DANGER IN BUYING SECOND-HAND ARTICLES
AUCKLAND, Lasv Night. The abuses to which the hire-pur-chase system was open were the subject of reference to-day by the Official Assignee, Mr. G. N, Morris, who said at a meeting of creditors that there was something that he was not satisfied with in the law as it stood at present. It was possible for people to buy articles under 'a hire-purchase agreement and to self them without making, it clear that there was still a debt on them.
He referred especially to furniture and motor cars saying' that a recent case had come under his notice where a debt of £IOO was owing on a car without the buyer’? knowledge, the car having been sold as one free of debt.
“It means that it is getting risky to purchase second-hand articles of any kind.” said Mr. Morris. 'Test they should be encumbered with debt. Mr. Morris explained that the hirepurchase system was valid and effective for all purposes with registration.
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Horowhenua Chronicle, 24 September 1927, Page 8
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166DANGER IN BUYING SECOND-HAND ARTICLES Horowhenua Chronicle, 24 September 1927, Page 8
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