Read the full judgment text of HCA 000039/1984 on BabelCite. This High Court CFI judgment was delivered on 10 October 1984.
1. By an agreement dated the 9th May 1981 the Plaintiff agreed to make advances to the Defendant for the purchase of securities. Pursuant to it shares were purchased from time to time on the local market and a running account was kept between the parties from the 22nd of May 1981, in three separate accounts in the Plaintiff's records, Nos. 944, 945 and 946. On the 25th of May amounts were advanced on each of these accounts totalling $8,632,466.00. On the 8th of March 1982 accounts Not. 945 and 9