Broadlands Finance Ltd v Gisborne Aero Club Inc (in liquidation) Broadlands Finance (Waikato) Ltd v Gisborne Aero Club Inc (in liquidation) and Another - [1975] 2 NZLR 496

Clubs and associations — Liability of club — Contract — First respondent an incorporated society affixing common seal to instrument by way of security not in accordance with its rules — Rules lodged with registrar open to public inspection — Incorporated Societies Act 1908, ss 15(1), 34.

Deeds and other instruments — Execution by incorporated society of contract under seal not in accordance with its rules — Other party put on inquiry as rules open for inspection — Constructive notice of invalidity — Property Law Act 1952, s 5.