“…The judge then referred to the decision of the Court of Appeal in Guild & Co v Conrad [1894] 2 QB 885 upon which Mr Kokelaar for Mr Slade had relied. The judge said of that case at [101]:…”
“… been called in the course of the argument of a contract of indemnity. I will not go through these case as length, but it seems to me that Guild & Co. v Conrad [1894] 2 QB 885 entirely confirms this as being the true view of the distinction between an indemnity and a guarantee which comes within s.…”