J. W. MITCHELL, LTD. v. IVAN PEDERSEN, LTD.
(1929) 34 Ll L Rep 310
KING'S BENCH DIVISION.
Before Mr. Justice Acton.
Contract - Banking - Establishment of credit by plaintiffs in favour of defendants -Disputed period of credit-Six months or twelve months-Compromise at end of six months-Interdependent obligations-Failure of defendants to repay loan on due date-