"SENSATIONAL HAPPENINGS" ,
WHEN THE MORATORIUM EXPIRES.
<IX TIUOIUPH.—FRISI 4IIOCUTIOIP ASHBURTON, This Day. "There's going to be sensational hap-' penmgs wheii the moratorium expires shortly," said a prominent commerciai lawyer. "Many people are under the impression that the moratorium, which prevented them collecting debts except by special sanction of the Courts, safeguard their claims against the Statute of Limitations till the moratorium is lifted. That has never yet been established by the Courts, but the time will come at the expiration of the moratorium ■when.the people, whose claims have not been kept alive by payments on account, are destined to be pitiably, disillusioned.." Th< Courts are going to be full of swindlers, escaping their liabilities behind the Statute of 'Limitations, which extinguishes a debt after six years. This will be particularly destructive to small investors unfamiliar with the. trickeries 6' the law and without special retrospective, legislation the Courts will be power less, to help them."
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Bibliographic details
Evening Post, Volume CVII, Issue 24, 29 January 1924, Page 3
Word Count
155"SENSATIONAL HAPPENINGS" , Evening Post, Volume CVII, Issue 24, 29 January 1924, Page 3
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