A COOLGARDIE HOTEL
INTERESTING ACTION. SIR G. SMITH A DEFENDANT. (Received October 6, 0.52 a.m.) PERTH. Thursday. : The- Bank of New South: Wales lias .brought an action against his Excellency the Governor (Colonel Sir Ger.ard Smith) anti otuers in regard to a sum of £5700 advanced on. overdraft to the Australia Hotel, ijimited, Coolgardie. The deteudimts are sued: as guarantors. . > Tho defence is that the bank negli- ■ gently realised on its security. It is alleged that assets worth £15,000 were sold by the bank for £2OOO. : From evidence in the case.it appears that a letter written by the Governor < eulogising the undertaking was sent to England ,in order to assist the sale of the .company’s shares.
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Bibliographic details
New Zealand Times, Volume LXX, Issue 3864, 6 October 1899, Page 6
Word Count
116A COOLGARDIE HOTEL New Zealand Times, Volume LXX, Issue 3864, 6 October 1899, Page 6
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