Read the full judgment text of DCCJ 000196/1968 on BabelCite. This District Court judgment was delivered on 12 December 1968.
1. This is an Action brought by the plaintiff Bank upon a Letter of Guarantee given by the 3rd defendant to cover overdraft facilities made available by the Bank to the 1st defendant. Neither the 1st defendant nor two other defendants to the Action have been served and the trial proceeded solely between the plaintiff Bank and the 3rd defendant. For the sake of convenience, I will call them "the Bank" and "the defendant" respectively and I will refer to the 1st defendant as "the debtor".