GUARANTEE, Judgment for Wayfoong in Aa Important Case in the American Court In the United States Court for! Chink last Friday Judge M. D. Bardy gave judgment for the Hongkong!
Shanghai Banking Corporation in their action against S. A. and J.T. Gillespie for Tls. 210,000. Messrs. R. T. Bryan and A.'C, Holborow' appeared for plaintiffs, while Mr. Stirling Feasenden and Mr. R. A Frost represented deferstants.
Ie will be recalled that the action centred on a Dill for repairs which were incurred on the str. Mei Ren, ited by the American West China Navigation Ca. which Mr. Hunter Mann, manager for Gillespie Sons, guaranteed. The bill amounted to Tis, 209,000 and this was later reduced to Tis, 190,000. The Dock, accepted the first mortgage and subsequently transferred it to the Bani In the morning session Mr. C, A. Member, secretary of the New Dock Engineering Ca., Ld., identified certain exhibits and told the Court that the Bank had returned them their guarantee. This question had, been raised by Mr, Fessenden at the
Text read from the printed page and cleaned; old type leaves the occasional error.