Ross v Gilmer and Gilmer - [1932] NZLR 507

Vendor and Purchaser — Agreement for Sale and Purchase of Lands subject to Mortgages — Balance of Purchase-moneys payable and Completion fixed for same Date as Mortgages due — Guarantee of Agreement to a Limited Sum — Guarantor a Principal Debtor — Default as to Interest — Construction — Claim against Guarantor for Sum guaranteed allowed — Claim by Vendor against Purchaser for all unpaid Purchase-moneys — Whether Vendor can succeed without Proof of Readiness to give Title — Effect of Guarantee.