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BUSINESS CREDIT

TRANSACTION IN" PETROL (By Telegraph.) (Special to "The Evening Post.") CHRISTCHUBCH, This Day. The case with which business people givo credit was commented on in tho Supreme ourt to-day when John Bullars M'Kenzie came up for sentence for obtaining credit by fraud. Counsel described it as "extreme simplicity," stating .that temptation was put in his way by lax trading, especially in petrol. He obtained petrol cheap and sold it to E. P. Wright at the price that should havo given the man who bought it au indication. M.'Konzio bought 3000 cases, and sold it at Ss to 10s a case. He traded in the same way with galvanised iron and sugar. Wright evidently had given very little consideration to the transaction. M'Kenzic was sentenced to three years' reformative treatment.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19281016.2.86

Bibliographic details

Evening Post, Volume CVI, Issue 82, 16 October 1928, Page 11

Word Count
131

BUSINESS CREDIT Evening Post, Volume CVI, Issue 82, 16 October 1928, Page 11

BUSINESS CREDIT Evening Post, Volume CVI, Issue 82, 16 October 1928, Page 11