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Hilder v Dexter

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Citation[1902] AC 474
Hilder v Dexter
CourtHouse of Lords
Citation[1902] AC 474
Keywords
Share, issue at a discount

Hilder v Dexter [1902] AC 474 is a UK company law case concerning shares.

To raise working capital, United Gold Coast Mining Properties Ltd offered shares at par value to Mr Hilder and others with an option to take further shares at par for two years. After the share price rose, Mr Hilder wished to exercise his option.

Judgment

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