Read the full judgment text of HCA 003042/1978 on BabelCite. This High Court CFI judgment was delivered on 15 November 1979.
1. The plaintiff is a member of the Chinese Gold and Silver Exchange and trades as a broker on that exchange. The case for the plaintiff is that the defendant, having signed a letter authorizing the plaintiff to trade in gold on margin on his behalf and pursuant to his instructions, has failed to make good subsequent losses amounting to $101,560. The defendant maintains, on the contrary, that his instructions to the plaintiff were limited to the purchase of a quantity of gold bars, that he gave