Former treasurer Yun Ed Wong, a 1989 graduate with a doctorate in geophysics, was an employee of Chik's when Chik asked him to cosign a blank transfer note from club accounts.
2.
A situation such as this can arise when the owner deposits his share certificates with or without a blank transfer at a bank to secure a debt, thereby creating an equitable charge.
3.
Such a situation can arise where the owner of shares may deposit his shares certificates with or without a blank transfer with a bank to secure a debt thereby creating an equitable charge.
4.
Members voted not to pursue action against former treasurer Yun Ed Wong, holder of a 1989 Harvard PhD in geophysics, who signed blank transfer notes that Chik allegedly used to siphon club funds.
5.
A complex situation such as this can arise where the owner of some shares decides to deposit his share certificates with or without a blank transfer at a bank in order to secure a debt.
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