Brown v Aimers - [1934] NZLR 414

Principal and Surety — Memorandum of Mortgage payable "on demand" guaranteed by Surety — Subsequent Collateral and Additional Chattel Security payable "upon demand" taken without Surety's Assent — Giving Time — Discharge of Surety — Chattels Transfer Act, 1924, ss 50, 51; 4th and 5th Schedules.