An Important Case.
(l^riTßD ;PBB9S A««>OliTION. ) ' :'r f T !^y ; ■ - ; ' ' : - . -.Dunbdij^ Jan. 5. An inter6sfing ; pouit was jraised on*; case -in the Supreme Court.; A mo^ey. lender having; advanced £&0\ on a bill of sale. over two horses, a dray.l &c., sec\jr-; Ved. the interest by giving .interest Jgr/ '•" jnving only 416, and out of anotaei; was charged fb.r : ,ttie expenses of; preparing the bill. 1 Soine\ \J& 10s of the; principal was repaid; lautno more, an* the lender then tried to seize' the horses j dray.'&c, but cpuldonly.find'a wortm#B| thing ifliat he cpuld not realize on. He! ; prosecuted for larceny as. bailee. The| ' joint was' raised that under the Chatte^ ■Securities Act a bill' 'of sale must-set^ ! 'forth a clear, full statement of the mongyi 'paid for consideration; :or it shall haVe.^ • no legal force or i effect.. Ap fin this case; v.. the, lender admitted only ,^l6 was giyen;; imd the bill,. didnot.show: this, the.ac'-| bused was discharged. { j |; ; : ';?
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https://paperspast.natlib.govt.nz/newspapers/MS18850107.2.19
Bibliographic details
Manawatu Standard, Volume IX, Issue 31, 7 January 1885, Page 3
Word Count
161An Important Case. Manawatu Standard, Volume IX, Issue 31, 7 January 1885, Page 3
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