Read the full judgment text of HCA 012415/1982 on BabelCite. This High Court CFI judgment.
1. The plaintiff bank granted facilities to Stemark Industries Limited (hereinafter referred to as "Stemark"). By a Guarantee in writing dated the 1st June 1982, the defendant guaranteed to procure, on demand, the payment to the bank of all moneys due and owing to the bank by Stemark. Any statement of account of Stemark signed as correct by any duly authorised officer of the plaintiff bank was expressly stipulated to be conclusive evidence as against the defendant as guarantor. The defendant's l