The onus of proof of establishing the application of the exception in the section lay with the company claiming it. Judges: Cairns J Citations: [1962] 1 WLR 1288, [1962] 1 All ER 502 Statutes: Moneylenders Act 1900 6(d) Jurisdiction: England and Wales Cited by: Applied – United Dominions Trust Ltd v Kirkwood CA 24-Feb-1966 The … Continue reading North Central Wagon Finance Co Ltd v Brailsford: 1962

The defendant was MD of a company which borrowed from the plaintiff. The company drew five bills as security, and the defendant endorsed them. When the company failed, the plaintiff gave notice of dishonour and sued the defendant as indorsee. The . .