{\rtf1\ansi\ansicpg1252\uc1\deff0\stshfdbch0\stshfloch0\stshfhich0\stshfbi0\deflang1033\deflangfe1033{\fonttbl{\f0\froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\f36\froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\f37\froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}{\f39\froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}
{\f40\froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}{\f41\froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\f42\froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}
{\f43\froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\f44\froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}}{\colortbl;\red0\green0\blue0;\red0\green0\blue255;\red0\green255\blue255;
\red0\green255\blue0;\red255\green0\blue255;\red255\green0\blue0;\red255\green255\blue0;\red255\green255\blue255;\red0\green0\blue128;\red0\green128\blue128;\red0\green128\blue0;\red128\green0\blue128;\red128\green0\blue0;\red128\green128\blue0;
\red128\green128\blue128;\red192\green192\blue192;}{\stylesheet{\ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext0 Normal;}{\*\cs10 \additive \ssemihidden 
Default Paragraph Font;}{\*\ts11\tsrowd\trftsWidthB3\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\trcbpat1\trcfpat1\tblind0\tblindtype3\tscellwidthfts0\tsvertalt\tsbrdrt\tsbrdrl\tsbrdrb\tsbrdrr\tsbrdrdgl\tsbrdrdgr\tsbrdrh\tsbrdrv 
\ql \li0\ri0\widctlpar\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1024\langfe1024\cgrid\langnp1024\langfenp1024 \snext11 \ssemihidden Normal Table;}{\*\ts15\tsrowd\trbrdrt\brdrs\brdrw10 \trbrdrl\brdrs\brdrw10 \trbrdrb
\brdrs\brdrw10 \trbrdrr\brdrs\brdrw10 \trbrdrh\brdrs\brdrw10 \trbrdrv\brdrs\brdrw10 
\trftsWidthB3\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\trcbpat1\trcfpat1\tblind0\tblindtype3\tscellwidthfts0\tsvertalt\tsbrdrt\tsbrdrl\tsbrdrb\tsbrdrr\tsbrdrdgl\tsbrdrdgr\tsbrdrh\tsbrdrv 
\ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1024\langfe1024\cgrid\langnp1024\langfenp1024 \sbasedon11 \snext15 \styrsid12730699 Table Grid;}}{\*\rsidtbl \rsid3570\rsid152224\rsid218269\rsid277360\rsid547742\rsid658911
\rsid722448\rsid938716\rsid1009891\rsid1325588\rsid1378817\rsid1408275\rsid1455185\rsid1526246\rsid1593960\rsid1721958\rsid1729556\rsid1928537\rsid2254131\rsid2299077\rsid2435947\rsid2703422\rsid2970590\rsid3105342\rsid3109542\rsid3478065\rsid3828555
\rsid3899153\rsid3955751\rsid4002228\rsid4132622\rsid4132792\rsid4151592\rsid4225184\rsid4327998\rsid4337065\rsid4349036\rsid4419797\rsid4531822\rsid4604652\rsid4615085\rsid4661075\rsid4750442\rsid4939072\rsid4982623\rsid5125049\rsid5134677\rsid5250280
\rsid5707806\rsid5797426\rsid5856794\rsid6174278\rsid6257406\rsid6490728\rsid6565390\rsid6580360\rsid6628632\rsid6706916\rsid6910727\rsid7082998\rsid7277612\rsid7359547\rsid7413103\rsid7418102\rsid7537021\rsid7881920\rsid8158724\rsid8265354\rsid8275474
\rsid8351240\rsid8467533\rsid8520496\rsid8521402\rsid8789803\rsid8850245\rsid8997359\rsid9076454\rsid9122441\rsid9445614\rsid9456683\rsid9575406\rsid9796233\rsid9851542\rsid10162422\rsid10300059\rsid10560665\rsid10975594\rsid11076920\rsid11087053
\rsid11093800\rsid11236924\rsid11408627\rsid11737956\rsid11757468\rsid11949185\rsid11957384\rsid12013910\rsid12070021\rsid12343681\rsid12591911\rsid12593469\rsid12606802\rsid12722987\rsid12730699\rsid12735775\rsid12800001\rsid12927576\rsid12936317
\rsid13050448\rsid13121375\rsid13186296\rsid13252945\rsid13255219\rsid13387337\rsid13506229\rsid13527615\rsid13586613\rsid13782872\rsid13853313\rsid14099529\rsid14162968\rsid14163972\rsid14223019\rsid14233794\rsid14286965\rsid14372452\rsid14441130
\rsid14555406\rsid14562284\rsid14641157\rsid14812791\rsid14829718\rsid14902764\rsid14966214\rsid15210620\rsid15408191\rsid15427829\rsid15481394\rsid15532947\rsid15608238\rsid15614041\rsid15754666\rsid15872711\rsid16388723\rsid16454128\rsid16540220}
{\*\generator Microsoft Word 10.0.6818;}{\info{\title PROOFED \'96 MH & JM}{\operator maltungtung_l}{\creatim\yr2007\mo9\dy5\hr11\min27}{\revtim\yr2007\mo10\dy30\hr9\min19}{\version5}{\edmins490}{\nofpages6}{\nofwords2969}{\nofchars16924}
{\nofcharsws19854}{\vern16393}{\*\password 00000000}}{\*\xmlnstbl }\paperw11904\paperh16834\margl1440\margr1440\margt1440\margb1440\gutter0 
\widowctrl\ftnbj\aenddoc\noxlattoyen\expshrtn\noultrlspc\dntblnsbdb\nospaceforul\subfontbysize\formshade\horzdoc\dghspace120\dgvspace120\dghorigin1701\dgvorigin1984\dghshow0\dgvshow3
\jcompress\viewkind4\viewscale100\pgbrdrhead\pgbrdrfoot\nolnhtadjtbl\rsidroot15481394 \fet0{\*\wgrffmtfilter 013f}\sectd \linex0\sectdefaultcl\sftnbj {\*\pnseclvl1\pnucrm\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl2
\pnucltr\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl3\pndec\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl4\pnlcltr\pnstart1\pnindent720\pnhang {\pntxta )}}{\*\pnseclvl5\pndec\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl6
\pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl7\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl8\pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl9\pnlcrm\pnstart1\pnindent720\pnhang 
{\pntxtb (}{\pntxta )}}\pard\plain \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
IN THE HIGH COURT OF THE COOK ISLAND
\par HELD AT RAROTONGA
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 CIVIL DIVISION
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }\pard \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 PLAINT No}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 :}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  21/82
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }\pard \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid12593469 BETWEEN
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }\pard \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12927576 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 ROBERT TA}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid277360 Y}{
\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 LOR FOOTE}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid12593469 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12927576 of}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid12927576  }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817\charrsid12927576 Rarotonga}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12927576  Retired
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 Plaintiff}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid12927576 
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }\pard \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid12593469 AND
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }\pard \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12927576 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 JOHN ELIZABETH ROLLS}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid12593469 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 of Rarotonga}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid12927576  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid12927576 Company Director}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid12927576 
\par }\pard \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 First Defendant
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }\pard \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid12593469 AND
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }\pard \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 HIBISCUS HOUSE LIMITED
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 A d}{\fs24\lang2057\langfe1033\langnp2057\insrsid12593469 uly incorporated company having
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 its registered office at Rarotonga
\par Second Defendant
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }\pard \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid12593469 AND
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }\pard \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 KENNETH JOHN ROLLS}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid12593469 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12927576 of}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid12927576  Rarotonga}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid12927576 Company Director}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 Third Defendant
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid7413103\charrsid7413103 Counsel}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 :}{\fs24\lang2057\langfe1033\langnp2057\insrsid7413103  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid7413103\charrsid7413103 Mr Macfadzien for Plaintiff}{\fs24\lang2057\langfe1033\langnp2057\insrsid7413103 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid7413103\charrsid7413103 Mr V.A.K.T Ingram and}{\fs24\lang2057\langfe1033\langnp2057\insrsid7413103 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid7413103\charrsid7413103 Mr Arnold for 1st}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid7413103\charrsid7413103  2nd & 3rd Defendants.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7413103\charrsid6628632 
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12593469 {\fs24\lang2057\langfe1033\langnp2057\insrsid12593469 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12593469\charrsid6628632 Hearing}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 :}{\fs24\lang2057\langfe1033\langnp2057\insrsid12593469\charrsid6628632  19 August 1983
\par Decision}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 :}{\fs24\lang2057\langfe1033\langnp2057\insrsid12593469\charrsid6628632  26 August 1983
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }\pard \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 FURTHER INTERIM JUDGMENT OF SPEIGHT C.J
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par In the interim judgm}{\fs24\lang2057\langfe1033\langnp2057\insrsid4531822 ent which was delivered on the 9th}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  of August 1983}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  five questions of topic}{\fs24\lang2057\langfe1033\langnp2057\insrsid8850245 s}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  were reserved }{
\fs24\lang2057\langfe1033\langnp2057\insrsid152224 for further submission by}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  counsel. These are set out at page}{\fs24\lang2057\langfe1033\langnp2057\insrsid14966214 
 18 of that document. I have now}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  heard from the counsel and we can move a further step forward on most of the matters referred to there}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  although there are still little need for consultation between the parties on some items particularly those under topic }{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 b}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid4604652\charrsid6628632 .}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par 
\par I commence with question }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 a}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ):-}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par 
\par }\pard \ql \li720\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin720\itap0\pararsid4604652 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 I asked for further representations concerning the initial loan of $16}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 500 and its terms. In particular I was unsure whether it was part of the plaintiff}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{\fs24\lang2057\langfe1033\langnp2057\insrsid2254131 s claim that there were}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  terms attached to}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1593960  that such as a}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  claim for conversion into U.S}{\fs24\lang2057\langfe1033\langnp2057\insrsid11957384 .}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  Currency}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  or that some}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8521402  of the other benefits which Mr}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  Foote was to received in lieu of interest }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 such as use of }{\fs24\lang2057\langfe1033\langnp2057\insrsid1408275 a}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  car and similar matters}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
 were claimed to be attached to that that part of his advances. Counsel has demonstrated to me quite clearly that there was no interest to flow in respect of $16}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 500 and in evidence it was clearly stated that there was}{\fs24\lang2057\langfe1033\langnp2057\insrsid15754666  no}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
 claim that the repayment would }{\fs24\lang2057\langfe1033\langnp2057\insrsid13527615\charrsid6628632 have }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 U.S}{\fs24\lang2057\langfe1033\langnp2057\insrsid5856794 .}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  currency conversion factor. Indeed it is of essence of the evidence given that the $16}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 500 was not contemplated at that stage as being repayable at all. It was in fact an advance purchase price for the shares which Mr Foote would eventually get in the company}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  and his later entitlement would flow from that shareholding. No further consideration need to be given in respect of the U.S}{
\fs24\lang2057\langfe1033\langnp2057\insrsid11236924 .}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  currency aspect on this item. However}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4604652\charrsid6628632  Mr MacFadzien has advanced two }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 matter}{\fs24\lang2057\langfe1033\langnp2057\insrsid14099529 s}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  which he claims was tied to that advance}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  just as much as}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7082998  to }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 the other monies provided by Mr Foote.}{\fs24\lang2057\langfe1033\langnp2057\insrsid4604652\charrsid6628632  These relate to}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 :}{\fs24\lang2057\langfe1033\langnp2057\insrsid4604652\charrsid6628632 
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid13121375 {\fs24\lang2057\langfe1033\langnp2057\insrsid4604652\charrsid6628632 
\par }\pard \ql \li1440\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin1440\itap0\pararsid13527615 {\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 i}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  the independent action taken by the Rental Car Company against Mr Foote for the Hire of a replacement vehicle in }{
\fs24\lang2057\langfe1033\langnp2057\insrsid13527615\charrsid6628632 February}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 /March 1982. In }{\fs24\lang2057\langfe1033\langnp2057\insrsid13527615\charrsid6628632 respect}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  of t
hese proceedings he has joined Hibiscus House as a third party claiming that the company is liable for that hiring. It was agreed during the course of various interlocutory hearings that all these matter}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  including also the claim by Mackay Electrical Company would be disposed of at the one hearing. As just mentioned}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  the hiring of the rental car did not take place until 1982 during the perio}{\fs24\lang2057\langfe1033\langnp2057\insrsid13121375 
d when the company was carrying }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 on business and}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
 as I have ruled carrying on illeg}{\fs24\lang2057\langfe1033\langnp2057\insrsid13255219 ally. That being so}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid13255219  the Third P}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6910727 arty claim}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  made by Mr Foote}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  that this was a debt incurred by him as part of the on}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
going business falls under the ban of illegality and would be irrecoverable. Mr Macfadzien does not contest that point of view but }{\fs24\lang2057\langfe1033\langnp2057\insrsid15532947\charrsid6628632 endeavours}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  to escape it by relating the free motor vehicle car entitlement to the initial arrangement thereb}{\fs24\lang2057\langfe1033\langnp2057\insrsid15532947 y linking it to the advance of }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 $16}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 500.
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }\pard \ql \li1440\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin1440\itap0\pararsid13527615 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 Mr Arnold}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 s Reply is simple and in my view conclusive}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  viz.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  that the arrangement for the advance of $16}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 500 is evidenced by an acknowledgment of debt}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  interest free}
{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  payable on demand}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  which was entered into on or about 26 May 1981 at a meeting which was earlier in time than the meeting at which the advancement }{
\fs24\lang2057\langfe1033\langnp2057\insrsid4604652\charrsid6628632 of working capital was arranged}{\fs24\lang2057\langfe1033\langnp2057\insrsid12591911  }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12591911  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 that did not take place until a Sunday afternoon early in Ju
ne. I am satisfied from an examination of the evidence that this submission is well founded. Consequently}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  the oblig}{
\fs24\lang2057\langfe1033\langnp2057\insrsid3955751 ation incurred by Mr Foote for c}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
ar hire falls under the illegality bar insofar the hire was during the period when the relationship between the parties had become illegal.
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par }\pard \ql \li1440\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin1440\itap0\pararsid13527615 {\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid4349036 ii}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid4349036  Similar determination applies in respect to a portion of the living}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  allowances and other expenditures which were agreed to be paid by him. They fall for the recovery under para. }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 b}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  which}{\fs24\lang2057\langfe1033\langnp2057\insrsid218269 
 we}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  will with in a m}{\fs24\lang2057\langfe1033\langnp2057\insrsid13853313 oment}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13853313  provided they were expend}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 ed or authori}{\fs24\lang2057\langfe1033\langnp2057\insrsid3570\charrsid6628632 zed prior to the 29th}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  Jul}{\fs24\lang2057\langfe1033\langnp2057\insrsid11093800 y. Those before and after the 29th}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  July flowed n}{
\fs24\lang2057\langfe1033\langnp2057\insrsid3570\charrsid6628632 ot from the initial arrangement}{\fs24\lang2057\langfe1033\langnp2057\insrsid12070021  of late May touching}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  t}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1009891\charrsid6628632 he $16}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid1009891\charrsid6628632 500 but the arrangement }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 of early June 1981 and will be irrecoverable insofar as they were incurred after the illegality date}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817  - }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 but not before.
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12730699 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
\par Question }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 a}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  therefore is dealt with by saying that the amount repayable to Mr Fo}{\fs24\lang2057\langfe1033\langnp2057\insrsid9851542 ote under this head is $16}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid9851542 500.
\par 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 The next problem and the most difficult is that raised in question }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 b}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  the amount of }{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 bits and pieces}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  money to which Mr Foote is entitled. I}{\fs24\lang2057\langfe1033\langnp2057\insrsid7277612 n the}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
 composite Amended Statement of Defence}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  the defendants admitted }{
\fs24\lang2057\langfe1033\langnp2057\insrsid10300059\charrsid6628632 that in addition to the $16}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid10300059\charrsid6628632 500}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  there was a due and owing by the company to sum of $11}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 106.78 but they claimed a set off against this of some $6}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
361.50. I will return to this latter item shortly.
\par 
\par It will be seen that in the Interim Judgment I had the misunderstood the natur}{\fs24\lang2057\langfe1033\langnp2057\insrsid10300059\charrsid6628632 e of this admission in paras.6 S}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
tatement of Defence believing }{\fs24\lang2057\langfe1033\langnp2057\insrsid9076454\charrsid6628632 it to be}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  a cross balance claimed to be }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12343681 o}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 wing against the $16}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 500. This }{\fs24\lang2057\langfe1033\langnp2057\insrsid10300059\charrsid6628632 misunderstanding}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  which can be found at page 14 of the interim Judgment}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
 is clearly wrong. }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid2435947 It is an additional}{\fs24\lang2057\langfe1033\langnp2057\insrsid9076454\charrsid2435947  sum which the D}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid2435947 efendant}{\fs24\lang2057\langfe1033\langnp2057\insrsid9076454\charrsid2435947 s}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid2435947  admit that Mr Foot}{
\fs24\lang2057\langfe1033\langnp2057\insrsid9076454\charrsid2435947 e}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid2435947  did advance to Hibiscus House Limited}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
 from time to time for expenditure by it. I have not examined the individual accounts}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
 so I am unable to say in whose name the liability was incurred}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  but it seems almost certain}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8265354  that}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  regardless of the name of the person ordering }{\fs24\lang2057\langfe1033\langnp2057\insrsid14812791 the }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 go}{\fs24\lang2057\langfe1033\langnp2057\insrsid14829718 ods it was a Hibiscus House Ltd}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  Liability}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  in which case}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  judgment fo}{\fs24\lang2057\langfe1033\langnp2057\insrsid2970590 r such money as is repayable from}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
 these advances would be against the second defendant although I will listen to any further submissions which may be needed on this point once individual documents have been examined.
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid9076454\charrsid6628632 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 The amount too}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
 obviously requires further exploration. The defendants acknowledged $11}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
106.78 but with no details and presumably they mean to say }{\fs24\lang2057\langfe1033\langnp2057\insrsid16388723\charrsid6628632 that this}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
 is for all the money advanced by Mr Foote in furtherance of the enterprise during the}{\fs24\lang2057\langfe1033\langnp2057\insrsid15427829\charrsid6628632  whole period. The Plaintiff}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{
\fs24\lang2057\langfe1033\langnp2057\insrsid15427829\charrsid6628632 s Consolidated}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  }{\fs24\lang2057\langfe1033\langnp2057\insrsid9122441 S}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 tatement of Claim set the figure at $25}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid1325588 
000 but with an estimate that it might}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  be more. In evidence Mr Foote said it had exceeded that fi}{\fs24\lang2057\langfe1033\langnp2057\insrsid15427829\charrsid6628632 
gure by many thousands. However}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  all those suggested figures were before the ruling that }{
\fs24\lang2057\langfe1033\langnp2057\insrsid15427829\charrsid6628632 29th}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  July 1981 was a cut}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 off point for }{\fs24\lang2057\langfe1033\langnp2057\insrsid15427829\charrsid6628632 recoverability}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
. Parties or their counsel must confer as to what liability arises before that date.
\par 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid7537021\charrsid6628632 Different c}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
ategories of advances were discussed by Mr Macfadzien and Mr Arnold. Mr MacFadzien divided matters into three categories. First}{\fs24\lang2057\langfe1033\langnp2057\insrsid7537021\charrsid6628632  }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7537021\charrsid6628632  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 debts incurred prior to the date and which had been paid after. }{
\fs24\lang2057\langfe1033\langnp2057\insrsid10975594 Secondly }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid10975594  debts incurred prior to that date and paid after. }{
\fs24\lang2057\langfe1033\langnp2057\insrsid1455185 And a third c}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 ategory}{\fs24\lang2057\langfe1033\langnp2057\insrsid1455185  }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1455185  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 amounts paid by Mr Foote }{\fs24\lang2057\langfe1033\langnp2057\insrsid1455185 prior to the date but made the s}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 ubject of a subseq}{\fs24\lang2057\langfe1033\langnp2057\insrsid1928537 uent agreement to reimburse him }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
the principal item being travel expenses incurred by Mr F}{\fs24\lang2057\langfe1033\langnp2057\insrsid14555406\charrsid6628632 oote and Mrs Holzl}{\fs24\lang2057\langfe1033\langnp2057\insrsid4132622  in going to Hawaii}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  primarily for immigration qualification and }{\fs24\lang2057\langfe1033\langnp2057\insrsid14555406\charrsid6628632 incidentally}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid11949185 to}{\fs24\lang2057\langfe1033\langnp2057\insrsid8467533\charrsid11949185  look at rest}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid11949185 au}{\fs24\lang2057\langfe1033\langnp2057\insrsid8467533\charrsid11949185 ra}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid11949185 nt and shopping complexes.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  Mr Arnold agreed with the first two categories. He }{\fs24\lang2057\langfe1033\langnp2057\insrsid12593469 too }{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
spoke of }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid12593469 incurring}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
 of the debt. In my view that is the proper test. Simple illustration is found by recognizing that the disqualification arises from the concept of }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 carrying on business}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid8467533\charrsid6628632  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632  everything prior to that date was prepa}{\fs24\lang2057\langfe1033\langnp2057\insrsid8467533\charrsid6628632 ra}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 tory.
\par 
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12800001 {\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 Let it be supposed for a moment that the Di}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 rectors of the company at the 29th}{\fs24\lang2057\langfe1033\langnp2057\insrsid12730699\charrsid6628632 
 July had changed their minds and decided not to open the doors. The question would the}{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 n have been}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632  and the question now is}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 What debts had been incurred up to that moment?}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632  If a }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 particula}{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 r liability}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632  judged in Sale of G}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 oods}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 terms}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  had arisen}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  usua}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 lly det}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 e}{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 rmined }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 by }{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 date of delivery}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632  then Mr Foote}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  is e}{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 
ntitled to be reimbursed for meeting that liability whether in the }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 event he}{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 
 made the payment before or after the cut}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 off date.}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 This formula will I ho}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 pe enable all}{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 
 these items to be resolved. It}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  is obvio}{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 us from the su}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 m}{\fs24\lang2057\langfe1033\langnp2057\insrsid13586613\charrsid6628632 mary sheet which Mr Macfadzien produced that considerable consultation has taken place.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid938716\charrsid6628632  Howe}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 ver}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  }{\fs24\lang2057\langfe1033\langnp2057\insrsid938716\charrsid6628632 the}{\fs24\lang2057\langfe1033\langnp2057\insrsid4151592  figures which that sheet shows}{
\fs24\lang2057\langfe1033\langnp2057\insrsid938716\charrsid6628632  are not of much assistance to me }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 and I invite furt}{
\fs24\lang2057\langfe1033\langnp2057\insrsid938716\charrsid6628632 her co}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid938716\charrsid6628632 operation between counsel}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13252945\charrsid6628632 . One notes that Mr MacFadzien had a number of different categories from }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13252945\charrsid6628632 a}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid13252945\charrsid6628632  to }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (
}{\fs24\lang2057\langfe1033\langnp2057\insrsid13252945\charrsid6628632 h}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid13252945\charrsid6628632  according to the }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 nature}{\fs24\lang2057\langfe1033\langnp2057\insrsid13252945\charrsid6628632  of the expenditure. My present view is that it is immaterial what the money was spent on}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ;}{\fs24\lang2057\langfe1033\langnp2057\insrsid13252945\charrsid6628632  whether it was supplies for resale}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13252945\charrsid6628632  equipment}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid13252945\charrsid6628632  transport cost}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid13252945\charrsid6628632  or the like. They were all expenses incurred by Mr }{\fs24\lang2057\langfe1033\langnp2057\insrsid7359547\charrsid6628632 
Foote on behalf of the enterprise which as far as I can see was a company enterprise}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid7359547\charrsid6628632  not a partnership}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid7359547\charrsid6628632  and its expenses up to that date were legitimately incurred and met by him and can be claimed.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid7359547\charrsid6628632 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 The third item in Mr MacFadzien}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 s catego}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632 ry was for monies paid}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632  not in}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817  - p}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 ursuance of the agreement to carry on this venture}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  but preparatory to it}{\fs24\lang2057\langfe1033\langnp2057\insrsid15408191  }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid15408191  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 the item of course relates to a proportion of t}{\fs24\lang2057\langfe1033\langnp2057\insrsid16454128\charrsid6628632 h}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632 e cost of Mr Fo}{\fs24\lang2057\langfe1033\langnp2057\insrsid16454128\charrsid6628632 ote and Mrs Holzl}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 s travels to Hawaii. These were all incurred and paid for prior to 29th July}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16454128\charrsid6628632  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 indeed}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  prior to May. Now as at May}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 
 no enforceable agreement had been reached}{\fs24\lang2057\langfe1033\langnp2057\insrsid16454128\charrsid6628632  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 
by the parties. Nor could this be regarded as part performance of any preliminary}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid16454128\charrsid6628632  oral}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  agreement. The future plans were only}{\fs24\lang2057\langfe1033\langnp2057\insrsid16454128\charrsid6628632  in the exploratory stage}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid16454128\charrsid6628632  and }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 Mr Foote}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 s desire to secure his immigration position was related to his gene}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632 ral intention to establish himself in Cook}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  Islands }{
\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632 affairs in one way or another. Unless made in}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  pursuance of a firm agreement pre}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 contract expenses are ge}{\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632 nerally speaking irrecoverable}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 unless they are accepted by a subsequent}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632  agreement. There was indeed}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632  so}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  I was told}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  such an accept}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632 ance but this was at a meeting w}{\fs24\lang2057\langfe1033\langnp2057\insrsid11087053 hich took}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 
 place in September after the company had }{\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632 commence}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 d }{
\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632 to carry on business. They were adopted by the company as an}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  expense of the business}{
\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632  recognised for the first time. For that reason}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632 
 the amounts incurred}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632  though there is a moral claim for them are not recoverable at law.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid16540220\charrsid6628632 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid7418102 While we are dealing with this}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  categor}{\fs24\lang2057\langfe1033\langnp2057\insrsid7418102 y}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid7418102  mention should also be made }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 of a cl}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7418102 aim which arose during the cours}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 e of the hearing for monies expended}{\fs24\lang2057\langfe1033\langnp2057\insrsid7418102 
 at an earlier date for the purchase in }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 the United States of a refrigerator and}{\fs24\lang2057\langfe1033\langnp2057\insrsid8275474  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 a stove and similar chattels. These items were apparently provided to the company and installed prior to 29th July and in the ordinary way}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  money for}{\fs24\lang2057\langfe1033\langnp2057\insrsid8275474  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 them would be recoverable}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid8275474  but one understands that these chattels are}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  not }{\fs24\lang2057\langfe1033\langnp2057\insrsid8275474 being used. They are stored at the company premises and they mu}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 st be returned}{\fs24\lang2057\langfe1033\langnp2057\insrsid8275474  to Mr Foote in whatever order they may }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 
now be. If they have suffered some}{\fs24\lang2057\langfe1033\langnp2057\insrsid9796233  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5125049 deterioration during the process of carrying on business}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}
{\fs24\lang2057\langfe1033\langnp2057\insrsid5125049  that loss will }{\fs24\lang2057\langfe1033\langnp2057\insrsid9796233 fall on}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  him}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  but the illegality conc}{\fs24\lang2057\langfe1033\langnp2057\insrsid14162968 
ept would not prevent the recovery of chattels which have}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  always bee}{\fs24\lang2057\langfe1033\langnp2057\insrsid14162968 n the property of one party even if they had }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 been trans}{\fs24\lang2057\langfe1033\langnp2057\insrsid14162968 ferred to another in the course of an illegal business}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid14162968  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 provided }{\fs24\lang2057\langfe1033\langnp2057\insrsid14162968 those chattels can }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 be recognised. Principles gover}{\fs24\lang2057\langfe1033\langnp2057\insrsid14286965 ning such matters have already been }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 refe}{\fs24\lang2057\langfe1033\langnp2057\insrsid8158724 rred to o}{\fs24\lang2057\langfe1033\langnp2057\insrsid14286965 n page 16 of the Interim }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 Judgment where reference was}{\fs24\lang2057\langfe1033\langnp2057\insrsid14286965  made to the case of }{\i\fs24\lang2057\langfe1033\langnp2057\insrsid14286965\charrsid6490728 
Amar Singh v Ku}{\i\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6490728 lubya.}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072 
\par Item }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072 c}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072 
 in the Interim Judgment relates to a claim now made for reimbursement to be calculated in terms of the value of U.S. funds as against New Zealand funds at the present day}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4939072  it being the plaintiff}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072 s contention that when he agreed to make the }{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072 bits and pieces}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072  money available}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072  which money was to be refunded in due course}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4939072  he specified that he would require repayment to the same number of U.S. dollars as he had cashed in for the purpose of making the advances so that he was safeguarded in the event }{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072 as has transpired}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072 
 that the New Zealand dollar fell in value as against the U.S. dollar. Now although}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072 
 the defendants did not give evidence touching this alleged agreement}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072  nevertheless}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4939072  I am required to be sat}{\fs24\lang2057\langfe1033\langnp2057\insrsid4419797 isfied on the balance of probab}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072 ilities}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072  that this }{\fs24\lang2057\langfe1033\langnp2057\insrsid3828555 arrangement}{\fs24\lang2057\langfe1033\langnp2057\insrsid10560665 
 was in fact entered into}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072  and I am not so satisfied. Principally}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4939072  I am unhappy about the way in which the claim was advanced at somewhat late stages of the proceedings. Initially}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4939072  there were injunction proceedings in the course of which}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072 
 various parties filed affidavits as to their financial transactions. No mention was made of this alleged liability in any of Mr Foote}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{\fs24\lang2057\langfe1033\langnp2057\insrsid4939072 
s affidavit. That is perhaps }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 understandable because they were not at that stage talking in}{\fs24\lang2057\langfe1033\langnp2057\insrsid547742  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 terms of a debt claim. But in the first Statement of Claim issued on }{\fs24\lang2057\langfe1033\langnp2057\insrsid547742 the 25th March 1982}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid547742  one of the allegations is for sum}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 s of money advanced claimed by way }{
\fs24\lang2057\langfe1033\langnp2057\insrsid547742 of }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 a claim for}{\fs24\lang2057\langfe1033\langnp2057\insrsid547742  repayment in the sum}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  then set at $18}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 933. No mention is made there of any}{
\fs24\lang2057\langfe1033\langnp2057\insrsid547742  agreement for repayment in so}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 mething other than local currency. }{
\fs24\lang2057\langfe1033\langnp2057\insrsid547742\charrsid6628632 On}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  the}{\fs24\lang2057\langfe1033\langnp2057\insrsid547742  12th August 1982}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid547742  Mr MacFadzien acting for Mr Foote}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid547742 
 wrote to Mr}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  Rolls letter}{\fs24\lang2057\langfe1033\langnp2057\insrsid547742  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 No. 101. This rel}{
\fs24\lang2057\langfe1033\langnp2057\insrsid547742 ated to a claim to be repaid for}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  half the share capital }{\fs24\lang2057\langfe1033\langnp2057\insrsid547742 viz.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid547742  $500 in respect of a company in H}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 a}{
\fs24\lang2057\langfe1033\langnp2057\insrsid547742 wa}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 ii}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 
 South Seas Enterprise Limited}{\fs24\lang2057\langfe1033\langnp2057\insrsid547742  for which Mr Rolls had advanced the funds. Mr M}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 a}{
\fs24\lang2057\langfe1033\langnp2057\insrsid547742 cfa}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 dzien went i}{\fs24\lang2057\langfe1033\langnp2057\insrsid547742 n particularity to specify i}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 n that letter that the obligation to repay was in}{\fs24\lang2057\langfe1033\langnp2057\insrsid547742  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 U.S.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid547742  dollars and he provided a calcul}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 ation of equivalent N.Z. currency as at that date.
\par 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 However}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360  so}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 
me months later on 1st December 1982 in letter No. 117}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  W MacFadzien again wro}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 te}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  this }{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 time to Mr Roll}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '
}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 s solicitor \endash  and said that he would be filing an A}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 mended}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 
 Statement of Claim in which he will claim inter alia }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 Repa}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360\charrsid6628632 yment}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6580360  of all monies advanced }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 t}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 otalling }{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 approximately $35}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 000}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )"}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360  still no mention of U.S. conversion rates. In due}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6257406  course}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid6257406  the}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 
 Amended Statement of Claim was filed on the 7th February 1983 and although the relief claimed in para. 15 }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 c}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360  is }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 the e}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 x}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 change losses suff}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 e}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 red }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 by}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360  the plaintiff in }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 withdrawing sum}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 s}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  of}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6580360  $16}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 500 and $20}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6580360 000 from his United States bank account}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ",}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360  there was no allegation in para. 9}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid6580360  where the terms of the agreement are set}{\fs24\lang2057\langfe1033\langnp2057\insrsid8789803  out}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid8789803  that the reimbursement for expenditure in any particular currency was agreed upon.}{\fs24\lang2057\langfe1033\langnp2057\insrsid8520496  Indeed}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid8520496  even in }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 the final }{\fs24\lang2057\langfe1033\langnp2057\insrsid4327998 
Consolidated Statement of Claim}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid4327998  issued on the 27th May 1983 just befo}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 re }{
\fs24\lang2057\langfe1033\langnp2057\insrsid4327998 the hearing}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid4327998  there was no specific allegation }{
\fs24\lang2057\langfe1033\langnp2057\insrsid15210620 that this had been the agreement. Such a claim only emerged in the course of evidence from Mr Foote and indeed the details were less specific t
han one would have expected. The most important feature of all however is that in the Second Amended Statement of Claim and in the final Composite}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  Amended}{
\fs24\lang2057\langfe1033\langnp2057\insrsid15210620  Statement of Claim}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid15210620  the addition}{
\fs24\lang2057\langfe1033\langnp2057\insrsid15210620\charrsid6628632 al}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  U.S. funds required by way of damages}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  were alleged}{\fs24\lang2057\langfe1033\langnp2057\insrsid15210620  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 to }{
\fs24\lang2057\langfe1033\langnp2057\insrsid15210620 be due in respect of both the }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid15210620 b}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 its and pieces money}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  and the $16}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 500. }{\fs24\lang2057\langfe1033\langnp2057\insrsid4750442 Yet it is clear from the evidence that Mr Foote specifically said that}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid4750442  that was not part of the agreement relating to the $16}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4750442 500. }{\fs24\lang2057\langfe1033\langnp2057\insrsid11076920 It appears to me that this claim that it was agreed on in respec
t of the balance is an after thought and the absence of an earlier specific allegati}{\fs24\lang2057\langfe1033\langnp2057\insrsid14562284 on makes me conclude that it has}{\fs24\lang2057\langfe1033\langnp2057\insrsid11076920 
 not been satisfactorily proved.}{\fs24\lang2057\langfe1033\langnp2057\insrsid1721958  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 I would like to say that I do not think that}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1721958  Mr Fo}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 ote has de}{\fs24\lang2057\langfe1033\langnp2057\insrsid1721958 liberately attempted to mislead the court as to
 the arrangement}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 s originally made. I think it is a case o}{\fs24\lang2057\langfe1033\langnp2057\insrsid3109542 f reconstruction in his mind. He believes that such a promis}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 e was made in relation to }{\fs24\lang2057\langfe1033\langnp2057\insrsid3109542 this repayment whereas it may have mer}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 ely been a matter discussed at the time that he revealed that he}{\fs24\lang2057\langfe1033\langnp2057\insrsid3109542  was draw}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 ing on U.S. funds and bringing them to Rarotonga. I thought that}{\fs24\lang2057\langfe1033\langnp2057\insrsid3109542  Mr Foote was an honest man endeavouring to give }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 a t}{\fs24\lang2057\langfe1033\langnp2057\insrsid3109542 ruthful account of the matters h}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 e recol}{
\fs24\lang2057\langfe1033\langnp2057\insrsid3109542 lected}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid3109542  but he is undoubtedly ve}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 ry angry over what he regards as}{\fs24\lang2057\langfe1033\langnp2057\insrsid3109542  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 shabby}{
\fs24\lang2057\langfe1033\langnp2057\insrsid3109542  treatment}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid3109542  and I think that his indignation has in some instances }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 influenced his recollection.}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid3109542\charrsid6628632 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid14641157 The next subject to be deal}{\fs24\lang2057\langfe1033\langnp2057\insrsid3109542\charrsid14641157 t with is }{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 para. }{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 d}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157  relating to the quantum }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid14641157 of contras }{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 claimed by the defendants}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid14641157 .}{
\fs24\lang2057\langfe1033\langnp2057\insrsid14641157  In the question asked}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157  I had assumed}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid14641157  that these were unmet claim}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 s prior to 29 July. I am informed from the }{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid14641157 bar}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157  however}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 
 that the Claim for $6}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 361.50 is in respect of mon}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 ies }{
\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 which have been paid}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  out of the Company accounts in respect of }{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 
expenditures on Mr Foote}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 s behalf}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 
 such as laundry}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157  petrol}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  payment}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 s to Piri Puruto}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid14641157  car repairs}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157  airfares and the like}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid14641157  and that these payments from the company}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 
s bank account were all made after 31 July 1981. I have been at something of a disadvantage because Mr Foote}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{\fs24\lang2057\langfe1033\langnp2057\insrsid14641157 
s vigour in the course of giving evidence did not always }{\fs24\lang2057\langfe1033\langnp2057\insrsid14441130 make him the easiest witness to follow. His grasp of the matter is so comprehensive that he assumes}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13186296  others are as well acquainted with the developing events as he}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid13186296 
 and this difficulty has been compounded by the fact that the defendants did not give any e
vidence. I am therefore a little puzzled as to why there is no claim in respect of such things as laundry and petrol accounts prior to the end of July because undoubtedly Mr Foote would have been incurring such costs. It may }{
\fs24\lang2057\langfe1033\langnp2057\insrsid9575406 be that those accounts were paid out of his personal bank account and}{\fs24\lang2057\langfe1033\langnp2057\insrsid4225184  will emerge as claims in the }{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid4225184 b}{\fs24\lang2057\langfe1033\langnp2057\insrsid9575406 its and pieces}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{
\fs24\lang2057\langfe1033\langnp2057\insrsid9575406  money}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid9575406  or alternatively they may have }{\fs24\lang2057\langfe1033\langnp2057\insrsid1526246 
been paid from the company}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{\fs24\lang2057\langfe1033\langnp2057\insrsid1526246 s account and for some reason have not been included in the itemised list which was produced as an exhibit. However}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid1526246  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12606802 that may be}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12606802  the only counterclaim is for this sum and}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12606802  as has been pointed out}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12606802  all these payments were made by a drawing from the company}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 '}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12606802 s account after the 29th July. Therefore}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12606802 
 being items incurred in the carrying out of business}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12606802  whether they were advanced on his behalf or otherwise}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12606802  they are payments which had been made during the period of illegality and the loss must lie where it falls.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid14902764  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 As Mr MacFadzien correctly says}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  its }{\fs24\lang2057\langfe1033\langnp2057\insrsid14902764 a }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid14902764 
sauce for the goose}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid14902764  sauce for}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  the gander}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  argument and if Mr Foote cannot claim for money which he advanced to the }{
\fs24\lang2057\langfe1033\langnp2057\insrsid14902764\charrsid6628632 company}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  after the cut}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 off date}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  equally the defend}{
\fs24\lang2057\langfe1033\langnp2057\insrsid14902764 ants cannot claim from him}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid14902764  money expended by them in his interests during the sam}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 e period. So that}{\fs24\lang2057\langfe1033\langnp2057\insrsid14902764  }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 question }{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 d}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 
 answers itself and the counterclaim bar $6}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 361.50 ha}{\fs24\lang2057\langfe1033\langnp2057\insrsid14902764 s failed.
\par 
\par The final matter para}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 . }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 e}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  is for the small sum of U.S. $500 claimed by Mr Foote as hav}{\fs24\lang2057\langfe1033\langnp2057\insrsid5250280 
ing been expended on behalf of M}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 r & Mrs Rolls to give them entitlements}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  presumably as }{\fs24\lang2057\langfe1033\langnp2057\insrsid14902764 shareholders}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid14902764  in the Hawaiian company}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  which was formed }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  South Seas Ente}{\fs24\lang2057\langfe1033\langnp2057\insrsid658911 rprises Limited. Th}{\fs24\lang2057\langfe1033\langnp2057\insrsid14902764 
ere is the uncontradicted evidence of Mr Foote}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  and Mrs Holzl that that money was advanced by him for some benefits}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  particulars of which is not exactly clear to me}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 
 but they appear to have been}{\fs24\lang2057\langfe1033\langnp2057\insrsid5134677  as purchase of shareholding in the Hawiian company. It }{\fs24\lang2057\langfe1033\langnp2057\insrsid5134677\charrsid11757468 is said by them}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid5134677\charrsid11757468  and there is no evidence contradicting it}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5134677\charrsid11757468  that expenditure was incurred and that the Rolls would have been entitled to claim the benefit of that payment}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5134677\charrsid11757468  whatever it migh}{\fs24\lang2057\langfe1033\langnp2057\insrsid11757468 t be. But on the 8th February 1982 they wrote to the Secretary of the company}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid11757468  Mr Looper}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid11757468  in Honolulu saying}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  that}{\fs24\lang2057\langfe1033\langnp2057\insrsid11757468  they had ha}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 d }{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid11757468 second }{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632 thoughts}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12800001\charrsid6628632  }{\fs24\lang2057\langfe1033\langnp2057\insrsid11757468 about being involved in the company that was formed in Hawaii}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid11757468  and that as they do not think it will trade}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid11757468 
 they think they would like to disassociate themselves from any involvement and ask that their resignation be accepted from the company. Whether that has taken place}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid11757468  we are unaware but if people say they have second thoughts}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid11757468 
 it indicates they had first thoughts and it is confirmatory evidence that they did have an interest in that company. It supports the claim made that an interest was purchased for them by Mr Foote and he is en
titled to judgment for U.S. $500 or its equivalent in New Zealand currency as at the present date.}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11757468 
\par I think that these remarks}{\fs24\lang2057\langfe1033\langnp2057\insrsid13050448  finalise all of the issues with the exception of the }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid13050448 bits and}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8351240  pieces}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 "}{\fs24\lang2057\langfe1033\langnp2057\insrsid8351240  money under para. }{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 (}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8351240 b}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 )}{\fs24\lang2057\langfe1033\langnp2057\insrsid8351240  }{\fs24\lang2057\langfe1033\langnp2057\insrsid13050448 which w
ill have to be the subject of negotiations and}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid13050448  one hopes}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid13050448  settlement between the parties. If however}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid13050448  there is still dispute as to those items}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid13050448  or if it is thought that I have misinterpreted the true situation in respect of the other four}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid13050448  the matter is s
till open and counsel may approach the Court again but there will be considerable reluctance on my part to vary any of the foregoing conclusions}{\fs24\lang2057\langfe1033\langnp2057\insrsid1378817 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid13050448 
 tentative though they still are.}{\fs24\lang2057\langfe1033\langnp2057\insrsid12800001 
\par }\pard \ql \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12593469 {\fs24\lang2057\langfe1033\langnp2057\insrsid4002228 
\par }\pard \qc \li0\ri0\widctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid12593469 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid4002228\charrsid12593469 Speight C.J.
\par }}