DISHONOURED PROMISSORY NOTE.
AN INTERESTING CLAIM. (Pis United Press Association.) HOKITIKA, March 20. The Supreme Court sessions were opened to-day by Mr Justice Adams. As there was no criminal business the court was engaged ' all day in hearing an interesting claim by Robert Alison against the Diggers’ Sawmills Company for £4OB for a dishonoured promissory note. The defence set up alleged irregularities by which the bill was obtained by J. D. Lynch (Greymouth) under unusual circumstances. Mr Lynch agreed to use it for security purposes only, but passed it on to plaintiff in settlement of a debt duo. The defence held that the bill showed, at the time it was due, that it was in the custody of the police, while the stamping was done some time later, ao that the plaintiff was not the holder when the bill was due. His Honor upheld the defence, and gave judgment for tie defendant company, with costs.
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Bibliographic details
Otago Daily Times, Issue 18509, 21 March 1922, Page 5
Word Count
155DISHONOURED PROMISSORY NOTE. Otago Daily Times, Issue 18509, 21 March 1922, Page 5
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