Transaction-Money-lenders Act, 1900 (63 & 64 Vict. c. 51), 8. 1, sub-88. 1, 3.
Under s. 1 of the Money-lenders Act, 1900, a transaction with a money-lender can be reopened when the Court is satisfied that the transaction is "harsh and unconscionable," even though it is not "such that a Court of Equity would have given relief" before the Act.
Decision of Ridley J. in Wilton & Co. v. Osborn, [1901] 2 K. B. 110, disapproved.
This power to give relief can be exercised by the Court of Bankruptcy upon the hearing of a petition by a money-lender for a receiving order against a borrower, the petition being founded on a final judgment recovered in an action in which the debtor did not apply for relief under 8. 1.
Semble, that the interest charged upon a loan may be so excessive as of itself to render the transaction "harsh and unconscionable." In re
A DEBTOR. Ex parte THE DEBTOR - C. A. 705 7. Receiving Order-Scheme of Arrange- ment - Provable Debt carrying Interest above 5 per cent. - Dividend - Bankruptcy Act, 1890 (53 & 54 Vict. c. 71), s. 3, sub-8. 9; 8. 23.
It is competent for a debtor in carrying in a scheme of arrangement under s. 3 of the Bank- ruptcy Act, 1890, with the consent of his creditors and the approval of the Court, to exclude the application of 8. 23 of the Act. In re NEPEAN. Ex parte RAMCHUND Wright J. 794 Undischarged Bankrupt - After-ac- quired Property-Contract of Employment made before Bankruptcy Breach of Contract after Bankruptcy-Right of Bankrupt to sue-Interven tion of Trustee-Bankruptcy Act, 1883 (46 & 47 Vict. c. 52), 8. 44.
An undischarged bankrupt, employed as traveller for a firm under a contract made before the commencement of the bankruptcy, can main- tain an action against the firm for a wrongful dismissal occurring after the commencement of the bankruptcy, the trustee in bankruptcy not having intervened in the action.
Judgment of Phillimore J., [1902] 2 K. B. 397, affirmed. BAILEY V. THURSTON & CO. C. A. 137
Mortgages-Redemption-Consolidation See MORTGAGE. 1. 147 Mortgages of policies-Equitable interests -Notice-Priorities 151 See MORTGAGE. 2. Receiving order-Stockbroker-Right of Stock Exchange creditor to petition in bankruptcy - 216
band able to maintain Child-Poor Law Amend- ment Act, 1834 (4 & 5 Will. 4, c. 76), s. 57— Bastardy Laws Amendment Act, 1873 (36 & 57 Vict. c. 9), 8. 5.
Where an illegitimate child is being main- tained by the guardians of a union or parish, justices have jurisdiction, upon the application of the guardians, to make an affiliation order against the putative father of the child under s. 5 of the Bastardy Laws Amendment Act, 1873, not with- standing that the child's mother has married and her husband is able to maintain it. PLYMOUT GUARDIANS v. GIBBS Div. Ct. 177
BICYCLE-Liability to Toll-Bridge-Carriage “hung on Springs "-5 Geo. 4, c. cxiv. s. 78. By 8. 78 of 5 Geo. 4, c. cxiv., the owners of a bridge across the Teign were authorized to take the following (amongst other) tolls for passage hearse, chaise, berlin, landau and phaeton, gig, over the bridge: "For every coach, chariot, whiskey, car, chair, or coburg, and for every other carriage hung on springs, the sum of six- Pence for each wheel, and for each horse or other beast of draught drawing the same the sum of twopence":-
Held, that a bicycle ridden over the bridge was not within the section.
Quære, whether a bicycle is a "carriage hung on springs."
Cannan v. Earl of Abingdon, [1900] 2 Q. B. 66, considered. SIMPSON v. TEIGNMOUTH AND SHALDON BRIDGE COMPANY C. A. 405 Liability to Toll-" Sledge, Drag, or such like Carriage"-39 Geo. 3, c. xxviii. (Local).
By a special Act, passed in 1799, the trustees
of a bridge were authorized to demand before any passage should be permitted over the bridge the following (amongst other) tolls: "For every sledge, drag, or such like carriage, the sum of sixpence
Held, that the clause did not authorize the charge of sixpence in respect of a bicycle passing over the bridge. SMITH v. KYNNERSLEY C. A. 788 BILL OF EXCHANGE—Promissory Note-Joint and Several-Proviso as to giving Time to either Party-Bills of Exchange Act, 1882 (45 & 46 Fiet. c. 61), 8. 83.
The plaintiff sued as holder of a document described as a joint and several promissory note, which provided for the payment of certain money 735 by instalments, the whole to become due on de- fault in payment of any one instalment. It con- tained the following clause: "No time given to, or security taken from, or composition or arrange- ment entered into with, either party hereto shall prejudice the rights of the holder to proceed against any other party' :-
BANKRUPTCY RULES, 1886, rr. 125, 183. See BANKRUPTCY. 3. BARRISTER-Solicitor - Misconduct Inquiry -Necessity of appearing by counsel See SOLICITOR. 2. 857 BASTARDY- Jurisdiction of Justices-Illegi- timate Child "chargeable" to Parish Cost of Relief - Marriage of Mother Application by Guardians against Putative Father, where Hus-
Held, that the document was a valid promis- Bory note within the meaning of s. 83, sub-s. 1, of the Bills of Exchange Act, 1882.
See SHIPPING. 2. Harter Act (Act of Congress of U. S. A., 1893), s. 3-" Faults or errors in manage- ment of vessel" See SHIPPING. BILL OF SALE-Hiring and Purchase Agree- ment-Intention of Parties to Agreement-In- ference to be drawn from Facts-Bills of Sale Act, 1878 (41 & 42 Vict. c. 31), 8. 4—Bills of Sale Act, 1878, Amendment Act, 1882 (45 & 46 Vict. c. 43), 88. 3, 9.
The owner of an hotel contracted with a pur- chaser for the sale of the hotel, and the chattels therein, for a lump sum. The purchaser, being short of a portion of the purchase-money, applied to the defendants for a loan on mortgage, which was refused; but it was arranged that the defend- ants should offer to purchase the chattels, and their offer was accepted and the money paid to the vendor. The defendants then entered into an agreement with the purchaser of the hotel for the hiring and purchase by instalments by him of the chattels, and this agreement contained a licence to seize the chattels on certain defaults being made. The purchase of the hotel was then completed, and the purchaser entered and carried on the business. Subsequently the defendant seized the chattels on a default being made. The purchaser became bankrupt, and his trustee claimed the chattels, and brought this action to recover them. The learned judge before whom the case came decided that the true inference from the facts was that the money paid by the defendants was a loan to the purchaser of the hotel to enable him to complete the purchase, and that the hire-purchase agreement was a security for that loan, and was void for want of registration under the Bills of Sale Acts, and gave judgment for the plaintiff. On appeal:-
Held, that there was evidence to support the conclusion that the defendants had advanced the money by way of a loan upon the security of the hire-purchase agreement, and that, as the only claim of the defendants to the chattels arose under that agreement, which was void for want of registration as a bill of sale, the plaintiff was entitled to recover.
lease Notice-Liability of lessee for past breaches of covenant See LANDLORD AND TENANT. 2. BREACH OF TRUST-Unauthorized investment -Bankruptcy of trustee-Proof against bankrupt's estate
CARRIER-Common Carrier-Inherent Unfitness of Thing to be carried-Damage arising from— Liability of Carriers.
The defendants contracted with the plaintiff as common carriers to carry for him an engine from his yard to a neighbouring town on the defendants' railway. The engine was on wheels and fitted with shafts to allow of its being drawn by horses. While the defendants were drawing the engine with their horses to the railway station one of the shafts, owing to its being rotten, broke ; the horses took fright and upset the engine, which was damaged. The defective condition of the shaft was not known to either the plaintiff or the defendants, and could not have been discovered by any ordinary examination :-
Held, that as the engine was not in fact fit to be carried in the way in which it was intended to be carried, and the damage resulted in conse- quence of that unfitness, the defendants were excused. LISTER v. LANCASHIRE AND YORKSHIRE RAILWAY COMPANY - Div. Ct. 878
2. Lighterman-Contract-Exemption for Loss of Goods which can be covered by Insurance' C. A. 226-Negligence of Carrier's Servants-Liability of Carrier
Judgment of Wright J., [1902] 1 K. B. 137, affirmed. TRUSTEE OF G. MELLOR (A BANKRUPT) v. MAAS BOROUGH.
Goods were loaded on a barge under a con- tract for carriage by which the barge owner was exempt from liability "for any loss of or damage to goods which can be covered by insurance." The barge was sunk owing to the negligence of Bona fide advice - Conspiracy-Intent to the servants of the barge owner, and the goods injure were lost:-
Discussed by Div. Ct. SMITH v. MOODY [1903] 1 K. B. 56
Rochdale Union and Haslingden Union, In re, [1899] 1 Q. B. 540.
Followed by C. A. IN THE MATTER OF GODSTONE RURAL COUNCIL AND CATER- HAM URBAN COUNCIL [1903] 1 K. B. 554 Sulmon, In re (1889) 42 Ch. D. 356-8. Dictum of Kekewich J. in, applied by Wright J. In re LAKE
[1903] 1 K. B. 439 Scoble v. India (Secretary of State in Council for), [1902] 2 K. B. 413.
Reversed by C. A. [1903] 1 K. B. 494 Shubrook v. Tufnell, (1882) 9 Q. B. D. 621. Followed by C. A. BozsoN . ALTRIN- CHAM URBAN COUNCIL [1903] 1 K. B. 547
Simm v. Anglo-American Telegraph Co., (1879) 5 Q. B. D. 188.
Approved of by C. A. KIRKWOOD v. CARROLL
[1903] 1 K. B. 531 Young v. Turing, (1841) 2 Man. & G. 593; 58 R. R. 477, 184.
Dictum in, at p. 601, not followed by C. A. ANGEL v. MERCHANTS' MARINE. INSURANCE CO. [1903] 1 K. B. 811 CHARGING ORDER-Jurisdiction-Application. to enforce charge by order for sale of shares See PRACTICE. 2.
See Cases under SHIPPING.
CHOSE IN ACTION— Assignment-Contract to sell Reversionary Interest-Assignment by Pur- chaser of Benefit of Contract-Right of Assignee to sue Vendor for Damages-Legal Chose in Action -Judicature Act, 1873 (36 & 37 Vict. c. 66), 8. 25, sub-8. 6.
Judgment of the Divisional Court, [1902] 2 K. B. 427, reversed. TORKINGTON v. MAGEE C. A. 644
Judgment of Lindley J. in, dissented CLAY-Compulsory purchase-Mines and mine- from by Lord Alverstone C.J. SHEF- FIELD CORPORATION v. BARCLAY
See MINES. COAL-Ship-Warranty of seaworthiness-Pro- vision that charterers should provide 362
Smith v. Gold Coast and Ashanti Explorers, Limited, [1903] 1 K. B. 285. Affirmed by C. A. [1903] 1 K. B. 538
COMPANY-Call unpaid-Forfeited Shares Sale of Power to make Fresh Call on Purchaser -Companies Act, 1862 (25 & 26 Vict. c. 89), Sched. I., Table A, art. 22.
COMPENSATION—continued. Workmen's Compensation Act!
See Cases under EMPLOYER AND WORK-
COMPOSITION-Proposal of, after discharge of bankrupt
A. was the holder of certain partially paid shares in the plaintiff company. The plaintiff's having called up the balance remaining unpaid on the shares, A. neglected to pay the call. The plaintiff's then declared A.'s shares to be forfeited, COMPROMISE-Company-Winding-up-Liqui and sold the shares so forfeited to the defendants; and issued to the defendants a certificate in which
they stated that the unpaid call was payable by A., and that the defendants were to be deemed to be the holders of the said shares "discharged from all calls due prior to the date hereof." Subse- quently the plaintiffs made a fresh call upon the defendants on account of the balance of the shares which still remained unpaid. The defendants refused to pay, upon the ground that the plain- tiff's having once called up the unpaid balance of the shares had exhausted their power of making calls, and that by the terms of the certificate, which followed the language of Table A, art. 22, in Sched. I. of the Companies Act, 1862, and was consequently intra vires, the remedy of the plain- tiffs for the unpaid portion of the shares was against A. alone:-
Held, that the defendants were liable to pay the fresh call; that the object of art. 22 was only to enable the company to give a good title to the purchaser of the forfeited shares, and that it relieved him only from liability in respect of calls due prior to the purchase, and did not discharge him from the obligation to pay fresh calls for the amount unpaid on the shares. RANDT GOLD MINING COMPANY . NEW BALKIS EERSTELING LIMITED - C. A. 461
2. Winding-up—Liquidator-Power to compromise Action-Extraordinary Resolution- Companies Act, 1862 (25 & 26 Vict. c. 89), s. 160. ¦ A compromise by the liquidator of a company in voluntary liquidation of a claim by the company against a third party is, if not set aside, binding on the company, although entered into by the liquidator without obtaining the sanction of an extraordinary resolution of the company under s. 160 of the Companies Act, 1862. CYCLE- MAKERS' CO-OPERATIVE SUPPLY COMPANY V. SIMS Div. Ct. 477
Charging order-Practice-Jurisdiction― | Application to enforce charge by order for sale of shares - 534 See PRACTICE. 2. Income tax-Company resident in the United Kingdom-Holding preponde- rating majority of shares in company abroad
dator-Power to compromise action 477 See COMPANY.
CONSIDERATION — Executed - Corporation—
Contract not under seal See CORPORATION.
CONSOLIDATION—Mortgages-Bankruptcy 147 CONSPIRACY-Conviction insufficiently describ- ing offence-Summary jurisdiction 56 See CRIMINAL LAW. 1.
Inducing breach of contract-Bonâ fide advice-Intent to injure - 118 See ACTION.
COMPENSATION -Lands compulsorily taken CONveyancing and LAW OF PROPERTY—
See HOUSING OF WORKING CLASSES.
See LANDS CLAUSES ACTS. 1.
Mortgages-Consolidation - 147 See MORTGAGE. 1.
Land injuriously affected-Interest created CONVICTION-Insufficiently describing offence
jurisdiction - See JUSTICES.
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