COURT OF APPEAL.
) PRESS ASSOCIATION j Weliogioo, last night. The Appeal Court resuming hearing of i argument iu tbo oase of Kennear veraus | the Loan and Mercantile Agency Company. Dr. Findlay, for the appellant, after relating the circumstances of tbe case, proceeded to slate that the propositions of law be intended to show wore applicable to the facts (1) tha! there was a promise by the company to pay appellant out of the property belonging toßiobards, (2) that tbo oompany promised to pay Richards’ debt out of tbe proceeds of tbe sheep when Bold, (3) that this was not a collateral cactraot made iu consideration of appellant delivering the sheep to Draper, the company’s ogant, (4) that thi- ■ was an indemnity, not a guarantee, ihe I , company haring an imprest m ihe subject matter of the ooroiract, the interest being ■he earning of commission as auctioneers ou the eaio of sheep, and also securing a debt of JSI9O owed to Richards to the company.
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Bibliographic details
Gisborne Times, 18 October 1906, Page 2
Word Count
164COURT OF APPEAL. Gisborne Times, 18 October 1906, Page 2
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