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A "COMMERCIAL TRANSACTION."

The following is a commercial transaction which lately occurred in Duneain, the recapitulation of which is sufficient' without need of note or comment :— a! bought from B. a number of shares in value a little over £200. When I say A^ I -must explain that A. did not pay B. the money for them* A got a sale note, but B. (a gentleman who is reputed with no inconsiderable show of reason to know his way about), was careful to hold the scrip until he got his money. Well, on the strength of this ! sale 'note, A. went to a third party, C 2 hfih *°i. Mm the £20 ° worth of « hare » it may be remarked, indulge, not un frequently, in that unhealthy way of doing business. O. gave -A. his (O.s) biU for the amount, £200 odd. A./ on getting thejWll, forthwith discounted and pocketed the cash: 8., not finding the .money forthcoming from A. for th£ snates , would not. part with his scrip'; 2?d unlucky C.^has to meet a bill for a tidy amounjUA. having, by the operation called*?" filing his shovel," made JiUtoself aomark not worth- wasting ppowde r; and shot on). C. loses^both shares and money, but philosophy largely eo teW into his sweets oMifegand he calmly says we buy experie£ffl|; No doubt we do, out it is not. pleajjpt tojpay for it -—

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18751030.2.5.5

Bibliographic details

Otago Witness, Issue 1248, 30 October 1875, Page 3

Word Count
230

A "COMMERCIAL TRANSACTION." Otago Witness, Issue 1248, 30 October 1875, Page 3

A "COMMERCIAL TRANSACTION." Otago Witness, Issue 1248, 30 October 1875, Page 3