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The case of the New Zealand Loan and Mercantile Agency Company v. John Firth was called at the Auckland Supremo Court yesterday morning, when Mr Justice Gillies fix?d Wednesday, 26th inst., for the argument of certain law points involved. The case is arousing considerable attention, particularly as ia a counter-claim by defendant (J. Firth J *«»"»' the c° m P an y fo . r L50.0C0. In their action the company seek to obtain judgment for LS.U? 2 « M on one claim, and L 4.058 10s 9d on anot..**-. n7«t is with respect to a certain bill of ** le given' by Firth, and the second claim with respect to certain promissory notes and bills of exchang''?/ Both claims are based upon a deed entered Jot" between the parties, and also the Bank of New Zealand, in September, 1888, by which the Loan and Mercantile Agency Company couM seize the stock and book debts of Mr Firth for certain moneys advanced by them. The defence against this claim is that the stock and book debts seized by the company are more than sufficient to satisfy all the direct elaims of the company. Mr Firth has entered a counterclaim against the Loan aud Mercantile Agency Company for L 50.000, damages, for alleged breach of agreement.

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Bibliographic details

AN INTERESTING CASE., Issue 7925, 5 June 1889

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AN INTERESTING CASE. Issue 7925, 5 June 1889

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