ALLEGED FAILURE TO REPAY LOAN

Hawke's Bay Tribune, Volume XXIII, Issue 210, 18 August 1933, Page 5

ALLEGED FAILURE TO REPAY LOAN

SUIT AGAINST SOLICITOR. JUDGMENT FOR PLAINTIFF. (By Telegraph—Press Association.) WELLINGTON, Aug. IS. The failure by Bertram Edgley, solicitor, of Wellington, to repay a loan of £5OO and interest led to proceedings in the Supreme Court to-day, Mrs. Laura Taylor, of Lower Hutt, bringing a suit against him. James Thomas Watson, secretary, named as Edgley’s guarantor, was joined as defendant. The claim set out that the plaintiff on May 7, 1930, lent Edgley £5OO, interest to be at 10 per cent. With the exception of £lO on account of interest paid on December 21, 1931, Edgley had failed to make any payments. Demands had been made on Watson but he had repudiated the deed and denied liability. In his statement of defence Watson denied that he made any agreement whereby he guaranteed to plaintiff the repayment of the principal sum and interest claimed by her. He said, further, that if his name appeared in the deed or agreement his execution thereof was obtained fraudulently and on the representation that he was witnessing or attesting some document, and that it was not disclosed to him that he was entering into a guarantee or was rendering himself liable to plaintiff or any other person. When the case was called Mr. Barrett said that Edgley had not filed a statement of defence. Although a statement of defence had been filed by the other defendant his solicitors had intimated that, on further consideration, they did not propose proceeding with it. Mr. Justice Reed entered judgment for the plaintiff for £594 10/-, with costs according to scale, and disbursements.