In H. M. Supreme Court last Friday, Mr. G. W. King, Registrar heard the claim of Bisham Singh, against C. M. Castilha, for $171 due on promissory notes.
Plaintiff stated that he loaned to defendant $150, which he said he required to pay Custom's Duty, and gave him the whole amount in notes. On another occasion he gave him $20, receiving a signed Promissory note for $21.
Denfendant announced that he was willing to submit to judgement, but added that when he signed the promissory note for $150, he actually received only $90 in cash.
The Registrar:—Then one of you must be lying. The old, old tale!
Mr. Priestwood (who appeared for plaintiff) in reply to a question by the Registrar as to the rate of interest charged, pointed out that 50 per cent had been held not to be unreasonable where there was no security.
The Registrar:—I do not want to encourage money lending that way.
Mr. Priestwood:—As a matter of fact, I would not lend some people money at 100 per cent.
Defendant said he could produce a witness who would prove that he only received $90.
Questioned by Mr. Priestwood, defendant added that his witness was the guarantor, and received half of the money.
The case was adjourned until Tuesday
Text read from the printed page and cleaned; old type leaves the occasional error.