IMPORTANT CIVIL ACTION.

Timaru Herald, Volume LII, Issue 5169, 16 June 1891, Page 3

IMPORTANT CIVIL ACTION.

« (By TETjEaBirH.) OHBISTOHimCH, Joke 15, An important eaao arising out of tbe transactiona of the late J. B. Gresson wao heard at the Supreme Court, before Mr Justice Denniston and a special jury of twelve, today. It was brought by the Bank of Australia to recover £50CO from Cook Beynell. On acoonufe of a guarantee of Gressan'a overdraft signed by him the Bank advanced £5000. On this defendant pleaded that Greason obtained tbe signature fraudulently. He read a guarantee stating the amount as £500, wbieh was mhat defendant agreed to become responsible for. The document was filled m for £5000 either then or afterwards, but Beynell did not notice when signing how it was filled m, aa he had implicit confidence m Greason, who had managed bis sEfaira for many years and always acted honourably Beynell also signed a certificate to the effect that, the guaranteo had been read to him, and he acknowledged himaelf rosponaiblo for the amount mentioned therein. The Bank contended thiU he find been guilty of negligence, but the jury by a twotbirds vordict found that he had not. Mr Justice Dennislon gave judgment for the defendant but there aro lcgil points to bo argued m Banco. Mr Wilding and Mr Btrin»er appeared for the plaintiff ; Mr Harpor and Mr Martin for the defendant.