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HIGH RATE OF INTEREST.

(BY TELEGRAPH —PRESS ASSOCIATION/. Dunkdin, This Day. In the Supreme Court, in Chambers, Judge Williams made an order for the payment of interest on a loan in a bankrupt estate at the rate of six per cent annum, it appeared that the sum borrowed originally was £3O, and the interest sonant tc be recovered wa* £34 at the end of twelve months. Judge Williams described it as an oppressive bargain.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAIGUS19001003.2.14.15

Bibliographic details

Waikato Argus, Volume IX, Issue 770, 3 October 1900, Page 2

Word Count
74

HIGH RATE OF INTEREST. Waikato Argus, Volume IX, Issue 770, 3 October 1900, Page 2

HIGH RATE OF INTEREST. Waikato Argus, Volume IX, Issue 770, 3 October 1900, Page 2