Saturday, Judge Peter Grain gave judgment for the plaintiff for the sum of Hongkong $161,821.06, in the ease in which a agreeing to pay the plaintiff interest on the purchase money at 7 per cent, per annum, end that again on that settling day the defendants refused to take delivery and pay for th shares.
In March, 1926, the plainti states that he agreed to allow the defendants $3,000 upon their taking and paying for the shares. But they did not take up the shares, Miability is involved, when a prin-Oey Swed, mens or is not divulged before or at the time when share contract or purchase note is signed by the respective brokers or clients.
The case arose out of the financial crisis which obtained in Hongkong during 1925.
The plaintiff in this action was Emanuel E, Ellis, a stock and share broker and member of the firm of Ellis & Ca, of Shanghai, and the defendants "were Barry '0. Odell and Jack Behar, also stock and are brokers, formerly of Hong-Kong but now residing in Shangha The plaintiff was represented by Mr. M. Reader Harris, of White-'Cooper & Ca,, and defendants were represented by Mr, R, N, Macleod, of Platt & Ca.
The full judgment is as follows:—The plaintiff in this ease Emanuel Ezekiel Bills is a stock and share broker in Shanghai_and originally a broker in Hongkong and a member of the Hongkong Stock Exchange.
The defendants Odell and Beh the time that the transaction concerning this action arose were carrying on business in partnership fas stock and share brokers and were members of the Hongkong Share Brokers Association and now reside in Shanghai.
Text read from the printed page and cleaned; old type leaves the occasional error.