Dealing with legal fees the Judge stated that the Mortgage Deeds provided that the legal fees should be said by the debtor and demands were made on the Aug ation o pay the principal and' interest without success. The Mission wa therefore liable for legal fees in the nature of damages for breach of contact. The plaintiff claimed $20,000 as calculated under the rules of the Zar Association but the Court found that the reasonable and equitable mount would be $3,000.
Referring to the China Motion Picture Association the Judge stated hat this defendant executed a moi zogo deed in favour of the Mission en the same terms as those in the deed by the n to the plaintiff. The deed was not disputed the defence being that they tendered the China Realty Ca. 8 per cent. debentures amounting to taels 45,000. The plaintiff claimed that it was n obliged to accept the debentures he acceptance would prejudice the interests of the creditor. It was unnecessary for the Court to decide whether the bankruptcy law would apply in this case, because the defendant was not the holder of these debentures now and could not produce debentures. The claim of setoff was not well-founded, NO need for TEARS... with CASTORIA!
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Text read from the printed page and cleaned; old type leaves the occasional error.