High Court Wellington
7, 8 July 1946 7 July 1947
Cornish J
7, 8 July 1946 7 July 1947
Cornish J
Company Law — Articles of Association — Directors — Private Company — Assignment of Office by Director — Article empowering Non-member of Company, Managing Director for Life, to Appoint by Will Managing Director in his Place after his Death — In default of such Appointment, Article empowering his Executors or Trustees for Time being to Exercise the Powers of Appointment vested in him — Appointment by such Trustees valid and not an "assignment of office" — No Power in Trustees on Appointee's Death to make Second Appointment — Companies Act, 1933, s 157.
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