BETTING TRANSACTION
CLAIM FOR PROMISSORY NOTE. (Per United Press Association.) Blenheim, February 24. A case of unusual interest in racing circles has been concluded in the Picton Court. James Fuller sued Richard Peters, an ex-bookmaker, for £l4, being the balance due on a dishonoured promissory note for £5O. Defendant swore the note represented the balance due on a large betting transaction in connection with the running of the trotter Tenedos at Reefton some time ago, when a bet was made with defendant by H. E. Fuller on behalf of plaintiff. The horse won and the plaintiff paid some hundreds in cash and the balance in promissory notes, of which all had been honoured except the one in dispute, on which £l4 was still owing. Plaintiff, in evidence, swore that he made the bet as an agent for Edwards, a Christchurch trainer, and when the defendant could not pay in full plaintiff paid Edwards out of • his own pocket and accepted Peters’ notes. The Magistrate upheld defendant’s contention that the note was void under the Gaming Act and further that the transaction was illegal under the law regarding bookmakers. Judgment was given for defendant without costs.
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Bibliographic details
Southland Times, Issue 21949, 25 February 1933, Page 5
Word Count
195BETTING TRANSACTION Southland Times, Issue 21949, 25 February 1933, Page 5
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