24 VLR 721IN RE THE GLENMONA GOLD MINING COMPANY NO LIABILITY Supreme Court of Victoria HODGES, J. 02 March 1899The Mines Act 1897 (No. 1514), s. 168, sub-ss. 2, 4 — Priority of miners' wages — Distribution of assets of no-liability company — Cessation of work of no-liability company — Wages first charge on property of company.
By sec. 168, sub-sec. (2) of Act No. 1514 it is provided—"In the distribution of the assets of any mining company under Part I. of the Companies Act 1890 or company under Part II. of the said Act which is being wound up or in the distribution of assets on the cessation of work of a no-liability company registered under Part II. of the said Act there shall be paid in priority to all other debts of whatsoever kind secured or unsecured all wages not exceeding 50 . . . . of any workman . . . . who either before or after the commencement of this Act has entered into any contract in respect of services rendered to the company during two months before the commencement of the winding up or the cessation of work. . . ."