Tully v Cresswell - (1913) 33 NZLR 724

Contract — Consideration — Forbearance to sue — Dishonoured Accommodation note — Threatened Proceedings against Endorser — Agreement to pay — Illusory Consideration — Note in Reality paid — Actual Belief of Party forbearing — Want of Reasonable Ground of Belief in Claim — Absence of Real Claim or Bona Fide Compromise — Inequitable Agreement.