and carried on by themselves. He was satisfied of this – that the Lundy Granite Co. was under the control of the National Bank.“