Where was thie note borrowed; at your bank or where? An assistant in the compradore's department of the National Bank came to the Gay Dah bank and borrowed it.
From whom did he get i Was any letter or receipt given for it?
What was the state of the compradore's account with the Gay Dah bank w!
Tent him this note? There was credit balance to the compradore when the first note was handed to him. The book produced will show.
What is the heading of this pass-book National Bank of China, Gay Dah bank and the compradore's name.
What was the name of the assistant to whom you gave the note? I cannot remember.
Of what use would the note have been to the compradore, except to borrow money on? It was simply for him to deposit as security, but when it was presented I could have refused payment.
The Court then adjourned until 2 p.m. on the 24th instant.
24th March.
Upon resuming, Mr. Hanson proceeded with his cross-examination of the manager of the Gay Dah Bank.
Is the statement that the Gay Dah Bank had dealings with the compradore and not with the National Bank correct?—Yes.
Then why is the account headed "National Bank?"—IE is the custom for native banks to do that.
Have you not two accounts, one headed "Notional Bank" and the other "com-
Both together.
radore's private account?"—They are
"Is that the reason why the name of the Nationnl Book, appears on the counterfoil of the bank order?~Yes.
Have you ever had loans from foreign banks?—We always ded with foreign banks through the compradores.
Were the other bank orders borrowed in the same way as the first?—Yes.
Have you any order or receipt for the notes borrowed!—The compradore simply came and asked for the notes verbally.
Can you remember the time of any assistant to whom you gave the notes?—No. There may be a lot of people in the compradore's department.
Have you any entry of these notes said to have been borrowed except on the counterfoils?—No. Are all these counterfoils made out in the name of the National Bank?—Yes.
Whose writing are they in?—The accountant's, Who pats in these notes about the money being borrowed?~—They are in the accountant's writing.
Was this (indicated) put in at the same time as the entry was made?—No, it was made afterwards, as I did not know if the compradore was going to pay in assets against the note.
When you gave these notes to the compradore did you know what he was goi to do with them?—No. If nssots are pa in on the same day we honour the note, but if not, we put it down as borrowed.
How much did you receive from Ching Woo on the compradore's account?—Tls, 9,000 odd.
compradore owed you Tls. 46,000?~Yes.
Then, before you got this amount, the What was the state of the compradore's account on the 2nd of 11th moon?—Ho* owed the Gay Dah bank over Tls. 40,000. Up to the end of the 10th moon he awed Tls. 56,000. On the Ist of the 11th inven paid in Ts, 2,687 and on the 2nd Ts Does that amount include the value of the notes the compradore had previously borrowed?—No.
Why did you lend the compradore Tis, 5,000 on the 2nd of the 11th moon when he was already owing the Gay Dah bank Tls. 45,000 in addition to the notes borrowed?_T trusted the compradore.
Was there any security on the current account?—There was a delivery order for 20,000 cases of kerosene.
Is that the same security as you referred toas having got from Ching Woo?—The compradore got the delivery order from me by saying he was going to pay.
Had the compradore previously paid in anything to cover previous notes?—Yes.
Against these notes 7—No.
Did you put an advertisement in the papers on the 6th of December saying that these notes were cancelled 7—Yes.
TF people could not negotiate these notes, why did you advertise that they were cancelled?—Because the compradore owed us money and had taken away the delivery order.
Té the compradore had not taken away the delivery order would the bank have had to pay these notes?—No.
What had the delivery order to do with the advertisement?—The delivery order was treated as security for the overdraft.
Had the delivery order anything to do with these notes or not?—It had not. It was security for the overdraft on current account.
Mr. Wilkinson—When a customer of the bank asks for a note for Tls. 5,000, does he put that amount into the bank that day?—Yes.
Then is this mark put in the counterfoil to show there are assets equal to it?—No.
Is it the custom when a man asks for a bank order to ask him what he wants, it for?—No.
Text read from the printed page and cleaned; old type leaves the occasional error.