FAILED TO REPAY

Waipukurau Press, Volume XXVIII, Issue 199, 18 August 1933, Page 5

FAILED TO REPAY

Dispute Over £5OO Loan CASE-- WELLINGTON UNUSUAL ALLEGATIONS (Per Press Association) WELLINGTON, This Day. Failure by Bertram Egley, solicitor, of Wellington, to repay a loan of £5OO and interest, led to proceedings in the Supreme Court to-day, Mrs. Mrs. Laura Taylor, of Lower Hutt, bringing a suit against him.

James Thomas Watson, secretary, named as Egley’s guarantor, was joined as defendant. The claim set out that plaintiff, on .*ay 7, 1930, lent Egley £5OO witn interest at ten per cent. With the exception of £lO on account of interest, paid on December 21, 1931, Egley had failed to make any payments. Demands had been made on Watson, but he had repudiated the deed and denied liability.

In a statement in defence, Watson denied that he made any agreement whereby he guaranteed to plaintiff the repayment of the principal sum and interest claimed by her. He said further, that, if his name appeared in the deed or agreement, his execution thereof was obtained fraudulently, and on representation that he was witnessing or attesting some document, and that it was not disclosed to him that he was entering into a guarantee or was rendering himself liable to plaintiff or any other person. When the case was called, Mr. Barrett said Egley had not filed a statement of defence. Although a statement of defence had been filed by the other defendant, his solicitors had intimated that on further consideration they did not propose'proceeding with it. His Honour, Mr. Justice Reed entered judgment for plaintiff for £594 10s. with costs, according to scale, and disbursements.