16 Jan 1969
UNITED CHINESE BANK LTD v. CHEUNG SUM KEE CONSTRUCTION CO (A FIRM) AND ANOTHER
- Citation
- UNITED CHINESE BANK LTD v. CHEUNG SUM KEE CONSTRUCTION CO (A FIRM) AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA2361/1966
The mortgage's unambiguous wording granted security for general banking facilities up to $220,000 and therefore covered existing indebtedness of the first defendant; accordingly the second defendant, as mortgagor/guarantor under that deed, was liable for the outstanding balance after crediting sale proceeds.