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The Banking Dispute

°, I PER UNITED PEESS ASSOCIATION.] If Dunedin, June 20. The cases of the Bank of New Zei i land v. Wilson, Tame and Co., an r the cross action, were concluded tc \ day. The bank claimed £2507 15 i lid du6 on an overdraft and on billi j In the cross-action, Wilson, Tame 3 and Co. claimed £10,000 damages fo f injury to their credit through th l bank having dishonoured thei ' cheques for wool bought while thei ' wool account was in funds. The tw< » actions were, for the sake of convenience, ' ence, heard at once. Mr Haggitt 1 with Mr F. R. Chapman, appearec ' for the bank ; Sir R. Stout, with Mi [ J. McGregor, for Wilson, Tame anc , Co. The counsel addressed the jury, i and Mr Justice Williams summed up and the jury, after an absence oi three hours, returned a verdict giving Wilson Tame and Co. damages, foi £5000, the bank getting a verdict in the other case. The bank will gel altogether for the overdrafts, overdue bills, etc., roughly about £3500, and Wilson. Tame and Co. therefore receive £1500.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18890622.2.18

Bibliographic details

Feilding Star, Volume XI, Issue 3, 22 June 1889, Page 3

Word Count
186

The Banking Dispute Feilding Star, Volume XI, Issue 3, 22 June 1889, Page 3

The Banking Dispute Feilding Star, Volume XI, Issue 3, 22 June 1889, Page 3

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