WHEN MORATORIUM ENDS
Wellington, Yesterday. Sir Francis Bell. Attorney-Gene-ral, on being interviewed to-day, utterly scouted predictions made iti various Press Association messages that there were “going to be sensational happenings when the moratorium expires shortly,” and that “Courts are going to be full of swindlers, escaping their liabilities behind the Statute of Limitations, which extinguishes a debt after six years.” “I don’t knoAf what it means,” declared Sir Francis Bell, on being shown the message, referred to, “a debt is not passed by the Statute of Limitations if interest has been paid on if. If anybody has allowed a debt to remain six years without payment of interest, be is very likely to have, the Statute of Limitations pleaded against him, hut as a matter of fact the moratorium only affects mortgages. Most mortgages are by deed and the Statute of Limitations docs not apply to deeds (ill after 20 years. Tt is all stuff and nonsense.”
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https://paperspast.natlib.govt.nz/newspapers/MH19240131.2.20
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Manawatu Herald, Volume XLVI, Issue 2689, 31 January 1924, Page 3
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157WHEN MORATORIUM ENDS Manawatu Herald, Volume XLVI, Issue 2689, 31 January 1924, Page 3
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