Read the full judgment text of HCA 000699/1967 on BabelCite. This High Court CFI judgment was delivered on 4 November 1968.
1. The plaintiff company sued upon a promissory note for the balance payable thereunder. The note was made on the 10th July 1965 in the sum of $293,057.09 being as to $269,514.17 the price of polyethylene resin sold and delivered by the plaintiff company to the defendant, and as to the balance $23,542.92 interest at the agreed rate of 7 1/2% p.a. The principal was to be paid by 26 equal instalments of $10,000 monthly between the 22nd July 1965 and the 20th August 1967 with a final instalment of