LOANS WITHOUT SECURITY
TRANSACTIONS AMONGST WOMEN 10 -„V : JUDGE'S COMMENTS (By-Telegraph—Special to "The Mail") .-";! ; /AUCKLAND, This Day. "Coming as Iydd from Otago, the lending of money like this without security is 'strange)"' said Mr Justice Herdman ' ■ during a" hearing in -the Supreme Court yesterday of a petition to make bankrupt, a -■-woman who had had large sums .of money lent to her which it is now alleged she.cannot repay. The evidence showed ; that three women were involved in a ; series of loan transactions which' 1 his'Honour described lias "most extraordinary." He ultimately rejected the view that the wbmari who lent the money (in this case £625 was outstanding) had been carrying On the business of money lender and adjudicated the other woman, bankrupt. • The third party was a friend who had received money from the petitioner to hand to the debtor (a clerk in w registered, money lender's office but who had now. .lost her position). Two. of the, parties each had two names apiece for banking purposes on which the Judge caused laughter by asking 'why the debtor had not also a couple of names. She apparently borrowed £2OOO altogether (some from men) without security.
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https://paperspast.natlib.govt.nz/newspapers/NEM19300531.2.55
Bibliographic details
Nelson Evening Mail, Volume LXIV, 31 May 1930, Page 9
Word Count
196LOANS WITHOUT SECURITY Nelson Evening Mail, Volume LXIV, 31 May 1930, Page 9
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