THE LIBRARY OF THE UNIVERSITY OF CALIFORNIA LOS ANGELES SCHOOL OF LAW PRINCIPLES um or PERSONAL PEOPEETY, INTENDED FOR THE USE OF STUDENTS IN CONVEYANCING. RY JOSHUA WILLIAMS, ESQ., or Lincoln's inn, one of uer majestt's counsel. SEVENTH EDITION. LONDON: H. SWEET, 3, CHANCERY LANE, FLEET STREET, Hah) 13oofe6ElIcr antj IJubltsfjrr ; nODGES, SMITH & CO., GRAFTON ST., DUBLIN. 1870. T LONDON: PRINTED BY C. ROWORTH AND SONS, NEWTON ST., HIGH HOLBORN. ADVERTISEMENT TO THE SEVENTH EDITION. In this Edition the alterations which have taken place in the Law since the publica- tion of the last Edition have been incor- porated in the Text. The chapters on Bankruptcy and part of the chapter on Debts have been re- written. 3, Stoxe Buildings, Lincoln's Inn, Dec. 18G9. Uv*^-' PREFACE TO THE FIRST EDITION. The following pages are intended as supplementary to the author's " Principles of the Law of Real Property." At the time when that work was written, the plan of the present treatise was not matured, and a chapter " On Personal Property and its Alienation " was inserted in that work. The contents of that chapter will be found interspersed in parts of the present volume ; and should a second edition of the " Principles of the Law of Real Pro- perty" be called for, it is the author's intention to omit that chapter of his former work, and to supply its place by some further remarks on such ele- mentary parts of the law of real property as may appear to have been but slightly touched upon before. The very favourable reception which the author's work on the law of real property has met with from the profession has encouraged him to undertake in the present work, a task, he believes, VI PREFACE. hitherto unattempted : for it is singular that, not- withstanding the rapid growth and now enormous value of personal property in this country, no treatise has yet appeared having for its object the intro- duction of the student in conveyancing to that large and increasing portion of his study and prac- tice which comprises the law relating to such pro- perty. As to real property, he may take his choice amongst three or four publications, all having the same object of facilitating his studies ; but the law of personal property, though sufficiently treated of in all that relates to it as purely mercantile, has not yet had any elementary treatise on its principles, so far as they affect the practice of conveyancing. The present work is an attempt to supply this deficiency, and, in conjunction with the author's " Principles of the Law of Real Property," to afford the student a brief and simple introduction to the whole system of modern conveyancing. The no- velty of the attempt has, however, increased the difficulty of the task. The author has endeavoured proportionably to increase his diligence and care. He can, however, scarcely hope to have escaped all errors. And here he would caution the student against too implicit a reliance on the dicta of text PREFACE. VU books. Elementary books cannot from their nature be completely accurate. As helpers to more perfect knowledge, they may be most valuable. But it would be as great a mistake for a student to remain satisfied with his knowledge of a text book, as for an author to compress into an elementary work all that could possibly be said on the subject. 7, New Square, Lincoln's Inn, 23rd May, 1848. TABLE OF CONTENTS. ■♦- INTRODUCTORY CHAPTER. PAGE Of the Subjects and Nature of Personal Property 1 Part I. OF CHOSES IN POSSESSION 9 CHAP. I. Of Chattels which descend to the Heir 9 CHAP. II. Of Trover, Bailment and Lien 23 CHAP. III. Of the Alienation of Choses in Possession 34 CHAP. IV. Of Ships 55 Part II. OF CHOSES IN ACTION 63 CHAP. I. Of Actions ex delicto 63 CHAP. II. Of Contracts 70 X TABLE OF CONTENTS. PAGE CHAP. III. Of Debts , 96 CHAP. IV. Of Bankruptcy op Traders 132 CHAP. V. Of Bankruptcy of Non-traders 166 CHAP. VI. Of Insurance 175 CHAP. VII. Of Arbitration 1 83 Part 111. OF INCORPOREAL PERSONAL PROPERTY .... 198 CHAP. L Of Personal Annuities, Stocks and Shares 198 CHAP. II. Of Patents and Copyrights 235 Part IV. OF PERSONAL ESTATE GENERALLY 259 CHAP. I. Of Settlements of Personal Property 259 CHAP. II. Of Joint Ownership and Joint Liability 302 CHAP. III. Of a Will 321 TABLE OF CONTENTS. XI PAGE CHAP. IV. On Intestacy 354 CHxiP. V. Of the Mutual Eights of Husband and Wife 369 Part V. OF TITLE 395 — ♦ — Appendix (A.) 413 Appendix (B.) 418 Index 431 INDEX TO CASES CITED. A. Abbot v. Blofield Abbott r. Eogers Abergavenny, Earl of, Morgan v. Abingdon (Lord), Clarke v. . . Acaster, Eogers v. Accidental Death Insurance Company, Shilling v. Ackerman, Ex parte . . Acton V. Acton M"Neillie v. PAGE . 376 . 215 20 108 381 176 313 345 315 V. White 386 V. Woodgate . . . . 299 Adam v. Statham . . . . 1 92 Wilkinson v. . . 349, 350 Adams, Malkin I'. .. .. 133 t>. Paynter .. ..291 Adcock, Ross v. . . . . 69 Walter t) 127 Woodv 192 Addenbrooke, Foley v. . . 304 Addison v. Round . . . 25 Adney, Wennall v. ., . . 76 Aflalo, Grove v. . . . . 43 Agar V. Lisle . . . . . . 24 Aitcheson v. Cargey . . . . 192 Cargey r. .. ..191 Aldous V. Comwell . . Alexander v. Alexander ■ Dover v. 273 350 29 267 35 344 268 382 Alford, Sunbolf v. Alger V. Parrott Allatt V. Carr . . Allen, Brown v. Festing v. . . Hobby V. .. V. Smith 29 Alleyn v. Alleyn . . . . 346 All wood V. Heywood . . . . 12 Alsager v. Spalding . . . . 122 Ambergate, &c. Railway Com- pany tJ. Norcliffe .. ..212 Amcotts, Phelp v 296 American Leather-Cloth Com- pany Limited, Leather-Cloth Company Limited v. 256, 257 PAGE Ames V. Parkinson . • . . 201 Amicable Assurance Society v. BoUand 176 Amies v. Skillem . . . . 303 Amis, Witt v. . . . . 327 Amyot, Brown v. . . . . 264 Anchor Reversionarj' Company Limited, Marriott v. . . 60 Anderson v. Coxeter . . . . 193 Currier. .. .. 41 V. Martindale . . 304 Petty V 383 Price V 263 Andrew r. Andrew . . . . 262 Andi'ews v. Diggs . . . . 98 Kempe v. .. . . 305 V. Partington . . 280 Windier 86 Angerstein, Tidswell r. . . 177 Angier v. Stannard . . . . 293 Annandale, Brown v. . . 238 Annesley, Macleod v. . . 283 Anon., 1 Atk. 262 .. ..155 1 Salk. 71 . . . . 190 2Ventr. 218 .. ..51 Anstruther, Ouseley v. . . 201 Antrobus, Cunningham v. . . 378 ?'. Smith .. ..36 Appleby, Pickering v. . . 204 Arbouin, Pritchard v. . . 349 Archer, Eyre r. . . . . 126 V. Gardiner . . . . 377 V. Kelly . . . . 296 V. Marsh . . . . 91 Armistead, De Begnis r. . . 89 Armory v. Delamirie . . 25, 26 Armstrong, TuUett v. 385, 386 Arnold, Rawsthom t;. .. 194 Ashbm-ner, Fletcher v. . . 287 V. M'Gurre . . . . 344 Warden v 264 Ashby V. Ashby . . . . 379 Lloyd V 318 Yevev 318 Ashford, Davies v. . . . . 287 Ashley v. Ashley . . • . 176 XIV INDEX TO CASES CITED. Ashton V. Lord Langdale Askew, Carey v. Newton v. Aspinall v. Pickford . . Aston, Harvey v. Atcheson, Scarpellini i\ Atherton, Lackington r. Atkinson v. Bell Cla]5man v. . . Atkyns i\ Kinnicr Attenborough, Morley v. Att.-Gen. v. Bouwens V. Davies V. Davison Drake v. Glubb V. V. Graves PAGE . 348 . 323 . 298 . 30 . 370 . 376 . 44 . 40 126, 128 122 71, 72, 91 399 336 349 191 387 348 348 V. Hertford, Marqnis 342 T. Hope . . . . 336 V. Malkin .. ..267 March r 848 V. Meyrick . . . . 347 V. Tyndall . . . . 349 Attwater v. Attwater . . . . 345 Attwood V. ISIunuings • . . . 398 Aubert v. Maze . . . • 89 Aubin^'. Daly 199 Anldjo, Wallace r 378 Avery v. Langford . . . . 91 Scott r 184 Axtell, Young v. . . . . 315 Ayton V. Ayton . . . . 351 B. of Badcock, Saddlers' Company v. 179 ~ ' ..192 .. 50 .. .850 .. 899 351, 852 .. 299 .. 116 .. 320 .. 327 .. 351 .. 319 .. 292 .. 303 .. 269 .. 387 .. 368 .. 54 .. 31 .. 169 Badger, In re V. Shaw Bagley r. Mollard Bagueley v. Hawley Bagwell V. Dry Law V. Bailey v. Edwards V. Macaulay Baily, Snellgrove v. Bain v. Lescher Bainbridge, Hedley v. Bainbrigge v. Blair Baine, Willing v. Bainton v. Ward Baker v. Bayldon V. Bradley Heslop r. . . V. Henderson Leonard v. PAGE Baker, Lyon v. .. . . 292 Mos'ley v. .. . . 282 Balch V. Symes . . . . 31 Baldey v. Parker . . . . 41 Baldry, Norman v. . . . . 341 Baldwin, Ex parte Foss, Ee . • 255 Lloyd V 288 Balfour v. Ernest . . . . 320 • r. Welland .. ..288 Balgny, Broadhurst r. . . 293 Ball, Caldwell c 62 Gambart v. . . . . 251 Bamfield i: Tupper . . . . 82 Bamford, Brown v 386 Bank of England, Churchill v. 207 Eranklinv. .. 208 V. Lunn . . 206, 208 V. IMoffatt . . . . 208 V. Parsons . . Richardson v. Banks, Bell v r. Gibson Banner r. Lowe Bannister, Eicholtz v. Haley v. . , Moodie v. . . Banwen Iron Co. v. Barnett Bai-ber v. Barber Buckley v. . . ?'. Fox . . Knight V, Mills r. Barchard, Savill v. Barclay, Ex parte Hidson v. r. Wainewright Bardcll, Rex v. Barden, In the Goods of, Barham, Moor ?». Power ;". Baring v. Day . . Barker v. Lea . . ■ Price V. Re Stamper r, V. Stead Barlow, EiTat v. Barnard, Earl of Glengall v. Lyde V. Barnes, Skey v. Barnett, Brandao ■?'. . . Banwen Iron Co. v. Van V. . . Barrack ?'. M'Culloch Barrett zk Parry Ban-ie, Glover v. Barrow, Lysons v. BaiTows, Hall v. 208 213 116 258 265 399 279 402 216 351 305 107 204, 280 84 30 14 128 263 186 328 362 399 30 378 311 180 888 320 279 347 84, 409 277 30 216 287 298 189 191 334 256, 257 INDEX TO CASES CITED. Beit's Trusts, In re . . Barry, Haly v. V. Nesham Bai-tholoniew, Drybutter v. Bartlett v. Bartlett . . Ex pai'te ?'. Gillard Barton v. Barton Beckton v. r. Briscoe V. Crofts PAGE . 408 . 207 . 316 . 210 . 408 . 389 . 346 . 369 . 347 . 386 . 43 . 374 . 116 , 312 . 27 Barton's Will, In re . . Bartrop, Eyre r. Bassett, Way r. . . Bastard, Nicholls v. • • Bate, Hunt v 73 Bateman, Brown v. .. . . 35 Bateman v. Davis . . . . 285 V. Ross . . . . 3SS Bates -y. Cooke . . .. .. 183 Foster v. . . Turby v. ,. Bates & Redgate, Re Bath, Ex parte . . Bayldon, Baker v. Baylis, Chowne v. Beale v. Beale . . Bear v. Bromley Beard, Boulton v. V. Egerton .. 357 .. 40 .. 238 .. 133 .. 378 47, 397 .. 274 .. 214 .. 293 239, 241 Beaufort, Duke of, Wellesley v. 388 Beaumont v. Oliveira . . . . 349 Beaumont v. Reeve . . . . 76 Beavan v. Earl of Oxford . . 206 Beck, Newton v. . . . . 11 , Ward V. .. . . . . 57 Beckett, Donaldson v. . . 246 Beckford, Greening r, . . 409 Beckham ■?'. Drake .. 312,316 Beckton v. Barton . . . . 347 Beddoes, Brampton v. . . 91 Beer v. Beer 264 Belding v. Read . . . . 34 Bell, Atkinson v. ., . . 40 V. Banks 116 V. Bidgood . . . . 98 Bowlby I'. .. ..230 Hamilton v. . . . . 54 Hobson -y .. 410 Meux tf 408 Sanderson v. . . , . 29 Bellaris, Brown v. . . . . 298 Bellasis v. Ermine . . . . 370 Belton V. Hodges . . . . 134 Benedict, Montague v. . . 383 • Seaton v 382 Benham r. Broadhurst . . 1 27 Bennett v. Burton . . . . 170 Bennett, Ex parte Page 11. . . Benning, Sweet r. Bensley v. Bignold Benson v. Maude Bentall v. Burn Bentley v. Mackay Benyon v. Maddison . . Berchtoldt, Countess of, Earl of Lonsdale v. Bern, Hardy v.. . Bernard, Coggs v. Berndtson v. Strang . • Bernes, Stanley v. Bemey, West v. Berriman v. Peacock . . Berrington v. Evans Best, Paull v. . . Betts v. Barch. . V. Kimpton V. Menzics Bevan, Ex parte V. Walters PAGE . 344 . 180 , 247 . 89 . 341 . 42 . 298 . 266 266 .. 109 .. 27 .. 45 ., 325 .. 274 .. 18 102, 297 .. 155 .. 71 .. 376 .. 237 .. 313 .. 29 .. 18 . . 90 .. 166 .. 98 .. 89 Bewit, Whitfield v. . . Biddell v. Leeder Biddlecomb ik Bond . . Bidgood, Bell -v. Bignold, Bensley v. Bill V. Cureton 298 Billingsley, Lady Shore v. . . 303 Bingham, Pardo v. . . . • 402 Binks, Harland « 299 Binnington c. Wallis . . 74, 90 Binns, Swallow v. . . .. 277 Birch, Watson v. • ■ . . 401 Bird V. Boulter 43 V. Browai . . . . . . 44 V. Gammon . . . . 82 Morley v 303, 351 V. Ralph 68 Bishop V. Elliott . . . . . . 15 Bishopp v. Colebrook . . • . 381 Bissett V. Burgess . . . . 69 Bittleston, Quartermaine v. . . 54 Bkck, Willis ^) 296 Blackburn, Hobson v.. . . . 349 Bhickburne, Strode v.. , . . 12 Blacklow V. Laws • • . . 384 Blades v. Higgs . . . . 22 Blair, Bainbrigge v. • • • • 292 1'. Bromley .. ..318 -y. Nugent.. .. .. 401 Blake, Dundas I' 406 Ex parte . . . . 296 V. Izard . , . . . . 35 r. White .. ..116 Blakelock, Stevenson v. . . 30 Bland, Ex parte .. ..134 XVI INDEX TO CASES CITED. PAGE Blantem, Collins v 88 Bligh V. Brent 305 Blight, Loveacres d. Mudge v. 307 Blisset V. Cranwell . . • • 307 Blofield, Abbot t; 376 Bloomer v. Darkes . • • • 128 Blount V. Burrow . • . • 328 Bloxham v. Sanders . . 43, 46 . -u.Elsee .. ..241 Blunden v. Desart . . . . 31 Blurton, Kirk 'y. .. •• 318 Blythe v. Granville . . . . 296 Boaler t?. Mayor .. ..116 Bodley v. Reynolds . . . . 46 Bogue V. Houlston . . . . 251 Boldero, GodsaU v. . . • • 177 Lushington v. . ■ 18 Bolland, Amicable Assm-ance Society v. V. Disney . . Bollett, Bumby v. . . . • Bond, Biddlecomb v. •. • Smith V. .. Booker, Van Casteel v. Boosey r. Jefferj-s Jefferys v. Booth V. Booth. . Kirkman v. • • Martindale t\ . . Whale V. Boothby, Morley i\ . . Borman, Scarborough v. 38 Boss V. Godsall . . Botfield, Bradbume «... Boucher, Prescott v. . . Boughton, Knight v. . . ■ Lord St. John v. • Boulter, Bird v Boulton V. Beard V. Bull . . _ Bourne, Dowbiggin r. . . ■ V. Fosbrooke . . Hawken v. Boutts v. Ellis Bouwens, Attorney-General v. Bowden, Jones v. Bower, Nicholson ^^ . . V. Harris Mexborough v. Boweren, Grymes v Bowes, Countess of Strathmore V. Bowker, Wilmshurst v. Bowlby t'. Bell Bowles's case . . Bowley, Reynolds v. . . Bowman, Mullen r. . . Bowser v. Cox . . 176 176 399 166 108 45 246 248 203 315 48 339 79 386 . 286 . 304 . 377 . 264 • 401 . 43 . 293 , . 239 ,. 114 26, 36 , . 319 . . 327 336 400 41 121 183 14 Bowsher, Davis v. Bowyer v. Woodman Boyd V. Boyd . . V. Shorrock BoydeU v. M'Michael . 383 45 230 19 314 352 116 PAGE .. 30 .. 403 .. 361 .. 50 .. 16 Boyle V. Bishop of Peterborough 272 Ex parte 155 Bracebridge v. Cook . . • . 374 Bradbume v. Botfield . . . • 304 Bradley, Baker v. . . . . 386 V. Copley . . 25, 49 Hampshire v. . . . . 293 Perkins v. . . . . 47 Wren v. . . . • 387 Bradsey ^•. Clyston .. ..189 Bradshaw, Custance v. • • 305 Yeoman tJ. .. •• 110 Bradyl, Bixrridge v. . . . . 346 Braithwaite v. Britain . . 312 t\ Skinner . . 6 Bramah v. Roberts . • . . 319 Brampton t\ Beddoes . . . . 91 Bramwell v. Eglinton. . . . 172 Brandao v. Bamett . . . . 30 Brander v. Brandcr • . . . 263 Brandon v. Robinson,' . . . . 385 Brathwait, Larapleigh v. . . 73 Brearey, Roundell v. . . . . 297 Brembridge, Evans v.. • . . 311 Brent, Bligh v 305 Brereton, Drosier r. . . • . 282 Brett V. GreenweU . . • . 377 Briant, Philpot v 117 BricetJ. Stokes 293 Bridge v. Bridge . . . . 298 -y. Cage 90 1;. Yates .. ..303 Bridges, Etty r 409 v. Hawkesworth . . 26 Brierley iK Kendall . . . . 49 Briggs V. Chamberlain . . 382 Bright, Jones v.. . • . • . 400 Bright's trusts 407 Briscoe, Barton v. . . . . 386 Hanchctt r 381 Brise, Matthews v 282 Bristead v. Wilkins . . . . 207 Bristol and Exeter Railway Company, Coombs 'V. . . 42 Bristowe v. Warde . . . . 273 Britain, Braithwaite v. • • 312 British Empire Shipping Com- pany r. SomeB . . . . 29 Broadbent, Mason r. .. . . 403 Broadhurst v. Balguy . . . . 293 Benham v. . . 127 Brockelbank, Stocker v. . . 316 Bromage v. Lloyd . . . . 85 INDEX TO CASES CITED. XVll Bromhead, Wilkius i Bromley, Bear v. Blair v. Bromley v. Brunton Brooke r. Enderby V. Haynes V. Mitchell 188 Brooks V. Keith Broom v. Broom Broughton ^1. Broughton Brown v. Allen V. Amyott V. Aunandale . . V. Bamford V. Bateman V. Bellaris Bird V. .. Collins' Co. V. V. Edgington . . Jennings v. V. Lee . . Metropolitan Counties, &c. Society c. . . V. Pocock Richardson v. V. Vawser Wakefield v. . . r. Weatherby . . Cavendish . . Browne v. V. Hammond . ■ Pfleger v. r. Savage Brownlow, Nixon r. . . Brownrigg, Bryson r. Brownsmith, Wilson r. Brumridge r. Brumrid^ Bruning, Smith v. Brunton, Bromley v. . . Bryan v. Clay . . Hemsworth v. . Bryans v. Nix . . Bryant, Hollis v. Laythoarp v. . Bryce, Cannan Bryson v. Brownrigg . . Buchanan, Fleming v. Buck, Sutton v. Buckhurst's case Buckingham, Earl of, v. Dru Buckland r. Johnson .. Buckley v. Barber V. Gross Earl of Stafford v. Ex parte Buckley's trust Bull, Boulton 'V. V. Faulkner Bunn r. Markham W.P.P. PAGE . 40 . 214 , 318 . 327 , 315 . 330 189 296 305 292 344 264 238 386 35 298 44 256 400 76 115 14 385 399 197 304 312 299 352 120, 122 . 408 . 212 . 327 . 345 . 294 . 370 . 327 . 69 . 188 . 37 . 167 . 81 89, 92 . 327 . 269 27 10 372 46 305 26 199 318 294 239 31 327 PAGE Burch, Betts v. . . ..71 Burdiss, CaiT v. . . . . 38 Burford, Dix v 293 Burge, Heyhoe tJ. .. .. 316 Burgess, Bissett v. . . . . 69 Ransome r. .. .. 280 Tappenden c. .. 123 Williams v. . . 101 Burghart, Lane v. ,. . . 79 Burke v. Jones . . . . 405 Burley, Gilly v 263 Burn, Bentall v 42 r. Bum .. .. ..319 Bumbv r. Bollett . . . . 399 Burnell, Gale ;•. . . 34, 49 Burnet r. Mann , . . . 362 Burridge v. Bradyl . . . . 346 Burrough v. Moss . . . . 375 BiuTow, Blount v 328 Burrowes, Stuart v. . . . . 332 Bm-ton, Bennett i\ . . . . 170 Goode V. . . . . 11 i\ Hughes . . . . 28 Bury, Petrie v. . . . . 302 Bush, Hart v 42 'V. Shipman . . . . 122 Bushell v. Wheeler . . . . 41 Busk r. Davis . . . . . . 40 Pickering v 398 Butcher v. Butcher . . . . 296 V. Jackson . . . . 275 Butler, Falkner v 273 Butterfield, In re . . . . 315 Byers, Wilkinson v. . . . . 120 B}Tig r. Lord Strafford . . 266 Byi-ne, Ward v. . . . . 91 Byron v. Byron . . . . 78 Bywater, Wrightson v. . . 191 Cadogan v. Earl of Essex . . 286 Cage, Bridge v. . . . . 90 Caldwell v. Ball . . . . 62 Calvert v. London Dock Com- pany . . . . . . ..116 Camm, Goulder v. . . . . 386 Campbell r. Campbell . . 292 V. Home . . . . 275 Macarthur v. . . 194 Campion v. Cotton . . . . 74 Candish, Wilkinson v. . . 133 Cannan v. Bryce . . 89, 92 Cannings v. Flower . . . . 279 Careless, Rachfield r. . . 352 Carew, Clive t'. . . . . 386 Carey r. Askew . . .323 XVIU INDEX TO CASES CITED. Carey, Collins v. Cargie r. Aitcheson . . Aitchesou v. . . Carlisle, Earl of, Lechmere '•. Carlon, Clack v. Carpenter v. Smith . . Tebbs V Carr, Allatt v. V. Burdiss Carrick, Freshney v. . . Carrington, Ex parte . . Carruthers, Parkin v. . . Carstairs, Ex parte . . Maltby v Carter v. Crick ■ V. Taggart . . 264, V. Whalley Cartwright v. Cartwright 1\ Vawdry Carver, Waugh v. . . 316, Case, Hartley v. South Carolina Bank v. Cassell, In re . . V. Stife . . Castle V. Sworder Castrique, Ilderton v. . Catchpole, Cook v. Caulfield v. Maguire . Cautley, Foster v. Cave V. Cave . . Farquharson v. . V. Roberts Cavendish, Browne v. Chadvvick *'. Doleman. Chaloner, Horsley v. Chamberlain, Briggs v. • V. Williamson . Chambers, Willet v. . . Champernown v. Scott Champneys, Sturgis v. Chandler, Kensington t\ Channon v. Patch Chanter v. Hopkins Chaplin, Ex parte V. Rogers Chapman, Howse v. May 'V. V. Milvain Charlesworth, Malcolm Chase, Goodman r. Cherry v. Hemming Cheslyn v. Dalby Chesterfield and Midland Silk- stone Colliery Co. Limited v. Hawkins Cheyne, Eccles v. Chichester, Coventry r. Smith V AGE 292 191 192 287 292 237 201 35 38 49 133 314 116 116 399 379 315 387 350 319 87 319 196 254 42 127 184 114 272 16 327 364 299 273 342 382 67 318 31 377 298 18 399 282 36 347 87 214 379 79 80 82 127 352 347 31 Chidell V. Galsworthy . Child V. Morley Chiswell, Gray v. Chitty, Hulme jj. ChoUett V. Hoffman . Cholmeley r. Paxton . Chowne v. Baylis Chmrchill r. Bank of England V. Small Churchward v. Studdy Cburton v. Douglas . Citv of London Steam Packet PAGE 35 203 312 388 245 19 47, 397 207 12 21 257, 258 Company, Fenton r. Clack i'. Carlon Clancy c. Piggott Clapman v. Atkinson . Clare, Ridgway v. Claridge, Hollis v. Clarke v. Abingdon, Lord, Groves v. . . Hopkins v. ?'. Parker . . Rawlinson v. In re V. Seton . . V. Shee . . Smith V. . . v. Williams Clarkson, Wild c. Clay, Bryan v. . . Clayton v. Kynaston Cleave v. Jones Clegg V. Clegg.. V. Rowland Clift V. Schwabe Climie v. Wood Clive, Carew v. Close V. Close . . v. Waterhouse Clough V. French V. Lambert Clulow, In re . . Clyston, Bradson r. Cobb, Rishton v. Cock, Lashbrook v. Cockburn, Daubney v Ex parte V. Peel Cocksedge v. Cocksed, Coggs V. Bernard Coker, Hitchcock v. .Col beck. In re . . Cole, Kearsley v. Kerrison *;. Colebrook, Bishopp v. Colegrave v. Dias Santos Coles V. Turner Collectors of Customs, Rex v, 308 62 292 79 6, 128 313 31 108 378 172 370 316 318 108 395 85 126 108 69 311 82 296 342 176 14 386 116 30 105 388 264 189 369 307 275 127 284 387 27 91 316 311 90 381 14 127 305 INDEX TO CASES CITED. Collett, Meryon v. r. Morrison Collins V. Blantern V. Carey V. Collins Drew V. • Hobby V. i\ Lamport Lowndes v. . . V. jMartin ■ Com]xiny v. Brown . Collinson, Holderness v. Colvin, Wilton r. Combe, Ward v. Compton, Peter i\ Right d. Compton v Conduitt V. Soane Congreve, Douglas v. . . -v. Evetts Conquest, Marsh v. Cook, Bracebridge r. . . V. Catchpole V. Cook . . V. Wright Cooke, Bates v. • V. Fuller V. Whorwood . . Cookson V. Cookson . . V. Reay Coombs V. Bristol and Exeter PAGE . 267 . 177 . 88 . 292 . 195 . 128 . 382 . 60 . lU . 87 . 256 . 30 . 296 . 263 . 80 '. 370 . 262 . 296 . 35 . 248 . 374 . 184 . 183 . 74 . 183 . 390 . 192 . 305 . 288 Railway Company V. Coombs Coope V. Cresswell V. Tw3"man Cooper, Davidson v. Edwards v. ■ Haymes v. V. Johnson Loveridge v. V. Shepherd V. Willomatt tK Woolfit Cope V. Rowlands Copeland, Morton v. Copis V. Middleton Copley, Bradley v. Coppin, Dillon v. Corbet, Ewer v. Cordell, Elliott v Corles, Dipple v. Cornforth v. Smithard Cornthwaite, Frith v. . . Comwallis, Lassells v. Cornwell, Aldous i?. . . Corporation of Liverpool, Scott V. Corrance i'. Corrance . . .. 42 .. 356 .. 402 .. 116 .. 88 .. 298 .. 32 .. 188 407, 409 .. 46 .. 28 .. 17 ., 89 .. 248 .. 114 25,49 36, 75 .. 339 379 73 77 299 269 184 391 PAGE .. 74 .. 347 291, 296 .. 281 30,32 40 Cotton, Campion v. . . Coventry v. Chichester V. Coventry . . Lord, L}'gou v. Cowell IK Simpson Cowley, Earl, v. Wellesley Cox, Bowser v. Coxeter, Anderson ??. . . Craddock, Lake v. Cradock v. Piper Craig, Downes v. Crallan v. Oultou Cramer ?j. Moore Cranefeld, Freake i\ . . Cranley v. Hillary Cranraer's case Cranwell, Blisset v. Craythorne v. Swinburne Creed v. Perry.. Cresswell, Coope v. Green v. Creswick t\ Woodhead Crick, Carter v. Cripps V. Hartnell Ci'istall, Ferguson v. . • Crofton V. Poole Crofts, Barton v. Elves V. Croinpe, Martin v. Cross, Re Crosskey, European, &c. Ship- ping Co. V. . . . . ..196 Crossley v. Dobson . . . . 309 Crow V. Robinson . . . . 207 Croydon Canal Co., Hodges v. 403 Cruger v. Dunlop . . . . 128 Cruise v. Hunter . . . . 388 Cruttwell V. Lye . . . . 258 Cubitt, Stansfeld v 50 Cubley, Pigot v. . . 27, 28 Cullingworth v. Lloyd . . 122 Cullwick V. Swindell . . . . 14 Cumber v. AVane . . . . 120 Cunningham v. Antrobus . . 378 Cunynghame v. Thurlow . . 275 Cureton, Bill v 298 Curling ?j. Flight .. ..410 Currey, Wilmer v. . . . . 309 Currie v. Anderson . . . . 41 Cusack V. Robinson . . . . 41 Custanre v. Bradshav/ . . 305 Cutbush V. Cutbush . . . . 315 Cutfield, Wardroper v. . . 264 Cuthbert v. Dobbin . . . . 100 Cutler, In re 377 Cutten V. Sanger . . . . 298 b 2 . 116 . 193 . 305 . 292 . 68 . 405 . 296 5,406 . 122 . 346 . 307 . 116 . 381 . 402 . 79 . 330 . 399 . 79 25,28 . 158 . 43 . 91 . 305 . 205 XX INDEX TO CASES CITED. D. PAGE . 167 . 82 Dabbs, Ford v. Dalby, Cheslyn i\ V. India and London Life Assurance Company . . 177 Dale, Drayton v. . . . . 158 Dalton, In re 371 Daly, Aubin v. .. . . 199 Dalzell, Lynch v. . . . . 179 Danby, Trimmer v. . . . ■ 264 Daniel, Kirwan v. . . ■ ■ 299 Daniell v. Dudley . . . . 267 Darby v. Darby . . . . 305 Darell, Hales t\ . . . . 346 Sturgis V. . . . . 404 Darkes, Bloomer v. . . . ■ 128 Darlington District Joint Stock Banking Company, Ex parte Dartmouth, Lord, Howe v. . . Darton, Moore r. Daubeny v. Cockbum . Davenport, Elliott v. . Ex parte . Davids, Jones v. Davidson v. Cooper Ex parte Davies v. Ashford 319 201 .. 327 .. 275 266, 351 .. 37 .. 114 Attorney-General r. V. Humphreys . . V. Penton V. Stainbank . . V. Vernon Davis, Bateman v. V. Bowsher Busk r. . . V. Earl of Dysart Godfi'ey v. V. Mason . . Shepley v. Davison, Attorney-General Daw V. Eley Dawes v. Peck. . Dawson r. Kearton . . Pearson v. 248 287 349 .. 116 .. 71 .. 116 10, 12, 31 .. 285 Day, Baring v. Hulkes V. Wallis V. Deakle, Pain v. Dean r. Hogg . . Dearie r. Hall . . . . 40 De Begnis t\ Armistead De Castro, Willis i: . . Dedire, Freemoult v. . . Deeks v. Strutt Deering v. Earl of Winchelsea 115 De la Crouee, Hambidge v. . . 319 De la Garde v. Lempriere . . 378 Delamirie, Armory r. . . 25, 26 . 30 . 40 , 12 . 350 . 91 . 40 i: 191 . 240 42,45 . 76 37,42 . 30 . 207 . 91 . 189 . 62 409 89 311 297 6 PAGE De Mattos, De Pothonier r. . . 117 De Mautort r. Saunders . . 312 Denby, Atkinson v. . . . . 122 Denny, Floiy v. . • . . 39 De Pass, Lyons v. . . • • 396 De Pothonier r. De Mattos . . 117 De Proven, Duplex ik . • 102 Desanges, Thomas v. . . . . 150 Desart, Blunden v. .. . • 31 Desbrisay, Fearon v. . . . . 275 Detastet, Ex parte . . . . 313 Devaux v. Steinkeller . . . . 84 Devaynes v. Noble . • 121, 312 Devereux i: Kilkenny, &c. Railway Company . . . . 212 Dewdney, Ex parte . . . . 405 Dewhirst v. Jones . . • • 126 V. Kershaw . . . . 127 D'E}Ticourt r. Gregory . . 15 Dias Santos, Colcgrave r. . , 14 Dickie, Gibson v. . . . . 74 Dickinson r. Ivitchen . . . . 60 Orr r 61 V. Teesdale . . . . 406 t\ Valpy . . . . 319 Diggs, Andrews i\ . . . . 98 Dillon V. Coppin . . 36, 75 Dimsdale r. Robertson . . 189 Dipple V. Corles . . . . 73 Disney, Bolland v. ■ ■ . . 176 Dix r. Burford . . . . 293 Dixie, Wood v 52 Dixon, Fisher v. . . . . 16 V. Yates . . 37, 44, 45 Dobbin, Cuthbert v 100 Dobree, Ruddell v 327 Dobson, Crosslev v. ■ . . . 309 Dodd, Lewen v.' . . . . 307 Doe d. Esdaile v. Mitchell . . 150 d. Morrison v. Glover . . 232 d. Stace v. Wheeler . . 330 Doleman, Chadwick v. . . 273 Dolland, Kensington t\ . . 384 Dominv, Thompson r. . . 62 Donaldson v. Beckett . . . . 246 V. Donald: on . . 298 Doncaster v. Doncaster . . 265 Donellan i\ Reid . . . . 80 Doran v. Wiltshire . . . . 288 Dorrien, Lucas i'. . . . . 37 Dorrill, Routledge r. . . 274, 276 Douglas, Churton v. . . 257, 258 ■ V. Congreve . . . . 296 V. Russell . . . . 62 Dover v. Alexander . . . . 350 Dowbiggen r. Bourae. . . . 114 Dow ling. Wade v. . . . . 191 Downes v. Craig . . . . 68 INDEX TO CASES CITED. XXI Downes ?•. Jennings . . Do^Ynman, Motley v. • • Downs, England r. Dowson, Pickering v. . . Drake i\ Attorney-General . . Beckham v. .. 312, Drayton v. Dale Drew t'. Collins Driver i'. Mawdesley . . r. Scott Drosier v. Brereton . . Drummond, Evans v. . . M'Leod r. V. Parish . . Drury, Earl of Buckingham t: r. Scott Dry, Bagwell v. . . 351, Drybutter v. Bartholomew . . Dubost, Ex parte Morell V Dudley, Daniel v. V. Warde Dufanr, Ex parte DufE v. East India Companj^ . . Gordon r. Duffield V. Elwes Duffy's trust, In re Duke, Samuel v. Sheppard r. Duncan v. Topham . . Dundas r. Blake V. Dutens Dungannon, Lord, Ker v. Dunkley r. Dunkley . . Dunlop, Cruger v. r. Higgins Dunnicliff r. Mallet . . Duplex r. De Proven . . Durant, James v. V. Prestwood . . Dumford v. Lane Dutens, Dundas i\ Dutton V. Morrison . . Dyke v. Walford Dykes, Tolson v. Dysart, Earl of, Davis v. E. Eads V. Williams Eardley v. Owen Earle, Heinekey v. Mare v. . . East India Co., Duff r. Murray r. Venables iJ. Easton V. London AGE 383 257 383 399 337 316 158 128 299 293 282 315 339 323 372 296 352 210 36 99 267 16 133 318 3-14 327 379 396 401 81 406 206 261 378 128 81 307 102 296 362 371 206 123 355 172 12 . 191 . 296 ,. 45 122 , . 318 . . 404 , . 330 . . 12 Eastwood V. Kenyon . . Eccles V. Cheyne Ede, Mitchell v. Edelston v. Vick Edgeberry v. Stephens Edgington, Brown i\ . . Edmonds, Goodtitle d ards V. V. Low Edmund v. Waugh Edsun, Smarte v. Edwards, Bailey v. V. Cooper . . V. Ereeman . . -,,. Hall V. Harben . . V. Janes V. Jones PAGE 73,76 .. 352 .. 37 .. 257 .. 239 .. 400 Rich- .. 266 .. 346 .. 403 .. 310 .. 116 ..298 .. 358 .. 348 .. 48 83 36, 298, 328 V. Countess of War- 26S 239, 241 wick . . Egerton, Beard i\ Eglinton, Bramwell r. . . 172 Eicholtz ?'. Bannister . . . . 399 Eley, Daw v 240 Elibank, Lady, v. Montolieu . . 377 Lord, Mun-ay v. . . 378 Elliot V. MeiTiman . . . . 339 Elliott, Bishop v 15 r. Cordell . . . . 379 V. Davenport . . 266, 851 V. Royal Exchange As- surance Co. Ellis, Boutts ?'. r. Nimmo Ellison r. Ellison r. Elwin Lyddon v. Elsee, Bloxam v. Elton, Ex parte Elves V. Crofts Elvy V. Norwood Elwes, Duffield v. Eorrest v. ;;. Maw . • Elwin, Ellison v. Enderby, Brooke v. England t'. Downes King V. 184 327 75 298 379 274 241 313 91 403 327 293 .. 15 371, 379 .. 315 .. 383 33 36, 371. 201, Equitable Reversionary Inte- rest Society 'i-\ Fuller . . 285 El-mine, Bellasis i: . . . . 370 Ernest, Balfour v 320 EiTat V. Barlow . . . . 279 Erskine's trust . . . . 377 Espinasse, Petre r. . . . . 298 Essex, Earl of, Cadogan v. . . 286 Ettricke v. Ettricke . . . . 307 Ettv V. Bridges . . . • 409 XXll INDEX TO CASES CITED. PAGE European Co. v. Eoval Mail Co ".. .. 60 European, &c. Shipping Co. V. Crosskey .. 196 Evans, Berrington v. . . 102, 297 V. Bremridge .. 311 V. Drummond . . .. 315 Field V .. 386 Legg V 25, 32, 49 V. Pi'osser .. 370 V. Scott . . .. 278 Wilkinson v. .. 42 V. Williams .. 102 Williams v. .. 14 Everard v. Poppleton . . .. 101 Everett, Eyre v. .. 116 Evetts, Congreve v. . . .. 35 Ewer V. Corbett .. 339 Eyre v. Archer .. 126 V. Bartrop ,. 116 V. Everett .. 116 Holland v. .. 81 Eyres v. Faulkland . . .. 261 Evton, Pott V. .. 316 F. Ealkner r. Butler . . . . 273 Earebrother r. Simmons . . 43 Farina v. Home . • . . 42 Farmer v. Smith . . . . 232 Sparrow v. . . . . 232 Farnell, Kiddill v 398 Farquhar, M'Queen v. . . 275 Farquharson v. Cave . . . . 327 Farr, Meredith v 350 FaiTant v. Thompson . . 16 Farren, Kemble v. • . . . 71 Fauldex", Harper v. . . . . 12 Faulkland, Eyres v 261 Faulkner, Bull v 31 Fearnhead, KnatchbuU f. . . 341 Fearon v. Desbrisay . . . . 275 Fentonw. City of London Steam * Packet Company . . Trueman i\ . . Fenwick v. Greenwell Ferguson v. Cristall . . Sainter v. . . Fergusson v. Norman Femie, Hodgkinson v. Young V. Fesenmeyer, Johnson r. Festing v. Allen Fetherstone v. Hutchinson Fettiplace v. Gorges . . Fidgeon, Laing v. 62 . 76 . 294 25,28 . 71 . 89 . 192 . 237 . 134- . 268 . 90 . 384 . 400 Field V. Evans Northey v. Yea V. Fielder, Proudley v. . Fielding v. Lee Finney, Foden v. Firm in v. Pulham Fisher v. Dixon V. Pimbley Fitch v. Sutton Fitzer v. Fitzer Fleming v. Buchanan . V. Self Fletcher v. Ashbumer V. Fletcher Lechmere v. • Young r. PAGE .. 386 .. 45 .. 10 .. 884 .. 54 .. 377 .. 293 .. 16 .. 192 .. 120 .. 388 .. 269 .. 232 .. 287 .. 388 .. 82 .. 134 .. 410 .. 71 .. 39 .. 279 .. 377 .. 304 .. 403 .. 81 .. 281 201, 293 .. 127 Flight, Curling r. Flintoff, Homer r. Flory V. Denny Flower, Cannings v. . . Foden 'v. Finney Foley V. Addenbrooke Paget V. • • Foljambe, Ogilvie v. ■ . V. Willoughby Fooks, Pride v. Foote, Woods v. Ford V. Dabbs 167 V. Jones . . . . . . 196 '• V. Peering . . • • 12 Fordhara v. Wallis . . . . 83 Fordwich (iIayorof),Tomlinr. 191 Fores v. Johnes . . . . 91 Forrest v. Elwes . . 201 , 293 Fosbrooke, Bourne r. . . 26, 36 Foss, Ex parte, Re Baldwin . . 255 Foster v. Bates V. Cautley V. Pearson '■ — V. Weston Fourdrin r. Gowdey . . Fowler v. Fowler Marshall v. . . Wishart v. . . Fox, Barber v. Freakley 'v. V. Smith . . Webb V Francis v. Grover 11. Hawkesley . . Viner v. Franklin v. Bank of England V. Hosier V. Neate Fi'anks, Ex parte Eraser, In the Goods of Mather v. 357 272 395 114 346 346 378 123 107 330 192 158 403 77 351 208 . 29 . 27 . 133 . 359 14,50 IXDEX TO CASES CITED. XXlll PAGE Fraser v. Palmer . . . . 292 V. Thompson . . . . 74 Freake v. Cranefeldt . . 405, 40(j Freakley r. Fox . . . . 330 Freckcr, Norton v. . . . . 405 Freeland v. Pearson . . . . 352 Freeman, Ex parte . . . . 314 Edwai'ds v. . . • . 358 Freemoult v. Dedire . . . . 297 French, Clough v. . . . . 105 Ex parte . . . . 283 Frere, Thomason v 306 Freshney v. Carrick . . . . 49 Friar, Grey v 199 Frith, Cornthwaite v. . . 299 Frost, Williams v 23(1 Frowd, Moore v. . . . . 292 Fry, Ex parte 314 Fryatt, Reid w. .. ..189 Fuller, Cooke v 390 ■ , Equitable Reversionaiy Interest Society «... . . 285 Furniss v. Leicester . . . . 399 G. Gaffee, In re 386 Gale V. Bnmell . . 34,4:9 Griffiths t? 352 V. Walsh 86 Galsworthy, Chidell r. , . 35 V. Strutt . . . . 71 Gambart v. Ball . . . . 251 I'. Sumner . . . . 251 Gammon, Bu'd v. . . . . 82 Gardiner, Archer r. . . . . 377 Gardner v. Marshall . . . . 377 Gardom, Ex parte . . . . 318 Garland, Ex parte . . . . 315 Gamer v. Hannyngton . . 12 Garnet, Pierson i\ . . . . 274 GaiTard *'. Lord Lauderdale . . 299 Garrod v. Simpson . . . . 126 Gaskell v. King . . . . 90 Gaters v. Madeley . . . . 376 Gatty, Phillipson v 282 Gayler, Howell v. . . . . 267 Gaze, Love v. . . . . . . 353 Gee V. Gurney . . . . . . 275 Geldard, Robinson r. . . . . 349 Gent V. Harris 378 Gery, Humfrey v. . . . . 403 Gibbeson, Greenham v. . . 285 Gibbon, Kempe v. . . . . 402 Gibbons v. North-Eastern Me- tropolitan Asylum District . . 81 Gibbs, Lindsay v. . . . . 62 Gibson, Banks v. V. Dickie Gresty ?'. Gifford, Ex parte Nugent V. Gilbert v. Lewis Richai-dson 201 Giles, Walker v. Gilkes t\ Leonino Gill, In the Goods of r. Shelley.. Gillard, Bartlett v. Gilly V. Burley Giraud, Hilton v. Girdlestone, Watts v. Glaysher, Ex parte Gleaves v. Paine Glendinning, Ex parte Glengall, Earl of, r. Barnard . Gloucester, Corporation of, Trye v. Glover v. Barrie Doe d. Momson ?•. . Morrison r. Glubb V. Attorney-General . Glynn, Morris v. V. Thorpe Goddard, Pedley v. t\ Snow Godden, Ex parte . . 12] Godfrey v. Davis r. Tumbull Godsall V. Boldero Boss V. Goldsmid v. Goldsmid . . Gomley r. Wood Gomme, Hill v. Goode V. Burton Goodman v. Chase r. Harvey . . Goodtitle d. Richards *'. Ed monds Gordon v. Duff . . V. Gordon V. Harper .... i Norcott V. Gorges, Fettiplace v. . . Gould, Weldon v. Goulder v. Camm Gowdey, Foudrin v. . . Grace v. Smith Webb V. Grafftey i: Humpage . . 267 Graham v. Graham . . 346, V. Londonderry Grane, White v. Grant v. Grant Routledge r. PAGE 258 74 127 116, 311 339 384 247 233 81 356 350 346 263 348 293 186 377 122 347 349 191 232 232 348 348 105 193 383 , 128 350 315 177 286 274 292 341 11 79 395 266 344 350 5, 28 3^6 384 30 386 346 316 370 , 296 , 391 374 281 108 81 XXIV IISTDEX TO CASES CITED. PAGE Grant v. Vaughan . . . . 395 Grantham v. Hawley . . . . 34 Granville, Blyth v 296 Graves, Attorney-General r. . . 348 V. Weld . . . . 17 Gray v. Chiswell . . . . 312 Hind V 91 Irving i: . . . . . . 128 v. Limerick, Earl of . . 273 V. Mathias Great Northern Railway Com- pany, Harwood r. . . 237 Pym V. . . . . 65 Great Western Railway Com- pany, Rouch V. Greaves v. Hepke Shuttleworth r. Steward r. Greedy v. Lavender . . Green v. Cresswell Hardey v.. . In re Mathers v. Price V. . . V. Price . . Greenberg ?'. Ward . . Greenham r. Gibbeson Greenhill, Rex r. Greening r. Beckf ord . . Green's Patent. . Greenwell, Brett r. Fenwick v. . . r. Greenwell Greenwood's case Greese, Richardson v. . . Gresham, Wiles v. Gresty r. Gibson Gregory, D'Eyncourt r. Heckscher r. Grey v. Friar . . r. Stuart . . Gx'iffin, Bishop of Hereford i- Lee v. . . Thompson v. , . Griffith V. Ricketts . . Griffiths V. Gale Grimes v. Harrison . . Gross, Buckley v. Grote, Limbard v. Grove v. Aflalo Grover, Francis v. Whittingstall v. Groves t\ Clarke V. Perkins Giymes v. Boweren . . Stratton v. Guedalla, Moutefiore v. Gunn, Pawle v. 150 37 344 . 214 . 381 . 79 . 296 . 341 . 307 . 71 90,91 . 127 . 285 . 389 . 409 . 245 . 377 . 294 . 279 . 217 • 346 . 285 . 127 . 15 . 203 . 109 . 296 . 247 . 42 . 280 287, 299 352 233 26 274 43 403 313 378 378 14 370 347 73, 204 Gumey, Gee v. Guthrie, Hewison v. Leslie v. Gutteridge, Simmons Guy, Styles v. . . PAGE 275 33 62 330 293 H. H. r. W 387 Hacon, Wills v. .. ..126 Haddan, Mason v. . . . . 184 Hadfield, Rnshforth v 30 Haigh, Howdon v. . . . . 122 Hale V. Saloon Omnibus Com- pany Hales V. Darell . . Halesham v. Young . . Haley r. Bannister Halford r. Kymer Hall v. Barrows Dearie i\ . . Edwards v. V. Hardy . . — Heath v. .. v. Hewer . . • r. Hugonin r. Lawrence Moss V. . . T. Norfolk Estuary pany i'. Palmer.. Pinkney v. V. Potter . . Reynolds v. Stanton v. Hallewell, Hawker v. . . Halliday, Streatlield v. Halthin, Steinmitz v. . . Haly V. Bany . . Hambidge v. De La Crouee Hames r. Hames Hamilton i'. Bell V. Kirwan . . Hammond, Browne v. . . • V. Hammond Hamper, Ex parte Hampshire v. Bradley . . Hanbury r. Kirkland . . Hanchett r. Briscoe . . Hancock v. Heywood . . Handley, Keenan v. . . Hanforth, Howell v. . . Hannyngton, Gamer v. Hanrott, Wombwell t. 2 Hanson v. Keating v. Meyer Harben, Edwards v. . . 40 Com 52 346 318 279 177 6, 258 409 348 196 117 274 381 196 116 93. 211 89 318 370 54 379 , 170 310 378 207 319 267 54 275 352 296 316 293 298 381 306 74 265 . 12 2,273 . 377 . 39 . 48 INDEX TO CASES CITED. XXV PAGE Harcourt i". Ramsbottuin . . 191 Hardey v. Green . • • • 296 Hardvr. Bern 109 1-Hall V 196 Hare r. Horton . . . . 14 ■ Hyat V 318 Harewood, Lord, Milner i: . . 371 Hai-ford, Neilson r 211 Harland r. Binks .. ..299 Harley v. Harley . . . . 381 Harmer v. Westmacott . . 255 Harms v. Parsons . . . . 91 Harnett v. Macdougail . . 386 Harper v. Faulder . . . ■ 12 Gordon v. . . 25, 28 Harrington v. Price . . . . 10 Harris, Ex parte . . . . 313 Gentv. .. ..378 r. Lloyd . . 168, 850 f.Wall 77 Harrison, Grimes v. . . . . 233 t). Jackson .. .. 319 n Paynter .. ..118 Harrobin, Pole v. . . . . 89 Harrop r. Howard . . • . 386 Hart i>. Bush 42 V. Stephens . . . . 376 Hartford r. Jones . . . . 30 Hartley v. Case . . . . 87 Hartnell, Cripps r 79 Harvey v. Aston . . . . 370 I Goodman v. ■ . . . 395 Harwood v. Great Northern Railway Company . . . . 237 Haslam, Nickels r. . . . . 241 Hassell r. Hawkins . . . . 346 Hastings, Lord, Scott r. , . 207 Hawken v. Bom-ne . . . . 319 Hawker v. Hallewell . . 93, 170 Hawkesley, Francis v. . . 77 Hawkesworth, Bridges r. ■, Wolverhampton New Waterworks Company v. Hawkins, Chesterfield and Mid- land Silkstone Colliery Com- pany Limited v. Hassell v. . . Hawley, In re . . Bagueley v. . . Grantham i\ . . Haworth, Meyer i'. . . Hay, Ex parte . . V. Palmer Hayes v. Haj^es Massy v. . . Haygarth, Taylor v. . ■ Hayley, Hope v. Haymen, Stapleton v. . ■ 26 211 127 346 196 399 34 76 313 265 344 384 364 35 57 Haymes v. Cooper Haynes, Brooke v. Hayter v. Tucker Hayward, Williams v. Head, March v. Headington, Holloway r. Heard 2j. Stamford Heath v. Hall . . V. Key 'V. Lewis . . Heather, Richards v. . . Heaver, Manser v. Hebb's case Hebdon v. West Hecht, Hunt v. Heckscher v. Gregory . . Hedley v. Bainbridge . . Heinekey v. Earle Helleley, Johnson v. ■ . Hellicar, Powell r. Hembrow, Prior v. Heming, Cherry i\ V. Swinnerton . . Hemsworth v. Bryan . . Henderson, Baker v. . . Wilkinson v. 330 348 233 377 75 382 117 116 370 309 191 81 176 41 203 319 45 258 327 188 80 186 188 31 312 274 381 303 330 37 Heneage v. Hunloke . . Henning, Whittle v. . . Henshaw, Williams v. . . Hensloe's case . . Hepke, Greaves v. Hereford, Bishop of, v. Griffin 247 Herlaken den's case . . 17, 18 Hertford, Marquis of, Attorney- General V 342 Hesilrige, M'Donnell r. . . 298 Heslop V. Baker . . . . 54 Ex parte . . . . 64 Hewer, Hall v 274 Hewison v. Guthrie . . . . 33 Hewitt V. Kaye . . . . 327 V. Price . . . . 230 Webb v 116 Hey hoe v. Burge . . . . 316 Hey wood, AUwood r. ■ . ■ . 12 Hancock v 306 Hibbert, Simond v. . . . . 30 Hickman, Wheatcroft v. . . 316 Hicks, Lovell v 318 Hidson v. Barclay . . . . 128 Higgins, Dunlop v. . . . . 81 1: Pitt 122 V. Sargent . . ..114 Seedy 242 Higgs, Blades v. ■ . . . 22 Hilbert, Tate v. . • 327, 328 Hillr. Gomme 341 Johnson v. . . . . 29 XXVI IXDEX TO CASES CITED. Hill, Rex V. . . V. Spencer V. Thompson Warbnrton v. . . Hill's patent Hillary, Cranley v. Hillman, Tapfield v. ■ ■ Hills r. Hills V. Liverpool United Gas- light Company Hilton r. Giraud Hinchcliffe r. Hinchcliffe Hinchinbrook, Lord, Ship- brook r. Hind v. Gray . . Hindley r.Westmeath, Marqrds of .. Hinton r. Pinke Hirsch v. Im Tham . . Hiscox, Willis r. Hitchcock r. Cokcr Hitchins r. Kilkenny, &c. Railway Company . . Hitchman v. Stewart . . r. Walton . PAGE . 190 239, 241 .. 207 .. 237 .. 122 .. 34 .. 328 237 348 346 293 91 387 344 184 293 91 . 212 . 115 14, 16 . 40 . 296 . 261 . 382 . 382 . 410 . 349 52 31 327 134 Hoadley r. M'Lainc . . Hoare v. Hornby V. Parker Hobby V. Allen • t\ Collins Hobson V. Bell. . V. Blackburn . . Hobson V. Thelluson . . Hockley, Stead man c. . Hodge, Walter r. Hodges, Belton v. - — V. Croydon Canal Com- pany 403 Hodgkinson I". Fernie. . .. 192 Hodgson r. Loy . . . . 44 Nash v. . . 83, 121 r. Sliaw . . . . 114 Simonds r 182 Hodson V. Observer Life Assur- ance Society . . 176 Wallis r 362 Hoffman, Chollett v. .. . . 245 Hogg, Dean r. . . . . . . 62 r. Skeen 319 Holden, Stokes v. . . . . 47 Holdemcss r. Collinsrn . . 30 V. Rankin . . . . 54 Holford V. Phipps . . . . 293 Holland v. E3Te . . . . 81 r. Hughes . . . . 201 Hollier, Ravenshaw r.. . . . 299 Hollinshead, Reid v 318 Hollis V. Bryant . . . . 167 Hollis V. Claridge HoUoway v. Headington Holmes v. Mackrell V. Mitchell V. Prescott V. Tutton Holroyd r. Marshall Hoist V. Pownal Homan, Owen t\ Home, Campbell r. Homewood, Leader i\ Honner r. Morton Hood, Wilson v. Hooper v. Ramsbottom i: Rossiter Hope, Attorney-General i: V. Hayley V. Hope . • Hopkins, Chanter v. V. Clarke V. Logan r. Prescott Tugman v. Hopkinson v. Lee Hopper, Re Hornby, Hoare r. Home, Farina r. Horner v. Flintoff Homsby r. Miller Horsley v. Chaloner Horton, Hare i\ Richardson r. V. Sayers Wells V. Hosier, Franklin v. Hotham v. Somerville Houghton V. Houghton r. Matthews Houlston, Bogue v. How, Jones r. . . Bidding v. Howard, Harrop v. i\ Rhodes Howarth, Samuel v. . . Howden v. Haigh . . . Howe V. Lord Dartmouth V. Synge . . Whittaker v. Howell i\ Gayler V. Hanforth r. M'lvers Ho'wes, Morris v. Howse V. Chapman Hubbersty v. Manchester, Shef- field, &c. Railway Company 211 Hudson, Smith v. . . 41, 45 Hughes, Burton v. . . . . 28 Holland v 201 I]SDEX TO CASES CITED. XXVll PAGE Hughes V. Kelly . . . . 403 V. Layton . . . . 233 Oldham v 287 Rann v. . . . . 72 Stoveld V 86 V. Stubbs . . . . 299 V. Wynne . . 108, 405 Hughes's trusts, re, . . . . 408 Hugonin, Hall v. , . . . 381 Hulkes V. Day 207 Hulme V. Chitty . . . . 388 Humble v. Mitchell . . 204, 230 M'lver V 315 Hume V. Richardson . . . . 284 Humfrey v. Gery . . . . 403 Humpage, Grafftey r. . . 207, 296 Humphrey, Peer v. . . . . 396 Humphreys, Davies v.. . ..116 Hunloke, Heneage c. . . . . 274 Hunt V. Bate 73 V. Hecht . . . . . . 41 Knight v.. . . . . . 122 V. Peacock . . . . 406 Hunter, Cruise v. . . . . 388 V. Nockolds . . . . 403 Huntley v. Russell . . . . 69 Hurst V. Jennings . . . . 109 ParnhamtJ. .. .. 117 Smith V. . . . . 299 Husbands, Ex parte . . . . 313 Hutchings v. Smith . . . . 379 Hutchinson, Fetherstone v. . . 90 Hyat V. Hare 318 Hyde v. Price . . . • • • 114 Idle's case Ilderton v. Castrique . . Ilfracombe Railway Company Pickering r. .. Im Thurn, Hirsch v. India & London Life Assurance Company, Dalby v. . . Inge i\ Moseley Ingham, Simson v. Ingilby, Winn r. Inglebach v. Nichols . . Innes, Penny v. Inns, Stalworth v. Insole, Re Irish Land Co., Norris v. Irons V. Smallpiece Irvine, Rannie v. Irving V. Gray . • Mercer «... Iveson, Other v. Izard, Blake v... 19 127 207 184 177 89 121 16 127 86 191 390 63 36 91 128 72 309 35 J. Jackson, Butcher ?'. Harrison v. r. Jackson V. Nichol Pearse v. Purdew v. i: Sinclair V. Thompson Thorpe r. V. Woolley Jacquet v. Jacquet Jacob, Worrall v. James v. Durant James, Richards v. V. Thomas Jamieson, In re Janes, Edwards i\ Janson, Ex parte Jarvis, Smith v. Jeffereys v. Small Jeffery r. Jeffery Jeffereyes, Watts v. Jefferj^s r. Boosey Boosey v. Jenkins, Perry r. Richardson r. Jenkyn v. Vaughan Jenkyns v. Usborne Jennings v. Brown Downes v. Hurst V. Rawlings v. ■ r. Rigby Jervis, Radburn z'. Jervoise v. Jervoise V. Silk . . Jessopp i\ Watson Johnes, Fores v. Johnson, Buckland v. Cooper V. r. Fesenmayer • V. Helleley V. Hill . . r. Johnson Rawson v. V. Stear W^oiTall V. Jones V. Bowden V. Bright . . Burke iK . . Cleave v. . . V. Davids. . Dewhirst v, Edwards v. Ford i\ . , Hartford t'. V. How . . PAGE 275 319 275 45 233 380 403 168 312 312 406 387 296 50 108 196 83 313, 314 318 305 75 206 248 246 404 106 298 45 76 383 109 200 102 199 374 280 362 91 46 188 134 258 29 352 43 28 31 400 400 405 82 114 126 ,328 196 30 296 36, 298, XXAIll IXDEX TO CASES CITED. Jones V. Lock . . Macoubrev v. Merryweather -!'. V. Morris . . Reillj V. . . Scott 11. . . Tyler r. . . 1'. Waite . . Waite ;•. . . Joyce V. Swann Judson, Nicholls v. Jukes, Ivilshaw v. K. Kain, Shepperd v. Kaye, Hewitt v. Keane, Mornington v. Kearsley, Morris v. r. Cole Kearton, Dawson v. Keating, Hanson v. ■ Smith v. Keeley, Winch v. Keenan r. Handley Keightley v. Watson Keith, Brooks v. Rees r. Kekemch v. Manning- Kelly, Archer v. Hughes ^\ Kemble v. Farren Kemp, Philanthropic Society Kempe i'. Andrews ■ r. Gibbon Kendall, Brierley v. Kennay, Rogers i\ Kennedy, Ex parte . Molony u, Kensington v. Chandler • r. Dolland Ex parte . Kenyon, Eastwood r. . Ker r. Lord Dungannon Kerrison r. Cole Kershaw, Dewhirst Kettlewell, Meek v. Key, Heath v. Key sell, Topping v Kiddill V. Earnell Kidson v. Turner Kilkenny, &c. Railway pany Devereux Hitchins v. Killby V. Wright Kilshaw v. Jukes Kimpton, Betts r. Com- PAGE 36 274 387 126 71 406 188 387 90 40 346 316 399 327 297 305 311 76 377 299 117 74 804 296 378 298 296 403 71 . 349 . 305 , 402 , 49 , 25 . 313 , 384 . 298 , 384 . 313 '3,76 . 261 . 90 . 127 . 75 . 116 . 134 . 398 . 76 Kincaid, In re . . King (The) v. Sankey V. England Gaskell v. V. Rendall Kingsford i-. Merry Kingsley's trust, In re lunnersley t: Mussen . . Kinnier, Atk3'ns v. . ■ ' Kirby v. Potter Ivirk r. Blur ton Kirkland, Hanbury v. . . Kii'kman r. Booth Needham v. . . Kirkpatrick v. Tattersall Kirwan r. Daniel Hamilton r. , . Kitchen, Dickinson r. . . Knatchbull r. Fearnhcad Knight r. Barber r. Boughton . . r. Hunt Kruges r. Wilcox Kymer, Halford v. Kynaston, Clayton v. . . Lacy V. Kyne v. Moore. . Kynman, Whinman r. Kynnersley, Marquis of mend V. PAGE .. 377 .. 31 .. 83 .. 90 .. 128 37, 396 .. 390 .. 100 ■],72, 91 .. 344 .. 318 .. 293 .. 315 .. 296 .. 76 .. 299 . . 275 .. 60 .. 341 204, 230 .. 264 .. 122 .. 32 .. 177 308, 311 .. 311 .. 89 .. 82 Or- .. 196 212 212 127 316 376 L. Lacey, Thompson i'. . . . . 29 Lack, Thompson r. .. 116,311 Lackington v. Atherton • • 44 Lacy V. Kynaston . . . . 311 1 V. Rhys 248 Ladbrooke, Wheelhouse i\ .. 109 Laing v. Eidgeon . . . . 400 Tucker r 117 Lake v. Craddock . . . . 305 Tyler v 384 W^illiams v. • • . . 79 Lambert's case . . .. .. 318 Lambert, Clough v. . . . . 388 Mason v. . . • • 68 Lampert's case . . . . . . 260 Lamport, Collins v. .. . . 60 Lampleigh v. Brathwait . . 73 Lane. & Yorkshire Railway Company, Schotsmans v. 46 Lane r. Burghart . . . . 79 Duniford r. . . . . 371 Langdale, Lord, Ashton v. . . 348 Langford, Ayerv v. . . • • 91 In re " . . . . 285 Langham's trust. In re . . 348 Langston, Wetherell v. . . oU4 INDEX TO CASES CITED. XXIX 177 196 91 68 384 15 81 233 378 15 25 92 PAGE Lashbrook v. Cock . . . . 307 Lassells v. Comwallis . . . . 269 Lauderdale, Lord, Garrard v. . . 299 Lavater, Walton v. 2U, 299, 307 Lavender, Greedy y. •. •• 381 Law V. Bagwell . . • . 299 V. London Indisputable Life Policy Company Lawrence, Hall v. V. Smith . . Sollers r. Laws, Blacklow i-. Lawton v. Lawton Laythoarp v. Bryant . . Layton, Hughes r. Lea, Barker r. .. Leader v. Homewood . . Leake v. Loveday Monys v. Leather Cloth Co. Limited v, American Leather Cloth Co. Limited . . - - 256, 257 Lechmere v. Earl of Cuilisle . . 287 V. Fletcher.. .. 82 Ledsam, Kussell v. .. . . 237 Lee, Brown i'. .. .. ..115 ■ • Fielding v. . . . . 5-1 V. Griffin 42 Hopkinson v. .. . . 304 r. Lockhart .. ..122 Morris v... . . . . 87 V. Muggeridge . . . . 76 V. Pain . . . . . . 351 V. Prieaux . . . . 384 Waring/' 273 ?•. Young 286 Leeder, Biddell v 90 Leggi'. Evans.. .. 25,32,49 Leicester, Furniss r. . . . . 399 r. Rose . . . . 122 Leighton v. Wales . . 71, 91 Leith, Mant v 282 Lempriere, De la Garde v. . . 378 Leonard v. Baker . . . . 169 Leonino, Gilkes v. . . . . 81 Lepard v. Vernon . . . . 398 Lescher, Bain v. . . . . 351 Leslie v. Guthrie . . . . 62 i'. Richardson .. .. 189 Sing ('. . . . . . . 274 Lett, Stahlschmidt r. . . . . 405 Le Vasseur v. Scratton 371, 379 Lewen v. Dodd • • . . 307 Lowers v. Earl of Shaftesbury ^ 64 Lewis Bowles's case . . . . 19 Lewis, Gilbert v 384 Heath v 370 V. Madocks . . . . 296 PAGE Lewis V. Marling . . . . 237 Reynell v 320 Lickbarrow v. Mason . . . . 45 Liford's case . . • • . . 18 Limbard v. Grote • • . . 274 Limerick, Earl of, Gray /-. . . 273 Lincoln v. Windsor . . . . 292 Lindsay r. Gibbs . . . . 62 Lingard, Ex parte . . . . 196 Lingen v. Sowray . . . . 288 Linley v. Taylor . . . . 348 Linton, Trollope v. .. . . 372 Lisle, Agar v . . 24 Lister, Tidd v 379 Littlefield v. Shee . . . . 76 Liverpool, Corp. of, Scott v. . . 184 United Gas Light Co., Hills y 237 Livesay v. Redfem . ■ . . 345 Llanwame, In the Goods of . . 359 Lloyd V. Ashby • • . . 318 V. Baldwin . . . . 288 Bromage ;'. ■ . . . 85 CuUingworth r . . . . 122 Harris v 168, 350 v. Lloyd 370 Powell i' 123 r. Tench 362 Lock, Jones v. .. . • . . 36 Lockhart, Lee v. . . . . 122 r. Reilly .. ..115 Lodge V. Pritchard . . . . 313 Loftus, Ricketts v 272 Logan, Hopkins «/•. . . . . 73 Lomas «J. Wright .. .. 110 London, Easton v. . . . . 12 London Dock Company, Cal- vert t'. .. .. 116 Indisputable Life Policy Company, Law r. . . 177 Londonderry & Coleraiu Rail- way Company, Reg.r. .. 211 Graham i\ .. 374 Long t'. Storie . . . . . . 92 Longman v. Tripp . . . . 255 Longstaff v. Meagoe . . . . 14 Lonsdale, Earl of, ?'. Countess ofBerchtoldt 266 Ri' Prideaux i\ . 195, Lord, In re Love 'V. Gaze . . Loveacres d. Mudge r. Blight Loveday, Leake v. Lovell V. Hicks 383 196 353 .307 25 318 Loveridge v. Cooper Low, Edmonds v. 407, 409 .. 346 XXX INDEX TO CASES CITED. PAGE Low t\ Routledge . . . . 248 Lowe, Banner v. . . . . 265 Lowndes r. Collins .. ..114 V. Lowndes ... . . 193 Ley, Hodgson v. . . . . 44 Luard's case . . . . . . 382 Lucas i;. Dorrien . . . . 37 V. Wilson . . . . 198 Lucy's case . . . . . . 74 Lunn, Bank of England v. 206, 208 V. Thornton . . . . 34 Lushington r. Boldero . . 18 Lyddou i: Ellison . . . . 274 Lyde v. Barnard . . 84, 409 V. Russell . . . . 15 Lye, Cruttwell v 258 Lygon 'V. Lord Coventry . . 281 Lynch v. Dalzell . . . . 179 Lyon V. Baker 292 Perrin v 369 Lyons v. De Pass . . . . 896 Lysons v. Barrow . . . . 334 M. Maberley v. Turton . . Macarthur v. Campbell Macaulay, Bailey v. . . M'Culloch, Barrack v. M'Donald, Walter v. . . M'Donnell r. Hesilrige Macdougall, Harnett v. r. Robertson 188, M'Ewan v. Smith M'Guire, Ashburner v. M'lver V. Humble M'lvers, Howell v. Mackay, Bentley r. . . M'Kenzie's Settlement, Re Mackenzie v. Mackenzie Sandeman r. Mackinnon v. Stewart Mackintosh v. Trotter Wellingtun c. Mackrell, Holmes v. . . M'Laine, Hoadley v. . . Maclaren i: Stainton . . Macleod v. Annesley . . V. Drummond . . M'Michael, Boydell v. Macnaught ii. Russell . . M'Neillie v. Acton Ma«ouln'ey r. Jones . . M'Queen ;•. Fai-quhar. . Maddison, Benyon v. . . Madeley, Gaters v. Madocks, Lewis v. 280 194 320 298 85 298 886 189 37 844 315 117 298 296 267 273 299 14 188 77 40 263 283 339 16 128 315 274 275 266 376 296 PAGE Maguire, Caulfield V. . . .. 114 Mainwaring's Settlement, Re 296 Malcolm v. Charlesworth . . 379 Malkin v. Adams . . . . 133 Attorney-General v. . . 267 Mallan v. May . . 90, 91 Mallet, Dunnicliff v 307 Malone v. Minoughan . . 11 Maltby i'. Car stairs .. ..116 Man V. Shiff ner . . . . 30 Manchestei-, Sheffield, &c. Rail- way Company, Hubbersty v. 211 Manders v. Williams . . . . 27 Mann, Burnet v 362 Mangles, Nay] or v 30 Manning's, Matthew, case . . 260 Kekewich v. . . 298 Manser v. Heaver . . . . 191 Mant V. Leith 282 March v. Attorney- General . . 348 V. Head 377 V. Russell 341 V. Warwick . . . . 128 Mare v. Earle 122 V. Warner . . . . 122 Market overt, the case of . . 396 ]\larkham, Bunn v. ■ ■ . . 327 Marlborough, the Duke of, v. St. John 68 Marling, Lewis v 237 Marris, Bower v. . • . . 121 INIarriott v. The Anchor Rever- sionary Co. Limited . . Marsh, Archer v. V. Conquest Stone V. ' . . Marshall v. Fowler . Gardner v. . . Holroyd v. . . Martin, Collins r. V. Crompe Reynish r. V. Sedgwick . . Townsend r. . . Martindale, Anderson i\ V. Booth . . V. Smith . . Taylor t\ . . Mason v. Broad bent . . Davis V. V. Haddan r. Lambert Lickbarrow r. . . V. Morgan Sid well V. v. Wallis Massy v. Hayes Mather v. Fraser .. 60 .. 91 .. 248 318, 397 .. 378 .. 377 .. 35 .. 87 .. 305 .. 370 319, 409 .. 345 .. 304 .. 48 .. 89 ., 199 .. 403 .. 91 .. 184 .. 68 .. 45 .. 375 .. 77 .. 189 .. 384 50 14 INDEX TO CASES CITED. Mather v. Scott Mathers v. Green Mathias, Gray v. Matthews v. IJrise Houghton /•. Young V. Maude, Benson v. Scales t\ Maunder, Wright v. . . Maw, Elwes v.. . Mawdeslej, Driver r. . . Maxwell's trusts, In re May V. Chapman Mai Ian v Mayor, Boaler?'. Squire v. Maze, Aubert v. Meacher c. Younge . . Meagoe, Longstaff v. . . Medina v. Stoughtou . . Medworth v. Pope Meek v. Kettlewell Melvill, Otter v. Melville, Preston v. Mentney v. Petty Menzies, Betts i\ Mercer v. Irving Meredith v. Pan- Merrett, Powell v. Merriman, Elliot v. v. Ward Merry, Kingsford v. . . Merryweather t: Jones Meryon v. Collett Metcalf , Wise v. Metropolitan Counties, &c. 1 ciety V. Brown Meux V. Bell . . Mexborough, Bower r. Meyer, Hanson v. ■ V. Ha worth Meyrick, Attorney-G cneral Michell V. Michell Michelmore v. Mudge Middleton, Copis v. . . Miles V. Presland Mill, The Queen v. Miller, Hornsby v. V. Miller r. Race • Spackman v. . . Stranger v. ■ I". Taylor Mills V. Barber Milne, Walker ;'. Walmesley v. . . Milner v. Lord Harewo-.d Milvain, Chapman v. . . PAGE . 349 . 307 . 89 . 282 , 30 , 36 , 341 , 36 , 168 . 15 , 299 , 263 . 87 90, 91 . 116 . 16 . 89 . 280 . 14 , 399 . 349 . 75 . 296 . 263 . 362 . 237 . 72 . 350 . 364 . 339 . 121 7,396 . 387 . 267 . 68 14 408 183 39 76 347 264 379 114 206 242 49 36, 327 395 49 123 246 84 348 14 371 214 Minnit v. Whinery Minonghan, Malone t: Mitchell, Brooke v. 25, 188, Doe d. Esdaile r. . . t'.Ede Humble v. . . 204, Holmes r. . . Moffatt, Bank of England v. MoUard, Bagley v. Mollett V. Wackerbath Molony v. Kennedy . . Monkman v. Shepherdson Montague v. Benedict . . Montefiore v. Guedalla . . . Montolieu, Lady Elibank r. . . Monys v. Leake Moodie r. Bannister . . Moor V. Bar ham Stokes V. .. Williams t: Moore, Cramer v. V. Darton r. Erowd Kyne v. V. Moore Morell V. Dnbost Morgan, Ex parte Mason v. Osbom v. Kickman r. ■ 'V. The Eai-1 of Aber- gavenny Morley v. Attenborough Bird r 303, r. Boothby Child V. • r. Rennoldsou . . 369, Roddam r. Wright V. Mornington v. Keane . . Morris v'. Glynn V. Howes • Jones 'V. V. Kearsley V. Lee . . Morrison, Collett v. Dutton y. . . V. Glover Mortimore v. Mortimorc Morton i\ Copeland . . Honuer v. 1\ Tibbett Moseley, Inge r. Mosley r. Baker Moss, Burrough v. 'V. Hall Turquand r. Motley V. Downman . . AGE 319 11 189 150 37 230 79 208 350 88 384 76 383 347 377 92 402 362 81 77 296 327 292 89 386 99 128 375 378 347 20 399 351 79 203 370 402 379 297 348 267 126 305 87 177 123 232 282 248 380 41 89 232 375 116 128 257 INDEX TO CASES CITED. PAGE Mudge, Michelinore v. . . 379 Muggeridge, Lee v. . . . . 76 Mullen V. Bowman . . . . 352 Mannings, Attwood i: . . 398 Munro, Ex parte . . . . 408 MuiTay I'. East India Company 404 V. Lord Elibank .'. 378 ■ Wood house v.. . . . 51 Mussen, Kinnersley e. . . 100 Myers v. Perigal . . . . 348 N. Nash r\ Hodgson Sprigens v. Naylor v. Mangles Neate, Eranklin i\ Needham r. Kirknian . v. Smith Webb r. Neilson, Ex parte v. Hai-ford Nesham, BaiTV r. Netherseal, Rex i\ Nevill, Walker v. Newall, In re . . Newbon, Wakefield v. Newman, Page v. Newnham, Pai-beny v. Newton, Ex parte i: Askew i: Beck and Hetherington, Nichol, Jackson i: Nicholls v. Bastard r. Judson . . 'V. Rosewame V. Stretton . . Nichols, Inglebach i: . . V. Norris r. Roe . . Nicholson v. Bower Potter V. V. Potts V. Revill Nickels v. Haslam Nicolls, Smith r. Nimmo, Ellis v. Nix, Bryans v. Nixon V. Brownlow . . Noble, Devaynes v. Vulliamy r. . . Nockolds, Hunter r. . . Norbury i-. Norbury . . Norcliffe, Ambei-gate, &c. way Company ;•. Norcott V. Gordon 83, 121 .. 195 .. 30 .. 27 .. 296 .. 296 .. 356 .. 216 .. 241 .. 316 .. 332 .. 128 237, 238 ., 31 .. 114 .. 189 .. 292 .. 298 .. 11 Re 186 .. 45 .. 27 .. 346 .. 234 90, 91 .. 127 .. 122 .. 193 .. 41 .. 100 .. 127 116, 311 .. 241 .. 102 .. 75 .. 37 .. 212 121, 312 .. 315 .. 403 .. 201 Rail- 212 346 PAGS Norfolk Estuarj' Co., Hall r. 211 Norman r. Baldry . . . . 341 — Fergusson i;. . . . . 89 V. Phillips . . . . 42 v. Thompson . . . . 120 Norris v. Irish Land Co. . . 63 Nichols?'. .. ..122 V. Wright . . . . 283 North Eastern Metropolitan Asylum District, Gibbous v. Northey v. Field V. Northey Norton v. Frecker Norton's patent Norwood, Elvy v. Nom-se, Richardson v Nugent, Blair v. V. Gifford Nnmes v. Scipio O. Observer Life Assurance So- ciety, Hodson V. Ockenden, Ex parte Ogilvie V. Foljambe Oldham r. Hughes Olive, Stephens v. Oliver, Ex parte Smith V. Oliveira, Beaumont v. Onslow ;;. Onslow Onwhyn, Stockdale v. Ormond (Marquis of) v. K\ nersley Orr V. Dickinson Osborn r. Morgan . Silk V. .. Other V. Iveson . Otter v. Melvill Oulton, Crallan i: Ouseley v. Austruther Overhill's trust Owen, Eardley v. r. Homan V. Thomas Oxford, Earl of, Beavnn r. Packman, Sloane ?•. Page I". Bennett f. Newman r. Page . . Powles V. . . Pajiet V. Folev . . .. 92 .. 180 .. 114 .. 351 :'19, 409 .. 403 INDEX TO CASES CITED. XXXlil PAGE Pain, Lee v. . . . . . . 35 1 Ridout V ] 92, ] 93 V. Whitaker . . . . 28 Paine, Gleaves r 377 Palles, Simmonds r 299 Palmer, Fraser v. .. .. 292 Hall r 89 Hay V 265 Vandenberg r. . . 36 V. Wakefield . . . . 382 V. Wheeler . . . . 275 Parberry ?;. Newnham . . 189 Pardo V. Bingham . . . . 402 Paris ?'. Paris . . . . . . 263 SpaiTow ?7. .. .. 71 Parish, Drummond r. . . 323 Parker, Baldey V. .. .. 41 Clarke v 370 Hoare v. . . . . 261 Sparling v. . . . . 348 Stanes v 292 Watson t' 110 Parkesr. Smith ,. ..186 Parkin V. Carruthers .. ..314 Parkinson, Ames v. . . . . 201 Pamham ?'. Hurst .. ..117 Parrott, Alger i' 267 Parr}', Barrett i'. .. .. 189 Parsons, Bank of England v. 208 ■ Harms?'. .. .. 91 Partington, Andrews r. . . 280 Partridge, Wheldale v. . . 287 Pass, Poole v 293 Patch, Channon v. . . . . 18 Patent Derrick Co., Thames Iron Works Co. v 29 Paton V. Sheppard . . . . 264 PauU V. Best . . . . . . 155 Pawle V. Gunn , . . . 73, 204 Pawlett (Lord William), Ex parte . . Paxton, Cholmeley v. . . V. Popham Payne -v. Deakle Paynter, Adams v. V. Harrison Peacock, Berriman v. ■ . Hunt i\ t\ Rhodes Peake, Ex parte Pearly v. Smith Pearse v. Jackson Pearson v. Dawson . . Foster *'. Freeland v. Peck, Dawes v. Pedley t'. Goddard Peel, Cockburn t: w.r.p. 283 19 88 189 291 118 18 406 395 313 264 233 37,42 395 352 42, 45 193 284 PAGE Peel V. Tatlock ,. ..116 Peer v. Humphi-ey . . . . 396 Peering, Ford r. . . . . 12 Pelly V. Wathen . . . . 31 Pemberton, Ex parte . . . . 31 r. Vaughau . . 91 Wortham r. . . 377 Pendlebury r. Walker 116, 122 Pennell r. Reynolds . . . . 134 Pennistone, Waterfall r. . . 60 Penny i\ Innes . . . . 86 Penoyre, Ward v. . . . . 341 Penton, Davies v. . . . . 71 Perigal, Myers r. . . . . 348 Perkins r. Bradley . . . . 47 Groves v 878 Walker v 89 Perrin r. Lyon . . . . . . 369 Perry, Creed v. . . . . 381 V. Jenkins . . . . 404 r. Truefit 257 Peny's Executors v. The Queen 352 Fetch V. Tutin 34 Peter r. Compton . . . . 80 -y. Rich .. .. .. 115 Peterborough (Bishop of ), Boyle 'V 272 Petre v. Espinasse . . . . 298 Petrie v. Bury 302 Pettitt, Thompson r 39 Petty r. Anderson . . . . 383 Mentney v 362 V. Sty ward . . . . 306 Pfleger r. Browne .. 120,122 Phelp v. Amcotts . . . . 296 Philanthropic Society r. Kemp 349 Philips r. Robinson . . . . 10 Phillips, Norman i\ . . . . 42 V. Phillips . . 305, 307 ■ Swann ;'. . . 84, 409 Phillipson v. Gatty . , . . 282 Philpot I'. Briant .. ..117 Philpott, Ex parte . . . . 123 V. St. George's Hos- pital 349 Phipps, Holford v 293 Pickering c. Applebv . . . . 204 v. Busk ' . . . . 398 v. Dowson . . . . 399 V. Ilfi-acombe Railway Co. . ; 207 Pocock r 101 Pickford, Aspinall i'. .. .. 30 Picton, Shaw ?'. .. .. 121 Pidding v. How . . . . 257 Pidgley -v. Rawling . . . . 18 Pierce v. Thornely . . . . 379 Pierson r. Garnet . . . . 274 XXXIV INDEX TO CASES CITED. Piggott, Clancey r. Wilson r. PAGE .. 79 272, 273 27,28 Pigot v. Cubley Pigdt's case .. .. ..'88 Piick, Shower r 36 Pilkington, Smith ;• 232 PimbW, Fisher i- 192 Pinchon's case . . . . . . 105 Pinke, Hinton v. . . . . 34i Pinkney r. Hall ., ..318 Piper, Cradock v. ,. . . 292 Pitt, Higgins v. . . . . 122 Plaice, Russell v 339 Piatt 'V. Routh 337 Plummer, In re .. ..313 Plymouth (Earl of), Padout r. 374 Pocock, Brown v. r. Pickering Roberts -v. Pole IK Harrobin Poole, Crofton v. r. Pass . . Pope, Med worth v. Rusden v. Seagrave v. Popham, Paxton v. Poppleton, Evcrard c. . . Porter, Watts v. Whitehead v. Portland (Duke of), Topham v. 275 38; 101 345 89 158 293 349 GO 232 "88 101 206 126 Pott ('. Eyton Potter, Hall r. . . Kirby t'. V. Nicholson Potts, Nicholson r. Powel, Shafto v. Powell V. Hellicar ■ v. Lloyd r. Merrett V. Rees . . Power tK Barham Powle V. Gunn Powles V. Page Pownal, Hoist i\ Prance v. Sympson Presland, Miles v. Prescot, Snce r. Prescott (' Boucher ■ Holmes v. Hopkins v. Preston v. Melville Prestwood, Duraut v. Price r. Anderson Barker v. . . r. Green . . Green v. . . Harrington v. Hewitt V. . . 316 .. 370 .. 344 .. 100 .. 127 .. 102 .. 327 .. 123 .. 364 .. 67 .. 399 .. 73 319, 409 .. 45 .. 77 .. 206 .. 44 .. 377 .. 2G8 .. 90 .. 263 .. 362 .. 263 .. 311 .. 71 90, 91 .. 10 .. 230 Price Hyde i'. . . Prosser v. Price V. Richardson Pride r. Fooks.. Pride aux v. Lonsdale Prieaux, Lee t;. Pring V. Pring . . Prior V. Hembrow Pritchard i\ Arbouin Lodge V. Shaw V. Proctar ;■. Sei'gent Prosser, EA-ans i\ Price Proudley i\ Fielder . . Pryor r. Pryor . . Pugh r. Stringfield '^^ Taylor . . Pulham, Firmin r. Pullen V. Purbecke Purbccke, Pullen v. . . Purdcw r. Jackson Pye, Ridout v. .. Pym V. Great Northern Railw. Co Sweet V. .. Q. Quartermaine v. Bittleston . . Queen, The, v. Mill . . V. The Lords of the Treasury . . Perry's Execu- tors V. r. Whitmarsh . . PAGE ..114 .. 233 .. 79 201, 293 .. 383 .. 384 .. 352 .. 188 .. 349 .. 313 .. 92 .. 91 .. 370 .. 233 .. 384 .. 275 .. 305 .. 383 .. 293 .. 53 .. 53 .. 380 .. 191 65 32 54 242 264 352 214 R. Race, Miller v 395 Rachfield v. Careless . . . 352 Radburn I'. Jervis .. ..199 Ralph, Bird r 68 Ralston v. Smith . . . . 242 Ram, Ex parte . . . . 406 Ramsbottom, Harcourt r. .. 191 Hoojier v. .. 12 Ramsden r. Smith , . . . 296 Randall r. Randall . . . . 305 r. Russell . . . . 262 Rankin, Holderness v. . . 54 ' V. Weguelin . . . . 327 Rann v. Hughes . . . . 72 Rannie r. Irvine . . . . 91 Ransome r. Burgess . . . . 280 Ravenshaw tJ. H oilier.. .. 299 Rawling, Pidgley fj. .. .. 18 INDEX TO CASES CITED. XXXV Eawlings r. Jennings . . In re . . Kawlinson /'. Clarke ■ . Williams r. ■ . Rawson v. Johnson Eawsthom v. Arnold . . Read, Balding v. Reaj, Cookson v. V. Richardson Redfern, Livesay v. . - Reed v. Wilmot Rees r. Keith . . Powell V. . . Reeve, Beaumont v. . , V. Whitmore • . Reeves v. Watts Regina i: Londonderry and Coleraine Railway Co. V. Whitmarsh . . Reid, Donellan v. r. Fryatt . . ■?). Hollinshead . . West -v. .. Reilly v. Jones Lockhart v. Reindell v. Schell Rendall, King v. Rennoldson, Morley r. 8fiD, Revill, Nichdlson «. .. IIG, Rex V. Bardell . . V. Collector of Customs V. Greenhill V. Hill . . V. Netherseal V. Sankey V. SheiTington . . r. Wheeler Reynell v. Lewis Reynish v. Martin . . Reynolds, Bodley v. . . i\ Bowley . . r. Hall ■ Pennell v. . . Robinson v. . . Rhodes, Howard v. Peacock v. .. i V. Smethurst . . Rhys, Lacy v. .. Rice V. Shute . . Weall?' Rich, Peter v. .. Richards v. Heather . . V. James . . V. Richards . . Wilding V. . . Richardson v. Bank of England • V. Brown . . • Ex pai"te . . AGE 200 128 316 121 43 \U 34 288 120 845 48 378 0,1 76 35 127 211 214 80 180 318 409 71 115 71 128 370 311 186 305 380 190 332 31 388 241 320 370 46 314 54 184 87 292 395 405 248 312 346 115 309 50 376 299 213 399 315 Richardson v. Gilbert V. Greese . . r. Horton . . Hume v. . . r. Jenkins Leslie v. .. V. Nonrse. . Price V. . . Reay v. . . Warwick v. Riches, In re . . Ricketts, Griffiths r. . . 28 V. Lot'tus Rickman r. Morgan . . Ridgway v. Clare Ridley v. Ridley Ridout t\ Earl of Plvmouth c. Pain ".. 19 r. Pye . . Rigby, Be, Jennings r. Rigg r. Earl of Lonsdale Right (I. Compton r. Coaipton Rijdey v. Waterworth Rishton t\ Cobb Roberts, Bramah v. . . Cave r. v. Pocock r. Spicer r. Walker V. Wyatt Robertson, Dimsdale r. IMacdougall /'. 188, Robinson, Brandon v. Crow V. Cusack V. . . V. Geldard . . Philips V. . . r. Reynolds V. Robinson 201, V. Wheehvright Roddam v. Morley Rodway, Sanders v. . . Roe, Nichols v. Rogers, Abbott v. V. Ac aster Chaplin v. — V. Kennay Rogers's trusts Roile, Ryall v. Rose, Leicester v. Rosewame, Nicholls r. Rosier, Shackell v. Ross ('. Adcock Bateman v. Ross's trust Rossiter, Hooper r. Rouch ■?'. Great Western Ry. Co, c 2 'AGE 247 846 309 284 106 189 192 79 120 308 319 , 299 272 347 313 80 374 , 193 191 102 102 22 370 208 369 319 864 345 884 47 25 189 189 385 207 41 349 10 87 282 385 402 387 193 215 381 36 25 265 49 122 234 74 69 388 386 26;; 150 INDEX TO CASES CITED. PAGE Round, Addison i\ . . . . 25 Eoundell r. Brearey . . . . 297 Routh, Piatt V. .. . . 337 Routledge v. Dorril . . 27-1, 276 r. Grant . . . . 81 Low V 248 Rowland, Clegg v 342 Rowlands, Cope v. .. . . 89 Rowlandson, Ex parte . . 316 Rowles, Ryall v. . . 36, 49 Royal Exchange Assurance Co. Elliott ?J 184 Royal Mail Co. , European Co. v. 60 Ruddell r. Dobrce . . . . 327 Rudge i\ Winnall . . . . 17 Rusden v. Pope - . . . 60 Rushforth v. Hadfield . . 30 Russell, Douglas v. .. .. 62 Huntley r 69 T. Ledsham . . . . 237 Jjjde V. .. .. 15 Macnaught r. . . 128 March i'. .. ..341 V. Plaice . . . . 339 Randall v 262 . V. Smith . . . . 248 Rutland, Duke of, v. Duchess of Rutland 362 Ryall r. Rolle 49 V. Rowles . . 36, 49 Saddler's Company v. Badcock 179 St. George's Hospital, Philpottr. 349 St. John, Lord, ?'. Boughton.. 401 Lord, V. St. John, Lady 388 St. John, Duke of Marlborough V 68 Sainter V. Ferguson .. .. 71 Salkeld, In re 196 Saloon Omnibus Company, Hale V. Salt, Stead r Saraon's case . > Samuda, Zwinger r. . . Samuel r. Duke i\ Howarth . . . . Sandeman v. Mackenzie Sanders, Bloxam r. V. Rodway Sanderson r. Bell Sandwich, Lord, Case of Sandys, Warburton r. Sanger, Cutten v. Sankey, Rex p. 52 . 319 . 191 . 37 . 396 . 116 . 273 43, 46 . 387 . 29 . 275 . 290 . 298 . 31 Sargent, Higgins v. . . Saunders, De Mautort r. Tollit t' f. Topp r. Wakefield Savage, Browne ?'. Savill V. Barchard Sawyer, Whittem v. . . Savers, Horton v. Scales V. Maude Scarborough v. Borman 385, Scarpellini i-. Atcheson Scattergood v. Sylvester Schell, Reindell v. Schwabe, Clift r. Scipio, Numes v. Scott V. Avery . . Champemown t r. Corporation of Liver- pool . . Scott, Driver v. Drury r. . . Evans r. . . r. Jones . . r. Lord Hasting Mather ?'. V. Spashett . . 377, r. Van Sandau .. 187, Scottish Union, &c., Simpson v. Scratton, Le Vasseur v. 871, Seagrave r. Pope Seaton v. Benedict Sedgwick, Martin r. .. 319, Seed i: Higgins Selby r. Selby . . Self, Fleming v. Sergent, Proctor r Seton, Clarke r. Sewell, Stickney v Shackell r. Rosier Shaftesbury, Earl of, Lewers v. Shafto V. Powel Shalmer, Spalding r. Shaw, Badger r. V. Evans . . Hodgson r. V. Picton . . r. Pritchard Shee, Clarke r. Littlefield r. Shelley, Gill r. Shepherd, Cooper r. Zachary v. Shepherdson, Monkm Shepley v. Davis Sheppard iK Duke Shepperd v. Kain Paton r. AGE 114 312 196 41 79 408 30 378 183 36 386 376 397 71 176 204 184 31 184 293 296 278 406 207 349 379 191 180 379 232 382 409 242 81 232 91 108 282 74 64 102 288 60 114 121 92 395 76 350 46 193 76 40 401 399 264 INDEX TO CASES CITED. XXXVH Sherrard t\ SheiTard Sherrington, Rex r. V. Yates PAGE . 264 , 388 . 375 , 292 , 405 , 30 Sherwood, In re Shewen r. Vanderhorst Shiffner, Man v. Shilling V. Accidental Death Insurance Company . . 176 Shipbrook, Lord, v. Lord Hinch- inbrook 293 Shipman, Bush r. .. ..122 Shore, Lady v. Billingsley . . 303 Shorrock, Boyd r. . . . . 60 Shortland, Ex parte . . . . 298 Shower v. Pilck . , . . 36 Shute, Rice-y 312 Shuttleworth v. Greaves . . 344 Wigg r 90 Sibree v. Tripp . . . . 120 Sid well V. Mason . . . . 77 Silk, JerYoise v. . . . . 280 r. Osbom . ." . . 158 Simmonds r. Palles . . . . 299 Simmons, Farebrother t\ . . 43 r. Gutteridge . . 330 Simond v. Hibbert . . . . 30 Simonds v. Hodgson . . ..182 Simpson, Cowell v. . . 30, 32 GaiTod w 126 V. Scottish Union &c. 180 Thompson r. .. 275 Sims r. Thomas . . 297, 403 Simson u. Ingham .. .. 121 Sinclair v. Jackson . . . . 403 Sing V. Leslie . . . . 274 Skarf r. Soulby . . . . 297 Skeen, Hogg r. .. ., 319 Skerrat, Ex parte . . . . 298 Skey 'V. Barnes . . . . 277 Skillem, Amies ?'. . . . . 303 Skinner, Braithwaite i'. . . 6 V. Upshaw . . . . 29 Skip, West V 36 Slatter r. Slatter . . . . 388 Sleech v. Thorington . . . . 344 Slingsby's case • . 302, 304 Sloane v. Packman . . . . 92 Smailes V. Wright .. ..195 Small, Churchill r 12 Jeflfereys r. . . . . 305 Smallpiece, Irons r. . . . , 36 Smarte v. Edsun . . . . 310 Smethurst, Rhodes /•. . . . . 405 Smith, Re 127 ■ Allen r. . . . . 29 Antrobus r. . . . . 36 V. Bond . . . . 108 ' r. Brnnino- .. .. 870 Smith, Carpenter v. . V. Chichester , V. Clarke Farmer v. Fox V. . , Grace v. r. Hudson V. Hurst ■ Hutchings v. . V. Jarvis r. Keating ' Lawi-ence v. . M'Ewan v. ■ Martindale v. . ■ Needham v. V. NicoUs V. Oliver Parkes v. Pearly v. r. Pilkington . Ralston r. Ramsden v, Russell V. r. Smith Vernon r. V. Whitmore . Whitmore v. . Williams v. Smithard, Cornforth r. Snee r. Prescot Snellgrove v. Baily Snow, Goddard r. Wilbraham r. Soane, Conduitt r. Sollors r. La\\Tence Somerville, Hotham r. Somes, British Empir ping Company r. Sothern, Swanwick r. . Souch r. Strawbridge. Soulby, Skarf i\ South Carolina Bank i: Sowray, Lingen r. Spackman r. Miller Spalding, Alsager r. V. Shalmer Sparling r. Parker Span'ow, Ex parte Farmer r. r. Paris Spashett, Scott r. Spencer, Hill v. r. Spencer Spettigue, White v. Spicer, Roberts r. Spiers, Thompson v. Spirett r: Willows Spooner, Vandenbun I'AGE .. 237 .. 31 .. 85 .. 232 .. 192 .. 316 41, 45 .. 299 .. 379 .. 318 .. 299 .. 91 .. 37 ... 39 .. 296 .. 102 .. 349 .. 186 .. 264 .. 232 .. 242 .. 296 .. 248 341, 408 .. 179 .. 194 .. 191 .. 396 .. 77 .. 44 .. 327 .. 383 .. 25 .. 262 .. 68 .. 12 Ship- .. 29 .. 39 .. 80 .. 297 . Case.. 319 .. 288 .. 49 .. 122 .. 288 .. 348 .. 49 .. 232 - 71 377, 379 .. 89 .. 274 .. 396 .. 384 408, 409 .. 377 .. 42 XXXVlil INDEX TO CASES CITED. PAGE Spragiic, Ex parte .. ..314 Sprigens r. Nash . . . . 195 Squire v. Mayor . . . , 16 *'. Whitton .. ..116 Stafford, Earl of, r. Buckley . . 11)9 Stahlschniidt v. Lett . . . . 405 Stainbank, Davies <\ . . .. 116 Stainton, Maclaren r. .. .. 263 Stallvvood, Tharpe v 357 Stahvorth r. Inns . . . . 191 Stamford, Heard r. .. . . 382 Stamper ;;. Barker . . . . 388 Stanes v. Parker . . . . 292 Stanger v. Miller . . ..123 Staniland v. Willott . . . . 328 Stanley r. Bemes . , . . 325 Stannard, Angier v. .. .. 293 Stansfeld v. Cubitt . . . . 50 Stanton v. Hall . . . . 379 Stapleton r. Hajonen . . . . 57 Statham, Adam r. . . . . 192 Stead, Barker v. . - . . 320 V. Salt 319 Steadman v. Hockley . . . . 31 Stear, Johnson v. .. . . 28 Steele, Swan I'. .. .. 318 Steinkeller, Devaux v. . . 84 Steinmitz i\ Halthin . . . . 378 Stephens, Edgeberry r. . . 239 Hart V. . . . . 376 r. Olive . . . . 387 Sterling, Ex paile . . . . 31 Stevenson f. Blakelock . . 30 Toft (• 403 Steward r. Greaves . . . . 214 Stewart, Hitchman r. . . .. 115 Mackinnon i'. .. 299 Stickney r. Sewell . , . . 282 Stiff, Cassell (' 254 Stockdale v. Onwhyn . . . . 91 Stocken v. Stocken . . . . 280 Stocker V. Brockelbank .. 316 Stokes, Brice r 293 V. Holden . . . . 47 V. Moor . . . . 81 Stone V. Marsh. . . . 318, 397 Storie, Long v.-. . . . . 92 Stoughton, Medina v 399 Stoveld V. Hughes . . . . 36 Strafford, Lord, Byng v. . . 266 Strang, Berndtson v. .. .. 45 Strathmore, Countess of, v. Bowes 383 Stratton v. Grymes . . . . 370 Strawbridge, Souch v... .. 80 Streatfield w. Halliday .. 310 Stretton, Nicholls v. . . 90, 91 Stringfleld, Pugh r. . . . . 305 PAOB Strode w. Blackburne . . ., 12 Strutt, Decks v. . . . . 6 Galsworthy v... . . 71 Stuart V. Burrowes . . . . 332 Grey v. . . . . 296 Stubbs, Hughes v 299 Studdy, Churchward c. .. 21 Sturges, Welchman v. . . 357 Sturgis ?;. Champneys . . .. 377 V. Darell . . . . 405 Styles V. Guy 293 Sty ward, Petty V 306 Sumner, Gam hart r. . . . . 251 Sunbolf V. Alford . . . . 29 Sutton V. Buck . . . . 27 Fitch V. . . . . 120 Swallow V. Binns . . . . 277 Swan ■('. Steele . . .. .. 318 Swann, Jovce ^\ . . . . 40 T. Phillips . . 84, 409 Swans, The case of . . . . 19 Swanwick v. Sothern . . . , 39 Swayne v. Swayne . . , . 409 Sweet i\ Benning . . . . 247 V. Pvm 32 Swift V. Swift 389 Swinburne, Cray thorne r. .. 116 Swindell, Cull wick i\ . . .. 14 Swinnerton, Heming r. . . 186 Swinton, Willoughby i\ . . 109 Sworder, Castle v. .. . . 42 Sylvester, Scattergood v. . . 397 Symes, Balch v. . . . . 31 Symonds, Thompson v. . . 251 Williams v. . . 409 Sympson, Prance v. .. . . 77 Synge, Howe v. . . . . 90 Taggart, Carter v. . . 264, 379 Tapfield v. Hillman . . . . 34 Tap penden t'. Burgess .- 123 Tate V. Hilbert . . 327, 328 Tatlock, Peel v 116 Tattersall, Kirkpatrick v. . . 76 Taunton, Wood v 196 Taylor ;•. Haygaith . . . . 364 Linley v. ■ . . . 348 V. Martindale . . . . 199 Miller v 246, r. Pugh . . . . 383 In re 389 Tetley r 128 r. Tunibull . . . . 207 Wallist' 267 Waters -y 183 Tcbbs f. Carpenter .. .. 201 INDEX TO CASES CITED. XXXIX Teesdale, Dickinson v. Tenqicst iK Tempest . . Templeton r. Warrington Tench, Lloyd i\ Tetley v. Taylor Teynham, Lord, v. Webb Thames Iron Works Company ;-. Patent Derrick Company Tharpe v. Stallwood . . Thelluson, Hobson v. .. Thomas v. Desauges . . James v. Owen V. Sims V. . . V. Thomas PAGE 406 349 , 277 , 302 128 , 273 Thomason v. Frere Thompson v. Dominy . Farrant v. . Fraser r. V. Griffin Hill y. Jackson v. f'. Lack ■ Norman v. . r. Pettitt . r. Simpson . V. Spiers V. Symonds . . V. Thompson Thompson's trusts Thorington, Sleech v.. . Thorneley, Pierce v. .. Thornton, Lnnn ?'. Thorpe, Glynn v. ('. Jackson Williams )'. Thnrlow, Cunynghame v. Tibbett, Morton v. Tidd V. Lister . . Tidswell v. Angerstein Tipping V. Tipping . . Todd {'. Wilson Toft v. Stephenson ToUit V. Saunders Tolson V. Dykes Tonilin v. Mayor of Fordwich Topham v. Duke of Portland. . Duncan v. Topp, Saunders v. Tojiping, Ex parte V. Key sell Townroe, Wightman r. Townsend v. Mai'tin . . Townshend, Lord, v. Windham 374 Travers v. Travers . . . . 29G Treasury, Lords of the. The Queen v. . . . . . . 2G4 20 357 .. 52 .. 150 .. 108 .. 81 297, 403 .. 391 .. 306 .. 62 .. 16 .. 74 .. 280 239, 241 .. 1G8 •• 29 116, 311 .. 120 .. 39 .. 275 408, 409 .. 251 .. 348 .. 47 .. 344 .. 379 .. 34 .. 106 .. 312 .. 408 .. 275 .. 41 .. 379 .. 177 .. 374 292 .. 403 .. 196 .. 172 191 275 81 41 313 134 315 345 PAGE Trimmer v. Danby . . . . 264 Tripp, Longman r 255 Tripp, Sibree z'. .. ..120 TroUope v. Linton . . . . 372 Trotter, Mackintosh t;. .. 14 Truefit, Perry v. . . . . 257 Trueman v. Fenton . . . . 76 Trye r. Gloucester, Corporation of S49 Tucker, Hayter v 348 Tucker, In the Goods of . . 334 r. Laing .. ..117 Tuer V. Turner . . . • 382 Tugman v. Hopkins . . . . 384 Tullett V. Armstrong . . 385, 386 Tupper, Bamfield v 82 Turbv V. Bates . . . . 40 Turnbull, Godfrey r 3i5 Tavlor r 207 Turner, Coles v 127 Kidson v. .. . . 76 Tuer V 382 V. Turner .. 199, 279 V. Vaughan . . . . 89 . Ward r 36 . Woodr 327 Turquand v. ISIoss . . . . 128 Turton, Maberley v 280 Tutin, Fetch v. . . . . 34 Tutton, Holmes ?'. .. ..119 Twynam, Coope v. ■ . ..116 Twyne's case . . . • 48, 75 Tyler r. Jones 188 . V. Lake 384 Tyndall, Attorney-General r. 349 Tyi-e, Williams v 230 U. Upshaw, Skinner r. . . Usborne, Jenkyns v. . . V. Valpy, Dickinson v. . . Van V. Barnett Van Casteel v. Booker Vandenbergh v. S])ooncr Vandenbm-g r. Palmer Vandeputt, Wiseman v. Vanderhorst, Sheweu v. Van Sandau, Scott v. . . Vansittart v. Vansittart Vaughan, Grant v. Jenkin v. Pemberton r. Turner ;•. . . Walmslcy v. 187 20 45 319 287 45 42 36 44 405 191 388 395 298 91 89 273 xl IXDEX TO CASES CITED. Vawclry, Cartwright r. Vawser, Brown v. Veal V. Veal . . Venables v. East India Com PAGE 350 . 197 , 327 pany Vere v. Ashby • . /. Vernon, Davies v. Lepard v. r. Smith Vick, Edelston r. Viner v. Francis Vulliamy v. Noble W. .. 330 .. 318 10, 12, 31 .. 398 .. 179 .. 257 .. 351 .. 315 W., B..V 387 Wackerbath, Mollett r. . . 88 Wade V. Dowling . . . . 191 Wainewright, Barclay r. . . 263 Wainsford, Warner v. . . 357 Waite v. Jones . . . . 90 Jones V. .. . . 387 Wakefield v. Brown . . . . 304 -v. Newbon . . . . 31 Palmer r. . . . . 382 • Saunders v. . . . • 79 Wales, Leighton y. .. 71,91 Walford, Dyke v. .. . . 355 Walker v. Giles . . . . 233 V. Milne . . . . 348 ^'. Nevill .. ..128 Pendlebury v. . . 116,122 V. Perkins . . . . 89 Roberts v 47 — ^— Woodmeston r. . . 385 Young?? 192 Wall, Harris v. .. . . 77 Wallace v. Auldjo . . . . 378 V. Woodgate . . 29 Wallis, Binnington r. 74, 90 V. Day . . . . . . 91 Fordhara v. .. . . 83 V. Hodson . . . . 362 . Mason v. . . . . 189 r. Taylor . . . . 267 Walmesley r. Milne . . . . 14 Walmsley v. Vaughan . . 273 Walrond v. Walrond . . . . 388 Walsh, Gale v. . . . . 86 V. Whitcomb . . . . 117 Walter v. Adeock . . . . 127 r. Hodge . . , . 327 V. Macdonald . . . . 85 Walter Idle's case .. .. 19 Walters, Bevan v. . . . . 29 Walton, Hitchman r. .. 14, 16 . :». Lavater .. 244,307 PAGE Wane, Cumber v. . . . . 120 Warburton r. Hill . . . . 207 V. Sandys .. L'90 Ward, Bainton v 269 V. Beck 57 V. Byrne . . . . . . 91 V. Combe 263 Greenberg v. . . . . 1 27 Merriman v. , . . . 121 «. Penoyre .. ..341 V. Turner . . . . 36 V. Yates 379 Warde, Bristow v 273 Dudley v 16 In re 285 Warden t\ Ashburner . . 264 Wardroper v. Cutfield . . . . 264 Waring i>. Lee. . .. .. 273 Warner and Powell's Arbitra- tion, Re . . . . 190 Mare f. .. ..122 V. Wainsford . . . . 357 Warrington, Templeton v. . . 277 Wanvick, Countess of, Ed- wards V. . . 265 March V 128 V. Richardson . . 308 Waterfall v. Pennistone . . 50 Waterhouse, Close v. .. . . 30 Waterpai'k, Young v. . . . • 272 Waters V. Taylor .. ..183 Waterworth, Ripley v. .. 208 Wathen, Pelly v 31 Watmough's trusts, In re . . 349 Watson V. Birch . . . . 401 Jessopp V. .. . . 362 Keightley v. . . . . 304 r. Parker .. .. llO Watt V. Watt 384 Watts r. Girdlestone .. 201, 293 V. Jelf eryes . . . . 206 V. Porter 206 Reeves v. .. . . . . 127 Waugh r. Carver .. 316,319 Edmunds v 403 Way ». Bassett .. ..312 Way's settlement, Re . . . . 298 Weall V. Rice 346 Weatherby, Brown v... . . 312 Webb v. Fox 158 V. Grace 370 V. Hewitt 116 V. Needham . . . . 356 Teynham, Lord, r. . . 273 Webb's Policy, Re . . . . 408 Webster r. Webster . . . . 315 Weguelin, Rankin ??. . . . . 327 Welchman, In re . . . . 378 INDEX TO CASES CITED. xli PAGE Welchman v. Sturgis . . . . 357 Weld, Graves v. . . . . 17 Weldon r. Gonld . . . . 30 Wellaiid, Balfour r 2S8 Wellesley r. Beaufort, Duke of 388 ' Earl Cowley v. . . 18 T. Wellesley . . 297 Wellington f. Mackintosh ., 183 Wells i\ Horton . . . . 80 Wennall r. Adney . . . . 76 Wenslcy, Ex parte . . . . 134 West V. Beruey . . . . 271 Hartlepool Harbour and Eailvvay Co., Wilson v. 212 Hebdon v. . . . . 176 V. Reid 409 V. Skip . . • • . . 36 Westland, Wiseman v. ..12 Westmacott, Harmer v. . . 255 Westmeath, Marquis of, Hiud- ley c 387 Westminster Brymbo Coal and Coke Company Limited, Wheatley v 184 Weston, Foster ?). .. ..114 Wetherell r. Langston . . 304 V. Wilson . . . 281 Whale V. Booth . . . . 339 Whalley, Carter t; 315 Wheatcroft v. Hickman . . 316 Wheatley v. Westminster Brymbo Coal and Coke Company Limited .. ..184 Wheeler, Bushel w 41 Doe d. Stace r. . . 330 Palmer v. ,. . . 275 Uexv 241 Wheelhouse t;. Ladbrooke .. 109 Wheelwright, Robinson v. . . 385 Wheldale v. Partridge . . 287 Whinery, Minnit t; 319 Whinman v. Kynman . . . . 82 Whitaker, Pain v 28 Whitcomb, Walsh i; 117 White, Acton v. . . . . 386 Blake i; 116 V. Grane . .• , . 281 u. Spettigue . .. 396 Whitehead D. Porter .. ..126 Whitfield ?;. Bewitt .. ..18 Whitmarsh, Regina i . . . 214 Whitmore, Reeve v. ,. . . 35 V. Smith . . . . 191 Smith?; 194 Whittaker v. Howe . . . . 91 Whittem v. Sawyer . . . . 378 Whittingham, In re . . . . 390 Whittingstall t). Grovcr .. 313 w.r.p. PAGE Whittle V. Helming . . . . 381 Whitton, Squire «;. .. ..116 Whorwood, Cooke V. .. .. 192 Wigg V. Shuttleworth . . . . 90 Wightman y. Towuroe .. 315 Wilbraham v. Snow . . . . 25 Wilcox, Kruges v. . . . . 32 Wild V. Clarkson . . . . 108 Wilding v. Richards .. .. 299 Wildman v. Wildman . . . . 200 Wiles c. Gresham . . . . 285 Wilkins, Bristead v 207 V. Bromhead . . . , 40 Wilkinson v. Adams . . 349, 350 V. Byers . . . . 120 V. Candlish . . . . 133 V. Evans . . . . 42 «. Henderson ,. 312 Willet V. Chambers . . . . 318 Williams D. Burgess .. .. 101 Clarke t; 126 Eads?; 191 ( . Evans . . . . 14 Evans v. . . . . 102 Ex parte . . . . 280 V. Frost . . . . 236 V. Hayward . . . . 233 . ti. Heushaw.. .. 303 V. Lake . . . . 79 — Mauders t). .. ..27 • V. Moor . . . . 77 V. Rawlinson . . 121 V. Smith . . . . 396 t. Symonds . . . , 409 V. Thorpe . . 408, 409 w. Tyre .. ..230 W^illiamson, Chamberlain v. . . 67 Willing D. Baine .. ..303 Willis V. Black . . . . 296 V. De Castro .. .311 «. Hiscox 293 Willomatt, Cooper v 28 Willott, Staniland v 328 Willoughby, Foljambc D. .. 281 V. Swinton .. 109 Willows, Spire tt v. . . . . 377 Wills V. Hacon . . .126 Wilmer v. Currey . . . . 309 Wilmot, Reed v. . . . . 48 Wilmshurst v. Bowker . . 45 W^ilson V. Brownsniith . . 345 V. Hood . . . . 32 Lucas V. . . . . 193 V. Piggott . . 272, 273 Todd /'. . . . . 292 V. West Hartlepool Har- bour and Railway Co. 21 2 — Wetherell «... . . 281 d IXDEX TO CASES CITED. Wilson r. Wilson Wilton V. Colvin Wiltshire, Doran v, Winch V. Keeley . Winchelsea, Earl of, Deeringu. 115 Windham, Townsend, Lord, o. 374 PAGE 293, 387, 388 ..296 ..288 117 Windle v. Andrews Windsor, Lincoln v. . . Winn V. Ingilby Winnall, Rudge v. Wise V. Metcalf Wiseman v. Vandepntt t>. Westland . . Wishart v. Eowler Witham, In the Goods of Witt V. Amis . . Wolverhampton New Water works Co. V. Hawkesford Wombwell v. Hanrott . . '. Wood V. Adcock Climie v. .. V. Dixie . . Ex parte . . Gomley v. V. Taunton V. Turner V. Wood . . Woodgate, Acton v. . . Wallace v. . . Woodhead, Cresswick v. Woodhouse v. Murray Woodman, Bowyer v. . . Woodmeston v. Walker Woods V. Foote Woolfit, Cooper v. Woolley, Jackson v. . . YV^orrall v. .Jacob Worrell v. Johnson . . 86 292 16 17 68 a 12 123 331 327 211 ,273 192 14 52 54 292 196 327 118 299 29 330 51 403 385 127 17 312 387 31 PAGE Wortham v. Pemberton . . 377 Wren v. Bradley . . . . 387 Wright, Cook v 74 Killbyj) 127 Lomas ». .. ..110 V. Maunder . . . . 168 V. Morley . . . . 379 Norris v. .. .. 288 Smailes v. . . . . 195 Wrightson v. Bywater . . 191 Wyatt, Roberts" I? 25 Wynne, Hughes v. . . 108, 405 Yates, Bridge v 303 Dixon V. .. . . 37, 44, 45 Sherrington «... . . 375 Ward V 379 Yea V. Field 10 Yeoman i;. Bradshaw . . .. 110 Young V. Axtell . . . . 315 Ex parte . . . . 54 V. Fei-nie . . . . 237 V. Fletcher . . . . 134 Halesham u. .. ..318 . Lee?; 286 V. Matthews . . . . 36 V. Walker . . . . 192 V. Waterpark . . . . 272 Younge, Meacher t. . . . . 280 Z. Zachary v. Shepherd . . . . 193 Zwinger v. Samuda . . . . 37 ERRATA AND ADDENDA. xllii Attention is requested to the folio icing ERRATA and AD- DENDA, most of ivhich have been occasioned by alterations in the law after some of the earlier sheets of the present work had passed throiigh the press : — rage 49, n. (a-). The statute 12 & 13 Vict. c. 106, is repealed by stat. 32 & 33 Vict. c. 83; but the provision in question is, in substance, re-enacted by the Bankruptcy Act, 1869, Stat. 32 & 33 Vict. c. 71, s. 15, par. (5). See post, p. 5i. Page 50, n. (2). By the Bankruptcy Act, 1869, stat. 32 & 33 Vict, c. 71, a trustee is substituted for the assignees in case of bankruptcy. Page 50, n. (c). The stat. 24 & 25 Vict. c. 134, is repealed by stat. 32 & 33 Vict. c. 83 ; but by the Bankruptcy Act, 1869, stat. 32 & 33 Vict. c. 71, s. 6, par. (5), seizure and sale of the goods of a ti'ader under an execution for not less than fifty pounds is now an act of bankruptcy. Page 51, n. (?/). The stat. 24 & 25 Vict. c. 134, is repealed by stat. 32 & 33 Vict. c. 83 ; and the 74th section of the former statute docs not appear to have been re- enacted. Page 51, n. (Ji). See erratum, p. 50, n. (r). Page 61, n. {g). By stats. 31 & 32 Vict. c. 71, and 32 & 33 Vict. c. 51, admiralty jurisdiction is given to some of the county courts. Page 74, n. (/(-•). The case of Fraser v. Tlwmpson, 1 Giff. 49, 65, has been reversed on appeal, 4 Dc Gex & Jones, 659. xliv ERRATA AXD ADDENDA. Page 7G, n. (?»). The statutes 5 & 6 Vict. c. 122, 12 & 13 Vict. c. 106, and 24 & 25 Vict. c. 134, are now repealed by stat. 32 & 33 Vict. c. 83 ; and the Bankruptcy Act, 1869, provides (sect. 12) that where a debtor shall be adju- dicated a bankrupt, no creditor to whom the bank- rupt is indebted in respect of any debt provable under the bankruptcy shall have any remedy against the property or person of the bankrupt in respect of such debt, except in manner directed by that act. Page 85, n. 0^). For stat. 31 & 32 Vict. c. Ill, read stat. 32 & 33 Vict, c. 85. Page 96, n. {d). The stat. 12 & 13 Vict. c. 106, is now repealed by stat. 32 & 33 Vict. c. 83; but by the Bankruptcy- Act, 1869, stat. 32 & 33 Vict. c. 71, s. 65, the London Com-t of Bankruptcy is a principal court of record. PRINCIPLES LAW OF PERSONAL PROPERTY. INTRODUCTORY CHAPTER. OF THE SUBJECTS AND NATURE OF PERSONAL PROPERTY. The English law of property is divided into two great Real and per- branches, — the law of real property, and the law of per- ^^^^^ property, sonal property. The feudal rides, which respected the holding and culture of land, were the elements of the common law of real property ; the rules relating to the disposition of goods were the origin of the law of per- sonal property. Such property was anciently of little importance, and its laws were consequently few and simple. It did not, however, escape the ecclesiastical influence which spread so widely in the middle ages ; and it has thence derived that subjection to the rules of The civil law. the civil law by which it is characterized when trans- mitted by will or distributed on intestacy. The division of property into real and personal, though Chattels real, now well recognized, and constantly referred to even in the acts of the legislature, is comparatively of modem date. In ancient times property was divided into lands, tenements and hereditaments on the one hand, and goods W.P.P. B 2 INTRODUCTORY CHAPTER. and cliatiels on the other. These two last terms appear to be synonymous. In process of time, however, cer- tain estates and interests in land grew up, which were unknown to the ancient feudal system, and could not conveniently be subjected to its rules. Of these the most important Avere leases for years. Such interests, therefore, were classed among chattels ; but as they savoured, as it was said, of the realty, they acquired the name of chattels real {a). In more modem times, chat- tels real have been classed, A^ith other chattels, within the division of personal property ; but as chattels real, though personal property, are in fact interests in land, the laws respecting them have been noticed in the author's treatise on the Principles of the Law of Real Property (b). Chattels real will therefore be only inci- dentally noticed amongst the subjects treated of in the present Avork. Chattels per- ^Yhen leases for years, and other interests in land of ®°"^ • the like nature, w-ere admitted into the class of chattels as chattels real, it became necessary that such goods as had previously constituted the whole class, should be distinguished from them by some further name ; and the title of chattels personal was accordingly applied to all Reason for the such chattels as did not savour of real estate. For this term "per- title, the choice of two i-easons is given to the reader by sonal. . ° •' Sir Edward Coke, " because, for the most part, they belong to the person of a man, or else for that they are to be recovered by personal actions (c)." The former of these two reasons has been chosen by Mr. Justice Blackstone (d). But it is submitted that the latter reason is most probably the true one. When goods and {a) Co. Litt. 118 b. 373, 8th ed. {b) Principles of the Law of (c) Co. Litt. 118 b. Real Property, 315 etseq., 1st ed.; {d) 2 Black. Com. 16, 384; 3 307, 2nd ed.; 322, 4th ed.; 333, Black. Cora. 144. 5th ed.; 350, 6th ed.; 357, 7th ed.; OF THE SUBJECTS AND NATURE OF PERSONAL PROPERTY. '. chattels began to be called personal, they had become too numei'ous and important to accompany the persons of their owners. On the other hand, the bringing and defending of actions has always been the most prevail- ing business of lawyers ; from the different natures of actions, the nomenclature of the law is therefore most likely to have proceeded. Now actions Avere long di- Actions real, vided into tlu-ee classes, — real actions, personal actions, ^^ed^ ' and mixed actions. Real actions were brought for the recovery of lands, and, by their aid, the real land was restored to its rightful owner. Mixed actions, as their name imports, were real and personal mixed together. Personal actions were brought in respect of goods for which, as they are in their nature destructible, nothing but pecuniary damages could with certainty be recovered ■from the person against whom the action was brought. Accordingly, by the ancient law of England, there never were more than two kinds of personal actions in which there was a possibility of recovering, by the judgment of the Court, the identical goods in respect of which the action was brought. One of these was the action of Action of de- detinue, where goods, ha\dng come into a man's posses- *^'^"^" sion, were unlawfully detained by liim ; in which case, however, the judgment was merely conditional, that the plaintiff recover the said goods, or {if they could not be had) their respective values, and also the damages for detaining them (e). The other was the action oireplevin, Action of re- brought for goods which had been unlawfully distrained ; P^®"°- but in this case the goods were never beyond the cus- tody of the sheriff, who is an officer of the law, and their safe return could therefore be secured (y ). Goods there- fore seem to have been called personal, because the remedy for their abstraction was against the person who had taken them away, or because, in the words of Lord {e) 3 Black. Com. 152. (/) Ibid. H0. B 2 INTEODUCTOET CHAPTEE. New enact- ments. Coke, they were to be recovered by personal actions (^). By recent statutes (A), however, provision has been made for enforcing the delivery of goods, in actions for their detention or for breach of contract to deliver them for a price in money; and if they cannot be found, all the lands and chattels of the defendant may be distrained till they are delivered. Chose in ac- tion. Maintenance. Chattels personal, then, are the subjects of the pre- sent treatise. In ancient times they consisted entu'ely of moveable goods, visible and tangible in their nature, and in the possession either of the owner or of some other person on his behalf. Notliing of an incorporeal natiu-e was anciently comprehended within the class of chattels personal. In this respect the law of personal property strikingly differs from that of real property, in which, from the earliest times, incorporeal hereditaments occu- pied a conspicuous place. But although there was for- merly no su^ch thing as an incorporeal chattel personal, there existed not unfrequently a right of action, or the liberty of proceeding in the courts of law either to re- cover pecuniary damages for the infliction of a wrong or the nonperformance of a contract, or else to procure the payment of money due. Such a right was called, in the Norman French of om' early lawyers, a chose or tiling in action, whilst moveable goods were denominated clioses in possession. Glioses in action, though valuable rights, had not in early times the ordinary incident of propert}", namely, the capability of being transfeiTed ; for, to permit a transfer of such a right was, in the simplicity of the times, thought to be too great an en- couragement to litigation (?') ; and the attemj)t to make such a transfer involved the guilt of maintenance or the (^) See Principles of the Law of Real Property, 7. (A) Stats. 17 & 18 Vict. c. 12.5, s. 78; 19 & 20 Vict. c. 97, s. 2. (0 10 Eep. 48 a. OF THE SUBJECTS AND NATUiiE OF PERSONAL niOPERTY. maintaining of another person in his suit. It Avas im- possible, however, that this simple state of things should long continue. Within the class of clioses in action Avas comprised a right of growing importance, namely, that of suing for money due, which right is all that consti- tutes a debt. That a debt should be incapable of transfer A debt, was obviously higlily inconvenient in commercial trans- actions; and in early times the custom of merchants rendered debts secured by bills of exchange assignable by indorsement and delivery of the bills. But choses in action, not so secured, could only be sued for by the original creditor, or the person who first had the right of action. In process of time, however, an indirect method of assignment was discovered, the assignee being em- powered to sue in the name of the assignor ; and in the reign of Heniy VII. it was determined that a " chose in action may be assigned over for lawfid cause as a just debt, but not for maintenance, and that where a man is \ indebted to me in £20, and another owes him £20 by I bond, he may assign this bond and debt to me in satis- | faction, and I may justify for suing it in the name of the \ other at my own costs "(y). Choses in action, having -' now become assignable, became an important kind of | personal property ; and their importance was increased by an act of the following reign {k), whereby the taking of interest for money, which had previously been un- lawfiil, was rendered legal to a limited extent. Loans and mortgages soon became common, forming a kind of incorporeal personal property unknown to the ancient law. In the reign of Queen Anne, promissory notes were rendered, by act of parliament, assignable by in- dorsement and delivery, in the same manner as inland bills of exchange (J). More recent statutes have enabled {j) Bro. Abr. tit. Chose in Ac- (0 Stat. 3 & 4 Anne, c. 9, made tion, pi. 3, 15 Hen. VII. c. 2. perpetual by stat. 7 Anne, c. 25, {h) Stat. 37 Hen. VIII. c. 9. s. 3. IXTEODUCTORY CHAPTER, the indorsee of a bill of lading (wz), and the assignee of a life (n) or sea(o) poHcy of insurance, to sue in his own name. But other clioses in action continue to this day assignable at law only by empowering the assignee to sue in the name of the assignor. Equitable choses in ac- tion. In addition to the mass of incorj)oreal personal pro- perty, which now exists in the form of choses in action recoverable by action at law, there exist also equitable choses in action, or rights to be enforced by suit in equity ; of these a pecuniary legacy is a familiar in- stance, for which, if the executor withhold payment, the legatee can maintain no action at law(/>), but must bring a suit in equity. This kind of chose in action may be assigned directly from one person to another, and the assignee may sue in equity in his own name. For equity, being of more modern origin than the common law, is guided in its practice by rules more adapted to the exigencies of modern society. Funds, shares, &c. In modern times also several species of property have sprung up which were unknowTi to the common law. The funds now afford an investment, of which our fore- fathers were happily ignorant, whilst canal and railway shares, and other shares in joint stock companies, and patents and copyrights, are evidently modern sources of Avealth. These kinds of property are all of a personal nature, many of them having been made so by the acts (to) Stat. 18 & 19 Vict, c 111, s. 1. (n) Stat. 30 & 31 Vict. c. 144. (0) Stat. 31 & 32 Vict. c. 86. (p) Beeks V. Strutt, 5 T. Eep. 690; Braithnaite v. Skinner, H Mee. & Wels. 313. Legacies under fifty pounds may now be reco- vered in the county courts, under the acts for the more easy reco- very of small debts and demands in England, unless the validity of the bequest be disputed. Stats. 9 & 10 Vict. c. 95, ss. 58, 65; 13 & 14 Vict. c. 61; 19 & 20 Vict, c. 108. These courts have now an equitable jurisdiction. Stats. 28 & 29 Vict. c. 99; 30 & 31 Vict. c. 142. OF THE SUBJECTS AND NATUEE OF PERSONAL PROPERTY. of parliament under the authority of which they have originated. For want of a better classification, these subjects of personal property are now usually spoken of as choses in action. They are, in fact, personal property of an incorporeal nature, and a recurrence to the history of their classification amongst choses in action will, as we shall hereafter see, help to explain some of their peculiarities. Such is the general outline of the subjects of modem How personal personal property. They are distinguished from real from^real ^ ^'^ property by being unaffected by the feudal rules of , tenure, by being alienable by methods altogether dif- j ferent, by passing in the first instance to the executors, i when bequeathed by Avill, and by devohang, on their owner's intestacy, not on his heir, but on an adminis- trator appointed formerly by the Ecclesiastical Court, \ but now by the Court of Probate, by whom they are { distributed amongst the next of kin of the deceased. ' On the first of these characteristics, however, mainly depends the nature of the property which exists in things personal. The first lesson to be learned on the nature of real property is this— that of such projDerty there can be no such thing as an absolute ownership ; the utmost that can be held or enjoyed in real property Real property is an estate (§-). There may be an estate for fife, or an ^eld by estates, estate tail, or an estate in fee simple ; but, according to the law of England, there cannot exist over landed pi'o- perty any absolute and independent dominion. All the land in the kingdom is the subject of tenure ; and if the estate is not holden of any subject, at any rate it must be held of the crown. With regard to personal property. Personal pro- however, the primary rule is precisely the reverse. Such P^*"*^ the sub- property is essentially the subject of absolute ownership, iute ownership. and cannot be held for any estate. It is true that the {q) Principles of the Law of Real Property, 16. INTRODUCTORY CHAPTER. phrase personal estate is fi'equently used as synonymous with personal property ; but this general use of the term estate should not mislead the student into the supposition that there can be any such thing as an estate in per- sonalty properly so called. The rule that no estate can subsist in personal property would seem to have origi- nated in the nature of such property in early times. Goods and chattels of a personal kind, in other words, moveable articles, then formed, as we have seen, the whole of a man's personal estate. And such articles, it is evident, may be the subjects of absolute ownership, and have not those enduring qualities which woidd ren- der them fit to be holden by any kind of feudal temu-e. As personal property increased in value and variety, many kinds of property of a more permanent nature became, as we have seen, comprised Avithin the class of personal, such as leases for years, of whatever length, and Consolidated Bank Annuities. But the ride that there can be no estate in chattels, the reason of wliich was properly applicable only to moveable goods, still continues to be applied generally to aU sorts of personal property, both coi-poreal and incorporeal. The conse- quences of this rule, as we shaU hereafter see, are curious and important. But in the first place it will be proper to consider the laws respecting those moveable chattels, or choses in possession, which constitute the most ancient and simple class of personal property ; the class, how- ever, which has given to the rest many of the rules for regulating their disposition. ( 9 ) PART I. OF CHOSES IN POSSESSION. CHAPTER I. OF CHATTELS WHICH DESCEND TO THE HEIR. C HOSES in possession are moveable goods, siicli as plate, furniture, farming stock, both live and dead, locomotive engines and ships. These, as has been before remarked, are essentially the subjects of absolute ownership, and cannot be held by estates ; they are alienable by methods altogether different from those employed for the convey- ance of landed property, and they devolve in the first instance on the executor of the will of their owner, or on the administrator of his effects, if he should die intestate. There are, however, some kinds of choses in possession Exceptions to which form exceptions to the general rule : these consist *^jgf^°^'^^ of certain chattels so closely connected with land that they partake of its nature, pass along with it, Avhenever it is disposed of, and descend along Avith it, when un- disposed of, to the heir of the deceased owner. The j chattels which thus form exceptions are the subject of the present chapter: they consist principally of title \ deeds, heir-looms , fixtures , chattels vegetable, and animals \fera> naturce. Of each in their order. Title deeds, though moveable articles, are not strictly Title deeds speaking chattels. They have been called the sinews ^'J^^e^^ance of of the land ( a), and are so closely connected with it the lands, that they will pass, on a conveyance of the land, without (a) Co. Litt. (j a. 10 OF CHOSES IN POSSESSION. being expressly mentioned : the property in the deeds passes out of the vendor to the purchaser simply by the grant of the land itself (Z*). In like manner a devise of lands by will entitles the devisee to the possession of the deeds ; and if a tenant in fee simple should die intestate, the title deeds of his lands will descend along with them to his heir at laAv (c). In former times, when warranty was usually made on the conveyance of lands (J>iESSTON. emblements also belongs to the execntor or adminis- trator of a tenant for life (d), and to a tenant at will if dismissed from his tenancy before harvest (e). The claims of tenants at rack rent, whose tenancies may de- termine by the death or cesser of the estate of tenants for life, or for any other uncertain interest, are now provided for by a recent enactment, gi^dng the tenants at rack rent a right to continue to hold until the expi- ration of the cmTent year of their tenancy (/). "When lands are let for years or life. Timber tree?. When lands are let to a tenant for years or for Hfe, if no exception is made of the timber, the property in the timber will still remain in the owner of the inheritance, subject to the tenant's right to have the mast and fruit growing upon it, and the loppings for fiiel, and the benefit of the shade for his cattle (y). Accordingly all fruit wdiich may be plucked, or bushes or trees, not being timber, A\'hich may be cut or blo^vn down, Avill belong to the tenant (A) ; but timber trees, which may be cut or blown down, Avill immediately become the pro- perty of the owner of the first estate of inheritance in the land, whether in fee simple or in tail (^). Timber trees are oak, ash, and elm in all places ; and in some ]iarticular parts of the country, by local custom, wdiere {(P) Principles of the Law of Kcal Property, 24, 2nd ed. ; 25, 3rd & 4th eds.; 27, 5th, 6th, 7th and )>th eds. (0 Ibid. p. 310, 2nd cd.; 325, 4th ed.; 33G, 5th ed.; 353,6th ed.; 360, 7th ed.; 376, 8th ed. (/ ) Stat. 14 & 15 Vict, c, 2rj. s. 1. See Principles of the Law of Real Property, p. 25, 3rd & 4th eds.; 27, 5th, 6th, 7th and 8th eds. (ff) LilforcVs case, 11 Rep. 48 h. (A) Channon v. Patch, 5 Bam. & Cress. 897; S. C. 8 Dow. & Ry. 651; Berriman v. FeacocTi, 9 Bing. 384 ; S. C. 2 Moo. & Scott. 524; Pidfilcy v. liaivTuig, 2 Coll. 275. (i) Jlcrlakenden's case, 4 Rep. 63 a; Whitfield v. Ben-itt, 2 P. Wms. 240; 3 P. Wms. 268; Lnsli- ingtoii V, Boldcro, 15 Beav.- 1. See, however. Earl Conley v. Wellesley, M. R., 1 Law Rep. Eq. 656, qn.? OF CHATTELS ^MTICH DESCEXD TO THE HETK. 19 other trees are generally used for building, tliey are for that reason considered as timber (i^). But if the tenant Tenant with- should be a tenant ■without impcacliment of waste (sine ^ent"af^T t imj^etitione vasti), timber cut down by him in a husband- like manner will become his o"\vn property Avhen actually se^■ered(7), but not before (;«) ; for the words "without impeachment of Avaste" imply a release of all demands in respect of any waste which may be committed (n). If, however, the words should be merely without beim/ impleaded for loaste, the property in the trees when cut would still remain in the landlord, and the action only would be discharged, which he might otherwise have maintained against the tenant for the waste committed by the act of felling the timber (o). iV.mmals ferce naturcp, or wild animals, including Animal.s/^;-^' game, are exceptions from the rules which relate to ^^"' ''"^" other moveables, on the gromid that until they are caught there is no property in them. If therefore the owner of land in fee simple should die, the game on his land, or the fish in any river or pond upon the land, will not l)elong to his executor or administrator ( j9 ). And if a man shoidd have a park or Avarren, he has no true pro- perty in the deer, conies, pheasants, or partridges ; but they belong to him only " rationc privilegii for his game and pleasure so long as they remain in the privileged place" {q). But a property in Avild animals may be ob- tained by reclaiming or catching them (■propter indiis- triam), or by reason of their being unable to get aAvay (70 2 Black. Com. 281. («.) 11 Rep. 82 b. (?) Lewis Bowies' case, 11 Rep. {o) Walter Idle's case, 11 Rep. 82 1>. See PriBciples of the Law 83 a. of Real Property, 23, 2ncl ed.; 24, {j)) Co. Litt. 8 a; Tlie case of Srd & 4th eds.; 25, 5th, Gth, 7th S)vans, 7 Rep. 17 b. and 8th eds. (17) 7 Rep. 17 b; Year Book, (wO ChoJmeley v. I^axton, 3 4 Hen. VI. 55 b, 5G a; F. N. B. Bing. 207; 10 Barn. & Cress; 564. 87, u. (a). c 2 2Q or cnosEs i\ pobsesstox. ( propter impotentiam) (r). Thus deer, even thoiigli in a legal park, may be so tame and reclaimed as to pass to the executors of the o^nier of the park on liis decease (s); so rabbits in a hutch, fish in a box, and young pigeons in a dove house, una1)le to fly, will belong to the exe- cutor or administrator of the owner, and not to his heir. Hawks ;ind It appears to have been formerly thought that hawks h')uuds. _^^^^-^ bounds Avere not subjects of personal property, but would descend Avith the lands to the hen-; but this opinion is not now law. " For," observes the author of the Office of an Executor (^), "although they be for the most part but things of pleasure, that hindereth not but they may be valuable as well as instruments of music, both tending to delight and exhilarate the spirits ; a cry of hounds hath to my sense more spirit and vivacity than any otlier music." Kiglittokill The occupier of land for the time has now the sole and take gam-. ^.[g\^i ^f killing and taking the game upon the land, unless such right be reserved to the landlord or any other person (z<). Where the landlord has reserved to himself the right of killing game, he may authorize any person or persons, who shall have obtained ceiiificates, to enter upon the land for the purpose of pursuing and killing game thereon (.r). And a recent enactment proA-ides, that where the landlord or lessor of any land has reserved to himself, by any deed or writing, the ex- clusive right to the game on such land, then such land- lord or lessor, for the pm-pose of prosecutmg all persons (r) 2 Black. Com. 391, 394 ; thor of this work is supposed to Williams on Executors, pt. 2, hk. hare been Jlr. Justice Doddi-idge. 2, ch. 2, sect. 1. (") Stat. 1 & 2 Will. IV. c. 32. {s) Morgai) v. Tlie Earl of See as to hares, stat. 11 & 12 Vict. Alergavenny, 8 C. B. 678. c. 29. (^) Wentworth's Office of an (.?•) Stnt. 1 & 2 Will. IV. c. 32, Executor, 143, 14th ed. The an- s. 11. OF CHATTELS MJIICII DESCEND TO THE HEIR. 21 for trespassing in pnrsnit of game on sueli laud Avitliout his consent, shall be deemed the legal occnpier of the gaid land ; and any person -who shall enter or be npon the said land in search of or in piu'suit of game, without the consent of such landlord or lessor, shall be deemed a trespasser (y). And the lord of any manor or reputed manor has the right to })nrsue and kill tlie game npon the wastes or commons within the manor, and to autho- rize any other person or persons, avIio shall have obtained certificates, to enter npon such wastes or commons for the same piu'pose (z). When game or other wild animals were killed on any property in land by any other person than the rightfld o^vner, the o''^'"^- laAv, Avitli respect to the property in the game, was for- merly as follows : If a man started any game Avithin his OAvn grounds and followed it into another's, and killed it there, the property remained in himself And so if a stranger started game in one man's chase or free warren, and hunted it into another libei-ty, the property con- tinued in the owner of the chase or wan-en ; tliis pro- perty arising from privilege, and not being changed by the act of a mere stranger. Or if a man started game on another's private grounds, and killed it there, the property belonged to liim on whose ground it Avas killed. Whereas, if, after being started there, it was killed in the grounds of a third person, the property belonged not to the owner of the first ground, because the property was local ; nor yet to the oAvner of the second, because it AA^as not started in liis soil ; but it vested in the person who started and killed it, though guilty of a trespass against both the OAvners (a). And this appears to be still the law Avith respect to Avild animals Avhich are not (//) Stat. 27 & 28 Vict. c. G7. («) 2 Bl. Com. 419; Cknrch- (:;) Stat. 1 & 2 Will. IV. c. o2, ward v. Studdi/, U East, 249. s. 10, 22 OF CHORES IN POSSESSION. game (i). But with respect to game an alteration appears to have been made by the last Game Act (c), ■which seems to vest the property in game killed on any land by strangers, in the person having the right to kiU and take the game upon the land (d). (h) See madfs v. Iliffffs, 12 (c) Stat. 1 & iMVill. IV. c.32. C. B., N. S. 501; 13 C. B., N. S. (,d) Sect. 36. Mig/f v. Earl of 844; 11 Jur. N. 8.701. Lonsdale, 1 H. & N. 923. ( 23 ) CHAPTER II. OF TROVER, BAILMENT AND LIEN. Having now considered those moveable articles of property wliicli form exceptions to the rules by which chattels personal are in general governed, let us proceed to notice some circumstances in which chattels personal may be placed, so as to form not real but apparent exceptions to the primary rule already noticed («), that personal property is essentially the subject of absolute ownership, and cannot be held for any estate. The pro- perty in goods can only belong to, or be vested in, one person at one time : in this respect it resembles the seisin or feudal possession of lands {!)). Lands hoAvever may be so conveyed that several persons may possess in them, at the same time, several distinct A^ested estates of free- hold, one of them being in possession, and the others in remainder, or the last perhaps being in reversion (c). (But the laAV knows no such thing as a remainder or reversion of a chattel. It recognizes only the simple Property in propcrtij in goods, coupled or not with the right of im- ^'°° "' mediate possession. This simple principle of laAV, if carefully borne in mind, will serve to explain many points Avhicli Avould otherwise appear difficult or even contra- dictory. It nuist be remembered, hoAvever, that it does not strictly apply to the moveable articles noticed in our first chapter, Avliich, from their connection Avitli the land, (a) Antc,\,. 7. 136, 8tli ed. {h) Sec rrinciples of the Law of (r) Ihid. p. 198, 2ud ed. ; 200, Ileal Tropcrty, 111, 2iia ed.; 11 G, 4th ed.; 215, 5th ed.; 225, Gth 3rd & Ith cds.; 121, 122, 5th ed. ; cd.; 2ol, 7th ed.; 241, Sth ed. 127, 128,0thed.; loU, 131, 7th cd.; 24 OF CH08ES IN POSSESSION. are often governed by the principles of real, rather than those of personal property. 1. When the property in goods is conpled ^ith the possession of them, the ownership is of course complete. This is the common and usual case of the ownership of chattels personal : the OAvner Imows that the goods are his own, and in his own possession, and that is sufficient for him. Circumstances may, however, arise to change Where an arti- tliis state of tilings. An article may be lost. In this cle IS lost. ^^gg ^j^g OAvner still retains his property in the thing, but he has lost the possession of it. The property, however, which still remains in him, entitles him to the possession of the article, whenever he can meet with it ; or, in legal phraseology, the property draws with it the right of pos- session {d). If therefore another person should find the article lost, he Avill have no right to convert it to his own use, if he has any means of knowing to whom it be- longed, but must on demand deliver it up to the rightful owner, in whom the property is already vested. If he shoidd refuse to do so, such refiisal wiU argue that he claims it as his own, and will accordingly be CAddence of Action of a conversion of the thing to his own use (e). For the trover and con- ^yj^-Qj^o; or trespass thus committed, a specific remedy has version. . . . been proA^ided by the law, in the shape of an action of trove?' and conversion, or more shortly an action oi trover, which is one of those actions comprised within the tech- nical class of trespass on the case. The Avord trover is from the French trouver, to find ; and the Avord con- version is added, from the conversion of the goods to the use of the defendant being the gist of the action thus brought against him. That the defendant should liaA'e found the article lost is not his fault, but his conversion of it to his OAvn use is a trespass and renders him liable {(l) 2 "Wms. Saunders, 47 a. Hob, 187; Bac. Abr. tit. Trover (e) Ibid, il c; Ayar v. Lisle, (B}. OF TllOVEU, BAILMENT AND LIEN. 25 to tlic action avc are now considering. This action ac- cordingly is noAv constantly brought to recover damages for Avithholding the possession of goods whenever they ha^e been wrongfldly converted by the defendant to his own use, without regard to the means, whether by find- ing or otherwise, by which the defendant may have become possessed {/). This action can be maintained only when the plaintiff has been in possession of the goods ( ff), or has such a property in them as draws to it the right to the possession. If the goods have been Avrongfully converted by the defendant to liis own use, the plaintiff will succeed, if he should prove either Avay his own right to the immediate possession of the goods (A) ; if he should not prove such right, he will fail (?■). The property in the goods is that which most usually draws to it the right of possession ; and the right to maintain an action of trover is therefore often said to depend on the plaintiff's proper ti/ in the goods ; the right of immediate possession is also sometimes called itself a special kind of property (A) ; but these expressions shoidd not mislead the student. The action of trover tries only the right to the immediate possession, wliicli, as we shall now see, may exist apart from the property in the goods. For let us suppose that the finder of the article lost. If the finder whilst ignorant of the true OAvner, shoidd have been ^^-IJeli^ tg may wrongfully deprived of it by a third person. In this maintain (/) 3 Black. Com. 153; stat. Taunt. 2G8; Legg v. Emns, 6 15 & 16 Vict. e. 7G, s. 49, schecl. Mee. & W. 36; Stephen on Plead- (B) 28. ing, 354, 5th ed. (g') Addiso)iv.Iiou)id,iAd.Si (() Gordon v. Har2)er, 7 T. Ell. 799; S. C. 6 NeV. & Man. Rep. 9; Ferguson v. Cristall, B 422; Brooke v. Mitchell, 6 N. C. Bing. 305; Leahe v. Loveday, 4 349; S. C. 8 Scott, 739. Man. & Gr, 972; Bradle v. (7i) Wilbrahani v. Snow, 2 Copley, 1 C. B. 685. Savind. 47; Armory v. Dclamirie, (Ji) Rogers Y. Kennay, 9 Q. B. iStr. 505; Roberts v. Wyatt, 2 592. 2G t)F ClIOf; Sournc \, Str. 505; 1 Smith's Leading Cases, Foshroolie, 18 C. B., N. S. 515. \o\', Bridgcs\.HawkesivortU,lo (/«) P. 117. Jur. 1079. ^li^Bucldeyy, Gvo> LIEX. 27 tody of a Avareliouscmaii or Avliarfiiiger, or the}' ma}' bo entrusted to a carrier to convey to a distance, or to an agent or factor to sell ; or tliey may be paA\Tied for money lent, "with or "wdthout a poAver to sell them (w), or let out to hire(o). In all cases of bailment, however, the simple rule still holds, that the i)ro})erty in goods Property re- 11. ,1 T 1 T mains in the can belong to one party only ; and Avlien any goods arc bailor. hailed^ the property still remains in the bailor (7;). The I possession of the goods, hoAvever, is CAddently for the time being with the bailee. But if, while goods are in Ijaihnent, a third person should become possessed of them, and should wTongfldly convert them to his own use, the right to recover possession Avill in some degree depend upon the natm-e of the bailment. If the bailment should be what is called a simple hail- Simple bail- ment, as in the four first instances above mentioned, that is, a bailment which does not confer on the bailee a right to exclude the bailor from possession, in such a case either the bailee or the bailor may maintain an action of trover against the wrong-doer (^q). The bailee may main- Bailee or tain this action, because the action depends only on the jy^aintain^ right to the possession -which the bailee has by \drtue of trover, the bailment made to him (r) ; and the bailor may also maintain the action, because liis property in the goods draws "with it the right of possession, and the bailment is not of such a kind as to vest this right in the bailee solel}'. Ilie bailee is rather in tlie situation of servant to the bailor, and the possession of the one is equivalent in construction of law to the possession of the other. But as it would be unjust that the wrong-doer should («) See Plgot v, Cuhley, 15 C. (//) NlcJiolls v. Bastard, 2 C. B., N. S. 701. M. & R. 659; Mandcrs v. Wll- (o) See Cofff/SY. Bernard, 2 Ld. liam,^, 4 Exch. Eep. 339. Kaym. 909, 912. (r) Sutton v. Buch, 2 Taunt. {})) FraiMUi v. Xcaic, \o Mec. 302. & W. 481. 28 OF CIIOSES IN POSSESSION, pay damages hvlcc over for his oiFence, the recovery of damages either by bailee or bailor deprives the other of his right of action (s). Tf, liowever, the bailment Pawnee or should not be of the simple kmd, but should confer on alone maintain ^he bailee the right to exclude the bailor from the pos- tiovcr. session, here, though the property in the goods still remains in the bailor, the bailee alone can maintain an action of trover against any person who may have taken the goods and converted them to his own use. Thus the pa-\^-nee or hirer of goods can alone maintain an action of trover so long as the pawning or hii-ing con- tinues (^). Here agam we have the property in the goods still vested in one person, the bailor, draTving with it, in the case of simple bailment, the right to the pos- session, and, in the case of other bailments, temporarily disconnected from that right. If, IwAever, any bailee, Avhatever be the nature of his bailment, shoidd convert the goods bailed to him to his own use, he will by that act have determined the bailment : the property in the bailor will draw to it the right to immediate possession, and the bailor may accordingly recover damages for the act by an action of trover (?<). Lien. 3. The last case requiring notice in wliich goods may be in the possession of a person who has no property in them, is the case of the existence of a lien on the goods. A lien is the right of a person in the possession of goods to retain them until a debt due to him has been satis- Particnlar or fied (v). A lien is either particulm- or general. A par- general, ticular lien is a right to retain the particular goods in (s) Bac. Abr. tit. Trover (C). B. 672; Johnson v. Stear, 15 C, (t) Gordon v. Harper, 7 T.R. B., N. S. 330; Pirjot v. CuMei/, 9; Burton v. HngUes, 2 Bins. 15 C. B., N. S. 701. . \-^; Fergusony. Crlstall,o'&mg. (?') 2 East, 235; 2 Rose, 357; 305; Pain y. mUtaJccr, 'Ry. Si Smith's Compendium of Mercan- Moo. 99. tile Law, 531, 5th cd.; 503, 0th (h) Coo2)cr V. Willomatt, 1 C. cd. OF TnOYEll. r,ATL:\rFA'T AND LTEX. 29 respect of which the debt arises. A general lien is a right to retain goods in respect of a general balance of rai account. The former kind of lien is favoured in law ; Ijut the latter, having a tendency to prefer one cre- ditor above another, is taken strictly (x). A particular rarticnlai- Hen. lien is given by the common laAv over goods which a ]>erson is compelled to receive ; thus carriers (y) and innkeepers (~) have a lien on the goods in their care ; although an innkeeper cannot detain his guest's pex'son, or take his coat off his back, to secure payment of his bill («). A particular lien is also given by law to every person who l)yhis labour or skill has improved or altered an article entrusted to his care : thus a miller has a lien on the flour he has ground for the cost of grinding (Z») : and a shipwright has a Hen on a ship entrusted to him to repair for the costs of repairing it(c). So a lien may be claimed for .training a horse, because he is improved by the labour and skill thus bestowed upon him {d) ; but no lien can arise merely for his keep (e), imless he has been kept by an innkeeper, who is compelled to take him in(f). A lien on goods is not sufficient to Avarrant the sale of them {(/), nor does it authorize the possessor to charge for their standing (A). A particular Salvage. lien also arises in the case of salvage, or rescuing a ship (.X') 3 Bos. & Pul. idi. & Mai. 23G. (i/) Sklnnevv. I j)sha7v, 2 Jjoril (e) Wallace v. Woodgatc, 1 Raym. 752. Ry. & Moo. 293. See Sanderson (z) TJiom.pson v. Lacnj, 3 B. & v. Bell, 2 Cro. & Mee. 304, 311; Aid. 283. 4 Tyr. 244, 252. {a)Suiihol/y.Alford,3'McQ.8i (/) Johnson y. 1^(7Z, 3 Stark. Wcls. 248. The lien of innkeepers 172; Allen \. Smith, 12 C. B., on the goods of their giiests is now N. S. 638, affirmed in Ex. Cham., regulated hy stat. 2G & 27 Vict. Jur., N. S. 1284, 11 W. R. 440. c. 41. (c/) Thames Iron Worlis Com- {h) Ex jxirtc Oehendcn, I Ai^. pany v. Patent Berr'ieli Com- 235. l}a>iy, 1 John. & H. 93. (c) FranldlnY. Hosier, m. ^ (//) British Empire Shippincj Aid. 341. Companii y. Somes, 1 E. B. & E. (r7) Bevon v. Walters, 1 INToo. 353. 30 OF CIIOSES TX POSf^ESSIOX. rrciffLt. or its lading from tlic perils of tlie sea or the queen's enemies, for tlie trouble and risk incurred (?"); but this kind of Hen has])cen modified by the Merchant Shipping- Act, 1854, which provides for the appointment of public receivers of all Avreck, into Avhose hands any person, not being the owner, who finds or takes possession of any Avreck, is bound to deliver it as soon as possible (j). The lien of a shipowner for freight is now regulated by the Merchant Shipping Act Amendment Act, 1862 (A). Gcner:il lien. A general lien, when it does not arise hy express con- tract, or fi-om a contract implied by the course of deal- ing between the parties (/), accrues in consequence of the custom of some trade or profession ; and it may be local also, that is, confined to some particular place (i7i). It obtains iii many trades, such as Avharfingers {71), dyers (o), calico printers (^j), factors ((7), policy brokers (?'), and bankers (.s), and perhaps also common carriers {t). So- Solicitor's lien, licitors and attomies have also a lien on all the deeds and documents of their clients in their possession for their professional charges generally (u); l)ut this doctrine (i) Ucu'tford y. Jones, 1 Lord Eaym. 393; Bartnfj v. Daij, 8 East, 57. (j) Stat. 17 & IS Vict. c. 104; amended by stats. 18 & 19 Vict. c. 91; 24 Vict. c. 10, and 25 & 2G Vict. c. G3. (Ji) Stat. 25 & -26 Vict, c, G3, ss. 6G, 78. (Z) Simond v. Jlihhrrf, 1 En!/, IG Ves. 258; Ux j/raie {a) The King \. Sanhcij, ~i AA. Pcmljcrion, 18 Vcs. 282. & Ell. 423; Worrell \. Johimw, ((•) Davies v. Vernon, G Q. B. 2 Jac. & Walk.-21S. 443, 447. {h) Ch(imperno)vii v. Scott, (,!•) Wdl'efehl V. Xen-l>on, ]\Iaaa. 03; Batch v. Sijmes, T. & Q. B. 276. Buss. 87. (y) Smith v. Chiche.ster, 2 Di-. (c) Bull v. FauUncr, 2 Dc G. & War. 393; Blunden v. Besart, & S. 772, scdqu. id. 405; Pclli/ v. Watken, 7 Haic, (d) HolUs v. Claridge, 4 Taunt. 351; 1 De Gex, Mac. & Gord. 16. 807; Steadman v. Hockley, 15 (r) Baher v. Henderson, 4 Sim. Mcc. & Wels. 553. 32 OF CHOSES IX POSSESSION. New enact- ment as to solicitors' lien. every case in which an attorney or soHcitor shall be employed to prosecute or defend any suit, matter or pro- ceeding in any court of justice, it shall be lawful for the coui-t or judge, before Avhom any such suit, matter or proceeding has been heard, or shall be depending, to declare such attorney or solicitor entitled to a charge upon the property recovered or preserved ; and upon such declaration being made, such attorney or solicitor shall have a charge upon and against, and a right to payment out of the property, of wliatsoever nature, tenure or kind the same may be, which shall have been recovered or preserved through the insti-umentality of any such attorney or solicitor, for the taxed costs, charges and expenses of or in reference to such suit, matter or proceeding (e). Property of goods subject to lien is in the owner. How lien is lost. Lien, then, of whatever kind, is merely a right to retain the possession of the goods. This right of posses- sion enables the person who has been in possession by virtue of the lien to maintain an action of trover for the goods (/); hut i\\Q jJi'operty \n the goods still remains with the owner ; and if the person having the lien should give up the possession of the goods, his lien will be lost(/7); the owner's property in them will draw to it the right of possession, and enable him to maintain an action of trover (A). And if the person having the lien shoidd take a seciu'ity for his debt, payable at a distant day, his lien woidd on that account be lost, as it would be unreasonable that he should detain the goods till such txitiu'C time of payment {{) ; and in this case also an action of trover may be maintained by the o^Mier (e) Stat. 23 & 24 Vict. c. 127. s. 28 ; Wilsoyi v. Hood, 3 Hiu'lst. & Colt. 148 ; Haymcs v. Cooper, 33 Beav. 431. (/) Legg v. Ei-an», 6 Mee. & Wels. 36. {g') Kruges v. Wilcox, Amb. 254. (Ji) Sweet V. Pym, 1 East, 4. (/) Concll V. Sim]}son, 16 Ves. 275. OF TROVER, BAILMENT AND LIEN. 33 of the goods, by virtue of the right of possession now accrued to him in respect of his property (A). When goods are taken under a distress for rent, the Distress for property in the goods still remains in the owner, until a ^ sale is made pursuant to the statute (/) by which a sale is authorized (^?^). In all the above cases of finding of goods, bailment, lien and distress, it appears clear, therefore, that the property in the goods is still simply vested in one party only, although the right to their immediate possession may be in another party, and the actual possession pos- sibly in a third. (7e) Hemison v. Guthrie, 2 1, c. 5, s. 2. New Cas. 756, 759. (/«) King v. England, 4 Best {I) Stat. 2 Wm. & Mary, Sess. & Smith, 782. W.P.P. D 34 OP CHOSE8 IN POSSESSION. CHAPTER III. OF THE ALIENATION OF CHOSES IN POSSESSION. Choses in possession have always been freely alienable from one person to another. The feudal pnnciples of tenure, which in ancient times opposed the alienation of landed estates, could have no application to the then insignificant subjects of personal property ; although the full right of testamentary disposition was not, as we shall A grant can- hereafler see, enjoyed in early times. But, though the not be made of property in personal chattels may be freely ahened, it is a maiS'hls^no impossible for a man to make a valid grant in law of actual or po- ^^lat in which he has no actual or potential property, but tential pro- , , ' perty. which he only expects to have. A person wlio has an interest in land may grant all the fruit wiiich may grow upon it hereafter {a). So a grant of the next year's wool of all the sheep wdiich a man now has is valid, because he has a potential property in such wool (Z> ). But a grant of the wool of all the sheep which a man ever shall have is void (c). And in the same manner the assignment of a man's stock in trade passes only such articles as are his property at the time he executes such assignment, and will not comprise any other articles Avhich he may afterwards purchase (rf) ; not even if the instrument of assignment should pm-port to convey all goods which shoidd at any time thereafter be in or upon his dwelling- hovise {e). The property in goods to be hereafter ac- (a) GranthaviY.nawleij,'Kc,h. Man. & Gr. 245; S. C. 6 Scott, 132; Fetch V. Tutin, 15 Mee. & N. R. 967. Wels. 110. (e) Lunn v. Tlwrnton, 1 C. B. (i) Per Pollock, C. B., 15 Mee. 379; Gale v. Burnell, 7 Q. B. & Wels. 116. 850; Balding v. Read, Exch. 11 (c) Com. Dig. tit. Grant (D). Jur., N. S. 547; 3 Hurlst. & Colt. (d) Taphill v. Tollman, 6 955. OF THE ALIENATION OF CHOSES IN POSSESSION. 35 quired may however be efFectually passed by an assign- ment thereof in equity coupled Avith a licence to seize them(/). The manner in which the ahenation of personal chat- tels is effected, is in many respects essentially different from the modes of conveying real estate. In ancient times, indeed, there was more similarity than there is at present. The conveyance of land Avas then usually made Ancient mode by feoffment, with Hvery of seisin, which was nothing real*pix)p^rty more than a simple gift of an estate in the land accom- panied by delivery of possession {g). This gift might then have been made by mere word of mouth (Ji) ; but the Statute of Frauds {i) made writing necessary; and now every conveyance of landed property is required to be by deed ( j). Personal chattels, on the contrary, are Modes of still alienable by mere gift and delivery ; though they personal chat- may be disposed of by deed ; and they are also assign- tels. able by sale, in a manner totally different from the con- veyance requisite on the transfer of real estate. Each of these three modes of conveyance deserves a separate notice. 1. And first, personal chattels are alienable by a mere Gift and deli- gift of them, accompanied by delivery of possession. ^' For this purpose no deed or writing is required, nor is it (/) Congreve v. Evetts, 10 of Real Property, 113, 2nd ed.; Exch. 298; Hope v. Hayley, 5 118, 3rd & 4tli eds.; 121, 5th ed. ; E. & B. 830; Allatt v. Carr, 127, 6th ed.; 130, 7th ed.; 138, Exch. 6 W. R. 578; Chidell v. 8th ed. Galsivorthy, 6 C. B., N. S. 471; (Ji) See Principles of the Law Holroyd v. Marshall, 10 H. of L. of Real Property, 117, 2nd ed.; Gas. 191 ; 9 Jur., N. S. 213; Reeve 122, 3rd & 4th eds. ; 128, 5th ed.; V. mdtmore, L. C, 12 W. R. 134, 6th ed.; 187, 7th ed.; 143, 113; 9 Jur., N. S. 1214; Bro7vn v. 8th ed. Bateman, L. Rep., 2 C. P. 272; (i) Stat. 29 Car. II. c. 3, ss. Blake Y. Izard, C. P. 16 W. R. 1, 2. 108. (j) Stat. 8 & 9 Vict. c. 106, (y) See Principles of the Law s. 3. d2 3G OF CHOSES IN POSSESSION. Trust, though voluntai-y, en- forced in equity. essential tliat there sliould be a consideration for the gift. Thus, if I give a horse to A. B., and at the same time deliver it into his possession, this gift is complete and irrevocable, and the property in the horse is thencefor- ward vested in A. B. (A). But if I purport to assign the horse, and yet retam the possession, the gift, though made by m-iting (so that it be not a deed), is absolutely void at law (Z), and equity will give no relief to the donee (m). It may, however, be observed, that if the donor should not attempt to part with the subject of gift, but should declare that he keeps possession of it in trust for the donee, equity will seize on and enforce this trust, although voluntarily created (?«). In some cases it is not possible to make an immediate and complete delivery of the subject of gift ; and in these cases, as near an approach as possible must be made to actual delivery ; and if this be done the gift will be effectual. Thus if goods be in a warehouse, the delivery of the key win be sufficient (o) ; timber may be delivered by marking it with the initials of the assignee (p), and an actual removal is not essential to the delivery of a hay- stack (q). But the delivery of a part of goods capable of actual delivery, is not a sufficient delivery of the whole (r). (i) 2 Black. Com. 441. (Z) Irons y. S7nall2nece,2'BaYn. & Aid. 551; Miller \. Miller, 3 P. Wms. 356 ; Bourne v. JPos- Iroohe, 18 C. B., N. S. 515. See also Shower v. Pilcli, 4 Ex. Rep. 478. (?«,) AntrohnsY. Smith, 12 Ves. 30, 4G; Edwards v. Jones, 1 My. & Cr. 226; Dillon v. Copjiin, 4 My. & Cr. 647, 671. (ft) Ellison V. Ellison, 6 Ves. 656; Ex imrte Duhost, 18 Ves. 140, 150; Vandenhergx. Palmer, 4 Kay & John. 204; Jones v. Loch, L. C. 11 Jur., N. S. 913, correcting Scales v. Matide, 6 De G., M. & G. 43, 51. (o) West V. Shi/p, 1 Ves. sen. 244; By all v. Bowles, 1 Ves. sen. 362; 1 Atk. 171; War Ay. Turner, 2 Ves. sen. 443. {p) Stoveldv. Hughes, 14 East, 308. (q) Chaplin v. Bogers, 1 East, 190. See Young v. Matthews, L. Eep., 2 C. P. 127. (r) Per Pollock, C. B., 14 Mee. & Wels. 37, correcting a dictum of Taunton, J., 2 Ad. & Ell. 73. OF THE ALIENATION OE C'lIOSES IN POSSESSION. 37 When goods are in the custody of a simple bailee, Constractive such as a wharfinger or carrier, the possession of such ^oodrai-riu" bailee is, as we have seen (5), constructively the posses- the custody of sion of the bailor ; and either the bailor or bailee may maintain an action of trover in respect of the goods. This constructive possession of the bailor may be de- livered by him to a third person, by making as near an approach to actual delivery as is possible under the cir- cumstances of the case. By the custom of Liverpool the delivery of goods in another person's warehouse is effected by merely handing over a delivery order (t) ; and the property in wines in the London Docks appears Dock warrant, to pass by the indorsement and delivery of the dock warrant (m). But in the absence of a custom to the con- trary, it would seem that there can be no legal dehvery of goods into the hands of a third person Avithout the consent of the warehouseman or wharfinger in whose custody the goods are (x). When goods are at sea, the Bill of lading. delivery of the bill of lading, after its endorsement, is a delivery of the goods themselves (?/) ; for it is not pos- sible, in this case, to make any nearer approach to an actual delivery {z). 2. The next method of alienating chattels personal is Alienation by by deed. Every deed imports a consideration («) ; for ^^"^ ' (s) Ante, p. 27. ibid. 278; Brrjans y. Mx, 4 Mee. {t) Dixon y. Yates, ?> Bam. & & Wels. 775, 791; M'Ewcvn v. Adol. 313; and see Greaves v. Smith, 2 H. of L. Cases, 309. Heplie, 2 Barn. & Aid. 131; And see Pearson v, Dawson, 1 Kingsford v. Ilerry, 1 Hurl. & E. B. & E. 448. N. 503. (y) Mitchell v. Ede, 11 Ad. & (?<) Ex parte Davenport, Mon. Ell. 888; and see stat. 18 & 19 & Bl. 165. Delivery orders are Vict. c. 111. now subject to a stamp duty of one (z) 1 Ves. sen. 362; 1 Atk. 171. penny, and dock warrants to a («) Plowd. 308; 3 Buit. 1639; stamp duty of threepence, by sta- 1 Fonb. Eq. 342; 2 Eonb. Eq. 26; tutes 23 Vict. c. 15, and 23 & 24 Principles of the Law of Eeal Pro- Vict. c. 111. perty, 118, 2nd ed.; 123, 3rd & {x) Zrainger v. Samnda, 7 4th eds.; 128, 5th ed.; 134, 6th Taunt. 265; Ducas \. Dor Hen, ed. ; 137, 7th ed. ; 144, 8th ed. 38 OF CHOSES IN POSSESSION. it was anciently supposed, that no person would do so solemn an act as the sealing and deUvery of a deed without some sufficient ground. The presence of this implied consideration renders a deed sufficient of itself to pass the property in goods (b). It supplies on the one hand the want of dehvery, and on the other the want of that actual consideration which always exists in the third and most usual mode of ahenation of chattels per- sonal, which is. Sale. Effect of a contract for the sale of lands. Contract for sale of goods transfers the property. 3. By sale. It is in this last and most usual method of alienation that the contrast presents itself between the means to be employed for the alienation of real pro- perty and chattels personal. When a contract has been entered into for the sale of lands, the legal estate in such lands still remains vested in the vendor ; and it is not transferred to the vendee until the vendor shall have executed and delivered to him a proper deed of conveyance. In equity, it is true, that the lands belong to the purchaser from the moment of the signatm-e of the contract ; and from the same moment the pm-chase- money belongs, in equity, to the vendor (c). But at law the only result of the signature of a contract for the sale of lands is, that each party acquires a right to sue the other for pecuniary damages, in case such con- tract be not performed. Not so, however, the case of a contract for the sale of chattels personal. Such a con- tract immediately transfers the legal property in the goods sold from the vendor to the vendee, without the necessity of any thing fiu'ther(6?). In order to this, it is of course necessary, that the transaction have within itself all the legal requisites for a sale ; and these requi- (5) Carr v. BurAiss, 1 C, M. & K. 782, 788; S. C. 5 Tjrw. 309, 316. (c) Principles of the Law of Real Property, 133, 2nd ed.; 137, 3rd & 4th eds.; 143, 5th ed.; 150, 6th ed.; 153, 7th ed.; 159, 8th ed. id^ Com. Dig. tit. Biens (D), 3. OF THE ALIENATION OF CH0SE8 IN POSSESSION. 39 sites mil accordingly form the next subject for our con- sideration (e). The requisites for the sale of goods partly depend Requisites for upon their value. Goods under the value of 10/. sterling g^^^^ ^^^^^ may now be sold in the same manner as goods of what- the value of ever value were anciently saleable ; whereas goods of the value of 10/. or upAvards are now regulated in their sale by an enactment contained in the Statute of Frauds (/). And first, with regard to such goods and chattels as do not fall within this enactment, there can be no sale with- out a tender or part pajmient of the money, or a tender or part delivery of the goods, unless the contract is to be completed at a futm-e time. Thus if A. should agree to pay so much for the goods, and B., the owner, should agree to take it, and the parties should then separate without any thing further passing, this is no sale (^). But if A. should tender the money, or pay but a penny of it, or B. should tender the goods, or should deliver any, even the smallest portion, of them to A., or if the payment or delivery or both should be postponed by agreement tiU a hiture day, the sale will be valid, and the property in the goods vnR pass at once from the vendor to the vendee (A). If, however, any act should remain to be done on the part of the seller previously to the delivery of the goods, the property will not pass to the vendee until such act shall have been done. Thus, if goods, the Aveight of Avhich is unknown, are sold by weight (^), or if a given weight or measure is sold out of (e) In the recent cases of (ff) 2 Bla. Com. 447; Smith's Thompson v. Pettitt, 10 Q. B. Mercantile Law, 461, 5th ed. ; 101, and Flory v. Denny, 7 Ex. 488, 6th ed. Eep. 581, the property in goods (/t) Shep. Touch. 224; 3Iartin- was held to pass by a mere written dale v. Siriith, 1 Q. B. 389, 395. memorandum by way of »io?'^/7ff(7e, (i) Hanson v. Meyer, 6 East, without any delivery; sed qu. 614; Sivann'ick v. Sothern, 9 Ad. (/) 29 Car. II. c. 3, s. 17. & Ell. 895. 40 OF CHOSES IN POSSESSION. Requisites for the sale of goods of the vah;e of 10^. or upwai'ds. a larger quantity (A), tlie property A\'ill not pass to the vendee until tlie price shall have been ascertained by weighing the goods in the one case, or the goods sold shall have been separated by weight or measiu-e in the other. So if an article be ordered to be manufactured, the property in it wall not vest in the person who gave the order, until it shall, Avith his assent, have been ap- propriated for his benefit (/). It is not, however, neces- sary that a price should actually be named. A con- tract to sell withovit naming a price is a contract to sell at a reasonable price : and the property in goods may Avell pass by such a contract (m). So a contract to sell by weight may pass the property in the goods before they are actually weighed, if such appear to be the in- tention of the parties (n). But with regard to goods of the value of lOZ. or up- wards, additional requisites have been enacted by the seventeenth section of the Statute of Frauds (o), which provides, " that no contract for the sale of any goods, wares and merchandizes for the price of 10/. sterling .or upwards shall be allowed to be good, except the buyer shall accept part of the goods so sold, and actually re- ceive the same, or give something in earnest to bind the bargain, or in part of payment, or that some note or memorandiun in A^o-iting of the said bargain be made and signed by the parties to be charged by such con- tract, or their agents thereunto la wildly authorized." And by a modern statute (p), this enactment " shall extend to all contracts for the sale of goods of the value ik) Busk V. Davis, 2 Man. & Selw. 397; Shepley v. Davis, 5 Taunt. 617. (Z) Atliinson v. Bell, 3 B. & Cress. 277; Williins v. Bromhead, 5 Man. & Gr. 963, 973. {m) Joyce v. Snanti, 17 C. B., N. S. 84. (;t) Turhy v. Bates, 2 Hurl. &' Norm. 200. (0) 29 Car. II. c. 3. (i;) Stat. 9 Geo. IV. c. 14, s. 7. ?>tQlIoadley v. M'Laine, lOBing. 482, 486. OF THE ALIENATION OF CHOSES IN POSSESSION. 41 of 10/. sterling and upwards, notwithstanding the goods may be intended to be delivered at some future time, or mav not at the time of such contract be actually made, procured or provided, or fit or ready for delivery, or some act may be requisite for the making or completing thereof, or rendering the same fit for delivery." The above section of the Statute of Frauds has been interpreted by a vast number of cases decided on almost every one of the phrases it contains (q). The chief dif- What is an ac- ficulty has been to determine the exact meaninsr of the ^eptance and ^ ° , ^ actual receijjt acceptance of part of the goods and actual receipt of within the stu- the same, required on the part of the buyer, and to as- " ^' certain in each particular case whether such acceptance and actual receipt ha^'c taken place or not. The ac- ceptance required appears not to be necessarily such as shall preclude the purchaser from afterwards objecting to the quality of the goods (r), and it may be prior to the receipt (5). Actual receipt seems, according to the great preponderance of authority, to mean receipt of the possession of the goods, and to be merely correlative to delivery of possession on the part of the vendor {t). There must, therefore, be an actual transfer of the article sold, or some part thereof, by the seller, and an actual taking possession of it by the buyer (?<). The possession of a simple bailee is, however, as Ave have seen {y), constructively the possession of the bailor. If therefore the vendor should change his character and become the bailee of the purchaser, there may be a sufhcient actual receipt in law on the part of the piu*- (//) See Smith's Mercantile Law, B. 11 Jur., N. S. G22; G Best & 468 et seq. 5th ed.; 495 et acq. Smith, 431. 6th ed. (s) C'usack y. Robinson, 1 Best (r) Morton v. Tihhetf, 15 Q. & Smith, 299. B. 428; Bushell v. Whcclrr, 15 {t) Smith's Mercantile LaM-, Q. B. 442; Cxrrie v. Anderson, il'2, n. {g), 5th ed. ; 499, n. (w), 2 Ellis Si, Ellis, 592, 600. Sec, 6th ed. Sminders v. Topp, 4 Ex. however. Hunt v. Ilecht, 8 Exch. Ivcp. 390. 814; Nicholson v. Bower, 1 Ellis ( u) Baldey v. Varlicr, 2 B. & & Ellis, 72; Smith v. Hudson, Q. Cress. 37, 41. (t') Ante, p. 27. 42 OF CHOSES IN POSSESSION. chaser, altliougli the goods still remain in the possession of the vendor {x). So if any part of the goods be dehvered to an agent of the vendee, or to a carrier named by him, this is a sufficient receipt by the vendee himself (y) ; and if the goods should be in the possession of a warehouseman or wharfinger at the time of sale, the receipt by the purchaser of a delivery order, pro- vided it were coupled with the assent of the bailee, would be a sufficient receipt of the goods within the statute (z). The whai-finger holds the goods as the agent of the vendor, until he has agreed with the pur- chaser to hold for him. Then, and not till then, the wharfinger is the agent or bailee of the pm-chaser, and the possession of such wharfinger is that of the pur- chaser; and then only is there a constructive dehvery to him («). The requisi- The requisitions of the statute, it will be observed, tions of the • ^1 alternative. Either the buyer must accept statute are m n • i the alternative, part of the goods sold, and actually receive the same, or he must give something in earnest or in part of pay- ment, or some note or memorandimi in wTiting must be signed. The two former alternatives are left as they were before the statute ; but the last is a new requisition which must be observed in the absence of either of the former (b). The effect of the statute, therefore, is to abolish tender and mere Avords as sufficient for a sale, and to substitute for them the more exact evidence of a Memorandum note or memorandum in writing (c). But as the memo- (.r) Castle v. Stvorder, Exch. {a) Farina v. Home, 16 M. & Chamb. 6 H. & N. 828, reversing W. 119, 123. the judgment of the Com-t of Ex- (b) Lee v. Griffin, 1 Best & chequer, 5 H. & N. 281. Smith, 272; Wilkinson v. Erans, (y) Ban-es v. Peek, 8 T. Eep. Law Rep , 1 C. P. 407. See Van- 330; Hart v. Bush, 1 E. B. & E. deniergh v. Sj}ooner, Law Rep., iOi, 4!)8. See however Norman I Ex. 316. V. Phillips, 14 M. & W. 277; (c) Every memorandum, letter. Coombs V. Bristol and Exeter or agreement made for or relating Ballway Company, 3 H. & N. to the sale of any goods, wares or 510. merchandize, is exempt from all (z) Bentall v. Burn, 3 B. & stamp duty; stat. 55 Geo. III. c. Cress. 423; Pearson v. Dan-son, 184, Sched., Part I. tit. Agree- 1 E. B. & E. 448. See ante, p. 37. ment. m writmo OF THE ALIENATION OF CH08ES IN POSSESSION. 43 randum may be signed by an agent lawfully authorized, tlie bought or sold notes given by a broker are a suffi- cient memorandum Avithin the meaning of the statute (d). And it is held that the entry of a purchaser's name by an auctioneer's clerk at an auction is also sufficient to satisfy the statute, as the clerk is, for that piu-pose, the authorized agent of the purchaser (e). But one of the contracting parties to a sale cannot be the agent for the other for the purpose of signing a memorandum of the bargain (jf). If the agreement is not to be performed within the When the space of one year from the making thereof, then, how- nortTbTper- ever small be the value of the goods, no action can be formed within brought upon it, unless the agreement, or some memo- randum or note thereof, shall be in writing, and signed by the party to be charged therewith, or some other person thereunto by him lawfully authorized. This is another provision of the Statute of Frauds (^), and will be hereafter noticed more particularly. Although the property in goods sold passes, as we have seen (A), fi-om the vendor to the vendee, immedi- ately upon the execution of a valid contract for sale, yet the possession of the goods of course remains with the vendor until he deliver them, which he is bound to do when the purchaser is ready to pay the price (i), but not before (k). And so long as the vendor retains actual or Vendor's lien, constructive possession of the goods, he has a lien upon them for so much of the purchase-money as may remain (,d) Grove v. AJJalo, 6 B. & (g) 29 Car. II. c. 3, s. 4. Cress. 117; Barton v. Crofts, 16 (/i) Ante, p. 38. C. B., N. S. 11. (;■) Rmvsony. Johnston,, 1 East, (e) Bird t. Boulter, 4 B. & 203. Adol. 443. (Ti) Bloxam\. Sanders, iB&m. (/) Farehrother v. Simmons, & Cress. 941. 5 B. & Aid. 333. 44 OF CIIOSES IN POSSESSION. unpaid (/). But when the goods are once delivered by the vendor out of his own actual or constructive posses- sion, his Hen is gone ; for lien in law is, as we have seen (»«), merely a right to retain possession, and not to recover it when given up. Stoppage in transitu. First allowed by Court of Chancery. Under certain circumstances, however, the vendor of goods has a right to resume their possession, with which he had previovisly parted imder a contract for sale. This right is called the right of stoppage in transitu; and it occurs Avhen goods are consigned entirely or partly {n) on credit from one person to another, and the consignee becomes bankrupt or insolvent before the goods arrive. In this event the consignor (o) has a right to direct the captain of the ship, or other carrier, to deliver the goods to himself or his agent instead of to the consignee, who has thus become imable to pay for them. The right of stoppage in transitu was first allowed and enforced only by the Com-t of Chancery, which, in the exercise of its equitable jm-isdiction, considered that, under the cfrcum- stances above mentioned, it was very allowable in equity for the consignor to get his goods again into his own hands ( p). But the right was subsequently acknowledged by the courts of law ; and it is now constantly enforced by them. As this right was originally of equitable origin it cannot be expected to depend on strictly legal princi- ples ; and the doctrines of law on this particular subject are in fact unlike its usual doctrines on other matters. Thus it is at variance with the general principles of law that a man should be allowed to transfer to another a right which he has not, or that a second purchaser should (Z) Dixon V. Yates, 5 Bam. & Adol. 313; Lachington v. Ather- ton, 7 Man. & G. 360. (?/i) Ante, p. 28. (ii) Hodgson v. Loy, 7 T. R. 440. (o) Bird V. Brown, 4 Ex. Rep. 786. ( j?) Wiseman v. Vandejnitt, 2 Vern. 203 ; Snee v. Prescot, 1 Atk. 245. OF THE ALIENATION OF CHOSES IN TOSSESSION. 45 stand in a better position than Ms vendor (q) ; but the consignee of goods may, by indorsing the bill of lading to a honajide indorsee, defeat the consignor's right to stop in transitu (r). So a delivery of goods into the possession of a carrier appointed by the vendee is, in construction of law, a delivery to the vendee himself, and divests the vendor's lien for the unpaid purchase- money {s) ; but until the transitus is completely ended, or the goods come to the actual possession of the vendee, the vendor's right to stop them in transitu may still be exercised in the event of the bankruptcy or insolvency of the vendee (0, unless indeed such right be defeated, as we have said, by a honajide indorsement of the bill of lading. Thus, although by the sale of the goods the property in them, involving the risk of their loss, passes to the purchaser, and although the possession of them be dehvered to a carrier named by him, still such posses- sion may be resumed by the vendor dm-ing the journey, in the event of the bankruptcy or insolvency of the vendee. As this right is a departure from legal princi- ples on the vendor's behalf, it is allowed only in one of the two cases of bankruptcy or insolvency, by which latter term appears to be here meant a general inability to pay, evidenced by stopping of payment (?«). When possession of goods has been resumed by the vendor under his right of stoppage in transitu, he is restored to (jl) Dixon V. Yates, 5 Barn. & 508, 519. See Van Casteel v. Adol. 339. Booker, 2 Ex. Rep. 691; Eeine- (r) LicJilarro7VY. 3Iason,2T. hey v. Earle, 8 E. & B. 410; R. 63; 1 H. Bl. 357; 6 East, 21; Smith v. Hudson, Q. B. 11 Jur., 1 Smith's Leading Cases, 888; N. S. 622; 6 Best & Smith, 431; Jenhyns v. Ushorne, 7 Man. & Serndtson v. Strang, L. C. 16 Gr. 678, 699. W. R. 1025; L. Rep., 3 Ch. 588. (s) Dawes v. Peck, 8 T. R. 330; (w) See Smith's Merc. Law, 525, ante, p. 40; WUmshurst v. Bom- n. (5), 5th ed.; 554, n. 6th ed. ker, in error, 7 Man. & Gr. 882. The case of WUmshurst v. Bow- it) Hoist V. Ponmal, 1 Esp. 240; ker, 5 New Gas. 541 ; 7 Scott, 561 ; Northey v. Field, 2 Esp. 613; 2 Man. & G. 812, was reversed in Jackson V. Nichol, 5 New Cases, error, 7 Man. & Gr. 882. 46 OF CHOSES IN POSSESSION. the lien for the unpaid purchase-money which he had before he parted with such possession ; but, according- to the better opinion, the contract for sale is not thereby rescinded {x). A recovery in There is one case in which the property in goods trover vests passes from One person to another by payment of their the property mi _ -■■ ^ l j the defendant, value without any actual sale. In any action of trover (?/) the plaintiff is entitled to damages equal to the value of the property he has lost, but not fm-ther, unless he has sustained any special damage {z). The defendant there- fore, hasdng paid the amoimt of the damages, is entitled to retain the goods in respect of which the action is brought; and the property in them vests in him ac- cordingly («). The alienation of personal chattels is prohibited to be made by certain persons and for certain objects. And Alien. first "with respect to persons. An alieyi or foreigner is under great restrictions as to the acquirement of real estate (Z») ; but with respect to personal chattels he stands i/»j'>r a. y^. on the same footing as a natural-bom subject; for by the act to amend the laws relating to aliens (c), it is enacted (c?) that from and after the passing of this act, any alien, being the subject of a friendly state, shall and may take and hold by purchase, gift, bequest, represen- tation or otherwise, every species of personal property, {x) Bloxamv. Sande7-s,4:BiiYn. Johnson, C. P. 18 Jur. 775; 15 & Cress. 949; 1 Smith's Leading C. B. 145. Cases, 432; Seliotsmans v. Lan- (b) See Principles of the Law casMre and Torkshire Railway of Real Property, 56, 2nd ed.^ 58, Company, Law Rep., 2 Ch. 332, 3rd & 4th eds.; 61, 5th & 6th eds.;- 340; 36 L. J., N. S. 361, 366. 62, 7th & 8th eds. (y) See ante, p. 24. {c) Stat. 7 & 8 Vict. c. 66, ex- (r) Bodley v. Reynolds, 8 Q. plained by stat. 10 & 11 Vict. c. B. 779. 83. (a) Cooper v. Shepherd, 3 C. (r7) Sect. 4. B. 266, 272. See BucMand v. OF THE ALIENATION OF CHOSES IN POSSESSION. 47 except chattels real, as fully and effectually to all intents and purposes, and •v\itli the same rights, remedies, ex- emptions, priyileges and capacities, as if he were a na- tural-born subject of the united kingdom. The gift of Infant, idiot an infant or person under the age of twenty-one years ^° ^ ' • is voidable (e), and that of an idiot or lunatic appears to be absolutely void (_/) : in tliis respect the law of personal chattels is now the same as that of real estate (^). Mar- Mamed ried women also are incapable of making any disposition of personal chattels, except such as may be settled in equity in trust for their own separate use ; for marriage is an absolute gift in law of all the wife's choses in pos- session to her husband, as well those she is possessed of at the time of the marriage, as those which come to her during her coverture (h). Persons convicted of treason Convicts. or felony forfeit on such conviction the whole of their goods and chattels to the crown : and nothing but a bojici /*-'*t # •^^ -^ /ide alienation for a valuable consideration, made pre-» ' X* ' <-»- <•!•• \aously to conviction, can avert such forfeiture (2). ,> ^ ^"^^ ^' .. When a felony is not capital, the punishment endured r / 'X-*.' •» IV" has the effect of a pardon (A); but the restoration to civil rights does not take effect till the determination of * ' *^' ' "^ the period of punishment. All personal property, there- ^^ f ' "^ fore, which accrues to a felon during his transportation ' ' / "^ "^^ ' is forfeited to the crown (Z); but a mere contingent*''^"''' ^^i^C'ijt. interest Avill not be forfeited, if it do not vest until the expiration of the period of banishment (??i). (e) Bac. Abr. tit. Infancy and (I) 3 Rep. 82 b; 4 Bla. Com. Age (I), 3. 387, 388; Perkins v. Bradley, 1 (/) Ibid. tit. Idiots and Lnna- Hare, 219; Cliomne v. Baylis, 31 tics (r). Beav. 351. (^) See Principles of the Law (/<-) Stat. 9 Geo. IV. c. 32, s. 3. of Real Property, 57, 2nd ed.; (/) Roberts y. TFci/ee?', 1 Russ. 59, 3rd & 4th eds.; 62, 5th cd.; & M. 752. 63, 6th ed.; 64, 7th & 8th eds. (w) Stokes v. Holden, 1 Keen, (Ji) Co. Litt. 300 a; 1 Rop. Hnsb. 145; Thomjjson's trusts, 22 Beav. and Wife, 169. See j^ost, the 506. chapter on Husband and Wife. 48 Gift for de- frauding cre- ditors. Mortgage of goods. OF CHOSES IN POSSESSION. "VYItli regard to the objects for wlilcli the alienation of chattels personal is prohibited, gifts to charitable purposes are not restricted, neither are corporations excepted objects, as in the case of landed property (w). But by a statute of the reign of Ehzabeth (o), the gift or alienation of any lands, tenements, hereditaments, goods and chattels, made for the purpose of delaying, hindering or defrauding creditors, is rendered void as against them, unless made upon good, which here means valuable, consideration, and honajide to any person not having at the time of such gift any notice of such fi-aud. There are also more stringent provisions to the same efiect contained in the bankrupt laws, to which reference will be hereafter made in the chapter on bankmptcy. The fraudident pm-pose intended by the statute of Elizabeth can of com'se only be judged of by circum- stances. Thus it has been held that if the owner of goods make an absolute assignment of them by deed to one of his creditors, and yet remain in the possession of the goods, such remaining in possession is a badge of fraud, which renders the assignment void, by virtue of the statute, as against the other creditors (jg). But if the assignment be made to secm-e the payment of money at a fritm-e day, with a proviso that the debtor shall remain in possession of the goods imtil he shall make defaidt in payment, the possession of the debtor, being then consistent with the terms of the deed, is not re- garded in modern times as rendering the transaction fr-audulent within the meaning of the statute {q). Such a transaction is in fact a mortgage of the goods, analo- gous to a mortgage of lands (r). The property in the 1 {n) See Principles of the Law of Keal Property, 58, 2nd ed.; 60, 61, 3rd & 4th eds.; 64, 65, 5th ed. ; 69, 6th ed.; 72, 7th & 8th eds. (o) Stat. 13 Eliz. c. 5. (ji») Tmyne's case, 3 Kep. 80 b; 1 Smith's Leading Cases, 1 ; Ed- wards V. Harhen, 2 T. Rep. 587. {q) Edwards v. Harhen, 2 T. Rep. 587 ; Martindale v. Booth, 3 Bam. & Adol. 498; Reed v. Wilmot, 7 Bing. 577. (?•) See Principles of the Law of Real Property, 332, 2nd ed.; OF THE ALIENATION OF CHOSES IN POSSESSION. 49 goods passes at law bj the deed to the mortgagee (.5), whilst the possession of them rightly remains ^^dth the mortgagor. The mortgagee therefore cannot maintain an action of trover for the goods against a stranger, until default has been made bj the mortgagor m pay- ment of the money secured {t). In this respect a mort- gage of goods differs from a mere pledge, in which the property in the goods remains with the pledgor, and the pledgee, although he may have power to sell them, obtains possession only (^^), the right to retain which enables him to maintain an action of trover (i'). The chief disadvantage in a mortgage of goods is, that, as the goods continue in the possession of the mortgagor as reputed owner, they will, by virtue of provisions in one of the banki-upt acts, become liable, in the event of his bankruptcy, to be sold for the benefit of his creditors generally (x). By recent acts of parliament (y) every Eegistration bill of sale of personal chattels, whereby the grantee ^^ ^^^^^ °^ ^^^^* shall have power to take possession of any effects therein comprised, or a true copy thereof, must be registered in the office of the Court of Queen's Bench Avithin twenty- one days ; otherwise such bill of sale is rendered void, so far as regards any of the goods in the apparent pos- 849, 4th ed. ; 360, 5th ed.; 382, See 2 Davidson's Precedents, 609, 6th ed.; 389, 7th ed.; 407, 8th ed. 2nd ed.; B,v parte Sjnirrow, 2 De («) Gale V. Burnell, 7 Q. B. G., M. & G. 907. 850. (m) Ante, p. 27. (t) Bradley v. Cojfley, 1 C. B. («) Leffg v. Bvans, 6 Mee. & 685; Brierleij Y. Xendall, 17 Q. Wels. 36. B. 937. If the mortgagor should (x) Ryall v. Rolle, 1 Atk. 165, retain possession after default in 170; S. C. nom. Ryall v. Roivles, payment at the time specified, it 1 Ves. sen. 348 ; stat. 6 Geo. IV. may possibly be doubted whether c. 16, s. 72, repealed and re-enacted the security would not then be by stat. 12 & 13 Vict. c. 106, void as against creditoi's under the s. 125; Freshney v. Carrick, 1 H. statute of Elizabeth, for, by the & IST. 653; Spachman v. Miller, terms of the deed, the mortgagor 12 C. B., N. S. 659; Hornsby v. is only to enjoy possession nnt'il Miller, 1 Ell. & Ell. 192. default. But the better opinion (y) Stats. 17 & 18 Vict. c. 36; is that the deed will still be g-od. 29 & 30 Vict. c. 96. W.P.P. E 50 OF CHOSES IN POSSESSION". session of the grantor, as against tlie assignees of the grantor, in case of his baulvruptcy, or under any assign- ment for the benefit of his creditors, and as against all sheriff's officers and other persons seizing the effects in execution of any process of any court of law or equity issued against the goods of the grantor, and also as against any subsequent duly registered bill of sale {z). Such bills of sale before the act were vahd as against an execution creditor, though void as against assignees luider the bankruptcy of the grantor, and the act does not appear to give to such bills of sale as are filed under it any greater vahdity than they had before (a). But if the bill of sale be not filed, the goods may now be taken in execution, which they could not have been Fixtures. before the act. The act does not apply to fixtures, when they pass by a conveyance of the premises to which they are affixed (Z»). And as seizure of the goods of a trader under an execution for an amount exceeding fifty pounds has now been made an act of bankruptcy (c), a bill of sale of the goods of a trader, whether filed or Eegistration to not, now affords a very unsatisfactory secui-ity. The emyTe'^ Bills of Sale Act, 1866 (d), now pro\-ides for the re- years, newal every five years of the registration of biUs of sale, by an affida\dt to be filed in a given form that the se- curity is stin subsisting, without which the prior regis- tration will cease to be of any effect. Involuntary alienation for payment of debts. Choses in possession have long been liable to invo- luntary alienation for the payment of the debts of their (z) Richards y. James, L. Eep., 2 Q. B. 283. (a) Stansfeld \. Cuiitt, 2 De G. & Jones, 222; Badger v. Shaiv, Q. B., 8 W. R. 210; 6 Jur., N. S. 377 ; 2 Ell. & Ell. 472. (Jj) Mather v. Fraser, 2 Kay & J. 536 ; Waterfall v. Penni- stone, 6 E. & B. 876; Boyd v. Shorrock, V. C. W., L. Rep., 5 Eq. 72. The bill of sale must be duly stamped before it can be registered. Stat. 24 & 25 Vict. c. 91, s. 34. (c) Stat. 24 & 25 Vict. c. 134, s. 73. {d) Stat. 29 & 30 Vict. c. 90. OF THE ALIENATION OF CHOSES IN POSSESSION. 51 OA^^le^. On the decease of any person, liis personal property generally has always been liable, in the first place, to the payment of his debts of every kind. And if a creditor take proceedings against his debtor in the debtor's lifetime, a sale of his goods and chattels may be prociu'ed by means of a wiit oi fieri facias [fi.fa.) Writ of fieri issued in execution of iho, judgment of the court. This '^'^^'^^* wi'it is of very ancient date, and is usually said to be given by the common law ; though some suppose that its name arose from the wording of the statute of Edward I. (e), by wliich the wiit of eler/it was pro- ■vdded(/). The wiit directs the sheriff to cause the debt to be realized out of the goods and chattels of the debtor, quod fieri facias de bonis et catallis, &c. : and a sale of the goods is made by the sheriff accordingly. This sale is now directed to be made by pviblic auction in all cases where the debt or damage recovered exceeds fifty pomids, unless the Court of Bankruptcy shall othermse direct (^). And the seizure of the goods of a trader is now aiv act of bankruptcy whenever the debt or damages recovered exceed fifly pounds (A). Goods however are not, as lands formerly were, affected by the mere entry of 2i judgment of a court of law against the owner. The debtor was always allowed to alienate his goods until the wi-it of execution was issued ; although, by a fiction of law, all judicial proceedings, writs of exe- cution included, formerly related back to the first day of the term to wliich they belonged (z). Goods, there- fore, which had been sold afler the first day of a term, (e) Stat. 13 Edw. I. c. 18, called s. 74. This section was perhaps the Statute of Westminster the intended to apply to traders only, Second. See Principles of the but its wording is general. Lawof Real Property, G3, 2nd ed.; (/*) Sect. 73. Woodhouse v. G6, 3rd and 4th eds.; 71, 5th ed.; Murray, L. Rep., 2 Q. B. 634. 75, 6th ed.; 78, 7th and 8th eds. (*) Com. Dig. tit. Execution (/) Bac. Abr. tit. Execution (D 2); Anon., 2 Vent. 218. See (C). 2 Sugd. Vend. & Pur. 9th ed. 198. {g) Stat. 24 & 25 Vict. c. 134, E 2 62 OF CHOSES IN POSSESSION. Statute of Frauds. New enact- ment. mlglit yet practically have been seized under a writ of /i. fa. relating back to that day, but subsequently issued. To remedy this e\il, it was enacted by one of the sec- tions of the Statute of Frauds (j), that no wi-it ofjieri facias or other writ of execution shall bind the property of the goods against which it is sued, but from the time that such writ shall be delivered to the sheriff, under- sheriff, or coroner, to be executed; and the officer is required, upon receipt of the T\T:it, to indorse on it (without fee) the day of the month and year on which he received it. Goods and chattels might therefore be safely alienated, although judgment might exist against the owner, provided a ^a-it of execution were not actually in the hands of the sheriff. And a recent statvite now provides that no writ of execution shall prejudice the title to goods acquired by any person bondjide, and for a valuable consideration, before the actual seizure thereof by virtue of such ^sT^-it ; pro\aded such person had not, at the time when he acquired such title, notice that such ^vrit, or any other writ under Avhich the goods might be seized, had been delivered to the officer and remained vmexecuted in his hands {k). It has been decided that an alienation to secure or satisfy another creditor is not voidrntliin the above-mentioned statute of the 13 Eliza- beth (/), although made with the intention of defeating an expected execution of the judgment creditor (m). Levari facias. Besides the sale of goods under the writ of fieri facias, there might also be a wTit of levari facias, now disused, by which the sheriff leaded the corn and other present profit which grew on the lands, together with the rents then due, and the cattle thereon (n). And by the writ Elegit. of elegit, the goods of the debtor are delivered to his ij) Stat. 29 Car. II. c. 3, s. 10. {]{) Stat. 19 & 20 Vict. c. 97, s. 1. See Hohsoii v. Thelluson, L. Rep., 2 Q. B. G42, qu.? (J.) Stat. 13 Eliz. c. .-). (/«) Wood V. Dixie, 7 Q. B. 892 ; Hale v. Saloon Omnibus Comijany, 4 Drew. 492. {n) 2 Wins. Saunders, G8 a, n. 0). OF THE ALIENATION OF CHOSES IN POSSESSION. 53 creditor at an appraised value, together with possession of his lands (o). It has however been enacted, that the wearing apparel and bedding of any judgment debtor or his family, and the tools and implements of his trade (not exceeding in the whole the value of five pounds), shall not be liable to seizure under any execution or order of any court against his goods and chattels (p). And the Common Law Procediu-e Act, 1860, now The court may provides, that where goods or chattels have been seized ^^^^^ ^ ^^'*^- in execution by a sheriff or other officer under process of the superior com-ts of common law, and some third person claims to be entitled under a bill of sale or other- Avise to such goods or chattels by way of security for a debt, the com-t or a judge may order a sale of the whole or part thereof, upon such terms as to payment of the whole or part of the secured debt or otherwise as they or he shall think fit, and may direct the ajjplication of the proceeds of such sale in such manner and upon such terms as to such court or judge may seem just {q). Glioses in possession are also liable to involuntary Bankruptcy, alienation on the bankruptcy of their owner. In this Troperty now event, all such property as may belong to or be vested trustee. in the bankrupt at the commencement of the bankruptcy, or may be acquired by or devolve on him during its continuance, except property held by him on trust for any other person, and except the tools (if any) of his trade and the necessary Avearing apparel and bedding of himself, his wife and children, to a value, inclusive of tools and apparel and bedding, of twenty pounds in the ^ whole, vest fu'st in the registrar of the Court of Bank- ruptcy, and then in the trustee appointed by the credi- tors under the Bankruptcy Act, 1869 (r). Under the Under prc- prcAaous bankruptcy act the property of the bankrupt '^^""^ '^'^V^d''! (o) Pullen V. Purbecke, 1 Ld. s. 8. assignees. Raym. 34G. See the present forms {q) Stat. 23 & 24 Vict. c. 126, of this writ and of the writ of fi. s. 13. fa., 9 Adol. & Ell. 986 et scq, 5 (r) Stat. 32 & 33 Vict. c. 71, New Cases, 366 et seq. ss. 17, 83, paragraph (6). See (/>) Stat. 8 & 9 Vict. c. 127, post, the chaj^ter on Bankruptcy. 54 OF CHOSES IN POSSESSION. Goods in the possession, oi-der or dis- position of a bankrupt. TJankruptfy Act, 1869. vested first in the official assignee, and then in the cre- ditors' assignees (s). And in order to prevent traders from obtaining false credit from the possession of pro- perty Avhich Avas not their own, it was provided bj the former bankruptcy acts (t), that if any bankrupt at the time he became bankrupt shoidd by the consent and permission of the true owner thereof have in his possessio7i, order, or disposition, any goods or chattels, ■v^hereof he was reputed owner, or whereof he had taken upon him the sale, alteration or disposition as owner, the Court of Bankruptcy should have power to order the same to be sold and disposed of for the benefit of the creditors under the bankruptcy. But it was held that, until an order for the sale of such goods had been made by the coiu-t, no property in them vested in the assignees {ii) ; and the order was required to specify the particular goods which were to be sold {x). The above provision was apparently extended by the Bankruptcy Act, 1851 (y), to all persons whether traders or not. And now by the Bankruptcy Act, 18G9 {z), the property of the bankrupt divisible amongst his creditors comprises all goods and chattels being at the commencement of the bankruptcy in the possession, order or disposition of the bankrupt, being a trader, by the consent and per- mission of tlire true owner, of which goods and chattels the bankrupt is reputed owner, or of which he has taken upon himself the sale or disposition as owner ; j^ro^aded that things in action, other than debts due to him in the coiu-se of his trade or business, shall not be deemed goods and chattels within the meaning of tliis clause. (s) Stat. 24 & 25 Vict. c. 134, ss. 108, 117. (f) Stats. 6 Geo. IV. c. 16, s. 72; 1 & 2 Will. IV. c. 56, s. 7; 5 & 6 Vict. c. 122, s. 59 et sf^'., I'epealed and consolidated Ijy stat. 12 & 13 Vict. c. 106, s. 125; Hamilton v. Bell, 10 Ex. Eep. 545 ; 18 Jnr.' 1109; BeyiwhU v. Hall, 4 H. & N. 519 ; Holdenieas v. Ranh'ui, 2 De G., F. & J. 258. (?<) Hcsloj? V. Bakcr,Q Ex. Eep, 740; 15 Jur. 684. ^cc Ex parte Hesloj), 1 De G., M. & G. 477 ; Ex jmrte Wood, 4 De G., M. & G. 861; Ex parte Yonng, 4 De G., M. & G. 884. {x) Qnarterma'me v. Bittlr- ston, 13 C. B. l;;:!; EieUing v. Lee, 18 C. B., N. S. 499. Cy) Stat. 24 & 25 Vict. c. 134, s. 232. (r) Stat. 32 & 33 Vict. c. 71, s. 15, par. (5;. ( 55 ) CHAPTER IV. OF SHIPS. There is one important class of clioses in possession wliicli tlie policy of the law has rendered subject to peculiar rules, namely, ships and vessels. The whole of the acts relating to Merchant Shipping were repealed by the Merchant Shipping Repeal Act, 1854 (a), and the law on this subject is now contained in the Mer- chant Shipping Act, 1854 (6), as amended by the Mer- chant Shipping Act Amendment Acts, 1855 (c) and 1862 (d). Every British ship, with a few unimportant British sMp3. exceptions, is required to be registered (e), and no ship is to be deemed a British ship unless she belongs wholly to natm-al born British subjects, or to persons made denizens or duly natiu'alized. But no natural born subject who has taken the oath of allegiance to any foreign state can be owner, unless he has subsequently taken the oath of allegiance to her Majesty, and con- tinues during his ownership resident within her Ma- jesty's dominions, or, if not so resident, member of a British factory, or partner in a house actually carrying on business mthin her Majesty's dominions. And every denizen and naturalized person must continue during his ownership resident within her Majesty's dominions, or, if not so resident, must be a member of a British factory, or partner in such a house of business as above mentioned. But bodies corporate established under (a) Stat. 17 & 18 Vict. c. 120. (e) Stat. 17 & 18 Vict. c. 104, (h) Stat. 17 & 18 Vict. c. lOi. s. 19. As to colonial shijiping, (c) Stat, 18 & 19 Vict. c. 91. see stat. 31 & 32 Vict. c. 129, Id) Stat. 25 & 26 Vict. c. G3. 56 OF CHOSfiS IN POSSESSION. and subject to the laws of the United Kingdom or any British possession, and having their principal place of business therein, may be owners (/). The registration is made by the collector, comptroller or other pi-incipal officer of customs for the time being at any port or other place in the United Kingdom approved by the commissioners of customs for the registry of ships, and by other officers in the colonies and possessions abroad {g). Property in The property in every ship is divided into sixty-four divkied intr sl^^i^es ; and, subject to the provisions of the act vAi\\ sixty-four respect to joint owners or owners by transmission, not shares. ^^^^ ^^^^^ thirty-tAvo indi\dduals shall be entitled to be registered at the same time as owners of any one ship ; but this rule is not to affect the beneficial title of any number of persons, or of any company, represented by or claiming under any registered owner or joint owner. And no person is entitled to be registered as owner of any fractional part of a share in a ship ; but any number of persons not exceeding five may be registered as joint owners of a ship, or of a share or shares therein. And joint owners are to be considered as constituting one person only, as regards the foregoing ride relating to the number of persons entitled to be registered as owners, and shall not be entitled to dispose in severalty of any interest in any ship, or in any share or shares therein, in respect of which they are registered. A body corporate may be registered as owner by its corporate name (Ji). No trusts en- No notice of any trust, express, implied, or constructive, tered on the ^^^^i be entered in the register book or receivable by register. _ _ . . , , the registrar; and, subject to any rights and powers appearing by the register book to be vested in any- other part}^, the registered o^vner of any ship, or share (/) Stat. 17 & 18 Vict. c. 104, C^) Sect. 30. s. 18. (/O ^ect. 37. OF SHIPS. 57 therein, shall have poAver absolutely to dispose of such ship or share in the manner prescribed by the act, and to give effectual receipts for any money paid or advanced by way of consideration (2). But the intention of the But equities act is, that, without prejudice to the provisions contained £^^0(1'' ^^' in the act for preventing notice of ti'usts fi-om being entered on the register, and without prejudice to the powers of disposition and of giving receipts, conferred by the act on registered owners and mortgagees, and "without prejudice to the provisions contained in the act relating to the exclusion of unqualified persons from the ownership of British ships, equities may be enforced against owners and mortgagees of ships in respect of their interest therein, in the same manner as equities may be enforced against them in respect of any other personal property (k). Upon the completion of the Certificate of registry of any ship, the registrar gives a certificate of ^^^^^ ^^ ' registry in the form prescribed by the act. And when- ever any change takes place in the registered owner- ship of any ship, then if such change occurs when the ship is at her port of registry, a memorandum of such change is forthwith indorsed by the registrar on the certificate of registry. But if the ship is absent from her port of registry, then, upon her first return to such port, the master must deliver the certificate of registry to the registrar, and he is to indorse thereon a like memorandum of the change. Or if she previously an'ives at any port where there is a British registrar, such registrar shall, upon being advised by the registrar of her port of registry of the change having taken place, indorse a like memorandum thereof on the certificate of registry, and may for that purpose require the certificate to be delivered to him, so that the ship be not thereby (0 Sect. 43. Jur., K S. 912; 13 C. B., N. S. (A) Stat. 25 & 26 Vict. c. 03, 668 ; Sta2?leto7i v. Haymcn, 2 s. 3. See Ward v. Bech, C. P., 9 Hurlst. & Colt. 918. 58 OF CHOSES IN POSSESSION. detained (Z). Provision is also made for the granting of a new certificate in the place of any which may be delivered up, or may be mislaid, lost or destroyed {7n). The certificate of registry is to be used only for tlie navigation of the ship, and is kept in the custody of the master, and is not subject to detention by reason of any title, hen, charge, or interest whatsoever which any 0T\Tier, mortgagee or other person may have or claim to have in the ship described in such certificate (w). Transfer of A registered ship or any share therein, when disposed ships. ^£ ^Q persons quahfied to be owners of British ships, must be transferred by bill of sale, and such bill of sale must contain such a description of the ship as is con- tained in the sm-veyor's certificate, or such other descrip- tion as may be sufficient to identify the ship to the satis- faction of the registrar, and must be according to the form set out in the schedule to the act, or as near thereto as circumstances permit, and must be executed by the trans- feror in the presence of and be attested by one or more witnesses (o). And in case any bill of sale, mortgage or other instrument for the disposal or transfer of any ship or any share or interest therein, is made in any form or contains any particulars other than the form and par- ticulars prescribed and approved for the pui-pose by or in pm-suance of the Merchant Shipping Act, 1854, no registrar shall be required to record the same without the express direction of the commissioners of her Majesty's customs {p). And no individual can be regis- tered as transferee of a ship, or of any share therein, until he has made a declaration in a prescribed form, stating his qualification to be registered as owner of a share in a British ship. And if a body coi-porate be (l) Stat. 17 & 18 Vict. c. 104, (o) Sect. 55. s. 45. (2>) Stat. 18 & 19 Vict. c. 91, (m) Sects. 47, 48, 53. s. 11. In) Sect. 50. OF SHIPS. 59 transferee, the secretary or otlier diilj appointed public officer of sucli body corporate must make a similar declaration (5'). The bUl of sale, together with the required declaration, must then be produced to the registrar of the port at which the ship is registered, who thereupon enters in the register the name of the transferee as owner of the ship or share comprised in the bill of sale, and also indorses on the bill of sale the fact of such entry having been made, with the date and hour thereof. All bills of sale are entered in the register book in the order of then' production to the registrar (r). All mortgages of any ship, or share therein, are to Mortgage of be in a form prescribed by the act, or as near thereto ^ ^^^' as circumstances permit ; and on the production of such instrument, the registrar of the port at which the ship is registered is to record the same in the register book (5). Every such mortgage is to be recorded by the registrar in the order of time in which the same is produced to him for that purpose, and the registrar shall by memorandmn luider Ms hand notify on the instrument of mortgage that the same has been re- corded by him, stating the day and houi- of such re- cord (f). If there is more than one mortgage regis- tered, the mortgagees are entitled to priority one over the other according to the date at which each instru- ment is recorded in the register book, and not according to the date of each instrument itself, notwithstanding any express, implied or constructive notice (u). No mortgagee is to be deemed by reason of liis mortgage to be the owner of a ship, or of any share therein, nor is the mortgagor to be deemed to have ceased to be O'UTier, except in so far as may be necessary for making iq) Stat. 17 & 18 Vict, c. 104, (s) Sect. 66. s. 56. It) Sect. G7. (?•) Sect. 57. 00 Sect. 69. GO OF CHOSES IN rOSSESSIOX. such sliip or share available as a security for the mort- gage debt (x). Every registered mortgagee is to have power absolutely to dispose of the ship or share in respect of which he is registered, and to give effectual receipts for the purchase-money ; but if more persons than one are registered as mortgagees of the same ship or share, no subsequent mortgagee shall, except under the order of some court capable of taking cognizance of such matters, sell such ship or share without the con- cm-rence of every prior mortgagee (y). Mortgages of ships are not to be affected by the bankraptcy of the mortgagor (z) ; and a form is provided for the transfer of mortgages (a). And whenever any registered mort- gage shall have been discharged, the registrar, on pro- duction of the mortgage deed with a receipt for the mortgage money indorsed thereon, didy signed and attested, makes an entry of the discharge of such mort- gage in the register book ; and upon such entry being made, the estate, if any, wliich passed to the mortgagee, vests in the same persons in whom the same would (ha^-ing regard to intervening acts and circumstances, if any) have vested if no such mortgage had ever been made {b). Pro\dsion is made enabling any registered owner to empower any other person or persons to sell any entire ship, or to mortgage any ship or any share therein, at any place out of the country or possession in which the Certificates of port of registry of the ship is situate. For this purpose sale and mort- ^yJiat are caUed certificates of sale or mortgage are gage. (x) Sect. 70. See UiirojJean, v. Pojje, 37 L. J., N. S., Exch. Co. V. Ro7/al Mail Co., 4 K. & J. 137; Law Rep., 3 Exch. 269. 676; Dickinson v. Kitchen, 8 E. (y) Stat. 17 & 18 Vict. c. 104, & B. 789; Marriott v. Tlie Anclior s. 71. Reversionary Comjmny, Limited, {z) Sect. 72. 2 Giff. 457; Collins v. Lamport, («) Sect. 73. L. C. 11 Jur., N. S. 1; 13 W. R. (A) Sect. 68. 283; 34 L. J., Chan. 196; JRusden OF SHIPS. 01 granted by tlie registrar on certain conditions men- tioned in the act, and in forms set out in the schedule thereto (c). The above are the principal provisions of the act so far as relates to the conveyance of ships. For more particular information the reader must be re- ferred to the acts themselves, which are of great length. It may, however, be added, that all instruments used in Exempt from carrying into effect that pai-t of the act which relates to ^*^"^P '^"*^- British ships, their OAvnership and registry, are exempt from stamp duty {d). The Admiralty Court Act, 1861 {e), confers on the jurisdiction of High Court of Admiralty iiu-isdiction to decide all ^}^^ ^^»^ » . ^ , '' '' Court of questions arising between the co-owners, or any of Admiralty. them, touching the OAvnership, possession, employment and earnings of any ship registered in any port in Eng- land or Wales, or any share thereof; and it empowers that court to settle all accounts outstanding and un- settled between the parties in relation thereto, and to direct the ship or any share thereof to be sold, and to make such order in the premises as to the court shall seem Rt{f). The same act also gives the Court of Admiralty jurisdiction over any claim in respect of any mortgage duly registered according to the provisions of the Merchant Shipping Act, 1854 {(/). Sometimes a vessel is hired for a given voyage. The Charter-party. instrument by which such hiring is effected is termed a charter-party (A). Whether the legal possession of the ship passes to the hirer (or charterer, as he is called) depends on the stipulations contained in the charter- party, such as whether the charterer or the owner is to (c) Sects. 76 ct saq. Sec Crr (g) Sect. 11. See also sects. V. Dickinson, 1 John. 1. 10, 12 and 13. * (rZ) Stat. 17 & IS Vict. c. 10-1, (/i)Thestampdutyonacharter- s. 9. party is now sixpence. Stat. 28 (e) Stat. 24 Vict. c. 10. & 20 Vict. c. 90, s. 7. (/ ) Sect. 8. 62 OF CHOSES IN POSSESSION. General ship. Bill of ladino;. Freight. provide the seamen, and keep the vessel hi order (i). Where a merchant ship is open to the conveyance of goods generally, it is called s^genei-al ship. The receipt for the goods given by the master is called the hill of lading : it states that the goods are to be deUvered to the consignee or his assigns ; and by the custom of mer- chants, the bill of lading, when indorsed by the con- signee with his name, becomes a negociable instriunent, the delivery of which passes the property in the goods (A) ; but it was formerly held that the right to sue upon the contract contained in the bill of lading to carry and dehver the goods did not pass by the indorsement (/). It is, however, now enacted, that every consignee of goods named in a bill of lading, and every indorsee of a bill of lading, to whom the property in the goods therein mentioned shall pass upon or by reason of such consio-nment or indorsement, shall have transferred to and vested in him all rights of suit, and be subject to the same liabilities in respect of such goods, as if the contract contained in the bill of lading had been made ■with liimself (/«). The money payable for the hire of a ship, or for the carriage of goods in it, is the freight wliich, whether accrued or accruing, is assignable in the same manner as any other ordinary chose in action (^^). The delivery of goods imported from foreign parts, and the lien of the ship owner for their freight, are now regulated by the provisions of the Merchant Shipping Act Amendment Act, 1862 (o). (i) Bean v. Hof/ff, 10 Bing. 345; Fenton v. City of London Steam Packet Comjiany, 8 Ad. & Ell. 835. (Jt) CaUnell v. Ball, 1 T. Rep. 205, 216. (Z) Tlwmjfson v. Bominy, \i Mee. & Wels. 403. (w) Stat. 18 & 19 Vict. c. Ill, s. 1. («) Bouylas v. Russell, 4 Sim. 524 ; 1 M. & K. 488 ; Leslie v. Guthrie, 1 New Cases, 697; Lind- say V. Gihhs, 22 Beav. 522. (o) Stat, 25 & 26 Vict. c. 63, ss. 66—78. ( 63 ) PART 11. OP C HOSES IN ACTION. CHAPTER L OF ACTIONS EX DELICTO. In addition to moveable goods, or clioses in possession, we have observed («), that there existed also in ancient times choses in action, or the libei-ty of proceeding in the courts of law either to recover pecuniary damages for the infliction of a wrong or the nonperformance of a contract, or else to procure the payment of money due. The actions to be thus brought were, of course, not real, but purely personal actions. Real actions were brought for the recovery of land or real property ; but the above- mentioned actions were against persons only, and the object was merely to obtain from them money, being the only recompense then generally available. In this respect, however, the law has recently undergone some change : for the Common Law Procedure Act, 1854, now enables the plaintitF in any action, except replevin and ejectment, in any of the supeiior courts, to claim a writ of mandamus commanding the defendant to fulfil Writ of man- any duty in the fidfilment of which the plaintiff is per- *^ '^"^"^* sonaUy interested, and by the nonperformance of which he may sustain damage {b). And it also provides, that in aU cases of breach of contract or other injury, where the party injured is entitled to maintain and has brought an action, he may claim a writ of injunction against the Writ of in- junction. (a) Ante, p. 4. ss. 68, 69; Norris v. Irish Land ih) Stat. 17 & 18 Vict. c. 125, Companij, 8 E. & B. 512. G4 OF CIIOSES IN ACTION. repetition or continuance of such breacli of contract or other injury, or the committal of any breach of contract or injury of a like kind, arising out of the same contract Costs. or relating to the same property or right (c); and the Common Law Procedure Act, 1860, requires that in the above cases the costs of the A\-i-it of mandamus or injunction shall be paid by the defendant, unless other- ■\vise ordered by the court or a judge (d). But the rights thus given do not appear to have materially in- terfered with the wider and more ancient jurisdiction of the Court of Chancery in issuing an injunction to re- strain the wrong-doer from continuing his wrong, or in decreeing the specific ■performance of a contract. By a recent statute the Court of Chancery is empowered to award pecuniary damages, either in addition to or in substitution for an injunction or specific performance (e). In many cases, however, money alone is a sufficient recompense ; and then the right to bring an action at law, in other words a legal chose in action, constitutes a valuable kind of personal property. Actions ex de- licto and ex contractu. The infliction of a wi-ong, and the nonperformance ^of a contract, are evidently the two grand sources from ■which personal actions ought to proceed. If one man commits a A\Tong against another, justice e^ddently re- quires that he should give liim satisfaction ; and if one man enters into a contract with another, he certainly ought to keep it, or make reparation for its breach ; or if the conti'act be to pay a sum of money, the money ought to be duly paid. Personal actions are accordingly di\'ided by the law of England into two great classes, actions ex delicto, and actions ex cojitractu (^f). The (c) Stat. 17 & 18 Vict. c. 125, s. 2; Zeivers v. Earl of Shaftcs- ss. 79—82. hnrij, V. C. W., 2 Law Rep., Eq. (rf) Stat. 23 & 24 Vict. c. 126, 270. s. 32. (/) 3Black. Com. 117. {e) Stat. 21 & 22 Vict. c. 27, OF ACTIONS i:X DKLICKJ. 6o former arises in respect of a Avrong couiniitted, called in law French a tort ; the latter, in respect of a contract made for the performance of some action, which thus hecomes a duti/, or for the payment of some money, Avhich thus becomes a debt. Let us consider, in the present chapter, the right of action which occurs c.v delicto, or in respect of a toi^f. The ancient law, in its dread of litigation, confined the remedy In' action for a tort or wrong committed, to the joint lives of the injurer and the injured. If either Maxim actio party died, the right of action Avas at an end, the maxim ]'.';'Sf'nalis " o. \ J ^ <^ ritur cum pei- l)eing actio persoiiah's moritur cum persona (f/). In sona. this rule, actions ex delicto only Avere included ; of which, however, there seem to have been more than any other in early times. But, by an early statute {h), the same Exceptions on action was given to the executor for any injury done jj^'jjj^ "ujurcd. to the personal estate of the deceased in his lifetime, Avhereby it became less beneficial to the executor, as the deceased himself might have In-ought in his lifetime. And by a modern statute (i), an action is given to the executors or administrators of any person deceased for any injury to the real estate of such person, committed Avithin six calendar months before his death, for Avhich an action might have been maintained l)y him ; so that the action be l)rought Avithin one year after the death of such person ; and the damages, Avhen recovered, are to be part of the personal estate of such person. And )>y a later statute (h), it is provided, that Avhenever the death of a person shall be caused by such AATongful act, neglect or default, as Avould (if death had not ensued) (ff) 1 Wms. Sannd. 2\C> a, n. (/) Stat. 3 & -t Will. IV. c. 42, (1). ^'. L'. (70 Stat. 4 Edw. III. c. 7, dc (l-) Stat. '.) & 10 Vict. c. 93, loHisasportailsinvifdtestntoris, amended by stat. 27 & 28 Vict, extended to executors of executors c 95. See Pym v. The Great bv Stat. 1." YAw. III. c. o. Northern. Balln-ay f'o.ni>nny, 2 AV.IM', Best & Smith, 750. 66 OF CII<)SE>^ IN ACTION. have entitled the party injured to maintain an action and recover damages in respect thereof, the wrong-doer shall ])e liable to an action for damages, notwithstanding the death of the person injured, and although the death shall have been caused under such circumstances as amount in law to felony. Under this act, one action only can lie for the same subject-matter of complaint ; and such action must be commenced within twelve calendar months after the death of the deceased (Z), in the name of his executor or administrator (7;i), and must he for the benefit of the ^vife, husband, parents, grand- father and grandmother, stepfather and stepmother, children, grandchildren and stepchildren of the deceased, in stich shares as the jury shall direct (;?). And if there shall he no executor or administrator of the person de- ceased, or, there being such executor or administrator, no action shall have been brought in his name within six calendar months from the death of the deceased, then such action may be brought l)y and in the name or names of all or any of the persons (if more than one) for whose benefit such action would have l)een, if it had been brought by or in the name of such executor or administrator («). Previously to this statute, a man who had been maimed by another could recover com- pensation for the injury ; but if he died of his wound, liis family could obtain no recompense for the loss of a (Z) Stat. 9 & 10 Vict. c. OH, mother, and graiulfather and .«. 3, jiiandmother, and stepfather and (w) Sect. 2. .stepmother; and the -word "child" ()i) Sects. 2, a. This act is a .shall include son and daughter, specimen of the common ahsur- and grandson and granddaughter, dity of modei-n acts of parliament, and .stepson and stepdaughter, in introducing an interpretation Now the words " parent " and clause in one section just to vaiy " child " occur only [in the one the meaning of another. It enacts place just mentioned besides this in one section that the action shall intcrjiretation clause. Why not Lc for the benefit of the wife, hus- therefore say at once what is really band, parent and child; and in intended? another section that the word (o) Stat. 27 it 28 "\'ict. ?. ',)', '■■ parent "^shallinclude father and .«. ]. OF ACTIOXS iCX DKIJCTO. (17 life Avliich might haAe Leen tlieir only (Icjjcndence. .Vnd even now, wlien the death of a person is not caused, no action can be brought by his executor or adn^inistrator for any injvuy which aftected him personally, if it did not touch his property. Tlius it has been held, that an executor or administrator cannot have an action for a breach of promise of marriage with the deceased, where no special damage can l)e stated to lia^e acciiied to lier personal estate {]>). Not only tlie death of tlie injui-ed party, but also that Death of the of the Avrong-docr, formerly put an end to every action '*^'^o°g-'^«^''' ■\vliicli arose from a tort or wrong ; and this was the case up to a very recent period ; although if the executor or administrator had profited by the wrong done, the injured party was able to reco^•er from him the money or goods lie had thus gained {q). But by a modern statute (r) an action may now be maintained against the executors or administrators of any person deceased, for any wrong- committed by him Avithin six calendar months before his death against another person, in respect of his property real or personal ; so as such action be brought within six calendar months after such executors or administrators sliall have taken upon themselves the administration of the estate and effects of such person. And the damages to be recovered in such action are to be payable in the like order of administration as the simple contract debts of such person. The remedy afforded by this statute does not preclude such action as might haA'e previously been brought against the executor or admi- nistrator (.?). There is one peculiar action founded on tort, to which. Action for di- fl-om the nature of the case, the deceased himself cannot ^^^" ^ ^*^^^' (i^) Chamljcrlaln v. WiJIiam- (r) Stat. 3 & -i Will. IV. c. 42, son, 2 Mail. & Sel. 408, 415. s. 2. iq) PowrJl V, lices, 7 Ad. & (.«) Pon-dl v. Ilecs, ul)i .'^npra. El. 420. F 2 OF CHOSK^ IX ACTIOX. be liable, but wliicli is maintaiuable by the common law against his executors or administrators. This is the ac- tion for dilapidations of the houses or buildings on a be- nefice ; and it is brought by the new incumbent, whether of a rectory, \dcarage or perpetual curacy (t), against the executors or administrators of his predecessor. This action cannot be said to be an exception to the ride actio personalis moritnr cum persona, for the deceased is not liable during his lifetime ; the plaintiff must be the suc- ceeding incumbent ; and an action cannot be said to die which never had or could have any existence («). How- ever, in the case of resignation or exchange, the preceding incumbent is himself liable for dilapidations {v). In es- timating the damages to be recovered in this action, the rule is as folloAvs : — The incumbent is bound to maintain the parsonage, farm buildings, and chancel in good and substantial repair, restoring and rebuilding when necessary, according to the original form, Avithout addi- tion or modern improvement ; and he is not bound to supply or maintain anything in the natiu'e of ornament to wliich painting (uidess necessary to preserve exposed timbers from decay) and white wasliing and papering belong (a:). And no damages can be recovered on account of neglect to cultivate the glebe lands in a husbandlike manner (?/). If the incumbent commit any act of waste, such as could not be committed by any ordinary tenant for life (z), he may l>e restrained by an injunction out of the Court of Chancery (a) ; but it has recently been decided that his executors will not be liable in an action for dilapidations for waste committed (_t) Mason v. Lamhevt, 12 Q. B. (y ) Bird v. Ilnli)li, 4 Bam. & 795. Adol. 820. {u)Sollcrs\.Lan-rcnce,Vi\\\Q%, (z) See Principles of the Law 421. of Real Property, p. 23, 4tli, 5th, ((•) Dorcnes v. Craiff, 9 Mee. & Cth, 7th & 8th cds. Wels. 166. (a) The Duhe of Marlborough (,v) Wise V. MHcalf, 10 Barn. v. St. John, ", De Gex & Sni. 174. & Cress. 299. OF ACTIONS EX DELICTO. 09 hy him in Jigging gravel in pits -whicli -were opened by liis predecessor (i). Whether they would be liable if the incumbent himself opened the pits appears doubt- ful (c). Claims for dilapidations have this peculiarity, that they are not to be satisfied by the executor until after payment of all the debts of the testator, including those merely by simple contract (d). (h) Ross v. AdcoeJ,-, L. Kqi., o (d) Bryan v. Clay, 1 E/ ^ C. P. 655. Black. 38. But as to equitable (<:•) See Huntley v. JRitssell, 13 assets, see Bissctt v. Burgess, 2',y Q. B. 572; Ross v. Adcoeli, ubi Bear. 278. supra. 70 OF CHOSES IX ACTIOX. CHAPTER II. OF CONTRACTS. Personal actions, Ave have observed (a), may be brougli' not only on accoimt of tlie infliction of a wrong, but alsc to recover pecvmiary damages for tlie non^Dcrformance ci a contract, or to procure the payment of money due, ii. tlie payment of a specific sum be the subject of the cout tract. As tlie payment of money is the law's ultimate remedy in personal actions, an action for a given debD will be effectually satisfied by a judgment that the plain- Action of debt, tiff' do recover his debt ; and this is the judgment ac- cordingly given in an action of debt, which lies for the recovery of a specific sum due from the defendant to the Actions which plaintiff" (Z»). But when no sj^ecific sum is claimed, the mageV"^'^^' action can only, in tlie law plmase, sound in damages ; and the amount of the damages to be recovered must, until recently, ha^e been assessed by a jury according to the injury sustained (c). But the Common Law Pro- cedure Act, 1852, noAv proA'ides, that, in actions in which it shall appear to the court or a judge that the amount of damages sought to be recovered by the plaintiff' is substantially a matter of calcidation, the court or a judge may direct that the amount for which final judgment is to be signed shall be ascertained by one of the masters of the court (d) ; and fm-ther, that, in all actions where the 2)laintiff' recovers a sum of money, the amount to which he is entitled may be awarded to him by the judg- ment generally, without any distinction being therein made as to whether such sum is recovered by way of a New enact- ment. {a) Ante, p. 4. (6) Stephen on I'lcadinj. (r) Ihhl. ].. 117. lit;. {d) Stat. 15 & 16 Vict. c. 7(3, y4. OF COXTIIACTS. 7i debt or damages (e). It is, liowever, competent to the parties to a contract to agree between themselves, that, Liquidated in the event of a breacli by eithej party, a given sum <^^"^^g*^^- sliall be recovered from him by the other as stipulated or liquidated damages ; and in this case the whole of the sum thus agreed on may, on a breach of the contract, be recovered from the defaulter (^f). The sum so agreed on is not properly called a penalty ; for, as we shall sec hereafter when spealdng of bonds, the la-\v regard^s a ])enalty as a seciuity only for the damage actually sus- tained ; although the use of the word penalty Avill not })revent the whole siuii from being recovered, if this be clearly the intention (r/). But where a sum of money is stipulated to be reco^'ered as liqiddated damages in case of the breach of an agreement to do several acts, and such sum will, in case of breaches of the agreement, be in some instances too large and in others too small a compensation for the injury occasioned, such sum will not be allowed to be recovered in case of any breach, Ijut damages only, proportioned to the actual injury which the breach has occasioned (A). In such a case, if the parties Avish to bind themselves to pay liquidated damages, they must contract in clear and express terms, that for the breach of each and every stipulation con- tained in the agreement a sum certain is to be paid ; and in that case, although the stipidations may be of various degrees of importance, the parties Avill be held to their contract (/). {e) Stat. 15 & IG Vict. c. 7(5, B. 71G; Sparrow v. Paris, 7 H. s. 95. & N. 59-t. (/) Reilhj V. Jones, 1 Bing. {h) Kemhle\. Farren, QTMng. 302; S. C. 8 Moore, 2U; Sugd. 141; S. C. 3 Moo. & Pay. 425; Vend. & Pur. 221, 11th ed. ; Davics \. Penton,QBiiY.8i,CxQS9. Leigliton v. Wales, 2 Mce. & 210, 223; S. C. 9 Dowl. & Rj-. Wels. 545; Price v. Green, 16 M. 3G9 ; Horner v. Tllntoff, 9 Mee. & & W. 34G, 354; Oalsworthy v. \Yc\^.(3lS,(i^l; RcindelY. Schell, Strutt, 1 Excli. Kep. G59; Athyns 4 Scott, N. S. 97; Bctts v. Burch, V. Khinicr, 4 Exch. Rep. 77G. 4 II. & N. 50G. (y) Su'udcr V. FcrfjusoH, 7 C. (() Per Parke, B., 9 Mee. & OF CHOSES IN ACTION. Definition of Li contract. Implied pro- mise. Assumpsit. So much then for the legal remedies fur a breach of contract. Let us iioaa^ inquire more particularly of Avhat a contract itself consists. A contract then, as cleiined hy Blackstone (Jt), is " an agreement upon sufficient consideration to do or not to do a particular thing." This agreement may be either express or implied ; for the law always implies a promise to do that which a l^erson is legally liable to perform, and the action of assumpsit on promises is constantly maintained for damages for the breach of such an implied contract (Z). Thus a jDerson who takes the goods of a tradesman is liable in assumpsit for their market value : for, as he took the goods, the law will imply for him a promise to pay for them. So a person who employs another to work for him impliedly contracts to give him reasonable remuneration ; and a man who borrows money impliedly promises to repay it. And in all these cases the plain- tiff, until recently, plainly stated that the defendant promised the plaintiff to pay him the money on request, and that the defendant had disregarded his promise, and had not paid the same monies or any pail thereof. But the Common Law Procedm-e Act, 1852, now requires that all statements of this kind shall be omitted (m). Express contracts are either ))y parol, or word of mouth, Avhich are called simple contracts^ or by deed under seal, Avhich are called special contracts (n); al- though simple contracts may, and often must at the Parol or simple present day, be evidenced by writing. Let us consider first mere parol or simple contracts. A parol conti-act then is an agreement hj word of mouth, upon sufficient contract. "Wels. 6S0. Se.eAtki/)isx. Kin nicr, \ Exch. Rep. 776 ; Mercer v. [fciug, 1 E. 13. & E. o(J3. (Ti) 2Bla. Cum. 4-t2. (T) Strj'hen "n Plomlinqr, 1>. [m) Stat. 15 & 16 Vict. c. 7t>, 40. {n) liann \. JFii>jhcs, 7 T. IJ. OF CON'J'RACTS. consideration, to do or not to do a particular thing. According to the law of England a consideration is an Consideration essential ingredient in every contract : a promise with- accessary, out a consideration is regarded as nudum pactum, and no recompense can be recovered for its breach (o), nei- ther will its performance be enforced in a court of equity (;:>). Thus if a man promise to give me 100/. without any consideration, he is not bound to perform his promise, and I am without remedy if he should break his word. 80 even if I should have done him Consiikration any service, his subsequent promise to pay me money, or otherwise benefit me, for a consideration already executed on my part, will not be binding, unless I should have done him the service at his request, in which case the promise Avill relate back to the re- • quest («7), or unless a request can be implied from a subsequent allowance of the service, or from other cir- cumstances (r); and if the service rendered be of such a nature that the law will imply a promise in respect of it, any subsequent express ])romise different from that which the law will imply will be void as nudum inic- tum {s). And if the service, or any part of it, has been illegal consi- illegal from being contrary to the common law or to ^^^^g^^^" ^^^' any statute, such illegal consideration will not support a promise. Thus a promise made in consideration that the other party had published a libel at the request of the person making the promise, and had also at the like request incm-red certain costs, was held void on account (o) Doctor & Student, dial. 2, Ell. 438, 451; S. C. 3 Per. & Dav. c. 24; 2 Bla. Com. 445. 282; 1 Wms. Saund. 2G4, n. (1). (^) 1 Fonb. Eq. 335 ct seq.; (?■) The maxim is oiJinis rati- Llpple V. Corlcs, 11 Hare, 183. JiaJAtio retrotraliiturct mandato (q) Hunt Y. Bate, Dyer, 272 a; (equiparatitr: 1 Wms Saund. Lampleigh t. Brathn-ait, Hob. 264 b, n. (e). 105; 1 Smith's Leading Cases, 67; (s) HojjM/is r. Logan, 5 Mee. Powle V. Gunn, 4 N. C. 445, 448 ; & Wels. 241, 247. EndivoofJ V. Kiuynn, 1] Ad. & Gooil. 74- OF CH08ES IX ACTIOX. of the illegality of i)art of tlic coiir^ideratioii, naniely, ])ubllslung the libel, Avhicli vitiated the -whole {t). And in like manner the circumstance of a woman's having cohabited with a man is not of itself a valid considera- tion to su])port a promise made by him to pay her a sum of money (x). Considerations Considerations are divided in law into two classes, good or valu- ^^^^ (sometimes called meritorious) and valuable. A able. J \ 111 good consideration is that of blood, or the natural love and affection \\hich a person has to his children, or any Valuui.le'. of his relatives (r). A valuable consideration maybe either pecuniary, naniely, the payment of money ; or the gift or conveyance of anything valuable ; or it may be the consideration of the man-iage of the party him- self or of anv relative (?r); or the compromise of a bona fide claim (^'); or any act of one party from which the other, or any stranger at his request, express or implied, derives any ad^-antage ; or any labour, detriment, in- convenience or risk sustained by the one party, if such laboTir be performed, or such detriment, inconvenience or risk be suffered by the one party at the request, express or implied, of the other, although such other A good t'oubi- mav himself derive no actual benefit (y). A good con- SuVsup-' sitleration is not of itself sufficient to support a promise, port a promise, anv more than the moral obligation which arises from a man's passing his word ; neither will the tAvo together make a binding contract ; thus a promise by a father to (f) Shackell v. Rosier, 2 Biug. 2G3; Fraser v. TkomjJson, 1 Giff. N. C. 634, 64-t. 49, 65. (?/) Biiuilngton v. Wallis, 4 (a:) Z«cy's case, 4 De Gex, il. B. & Aid. 650, 052. See how- & G. 356; Cooli v. Wright, 1 Best ever Gibson v. DicJt'te, 3 Man. & & Smith, 559. Sel. 463; Kecnan v. JIandley, 2 (y) Sel\v}-n's Xisi Prius, tit. As- De Gex, Jones and Smith, 283. siimpsit, 46; 1 Wms. Saund. 211 d, (0 2 Black. Com. 297, 444. n. (2); 2 AVms. Saund. 137 li, (?i') Canqnoii v. Cotton, 17 Vc^. n. (c). OF COXTKACTS. 75 inako ii gift to \ni< cliikl will not be enforced against liim (z). The consideration of natnral love and affection is indeed good for so little in law, that it is not easy to see why it shonld be called ixgood consideration; for in law it is considered as not good against creditors within the statute 13 Elizabeth («), in which the A'ery phrase f/ood consideration is used ; it is not good to support a contract ; and a gift for such consideration is regarded as simply voluntary {b). The only reason why such a con- sideration shoidd be called ^oo<^^ appears to be, that in early times, previously to the passing of the Statute of Uses (c), the Court of Chanceiy enforced a covenant to stand seised of lands to the use of any person of the blood of the covenantor, on account of the goodness of the consideration ; whence it has lia])pened that, since that statute, the legal estate (being by that statute an- nexed to the use {d)) will pass to a relative under a covenant to stand seised to his use (e). But the rules that anciently governed the Court of Chancery do not now^ regulate its proceedings (f) ; although modern ecjuity Avill still interfere in favour of a wife or child in gome cases in which it will not interpose on behalf of strangers {(j). A valuable consideration is, therefore, in all cases Valuable con- necessaiy to form a valid contract. It has indeed been ^i^^cration (i) Jeffcnj y. Jvffevy, 1 Craig cd.; 143, Otli cd.; 147, 7tli cd.; 153, & Ph. 138; Dillon v. Cojjpin, 4 8tli ed. My.8iCi:6i7;IIollo7rai/v.IIcad- (e) JJ/rZ. p. 159, 2nd ed.; I(j4, *«/7;o«, 8 Sim. 324; Meek v. A'et- 3rd ed.; 1G6, 4th ed.; 173, 5th tlcivcll, 1 Hare, 464; 1 Phil. 342. ed.; 181, Gth ed.; 185, 7th ed.; See however Bills v. Ximmo, 194, 8th ed. Lloyd & Goold, 333. (/) Ihid. p. 131, 2nd ed.; 135, (a) Tinjne's case, 3 Rep. 80 h; 3rd & 4th eds.; 141, 5th ed.; 148, ante, p. 48. Gth ed.; 151, 7th ed.; 157, 8th ed. {h) 2 Black. Com. 297. (^) Ibid. p. 239, 2nd ed.; 246, 00 27 Hen. VIII. c. 10. 3rd ed. ; 248, 4th cd. ; 258, 5th {d) Principles of the Law oi' cd.; 270, Gth ed.; 276, 7th ed.; 288, Keal Property, 126 ct seq., 2nd Sth cd. cd.; 131, 3rd & 4th eds.; 136, 5th contract. 76 OF (;ilO.>ES IN ACTION. ExiUTSs pro- jiiisc foimded oil moral ol)li- gatioii insulii- cicnt. Debt barred by bankruptcy Debt barred by the Statute of Limitations. tlioiio;]it that an express promise, founded on a moral obligation is sufficient for this purpose (A). This how- ever appears to be a mistake. An express promise can give no original right of action, if the obligation on -which it is founded could never have been itself en- forced (/). But in some cases a valuable consideration, which might have formed a contract by means of an implied promise, had its operation not been suspended ]>y some positive rule of law, may be revived and made available by a subsequent express promise. Thus a debt barred by the debtor's having become banki-u})t and obtained liis certificate, might formerly have been enforced against liim, if, after his bankruptcy, lie had expressly promised to pay it (J) ; but such a promise was required, by the modern bankrupt acts (A), to be made in Avriting signed by the bankrupt, or by some person thereto lan^fiilly authorized Ijy him in writing ; and the Bankrupt Lavv Consolidation Act, 1849, ren- dered all such ]-)romises void (Z) ; and a similar provision is contained in the Bankruptcy Act, 1861 (m). So a simple contract debt, A'vliicli would otherwise liave been barred by the Statute of Limitations (n), from liaving been incm-red upAvards of six } ears, may be revived by a subsequent promise to pay, or even by an unconditional (//.) Lce\.Miiijijcr\(hjc, o Taunt. 36. This case may now be con- sidered as virtually overruled by subsequent authorities mentioned in the next note. See however Dawson v. Kearton, 3 Sma. & Giff. 190, qu. ? (i) Note to Wennall v. Adney, 3 Bos. & Pull. 2.52 ; Littlcfidd v. Shefl, 2 Barn. & Adol. 811 ; Meyer V. Han-orth, 8 Adol. & Ellis, 467; S. C. 3 Nev. & Per. 462; Monh- man v. Shepherdsoti, 11 Adol. & Ell. 411, 415; S. C. 3 Per. & Dav. 182; Jennings \ . Brown, iKi' Purko, B., Mec. 1*1' Wr]<. .501; East wood v. Kcnyon, 11 Adol. & Ell. 447; S. C. 3 Per. & D. 276; 2 Wms. Sauiid. 137 f, n. (e); JJcaiimont v. lieeve, 8 Q. B. 483. (j) Traeman v. Fenton, Cowp. 544; KirlqjatrlcU v. Tattersall, 13 Mee. & Wcls. 766. {k) 6 Geo. IV. c. 16, s. 131; 5 & 6 Vict. c. 122, s. 43. (Z) Stat. 12 & 13 Vict. c. 106, s. 204; Kidson v. Turner, 3 H. & N. 581. (wO Stat. 24 & 25 Vict. c. 131, .s. 164. (w) Stat. 21 .Tnr. J. c. J 6, s. 3,. OF CO^TKACTS. 77 acknowledgment of the debt (o) ; but by modern statutes such promise or acknowledgment must be made or con- tained by or in some writing, to be signed by the party chargeable thereby, or by his agent (p). And in like Debt incuncd manner a debt incurred or contract made by a person '^ming infancy. during infancy and voidable on that account, may be confirmed by an express promise or ratification made when of full age (B&xn. 8c B. 808. Add. 899; Chcrru v. Heming, 4 (/') Wdh \. Horto,), 4 Bing. Ex. Eop. 631. or CONTRACTS. 81 quiring written evidence {k). The last clause of the enactment has however received a very liberal construc- tion. The w^ords are " signed by the party to be Signed l>y the charged therewith, or some other person thereunto by charged. him lawfully authorized." And it has been held that any insertion by the party of his name in any part of the agreement is a sufficient signing within the sta- tute (/), provided the name be inserted in such a manner as to have the effect of authenticating the instru- ment (tw); and it is not necessary that both parties should sign the agreement. The whole of the agree- ment must be contained in the ■\\Titing, either expressly or by reference to some other document, but the Avriting is required by the statute to be signed only by the party to be charged (?«). And as a " memorandum or note" Memorandum of the agreement is allowed, a writing sufficient to satisfy °^ '^^ ^* the statute may often be made out from letters written by the party (o), or from a written offer, accepted, A^dth- out any variation (/?), before the party offering has exercised his right of retracting (q) ; and when corre- Acceptance of spondence is carried on by means of the post, an offer ' ^ " is held to be accepted fi-om the moment that a letter accepting the offer is put into the post, although it may never reach its destination (r). (^k) See 1 Smith's Leading (j)) Holland v. Eyre, 2 Sim. & Cases, 144: et seq. Stu. 194 ; Gibbons v. Korth- (J) Ogilvie v. Foljambe, 3 Eastern Met ropolltan Asylum Meriv. 62. District, 11 Beav. 1. (wi) Stokes V. Moor, 1 Cox, (q) RoutledycY. Grant, iB'mg. 219; Selby v. Sdby, 3 Meriv. G53; S. C. IMoo. & P.717; 6'(77«'.s 4, (i. V. Leonino, 4 C. B., N. S. 485; (?i) Laytlioar]} v. Bryant, 2 Hebb's case, M. R., Law Rep., 4 Bing. N. C. 735, 742. See Sugd. Eq. 9. Vend. & Pm-. c. 4, ss. 3, 4, p. 102 (;•) Bnnlop v. Iligyins, 1 H. of et seq., 13th edit. L. Cas. 381; Duncan v. Topkum, {p) Owen V. Tliomas, 3 My. & 8 C. B. 225. Keen, 353. AV.P.P. G 82 OF CHOSES IN ACTION. Sale of goods The seventeenth section of the Statute of Frauds, ^°u-ds^' "' "^' which relates to contracts for the sale of goods, wares and merchandize for the price of 10/. or upwards, has been abeady noticed (s), together with the clause in the statute of Geo. IV., next noticed, called Lord Tenter- den's Act, by which this enactment has been extended and explained (t). Lord Tenter- den's Act. Written ac- knowledgment required to take the case out of the Sta- tute of Limita- tions. The next statute which requii-es oiu- notice is in- titided " An Act for rendering a written Memorandum necessary to the Vahdity of certain Promises and En- gagements," and is commonly called Lord Tenterden's Act{u). By this statute no acknowledgment or promise by words only can take any case of simple contract out of the operation of the Statute of Limitations {x), or deprive any party of the benefit thereof, unless such acknowledgment or promise shall be made or contained by or in some writing to be signed by the party charge- able thereby (y). The effect of such a promise has already been referred to (z). The statute makes no mention of any signature by an agent ; but by a recent statute the signature of an agent has been rendered sufficient (a). And no joint contractor is to lose the benefit of the Statute of Limitations by reason only of any written acknowledgment or promise made and signed by any other joint contractor ; but nothing therein contained is to alter, or take away, or lessen the effect of any payment of any principal or interest made by any person whatsoever (Z*). However,' no indorsement (s) Ante, p. 40. (t) Stat. 9 Geo. IV. c. 14, s. 7; ante, p. 40. ('«) Stat. 9 Geo. IV. c. 14. Ix) Stat. 21 Jac. I. c. 16, s. 3. (y) See Lechmere v. Fletcher, 1 Cro. & Mee. 023; Bird v. Gavv- mon, 3 Bing. N. C, 883 ; Cheslyn V. Dalhy, 4 You. & Coll. 238. (c) Ante, p. 76. (a) Stat. 19 & 20 Vict. c. 97, s. 13. (5) Stat. 9 Geo. IV. c. 14, s. 1; Whitwian v. Kynmaii, 1 Ex. Rep. 118; Cleave v. Jones, 6 Ex. Rep. 573 ; Bamfield v, TupXJer, 7 Ex. OF CONTRACTS. 83 or memorandum of any payment wiitten or made upon any promissory note, bill of exchange or other ^\Titing, by or on behalf of the party to whom such payment shall be made, shall be deemed sufficient proof of such payment, so as to take the case out of the operation of the Statute of Limitations (c). And by a recent statute payment of any principal or interest by a co-contractor or co-debtor vnW not deprive a debtor of the benefit of the Statute of Limitations {d). Lord Tenterden's Act Promise to pay forther enacts, as has been already mentioned (e), that f^JcfedTn in- no action shall be maintained whereby to charge any fancy. person upon any promise made after full age to pay any debt contracted during infancy, or upon any ratification after fuU age of any promise or simple contract made during infancy, unless such promise or ratification shall be made by some writing signed by the party to be charged therewith. And it is further enacted (/), that Eepresenta- no action shall be brought whereby to charge any person j.a° ter^ &c. " upon or by reason of any representation or assurance made or given concerning or relating to the character, conduct, credit, abihty, trade or deahngs of any other person, to the intent or purpose that such other person may obtain credit, money or goods ujwn, unless such representation or assurance be made in writing signed by the party to be charged therewith. There appears to be some error in the word ''upon'''' in this enactment, which, as it stands, is superfluous (^). And it has been doubted whether a representation made to a purchaser by the trustee of some property, that the property was encumbered to a less extent than was actually the case, was a representation concerning the ability of the vendor Eep. 27; Fordham v. Wallis, 10 v. Woolley, 8 E. & B. 784, Hare, 217; iVflA'A v. Hodgson, 1 (^0 Stat. 9 Geo. IV. c. 14, s. 5, Kay, 650; Edwards v. Janes, 1 ante, p. 77. Kay & John. 534. (/) Stat. 9 Geo. IV. c. 14, (c) Sect. 3. s. 6. {d) Stat. 19 & 20 Vict. c. 97; i 24 Vict. c. Ill, and 27 & 28 Vict. ma)i, 16 M. & W. 355. c. 56, s. 2, 88 OF CHOSES IN ACTION. sideration (/), whilst in simple contracts a consideration must be proved. For the law presumes that no man will put his seal to a deed without some good motive {g). And when an agreement is once embodied in a deed, such deed becomes itself the agreement, and not eH- dence merely, as is the case when a parol agreement is Alteration, reduced to writing. On tliis principle it appears to be lasm-e, &c. ^\^r^x^ j^fj-gj. ^ ^qq^ \^^^ Ijeen executed, any alteration, rasm-e or addition made in a material point, even by a stranger, will render the deed void (Ji). It is true that by recent decisions (z) this doctrine has been extended to a mere written agreement. But although it is no doubt highly important that all legal instruments shoidd be preserved in then- integrity, it may perhaps be doubted Avhether the docti-ine in question would ever have ex- isted, had there been no other reason for it than the duty of a person, having the custody of an instrument made for his benefit, to preserve it in its original state. Oiijects of a Having now spoken of the promise, whether express c.^iitract, law- ^^ implied, which is necessary to a contract, and also of fill. the consideration, whether express or implied, by which such promise is sustained, let us consider some important objects for which a contract may be made, and which seem to requh-e a special mention. The object for which a contract is made may be either lavrful or unlawfid ; and if it be unlawful the contract Avill be void, and the ille- gality may be pleaded as a defence to an action brought upon such a contract (K). A distinction was formerly (/) 1 Fonbl. Eq. 342. yrackerharth, 5 C. B. 181. It is (^) See Principles of the Law now held that immatei'ial altera- of Real Property, 118, 2nd ed. ; tions, though made by a party to 123, 3rd & 4th eds. ; 128, 5th ed.; an instrument, do not render it 134, Gth ed. ; 137, 7th ed.; 143, void; Aldous v. CorrmcU, L. R., 8th ed. 3 Q. B. 573. (A) Piffot's case, 11 Rep. 27 a. (^) CoUinsv. Blantern, 2 Wils. {I) Davi(lsonY.Cooper,\ZMQQ. 341, 347; S. C. 1 Smith's Lead- k AA\d.s. 343, 352; Mollett v. ing Cases, 154; Paa-ton v. Pojf- OF CONTRACTS. 89 taken between contracts Avliose object was merely pro- hibited by the law under some given penalty, and those whose object Avas morally -wrong. The former were Mala prohibita termed mala jjrohihita, the latter mala in se{l); and it ^nd mala m se. was considered that, as the former involved no moral turpitude, a man might embrace either of the alter- natives offered by the law, and either abstain from the offence and remain harmless, or commit it and suffer the penalty. This distinction, however, has long been Distinction exploded {7n) ; for it is considered to be equally unfit that °°'^ exploded. a man should be allowed to take advantage of what the laAV says he ought not to do, whether the thing be pro- liibited because it is against good morals, or whether it be prohibited because it is against the interest of the state. Whether, therefore, the object of a contract be Contract with unlawful because morally wrong, or unlawful by the ?e"t^void ° ' policy of the common law, or unlawful because a penalty is attached to it by any particular statute, in every case the contract is void ; and it is indifferent, under such circumstances, whether the contract be made by deed, or by parol merely. Thus if a bond under seal be Bond to induce given by a man to a woman in order to induce her to ^°.^Jit'''^tion cohabit with him, it is void for the immorality of its object (n). But a bond given to a woman in respect But bond for of the injury she has sustained by past cohabitation is E^^^^ cohabita- vaHd (o). For in this case the object is not immoral ; ham, 9 East, 408; Pole v. Harro- (n) Walker v. PerMns, 1 Wm. hUi, 9 East, 416, n.; De Begnls Black. 517; S. C. 3 Burr. 1568; V. Armistead, 10 Bing. 107; S. C. G7-a]/ r. Matliias, 5 Ves. 286. 3 Moo. & Scott, 516. (o) Turnery. YanglMn,2yV\\s. (I) See 1 Black. Com. 54, 57. 339; Hill v. Spencer, 2 Amb. 641 ; (jii) Aulerty.Maze, 2 Bos. & Gray v. Matldas, 5 Ves. 286; Pul. 374, 375; Cannany. Bryce, Hall v. Palmer, 3 Hare, 632; 3 B. & Aid. 183; Benslcy v. Big- Eyne v. Moore, 1 Sim. & Stu. 61; noU, 5 Barn. & Aid. 335, 341; 2 Sim. & Stu. 2C0; Inge v. Mose- Coj)ey.R.on-lands,2M&&. & Wels. ley, 6 Bam. & Cres. 133; 2 Sim. 149, 157; Fergusson v. Nonnan, 161. 5 Bing. N. C. 76, 84. 90 OF CHOSES IN ACTION. and the consideration implied by the bond being a deed under seal supplies the want which would otherwise If some objects exist of a proper consideration (/?). If a contract have othw-s unlaw- ^^o^'G than one object, and some of the objects are laAvM ftH. whilst the others are unlawtul, the unlawiul objects will not -vdtiate the others (^), provided the good part be separable fl-om, and not dependent upon, that which is bad ( r) ; unless of course the whole contract should be rendered A^oid bj any enactment to the effect that all instriunents containing any matter contrary thereto shall be void, in which case ever}i:hing connected with the instrument wall be vitiated (5). And if the good part of a contract be inseparable from the bad, as if a con- tract be made partly in consideration of the payment of money (which woidd be good), and partly for a con- sideration whose object is illegal, the illegal part of the consideration will vitiate the good, and render the whole contract void {t). Immoral pub- lication. The instance above given of a bond for friture coha- bitation is an example of a contract void on account of its object being malum in se, or morally wrong. In the same manner, no action can be maintained on any con- tract for the sale or publication of any libellous or (^p) Binningto7i v. Wallis, 4 Barn. & Aid. 650, G52; ante, p. 73. {q) GasTicll v. King, 11 East, 165; Wigg t. Shuttleworth, 13 East, 87; Ilon'e v. Sgnge, 15 East, 440; in all whicli decisions unlaw- ful covenants to pay the property tax were held not to vitiate other valid covenants in the same instru- ment. See also Kerrison v. Cole, 8 East, 231; Mallan v. Mag, 11 Mee. & Wels. 653; Green\, Price, 13 Mee. & Wels. 695; affinned 16 Mee. & Wels. 34G; Nicliolls v. Strctton, 10 Q. B. 346. (;•) See Biddcll v. Leeder, I Bam. & Cress. 327, decided on the old Ship Eegisti-y Act. (s) See 1 Smith's Leading Cases, 169, and the statutes recited in the preamble to 5 & 6 Will. IV. c. 41. {t) Fcilierstone r. Hutchinson^ Cro. Eliz. 199; Bridge v. Cage, Ci-o. Jac. 103. See also per Tin- dal, C. J., in Waite v. Jones, 1 Bing. N. C. 662; IIopUiis v. PrcscoU, 4 C. B. 578. OF CONTRACTS. 91 immoral book or print [ti). A striking instance of a Contracts in contract, void on account of its object being contrary to ''*^'**|^'^iiit oi the policy of the common law, occui's in the case of a contract in restraint of trade. It is for the advantajre of the community that every person should be allowed the flill exercise of his trade or profession ; and any contract whereby a person is attempted to be restrained from following his usual calling, even for a limited time, is therefore absolutely void {x). But a contract is not rendered void by ha^vdng for its object the restraint of a person from trading in a particidar place (?/), or within a reasonable distance from any particular place (z), for he may carry on his trade elsewhere ; nor is a contract void which restrains a person from serving a particular class of customers («) (for there are plenty of others to be found), or which binds a person to be the servant for life in his trade to another (6), for this is not in restraint of trade when it is to be carried on for his life. In a recent case (c) a person agreed that he would become assistant to a dentist for four years, and that after the expiration of that term he would not caiTy on the busi- (u) i^ore.s V. Jb/iwes, 4 Esp. 97; Q8^; Pemherton v. Yavghan, 10 Stochdale v. Onwhijn, 5 Barn. & Q. B. 87; Athjns v. Einnier, 4 Cres. 173; S. C. 7 Dow. & Ey. Ex. Rep. 77G; Elves v. Crofts, 10 G25; Lamvcnce v. Smith, Jac. C^. 2i\; Avcvt/ y. La^igford, \ 471. Kay, G63, 6G7, where the cases are (a;) Year Book, P. 2 Hen. V. collected ; Harms v. Parsons, 32 pi. 2G; Ward v. Byrne, 5 IMee. & Beav. 328 ; Brampton t. Bed- Wels. 548; Hindy. Gray, 1 Man. does, 13 C. B., N. S. 538. & Gran. 195. («) Rannle v. Irvine, 7 Man. & (y) EitcUcoeh v. Coler, G Ad. Gr. 9G9. & El. 438; S. C. 1 Nev. & P. ' {h) Wallis v. Day, 2 Mee. & 79G; Archer v. Marsh, G Ad. & Wels. 273. Ell. 959 ; S. C. 2 Nev. & P. 5G2; (ff) Mallan v. May, 11 ISIee. & LeUjhton v. Wales, 3 Mee. & Wels. 653. See also Green v. Wels. 545. Price, 13 Mee. & Wels. G95, {z) Davis \. Maso)i, 5 T. Rep. affirmed, IG Mee. & Wels. 346; W^; Proctor Y. Sergeant, 2 Man. Nlcholls v. Strettoii, 10 Q. B. & Gr. 20; S. C. 2 Scott, N. R. 346. 289; Whlttaker v. Hotve, 3 Beav. 92 OF CHOSES IN ACTION. ness of a dentist in London, or anj of the towns or places in England or Scotland where the dentist might have been practising before the expiration of the service. And it Avas held that the covenant not to practise in London was valid; but that the stipulation as to the other toAvns and places in England or Scotland was void. And according to the rule above mentioned [d), that where some of the objects of a contract are lawful and others unlaAA-fiil, the unla^wful objects will not vitiate the others, it was held that the stipulation as to practising in London was not affected bj the illegahty of the re- mainder of the ao^reement. Charjres on benefices. The cases in which contracts may be void in conse- quence of their contravening some acts of parliament are too numerous to be here specified. As an instance may be mentioned contracts by clergymen holding bene- fices with ciu'e of souls, made for the purpose of charging such benefices with any sum of money ; which contracts are rendered void by a statute of Elizabeth (e). And in these cases it has been held that auy personal cove- nant for the payment of the money charged is not in- vaHdated by being contained in the same deed as the attempted charge on the benefice (/). Contracts for the sale or transfer of stock, of Avliich the person contracting was not possessed at the time, and of which no transfer Stock Jobbing was intended to be made, were formerly void by the Stock Jobbing Act {(/) ; and money lent for the purpose of settling losses which had arisen firom such illegal con- tracts could not be recovered back (A). But this act is now repealed (J). Securities for money won at play Act. (^. la^vful game, sport, pastime or exercise. Contracts for Usurioxis con- the payment of money, whereby there should be reserved *'^''''^*^^*^- more than five per cent, interest, were in like manner declared void by a statute of Anne, called the Usury Law (o) ; but in order to protect innocent holders of securities given for usvirious consideration, it was sub- seqviently declared that such contracts should not be absolutely void, but shoidd be considered to have been made for an illegal consideration (jo). However, by a statute of the reign of King William the Fourth ((/), it (Ji) Stat. 9 Aune, c. 14. («) Stat. 8 & 9 Vict. c. 109, s. (0 5 & 6 Will. IV. c. 41 ; Haw- 18. her V. Hallemell, 3 Sma. & Giff. (o) Stat. 12 Anne, st. 2, ch. 16. 194. ij)) Stat. 5 & G Will. IV. c. 41, (?«) See ante, p. 87. (<7) Stat. 3 & 4 Will. IV. c. 98, s. 7. 94 OF CHOSES IN ACTION. ■was provided that no bill of exchange or promissory note made payable at or within three months after the date thereof, or not having more than three months to rim, should be void by reason of any interest taken thereon or secured thereby, or any agreement to pay or receive or allow interest in discounting, negociating or transfer- ring the same. And by a subsequent statute (r), all bills of exchange and promissory notes made payable at or within twelve months after the date thereof, or not having more than twelve months to run, and all contracts for the loan or forbearance of money above the sum of 10/. sterling, were exempted from the operation of the Usury Law. Nothing, however, contained in the last-men- tioned act was to extend to the loan or forbearance of any money upon secra-ity of any lands, tenements or Usury laws hereditaments, or any estate or interest therein. And now repealed. ^^^^ -^^ j^^ act passed on the 10th of August, 1854 {s), all the laws against usury are repealed. But where interest is now payable upon any contract, express or implied, for payment of the legal or cm-rent rate of interest, or where interest is payable by any rule of law, the same rate is recoverable as before the act {t). The above enactments are perhaps the most important statutory pro\asions by which contracts may be vitiated. Contracts with Contracts whose objects are lawftd are endlessly diver- lawful objects. gj£g^^ ^^^ many of them are regulated by laws which it is not within the scope of the present work to enumerate. For the breach of any such contract pecuniary damages are, as we have seen (u), the sovereign remedy prescribed by law; though equity not unfi-equently administers more appropriate specifics. The person to whom money has become due, whether fi-om any injury received, or fi-om any contract broken, or from a contract to pay money itself, stands in a situation more or less advan- (r) 2 & 3 Vict. c. 37. (0 Sect. 3. (s) Stat. 17 & 18 Vict, c. 90. (w) Ante, p. 03. OF CONTRACTS. 95 taffeous as resfarcls liis remedies for recoverino; the money, according to tlie natnre of the debt which has Debts. thus become due to him. For by the law of England all creditors are not allowed equal rights, but are pre- feiTcd the one to the other, partly according to acci- dental cu'cumstances, and partly according to the degree of diligence and precaution which each may have used. The subject of debt is of sufficient importance to form a separate chapter. 9Q OF CHOSES IX ACTION. CHAPTER III. OF DEBTS. Debts, by tlie law of England, are divided into different classes, conferring on the creditor different degrees of security for re-payment. The class which confers the highest privileges is that of debts of record, Avhich class will accordingly first claim our attention. Superior courts of record. Debt of record. A debt of record is a debt due by the e\adence of a court of record (a). Every court, by having power given to it to fine and imprison, is thereby made a court of record (b). Such courts are either supreme, superior or inferior. The supreme court is the Parliament. The superior courts of record are the House of Lords, the Court of Chancery, and the Courts of Queen's Bench, Common Pleas and Exchequer, which are the more principal courts. The courts of the Counties Palatine of Lancaster and Durham are also superior courts of record (c). The Court of Bankruptcy and its district courts, and every commissioner thereof, also exercise and enjoy all the powers and privileges of a court of record as fully as the courts of law at West- minster (d). The Court of Probate is also a court of record (e); and so is the High Court of Admiralty (y). Inferior courts The inferior courts of record may be said, generally, to consist of the numerous courts established throughout the country, under the acts for the more easy recovery of record. (a) 2 Black. Com. 4G5. (&) Bac. Abr. tit. Courts (D) 2. (c) IMd. (D) 1. Id) Stat. 12 & 13 Vict. c. 106, s. 6. (c) Stat. 20 & 21 Vict. c. 77, s. 23. (/) Stat. 24 Vict. c. 10, s. 14. OF DEBTS. 97 of small debts and demands in England, now called the County courts. County Com-ts Acts (^). Debts of record do not, however, confer the same Crown debts. advantages on all creditors equally, for there is one cre- ditor whose claims are paramount to all others, namely, the crown. In order to enjoy this priority, the crown debt was formerly required to be a debt of record, or a debt by specialty, that is, secured by deed (A); though if the debt were by simple contract without such secm-ity, it would have had preference over the other simple con- tract creditors of the debtor, and, as some say, even over other creditors by specialty (i). But the distinction Avhich formerly existed betAveen specialty and simple contract debts has been abolished by a recent statute {k), which reduces all specialty debts to the level of debts by simple contract. It seems, therefore, that a simple contract debt to the crown would now prevail over a specialty debt due to a private person. The Hen of the crown on the lands of its debtors by record or specialty, and also on the lands of accountants to the croAATi, is mentioned in the author's Treatise on the Principles of the Law of Real Property (Z). Of all debts which one subject may OAve to another. Judgment that which confers the most important remedy is 2i judg- ment debt, or a debt which is due by IYlq judgment of a court of record. As such a debt is due by the evidence of a com-t of record, it is of course a debt of record. {g) Stats. 9 & 10 Vict. c. 95, s. {It) Williams on Executors, pt. 3; 12 & 13 Vict. c. 101; 13 & 14 3, bk. 2, ch. 2, s. 1. Vict. c. 61; 15 & 16 Vict. c. 54; (?) Bac. Abr. tit. Executors 17 & 18 Vict. c. 16; 19 & 20 Vict. (L) 2. c. 108; 21 & 22 Vict. c. 74; 22 & {k) Stat. 32 & 33 Vict. c. 46. 23 Vict. c. 57; 28 & 29 Vict. c. 99; (0 Page 62, 1st ed. ; 65, 2ud 29 & 30 Vict. c. 14; 30 & 31 Vict. ed.; 70, 3rd & 4th eds.; 76, 5th c. 142; 31 & 32 Vict. c. 71 ; 32 & ed.; 81, 6th ed.; 84, 7th ed.; 85, 33 Vict. c. 51. 8th ed. Vr .P.P. . . H 98 OF CHOSES IN ACTIOX. Cognovit. Sucli a debt may however now be incurred without any actual exercise of judgment on the part of the court. For, strange as it may appear, a judgment against a defendant in an adverse suit, though the most ob\aous, is yet not the most usual method of incmTing a judg- ment debt. Such a debt may be incuiTcd by the volun- tary defaidt of the defendant in making no reply to the action, which is called nihil dicit, or by his failing to insti'uct his attorney, whose statement of that circum- stance is called non sum informatus, or by a cognovit actionem, or more shortly cognovit, by which the de- fendant confesses the action, and sirffers judgment to be Judge's order, at once entered up against him (m). Of late years also it has become very usual for the parties to a suit to obtain by consent a judge's order, authorizing the plaintiff to enter up judgment against the defendant, or to issue exe- cution against him, either at once and unconditionally, or more usually at a future time, conditionally on the non-payment of whatever amount may be agreed on. A judgment obtained on a judge's order for immediate judgment and execution is however the same thing as a judgment by 7iihil dicit, or confession (n). The method formerly the most frequent of iucmi-ing a judgment debt is not however attended with the actual commencement of any adverse action. A warrant of attorney is given by the intended debtor, Avhich consists of an authonty from him to certain attorneys to appear for him in court, and to receive a declaration in an action of debt for the amount of the intended judgment debt, at the suit of the intended creditor, and thereupon to confess the action, or suffer judgment to go by defaidt, and to per- mit judgment to be foi-tli^\ith entered up against the intended debtor for the amount, besides costs of suit. Such a warrant of attorney is generally executed as a "Warrant of attoi-ney. (ot) 3 Black. C!om. 397; Stephen .763; Andrews on Pleading, 120. Eep. 827. (ft) Bell V. Biilgood, 8 C. B. V. Biggs, 4 Ex. or DEBTS. 99 security for a smaller sum of money, usually one-lialf of tlie amount of the judgment debt ; and it is accordingly accompanied by a defeazonce, wliicli must be wiitten on Defeazance, the same paper or parcliment as the warrant of attor- ney, otherwise the warrant will be void (o). This defea- zance, as its name imports, defeats the full operation of the warrant of attorney, by declaring that it is given only as a secui-ity for the smaller sum and interest, and that no execution shall issue on the judgment to be entered up in pm-suance of the warrant of attorney, until defaidt shall have been made in payment of such sum and interest at the time agreed on ; but that, in case of default, execution may be issued (7?). The defeazance also until recently contained an agreement that it should not be necessary for the creditor to issue a ^YY\i of scire facias, or do any other act for reviving Scire facias. the judgment or keeping the same on foot, although no proceedings should have been taken thereupon for the space of one year. Without such a provision, no exe- cution coidd be issued after the expiration of a twelve- month from the date of the judgment, without the expense and trouble of a writ of scire facias, calling on the debtor to inform the court, or show cause, why exe- cution should not be issued (^q). But the Common Law Procedure Act, 1852, now provides that during the lives of the parties to a judgment, or those of them during whose lives execution may at present issue within a year and a day without a scire facias, and within six years from the recovery of the judgment, execution may (fl) Reg. Gen. Hil. 1853, s. 27 ; some exceptious, liable to the same stat. 3 Geo. IV. c. 39, s. 4 ; 32 & duty (one-eighth per cent, on the 33 Vict. c. 62, s. 26. Collateral money secm-ed) as bonds for the securities must be noticed, Morcll like purpose. Stat. 13 & 14 Vict. V. -Dw/wsf, 3 Taunt. 235. c. 97. See^^os^. {j}) Warrants of attorney to con- {q) Stat. Westm. the second, 13 fess judgment for securing any Edw. I. c. 45. sum or sums of money are, with H 2 UK) OF CHOSES IN ACTIOX. "Warrant of attorney to secure an un- nnity. Execution and attestation of warrants of attorney and cognovit. issue without a revival of the judgment (r). A warrant of attorney is also sometimes given for entering up judgment for a sum of money, in order to secure the regidar pa}-ment of an annuity ; in Avhicli case the de- feazance of course expresses that no execution shall be issued until default shall have been made for so many days in some payment of the annuity, but that, in case of such defaidt, execution may be issued from time to time (5). A warrant of attorney need not be under seal (t), though it generally is so. In order to guard against any imposition in procuring debtors to execute war- rants of attorney or cognovits in ignorance of the effect of such instruments, it is provided (u) that a warrant of attorney to confess judgment in any personal action, or cognovit actionem, given by any person, shall not be of any force, unless there is present some attorney of one of the superior courts on behalf of such person, expressly named by him and attending at his request, to inform liim of the natm-e and effect of such warrant or cognovit, before the same is executed ; which at- torney shall subscribe his name as a witness to the due execution thereof, and thereby declare himself to be attorney for the person executmg the same, and state that he subscribes as such attorney. And a wan-ant of attorney or cogno\dt not executed in manner afore- said, shall not be rendered valid by proof that the person executing the same did in fact understand the nature and effect thereof, or was fully informed of the same (x). Every acknowledgment of satisfaction of a (?•) Stat. 15 & 16 Vict. c. 76, s. 2i, re-enacting stat. 1 & 2 Vict. s. 128. (s) See Cuthbert t. Dohhiu, 1 C. B. 278. (f) Kinnerslcy v. Musscn, 5 Taunt. 264. c. 110, s. 9, repealed by stat. 32 & 33 Vict. c. 83. (a;) Stat. 32 & 33 Vict. c. 62, s. 25, re-enacting stat. 1 & 2 Vict. c. 110, s. 10, repealed by stat. 32 & 33 (?0 Stat. 32 & 33 Vict. c. 02, Vict. c. 83 ; Potter v. Mclwlson, OF DEBTS. 101 judgment is also reqinred to be attested in a similar manner (y). Since the acts for registering - writs of execution (z), warrants of attorney have become much less frequent than before. Not only was there a risk of debtors being imposed upon, in being prevailed on to execute warrants of attorney, but creditors also Avere formerly hable to be defrauded by their debtors giving secret warrants of attorney, cognovits, or judge's orders, to some favoured creditors, to the prejudice of the others. In order to Provision for obviate this inconvenience, proAdsion has been made by o/aftomeT'^*^^ modern acts of parliament for the filing, in the office of cognovits, and the Covirt of Queen's Bench, of all warrants of attorney, within tweuty- with the defeazances thereto, and of all cognovits, and of ^^^ ^^y^- all such judge's orders as before mentioned, or of copies thereof, within twenty-one days after their execution, otherwise the same shall be deemed fraudulent and shall be void («). And a list of such warrants of attorney, cognovits and judge's orders (Z*), and also an index containing the names, additions and descriptions of the persons giving the same (c), is directed to be kept by the officer of the Queen's Bench, open to public inspec- tion and search on payment of a small fee. Every judgment debt cames interest at the rate of A judgment Ai . i" ii i* i? i. • debt carries 4:1. per cent, per annum trom the time ot entering up interest the judgment until the same shall be satisfied, and such interest may be IcAded under a "vvrit of execution on such 8 Mce. & Wels. 494; Everard v. {a) Stats. 3 Geo. IV. c. 39, ss. 1, Popplcton, 5 Q. B. 181; Pococli 3; 32 & 33 Vict. c. G2, ss. 26, 27, V. Plclierinf], 18 Q. B. 789. 28. The twenty-one days are (y) Reg. Gen. Hil. 1853, s. 80. reckoned exclusively of the day {z) Stats. 23 & 24 Vict. c. 38; of execution; Williams v. Bui'- 27 & 28 Vict. c. 112. See Trin- ffcss, 12 Adol. & Ell. 635. ciples of the Law of Real Pro- {h) Stat. 3 Geo. IV. c. 39, s. 5. pcrty, p. 79, 6th cd.; 81, 82, 7th (c) Stats. 6 & 7 Vict. c. 66; ul.; 82, 83, 8th ed. 32 & 33 Vict. c. 62, s. 28. 102 OF CHOSES IN ACTIOX. Judgment debts entitled to preference in administra- tion; but must be registered. Remedies of judgment cre- ditors. Imprisonment by writ of ca- pias ad satis- faciendum. judgment (d). On the death of the debtor, his judg- ment debts must be paid in Ml by his executors or administrators out of his personal estate before any of his debts on bond or by simple conti-act(e); but it is now provided that, in order to secure this preference, the judgment must be registered or re-registered within five years before the death of the testator or intestate, in the same manner as is required in order to affect lands in the hands of piu'chasers or mortgagees (_/). The decree of a coui*t of equity is equivalent to the judgment of a coiu-t of law {cf). And the pri\alege of priority of pay- ment extends to the judgments of every com-t of record, whether superior or inferior ; but the judgment of a foreign court is entitled to no precedence over a simple contract debt (h). The remedies of the creditor by jvidgment of any of the superior courts, against the real estate of his debtor, are mentioned in the author's treatise on the Principles of the Law of Real Pro- perty (z). The remedies against the choses in posses- sion of the debtor have been referred to in a previous part of the present work (k). The remedies in resj)ect of the choses in action of the debtor will be hereafter mentioned. In addition to these remedies, such a judg- ment creditor might formerly have imprisoned the per- son of his debtor by means of the widt of capias ad satis- faciendum {I) ; but should he have done so, he would (d) Stat. 1 & 2 Vict. c. 110, s. 17. (e) TVentworth's Executors, 265 et seq. 14th ed.; Williams on Exe- cutors, pt. ui. bk. 2, c. 2, s. 2; Berrington v. Evans, 3 Y. & Col. 38-1. (/) Stat. 23 & 24 Vict. c. 38, ss. 3, 4, not retrospectiye ; Evans V. Williams, 2 Drew. & Smale, 324. See Me Righy, M. R., 12 W. R. 32; Jennings v. Righy, 33 Beav. 198; Principles of the Law of Real Property, p. 75 et seq. 6th ed.; 80 et seq. 7th ed; 81 et seq. 8th ed. {g) Shafto \. Pone, 3 Lev. 355. (A) Duplex T. Be Proven, 2 Vem. 540. See also Smith v. Kicolls, 5 Bmg. N. C. 208. (i) P. 63 et seq. 2nd ed.; 66, 3rd & 4th eds.; 71, 5th ed.; 75, 6th ed.; 78, 7th & 8th eds. {Ti) Ante, p. 51. (J) Bac. Abr. tit. Execution (C)3. OF DEBTS. 103 liave relinquished all right and title to the benefit of any charge or security which he might have obtained by wtue of his judgment (m). If, however, the debt should not have exceeded 201. , the debtor could not have been imprisoned (72) without a previous summons and examination before a commissioner of bankrupt or a judge of a county court, who would have ordered the commitment of the debtor only in case of fraud or other ill behaviour (0) ; and the imprisonment would not then have operated as any satisfaction of the debt (/>). But Abolition of an act has now been passed for the abolition of impri- fo/debt"^^'^ sonment for debt and for the punishment at the same time of fraudulent debtors {g). This act is styled " The The Debtors Debtors Act, 1869," and the 1st of January, 1870, is ^''*' ^^^^' the date of its commencement. It provides, that, with the exceptions after mentioned, no person shall, after the commencement of the act, be arrested or imprisoned for making default in payment of a sum of money. The exceptions are: — (1.) Default in payment of a penalty. Exceptions. or sum in the nature of a penalty, other than a penalty in respect of any contract. (2.) Default in payment of any sum recoverable summarily before a justice or jus- tices of the peace. (3.) Defaidt by a trustee or person acting in a fiduciary capacity and ordered by a court of equity to pay any siun in his possession or imder his control. (4.) Default by an attorney or solicitor in payment of costs when ordered to pay costs for mis- conduct as such, or in payment of a sum of money when ordered to pay the same in his character of an officer of the court making the order. (5.) Default in pay- ment for the benefit of creditors of any portion of a salary or other income in respect of the payment of (m) Bac. Abr. tit. Execution (o) Stat. 8 & 9 Vict. c. 127; 9 (D); Stat. 1 & 2 Vict. c. 110, s. Ifi. & 10 Vict. c. 95, s. 99. (n) Stat. 7 & 8 Vict. c. 90, (j?^) Stat. 8 & 9 Vict. c. 127, s. s. 57. 3; 9 & 10 Vict. c. 95, s. 103. iq) Stat. 32 & 33 Vict. c. 62. 104 OF CHOSES IX ACTIOX, Scotch and Irish judg- ments. wliicli any court lia\dng jiu-isdictiou in banki*uptcy is authorized to make an order. (6.) Defaidt in payment of sums in respect of the payment of which orders are in that act authorized to be made. But no person is to be imprisoned in any case excepted from the operation of that section for a longer period than one year(r). Power is also reserved for any court to commit to prison for a term not exceeding six weeks, or initil pay- ment of the sum due, any person who makes default in payment of any debt, or instalment of any debt, due from him in pursuance of any order or judgment of that or any other competent coiul ; but this power is guarded by many provisions which it is not here neces- sary to recite (s). Arrest on mesne process is also allowed under certain circumstances if the debtor is about to quit England {t). Provision is also made for the punishment of fraudident debtors by imprisonment for any time not exceeding two years vnth or vrithout hard laboru:(z<). An act has recently been passed for rendering judgments obtained in the Supei'ior Coui-ts in England, Scotland and Ireland effectual in any other part of the United Kingdom (y). Removal of judgments of inferior courts. Judgments of the inferior courts may be removed into the superior courts by order of any judge of the latter courts ; and immediately on such removal the judgment has the same force, charge and effect as a judgment of the superior covu't ; but it cannot affect any lands, tene- ments or hereditaments, as to purchasers, mortgagees or creditors, unless registered in the same manner as judg- ments of the superior courts {w). A registry is now (r) Stat. 32 & 33 Vict. c. 02, s. 4. (s) Sect. 5. It) Sect. 6. (w) Sect. 11 et seq. (t)) Stat. 31 & 32 Vict. c. 5L (w) Stat. 1 & 2 Vict. c. 110, s. 22; 18 & 19 Vict. c. 15, s. 7. See Principles of the Law of Real Property, 74, 5th ed.; 78, 6th cd.; 80, 7th ed. ; 81, 8th ed. OF DEBTS. 105 pro'V'ided for judgments in the county courts for the Eegistryof sum of 10/. and upwards {z). county*'cour5. In addition to judgment debts, other debts of record Recognizances 1 HI ni/\ Tj-ii and statutes. are recognizances ^\hQ.n duly enrolled (y), and statutes merchant, statutes staple and recognizances in the nature of statutes staple. The three last are now quite obsolete. A recognizance is an obligation entered into before some court of record or magistrate didy autho- rized, with condition to do some particular act, as to appear at the assizes, to keep the peace, or to pay a debt (r). It is payable out of the personal estate of the debtor, in the event of his decease, next after judg- ment debts (a). Next in importance to debts of record were formerly Specialty specialty debts, or debts secured by sjjecial contract con- ^ ^* tained in a deed (/»). These were of two kinds, debts by sjDCcialty in which the heirs of the debtors were bound, and debts by specialty in which the heu-.s were not boimd. On the decease of the debtor, both these classes of specialty debts stood on a level so far as regarded then* payment out of the personal estate of the debtor. They ranked next after debts of record, and took pre- cedence of aU debts by simple contract (c), with the An-earsof exception of money owing for aiTcars of rent, to which ^^^ ' the feudal principles of our law have given an im- portance equal to that of debts secured by deed (rZ). Debts by specialty in which the heirs were bound had. Precedence of however, a precedence over those in which the heirs jji^dinff the were not bound, in case the real estate of the debtor teii-. (x) Stat. 15 & 16 Vict. c. 54, {h) 2 Bla. Com. 465. ^eaante, s. 18. p. 72. (y) Glynn v. Thorpe, 1 Barn. (c) Pinchon's case, 9 Rep. 88 b. & Aid. 153. («?)Wentwortli's Executors, 284, (c) 2 Bla. Com. 341. 14th edit. ; Clavgh t. French, 2 {a) Williams on Executors, pt. Coll. 277. ill. bk. 2, c. 2, s. 2. 106 OF CHOSES IN ACTION. should have been resorted to on Ms decease (e) ; unless he should have charged liis real estates by his will with the payment of his debts, in which case all the creditors of every kind Avould have been paid out of the produce of such real estates, without any preference (/). An act. Priority of however, has recently passed to abolish the distinction now'abolishe? ^^ ^^ priority of payment which formerly existed between the specialty and simple contract debts of deceased per- sons (y). This act provides that in the administration of the estate of every person who shall die on or after the 1st of January, 1870, no debt or Hability of such person shall be entitled to any priority or preference by reason merely that the same is secured by or arises under a bond, deed or other instrument under seal, or is otherwise made or constituted a specialty debt ; but all the creditors of such person, as well specialty as simple conti-act, shall be treated as standing in equal degree, and be paid accordingly out of the assets of such deceased person, whether such assets are legal or equit- able, any statute or other law to the contrary notwith- standing ; proWded that the act shall not prejudice or affect any lien, charge or other security which any creditor may hold or be entitled to for the payment of his debt. For the sake of the advantage of priority which might have been gained on the decease of the debtor, his heirs were usually bound in every specialty debt. The deed creating the debt was either a deed of cove- Covonant. ncmt or a bond. A covenant ran thus : " And the said (debtor) doth hereby for himself, his heirs, executors (e) See Principles of the Law (/) 2 Jarm. Wills, 523, 2nd of Real Property, CO, 2nd ed.; 63, ed.; 584, 3rd ed. 3rd & 4tli eds.; G8, 5th ed. ; 72, (ff) Stat. 32 & 33 Vict. c. 46. 6th ed.; 77, 7th ed. ; 78, 8th ed.; The public are indebted for this Richardson v. JenUns, 1 Drew. important act to Mr. J. Hiudc 477, 483. Palmer, Q.C. OF DEBTS. 107 and administrators, covenant witli the said {creditor), his executors and administrators," to pay, &c. A bond Bond, was in the following form : " Know all men by these presents, that I {debtor), of {such a jjlace), am held and firmly bound to {creditor), of (such a place), in the penal simi of 1,000/. of laA\^d money of Great Britain, to be paid to the said {creditor), or to his certain attor- ney, executors, administrators or assigns, for which pay- ment to be well and tridy made I bind myself, my heirs, executors and administrators, and every of them, firmly by these presents. Sealed with my seal. Dated this 1st day of January, 1848." In both of the above cases it Avill be observed that the executors and administrators were bound as well as the heirs. This, however, was not absolutely necessaiy, and the covenant or bond woidd have been equally effectual if the hehs only had been named in it (A). A bond in the form above mentioned, without any single bond, addition to it, was called a single bond. Bonds, how- ever, had usually a condition annexed to them, that, on the person bound (called the obhgor) doing some speci- fied act (as paying money when the bond was to secure the payment of money), the bond should be void. The Bond ^ath condition of an ordinary money-bond was as follows : ^^^ ^ ^°^' " The condition of the above-wi-itten bond or obligation is such, that if the above-bounden {debtor), his heirs, executors or administrators, shovdd pay unto the said {creditor), his executors, administrators or assigns, the fuU sum of 500/. {usually half the amount named in the penalty) of lawful money of Great Britain, with interest for the same after the rate of 51. per cent, per annum, upon the day of now next ensuing, without any deduction or abatement whatsoever, then the above- Avritten bond or obhgation shall be void, otherwise the (7i) Co. Litt. 209 a; BarUr v. Fox, 2 Wms. Saund. 136. 108 OF CHOSES IN ACTIOX. same shall remain in full force." Bonds -n-itli conditions of this kind were long in use. In former times, when the condition was forfeited, the whole penalty was recoverable {i). Equity subsequently interfered, and prevented the creditor from enforcing more than the amount of the damage which he had actually sustained. The courts of law at length began to follow the example of the com-ts of eqnity ; and according to a course of proceeding, of which there are many examples in the history of our law, the legislature more tardily adopted the rules Avhich had abeady been acted on in the courts ; and by a statute of the reign of Queen Anne it was pro- vided, that, in case of a bond Adth a condition to be void upon payment of a lesser sum, at a day or place certain, the payment of the lesser sum with interest and costs should be taken in fidl satisfaction of the bond, though such payment were not strictly in accordance with the Creditor could condition (J). But if the arrears of interest should have more *than the accumulated to Such an amount as, together with the penalty. principal, to exceed the penalty of the bond, the creditor coidd claim no more than the penalty either at law (k) Except in spe- or in equity (/). If, however, there were special circum- stances in the creditor's favour, as if he had a mort- gage also for the principal and interest (m), or if the debtor had been delaying him by vexatious proceed- ings (/?), equity would then have aided him to the frdl extent of his demand (o). cial circum- stances. (i) Litt. s. 340. {j) Stat. 4 & 5 Anne, c. 16, ss. 12, 13. See 3 Bur. 1373; 2 Bla. Com. 341; Smit7i v. Bond, 10 Bing. 125; S. C. 3 Moo. & Scott, 528; James v. Thomas, 5 Bam. & Adol. 40. (A-) Wild V. Clarlison, 6 T. R. 303. (Z) Clarle v. Seton, G Ves. 411; Hughes V. Wijnnc, 1 My. & Keen, 20. (ot) Clarlie v. Lord Ahingdon, 17 Ves. 106. (n) Granty. Grant, 3 Sim. 4.30. (o) 6 Ves. 416. By the Stamp. Act, 13 & 14 Vict. c. 97, bonds and covenants for the payment of any definite and certain sum of money are, ■with some exceptions, charged with an ad valorem duty of one-eighth per cent, or half-a- OF DEBTS. 109 Bonds were frequently given, not only for securing the Bonds for per- „ . , 1x1 VI formance of payment of money on a given day, but also with con- agreements. ditions to be void on the performance of many other acts agreed to be done, or on the payment of money by in- stalments. In such cases the law formerly was, that on the breach of any part of the condition, the whole penalty became due ; and judgment and execution might be had thereon, subject only to the control of a coiu't of equity on application to it for relief. But subsequently in such Assi^mment of cases the obligee (or person to whom the bond is made) was required in bringing his action to state or assign the breaches which had been made by the obligor (^j) ; and although judgment was still recovered for the Avhole penalty, execution of such judgment was allowed to issue only for the damages in respect of the breaches actually committed ; and the judgment remained as a fiirther security for the damages to be sustained by any future breach {q). But now, since bonds and covenants have been deprived of all priority in administration, they will gradually become obsolete. crown per hundred pounds on the following table contained in the money secured, according to the act: — s. d. Not exceeding £50 13 Exceeding ioO and not exceeding £100 2 6 100 „ 150 3 9 150 „ 200 5 200 „ 250 6 3 250 „ 300 7 6 And where the same shall exceed £300, then for eveiy £100, and also for any fractional part of £100 2 6 By Stat. 30 & 31 Vict. c. 90, s. 23, transfers of bonds are generally subject to an ad valorem duty of sixpence for every £100 and any fractional part of £100. ( _?;) See the judgment of Parke, s. 8 ; Hardy v. Bern, 5 T. R. 636 ; B.,in 6^;'ey V. i^Har, 15Q. B. 891, WiUoin/hhi/ v. Swinton, 6 East, 910; M7ieelhousev.Ladbrooke,'d 550; 1 Wms. Saund. 57, n. (1); H. & N. 291. Hurstw. Jennings, 5 Bar. & Cress. {q~) Stat. 8 & 9 Will. UI. c. 11, 650 ; S. C. 8 Dow. & Ry. 424. 110 OF CHOSES IN ACTIOX. Simple con- tract debts. Voluntary bonds. Voluntary bonds and covenants. Bills and notes. The last and most numerous, tliougli least important, class of debts in tlie eye of the law are debts by simple contract, which are all debts not secm-edby the e\^dence of a court of record, or by deed or specialty. On the decease of the debtor, these debts were formerly pay- able out of his personal estate, by his executor or ad- ministrator, subsequently to all debts of record or by specialty, except voluntary bonds, Avhich were payable after all simple contract debts, but before any of the legacies (r). But now, as we have seen, all simple con- tract debts Avill be payable pari passu with debts seciu-ed by specialty. Voluntary bonds and covenants under seal will still be probably continued in use, inasmuch as every deed imports a consideration (s), and an action at law may consequently be brought upon a voluntary deed which woidd not lie upon a mere voluntary contract. But in administration voluntary bonds and covenants will still be payable after other debts for valuable con- sideration, whether specialty or simple contract. Debts secured by bills of exchange and promissory notes have no preference over the other simple contract debts of the deceased (t). Defects in the law of debtor and creditor. Thus it will be seen that until recently there were, according to the law of England, five principal kinds of debts, namely, crown debts, judgment debts, specialty debts in which the heirs were bound, specialty debts in which the. heirs were not bound, and simple contract debts. Each of these classes had a law of its o^vn, and remedies of varying degrees of efficacy. According to natural justice one would suppose that all creditors for valuable consideration should have an equal right to be paid ; or if any difference were allowed, that those who could least afford to lose should be preferred to the others. (?•) Lomas v. Wright, 2 My. & Keen, 769 ; Watson v. Parker, 6 Beav. 283. (s) Ante, pp. 87, 88. (f) Yeoman v. Bradshaw, 3 Salk. 1G4. OF DEBTS. 1 1 1 Om* law, liowever, takes precisely tlie opposite coiu-se, and, for reasons wliicli certainly illustrate the history of England, gives to the crown, representing the public in the aggregate, who can best afford to lose, a decided preference over private creditors, whose loss may be their ruin. Again, a debt admitted without dispute gives the creditor far less advantage than a debt which has been contested and decreed to be paid by the judg- i^ ^ ., ment of a court of record. The proper function of a fr:rv_J^£ , coui't of judicature would seem to be the settlement of disputes. In our law, however, the judgment of the court is permitted to be made use of not only to settle contested claims, but also as a better security for money admitted to be due. The reason of this perversion of the proper end of a judgment has been the superior advantages possessed by a creditor having a judgment in his favour. So long, however, as the court exercises its legitimate function of deciding on contested claims, there seems to be no reason why a debt established by the decision of the court should have any preference over one wliich has never been disputed. If this were the case, the use of judgments as mere secimties, by collusion or agreement of the parties, would at once fall to the ground ; and an end would be put to a very " fruitful source of litigation and fraud. Practically there are but two reasons why payment of a debt is withheld, namely, either because the debtor, though able to pay, doubts his liability, or because he is unable to pay, though he knows he is liable. In the first case an action at law decides the question ; but the judgment given by the court in exercise of its proper function is scarcely ever folloAved by the taking out of execution. The debt being established, the debtor pays it, and the judgment is immediately satisfied. The creditor has the advantage of the decision of the coiu't, but he has no occasion for any of those extraordinary remedies to which his position as a judgment creditor entitles him. 112 OF CHOSES IX ACTION. If, lioweyer, the debtor is unable to pay, judgment is obtained merely for the sake of its fruit. The creditor endeavours, by suing out an execution, to obtain an advantage over other creditors, who may not have put themselves and the debtor to the same trouble and expense. But inability to pay one debt is prestmiptive e\ddence of inability to pay others ; and when a man is unable to pay all his creditors in full, it is time that a distribution should be made of his property amongst his creditors rateably. The extraordinary pri\Tleges con- ferred on a judgment creditor seem, therefore, in most cases, practically to end in an undue preference of a pressing creditor over others who have as good a right to be paid. With respect to the three last classes of debts, namely, debts by specialty in which the heirs were bound, those in which the heirs were not bound, and simple couti-act debts, the distinctions between them serve principally to mark the steps of the struggle by which the rights of creditors have at length been ob- tained. The trophies of a victory so hardly won can scarcely be expected to present a very orderly appear- ance. The rights of these creditors accordingly varied with the accident of the death of the debtor, with the proportion which his real estate might have borne to his personalty, and vnih the circumstance of his haAang or not having charged his real estate by his will with the pa}Tneut of his debts ; although, as we shall see, he could bring them all to a level by becoming a bankrupt if he pleased. It was sm-ely time that the law of debtor and creditor shovdd be placed upon some more simple and Much has now reasonable footing. This has now been done to a great been done. extent, SO far as judgments are concerned, by a pro- vision in the Banki-uptcy Act, 1861 (m), by which, as we have seen, the seizm-e and sale of the goods of a trader debtor, on an execution for a sum exceeding fifty 00 Stat. 24 & 25 Vict. c. 134, s. 73. OF DEBTS. 113 pounds, Avas made an act of bankruptcy. And this, though now repealed (^x), has been re-enacted by the Bankruptcy Act, 1869 (y), with respect to sums not less than fifty pounds. The act which has placed specialty and simjole contract creditors on the same footing at the debtor's decease (z) is an important fiir- ther step in the right direction. Further improvements. Suggested im- however, might still be made. There seems no reason P^*^^^"^^" ■^• why claims for dilapidations made by a succeeding in- cumbent against the personal representatives of his pre- decessor should rank subsequently to all other debts instead of rateably with them («), nor why a debt for rent should have priority in payment out of the personal estate of the deceased tenant over his other just debts (b)-, and with regard to Crown debts and judgment debts the author's opinion has already been expressed. The next subject which claims our attention is that Interest on of interest upon debts. The absurd prejudice which ^ ^' anciently caused interest, under the name of usury, to be considered unlawflil, retained some hold upon our law long after the taking of interest was rendered lawful by act of parliament (c). In ordinary cases a debtor was allowed to withhold payment of his debt, without being obliged to give to his creditor the poor recom- pense of interest on the money he was making use of for his own benefit. For until recently it was a general rule of law, that interest was not payable on any debts, whether by specialty or simple contract, unless expressly agreed on, or miless a promise could be implied from the usage of trade or other circumstances, or unless the debt were secured by a bill of exchange or promissory note, which, being mercantile securities, always carried (ar) Stat. 32 & 33 Vict. c. 83. {a) Ante, p. G9. (y) Stat. 32 & 33 Vict. c. 71, (b) Ante, p. 105. s. G, par. (5). (c) Stat. 37 Hen. VIII. c. 9. {x) Stat. 32 & 33 Vict. c. 46. See ante, p. 5. W^P.P. I 114 OF CHOSES IN ACTION. interest (f/). But in equity interest was more frequently allowed (e). And now, by an act of King William the Fourth (y*), interest is recoverable on all debts payable by virtue of any ^vritten instrument, at a certain time, fi'om the time when such debts were payable, or if pay- able otherwise, then from the time when demand of payment shall have been made in writing, so as such demand ffive notice to the debtor that interest wiU be claimed from the date of such demand until the time of payment. Sureties. The payment of a debt is sometimes secured by a surety, who makes himself liable, together wath the prin- cipal debtor, for the payment. If the surety should pay the debt, he will become the creditor of the principal debtor for the amount ; but although the debt paid should have been secured to the original creditor by the bond luider seal of the debtor and his surety, the surety having paid the debt, would until recently have become the simple contract creditor only of the principal debtor ; unless he should have taken the precaution to pro- cure from such debtor a counter-bond for his own in- demnity (^). The surety, however, would have been entitled to the benefit of all collateral securities which the creditor, whom he had repaid, held for the debt ; but he was not to be entitled to the original bond exe- cuted by the debtor, because that was at an end by the very fact of the payment {Ji). In the words of Lord Brougham (z), the court admitted the surety's right, as (e registered. Stamp duty. such trustee were attested by an attorney or solicitor ; and provided that notice were given within one month after the execution thereof by such trader in the London Gazette and two London daily newspapers, if he resided in Loudon or within forty miles of it ; or in the London Gazette, one London daily newspaper, and one provincial newspaper published near to such trader's residence, if he did not reside Avithin forty miles of London, and such notice was required to contain the date and exe- cution of the deed, and the name and place of abode respectively of every such ti'ustee and of such attorney or soHcitor (r). But every such deed was required to be registered, as we have seen, in the Court of Bank- ruptcy (5), and to be stamped, in addition to the ordinary stamp duty, with a stamp denoting a duty computed at the rate of five shillings upon every hundred pounds, or fraction of a hundred pounds, of the sworn or certified value of the estate or effects comprised in or to be collected or distributed under such deed or instrument ; provided, that the maximum of ad valorem duty payable in respect of any such deed or insti-ument should be two hundred pounds (^). But these enactments are now repealed (/<), and no exception is admitted to the rule, that every conveyance of a debtor's property to trustees for his creditors generally is an act of bankruptcy. Arrangements by deed. The Banki-upt Law Consolidation Act, 1849, con- tained provisions by which deeds of arrangement be- tween a trader and his creditors, signed by six-sevenths in number and value of those creditors whose debts amounted to ten pounds and upwards, were binding on all the creditors (:?;). These provisions were repealed (r) Stat. 12 & 13 Vict. c. 106, s. 68, repealing stat. 6 Geo. IV. c. 16, s. 4. (s) Stat. 24 & 25 Vict. c. 134, s. 294, ante, p. 122. (t) Sect. 195. (?0 Stat. 32 & 33 Vict. c. 83. (x) Stat. 12 & 13 Vict. c. 106, s. 224. OF DEBTS. 125 by the Bankruptcy Act, 1861 (y), which substituted foi* them other enactments, which applied to all debtors, whether traders or not. These enactments have been themselves repealed by the Bankruptcy Repeal and In- solvent Court Act, 1869 (z) ; but as some knowledge of their provisions will for some time be practically neces- sary, it may be desirable to state them shortly. Every deed between a debtor and his creditors, relating to his debts or liabilities, and his release therefrom, or the distri- bution, inspection, management and winding-up of his estate, or any of such matters, was rendered binding on all the creditors of such debtor, pro\dded the following conditions Avere observed; that is to say, (1.) A majority in number, representing three-fourths in value of the creditors of such debtor, whose debts respectively amounted to ten pounds and upwards, should, before or after the execution thereof by the debtor, have in writing assented to or approved of such deed or instru- ment. (2.) If a trustee or trustees were appointed by such deed or instrument, such trustee or trustees should have executed the same. (3.) The execution of such deed or instnmient by the debtor should have been attested by an attorney or solicitor. (4.) Within twenty-eight days from the execution of such deed or instrument by the debtor, the same should have been produced and left (having been first duly stamped) at the office of the Chief Registrar, for the purpose of being registered. (5.) Together with such deed or instru- ment there should have been delivered to the Chief Registrar an affidavit by the debtor, or some person able to depose thereto, or a certificate by the trustee or trustees, that a majority in number, representing tln^ee- fourths in value of the creditors of the debtor whose debts amounted to ten pounds or upwards, had in writing assented to or approved of such deed or instrument ; (y) Stat. 24 & 25 Vict. c. 134, (z) Stat. 32 & 33 Vict. c. 83. s. 192. 126 OF CHOSES IN ACTION. and also stating tlie amount in value of the property and credits of the debtor comprised in such deed. (6.) Such deed or instiiiment should, before registra- tion, bear such ordinary and ad valorem stamp duties as were by the act provided («). (7.) Immediately on the execution thereof by the debtor, possession of all the property comprised therein, of which the debtor coidd have given or ordered possession, should have been given to the trustees (Z»). The Banki'uptcy Amendment Act, 1868 (c), re- quired statements to be added, containing particulars (1) of the debts and habilities of the debtor, and (2) of ■ the debtor's property and credits. It also contained other provisions, which it is hardly necessary to state, as this act also has been repealed by the Bankruptcy Repeal and Insolvent Coiu't Act, 1869 {d). The statutory The statutory form of conveyance for the benefit of form of con- creditors, pro^aded by the Bankruptcy Act, 1861, con- veyance aid ' J^ /. T T T 11- Tx £. not release the tained no release of the debtor by his creditors ti-om debtor. ^1^^.^. jg^^g^ ^^^ consequently could not be pleaded by the debtor in bar to an action by a creditor for his debt (e). If, hoAvever, a release by the creditors had been inserted in the deed, or were the necessary effect of its provisions, it was pleadable in bar to an action by a non-assenting creditor (/). All the creditors of the debtor, and not merely those who executed the deed, ought to have been equally benefited by its pro- (a) Stat. 24 & 25 Vict. c. 13-t, s. 195. See ante, p. 124. (5) Sect. 192. (c) Stat. 31 & 32 Vict. c. 104. id) Stat. 32 & 33 Vict. c. 83. (e) Eyre v. Archer, 16 C. B. N. S. 638; Jones v. Morris, Q. B. 11 Jur., N. S. 812; Clarke v. V,'miams, Exch. Cham. 13 W. E. 923; 34 L. J., Ex. 189. (/) Chapman v. Athinson, 4 B. & S. 722; ]niife?iead Y.Porter, 5 B. & S. 193; Garrod \. Simpson, Ex. 11 Jm-., N. S. 227; Wills v. Hacon, 5 B. & S. 196; Ben-hirst V. Jofies, 3 II. & C. GO. OF DEBTS. ] 27 visions {g) ; and the deed must not have contained any unreasonable stijDidation, by Avhich the non-assenting creditors might have been prejudiced i^h). It was un- Unreasonable reasonable if the executing creditors were paid down a stipulations. comj)osition, which the non-assenting creditors had only a covenant to pay {i) ; or even if the executing creditors had the benefit of a covenant, of which the non-assentins" creditors could not avail themselves (A). But it was Reasonable held not unreasonable to empower the trustees of the stipulations, deed to require persons claiming to be creditors to verify their debts or claims by statutory declaration proved before the commissioners of bankruptcy, or otherwise as the trustees might think fit (/). Nor w^as it unrea- sonable to give the trustees a discretion as to the sale and management of the estate, or power to sell to the debtor himself (?w), or a discretion as to the amount and manner of payment of dividends, or as to the enforcement of payment of debts. And the value of securities held by creditors might reasonably have been ascertained by valuers, or an umpire appointed in the usual way(7?). Again, a covenant in a composition deed not to sue the debtor for a limited time was not (<7) Walter v. Adcoch, 7 H. & Potts, Exch. Cham. 12 W. R. 440. "N. 54:1; -Ex jmrte Godden,!,. J., (i) Ux parte Cochhurn, Re 32 L. J., Bank. 37; Deivhirst v. Smitli, uhi svp. AersJiaw, 1 H. &, C. 726; llderton (k) Benham v. Broadhurst ; V. Castriqiie, 14 C. B., N. S. 99; Chesterfield and Midland Silh- Ex 'parte CocMmrn, lie Smith, stone ColUei'y Comjmny , Limited , L. C, 12 W. R., 184, 673; 10 Jur., v. Hawkins, iibi sup. And see N. S. 573; Benham v. Broadhurst, Gresty v. GUson, 1 Law Rep., Ex. 3 H. & C. 472; Chesterfield and 112; Reeves v. Watts, Q. B. 12 3Udland Silkstone Colliery Com- Jur., N. S. 565. pany, Limited, v. Hawkins, 3 H. {I) Coles t. Turner, Exch. & C. 677. Cham. 1 Law Rep., C. P. 373. ill) Woods y.Foote, 1 H. & C. (m) Greenherg v. Ward, C. P. 841; Inglehach v. mdiolls, 14 12 Jur., N. S. 524; 1 Law Rep., C. B., N. S. 85 ; Killby v. Wright, C. P. 585. 18 C. B., N. S. 272; Nicholson v. («) Coles v. Turner, uhi sup. 128 OF CHOSES IN ACTIOX. unreasonable (o) ; nor was a power to revoke a letter of licence given to tlie debtor (;j). In estimating the requisite majority, secured as well as unsecured creditors were requii*ed to be taken into account {q). But this was altered by the Bankruptcy Amendment Act, 1868 (/•), wliich required that the amount diie to each secured creditor, after deducting the value of his se- curities on the debtor's property, shoidd alone be reckoned. And the deed of composition was not re- quired to provide for the distribution of the whole of the debtor's estate amongst his creditors (5) as was re- quired by the corresponding section of the Act of 1849(0- Regulations as The Bankruptcy Act, 1869, now contains the follow- to composition :^ provisions with respect to composition ^\\\\\ cre- by creditors. i^ i. i -i ditors (m) : — " The creditors of a debtor unable to pay liis debts may, without any proceedings in bankruptcy, by an extraordinary resolution, resolve that a composition shall be accepted in satisfaction of the debts due to them from the debtor. An extraordinary resolution of creditors shall be a resolution which has been passed by a majority in number and three-fourths in value of the cre- ditors of the debtor, assembled at a general meeting to be held in the manner prescribed, of which notice has been (d) Hidson v. Barclay, 3 H. & C. 361; WaUer v. Kevill, 3 H. & C. 403. {p) Walker v. Nevill, nbi snp. (q) King v. Rendall, 14 C. B., N. S. 721; Ex parte Godden, 1 De Gex, J. & S. 260; Turqitand V. 3I0SS, 17 C. B., N. S. 15. {r) Stat. 31 & 32 Vict. c. 104, s. 3. (s) lie Raivlings, L. J., 1 De Gex, J. & S. 225; 9 Jnr., N. S. 316; Ex parte Morgan, L. C, 9 Jur., N. S. 559; 1 De Gex, J. & S. 283; Clapliam v. Atkinson, 4 B. & S. 722. {t) Tetleyr. Taylor, 1 E. &B. 521; Breio v. Collins, 6 Ex. Rep. 670; March v. Warwick, 1 H. & N. 158; Macnaught v. Russell, 1 H. & N. 611 ; Irving v. Gray, 3 H. & N. 34 ; Bloomer \. Barkes, 2 C. B., N. S. 165; Crvger v. Bunlop, 7 H. & N. 525. (w) Stat. 32 & 33 Vict. c. 71, s. 126. OF DEBTS. 129 given in tlie prescribed manner, and has been confirmed by a majority in number and value of the creditors assembled at a subsequent general meeting, of which notice has been given in the prescribed manner, and held at an interval of not less than seven days nor more than fom',teen days fi-om the date of the meeting at which such resolution was first passed. In calculating a majority for the purposes of a composition under this section, creditors whose debts amount to sums not exceeding ten pounds shall be reckoned in the majority in value, but not in the majority in number ; and the value of the debts of secured creditors shall, as nearly as circumstances admit, be estimated in the same way, and the same description of creditors shall be entitled to vote at such general meetings, as in bankruptcy. The debtor, unless prevented by sickness or other cause satisfactory to such meetings, shall be present at both the meetings at which the extraordinary resolution is passed, and shall answer any inquiries made of him, and he, or if he is so prevented from being at such meetings some one on his behalf, shall produce to the meetings a statement shoAving the whole of his assets and debts, and the names and addresses of the creditors to whom such debts respectively are due. The extraordinary resolu- tion, together with the statement of the debtor as to his assets and debts, shall be presented to the registrar, and it shall be his duty to inquire whether such resolution has been passed in manner du*ected by this section, and if satisfied that it has been so passed he shall forthwith register the resolution and statement of assets and debts, but until such registration has taken place such resolu- tion shall be of no validity; and any creditor of the debtor may inspect such statement at prescribed times, and on payment of such fee, if any, as may be prescribed. The creditors may, by an extraordinary resolution, add to or vary the provisions of any composition previously W.P.P. K 130 OF CIIOSES IN ACTIOX. accepted by them, without prejudice to any persons taking interests under such provisions who do not assent to such addition or variation; and any such extraordinary resohition shall be presented to the regis- trar in the same manner and with the same consequences as the extraordinary resolution by which the composition was accepted in the first instance. The provisions of a composition accepted by an extraordinary resolution in pursuance of this section shall be binding on all the creditors whose names and addresses, and the amount of the debts due to whom, are shown in the statement of the debtor, produced to the meetings at which the resolution has passed, but shall not affect or prejudice the rights of any other creditors. Where a debt arises on a bill of exchange or promissory note, if the debtor is ignorant of the holder of any such bill of exchange or promissory note, he shall be required to state the amount of such bill or note, the date on which it falls due, the name of the acceptor or person to whom it is payable, and any other particulars witliin his knowledge respect- ing the same, and the insertion of such particulars shall be deemed a sufficient description of the creditor of the debtor in respect of such debt, and any mistake made inadvertently by a debtor in the statement of his debts may be corrected after the prescribed notice has been given, with the consent of a general meeting of his creditors. The provisions of any composition made in pursuance of this section may be enforced by the court on a motion made in a summary manner by any person interested, and any disobedience of the order of the court made on such motion shall be deemed to be a contempt of coiu-t. Kides of court may be made in relation to proceedings on the occasion of the acceptance of a composition by an extraordinary resolution of cre- ditors, in the same manner and to the same extent and of the same authority as in respect of proceedings in OF DEBTS. 131 bankrviptcy. If it appear to the court on satisfactoiy e\ddence that a composition under this section cannot, in consequence of legal difficulties, or for any sufficient cause, proceed Avitliout injustice or undue delay to the creditors or to the debtor, the com't may adjudge the debtor a bankrupt, and proceedings may be had ac- cordingly." K 2 J 32 OF CHOSES IN ACTION. CHAPTER IV. OF BAISTKRUPTCY OF TRADERS. Under some circmnstances a debtor is discharged by- law from his debt without any actual payment, or with- out payment of more than a part of it. This occurs in the case of bankruptcy. The whole of the law of bankruptcy now depends on the Bankruptcy Act, 1869 (a), to make way for which all the previous bankruptcy acts have been repealed (b). The former acts were the Bankruptcy Act, 1861 (c), under wliich persons not in trade were for the first time liable to become bankrupt, and the Banki-uptcy Act of 1849 {d), by which all the previous acts were repealed. Of these the most important was the statute of 6 Geo. IV. c. 16, "An Act to amend the Laws relating to Bankrupts," which had been amended and altered by various others (e), the provisions of which, with some alterations, were consolidated in the Act of 1849. Who are Traders were defined by the Act of 1 849 to be, aU alum traders. makers, apothecaries, auctioneers, bankers, bleachers, brokers, brickmakers, builders, calenderers, carpenters, curriers, cattle or sheep salesmen, coach proprietors, cow keepers, dyers, fi^illers, keepers of inns, taverns, hotels or coffee houses, lime burners, livery stable keepers, market («) Stat. 32 & 33 Vict. c. 71. 4 Will. 4, c. 47; 1 & 2 Vict. {?>) By Stat. 32 & 33 Vict. c.llO; 2 Vict. e. 11; 2 & 3 Vict. c. 83. c. 29; 5 & G Vict. c. 122; 7 & 8 (c) Stat. 24 & 25 Vict. c. 134. Vict. c. 9G; 8 & 9 Vict. c. 48; (d) Stat. 12 & 13 Vict. c. 106. 10 & 11 Vict. c. 102; 11 & 12 (e) 1 & 2 Will. IV. c. 50; 3 & Vict. c. 8G. OF BANKRUPTCY OF TPwiDEllS. 133 gardeners, millers, packers, printers, shipowners, sliip- wi-iglits, victuallers, warehousemen, wharfingers, scri- veners receiving other men's monies or estates into their trust or custody, persons insuring against perils of the sea, and all persons using the trade of merchandise by way of bargaining, exchange, bartering, commission, consignment, or otherwise in gross or by retail, and all persons who either for themselves, or as agents or factors for others, seek their living by buying or selling, or by buying and letting for hire, or by the workmanship of goods or commodities. But no farmer, grazier, common labourer, or workman for hire, receiver-general of the taxes, or member of or subscriber to any incorporated commercial or trading companies estabhshed by charter or act of parliament, was to be deemed as such a trader liable to become bankrupt (/). And this enumeration has been repeated in the Bankruptcy Act, 1869, with the addition of sharebrokers, stockbrokers and stock- jobbers {f/). An attorney or solicitor, as such, is not a Attorney or trader Avithin the bankrupt law; but if he is in the habit UabTe'as^uch. of receiving his clients' money into his own hands and investing it for them, and charging a compensation for so doing, in addition to his charges for other professional business, he will be liable to become bankrupt as a scri- vener receiving other men's monies into his trust (A). An alien or denizen is within the bankrupt law ; and Alien or deni- so is a married woman carrying on trade for her separate ^^^' . Married use by the custom of London (z), or whilst her husband woman, is undergoing sentence of transportation (k). But an Infant. infant under the age of twenty-one years cannot be a bankrupt, because by the law of England he cannot be (/) Stat. 12 & 13 Vict. c. 106, also Wilkinsons. CandUsh, 5 Ex. s. G6. Rep. 91, 97; Ex parte Dufaur, 2 iff) Stat. 32 & 33 Vict. c. 71, De Gex, M. & G. 246. Schedule 1. (i) -E'.c ^;a?fe Carrington, 1 (7i) Malkin v. Adams, 2 Rose, Atk. 206. 2B; JbJa; parte BathfMont. 82,84, {k) Ex parte Franlts, 7 Bing. where the cases are collected. See 7<;'>2 ; 1 M. & Scott, 1. 134 OF CHOSES IN ACTIOX. Act of bank- ruptcy. Lying in prison. Escape. made liable on contracts entered into bj him in tlie course of trade (/). A person witliin the bankiiipt laws becomes bankrupt by committing an act of bankruptcy . The following acts, if done with intent to defeat or delay the creditors of a trader, were acts of bankruptcy T\4thin the Act of 1849, namely, if any such trader should depart this realm, or being out of this realm should remain abroad, or depart fi-om his dweUing-house, or othenvise absent himself, or begin to keep his house, or suffer himself to be arrested or taken in execution for any debt not due, or yield himself to prison, or suifer himself to be out- lawed, or procure himself to be arrested or taken in exe- cution, or his goods, monies or chattels to be attached, sequestered or taken in execution, or make or cause to be made, either within this realm or elsewhere, any fraudident grant or conveyance of any of his lands, tenements, goods or chattels, or make or cause to be made any fraudident surrender of any of his copyhold lands or tenements, or make or cause to be made any fraudulent gift, delivery or transfer of any of his goods or chattels (?n). It was also an act of bank- ruptcy for a trader to lie in piison for debt for fourteen days, or, having been committed or detained for debt, to escape out of prison or custody. But the Bank- ruptcy Act, 1861, pro\'ided that no debtor should be adjudged bankrupt on the ground of having lain in prison as aforesaid, unless, having been summoned, he should not offer such securit}^ for the debt in respect of which he was imprisoned or detained as the commissioner or registrar, whose duty it Avoidd othen\ase be to adjudi- {V) Bclton T. Hodges, 9 Bing. 365, 370. (?ft) Stat. 12 & 13 Vict. c. 106, s. 67; Ex parte Bland, 6 De Gex, M. & G. 757; Johnson v. Fesenmeyer, 25 Bear. 88; 3 De Gex & Jones, 13; Pennell v. Reynolds, 11 C. B., N. S. 709; Ex parte Wensley, 1 De Gex, J. & S. 273; Toj}pinfj v. Key sell, 16 C. B.,N. S. 258; Youngy. Fletcher, 3 H. & Colt. 732. OF BANKRUPTCY OF TRADERS. 135 cate, slioiild deem reasonably sufficient (??). Tlie act for the abolition of imprisonment for debt (o) has now rendered this provision unnecessary. And the Bank- ruptcy Act, 1 8 6 9 ( /?), has siunmed up the above-mentioned acts of bankruptcy in the following terms : — (1.) That the debtor has, in England or elsewhere, made a conveyance or assignment of his pro- perty to a trustee or trustees for the benefit of his creditors generally : (2.) That the debtor has, in England or elsewhere, made a fraudulent conveyance, gift, delivery, or ti'ansfer of his property or of any part thereof: (3.) That the debtor has, mth intent to defeat or delay his creditors, done any of the following things, namely, departed out of England, or being out of England remained out of England ; or being a trader departed from his dwelling- house, or otherwise absented himself; or begun to keep house ; or suffered himself to be out- lawed. Most of the above acts of bankruptcy have been such ever since a banki-upt was first defined by the statute of EHzabeth " touching orders for bankrupts " (q). Bank- * ruptcy was then considered as a crime, and the bank- rupt was called " an offender " (?■). But in modem times bankruptcy has been looked upon as the proper remedy for a trader in embarrassed circmnstances. He gives up all his property to his creditors, to be divided rateably amongst them ; and, if his behaviour has been free from serious blame, he obtains a discharge from past liabilities. Accordingly by the Bankruptcy Act, 1861, declaration of insolvency. (k.) Stat. 24 & 25 Vict. c. 134, s. 6. s. 71. («7) Stat. 13Eliz. c. 7. (o) Stat. 32 & 33 Vict. c. 62. (r) Stat. 13 Eliz. c. 7, s. 10; 2 (iO Stat. 32 & 33 Vict. c. 71, Black. Com. 471. 136 OF CHOSES IN ACTION. Seizure and sale of goods under an exe- cution. Insolvency in the colonies. Judgment debtor sum- mons. a person was enabled to commit an act of bankruptcy hy making a formal declaration of his inability to meet liis engagements (s). So the seiziu-e and sale of the goods of a trader under an execution upon any judg- ment in a personal action for the recovery of any debt or money demand exceeding fifty pounds was an act of banla-uptcy (t). The filing of a petition by or against a debtor in any court having jvmsdiction for the relief of insolvent debtors in insolvency or bankruptcy in any of Her Majesty's dominions, colonies, or dependencies, and the adjudication of an act of insolvency or bankruptcy on such petition, was also evidence of an act of bank- ruptcy (m). An act of bankruptcy might also have been committed by non-payment after what was called a judgment delator summons. Every judgment creditor who was entitled to sue out a writ of capias ad satis- faciendum (x) against the debtor in respect of any debt amounting to 50/., exclusive of costs, might at the end of one week from the signing of judgment have sued out against any trader, whether he were in custody or not, a summons, called a judgment debtor summons, requiring him to appear, and to be examined respect- ing his ability to pay the debt(?/). In like manner, where any decree or order of a court of equity, or order in bankruptcy, insolvency, or lunacy, du-ecting the payment of money, had been disobeyed by the debtor, after ha\ing been duly served on liim, and the person entitled to the money, or interested in enforcing pay- ment of it, had obtained a peremptory order fixing a day for payment, and the debtor, being a trader, should not v^itliin seven days after service on liim of the pe- remptory order, or within seven days after the day fixed by the peremptory order for payment (which (s) Stat. 24 & 25 Vict. c. 134, s. 72. (t) Sect. 73. (//) Sect. 75. (x) See ante, p. 102. (y) Stat. 24 & 25 Vict. c. 134, s. 76. OF BANKRUPTCY OF TRADERS. 137 should last have happened), have paid the money, or seciu-ed, or tendered, or compounded for it, to the satis- faction of the creditor, the creditor might at the end of those seven days have sued out against the debtor a judgment debtor summons (s'). And if after service of such summons the debtor should not have paid the debt and costs, or secured or compounded for the same to the satisfaction of the creditor, the court might, on the appearance of the debtor, or if he should not have appeared having no lawful impediment allowed by the court, have adjudged him bankrupt (a). The Act of ^iliiig affidavit 1849 contained a flirther provision, that on a proper affidavit of debt being made by any creditor, stating, amongst other things, the delivery to the trader per- sonally, or to some adult inmate at his usual or last known place of abode or business, of Avritten particulars of his demand, with notice requiring immediate pay- ment, such trader might be summoned to appear before the bankrupt court either to admit the demand, or to swear that he verily believed that he had a good defence to such demand or to some part of it. And in such case the court was empowered to require the trader to enter into a bond with two sureties to pay such sum as shoidd be recovered, together with such costs as shoidd be given in any action which should have been or shoidd be brought for the recovery of such demand or any part thereof {b). And if he admitted the demand, and did Admission of not satisfy the creditor within seven days next after the ^^^^ ^^'l ^'^^' filing of such admission, he committed an act of bank- ruptcy on the eighth day after the filing of such admis- sion, provided a petition for adjudication of banlcruptcy were filed against him within two calendar months from the filing of the creditor's affidavit (c). There Avere other attendant provisions which it is now unnecessary (z) Stat. 24 & 25 Vict. c. 134, (?>) Stat. 12 & 13 Vict. c. 10(5, s, 77. ss, 78, 79. (a) Sect. 83. (c) Sect. 81. 138 OF CHOSES IN ACTIOX. to state, as the only other acts of bankruptcy beyond the three above referred to (fZ) are stated by the Bankruptcy Act, 1869 {e), in the following terms : — (4.) That the debtor has filed in the prescribed manner in the court a declaration admitting: his inability to pay his debts : (5.) That execution issued against the debtor on any legal process for the purpose of obtaining payment of not less than fifty pounds has in the case of a trader been leaded by seizure and sale of his goods : (6.) That the creditor presenting the petition has served in the prescribed manner on the debtor a debtor's summons requuing the debtor to pay a sum due, of an amount of not less than fifty pounds, and the debtor being a trader has for the space of seven days, or not being a trader has for the space of three weeks, suc- ceeding the ser^ace of such smnmons, neglected to pay such stun, or to secure or compoimd for the same. But no person shall be adjudged a bankrupt on any of the above grounds unless the act of bankruptcy on which the adjudication is grounded has occuiTed within six months before the presentation of the petition for adjudication; moreover, the debt of the petitioning creditor must be a liquidated sum due at law or in eqiuty, and must not be a seciu^ed debt, unless the peti- Secnred tioner state in his petition that he will be ready to give creditor. ^^p ^^^ch security for the benefit of the creditors in the event of the debtor being adjudicated a bankrupt, or unless the petitioner is willing to give an estimate of the value of his seciu'ity, in which latter case he may be admitted as a petitioning creditor to the extent of the balance of the debt due to him after deducting the {d) Ante, p. 135. (e) Stat. 32 & 33 Vict. c. 71, s. 6. or BANKRUPTCY OF TRADERS. 139 value so estimated, but he shall, on an application being made by the trustee within the prescribed time after the date of adjudication, give up his security to such trustee for the benefit of the creditors upon payment of such estimated value. When an act of bankruptcy has been committed, any Petition for single creditor, or two or more creditors if the debt due ^djuf^ication . in bankruptcy. to such single creditor, or the aggregate amount of debts due to such several creditors, from any debtor, amount to a sum of not less than fifty pounds, may present a petition to the court, praying that the debtor be adjudged a bankrupt, and alleging as the ground for such adjudication any one or more of the above-mentioned acts or defaidts, included under the expression " acts of bankruptcy " (/). The truth of the petition is sworn to by the petitioning creditor (^); and at the hearing the court shall require proof of the debt of the petitioning creditor, and of the trading, if necessary, and of the act of bankruptcy, and if satisfied with such proof shall adjudge the debtor to be a bankrupt (h). Formerly a commission of bankruptcy under the Commission of great seal issued in every case, whereby certain persons ^^'^"Ptcy- were appointed commissioners for the purpose of di- recting that particular bankruptcy (z). Subsequently a Court of Bankruptcy was erected in London, and cer- Court of tain fixed commissioners appointed, by any one of whom ^^^i^^i'^ptcj. the duties of a commissioner were to be performed in all cases of bankruptcies in London (k). The creditor Fiat in bank- presented a formal petition to the Lord Chancellor, ^^^l^^^y- whereupon a fiat in banki-uptcy issued, w^hereby the (/) Stat. 32 & 33 Vict. c. 71, (7i) Stat. 32 & 33 Vict. c. 71, s, 6; ante, pp. 135, 138. s. 8. (ff) Stat. 32 & 33 Vict. c. 71, (i) Stat. 13 Eliz. c. 7, s. 2; s. 80, par. (1), 6 Geo. IV. c. 16, s. 12. Ck) Stat. 1 & 2 Will. IV. c. 56. 140 OP CIIOSES IN ACTION. creditor was authorized to prosecute his complaint against the trader in the Court of Bankruptcy, or before one of the commissioners of that court (/). And more recently fixed commissioners were appointed throughout the country, each of whom had a separate district, and formed a court of record (m). But by the Bankruptcy Act, 1861, jurisdiction in bankruptcy was vested in the judges of the County Courts, except those of the metropolis (n). And provision was made for the re- duction of the number of the London commissioners to three (o). And her Majesty was empowered, upon any vacancy in the office of country commissioner, to transfer, by order in Council, the jurisdiction of such commis- sioner to any of the judges of the County Com-ts mthin the district (p). But the Bankruptcy Act, 1869, has now abolished all the London commissioners and also all the country district com-ts, and has pro\aded for the appointment of a chief judge in the London Bankruptcy Court, and for the transfer of all the country business to the County Courts {q) ; subject to powers reserved to the Lord Chancellor to exclude any of them from juris- diction in bankruptcy (r). The adjudi- cation. Advertise- ment of order of adjudica- tion. The fiat was abohshed by the Act of 1849 ; and the debt, the trading, and the act of bankruptcy having been proved, the trader is adjudged a bankrupt by the coiu-t to which the petition is presented {s). And the Bankruptcy Act, 1869, provides that a copy of an order of the court adjudging the debtor to be bankrupt shall be published in the London Gazette, and be advertised locally in such manner (if any) as may be (0 Stat. 1 & 2 Will. IV. c. 5G, s. 12. im) Stats. 5 & G Vict. c. 122, s. 59 et seq.; 12 & 13 Vict. c. 106, ss. 6—11. («) Stat. 24 & 25 Vit. c. 134, s. 3. (o) Sect. 2. {l>) Sect. 4. {q) Stat. 32 & 33 Vict. c. 71, ss. 59, 60, 128, 130. (?•) Sect. 79. (.*) Sect. 8. OF BANKRUPTCY OF TRADERS. 141 prescribed, and the date of such order shall be the date of the adjudication for the purposes of the act, and the production of a copy of the Gazette containing such order as aforesaid shall be conclusive evidence in all legal proceedings of the debtor having been duly ad- judged a bankrupt and of the date of the adjudication (^). Previously to the Bankruptcy Act, 1869, the estate Assignees. of the bankrupt vested in his assignees. These were in modern times of two kinds ; official assignees and creditors' assignees. The official assignees were officers Official as- of the Bankruptcy Court, one of whom was aj^pointed ^^S^iee. by the com-t to act for every bankruptcy. His duty formerly Avas to receive all the personal estate and effiscts, and the rents and profits of the real estate, and the proceeds of the sale of the estate and effects, real and personal, of the bankrupt ; and after the appoint- ment of the creditors' assignees, he continued to be an assignee jointly with them. But the Bankruptcy Act, 1861, provided that, at the appointment of the creditors' assignee, all the estate, both real and personal, of the bankrupt shoidd be devested out of the official assignee and vested in the creditors' assignee (m). The manage- ment of the estate was then vested in the creditors' Creditors' assignee ; except as to debts due to the estate not ex- ^^^'S^ee. ceeding £10, as to which the official assignee was to be deemed the sole assignee of the estate, notwithstanding the appointment of a creditors' assignee {x). But the Bankruptcy Act, 1869, has abolished the official as- signees, and has substituted for the creditors' assignees a trustee to be appointed at a general meeting of the Trustee, creditors. And the act provides (?/) that the creditors (0 Sect. 10. («) Stat. 24 & 25 Vict. c. 134, ill) Stat. 24 & 25 Vict. c. 134, s. 128. s. 117. (y) Stat. 32 & 33 Vict. c. 71, s. 14, 142 OF CHOSES IN ACTION. Trustee. Committee of inspection. assembled at such meeting shall and may do as follows : — ( 1 . ) They shall, by resolution, appoint some fit person, Avhether a creditor or not, to fill the office of trustee of the property of the bankrupt, at such remuneration as they may fi'om time to time determine, if any; or they may resolve to leave liis appointment to the committee of inspection thereinafter mentioned : (2.) They shall, when they appoint a trustee, by resolution declare what security is to be given, and to whom, by the person so appointed, before he enters on the office of trustee : (3.) They shall, by resolution, appoint some other fit persons, not exceeding five in nimiber, and being creditors qualified to vote at such first meeting of creditors as is in the act mentioned, or authorized in the prescribed form by cre- ditors so qualified to vote, to form a committee of inspection for the purpose of superintending the administration by the trustee of the bank- rupt's property : (4.) They may, by resolution, give directions as to the manner in which the property is to be administered by the trustee, and it shall be the duty of the trustee to conform to such directions, unless the court for some just cause otherwise orders. Power of trustee to deal with property. Subject to the pro^dsions of the act, the trustee has poAver to do the following things : — (1.) To receite and decide upon proof of debts in the prescribed manner, and for such piu-pose to administer oaths : (2.) To cany on the business of the bankrupt so far OF BANKRUPTCY OF TRADERS. 143 as may be necessary for the beneficial winding- up of the same : (3.) To bring or defend any action, suit, or other legal proceeding relating to the property of the bankrupt : (4.) To deal with any property to which the bankrupt is beneficially entitled as tenant in tail in the same manner as the bankrupt might have dealt with the same ; and the sections fifty-six to seventy-three (both inclusive) of the act of the session of the thii'd and fourth years of the reign of King WiUiam the Fourth (chapter seventy-fom^), "for the abolition of fines and recoveries, and for the substitution of more simple modes of assiu-ance," shall extend and apply to proceedings in bankruptcy under the act as if those sections were re-enacted and made applicable in terms to such pro- ceedings : (5.) To exercise any powers the capacity to exercise which is vested in him under the act, and to execute aU powers of attorney, deeds, and other instruments expedient or necessary for the puipose of carrying into effect the pro- visions of the act : (6.) To sell all the property of the bankrupt (including the goodwill of the business, if any, and the book debts due or growing due to the bankrupt) by public auction or private contract, with power, if he thinks fit, to ti'ansfer the whole thereof to any person or company, or to sell the same in parcels : (7.) To give receipts for any money received by him, which receipt shall effectually discharge the person paying such monies fi^-om all responsi- bility in respect of the apphcation thereof: (8.) To prove, rank, claim, and draw a di\ddend in 144 OF CHOSES IN ACTION. the matter of the banla-uptcy or sequestration of any debtor of the bankrupt {z). Tower to allow The trustee may appoint the bankrupt himself to Iluuulge'pro- Superintend the management of the property or of any perty. part thereof, or to carry on the trade of the bankrupt (if any) for the benefit of the creditors, and in any other respect to aid in administering the property in such manner and on such terms as the creditors direct (a). Powers of The trustee may, with the sanction of the committee sfuicdon^f of inspection, do all or any of the folloAving things: — committee. (1.) Mortgage or pledge any part of the property of the bankrupt for the purpose of raising money for the payment of his debts : (2.) Refer any dispute to arbitration, compromise all debts, claims, and liabilities, whether present or flitui*e, certain or contingent, liquidated or unliquidated, subsisting or supposed to subsist between the bankrupt and any debtor or per- son who may have incurred any liability to the bankrupt, upon the receipt of such sums, payable at such times, and generally upon such terms as may be agreed upon : (3.) Make such compromise or other arrangement as may be thought expedient with creditors, or persons claiming to be creditors, in respect of any debts provable under the bankruptcy : (4.) Make such compromise or other arrangement as may be thought expedient with respect to any claim arising out of or incidental to the pro- perty of the bankrupt, made or capable of being made on the trustee by any person or by the trustee on any person : (r) Stat. 32 & 33 Vict. c. 71, (a) Sect. 2G, B. 25. OF BANKRUPTCY Or TRADEKS. 145 (5.) Divide in its existing form amongst the cre- ditors, according to its estimated value, any property which from its peculiar natm-e or other special circumstances cannot advan- tageously be realized by sale. The sanction given for the purposes of this section may be a general permission to do all or any of the above-mentioned things, or a permission to do all or any of them in any specified case or cases (i). The trustee may, with the sanction of a special reso- Power of lution of the creditors assembled at any meeting, of accept com- which notice has been given specifying the object of such position or meeting, accept any composition offered by the bank- of an-ange- rupt, or assent to any general scheme of settlement of '"^'^*- the affairs of the bankrupt, upon such terms as may be thought expedient, and with or without a condition that the order of adjudication is to be annuUed, subject nevertheless to the approval of the court, to be testified by the judge of the court signing the instrument con- taining the terms of such composition or scheme, or embodying such terms in an order of the court (c). A trustee shall not, without the consent of the com- Trustee, if a mittee of inspection, employ a sohcitor or other agent, bepai°HoT^ but where the trastee is himself a solicitor he may con- services. tract to be paid a certain sum by way of per-centage or otherwise as a remuneration for his services as trustee, including all professional services, and any such contract shall, notwithstanding any law to the contrary, be laAvfid (d). Where the goods of any trader have been taken in Proceeds of „ . T , ^ -I . sale and sei- execution m respect of a judgment tor a sum exceeding ^uie of goods. ih) Stat. 32 & 33 Vict. c. 71, (c) Sect. 28. s. 27. {d) Sect. 29. w'.p.r. L 146 OF CIIOSES IN ACTION. fifty pounds and sold, the sheriff, or in the case of a sale under the direction of the county court, the high bailiff or other officer of the county court, shall retain the proceeds of such sale in his hands for a period of four- teen days ; and vipon notice being served on him within that period of a bankruptcy petition having been pre- sented against such trader, shall hold the proceeds of such sale, after deducting expenses, on trust to pay the same to the tmstee ; but if no notice of such petition having been presented be served on him within such period of fourteen days, or if, such notice having been served, the trader against whom the petition has been presented is not adjudged a bankrupt on such petition, or on any other petition of which the sheriff, high bailiff or other officer has notice, he may deal with the proceeds of such sale in the same manner as he would have done had no notice of the presentation of a bankruptcy peti- tion been served on him (e). Proof of debts. As the bankrupt was discharged from such claims only as had been or might have been proved under the bankruptcy, elaborate provisions were made by the former acts for the proof of as many demands as possible. As these provisions have now been repealed, it is unneces- sary to state them. The present act provides as follows : Description of — " Demands in the nature of unliquidated damages debts now arising; otherwise than by reason of a contract or promise provable in *= •' '■ bankruptcy. shall not be provable in bankruptcy; and no person having notice of any act of bankruptcy available for adjudication against the bankrupt shall prove for any debt or liability contracted by the bankrupt subse- quently to the date of his so having notice. Save as aforesaid, all debts and habilities, present or future, certain or contingent, to which the bankrupt is subject at the date of the order of adjudication, or to which he (e) Stat. 32 & 33 Vict. c. 71, s. 87. OF BANKRUPTCY OF TllADERS. 147 may become subject during the continuance of the bank- ruptcy by reason of any obligation inciu'red previously to the date of the order of adjudication, shall be deemed to be debts provable in bankruptcy, and may be proved in the prescribed manner before the trustee in the bank- niptcy. An estimate shall be made according to the Estimate of rules of the court for the time being in force, so far as the [^biJitfes ' same may be appHcable, and where they are not appli- cable at the discretion of the trustee, of the value of any debt or liability provable as aforesaid, which by reason of its being subject to any contingency or contingencies, or for any other reason, does not bear a certain value. Any person aggrieved by any estimate made by the trustee as aforesaid may appeal to the court, and the court may, if it tliink the value of the debt or liability incapable of being fairly estimated, make an order to that effect, and upon such order being made such debt or liability shall, for the purposes of this act, be deemed to be a debt not provable in bankruptcy, but if the court think that the value of the debt or liability is capable of being faii-ly estimated it may du-ect such value to be assessed with the consent of all the parties interested before the court itself without the interven- tion of a jm-y, or if such parties do not consent, by a jury, either before the court itself or some other compe- tent court, and may give all necessary directions for such purpose, and the amount of such value when assessed shall be provable as a debt under the bankruptcy. " Liability " shall for the purposes of tliis act include Definition of any compensation for work or labour done, any obHga- liability, tion or possibility of an obligation to pay money or money's worth on the breach of any express or imphed covenant, contract, agreement, or undertaking, whether such breach does or does not occur, or is or is not likely to occur or capable of occurring before the close of the bankruptcy ; and generally it shall include any express l2 148 OF CIIOSES IN ACTION. or implied engagement, agreement, or undertaking, to pay, or capable of resulting in the payment of money or money's worth, whether such payment be as respects amount fixed or unliquidated, as respects time present or lliture, certain or dependent on any one contingency or on tAvo or more contingencies, as to mode of valuation capable of being ascertained by fixed rules, or assessable only by a jury, or as matter of opinion" ( /). Power for landlord to distrain for one year's rent. The landlord or other person to whom any rent is due fl'om the bankrupt may at any time, either before or after the commencement of the bankrujDtcy, distrain upon the goods or effects of the bankrupt for the rent due to him fi'om the bankrupt, with this limitation, that if such distress for rent be levied after the commence- ment of the banki'uptcy it shall be available only for one years rent accrued due prior to the date of the order of adjudication, but the landlord or other ]3erson to whom the rent may be due ii'om the bankrupt may prove under the bankruptcy for the overplus due for which the distress may not have been available (^). Proof in case When any rent or other payment falls due at stated periodical pay- pei'iods, and the order of adjudication is made at any ment. time other than one of such periods, the person entitled to such rent or payment may prove for a proportionate part thereof up to the day of the adjudication, as if such rent or pajTnent grew due from day to day (A). Interest on debts. Interest on any debt provable in bankruptcy may be alloAved by the trustee under the same circumstances in which interest would have been allowable by a jury if an action had been brought for such debt (/). (/) Stat. 32 & 33 Vict. c. 71, (Ji) Sect. 35. s. 31. (i) Sect. 86. (^) Sect. 3i. OF BANKRUPTCY OF TRADERS. 149^ If any bankrupt is at the date of the order of adjiidi- Proof in re- cation liable in respect of distinct contracts as member jj^j^j. ^ontracts. of two or more distinct firms, or as a sole contractor, and also as member of a firm, the circumstance that such firms are in Avhole or in part composed of the same individuals, or that the sole conti'actor is also one of the joint contractors, shall not prevent proof, in respect of such contracts, against the properties respectively liable upon such conti-acts (j). The trustee, with the consent of the creditors, testified Allowance to 1 1 . • T . 1 j_' r bankrupt for by a resolution passed in general meeting, may trom maintenance time to time, during the continuance of the bankruptcy, or service. make such allowance as may be approved by the cre- ditors to the bankrupt out of his property for the sup- port of the bankrupt and his family, or in consideration of his services if he is engaged in winding up his estate (k). Where there have been mutual credits, mutual debts. Set-off. or other mutual deaHngs between the bankrupt and any other person proving or claiming to prove a debt under his bankruptcy, an account shall be taken of what is due fi'om the one party to the other in respect of such mutual dealings, and the sum due from the one party shall be set off against any sum due from the other party, and the balance of such account, and no more, shall be claimed or paid on either side respectively; but a person shall not be entitled under this section to claim the benefit of any set-off against the property of a bank- rupt in any case where he had, at the time of giving credit to the bankrupt, notice of an act of bankruptcy committed by such bankrupt and available against him for adjudication (/). A creditor holding a specific security on the property Provision as (J) Sect. 37. (0 Sect. 39. (k) Sect. 38, 150 OF CIIOSES IN ACTION. to secured of tlie bankrupt, or on any part thereof, may, on giving creditor. ^^ j^-^ gg(,^^.J^y^ prove for liis whole debt. He shall also be entitled to a dividend in respect of the balance due to him after reahzing or giving credit for the value of his security, in manner and at the time prescribed. A creditor holding such secmnty as aforesaid, and not com- plying with the foregoing conditions, shall be excluded from aU share in any dividend (m). As the bankruptcy of a person consists in his com- mitting an act of bankruptcy, and not in his being ad- judged bankrupt, his assignees, when appointed, became entitled to all the real and personal estate of which he was possessed at the hoiu' when he committed the act (w) ; though the legal estate in the bankrupt's lands remained vested in him until conveyed to the assignees by their The title of appointment (o). The title of the assignees, it was said, the assignees related back to the act of bankruptcy. The consequences related back to . t y^ the act of 01 this rule were formerly very serious, as many oo7ia bankruptcy, j^^j^ transactions were overturned in consequence of an act of bankruptcy having been committed by one of the parties Avithout the knowledge of the other. But after Former enact- several partial remedies (p), it was enacted by the Act ment. of 1849, that all payments really and bona fide made by any bankiiipt, or by any person on his behalf, before the filing of a petition for adjudication of bankruptcy, and all payments really and bona fide made to any bankrupt before the filing of such petition, and all conveyances by any banki-upt bona fide made and executed before the filing of such petition, and all contracts, dealings and transactions by and with any bankrupt really and bond (jm) Stat. 32 & 33 Vict. c. 71, (o) Doc d. Esdaile v, Mitchelli s. 40. 2 Mau. & Selw. 446. (w) Thomas v. Desanges, 2 Bar. (j;) Stat. 46 Geo. III. c. 135, & Aid. 586 ; Rouch v. Great s. 1; 49 Geo. III. c. 121, s. 2; 56 Western Railway Comi)any, 1 Geo. III. c. 137, s. 1 ; 6 Geo. IV. Q. B. 51. c. 16, ss. 81, 82, 84; 2 & 3 Vict. c. 11, s. 12; 2 & 3 Vict. c. 29. OF BANKRUPTCY OF TRADERS. 151 Jide made and entered into before the filing of such petition, and all executions and attachments against the lands and tenements of any bankrupt bond Jide executed by seizure, and all executions and attachments against the goods and chattels of any bankrupt bona fide exe- cuted and levied by seizure and sale before the filing of such petition, should be deemed to be valid, notwith- standing any prior act of bankruptcy by such bankiaipt committed; provided the person so dealing with or paying to or being paid by such bankrupt, or at whose suit or on whose account such execution or attachment should have issued, had not at the time of such payment, conveyance, contract, dealing or transaction, or at the time of executing or levying such execution or attach- ment, or at the time of making any sale thereunder, notice of any prior act of bankruptcy by him com- mitted {q). The effect of this enactment was to substitute the filing of the petition for adjudication for the act of bankruptcy, so far as respects all persons dealing and acting bond fide and without notice of the act of bank- ruptcy. On this subject the Bankruptcy Act, 1869, Present now contains the following provisions. It enacts that P^'^isions. the bankruptcy shall be deemed to have relation back and to commence at the time of the act of banlcruptcy (r), and then provides as follows : — Nothing in this act contained shall render invalid, — Protection of (1.) Any payment made in good faith and for value actions with' received to any banki-upt before the date of bankrupt. the order of adjudication by a person not having at the time of such payment notice of any act of bankruptcy committed by the bank- rupt, and available against him for adjudica- tion : (2.) Any payment or dehvery of money or goods belonging to a banla*upt, made to such bank- er) Stat. 12 & 13 Vict. c. 106, (r) Stat. 32 & 33 Vict. c. 71, s. 133. s. 11. 152 OF CHOSES IN ACTION. nipt by a depositary of such money or goods before the date of the order of adjudication, who had not at the time of such payment or delivery notice of any act of bankruptcy com- mitted by the bankrupt, and available against him for adjudication : (3.) Any contract or dealing with any bankrupt, made in good faith and for valuable con- sideration, before the date of the order of adjudication, by a person not having, at the time of making such contract or dealing, notice of any act of bankruptcy committed by the bankrapt, and available against him for adjudication (5). Protection of Subject and without prejudice to the provisions of certain trans- ^j^- ^ relating to the proceeds of the sale and seizure actions entered » ^ . . r i • into by or in of goods of a trader, and to the provisions 01 this act pror^erty^o/the avoiding certain settlements, and avoiding, on the bankrupt. ground of their constituting fraudulent preferences, certain conveyances, charges, payments, and judicial proceedings, the following transactions by and in rela- tion to the property of a bankrupt shall be valid, not- withstanding any prior act of bankruptcy, — (1.) Any disposition or contract with respect to the disposition of property by conveyance, transfer, charge, delivery of goods, payment of money, or otherwise howsoever made by any bankrupt in good faith and for valuable consideration, before the date of the order of adjudication, Avith any person not having at the time of the making of such disposition of property notice of any act of bankruptcy committed by the bankrupt, and available against him for adju- dication : (s) Stat. 32 & 33 Vict. c. 71, 9. 94. OF BANKRUPTCY OF TRADERS. 153 (2.) Any execution or attachment against the land of the bankrupt, executed in good faith by- seizure before the date of the order of adjudi- cation, if the person on whose account such execution or attachment was issued had not at the time of the same being so executed by seizxu'e notice of any act of bankruptcy com- mitted by the bankrupt, and available against him for adjudication : (3). Any execution or attachment against the goods of any bankrupt, executed in good faith by seizm-e and sale before the date of the order of adjudication, if the person on whose account such execution or attachment was issued had not at the time of the same being executed by seizure and sale notice of any act of bankruptcy committed by the bankrupt, and available against him for adjudication (t). But any settlement of property made by a trader, not Avoidance being a settlement made before and in consideration of setttementsf maiTiage, or made in favour of a purchaser or incum- brancer in good faith and for valuable consideration, or a settlement made on or for the wife or children of the settlor of property which has accrued to the settlor after marriage in right of his wife, shall, if the settlor becomes bankrupt within tico years after the date of such settle- ment, be void as against the trustee of the bankrupt appointed under the act, and shall, if the settlor becomes bankrupt at any subsequent time within ten years after the date of such settlement, unless the parties claiming vmder such settlement can prove that the settlor was at the time of making the settlement able to pay all his debts withoiit the aid of the property com- posed in such settlement, be void against such trustee. (f) Stat. 32 & 33 Vict. c. 71, s. 95. 154 OF CIIOSES IN ACTION. Avoidance of covenant for future settle- ment. Any covenant or contract made by a trader, in considera- tion of marriage, for the fliture settlement upon or for his wife or children of any money or property wherein he had not at the date of his marriage any estate or interest, whether vested or contingent, in possession or remainder, and not being money or property of or in right of his wife, shall, upon his becoming bankrupt before such property or money has been actually trans- ferred or paid pursuant to such contract or covenant, be void against his trustee appointed under the act. " Settlement " shall for the purposes of this section include any conveyance or transfer of property (m). Avoidance of fraudulent preferences. All debts paid rateably. And every conveyance or transfer of property, or charge thereon made, every payment made, every obliga- tion incurred, and every judicial proceeding taken or suffered by any person imable to pay his debts as they become due from his OAvn monies in favom' of any cre- ditor, or any person in trust for any creditor, with a view of giving such creditor a preference over the other creditors, shall, if the person making, taking, paying, or suffering the same become bankrupt within three months after the date of making, taking, paying, or suffering the same, be deemed fraudulent and void as against the trustee of the bankrupt appointed under this act ; but this section shall not affect the rights of a purchaser, payee or mcumbrancer in good faith and for valuable consideration (v). In the payment of dividends no preference is given on account of the nature of the debt, whether judgment debt, bond debt, specialty or simple contract. In this respect the Court of Chancery, to which the jurisdiction in bankruptcy anciently belonged, and which now exer- cises an appellate jurisdiction {x\ followed its rule that (tt) Stat. 32 & 33 Vict. c. 71, (f) Sect. 92. s. 91, (a?) Sect. 71. OF BANKRUPTCY OF TRADERS. 155 equality Is equity. The crown, however, may enforce Crown debts. payment of the entire debt of a bankrupt crown debtor, notwithstanding the bankrupt laws (y). And a judg- Judgment, ment debt, if entered up one year at least before the bankruptcy, was, by the statute for extending the remedies of creditors, a charge in equity on all the bank- rupt's real estate (z). But tliis was altered with respect to all judgments entered up after the 29th July, 1864, the date of the act to amend the law relating to future judgments, statutes and recognizances (a). The land- Rent. lord of a bankrupt might, notwithstanding an act of bankruptcy, distrain for his rent, not exceeding one year's rent accrued prior to the day of the filing of the petition for adjudication (b). And the present act con- tains, as we have seen, a provision to the same effect (c). The wages or salaiy of a clerk or servant of the bank- Wages. rupt, for any time not exceeding three calendar months and not exceeding 30/. (df), and also the wages of any labourer or workman not exceeding 40^., might, by the Act of 1849, be ordered by the court to be paid in full(e) ; and the present act extends this exception to four months' wages or salary of a clerk or servant, not exceeding ^ftJ/ pounds, and to the wages of any labourer or workman n6t exceeding two months' wages (/). It also gives priority to rates and taxes Rates and due from the bankrupt for twelve months preceding {(/). *'^^^^- The bankrupt is entitled to any surplus remaining after Surplus, payment of his creditors and the costs of the bank- ruptcy (A). (y) Anon., 1 Atk. 262; stat. (c) Stat. 32 & 33 Vict. c. 71, 32 & 33 Vict. c. 71, s. 4i). s. 34, ante, p. 148. (z) Stat. 1 & 2 Vict. c. 110, (d) Stat. 12 & 13 Vict, c. 106, s. 13; Ex 2f arte Boyle, 3 De Gex, s. 168. M. & G. 515; S. C, 17 Jur. 979. (e) Sect. 169. (a) Stat. 27 & 28 Vict.c. 112, (/) Stat. 32 & 33 Vict. c. 71, s. 1. s. 32. (J) Stat. 12 & 13 Vict. c. 106, (^) Sect. 32. s. 129; PauU v. Best, 3 B. & S. (A) Sect. 45. 537. 156 or cnosEs in actiox. If the bankrupt had duly siu-rendered and confonned The certificate, to the bankrupt law, he was fonnerly entitled to a certi- ficate of conformity, by which he was discharged from all debts due by him when he became bankrupt, and from all claims and demands made provable under the bankruptcy {i). Formerly the certificate was requfred to be signed by a given proportion of the creditors (A) ; but, by the Act of 1849, the court Avas constituted the sole judge of any objections which might be made by any creditors against allowing the certificate ; and the court might either allow the same or refiise or suspend the allowance thereof, or annex such conditions thereto as the justice of the case might require (/). The certi- ficates were by this act divided into tlu'ee classes. If the bankruptcy had arisen from unavoidable losses and misfortunes, the bankrupt was entitled to a certificate of the first class. If the bankruptcy had not wholly arisen from unavoidable losses and misfortunes, he was entitled to a certificate of the second class. And if the bank- ruptcy had not arisen fi'om unavoidable losses or misfor- tunes, he was only entitled to a certificate of the third class (m). But all classification of certificates was abolished by the Bankruptcy Act, 1861 {n); and the bankrupt, if he had properly conducted himself, became entitled to an order of discharge, which discharged him from all debts, claims or demands, provable under his bankruptcy (o). The Bankruptcy Act, 1869, now con- tains the following provisions with respect to the order of discharge. When a banknq^tcy is closed, or at any time during its continuance, Avith the assent of the cre- ditors testified by a special resolution, the bankrupt may apply to the court for an order of discharge ; but Order of dis- charge. Present provisions, (i) Stat. 12 & 13 Vict. c. 106, ss. 199, 200. (Ji) Stat. 6 Geo. IV. c. IG, s. 122. (0 Stat. 12 & 13 Vict. c. 100, s. 198. (w) Stat. 12 & 13 Vict. c. 106, sched. Z. (w) Stat. 24 & 2.5 Vict. c. 134, s. 157. (o) Sect. ICl. OF BANKRUPTCY OF TKADERS. 157 such discharge shall not be granted unless it is proved to the court that one of the following conditions has been fulfilled, tliat is to say, either that a dividend of not less than ten shillings in the pound has been paid out of his property, or might have been paid excejDt through the negHgence or fraud of the trustee, or that a special resolution of his creditors has been passed to the effect that his banki'uptcy or the failure to pay ten shillings in the pound has, in their opinion, arisen from circum- stances for which the bankrupt cannot justly be held responsible, and that they desire that an order of dis- charge shoidd be granted to him. And the court may suspend for such time as it deems to be just, or withhold altogether, the order of discharge in the circumstances following: namely, if it appears to the court on the representation of the creditors made by special resolu- tion, of the truth of which representation the court is satisfied, or by other sufficient e\ddence, that the bank- rupt has made default in giving up to his creditors the property which he is required by this act to give up ; or that a prosecution has been commenced against him in pursuance of the provisions relating to the punishment of fraudulent debtors, contained in the "Debtors Act, 1869" ( /?), in respect of any offence alleged to have been committed by him against the said act {q). An order of discharge shall not release the bankrupt Effect of from any debt or liability incuiTcd by means of any chame ^^ fraud or breach of trust, nor fl'om any debt or liability whereof he has obtained forbearance by any fraud, but it shall release the bankrupt from all other debts prov- able under the bankruptcy, with the exception of — (1.) Debts due to the crown : (2.) Debts with which the bankrupt stands charged at the suit of the croAvn or of any person for (i?) Stat. 32 & 33 Vict. c. 62, (q) Stat. 32 & 33 Vict. c. 71, ruite, p. 103, s. 48. 158 OF CHOSES IN ACTION. any offence against a statute relating to any branch of tlie public revenue, or at tbe suit of the sheriff or other public officer on a bail bond entered into for the appearance of any person prosecuted for any such offence : and he shall not be discharged fi-om siich excepted debts unless the Commissioners of the Treasury certify in writing their consent to his being discharged therefrom. An order of discharge shall be sufficient evidence of the bankruptcy, and of the validity of the proceedings thereon ; and in any proceedings that may be instituted against a bankrupt who has obtained an order of dis- charge in respect of any debt fi-om which he is released by such order, the bankrupt may plead that the cause of action occiuTcd before his discharge, and may give the act and the special matter in evidence (r). Exception of joint debtors. The order of discharge shall not release any person who, at the date of the order of adjudication, was a partner with the bankrupt, or was jointly bound or had made any joint contract with him (s). Rights of un- certificated bankrupt. Until the bankrupt obtained his discharge all the real and personal property which might descend, revert, or be devised or bequeathed or come to him, became vested in his assignees {t). But an uncertificated bankrupt might maintain an action for his personal labour per- formed after the bankruptcy (u), and he might also sue in respect of contracts made with himself, and also in respect of any after-acquu-ed property, if the assignees or creditors did not interfere {v). The court, however. (r) Stat. 32 & 33 Vict. c. 71, s. 49. (s) Sect. 50. it) Stat. 12 & 13 Vict. c. 106, SB. 141, 142. (?f) SUJi V. Oshoinie, 1 Esp. R. 140. (f) WeU V. Fox, 7 T. Rep. 391 ; Drayton v. Dale, 2 Bam. & Cress. 293 ; Crofton v. Poole, I Bam. & Adol. 568. OF BANKRUPTCY OF TRADERS. 159 was empowered by the Act of 1861 in certain cases of misconduct, eitlier to refuse or suspend the order of dis- charge, or to grant the same subject to any conditions touching any salary, pay, emoluments, profits, wages, earnings or income, which might afterwards become due to the bankrupt, and touching his after-acquired pro- perty (jo). The Act of 1869 has, as we have seen (a;), substituted the trustee for the assignees ; and it vests in him all the property of the bankrupt at the com- mencement of the bankruptcy, or which may be acquired by or devolve on him diu'ing its continu- ance (y). The act also contains the following provisions with regard to the status of an undischarged bankrupt. Where a person who has been made bankrupt has not Statxis of nn- obtained his discharge, then, from and after the close of ^^^^'^^^f'^ his bankiiiptcy, the foUomng consequences shall ensue : (1.) No portion of a debt provable under the bank- ruptcy shaU be enforced against the property of the person so made bankrupt imtil the ex- piration of three years fi'om the close of the bankruptcy ; and during that time, if he pay to his creditors such additional sum as Avill, with the dividend paid out of his property during the bankruptcy, make up ten shillings in the pound, he shall be entitled to an order of discharge in the same manner as if a divi- dend of ten shillings in the pound had ori- ginally been paid out of his property : (2.) At the expiration of a period of three years from the close of the bankruptcy, if the debtor made bankrupt has not obtained an order of discharge, any balance remaining unpaid in respect of any debt proved in such bankruptcy (but without interest in the meantime) shall be deemed to be a subsisting debt in the nature of (w) Stat. 24 & 25 Vict. c. 134, (y) Stat. 32 & 33 Vict. c. 71, s. 159, s. 15. (») Ante, p. 141. 160 OF CHOSES IN ACTION. I a judgment debt, and, subject to the rights of ^ any persons who have become creditors of the debtor since the close of his bankruptcy, may be enforced against any property of the debtor with the sanction of the court which adjudi- cated such debtor a bankrupt, or of the court having jurisdiction in bankruptcy in the place where the property is situated, but to the extent only, and at the time and in manner directed by such court, and after giving such notice and doing such acts as may be pre- scribed in that behalf (z). Evidence of ^ny petition or copy of a petition in bankruptcy, proceedings ^j^y order or copy of an order made by any coiu-t an -lup ty. j^^^^^^ jimsdiction in bankruptcy, any certificate or copy of a certificate made by any court having juris- diction in bankrviptcy, any deed or copy of a deed of arrangement in bankruptcy, and any other instru- ment or copy of an instrument, affidavit or document made or used in the course of any bankniptcy pro- ceedings, or other proceedings had under the Bank- ruptcy Act, 1869, may, if any such instrument as afore- said or copy of an instrument appears to be sealed with the seal of any court having jurisdiction, or piu'ports to be signed by any judge having jurisdiction in bank- ruptcy under this act, be receivable in evidence in all legal proceedings whatever (a). Privilege of If a person ha^ing privilege of parliament commits parliament not ^^ ^^^ ^f bankruptcy he may be dealt mth under the to prevent ad- ,., -n ■, t -i ^ i judication in Act of 1869 m like manner as it he had not such pn- bankruptcy. ^^^^^ ^^^^ Vacating of If a person, being a member of the Commons House ofcommoSs^ of Parhament, is adjudged bankrupt, he shaU be and (z) Stat. 32 & 33 Vict. c. 71, («) Sect. 107. s. 54. i^J) Sect. 120. OF BANKRUPTCY OP TRADERS. 161 remain during one year from the date of the order of adjudication incapable of sitting and voting in that House, unless within that time either the order is annulled or the creditors who prove debts under the bankruptcy are fully paid or satisfied. Provided that such debts (if any) as are disputed by the bankrupt shall be considered, for the purpose of this section, as paid or satisfied if within the time aforesaid he enters into a bond, in such sum and with such sureties as the coiu't approves, to pay the amount to be recovered in any proceeding for the recovery of or concerning such debts, together with any costs to be given in such pro- ceedings (c). The following regulations are made by the Bank- Regulations as ruptcy Act, 1869, with respect to the liquidation by {," aJmnge-""" arrangement of the affairs of the debtor: ment. (1.) A debtor imable to pay his debts may summon a general meeting of his creditors, and such meeting may, by a special resolution as de- fined by the act, declare that the affairs of the debtor are to be liquidated by arrangement and not in bankruptcy, and may at that or some subsequent meeting, held at an interval of not more than a week, appoint a trustee, uith or without a committee of inspection. (2.) All the provisions of the act relating to a first meeting of creditors, and to subsequent meet- ings of creditors in the case of a banlo-uptcy, including the description of creditors entitled to vote at such meetings, and the debts in respect of which they are entitled to vote, shall apply respectively to the first meeting of cre- ditors, and to subsequent meetings of creditors, (c) Stat. 32 & 33 Vict. c. 71, s. 121. W.P.P. M 162 OF CHOSES IN ACTION. for the piu-poses of this section, subject to the following modifications : (a.) That every such meeting shall be presided over by such chairman as the meeting may elect; and (b.) That no creditor shall be entitled to vote until he has proved by a statutory declaration a debt provable in bankruptcy to be due to him, and the amount of such debt, with any presciibed particulars ; and any person wilfully making a false declaration in relation to such debt shall be guilty of a misdemeanor. (3.) The debtor, unless prevented by sickness or other cause satisfactory to such meeting, shall be present at the meeting at which the special resolution is passed, and shall answer any inquiries made of him, and he, or if he is so prevented from being at such meeting some one on his behalf, shall produce to the meeting a statement shoT^dng the whole of his assets and debts, and the names and addresses of the creditors to whom his debts are due. (4.) The special resolution, together vnth the state- ment of the assets and debts of the debtor, and the name of the tiaistee appointed, and of the members, if any, of the committee of inspec- tion, shall be presented to the registrar, and it shall be his duty to inquhe whether such resolution has been passed in manner directed by this section, but if satisfied that it was so passed, and that a trustee has been appointed with or without a committee of inspection, he shall forthwith register the resolution and the statement of the assets and debts of the debtor, and such resolution and statement shall be open for inspection on the prescribed condi- OF BANKRUPTCY OF TRADERS. 163 tions, and the liquidation by aiTangement shall be deemed to have commenced as from the date of the appointment of the trustee. (5.) All such property of the debtor as woidd, if he were made bankrupt, be divisible amongst his creditors shall, from and after the date of the appointment of a trustee, vest in such trustee under a liquidation by arrangement, and be di^dsible amongst the creditors, and all such settlements, conveyances, transfers, char-ges, payments, obligations and proceedings as would be void ao:ainst the trustee in the case of a bankruptcy shall be void against the trustee in the case of liquidation by arrange- ment. (G.) The certificate of the registrar in respect of the appointment of any trustee in the case of a liquidation by arrangement shall be of the same effect as a certificate of the court to the like effect in the case of a banla-uptcy. (7.) The trustee under a hquidation shall have the same powers and perform the same duties, as a trastee under a bankruptcy, and the property of the debtor shall be distributed in the same manner as in a banki'uptcy ; and with the modification hereinafter mentioned all the pro- visions of the act shall, so far as the same are applicable, apply to the case of a liquidation by aiTangement in the same manner as if the word "banlvrupt" included a debtor Avhose affairs are under liquidation, and the word " bankruptcy " included hquidation by arrange- ment ; and in construing such provisions the appointment of a trustee under a liquidation shall, according to circumstances, be deemed to be equivalent to and a substitute for the presentation of a petition in bankruptcy, or the M 2 164 OF CHOSES IN ACTION. service of such petition or an order of adjudi- cation in bankruptcy. (8.) The creditors at their first or any general meeting may prescribe the bank into which the trustee is to pay any monies received by him, and the sum which he may retain in his hands. (9.) The pro^dsions of the act with respect to the close of the bankruptcy, discharge of a bank- rupt, to the release of the trustee, and to the audit of accounts by the comptroller, shall not apply in the case of a debtor whose affairs are under liquidation by aiTangement; but the close of the hquidation may be fixed, and the discharge of the debtor and the release of the trustee may be granted by a special resolution of the creditors in general meeting, and the accounts may be audited in pursuance of such resolution, at such time and in such manner and upon such temis and conditions as the creditors think fit. (10.) The trustee shall report to the registrar the discharge of the debtor, and a certificate of such discharge given by the registrar shall have the same effect as an order of discharge given to a bankrupt under the act. (11.) Rules of court maybe made in relation to pro- ceedings on the occasion of liquidation by arrangement in the same manner and to the same extent and of the same authority as in respect of proceedings in bankruptcy. (12.) If it appear to the coiu-t on satisfactory evidence that the liquidation by arrangement cannot, in consequence of legal difficulties, or of there being no tnistee for the time being, or for any sufficient cause, proceed without injustice or undue delay to the creditors or to the debtor, OF BANKRUPTCY OF TRADERS. 165 the court may adjudge the debtor a bankrupt, and proceedings may be had accordingly. (13.) Where no committee of inspection is appointed the trustee may act on his own discretion in cases where he would otherwise have been bound to refer to such committee. (14.) In calcvdating a majority on a special resolu- tion for the purposes of this section, creditors whose debts amount to sums not exceeding ten pourids shall be reckoned in the majority in value, but not in the majority in number (c?). (). With regard to certainty, however, the rule of law is id certiim est quod certum reddi potest, and therefore an aAvard that one of the parties should pay the costs of an action is good without fixing the amount of the costs, for that may be ascertained by the taxing officer (^). On the question of finality many cases have arisen. If the arbitrators be empowered to decide all matters in dif- ference between the parties, the award will not neces- sarily be wanting in finahty for not deciding on all such matters, unless it appear to have been required that all such matters shovdd be determined by the award (r). If the award reserve to the arbitrators (5), or to give to any other person (^), or to one of the parties (m), any flirther (A') Har court t. Ramsiottom, (p) Samon's case, 5 Rep. 77 b. 1 Jac. & "Walk. 512; Scott v. Van (q) Cargey v. Aitcheson, 2 B. Sandau, 6 Q. B. 237. & Cress. 170; S. C. 3 Dowl, & Ry. (J) Rldout V. Pye, 1 Bos. & P. 433; 2 Wms. Saund. 293 b, n. («). 91. (?') Wrightson y. Bynmtcr, 3 (jti) Wliitnwre v. Smith, 5 H, Mee. & Wels. 199; 1 Wms. Saund, & N. 824. 32 a, n. («). (n) Attoi'ney- General y. Da I- i^ (s) Manser y. Heaver, 3 Bar. son, M'Clcl. & Y. 160. & Adol. 295. (0) Stal7V07-th y. In?is, 13 Mee. (t) Toinlin v. Mayor of Ford- & Wels. 466 ; Wade v. DowUng, wick, 5 Ad. & Ell. 147. Q. B. 18 Jur. 728; 2 E. & B. 44; (?/) Glover v. Barrie, 1 Salk. Eads V. Williains, 4 De Gex, M. 71. & G. 674, 688. 192 OF CHOSES IN ACTION. authority or discretion in the matter, it will be bad for Avant of finality. And if the award be that any stranger to the reference should do an act, or that money should be paid to, or any other act done in favour of, a stranger, unless for the benefit of one of the parties {x), such aAvard Avill be void (y). An award, however, may be partly good and partly bad, provided the bad part is independent of and can be separated from that which is good(2r). But if, by reason of the invalidity of part of the award, one of the parties cannot have the advantage intended for him as a recompense for that Avhich he is to do, according to that part of the aAvard which would othei-wise be valid, the Avhole Avill be void (a). If it should appear on the face of the award that the arbi- trators, intending to decide a point of laAv, have fallen into an obvious mistake of the law, the award will be invalid (b). But where subjects invohdng questions both of law and fact are referred to arbitration, the arbitrators may make an aAvard according to what they beheve to be the justice of the case, ii-respective of the Arbitrator law on any particidar point ( c). And it is now provided, may state ^j^g^^ j^ ^\^^]\ i^q laAvful for the arbitrator, upon any com- special case -i ^ r^ t "r> j for the opinion pulsory reference under the Common l^aw I'rocedure of the couit. j^^^^ 1854, or upon any reference by consent of parties, where the submission is or may be made a rule or order of any of the superior com-ts of law or equity at West- minster, if he shall think fit, and if it is not proAaded to the contrary, to state his award as to the Avhole or any part thereof in the form of a special case for the (a-) Woody.Adcoc7i,7'E:ii.Ile^. (a) 2 Wms. Saund. 293 b, n. 4G8. (1). (y) Cooke Y. Whorwood, 2 (&) Ilidoxd v. Pain, 3 Atk. Saund. 337 ; Adam \. Statham, 494 ; Richardson v. A'ovrse, 8 2 Lev. 235; Fisher v. PimUey, Barn. & Aid. 237. 11 East, 188. (c) Re Badger, 2 Barn. & Aid. (z) Fox V. Smith, 2 TVils. 2G7; G91 ; Yoitng v. Walker, 9 Ves. Aitcheson v. Cargey, 2 Bing. 199. 364 ; Hodgkinson v. Fernie, 3 C. B., N. S. 189. OF ARBITRATION. 193 Opinion of the court ; and when an action is referred, judgment, if so ordered, may be entered according to the opinion of the court (^). When the submission to arbitration is not made the Setting aside rule of any other court (e), the Court of Chancery, ac- cording to tlie ordinary principles of equity, has power to set aside the award for corruption or other miscon- duct on the part of the arbitrators, or if they should be mistaken in a plain point of law or fact(y). If the submission be made a rule of coiu't under the above- mentioned statute of Will. III. {g^, the court of Avhich it is made a rule has power to set aside the award, not only on the grounds of corruption or undue practice mentioned in the act, but also for mistakes in point of law (A) ; and no other court has a right to entertain any application for this purpose (z). The application to set aside the award must, however, be made Avithin the time limited by the act (k). But although the time limited by that statute may have expired, yet if there be any defect apparent on the face of the award, the court will not assist in carrying it into effect by granting an attach- ment for its nonperformance (/). If the submission to arbitration be made by rule or order of the court in any cause independently of the statute, the court still retains its ancient jm-isdiction of setting aside the awai-d on account either of the misconduct of the arbitrators, or of their mistake in point of law (m). In analogy, how- {(l) Stat. 17 & 18 Vict. c. 125, Coxeter, 1 Stra. 301; see 1 Wras. s. 5. Saund. 327 d, n. (s). (e) Nichols V. Roe, 3 Myl. & (i) Stat. 9 & 10 Will. III. c. 15, Keen, 431. s. 2; Nichols v. Roe, 3 Myl. & (/) Ridont V. Pain, 3 Atk. Keen, 431. 41)4. (Ji) Lowndes v. Lowndes, 1 {g) Stat. 9 & 10 Will. III. c. East, 276; ante, p. 185. 15. (0 Pedley v. Goddard, 7 T. {h) Zachary v. Shepherd, 2 T. Rep. 73. Rep. 781; Lowndes y. Lowndes, \ (w) Lucas v. Wilson, 2 Buit. East, 276, overruling Anderson v. 701. W.P.P. O 194 OF CHOSES IN ACTIOX. Two arbitra- tors may appoint an umpire. On failure of parties judge may appoint an umpire. ever, to the practice under the statute of Will. III., the court in ordinary cases requires application for setting aside the award to be made mthin the time limited by that statute (w) ; but upon sufficient grounds it will grant such an application, though made after the expi- ration of that time (o). All apphcations, however, to set aside any award made on a compulsory reference under the Common Law Procedure Act, 1854, must be made ^^ithin the first seven days of the term next following the publication of the award to the parties, w^hether made in vacation or term ; and if no such application is made, or if no rule is granted thereon, or if any rule granted thereon is afterwards discharged, the award is final(p). The coiui; or a judge has also power to remit the matters referred to arbitration, or any of them, to the reconsideration of the arbitrator, upon such terms as to costs and otherwise as to such coiu-t or judge may seem proper (^q). It is usual to pro^ade for the appointment of an um- pire in case the parties should disagi'ce. But the Com- mon Law Procedm-e Act, 1854, now pi'ovides(r), that when the reference is to two arbitrators, and the terms of the document authorizing it do not show that it was intended that there should not be an umpii-e, or provide otherA\4se for the appointment of an umpire, the two arbitrators may appoint an umpire at any time within the period during which they have power to make an aAvard, unless they be called upon to make the appoint- ment sooner, by notice under the following provision. And if, where the parties or two arbitrators are at liberty to appoint an umpire or thu-d arbitrator, such (?i) Macarthvr v. Cavijjbell, 5 Bam. & Adol. 518; Smith v. Whitmore, 1 Hem. & Mill. 576, affirmed 10 Jur., N. S. 1190. (o) Matvsthoj'n v. Arnold, 6 Bam. & Cress. 629; S. C. 9 Dow. & Ky. 556. {p) Stat. 17 & 18 Vict. c. 125, s. 9. {q) Ibid. s. 8. {r) Ibid. s. li. OF ARBITRATION. 195 parties or arbitrators do not appoint an umpire or third arbitrator, or if any appointed umpire or third arbitrator refiise to act, or become incapable of acting, or die, and the terms of the document authorizing the reference do not show that it was intended that such a vacancy should not be supplied, and the parties or arbitrators respectively do not appoint a new one, then any party may serve the remaining parties, or the arbi- trators as the case may be, with a ^vritten notice to appoint an umpire or third arbitrator ; and, if within seven clear days after such notice shall have been served no umpire or third arbitrator be appointed, it shall be lawful for any judge of any of the superior courts of law or equity at Westminster, upon summons to be taken out by the party ha^dng served such notice, to appomt an umpire or third arbitrator, who shall have the same power to act in the reference and make an award as if he had been appointed by consent of all parties {s). If an umpire be appointed, his authority to make an Umpire. award commences from the time of the disagreement of the arbitrators {t), unless some other period be expressly fixed ; and if, after the disagreement of the arbitrators, he make an award before the expu-ation of the time given to the arbitrators to make their award, such award will nevertheless be valid (m). And it is now provided that if the arbitrators shall have allowed their time, or their extended time, to expire without making an award, or shall have delivered to any party, or to the umpire, a notice in writing stating that they cannot agree, the umpire may enter on the reference in Heu of the arbitrators (x). The umpire must be chosen by the (s) Stat. 17 & 18 Vict. c. 125, & Sel. 559; Sprigens r. Nash, 5 s. 12; see Re Lord, 1 K. & John- Mau. & Sel. 193. son, 90; Collins v. Collins, 26 (?«) Sprigens v. Nash, ubi sup. Beav. 306. (a-) Stat. 17 & 18 Vict. c. 125, {t) Smailes v. Wright, 3 Mau. s. 15. o2 196 OF CHOSES IN ACTION. arbitrators in the exercise of their judgment and at the same time (3/), and must not be determined by lot {z), unless aU the parties to the reference consent to his appointment by such means (a). In order to enable him to form a proper decision, he ought to hear the whole evidence over again (b), unless the parties should be satisfied with his deciding on the statement of the arbi- trators (c). And the whole matter in difference must be submitted to his decision, and not some particidar points only on which the arbitrators may disagree {d). Award for payment of money creates a debt. An award for the payment of money creates a debt from one party to the other, for which an action may be brought in any court of law (e), and which will be suffi- cient to support a petition for adjudication of bank- ruptcy (f)' But Avhen the award is made a rule of court, its performance may, as we have seen (^), be en- forced by attachment. And where the reference is made by order of the Court of Chancer}^ (A), or where the award requires any act to be done which cannot be enforced by an action at law (2), equity will decree a specific performance. And it is now provided that Avlien any award directs possession of any lands or tenements to be dehvered to any party, the court, of which the document authorizing the reference is or is (y) Be Lord, Q. B. 1 Jur., N. S. 893; 5 E. & B. 404. («) In Me Cassell, 9 Bai-n. & Cress. 624; Ford v. Jones, 3 Bam. & Add. 248; European, ^-c. SMpjnng Company v. Crosshey, 8 C. B., N. S. 397. See, however, Be Hopper, L. R., 2 Q. B. 367 ; 8 Best & Smith, 100. (a) Be Jamieson, 4 Adol. & Ell. 945. (b) Be Salheld, 12 Ad & Ell. 767; Be Ban-ley, 2 De Gex & Smale, 33. (c) Hall V. Lawrence, 4 T. Rep. 689. (y 20 » 30 . 1 6 >» » 30 ») 40 . 2 » » 40 » 50 . 2 6 »J » 50 » 100 . 5 » » 100 » 200 . 10 » »j 200 » 500 . 15 i> » 500 )> 750 . 1 „ „ 750 » 1,000 . 1 5 And where it shall exceed £1,000, and also in all other ( lases not above ! provided for I 15 ( 198 ) PART IIL OF INCORPOREAL PERSONAL PROPERTY, CHAPTER I. OF PERSONAL ANNUITIES, STOCKS AND SHARES. In addition to goods and chattels in possession, which have always been personal property, and to debts which have long since been considered so, there exist! in modem times several species of incorporeal personal property, to which Ave now propose to direct our atten- tion. These species of property are certainly not choses in possession, neither yet are they like debts strictly choses in action, though often classed as such. In analogy, therefore, to the well-known division of real estate into corporeal and incorporeal, we have ventm-ed to place these kinds of property together into a class to be denominsited incorporeal personal prope7'ti/. A debt no doubt is also incoi"poreal, but it is still well charac- terized by its ancient name of a chose in action. Personal an- The first kind of incorporeal personal property which "^ ^' we shall mention is a persojial annuity. This kind of property is not indeed of so modern an origin as some of those which we shall hereafter mention. It consists of an annual payment, not charged on real estate ; but it may nevertheless be limited to the heirs, or the heirs ' of the body of the grantee. In former times it was doubted whether an annuity was not a mere chose in action, and therefore incapable of assignment (a); but (a) Co. Litt. U4b, n.(l). OF PERSONAL ANNUITIES, STOCKS AND SHARES. 199 this objection has long been overnilecl. When Umited to the heirs of the grantee it will, on his intestacy, de- scend, like real estate, to his heir; bnt it is still personal property (Z»), and will pass by his will under a bequest of all his personal estate ( c). When given to the grantee and the heirs of his body, the grantee does not acquire an estate tail ; for this kind of inheritance is not a tene- ment within the meaning of the statute De Donis Con- ditionalibus (d). The gi'antee has merely a fee simple conditional on his having issue, such as a grantee of lands woidd have had imder a similar grant prior to the statute De Donis (e), or as a copyholder would now take in manors where there is no custom to entail (^). When the grantee has issue, he may therefore alien the annuity in fee simple by a mere assignment ; but should he die without issue the annuity will fail. A personal annufty given to a man for ever will devolve on the executor, and not on the heir of the grantee (^). The next kind of incorporeal personal property to be Stock or bank considered is stock in the public funds, or bank an- not exist be- nuities. Previously to the Revolution in 1688 there fore tbe Revo- was no fxmded debt properly so called; although King Charles I. and King Charles II. both found occasion to raise money by the grant of annuities in fee simple chargeable on particular branches of the revenue. These annuities, not being payable out of real estate, appear to have been the first instances of personal an- nuities limited to the grantees and their heirs, and they {b) Earl of Stafford v. Buck- Real Property, 30, 36, 2ud ed. ; ley, 3 Ves. sen. 171 ; Eadburii v. 32, 38, 3rd & 4th eds. ; 35, 41, 5th, JerHs, 3 Beav. 450, 461. 6th, 7th & 8th eds. (c) ArtUn v. Dahj, 4 Barn. & (/ ) Ibid. 286, 2nd ed. ; 295, Aid. 59. 3rd ed. ; 299,' 4th ed. ; 310, 5th {d) Turner v. Turner, 2 Arab. ed.; 327, 6th ed.; 334, 7th ed.; 349, 776, 782 ; Uarl of Stafford v. 8th ed. BucMey, nhi suTp. (g) Taylor v. Martlndale, 12 (e) See Principles of the Law of Sim. 158. 200 OF IISrCORrOREAL PERSONAL PROPERTY. The funds are redeemaVjle annuities. gave occasion to those law suits by wliich the legal na- ture and incidents of personal annuities have been de- termined ; although some mention of such annuities is certainly to be found in the old books [h). Soon after the Revolution, however, a portion of the pubHc debt was funded, or transferred into perpetual annuities, pay- able, by way of interest, on the capital advanced, which caj^ital was to be repaid by the government iu the manner agreed on. And from that time to the present, the frmded debt of the country has, by several acts of par- liament, been gi-eatly increased. Stock in the fiinds, therefore, is merely a right to receive certain annuities, by half-yearly dividends, as they become due (i), subject to the right of government to redeem such annuities on payment of a stipulated sum, which sum is the nominal value of the stock. Thus, 100/. £3 per cent. Consoli- dated Bank Annuities is a right to receive 3/. per aiimim for ever, subject to the right of government to redeem this annuity on payment of 100/. sterling. The actual value of 100/. £3 per cent. Consolidated Bank An- nuities (or Consols as they are shortly termed) of course depends on the state of the stock market, being generally lower, though it has been higher, than the nominal price, which is called par. Consols for- merly the in- vestment of the Court of Chancery. The public funds are composed of several separate stocks, of which, however, by far the largest and most important are the consols. In this frmd alone the Court of Chancery formerly invested all the money committed to its care belonging to the suitors in that court: and, as it is a rule of equity, that whatever the Court would certainly order to be done may be done without apply- ing to the Court, every trustee and executor was justified (A) Co. Litt. 144 b; Fitz. N. B. 152 a. (i) Wildman v. Wildman, 7 Ves. 174, 177; Raivlings v. Jen- nings, 13 Ves. 38, 45. Dividend warrants may now be sent by post, Stat. 32 & 33 Vict. c. 104. OF PERSONAL ANISTUITIES, STOCKS AND SHARES. 201 in investing in consols any money which he might have held in tnist, withont any express direction for that purpose (k). But shoidd he have invested trust money Liability of upon any other security, without express authority so vestin^'^"*'"" to do, he would have been answerable to his cestuis que consols. trust for the amount of the money so invested, should the security have failed; and it seems also, that the cestui que trust had an option either to claim the money, or to have so much stock as the money improperly in- vested would have purchased at the time when the im- proper investment Avas made (/). But when the trustee was authorized by the terms of his trust to invest either in the funds or on real securities, it was decided, after much conflict of opinion, that the cestui que trust had no option to charge the defaulting trustee with any larger sum than the amount of the money lost, with interest at four per cent. For had the trustee chosen, as he might, to invest on real security, the cestui que trust Avould have gained notliing by the subsequent rise in the ftmds(7?2). Kecent enactments have, however, now largely extended the investments in which trust ftmds may be placed (w). The legal nature and incidents of stock in the public funds have been fixed by the various acts of parliament by which these funds have been created. These statutes are far too numerous to be here mentioned ; but their provisions are generally similar. By one of the earliest Stock is per- of these statutes (o), it is provided, that all persons who ^'^"^^ eshde. {k) Home V. Lord DartmouiTi, {iii) Rolnnson \. Iioblnson,uhi 7 Ves. 150 ; Holland v. Hughes, sup., overruling Watts v. Girdle- 16 Ves. 114; Tehhs v. Carpenter, stone, 6 Beav. 188, Ames v. Par- 1 Mad. 306 ; Norhury v. Norbury, Idnson, 7 Beav. 379, and Ouseley 4 Mad. 191. V. Anstruther, 10 Beav. 45G. (J,) Forrest \.Elnies,A^YQsA^7; {n) See jwst, the chapter on Pride V. Ihoks, 2Bea.vA30; Bo- "Settlements." hhison V. Rohlnson, Lords Jus- (o) Stat. 1 Geo. I. st. 2, c. 19, tires, 1 De Gex, Mac. & Gord.247. s. 9. 202 OF INCOKPOREAL PERSONAL PROPERTY Transfer of stock. Dividends Stock in the name of a trustee. shall be entitled to any of the annuities thereby created, and all persons lawftilly claiming under them, shall be possessed thereof as of a personal estate, and the same shall not be descendible to the heir. And the same nde holds with respect to all the public funds which now exist. The transfer of stock in the pubhc fluids is effected only by the signatm-e of the books at the Bank of England in the manner prescribed by act of parhament ; and tliis transfer may be effected either in person or by attorney duly appointed for the purpose by writing, under hand and seal, attested by two or more credible witnesses (;>). The legal title to stock belongs to the person in whose name it is standing in the bank books ; and the Bank refuses to recognize trusts, or to keep more than one account for the same person ; neither will it allow of the transfer of any stock into the names of more than four persons. Formerly the right to stock always carried the right to the cm-rent half-year's divi- dends, and the transfer books were closed for some days prior to the days of payment of the dividends. But a day for closing the books is now fixed in the month pre- ceding that in which the dividends are payable, and the person whose name then appears inscribed in the books as proprietor is, as between him and the transferee, entitled to the current half-year's dividend ; and after that day the person to whom any transfer is made is not entitled to the cm-rent dividend (5-). When stock is standing in the name of a trustee, the beneficial owner may transfer his equitable interest in any manner he pleases. As the claim of the beneficial owner is equit- able only, there will be no occasion to give to the trans- feree a power of attorney to sue in the name of the transferor (?•) ; and the transferee, on giving notice of (2?) Stat. 1 Geo. I. st. 2, c. 19, s. 11, and subsequent acts. {q) Stat. 24 Vict. c. 3, s. 7. (;■) See ante, p. 6. ficates. nard's Act. OF PERSONAL ANNUITIES, STOCKS AND SHARES. 203 the transfer to the trustee, will be entitled to a legal transfer of the stock into his own name in the books at the Bank. A recent act of parliament contains provi- stock certi- slons for the conversion of stock, transferable only at the Bank, into stock certificates payable to bearer, and transferable accordingly from hand to hand (s). As the constant fluctuations of the value of the flinds were long since found to present a great temptation to gambling on the chance of their rise or fall, an act was Sir John Bar- passed in the reign of Geo. II. (^) for the pm*pose of suppressing such transactions. This act was introduced into parHament by Sir John Barnard, whose name it bears, and it was intituled " An Act to prevent the in- famous Practice of Stockjobbing." It contained several provisions directed against the practice of fictitious sales of stock for a future time, where the seller had not the stock he sold, neither intended to procure it, and the buyer had no intention to purchase the amount he con- tracted for ; but the only object of the parties was that, should the stock rise, the vendor should pay the buyer the difference occasioned by the increase in price, and, should it fall, the buyer should pay the vendor the dif- ference occasioned by the decrease (z^). But this act, having been found to interfere with legitimate transac- tions, has lately been repealed (x). (s) Stat. 26 Vict. c. 28. jobber, properly so called, is a (t) Stat. 7 Geo. II. c. 8. person who supplies the public, ('«) See Child y.Morley, 8 T. through the medium of the brokers, Eep. 610 ; Heckscher v. Gregory, with money or stock to the exact 4 East, 007, 614. The buyer who amount they may require, making- is interested in the rise of the a profit only of l-8th per cent, on funds is called, in the language of each transaction ; a course of busi- the Stock Exchange, a bull, the ness altogether different from the seller is a bear, but either party, " infamous" practices usually if unable to pay his differences, called stockjobbing by the public, becomes a lai7ie duck. A stock- («) Stat. 23 Vict. c. 28. 204 OF IXCORPOREAL PERSONAL PROPERTY. Contract for It seems that stock is not goods, leaves or merchandize not\?fthin''Ae '^vithin the 17th section of the Statute of Frauds (y), so Statute of that it does not require a Avritten memorandum for a contract for its sale, if the value exceeds ten pounds and the buyer does not accept and receive any part, nor give something in earnest to bind the bargain or in part pa}Tnent {z). Contract notes for the sale or purchase Stamp duty on of Government or other pubHc stocks or shares, to the amount or value of five pounds or upwards, are now liable to a stamp duty of one penny (a). Infants. Lunatics and idiots. By a modern act of parliament, the Court of Chancery is empowered to order the di^ddends of stock belonging to infants to be appHed for their maintenance (h). By another act the Lord Chancellor is empowered to appoint a person to transfer stock and receive and pay over diWdends standing in the name of or vested in any lunatic, idiot or person of unsound mind beneficially entitled thereto, or standing in the name of or vested in the committee of a limatic who may have died intestate, or himself become lunatic, or may be out of the juris- diction of or not amenable to the process of the Court of Chancery, or if it be uncertain whether such com- mittee be living or dead, or if he should neglect or refuse to transfer such stock and to receive and pay over the dividends thereof (c). And the Lord Chancellor is also empowered to appoint a person to transfer stock stand- ing in the name of or vested in any lunatic residing out of England ; and also to receive and pay over the dividends thereof to the curator of such lunatic or other- (y) Stat. 29 Car. 2, c. 3. See ante, p. 40. (z) See JYumes V. Scij)io, 1 Com. ii5G;Picke?'in(/y. Appleby, 1 Com. 354; 2 P. Wms. 308; Pa7vle v. Gunn, 4 Bing. N. C. 445; Humble V. Mitchell, 11 A. & E. 20.1; Knight v. Barber, 16 M. & W. 66. («) Stat. 23 & 24 Vict. c. 111. {b) Stat. 11 Geo. IV. & 1 Will. IV. c. 65, s. 32. (c) Stat. 16 & 17 Vict. c. 70, s. 140. OF PERSONAL ANNUITIES, STOCKS AND SHARES. 205 wise as the Lord Chancellor shall think fit {d). By another recent act it is provided, that, when stock shall be standing in the name of any infant or person of un- sound mind jointly with any person not under any legal disability, such person may alone give a power of attorney to receive the dividends (e). And generally the land or stock of any lunatic, in possession, reversion or expectancy, may be sold or mortgaged for the pay- ment of his debts, or for his maintenance and otherwise for his benefit (/)• When any person has an interest in stock standing in Distringas. the name of another he is enabled to restrain the transfer of such stock, or, as it is said, to put a stop upon it, by means of a writ of distringas, to be served upon the Bank of England. This writ appears to be in strictness a proceeding in a suit supposed to have been commenced by the party obtaining it against the Bank and the legal OAvner of the stock ; but in practice a suit is not com- menced, unless the right to stop the stock be disputed (^). This writ formerly issued only out of the equity side of the Court of Exchequer ; but when the equitable juris- diction of that court was transferred to the Court of Chancery, it was provided that a writ of distringas, in a prescribed form, should issue out of the latter court, the force and effect of which, and the practice relating to the same, shoidd be such as was previously in force in the Court of Exchequer (A). The writ commands the sheriff to distrain the Bank by their lands and chattels, so that they appear in court to answer a bill of com- plaint lately exhibited against them and other defendants by the person obtaining the writ. The object of the (d) Sect. 141. 12-14. (e) Stat. 8 & i) Vict. c. 97, (^) See Wilkinson on the Funds, s. 3. 235—252 ; Re Cross, 1 Drew. & (/) Stat. 16 & 17 Vict. c. 70, Sra. 580. s. 116; 25 & 26 Vict. c. 86, ss. (A) Stat. 5 Vict. c. 5, s. 5. 206 OF INCORPOREAL PERSONAL PROPERTY. Avrit is stated in a notice, which is served along with it, to be for the purpose of restraining any transfer of the stock in question until the order of the court be obtained. An appearance is accordingly entered by the Bank, and the transfer of the stock is thus delayed. When the distringas is required to be removed, an order of the com-t may be readily obtained for the dismissal of the supposed suit. It is sm-prising that a course by which a cestui que trust of stock may be so effectually pro- tected from any fi-audulent transfer by his trustee should not be more fr'equently adopted. Stock may be Stock, being a kind of chose in action, could not for- chaiged with merlv have been sold under a fieri facias issued in exe- debts. cution of a judgment against the owner [i). And, m fact, in the acts by which stocks were created, it was declared that they should not be taken in execution (A). But by the act for extending the remedies of creditors against the property of debtors (Z), it is provided that any judge of one of the superior courts of common law (m), on the appHcation of any judgment creditor, may order that any government stock of the debtor standing in his own name, or in the name of any person in trust for him, shall stand charged with the payment of the judgment debt and interest, and such order shall entitle the judgment creditor to all such remedies as he would have been entitled to if such charge had been made in his favour by the debtor ; but no proceedings are to be taken to have the benefit of such charge until after the expiration of six calendar months fi-om the date of such order (n). And by a subsequent act of (i) Dundas v. Dvtens, 1 Ves. (?«) Miles v. Presland, 4 Myl. jun. 198. & Cr. 431. (A) Barik of England v. Lunn, (n) See Watts v. Jefferyes, 3 15 Ves. 577. Mac. & Gord. 372; Watts v. Por- (Z) Stat. 1 & 2 Vict. c. 110, ter, Q. B., 1 Jur., N. S. 133; 3 E. s. 14. & B. 743; contra, Beavany. Earl OF PERSONAJL ANNUITIES, STOCKS AND SHAJRES. 207 parliament (o), this proA-ision is declared to extend to the interest of any judgment debtor, whether in posses- sion, remainder or reversion, and whether vested or con- tingent, as well in such stock as in the di%adends or annual produce thereof, and also to stock in which the debtor may be interested standing in the name of the accountant-general of the Couil of Chancery (/?). And in order to prevent any judgment debtor from disposing of the stock authorized to be charged, an order may be procured by the creditor, m the first instance ex parte, restraining the Bank of England fi-om pennitting a transfer of the stock until the order shall either be made absolute (that is, confirmed and continued) or discharged ; and no disposition of the judgment debtor in the mean- time is to be vahd or effectual as against the creditor. And the order will be made absolute if the debtor do not, Avithin a time mentioned in the order, show cause to the contrary (q). AVhen the debtor is entitled to the di^ddends of stock standing in the names of trustees, the order obtained by the creditor charging such divi- • dends will be binding on the trustees; but the Bank must still pay the di^ddends to the trustees as legal owners (r). The history of the law respecting the transmission of Transmission stock by will affords a cm-ious instance of the enact- ^]j*°*^ ments of the legislature having been virtually overruled by the decisions of the Coiu-t of Chanceiy. The acts by which the fimds were created provided, that any person possessed of stock might devise the same by will of Oxford, 6 De Gex, M. & G. Kay, 470; Mali/ v. Barrxj, L. E., 524, 525, 532; Scott \. Lord Hast- 3 Ch. Ap. 452, 456, 457. ings, 4 Kar & J. 633, 638; Cro7v (q) Stat. 1 & 2 Vict. c. 110, V. RoMtuon, L. E., 3 C. P. 264, s. 15. 267; Pickering t. Tlfracomhe {r) Churchill y. Bank of Eng- Baibvag Co., J..JI., 3 C.T.2S5, land, 11 Mee. & Wels. 323; 251. Bristead \. JMlkins, 3 Hare, (o) Stat. 3 & 4 Vict. c. 82, s. 1. 235 ; and see Taylor v. Turnhull, Se€ Hnlkes v. Day, 10 Sim. 41. 4 H. & X. 495. (^) See Warburtou v. Hill, 1 208 OF INCORPOREAL PERSONAL PROPERTY. in writing attested by two or more credible witnesses^ but that such de\'isee should receive no payment till so much of the will as related to the stock had been entered in the office at the Bank ; and in defaidt of such devise the stock shoidd go to the executors or administrators (5). The Court of Chancery however held, that as stock had been declared by parliament to be personal estate, it must, like all other personal estate, devolve, in the first instance, on the executor for payment of debts, even though it should have been specially bequeathed {t) ; and that the executor, having it in his hands by \artue of his office of executor, was bovmd after payment of debts to dispose of it according to the AA-iU of his testator, even although such Avill were unattested (m). For, pre- viously to the act for the amendment of the laws with respect to wills {x), a will of personal estate required no attestation. In effect, therefore, a person Avas enabled to bequeath his stock by a wtII unattested. AU wiUs, \\ . however, are no\ required to be attested by two wit- • ' nesses. And by a recent act of parhament the pro- visions of the old acts, which had virtually been dis- regarded, have been formally repealed ; and it is declared that the stock of a deceased person may be transferred by his executors or administrators, notAvithstanding any specific bequest or disposition thereof contained in the will ; but the Bank are not to be required to aUow of such transfer, or of the receipt of any dividend on the stock, until the probate of the avlU or the letters of ad- ministration shall have been fu-st left at the Bank for registration. And the Bank may require all the exe- cutors who shall have proved the will to concm- in the transfer (y). And the registry of specific bequests of (s) Stat. 1 Geo. I. stat. 2, c. 19, (m) Ripley y. Waterworth, 7 s. 12, and subsequent acts. Ves. 440; Franklin v. Bank of (t) Bank of England v. Mof- England, 575, 589. fatt, 3 Bro. C. C. 260; Bank of {x) Stat. 7 Will. IV. & 1 Vict. England v. Parsons, 5 Ves. 665; c. 26. Bank of England v. Lunn, 15 (y) Stat. 8 & 9 Vict. c. 97, Ves. 569. s. 1. OF PERSONAL ANNUITIES, STOCKS AND SIIAEES. 209 stock is no longer required, but merely tlie registry of the names of the deceased party, and of liis executors and administrators (r). The next kind of incorporeal personal property which Shares. we shall mention are shares in joint stock companies. Joint stock companies were formerly of two kinds, those which were incorporate, or made into corporations, and those Avliich were not so. Corporations are legal personages, always known by Corporations the same name, and preserving their identity through a ^°^^ ^^'^ aggre- perpetual succession of natural persons. They are either corporations sole, composed only of one person, such as a bishop, a parson, or the chamberlain of London ; or corporations aggregate, composed of many persons acting on all solemn occasions by the medium of their common seal («) ; and it is of such corporations that we are now about to speak. Such corporations may be created either by charter conferred by the queen's letters- patent, or by act of parliament. And, till a few years ago, all joint stock companies which had not obtained this expensive sanction were in fact private partnerships on an extended scale. In the present reign however, as we shall hereafter see, provision has been made for the incorporation of all public joint stock companies {b); but such companies as are incorporated by letters- patent or special act of parliament still enjoy peculiar privileges. These companies therefore first require notice. The natiu'e and incidents of shares in the joint stock Companies in- of companies incorporated by letters-patent or act of corporated by ^ i ./ 1 charter or act. (z) Sect. 2. Vict. c. 14, s. 23; 7 & 8 Vict. (a) See Bac. Abr., tit. Corpo- c. 113, partly repealed by stat. 20 rations ; 1 Black. Com. ch. 18. & 21 Vict. c. 49; all now repealed (J) Stat. 7 & 8 Vict. c. 110 ; by the Companies Act, 18G2, stat. partly repealed by stat. 20 & 21 25 & 26 Vict. c. 89. W.P.P. P 210 OF IXCORPOREAL PERSONAL PROPERTY. parliament have generally been determined by tlieir re- spective charters or acts of incorporation. And in the great majority of cases, and in all the modern charters and acts of incoi-poration, the shares are declared to be personal estate, and transmissible as such. In a few ot the older companies, of which the New River Company is an instance (c), the shares are real estate in the nature of incorporeal hereditaments. For the futui'c, however, all the provisions contained in special acts for the incor- poration of joint stock companies -vvdll, as far as pos- The Clauses sible, be the same. For an act of parliament has been Acte? ^^°^ passed "for consohdating in one act certain provisions usually inserted in acts vrith respect to the constitution of companies incorporated for carrying on undertakings of a public natm'e"(c?). Other acts have also been passed for consolidating certain provisions usually in- serted in acts authorizing the taking of lands for under- takings of a pubhc nature (e) ; in acts authorizing the making of railways {f); in acts for constructing or regulating markets and fairs (ff) ; in acts authorizing the making of gasworks for supplying towns with gas (A) ; or of waterworks for supplpng towns "^ath water (z) ; , in acts for the making and improving of harbours, docks and piers (A) ; in acts for paving, draining, cleansing, lighting and improving towns (Z) ; and in acts autho- rizing the making of cemeteries (tw). In each of these acts enactments are made vnth. respect to various matters (c) DrylniUer v. BartholomeK, c. 120; 27 & 28 Vict. c. 121 ; 30 & 2P. Wms. 127, 31 Vict. c. 127; 32 & 33 Vict. {d) Stat. 8 & 9 Vict. c. 16 ; c. Hi. extended by stat. 26 & 27 Vict. {g) Stat. 10 & 11 Vict. c. 14, c. 118; amended by stat. 32 & 33 (/;) Stat. 10 & 11 Vict. c. 15. Vict. c. 48. (0 Stat. 10 & 11 Vict, c, 17; (e) Stat. 8 & 9 Vict. c. 18 ; extended by stat. 26 & 27 Vict, extended by stat. 23 & 24 Vict. c. 93. c. 106, (A') Stat. 10 & 11 Vict. c. 27. (/) Stat. 8 & 9 Vict. c. 20 ; (0 Stat. 10 & 11 Vict. c. 34, extended by stat. 26 & 27 Vict, (w) Stat. 10 & 11 Vict. c. 65. c. 92. See also stats. 27 & 28 Vict, OF PERSONAL ANNUITIES, STOCKS AND SHARES. 211 usually contained in acts of incorporation for tlie above purposes ; and it is provided that tlie clauses and pro- visions of these general acts, save so far as tliey shall be expressly varied or excepted by any special act, shall apply to every undertaking which shall thereafter be authorized by act of parliament for any of the purposes above refeiTed to. A uniformity is thus given to the constitution of such companies, and the length of the acts of parliament required to establish them has been greatly diminished. A short title, for the convenience of reference, is given to each act. The act first men- tioned is called " The Companies Clauses Consolidation Act, 1845 " (n) ; the acts amending it are called " The Companies Clauses Act, 1863 "(o), and "The Com- panies Clauses Act, 1869 "(j?); and all the others have similar titles. The Companies Clauses Consolidation Act contains Companies provisions with respect to the distribution of the capital fo{|JIation°Act of the company into shares, which are to be personal 1845. estate, and transmissible as such (g) ; with respect to the transfer of shares, which must be by deed duly stamped, in which the consideration shall be truly stated (r), and which cannot take place until the trans- feror shall have paid all calls for the time being due on every share held by him (s) ; with respect to the trans- mission of shares by will, intestacy, marriage of a female &c. (f) ; with respect to the payment of calls {u), which (ri) Stat. 8 & 9 "Vict. c. 16, s. 4, Q. B. 998 ; Huhhersty v, 3fan- (o) Stat. 26 & 27 Vict. c. 118. chest er, Sheffield and Lincoln- ip) Stat. 32 & 33 Vict. c. 48. shire Railmnj Comjiany, 36 L. J., (^) Stat. 8 & 9 Vict. c. 16, s. 7. N. S., Q. B. 198. (r) Sect. 14. (0 Sects. 18, 19. (s) Sect. 16; Hall v. Norfolk (m) Sects. 21— 28; see Wolver- Estuary Company, Q. B., 16 Jur. hanipton New Waterworks Com- 149; Regina v. Londonderry and pany^'. Hawkesford, 6 C. B., N. S. Coleraine Bailway Company, 13 336. p2 212 OF IXCORPOREAL PERSONAL PROPERTY. may be made payable by instalments (v), and tlie for- feitm-e of shares for nonpayment of calls (w) ; with respect to the remedies of creditors of the company VI ^ ), general meetings (c), the appointment and rotation of directors (c?), the powers ie), proceedings and liabilities of the dii'ectors(/'), the ap- pointment and duties of auditors (^), the accountabihty of the officers of the company (/i), the keeping of ac- counts(e), the makingof di\'idends(A),andof byelaws(Z). the settlement of disputes by arbitration (??z), the gi^^ing of notices (??), the recovery of damages and penalties (o), and appeals with respect to such damages or penalties to the quarter sessions (z*) ; and, lastly, with respect to affi)rding access to the special act by all parties inter- ested (y). The provisions of the other acts are not of a natui'C to require enumeration. By a recent act of (v) Amiergate, ^-c. Baihvay (d) Sects. 81—89. Company v. Nor cliff e, 6 Ex. Eep. (e) Sects. 90, 91. G29. (/) Sects. 92—100; Wilson v. (w) Sects. 29 — 35. v. West Hartlepool Harhour and {x) Sect. 36. Railway Company, Lds. Js., 11 (?/) JDevereux v. Kilkenny, ^'C. Jur., N. S. 124. Eailway Company, 5 Ex. Eep. (^) Sects. 101 — 108. 834; EltcJdns v. Kilkenny, cfc. (h) Sects. 109 — 114. Mailway Company, 10 C. B. 160; (/) Sects. 115 — 119. Nixon V. Bromnlow, 3 H. & N. {k) Sects. 120—123. 686. (0 Sects. 124—127. {z) Stat. 8 & 9 Vict. c. 16, ss. (»t) Sects. 128—134. 38—55. («) Sects. 135-139. («) Sects. 56—60. (o) Sects. 142—158. (&) Sects. 61—64. Ip) Sects. 159, 160. (c) Sects. 66—80. {q) Sects. 161, 162. OF PERSOiSrAL ANNUITIES, STOCKS AND SHARES. 213 parliament provision lias been made for the exoneration from stamp dutj of transfers of bonds and mortgages given by public companies for money which by their acts of parliament they may be authorized to borrow on the original bond or mortgage being stamped in the first instance with three times the amount of the ad valorem duty over and above such duty (r). Joint stock companies which had not obtained letters- inconvenience patent or special acts of incorporation were formerly , "'^"^''^^nt subjected to very great inconvenience whenever they stock com- had occasion to take legal proceedings against any "^^^ person who happened to be a shareholder. And every shareholder in such companies was subject to. the Hke inconvenience Avhenever he had occasion to proceed against the company. For such a company, however extensive, was in law merely a partnership ; and a part- ner who owes money to the partnership of which he is a member, evidently owes a portion of it to himself ac- cording to his interest in the joint stock ; and in like manner a partner who is a creditor claims part of his demand against himself. In each case, therefore, an account must be settled before the exact debt or credit of the partner can be ascertained (5). In order to ob- viate the difficulties which thus arose, many joint stock companies obtained special acts of parliament, enabling them to sue and be sued in the name of some officer. And an act of parliament (t) was passed empowering Letters-patent. the crown to grant, by letters-patent, charters to com- panies for any trading or other purposes whatsoever, which, without incorporating such companies, would empower them to sue and be sued in the name of some officer appointed and registered for the purpose. This (r) Stat. 16 & 17 Vict. c. 59, (0 Stat. 7 Will. IV. & 1 Vict. s. 14. c. 73, repealing a former statute (s) See Richardson v. Banli of for a similar purpose, 4 & 5 Will. England, 4 My. & Cr. 165. IV. c. 94. 214 OF INCORPOREAL PERSONAL PROPERTY. Bankinc panics. act is still in force, and it contains a valuable provision, empowering tlie crown to limit, by the letters-patent, the liability of the individual members of the company for its engagements to a given extent per share (u). Bank- ing companies, whose shareholders are generally their customers, were peculiarly subject to the inconvenience above referred to in suing and being sued. Accordingly by modern statutes (.r), all such banking companies as consisted of more than six members were allowed to appoint some public officer who must sue and be sued on behalf of the company (y). More recently, however, two acts of parliament were passed, the one incorpo- rating public joint stock companies, the other for pro- viding for the incorporation of joint stock banks. Each of these acts require some notice. Joint Stock Companies Registration Act. The first act was intituled " An Act for the Registra- tion, Incorporation and Regulation of Joint Stock Com- panies "(^r). This act applied to every joint stock com- pany estabhshed for any commercial purpose, or for any purpose of profit («), or for the pm-pose of insm-ance (except banking companies, schools and scientific and literaiy institutions, and friendly, loan and benefit build- ing societies duly certified and enrolled imder the statutes in force respecting such societies (Z*)) ; and the term *' joint stock company " comprehended every partnership whereof the capital was di\dded or agreed to be divided into shares, and so as to be transferable without the ex- press consent of all the copartners; and also every insu- 00 Stat. 7 Will. IV. & 1 Vict. c. 73, s. 4. (») Stats. 7 Geo. IV. c. 46, s. 9 ef seq.; 1 & 2 Vict. c. 9C; extended, 3 & 4 Vict. c. Ill ; made pei-petual, 5 & 6 Vict. c. 85; 27 & 28 Vict. c. 32. (y) ClMpman v. Mllroin, .5 Ex. Eep. Gl; Steward v. Greaves, 10 Mee. & Wels. 711. (--) Stat. 7 & 8 Vict. c. 110, amended by stat. 10 & II Vict, c. 78. {(t) See Tlic Qveen v. T17;/Y- marsli, 15 Q. B. GOO; Bear v. Bromley, 21 L. Joiir. Q. B. 354; 18 Q. B. 27L (b) See post, p. 230. OF PERSONAL ANNUITIES, STOCKS AND SHARES. 215 i-ance company ; whether of lives, ships, or against fire or storm ; and every company for granting or pm-chasing annuities on lives; and every friendly society insuring to an amomit exceeding 200/. upon one life or for any one person ; and also every partnership which at its forma- tion, or by subsequent admission (except any admission consequent on devolution or other act of law), should consist of more than twenty-five members. But the act did not apply to companies incorporated by statute or charter, nor to companies authorized to sue and be sued in the name of some officer or person (c). This act, however, has since been repealed {^d). It provided for Now repealed. the establishment of a registry office, in which the name Registry office. and business of every projected company, together with the names, occupations and places of business and resi- dence of the promoters of the company, were required to be registered before they could proceed to make public, whether by way of prospectus, handbill or advertise- ment, any intention or proposal to form the company (e). Further particulars were also to be registered as they should be decided on fi.'om time to time (/). This re- gistration, however, only enabled the company to act provisionally, and it was therefore termed provisional Provisional registration. And before the company could act other- registration. wise than provisionally, it was required to obtain a cer- tificate of complete registration. This certificate could Complete only be obtained on production of a deed of settlement registration. of the company, according to the form set forth in the act, signed by at least one-fourth in number of the per- sons who at the date of the deed had become subscribers, and who should hold at least one-fourth of the maximum number of shares in the capital of the company (^). {c) Sect. 2. Jur., N. S. 804; 16 C. B. 277. (d) Stat. 25 & 26 Vict. c. 89. (/) Stat. 7 & 8 Vict. c. 110. {e) Stat. 7 & 8 Vict. c. 110, s. 4. s. 4; 10 & 11 Vict. c. 78. ss. 4, See also stat. 10 & 11 Vict. c. 78, 5, 6. s. 7; AUott V. Bogers, C. P. 1 (j3) Stat._7 & 8 Vict. c. 110, s. 7. 216 OF INCORPOREAL PERSONAL PROPERTY. This deed yvas, required to be certified by two dii-ectors of tlie company in a given form, and along with it was to be produced a complete abstract or index of the deed, together wdtli a copy of it for registration. Provision was also made for the registration, half-yearly or oftener, of all transfers of shares, and of changes in the names of the shareholders (h), and for an annual return of the name and business of every company (?'). On complete Incorporation, registration being certified the company became incor- porated (^) as fi'om the date of the certificate, by the name of the company as set forth in the deed of settle- ment, with power to have a common seal, l)ut on which was to be inscribed the name of the company, and with other powers necessary to the conduct of their affairs (Z), including a power to hold lands on obtaining a licence for that purpose firom the Board of Trade (w). Provi- sion was also made for the registiy of joint stock com- panies then existing, and for the alteration of their deeds of settlement in order to comply with the pro^d- sions of the act (n). The transfer of shares was required to be effected by deed in a given form, to be duly stamped, and in which the full amount of the pecuniary consideration for the sale was to be truly expressed (o). But no sale or mortgage of any share was valid until the company had obtained a certificate of complete re- gistration and the subscriber had been duly registered as a shareholder in the Begistry Office ( p) ; and no transfer could be made if the transferor should not then have paid up the full amount due to the company on every share held by him, unless there were a pro\asion to the contrary in the deed of settlement (q). Share- 7 & 8 Vict. c. 110, Existing com' panics. Transfer of shares. Liability of shareholders. (7i) Stat, ss. 11—13. (0 Sect. 14. (^) Baniven Iron Company v. BarneU, 8 C. B. 406. (J) Stat. 7 & 8 Vict. c. 110, s. 25. (m) Stat. 10 & 11 Vict. c. 78,. ss. 1, 2, 3. («) Sects. 58, 59, (o) Sect. 54. {p) Sect. 26; Ex pa/rte Neil- son, 3 De Gex, M. & G. 556. {q) Sect, 54. OF TERSOXAL AXXUITIES, STOCKS AND SHARES. 217 liolders in these companies were liable to the creditors of the company, if such creditors had used due diligence to obtain satisfaction by execution against the property of the company ; but after the expiration of three years next after any person shoidd have ceased to be a share- holder, his liability ceased (r). The act which provided for the incorj^oration of Banking corn- banking companies was intituled " An Act to regulate l^*^"^*^""- Joint Stock Banks in England'' (s). This act has now Repeal of act. been repealed (if). The incorporation effected under the pro\4sions of this act was by letters-patent, obtained, on petition, from the crown. The petition was referred to the Board of Trade, on whose report a charter was granted to the company {u) for a term not exceeding twenty years (x). Other provisions were also made for the registration of the company, the transfer of shares, the Hability of shareholders, and other matters which it is now xmnecessary to state. The main object of the two statutes above referred to Objects of was evidently to give publicity to the names of the real promoters and shareholders of joint stock companies, so that the public might know with whom they were dealing, and that those who reaped the benefit of such imdertakings might also bear their proper share of the risk. Another object was to recognize, as legal per- sonages, bodies which before had a legal existence, but had no convenient means of acting or of being acted on. In the same spirit another act of parliament was Bankraptcy passed in the same session, " for facihtating the winding- compaiifs?^^ up the affairs of joint stock companies unable to meet (r) Sects. G6— 68; Greenwood's (t) Stat. 25 & 26 Vict. c. 89. case, 3 De Gex, M. & G. 459, 478 ; 00 Stat. 7 & 8 Vict. c. 113, s. 3. S. C. 18 Jur. 387. («) Sect. 6. (s) Stat. 7 & 8 Vict. c. 113. 218 OF IXCORPOREAL, PEESOXAL PEOPERTY. "Winding-up acts. tlieir pecuniary engagements" (3/). Bj tliis act all in- corporated or pri\-ileged companies for any commercial or trading purposes, including banking companies (z), and also all joint stock companies mtliin tlie definition contained in the act for their incorporation {a), were made liable to bankruptcy in the same manner as pri- vate individuals ; but the bankruptcy of the company was not to be construed to be the bankruptcy of any member of the company in his individual capacity (b). This act, however, was almost entirely superseded by the " Joint Stock Companies Winding-up Act, 1848"(c), as amended by the Joint Stock Companies Winding-up Amendment Act, 1849" (d), under which an official manager was appointed, and a list of contri- butories made out, on whom calls were made from time to time for payment of the debts and liabilities of the company. These acts again did not apply to com- panies registered under the " Joint Stock Companies Act, 1856 " (e), by which act, as several times amended (f), joint stock companies were regulated, until the passing of the " Companies Act, 1862" (p). This act has repealed and consolidated all the former acts relating to joint stock companies. The Limited Liability Act, 1855. An act of parliament was passed in 1855 for limiting the liability of members of certain joint stock com- panies (A). Under this act any joint stock company to (y) Stat. 7 & 8 Vict. c. Ill, amended by stat. 20 & 21 Vict. c. 78. (z) Stat. 7 & 8 Vict. c. 1 13, s. 48. la) Stat. 7 & 8 Vict. c. 110, s, 2; ante, p. 214. (b) Stat. 7 & 8 Vict. c. Ill, s. 2. (c) Stat, n & 1 2 Vict. c. 45. id) Stat. 12 & 13 Vict, c, 108, amended by stat. 20 & 21 Vict. c. 78; and see as to Eailways, stat. 13 & 14 Vict. c. 83. (e) Stat. 19 & 20 Vict. c. 47, s. 108. (/) Stat. 20 & 21 Vict. c. 14; 20 & 21 Vict. c. 49; 21 & 22 Vict, c. GO; 21 & 22 Vict. c. 91. (ff) Stat. 25 & 26 Vict. c. 89; Amended by stat. 30 & 31 Vict. c. 131. (70 Stat. 18 & 19 Vict. c. 133. OF PERSONAL ANNUITIES, STOCKS AND SHARES. 219 be formed under the act 7 & 8 Vict. c. 110, other than an assm-ance company, with a capital to be divided into shares of a nominal value of not less than lOZ. each, might obtain a certificate of complete registration with limited liability, upon complying with certain condi- tions. With reference to this act it was remarked in the tliird edition of the present work (i), that it seems that all that can noAV be expected of an act of parlia- ment is to introduce a principle to be worked out by subsequent amendments ; and that it was to be hoped that the principle of limited hability then introduced might by some future act be both more widely extended and more accurately apphed. Tliis was afterwards done by the Joint Stock Companies Acts, 1856(A), and 1857 (/), and the Joint Stock Banking Companies Act, 1857 (m), as amended by subsequent acts(w), all of which are now repealed and consolidated by the Companies Act, 1862 (o), as amended by the Com- panies Act, 1867 (7)). Under these acts seven or more persons associated Companies for any lawM pui-pose, may by subscribing their names andlsGT." to a memorandum of association, and otherwise com- plying mth the requisitions of the acts in respect of registration, form an incorporated company, with or without Hmited liability (q). But no banking company claiming to issue notes in the United Kingdom shall be entitled to hmited liabihty in respect of such issue (r). Not more than ten persons may cany on the business of banking as partners, unless they are registered under this act, or are formed in pursuance of some other act of (;) Pp. 182, 183. c. 91. (/O Stat. 19 & 20 Vict. c. 47. («) Stat. 25 & 2G Vict. c. 89. (Z) Stat. 20 & 21 Vict. c. 14. ip) Stat. 30 & 31 Vict. c. 131. (w) Stat. 20 & 21 Vict. c. 49. (-/) Stat. 25 & 26 Vict. c. 89, (m) Stat. 20 & 21 Vict. c. 80; s. G. 21 & 22 Vict. c. GO; 21 & 22 Vict. (r) Sect. 182. 220 OF IXCORPOREAL PERSONAL PROPERTY. Liabilit}' may be limited. parliament or of letters-patent ; and no partnership con- sisting of more than twenty persons can now be formed for the purpose of carrjdng on any other business that has for its object the acquisition of gain by the partner- ship or by the indi\'idual members thereof, unless it be registered as a company under this act, or be formed in pursuance of some other act of parliament, or of letters patent, or be a company engaged in working mines within and subject to the jiu'isdiction of the Stanna- ries (s). The liability of the members of a company formed under this act may, according to the memo- randum of association, be limited either to the amount, if any, impaid on the shares respectively held by them, or to such amount as the members may respectively undertake by the memorandum of association to con- tribute to the assets of the company in the event of its being wound up (t). In the former case, the company is said to be limited by shares ; and in the latter, to be Company may limited by guarantee. And the Companies Act, 1867, wkhiSmS ^^^ provides, that the liabihty of the directors or liability. managers, or managing director of a limited company, may, if so provided by the memorandum of association or fixed by special resolution, be milimited (u). Memorandum of association of company limited by shares. The memorandum of association of a company Hmited by shares must contain the following things : — 1. The name of the company with the addition of the word " limited," as the last word of such name. 2. The part of the United Kingdom in wliich the registered office of the company is proposed to be situate. 3. The objects for which the company is to be established. (s) Stat. 25 & 26 Vict. c. s. 4. (f) Sect. 7. (w) Stat. 30 & 31 Vict. c. 131, ss. 4—8. OF PERSONAL ANNUITIES, STOCKS AND SHARES. 221 4. A declaration, that the habihty of the members is hmited. 5. The amount of capital with which the company proposes to be registered, divided into shares of a certain fixed amoimt ; subject to the following regulations : — 1. That no subscriber shall take less than one share. 2. That each subscriber of the memorandum of association shall write opposite to his name the number of shares he takes (x). When the company is limited by guarantee, its memo- Memorandum randum of association must contain the first three of ^^ company" the above-mentioned requisites ; and, (4), a declaration, limited by that each member undertakes to contribute to the assets of the company, in the event of the same being- wound up during the time that he is a member, or within one year afterwards, for payment of the debts and liabihties of the company conti'acted before the time at which he ceases to be a member, and of the costs, charges and expenses of winding up the com- pany, and for the adjustment of the rights of the contributories amongst themselves, such amount as may be requu'ed, not exceeding a specified amount (y). If no Hmit be placed on the liability of the members Memorandnm the company is called an unhmited company, and its memorandum of association must contain only the fol- company, lowing things : — 1. The name of the company. 2. The part of the United Kingdom in which the registered office of the company is proposed to be situate. (a?) Stat. 25 & 26 Vict, c. 89, (y) Sect, 9. s. 8. of association of unlimited 222 OF INCORPOREAL PERSONAL PROPERTY, 3. Tlie objects for wliicli tlie company is to be established {z). Effect of memorandum of association. No alteration to be made. Exception. Name may be changed. Power to com- pany to reduce capital. Subdivision of shares. The memorandum of association must bear the same stamp as if it were a deed, and must be signed by each subscriber in the presence of and be attested by one witness at the least. When registered, it binds the company and the members thereof to the same extent as if each member had subscribed his name and affixed his seal thereto, and there were contained in the memo- randum a covenant on the part of himself, his heu'S, executors and administrators, to observe all the con- ditions of such memorandum, subject to the provisions of the act {a). No alteration can be made by any com- pany in the conditions contained in its memorandum of association ; except that a company limited by shares may increase its capital by the issue of new shares of such amount as it thinks expedient, or may consohdate and divide its capital into shares of larger amount than its existing shares, or convert its paid-up shares into stock (b) ; and except that any company may, with the sanction of a special resolution of the company as after mentioned, and -with the approval of the Board of Trade, change its name ; but such change will not affect any of the rights or obhgations of the company (c). And the Companies Act, 1867, now empowers any company limited by shares to modify by special resolution the conditions of its memorandimi of association so as to reduce its capital, pro\dded the sanction of the com-t be obtained (c?). The same act also empowers any com- pany limited by shares to divide its capital or any part thereof into shares of a smaller amount than originally, fixed by its memorandum of association ; provided that (c) Stat. 25 & 2G Vict. c. 89, s. 10. (a) Sect. 11. (J) Sect. 12. (c) Sect. 13. [d) Stat. 30 & 31 Vict. c. 131, ss. 9—20. OF PERSONAL ANNUITIES, STOCKS .iND SHARES. 223 the proiDortion between tlie amount wliicli is paid, and the amount (if any) which is unpaid, on each share of reduced amount, shall be the same as it Avas in the case of the existing share or shares from which the share of reduced amount is derived (e). The memorandum of association may in the case of a company limited by shares, and must in the case of a company limited by guarantee or unlimited, be accom- panied, when registered, by articles of association signed Articles of by the subscribers to the memorandum of association, ^^^^^''^ ^°"* and prescribing such regulations for the company as the subscribers shall deem expedient. These articles must be expressed in separate paragraphs numbered arith- metically. The act contains a Table marked A, in the first schedule thereto, of provisions, all or any of which may be adopted in the articles of association {f). The regulations contained in this Table will, if not excluded or modified by the articles, be deemed, so far as they are applicable, to be the regulations of every company Hmited by shares (y). The articles of association must be printed and stamped as if they were contained in a deed, and must be signed and attested in the same manner as the memorandum of association ; and when registered, they bind the company and the members thereof to the same extent (A). The memorandum and Eegistration, articles, if any, are to be registered by the registrar of joint-stock companies {i) ; and thereupon the company is incorporated, with power to hold lands ; and a cer- Company in- tificate of the incorporation of any company given by ^orporated. the registrar shall be conclusive evidence that all the requisitions of the act in respect of registration have been complied with {k). No company formed for the (e) Stat. 30 & 31 Vict. c. 131, ((/) Sect. 15. s. 21. (/;.) Sect. 16. (/) Stat. 25 & 26 Vict. c. 89, (i) Sect. 17. s. 14. {k) Sect. 18. 224 OF IXCORrOEEAL PERSONAL rEOPERTY, Shares per- sonal estate. Register of members. Certificate of shares or stock. Register evidence. purpose of promoting art, science, religion, charity or any other like object, not involving the acquisition of gain by the company, or by the indi\adual members thereof, shall, without the sanction of the Board of Trade, hold more than two acres of land : but the Board of Trade may, by Hcence under the hand of one of their principal or assistant secretaries, empower any such company to hold lands in such quantity and sub- ject to such conditions as they think fit (Z). All shares are to be personal estate (m). Every company is re- quired to keep a register of its members (;z) ; and every company having a capital divided into shares is required to make out an annual list of its members, with other particulars, and to forward a copy thereof to the regis- trar of joint-stock companies {o). No notice of any trust, expressed, implied or constructive, is to be entered on the register (j9 ). And a certificate under the common seal of the company, specifying any shares or stock held by any member, is j^rimd facie evidence of his title to the shares or stock therein specified (5'). And the register of members is prima facie evidence of any matters by the act directed or authorized to be inserted therein (r). Registered office. Name of limited com- pany to be painted up, &c. Every company is bound by the act to have a regis- tered office, to which all commimications and notices may be addi-essed {s). And eveiy limited company must keep its name painted or affixed on the outside of every office or place of business of the company, in a conspicuous position, in letters easily legible, and must have its name engraven in legible characters on its seal, and must have its name mentioned in legible characters (0 Stat. 25 & 2G Vict. c. 89, (i?) Sect. 30. s. 21. (!?) Sect. 31. (w) Sect. 22. (?•) Sect. 37. in). Sect. 25. (•*') Sect. 39. {(>) Sect. 2G. OF PERSONAL ANNUITIES, STOCKS AND SHARES. 225 in all notices, advertisements, bills, notes, indorsements, cheques, orders for money or goods on behalf of the company, and in all bills of parcels, invoices, receipts and letters of credit of the company (t). But associa- tions not for profit may, by licence of the Board of Trade, be registered with limited liability, without the addition of the word limited to their names (u). Every Eegister of T 1 • , r ^^ mortgages. limited company is requu-ed to keep a register ot all mortgages and charges specifically affecting property of the company (.r). And every limited banking com- pany, and every insurance company, and deposit, pro- vident or benefit society under the act, is required before it commences business, and afterwards on the first Monday in February and the first Monday in August in every year, to make a statement of its capital, lia- bilities and assets in a given form, to be put up in a conspicuous place in the office of the company (y). Subject to the provisions of the act, and to the con- Power to alter ditions contained in the memorandum of association, gpfciaT^^"^^ ^ any company formed under the act may, in general resolution. meeting, from time to time, by passing a special reso- lution in manner after mentioned, alter all or any of the regulations of the company contained in the articles of association, or in the Table marked A. in the first sche- dule, where such table is applicable to the company ; or make new regulations to the exclusion of or in addi- tion to all or any of the regulations of the company ; and any regidations so made by special resolution shall be deemed to be regulations of the company of the same validity as if they had been originally contained in the articles of association, and shall be subject in like manner to be altered or modified by any subsequent (i) Stat. 25 & 26 Vict. c. 89, (x) Stat. 25 & 26 Vict. c. 89, s. 41. s. 43. (u) Stat. 30 & 31 Vict. c. 131, (y) Sect. 44. s. 23. w.p.p. Q 226 OF INCORPOREAL PERSONAL PROPERTY. A special special resolution (z). A resolution passed by a com- pany under the act is deemed to be special whenever a resolution has been passed by a majority of not less than tln-ee-fourths of such members of the company for the time being entitled, according to the regulations of the company,, to vote as may be present, in person or by proxy (in cases where by the regulations of the company proxies are allowed), at any general meeting of which notice specifying the intention to propose such resolution has been didy given ; and such resolution has been confhmed by a majority of such members for the time being entitled, according to the regulations of the company, to vote as may be present, in person or by proxy, at a subsequent general meeting, of which notice has been duly given, and held at an interval of not less than fourteen days, nor more than one month from the date of the meeting at which such resolution was first passed : At any such meeting, unless a poll is demanded by at least five members, a declaration of the chairman that the resolution has been carried shall be deemed conclusive eiddence of the fact, without proof of the number or proportion of the votes recorded in favour or against the same. Notice of any such meeting shall be deemed to be didy given, and the meeting to be duly held, whenever such notice is given and meeting held in manner prescribed by the regulations of the com- pany. In computing the majority when a poll is de- manded, reference shall be had to the number of votes to which each member is entitled by the regulations of the company («). A copy of every special resolution must be printed and registered {b), and must be an- nexed to or embodied in every copy of the articles of association that may be issued after the passing of such resolution (c). {z) Stat. 25 & 20 Vict. c. 89, (?j) Sect. 53. .s. 50. {■<•) Sect. 54. (a) Sect. 5L OF PERSONAL AN-NTJITIES, STOCKS AND SHARES. 227 Contracts on belialf of any company may be made Contracts, bow as follows : — (1.) Any contract wliicli, if made between private persons woidd be by law required to be in writing, and if made according to English law to be under seal, may be made on behalf of the company in writing under the common seal of the company, and such contract may be in the same manner varied or discharged. (2.) Any contract Avhich, if made between private persons would be by law required to be in wi-iting and signed by the parties to be charged therewith, may be made on behalf of the company in writing signed by any person acting under the express or implied authority of the company, and such contract may in the same manner be varied or discharged. (3.) Any contract, which, if made between private persons would by law be valid, although made by parol only and not reduced into waiting, may be made by parol on behalf of the com- pany by any person acting imder the express or implied authority of the company, and such contract may in the same way be varied or discharged {d). Shares in joint stock companies are transferred by Transfer of deed registered at the office of the company. But the Companies Act, 1867, provides, in the case of a com- pany limited by shares, for the issue of share warrants Share war- mth respect to shares fully paid up, or wdth respect to ^■''^"'^'^• stock (e) ; and these warrants entitle the bearer to the shares or stock specified in them, and such shares or stock may be transferred by delivery of the share war- rant (/). Cd) Stat. 30 & 31 Vict. c. 131, (c) Sects. 27—33. s. 37. (/) Sect. 28. Q 2 tories. 228 OF IXCORPOEEAL PEESONAL PEOPEETY. Winding-np. Provision is made for the Avinding-up of Joint Stock Companies either by the court (g) or vokintarily (Ji) ; and if vokmtarily, the Avinding-up may by the order of the court be subject to its super\dsion {i). The court to which this jurisdiction is given is the Court of Chan- cery, except in the case of mines subject to the juris- diction of the Stannaries ; but where the Court of Chan- cery makes an order for winding up a company under the act, it may, if it think fit, direct all subsequent proceedings for winding up the same to be had in the Liquidators. County Comi;(/^). The winding-up is effected by liqui- dators appointed for that pm-pose, and who if appointed Contribn- by the court are styled official liquidators {T). All persons liable to contribute to the assets of a company under the act, in the event of its being wound up, are called contributories {m). The liability of contribu- tories is regvdated by the following rules (w) : — 1. No past member shall be liable to contribute to the assets of the company, if he has ceased to be a member for a period of one year or upwards prior to the commencement of the winding-up : 2. No past member shall be liable to contribute ^in respect of any debt or hability of the company contracted after the time at which he ceased to be a member : 3. No past member shall be liable to contribute to the assets of the company unless it appears to the court that the existing members are unable to satisfy the contributions requu-ed to be made by them in pursuance of the act : 4. In the case of a company limited by shares, no {g) Stat. 25 & 26 Vict. c. 89, (Ji) Stats. 25 & 26 Vict. c. 89, s. ss. 79—128. See also stat. 30 & 81 ; 30 & 31 Vict. c. 131, ss. 41, 42. 31 Vict. c. 131, s. 40. (Z) Stat. 25 & 26 Vict. c. 89, (70 Stat. 25 & 26 Vict. c. 89, ss. 92—97, 133—144. ss. 129-146. (to) Sect. 74. ((■) Sects. 147—152. («) Sect. 38. OF PERSONAL ANNUITIES, STOCKS AND SHAKES. ^-9 contribution sliall be required from any member exceeding the amount, if any, unpaid on the shares in respect of which he is hable as a pre- sent or past member : 5. In the case of a company limited by guarantee, no contribution shall be required from any member exceeding the amount of the undertaking en- tered into on his behalf by the memorandum of association : 6. Nothing in the act contained shall invalidate any provision contained in any policy of insurance or other contract, whereby the liability of indi\adual members upon any such policy or conti-act is restricted, or whereby the funds of the company are alone made liable in respect of such policy or contract : 7. No sum due to any member of a company, in his character of a member, by way of dividends, profits or otherwise, shall be deemed to be a debt of the company payable to such member in a case of competition b.etween himself and any other creditor not being a member of the com- pany ; but any such sum may be taken into ac- count for the purposes of the final adjustment of the rights of the contributories amongst them- selves. Acts have since been passed to enable joint-stock The Com- companies carrying on business in foreign countries to J^'^^J^isw!''' have official seals to be used in such countries (o), and to enable certain companies to issue mortgage debentures The Mortgage founded on secmities upon or affecting land, and to make Act,^1865! provision for the registration of such mortgage de- bentures and securities (p). (o) Stat. 27 Vict. c. 19. (j^) Stat- 28 & 29 Vict. c. 78. 230 OF INCOEPOREAL PERSONAL PROPERTY. Sale of shares Shares in joint stock companies are not goods, ivares Statute of ^^"^ or merchandize mtliin tlie 17tli section of the Statute of Frauds, Frauds ; so that they do not require a ^vritten memo- randum for a conti-act for their sale, when the value exceeds 10/., and the buyer does not accept and receive any part, nor give something in earnest to bind the bargain or in part-payment {q). And such shares were not considered to be stock within the meaning of the Stock Jobbing Act above mentioned and now re- Shares in joint pealed (r). Bvit the sale of shares in joint stock banks stock banks. jg ^^^ ^qj^j unless the contract shall set forth in writing the numbers of the shares in the registry of the company, or, Avhere there is no register by distinguishing numbers, then the names of the registered proprietors of the shares at the time of making the contract (5). Friendly Several acts of parhament have been passed for the societies. encouragement of friendly societies, for the mutual re- lief of their members and their families in case of sick- ness, old age, death, or other contingencies {t) ; all of wliich are now consohdated into one act (u). The rules of these societies are required to be certified by the re- gistrar of friendly societies, and in whose custody a transcript of the rules of every fi:^endly society is now required to be kept {x). And it is now provided that {q) HumUcy. Mitchell, 11 Ad, Vict. c. 65; 16 & 17 Vict. c. 123 ; & Ell. 205; Kniglit v. Barler, 16 17 & 18 Vict. c. 101, M. & W, 66; Bomlby v. Bell, 3 («) Stat. 18 & 19 Vict, c, 63, C, B. 284, See ante, p. 40. amended by stats. 21 & 22 Vict, (r) Hewitt \. Price, 4 Man. & c. 101; 23 & 24 Vict. c. 58; 30 & Gr, 355; Williams v. Ti/re, 18 31 Vict. c. 117, and 32 & 33 Vict. Beav, 366; ante, p. 203, c, 61. (s) Stat. 30 Vict, c. 29, (x) Stat, 18 & 19 Vict, c. 63, s. (t) Stat, 10 Geo. IV. c. 56, 2Q. A transcript of the rules was amended by 4 & 5Will. IV, c. 40; formerly required to be inrolled 3 & 4 Vict, c. 73 ; 9 & 10 Vict, c, with the clerk of the peace, Stat. 27; 13 & 14 Vict. c. 115; 15 & 16 4 & 5 Will. IV. c. 40, s, 4. OF PERSONAL ANNUITIES, STOCKS AND SHARES. 2:M the registrar of friendly societies shall not grant any cer- tificate to any society assuring to any member thereof a certain annuity or superannuation, deferred or imme- diate, unless the table of contributions payable for such kind of assurance shall have been certified under the hand of the actuary to the commissioners for the reduc- tion of the national debt, or by an actuary to some life assurance company in London, Edinburgh, or Dublin who shall have exercised the profession of actuary for at least five years (y). On the death or removal of any trustee of one of these societies, the whole property of the society vests in the succeeding trustee for the same estate and interest as the former trustee had therein, and subject to the same trusts, without any assignment or conveyance whatever, except the transfer of stock and securities in the public fimds (z). And on the death, bankruptcy or insolvency of any officer of any such society, or on any execution issuing against him, or on his making any assignment or conveyance for the benefit of his creditors, the money or effects in his hands belonging to the society are to be paid over and de- livered to the society before any other of his debts are paid (a). Acts of parHament have also been passed Industrial and to legahze the formation of industrial and provident gociltier societies for carrying on trades or handicrafts in com- mon (A), and many of the provisions which relate to friendly societies apply also to these institutions (c). Loan societies are regulated by another act of par- Loan societies. liament, which, after having been long periodically continued, is now made perpetual (d). Other acts of Savings banks. (y) Stat. 18 & 19 Vict. c. 63, 25 & 26 Vict. c. 87, amended by s. 26. Stat. 30 & 31 Vict. c. 117. (z) Sect. 18. (c) Stats. 25 & 26 Vict. c. 87, (a) Sect. 23. s. 15; 30 & 31 Vict. c. 117, s. 3. (&) Stat. 15 & 16 Vict. c. 31, (d) Stat. 3 & 4 Vict. c. 110, amended by stats. 17 & 18 Vict. made perpetual by stat. 26 & 27 c. 25, and 19 & 20 Vict. c. 40; re- Vict. c. 56. pealed and consolidated by stat. 232 OF INCORPOREAI. PERSONAL PROPERTY. Post office savings banks. parliament have recently been passed for tlie regula- tion of sa\-ings banks (e) ; and particularly for the establishment of savings banks in connexion with the post-office (/), — banks which, having the security of a government guarantee, are a great boon to the poorer classes. Building An act of parliament also exists for the regulation societies. ^^ benefit building societies ((/). The ftmds of these ^ • societies are raised by monthly contributions of the " '^ ">' >• f^-.*-/^ members, which must not exceed 20s. per share, and y^ . ^ > ^^ j^ t)v fines for non-payment. The shares must not exceed ►---^v^ -y^' the value of 150/. each; but any member may hold " more than one share (A). When the amount of the y^' *-^'^^ *^ ^ shares has been reahzed, the money is divided amongst * '<(^Wc Jo a. the members, and the society is dissolved. Such /y/^//'^ ^ri_^fc members, however, as may A^dsh to buy land or to _, ^^ ^^«fbuild, may receive the amount of their shares in ad- ^y 7^ vance on payment of an additional subscription by way of interest, and also on payment of a bonus for the advance, which of course is deducted from the amount of the share advanced. This bonus is usually deter- mined by competition amongst the members, the shares to be paid in advance being put up by auction by the society ; and the subscriptions and fines to become due in respect of the advanced shares are then secured to the society by the purchasers, by mortgage of land or Stamp duty. houses of sufficient value {%). These mortgages are not (e) Stat. 26 & 27 Vict. c. 87. (/) Stats. 24 Tict. c. 14; 26 Vict. c. 14, and 32 & 33 Vict. c. 59. (^) Stat. 6 & 7 Will. IV. c. 32. (Jh) Morrison v. Glover, 4 Ex. Rep. 430. (i) See 3Iosley v. BaTier, 6 Hare, 87; 3 De Gex, M. & G. 1032; Boe d. Morrison, v. Glover, 15 Q. B. 103 ; Seagrave v. Pope, 1 De Gex, Mac. & Gord. 783; Fleming v. Self, Kay, 518 ; 3 De Gex, Mac. & Gord. 997; Farmer v. Smith, 4 H. & N. 196; Sparrow v. Farmer, 26 Beav. 511; Smith v. Pilkington, 1 De Gex, F. & J. 120. OF PERSONAL ANNUITIES, STOCKS AND SHARES. 233 liable to stamp duty (k), provided they be made by a member for securing the repayment to the society of money not exceeding five hundred pounds ; but in other cases the stamp duty now attaches (Z). These mort- gages were also exempt from any of the forfeitures or penalties formerly in force against usury (m). And a receipt for the monies secured, indorsed by the tiTistees of the society upon any such mortgage, vests the estate comprised in the security in the person entitled to the equity of redemption, without any reconveyance (/^). Under cover of the Building Societies Act, many Freehold land societies called jQ-eehold land societies have been estab- ^^^^^ ^°^' lished for the pm-pose of buying freehold land and selling it again in lots to the different members; but these societies are not witliin the scope of the building and fi-iendly societies acts, and can only be certified as such by the concealment of their real object (o). An act has also been passed for facilitating the The Labourers erection of dwelling-houses for the labouring classes (p), V^lf^^^^ '^^^' under which any number of persons, not less than six, may by subscribing articles of association form them- selves into a company for the purposes of the act. The articles are to be in a given form, and to be registered by the registrar of joint stock companies. And the Companies Clauses Consolidation Act, 1845, is incor- porated into the act, the articles of association being deemed the special act. The provisions above referred to for charging the Judgment debts. (k) Walker v. Giles, 6 C. B. 28 Beav. 68 ; Pearse v. Jackson, 662; Williams v. Hay ward, 22 Law Rep., 3 Ch. Ap. 576. Beav. 220. (o) See Grimes v. Harrison, (I) Stat. 31 & 32 Vict. c. 124, 26 Beav. 433; Hughes v. Layton, s. 11. Q. B., 10 Jur., N. S. 513. (wt) Stat. 6 & 7 Will. IV. c. 32, (^) Stat. 18 & 19 Vict. c. 132. s. 2. See also stats. 29 Vict. c. 28 ; 30 (n) Sect. 5 ; Prosser v. Price, Vict. c. 28, and 31 & 32 Vict.c. 130. 234 OF INCORPOREAL PERSONAL PROPERTY. stock of any debtor with the pa}Tnent of any judgment debt (q), extend to stock and shares in any j)uhUc com- pany in England, whether incorporated or not (r). Tatcuts. The prerogative of the crown in the grant of letters- patent is frequently exercised not only for the incor- poration of joint stock companies, but also for con- fen-ing on private individuals certain exclusive rights and privileges. These rights, called patents fi*om the letters-patent wliich confer them, will be considered in the next chapter. {q) Ante, p. 206. 14. See Nlcholls v. Rosewarne, (r) Stat. 1 & 2 Vict. c. 110, s. 6 C. B., N. S. 480. ( 235 ) CHxVPTER II. OF PATENTS AND COPYRIGHTS. A PATENT is the name usually given to a grant from A patent, the crown, by letters-patent, of the exclusive privilege of making, using, exercising and vending some ncAV * invention. The granting of such letters-patent is an ancient prerogative of the crown, a prerogative which remains unaffected by the Patent Law Amendment Act, 1852 («). In the reign of Queen Ehzabeth this prerogative was stretched far beyond its due limits, and the monopolies thus created formed one of the grievances which King James, her successor, was at last obliged to remedy. Accordingly by a statute passed in the twenty-first year of his reign, and com- monly caUed the Statute of Monopohes (b), it was Statute of declared and enacted that all such monopolies were ^^o'lopolies. altogether contrary to the laws of this reahn, and so were and should be utterly void and of none effect, and in nowise put in ure or execution. In this statute, however, there are certain exceptions, and particularly one on wliich the modem law with respect to patents may be said to be founded. This exception is as foUows : " Provided also and be it declared and enacted. Proviso, that any declaration before mentioned shall not extend to any letters-patent and grants of privilege for the term oi fourteen years or under, hereafter to be made, of the sole working or making of any manner of new manufactures mtliin this realm, to the true and first inventor and inventors of such manufactm-es, which others at the time of making such letters-patent and {a) Stat. 15 & 16 Vict. c. 83; see sect. 16. {!)) Stat. 21 Jac. I. c. 3. 236 OF INCORPOREAL PERSONAL PROPERTY. grants sliall not use, so also they be not contrary to tlie law or mischievous to the state, by raising prices of commodities at home, or hurt of ti-ade, or generally inconvenient ; the said fourteen years to be accotmted from the date of the first letters-patent or grant of such privilege hereafter to be made ; but that the same shall be of such force as they should be if this act had never been made, and of none other " (c). It will be seen that the granting of letters-patent is not expressly warranted by this statute ; but that it merely reserves to such letters-patent as fall within the terms of the exception, such force as they should have had if the act had never been made, and none other force. As, however, all grants of exclusive privilege by letters-patent, which do not fall ^\4thin this exception, and some others of Httle importance, are now rendered void by the statute, the construction of this exception has become a matter of great practical importance. Term of patent And, fii'st, the term must he fourteen years from the fourteen years. ^^^^ ^^ ^^^ letters-patent, or under ; and the ftdl term of fourteen years is usually granted. But it is now provided, that all letters-patent for inventions, granted under the pro\-isions of the Patent Law Amendment Act, 1852, shall be made subject to the condition that the same shall be void, and that the powers and privi- leges thereby granted shall cease, at the expfration of three and seven years respectively from the date thereof, unless there be paid before the expiration of the said three and seven years respectively certain stamp duties mentioned in the act, namely, 50/. stamp duty before the expiration of the third year, and 100/. stamp duty before - the expiration of the seventh year {d). These pajonents appear high, but they are a great improvement on the old law, under which heavy fees and duty Avere payable (r) Stat. 21 Jac. I. c. 3, s. 6. (^) Stat. 16 & 17 Vict. c. 5, s. 2; Williams v. Frost, 28 Beav. 93. OF TATEXTS AXD COrYRIGIITS. 237 on taking out every patent ; wliereas now, if a patent jH'ove useless, it may be discontinued, and the payment paved. By a modern act of parliament (e), a prolonga- Extension of tion of the term granted by the original letters-patent ^^^^' may be granted, either to the original grantor or to his assignee {f), for a term not exceeding seve?i years after the expiration of the first term in case the Judicial Committee of the Privy Council shall, upon proper application, report to her Majesty, that such further extension of the term should be granted. And if such further period of seven years can be shown to be insuf- ficient for the reimbursement and remuneration of the expense and labour incurred in perfecting the invention, then, by a subsequent statute (^), the crown may grant to the inventor, or his assignee, an extension of the patent for any time not exceeding fourteen years. Secondly, the patent must be for " new manufactures New mannfac- within this realm, which others at the time of making ^^^' such letters-patents and grants shall not use." The iise here mentioned has been held to mean a use in public ; if therefore the invention, for which the patent is sought to be obtained, has been previously used in public wdthin the realm, the patent Avill be void (/<). And the realm in this statute has been determined to mean the united (e) Stat. 5 & 6 Will. IV. c. 83, P. C, 9 Jur., N. S. 1209; 12 W. R. s. 4, amended by 2 & 3 Vict. c. 67 ; 25. and extended by stats. 15 & 16 (7i) Lewis y. 3Iarling, YO'Qnxn. Vict. c. 83, s. 40, and 16 & 17 & Cress. 22; Carpenter v. Smith, Vict. c. 115, s. 7. 9 M. & W. 300; Re Nenall, 4 C. (/) RvssellY. Ledsam, 14 Mee. B., N. S. 269 ; JBetts v. 3Ienzies, & Wels. 574 ; affirmed, 16 M. & 10 H. of L. Cas. 117; 9 Jur., N. S. W. 633; 1 H. of L. Cas. 687. 29; Hills v. Liverpool United ig) Stat. 7 & 8 Vict. c. 69, ss. Gaslifiht Company, 9 Jur., N. S. 2, 4, continued by stats. 15 & 16 140; Harwoody . Great Nortlievn Vict. c. 83, s. 40, and 16 & 17 Railway Com2)any,'ii^^'Law3ouxn. Vict. c. 115, s. 7; In Re Norton'' s Q. B. 27; Young v. Fernie, Patent, P. C, 9 Jur., N. S. 419; Giff. 577; 10 Jur., N. S. 526. 11 W. R, 720; Re Hiirs Patent, 238 OF INCORPOREAL PERSONAL PROPERTY, kingdom of Great Britain and Ireland ; so tliat Avlien separate letters-patent were granted for England and Scotland, if any invention had been publicly knoA^^i or practised in England, a patent for Scotland was void (z). Provisional speciti cation. Specification. By an act of parliament to wliicli we have before re- feiTcd, it is, liowever, provided, that letters-patent may be confirmed, or new ones granted, for any invention or supposed invention, which shall have been foimd by the verdict of a jury, or discovered by the patentee or his assigns, to have been either wholly or in part invented or used before, if the Judicial Committee of the Privy Council, u.pon examining the matter, shall be satisfied that the patentee believed himself to be the first and original mventor, and that such invention, or part thereof, had not been publicly and generally used before the date of the first letters-patent (A). It is also now provided by the Patent Law Amendment Act, 1852, that any invention may be used and published for six months Irom the date of the application for letters-patent for the invention, mthout prejudice to the letters-patent, provided the provisional specification^ which describes the natiu-e of the invention, and is to accompany the petition for the letters-patent, be allowed by the proper law officer (/). It is also pro^aded that the applicant, instead of ha^-ing a pro\'isional specification, may, if he tliink fit, file a complete specification under his hand and seal, particularly describing and ascertaining the natiu-e of his invention, and in what manner the same is to be performed, in which case the invention will be protected for six months fi-om the date of the aj^plica- tion, and may be used and published without prejudice (0 Stat. 15 & 16 Vict. c. 83, s. 8; Be Kewall, 4 C. B., N. S. 269; lie Bates and Bedgate, L. Rep., 4 Ch. Ap. 577; 38 L. J., Chan. 501. (i) Brown v. Annandale, 8 CI. & Fin. 214. (/t) Stat. 5 & 6 Will. IV. c. 83, OF PATENTS AND COPYRIGHTS. 239 to any letters-patent to be granted for the same (m). It is also provided, that if any application for letters- jjatent be made in fraud of the true and first inventor, any letters-patent granted to the true and first inventor, shall not be invalidated by reason of any use or publi- cation of the invention subsequent to such application, and before the expiration of the term of protection (n). Thirdly, a patent must be granted " to the true and True and first first inventor and inventors." If therefore the original ^''''^'' "*'• inventor should sell his secret to another person, such person cannot obtain letters-patent for the invention in his own name ; but the original inventor must obtain the letters-patent, and then assign them to the other. If two persons shoidd both make the same discovery, he who first publishes it by obtaining a patent for it, will be the true and fii-st inventor within the meaning of the statute, although he may not actually have been the first to make the discovery (o). But a person cannot obtain a patent for an invention which has been com- municated to him by another within the realm {p). If, Foreign inven- however, a person shoidd be in possession of an invention *^*^'^^- communicated to him fr-om abroad, such person, if he be the first introducer of the invention into this country, is regarded by the law as the true and first inventor thereof \\ithin the meaning of the statute of James (q) ; and it is no objection that the patent is taken out in trust merely for the foreign inventor (r). But it is now New cnact- provided that where letters-patent are granted in tlie «^<^'^'- United Kingdom for any invention first invented in any foreign country, or by the subject of any foreign state, (m) Sect. 9. See also stat. 16 (2)) Hill v. nom2)son, 8 Tanut. & 17 Vict. c. 115, s. 6. 395; S. C. 2 J. B. Moore, 452. . («) Stat. 15 & 16 Vict. c. 83, (q) EdgeUrry v. Stephens, 2 s. 10. Salk. 447. {o-) Bvulton V. Bull, 2 H. Black. (r) Beard v. Egerton, 3 C. B. 487. 97, 129. 240 OF INCORPOREAL PERSONAL PROPERTY. and a like privilege for tlie exclusive use or exercise of such invention in anj foreign country is there obtained before the grant of sucli letters-patent in the United Kingdom, all rights and privileges under such letters- patent shall (notwithstanding any term in such letters- patent hmited) cease and be void immediately upon the expu-ation or other determination of the term of the like privilege obtained in such foreign countiy ; or where more than one such like pri\alege is obtained abroad, immediately upon the expiration or determination of the term of such privileges which shall first expire or be determined. And no letters-patent granted for any invention, for which any patent or like pri\alege shall have been obtained in any foreign country, shall be of any vahdity, if granted after the expiration of the term for which the foreign patent or privilege was in force (s). The remaining restrictions imposed by the act of James I. require no comment. The granting of letters-patent is, as has been ob- served, a prerogative of the crown ; and although a patent may now be always obtained for any new in- vention, yet the grant is still a matter of favour and not of right, and aU grants of letters-patent for in- ventions are at the present day clogged with certain Specification, conditions. Of these conditions, the most important is that which requnes the inventor particularly to describe and ascertain the nature of his invention, and in what manner the same is to be performed, by an instrument in writing under his hand and seal, called the specifica- tion, and to cause the same to be filed in the High Court of Chancery within a given period, generally six calendar months ft-om the date (t). This instrument (s) Stat. 15 & 16 Vict. c. 83, (t) Ibid. s. 27. See stat. 16 & s. 25 ; Bam v. Meij, V. C. W., 17 Vict. c. 115, s. 6. As to mu- 36 L. J., N. S. 482 ; Law Rep., 3 nitions of war, see stat. 22 Vict. c. Eq. 496. 13. OF PATENTS AND COPYIIIGIITS. 241 was formerly required to be enrolled, instead of being merely filed as at present. And it is pro\dded by the act of 1852 that, if a complete specification be filed along •with the petition for the letters-patent, then, in heu of a condition for making void the letters-patent in case the invention be not described and ascertained by a subsequent specification, the letters-patent shall be con- ditioned to become void, if such complete specification filed as aforesaid does not particularly describe and ascertain the nature of the invention, and in what manner the same is to be performed (?<). The object of requiring a specification is to secure to the public the benefit of the knowledge of the invention after the term granted by the patent shall have expired. The framing of the specification is a matter of great nicety ; for the description contained in it must correspond with the title of the invention contained in the letters- patent (u), and must clearly describe the invention (?i')) neither covenng more than the proper subject of the patent (:r), nor omitting anything necessary to make the description intelligible (?/). Provision however has been made by an act of parliament before referred to (r), for enabling the grantee or assignee of any letters- Disclaimer. patent to enter a disclaimei' of any part either of the title of the invention, or of the specification, stating the reason of such disclaimer, or to enter a memorandum of any alteration in the title or specification, not being such disclaimer or such alteration as shall extend the exclusive right granted by the patent. Under these provisions, letters-patent originally void may in many ((0 Stat. 15 & 16 Vict. c. 83, (a-) mil v. T7iom2>son, SMariv. s 9. 629. (v) Re.T V. Wheeler, 2 Bam. & (>/) Bex v. ^Mleeler, iibi supra; Aid. 345, 350. See Klchels v. Neilsoii v. Harford, 8 Mee. & JIaslam, 7 Man. & Gran. 378 ; Wels. 805. Beard v. Egerton, 3 C. B. 97. (r) Stat. 5 & 6 Will. IV. c. 83, (w) Bloxham v. Elsee, 6 Bam. s. 1. See also stat. 7 & 8 Vict. c. & Cress. 16'J. 69, ss. 5, 6. v..p.r. R 242 OF INCORPOREAL PERSONAL PROPERTY. Eegister of patents. cases be rendered valid, the disclaimer being read as part of the original title or specification (a). But the object of the act is merely to allow of the removal from the specification of that which is superfluous ; and a disclaimer yvWl not be allowed which converts a descrip- tion, in itself unintelhgible or impracticable, into a practicable description of a usefol invention (b). The above-mentioned provisions have been extended to letters-patent granted and specifications filed under the Patent Law Amendment Act, 1852 (c). This act also provides for the pi-inting, publishing and sale, under the direction of the commissioners of patents, of all specifications, disclaimers, and memoranda of alterations deposited or filed under the act (d). A "register of patents" is also directed to be kept, where shall be entered and recorded, in chronological order, all letters- patent granted under the act, the deposit or filing of specifications, disclaimers and memoranda of alterations filed in respect of such letters-patent, all amendments in such letters-patent and specifications, all confirma- tions and extensions of such letters-patent, the expiry, vacating or cancelling of such letters-patent, with the dates thereof respectively, and all other matters and things affecting the validity of such letters-patent as the commissioners may direct ; and such register, or a copy thereof, is to be open at all convenient times to the inspection of the public, subject to such regidations as the commissioners may make (e). Vesting in Another condition formerly inserted in letters-patent twelve persons I'endered them void, in case the letters-patent, or the liberty and privileges thereby granted, should become (ffi) The Queen v. Mill, 10 C. (c) Stat. 15 & 16 Vict. B. 379; Seed v. Higgins, 8 H. of s. 39. L. Cas. 550. {d) Sect. 29. . (i) Ralston v. Smith, 11 H, of (r) Sect. 34. L, Cas. 223, c. 83,. OF PATENTS AND COPYRIGHTS. 243 vested in or in trust for more than the number of tAvelve l)ersonSj or their representatives, at any one time, as partners, dividing or entitled to di\'ide the benefit or profit obtained by reason thereof; but it is now enacted that, notwithstanding any proviso that may exist in former letters-patent, it shall be lawful for a larger number than twelve persons hereafter to have a legal and beneficial interest in such letters-patent {/). In letters-patent a clause is usually contained for- Licence to use bidding all persons from using the invention without P^*^^"*-* the consent, licence or agreement of the inventor, his executors, administrators or assigns, in ^^I'iting, luider his or their hands and seals, first had and obtained in that behalf (^). The granting of licences to use a patent is one of the most profitable ways of turning it to account. All hcences are now required to be regis- tered in the registry to be presently mentioned. Letters-patent obtained in England formerly con- Scotch and ferred an exclusive privilege only within England, "^ patents. Wales and the town of Berwick upon Tweed ; and also within the islands of Guernsey, Jersey, Alderney, Sark and Man, and her Majesty's colonies and plantations abroad, if so expressed in the patent. In order to obtain the hke exclusive privilege for Scotland, it was necessary to obtain separate letters-patent under the seal appointed by the treaty of union to be used instead of the great seal of Scotland ; and in the same manner the hke privilege for Ireland was required to be ob- tained by letters-patent under the great seal for Ire- land. But it is now provided that letters-patent shall extend to the whole of the United Kingdom of Great Britain and Ireland, the channel islands, and the Isle (/) Sect. 36. See post, the (//) See the form of letters- chapter on joint ownership and patent in Appendix (A.) joint liability. r2 244 OF INCORPOEEAL PERSONAL PROPERTY. of ISIan ; and in case the warrant for granting the patent shall so direct, such letters-patent shall be made applicable to her Majesty's colonies and plantations abroad, or such of them as may be mentioned in such warrant (A). But where separate letters for England, Scotland or Ireland have been abeady granted, sepa- rate letters-patent may still be granted for the other countries, on payment for such comitry of one-third the stamp duties payable for a patent for the whole kingdom (z). Assignment of Letters-patent and the privileges thereby granted letters-patent. ^^,^ ^^j^ assignable from one person to another, and the assignee by such assignment is placed in the same position as his assignor previously stood. The assignee may consequently bring in his own name the same actions and suits both at law and in equity against those who have infringed upon the patent as the patentee himself might have done (A). The privileges granted by letters-patent are therefore plainly an in- stance of an incorporeal kind of personal property, different in its nature from a mere cliose in action, As to the ne- which never has been assignable at law. A deed is deed/ ° ^ said to be necessary for the valid legal assignment of letters-patent ; but the author is not aware of any authority for this position ; and the general rule appears to be, that the assignment of incorporeal personal pro- perty may be made without deed. Perhaps, however, the necessity of an assignment by deed may be implied fi'om the clause in the letters-patent, which forbids the use of the invention "mthout the consent, licence or agreement of the inventor, his executors, adminis- trators or assigns, in writing, under his or their hands (70 Stat. 15 & IG Vict. c. 83, {It) Godson on Patents, 237; s. 18. Walton v. Lavater, 8 C. B., N. S. (i) Stat. IG & 17 Vict. c. 5, 1G2. s. 4. OF PATENTS AND COrYEIGIITS. 245 and seals, first had and obtained in tliat behalf." All assignments of letters-patent are noAV required to be registered under the Patent Law Amendment Act, 1852. The act provides that there shall be kept at the office Register of appointed for filing specifications in chancery under P^'^P^^^ '^'^s- this act, a book or books entitled "The Kegister of Proprietors," wherein shall be entered, in such manner as the commissioners shall direct, the assignment of any letters-patent, or of any share or interest therein, any licence under letters-patent, and the district to which such licence relates, with the name or names of any per- (Sic.) son having any share or interest in such letters-patent or licence, the date of his or their acquiring such letters- patent, share and interest, and any other matter or thing relating to or affecting the proprietorship in such letters- patent or licence ; and a copy of any entry in such book certified under such seal as may have been appointed, or as may be directed by the Lord Chancellor, to be used in the said office, shall be given to any person re- quiring the same, on payment of the fees therein pro- vided ; and such copies so certified shall be received in evidence, in all courts and in all proceedings, and shall be prima facie proof of the assignment of such letters- patent, or share or interests therein, or of the licence or proprietorship as therein expressed; provided always, that until such entry shall have been made, the grantee or grantees of the letters-patent shall be deemed and taken to be the sole and exclusive proprietor or pro- prietors of such letters-patent, and of all the licences and privileges thereby given and granted (/ ). Closely connected with the subject of patents is that Copyiiglit. of copyright. Copyright may be defined to be the ex- (0 Stat. 15 & 16 Vict. c. 8;], Bcav. 145 ; Chollett v. Hoffrmn, s. 35. See Green's patent, 24 7 E. & B. 686, 246 OF INCOEPOREAL PERSONxVL PROPERTY. elusive right of multiplying eopies of an original work or eomposition (m). From the nature of this right it must almost neeessarily have had its origin at a period subsequent to the invention of the art of printing. It is, however, the better opinion that svich a right existed j)rior to the Statute of Anne(?^), by which the term of an author's copp'ight was first limited by the legis- lature (o). But this statute, together with others by which the copyright of authors was further secured (p), has been repealed by the act of the present reign to amend the laAV of copyright, on which the law of copy- Present act. i-ight now depends {q). By this act the copyright of every book (Avhich term includes for the piu'poses of the ^ act every pamphlet, sheet of letterpress, sheet of music, . \ ■ tf/»-t*«-^2**-«-fc.*^ap, chart or plan) published after the passing of the »^** act in the lifetime of the author shall endm-e for his Aw-A^^;^ "■ "^^ff natural life, and for the further term of seven years from J^.^:f^c^- z^ his death, and shall be the property of such author and liis assigns ; but if the term of seven years shall expire before the end of forty-two years from the fii'st publica- ^/^ r- ^ tion of the book, the copyright shall in that case endure — ~ ■' -^ — - for such period of forty-two years ; and the copyright in ' * / / ' ' every book published after the death of its author shall endure for forty-two years from the first publication Extension of thereof (/'). By the same act the existing copjTight in riehts"^ *^°^'^" ^ooks then pubHshed is extended for the full term pro- vided by the act in the case of books thereafter pub- lished. But if the copjTight belong wholly or partly to a publisher or other person, who has acquired it for any other consideration than that of natural love and affection, the copp'ight is not to be extended by the act, (??0 14 M. & W. 316. Boosey v. Jefferys, 6 Exch. Eep. (m) 8 Anne, c. 19. 502. () all the provisions contained in these acts are extended to the United Kingdom of Great Britain and Ireland. And it is provided (17), that if any person shall, during the existence of the copjanght, engrave, etch or publish any engraving or print of any description whatever, either in whole or in part, already published in any part of Great Britain or Ireland, without the express consent of the proprietor or proprietors thereof first obtained in ■svriting signed by him, her or them respectively, with his, her or their own hand or hands, in the presence of • and attested by two or more credible witnesses, then every such proprietor may, by a separate action upon the case, to be brought against the person so offending, (Z) Several British colonies have Ball, 14 C. B., N. S. 30G. obtained Orders in Council under (») Bogne v. Honlston, 5 Do this act. See 6 Jur., N. S. pt. 2, Gex & Smale, 267; S. C. IG Jur. p. 45, 272. (m) Stat. 8 Geo. II. c. 1.3, (o) 77iomj)sonv. Si/fmnds, 5T. amended by 7 Geo. III. c. 38, and Rep. 41. rendered more effectual by 17 (y^) Stat. C & 7 Will. IV. c. .50, Geo. III. c. 57; Gamhnrt v. Sum- s. 1. ner, 5 H. & N. .5; Gamhart v. (^) Sect. 2. 252 OF IXCOKPOREAL TEESOXAL PIlOrERTY. in any com-t of law in Great Britain or Ireland, recover such damages as the jury shall assess, together with double costs of suit. By a more recent act it is declared that the provisions of the above-mentioned statutes are intended to include prints taken by litho- graphy, or any other mechanical process by which prints or impressions of drawings or designs are capable of being multiplied indefinitely (r). Copyright in By other acts of parliament copyi'ight has been sculptuies, &c. gj^.j^n^g(j to the makers of new and original scidptures, models, copies and casts for the term of fourteen years from their first putting forth or pubhshing the same (s), with a further term of fourteen years to the original maker, if he shall be then HA-ing {t) ; provided that in every case the proprietor cause his name, with the date, to be put on every such sculpture, model, copy or cast before the same shall be put forth or published {u). And it is also pro\-ided that no person who shall purchase the right or property of any such sculpture, model, copy or cast of the proprietor, expressed in a deed in writing signed by him ^vith his own hand, in the pre- sence of and attested by two or more credible witnesses, shall be subject to any action for coppng, casting or vending the same (x). By the Designs Act, 1850 (y), pro\asion has been made for the registration of sculp- tures, models, copies and casts within the protection of the Sculpture Copyi'ight Acts, which registration entitles the proprietor of the copyright to certain Paintincr? penalties in case of piracy (z). And with regard to drawings and paintings, dra'v\angs and photographs, it is now provided photographs. ^^^^^ ^j^^ exclusive right of coppng, engra\-ing, repro- (?•) Stat. 15 & 16 Vict. c. 12, (%) Sect. 1. s. U. (^) Sect. 4. (.s) Stat. 38 Geo. III. c. 71, (y) Stat. 13 & U Yict. c. 104, amended hy 54 Geo. III. c. 56. s. 6. it) Stat. 54 Geo. III. c. 56, s. 6. (--) Sect. 7. OF PATENTS AND COPYRIGHTS. 253 ducing and multiplying them by any means and of any size shall belong to the author, being a British subject or resident within the dominions of the Crown, for the term of his life and seven years after his death (a). And a register of proprietors of copyi'ight in paintings, drawings and lithographs is established at Stationers' Hall, subject to similar regulations to that established for the registry of copyright in books {b). By an act of parliament recently passed to amend the International law of international copyright (c), her Majesty is em- ^^^PJ^^ powered by any order in council to grant the privilege ^"^ ^^ / of copyright for such period as shall be defined in s^f^h *"'„» ^ order (not exceeding the term allowed in this country), ^^^^^^/^.i* - to the authors, inventors and makers of books, prints, articles of sculpture and other works of art, or any par- ticular class of them, to be defined in such order, wdiich shall, after a future time to be specified in such order, be first pubhshed in any foreign country, to be named in such order. And her Majesty is also empowered {d) by any order in council to direct that the authors of dramatic pieces and musical compositions, which shall after a future time to be specified in such order, be first publicly represented or performed in any foreign country to be named in such order, shall have the sole liberty of representing or performing in any part of the British dominions such dramatic pieces or musical compositions during such period as shall be defined in such order, not exceeding the period allowed in this country. Pro- vision however is made for the entry of proper par- ticulars of the subjects for w^hich copyi'ights shall be granted in the register book of the Stationers' Company in London, within a time to be prescribed in each such (a) Stat. 25 & 26 Vict. c. C8, 3, 4, extended to paintings, draw- s. 1. ings and photographs by stat. 25 (?0 Sects. 4, 5, ante, p. 247. & 26 Vict. c. 68, s. 12. ic) Stat. 7 & 8 Vict. c. 12, ss. 2, (^d) Stat. 7 & 8 Vict. c. 12, s. 5. 254 OF IXCORPOREAL PERSONAL PROPERTY. order in council (e). And all copies of books wherein there shall be any subsisting copp'ight by \4rtue of this act, or of any order in council made in pursuance thereof, printed or reprinted in any foreign country, except that in Avhich such books were first published, are absolutely prohibited to be imported into any part of the British dominions, except with the consent of the registered proprietor of the copyi-iglit thereof, or his agent authorized in writing {/). But no such order in council shall have any effect unless it shall be therein stated, as the ground for issuing the same, that due pro- tection has been secured by the foreign power named in such order in council for the benefit of parties interested in works first pubhshed in the dominions of her Majesty, similar to those comprised in such order (^). And every such order in council is to be published in the London Gazette as soon as may be after the making thereof, and fi-om the time of such pubhcation shall have the same effect as if every part thereof were in- cluded in the act (A). And no copyi'ight is allowed to any book, dramatic piece, musical composition, piint, article of sculpture or other work of art, first published out of her Majesty's dominions, other^vise than under this act. A convention under tliis act has already been effected with France, the stipulations of which have been confirmed by act of parliament ( i). And the pro- visions of the International Copyi'ight Act have been extended to authorized translations of foreign books for a term not exceeding five years fi-om the first publication of such translations (/i) ; also to authorized translations of foreign dramatic pieces for a term not exceeding five years from the time at which the authorized translations are first published or publicly represented (/), but so as (e) Stat. 7 & 8 Vict. c. 12, ss. (Ji) Sect. 15. 6, 7, 8, 9; Cassell v. Stiff, 2 Kay 0) Stat. 15 & 16 Vict. c. 12. & J. 279. lli) Sects. 1, 2, 3, 4. (/) Sect. 10. (Z) Sects, i, 5, 07) Sect. U. OF PATENTS AND COPYRIGHTS. 255 not to prevent fair imitations or adaptations to the English stage of any dramatic piece or musical compo- sition published in any foreign country (/«). No person can print or publish any newspaper before Newspapers. delivering at the Stamp Office a declaration containing, ^^ ^. ^^ ^ . amongst other things, the true name, addition and place ^ ^ ^^^'^^ e^> of abode of the printer and publisher, and of every pro-'^ ^""^ ^~S24 prietor resident out of the United Kingdom, and also«/ />,.r.c. '-w f of every proprietor resident in the United Kingdom,* '?^«-.^ ^ ') ' if their number shall not exceed two, exclusive of the^' " "^ " ^f printer and publisher; and if their number should exceed ^T„'*^ **i .<— two, then the names of two of the proprietors must be ^^«— -vi ^ given, the amount of w hose shares shall not be less than the share of any other proprietor resident in the United Kingdom, exclusive of the printer and publisher ; and the amomit of their shares must be specified {n). Under this act if one person holds in trust for another, both names must be mentioned (o) ; and a mortgagee must be mentioned also, otherwise the right to publish the newspaper would formerly have been considered as goods of the mortgagee, in the order and disposition of the mortgagor, and would accordingly, in the event of his banki-uptcy, have passed to his assignees (p). But this appears to be no longer the case under the Bankruptcy Act, 1869 {q). By recent statutes a copyright has been granted to Designs for designs for articles of manufacture for the term of three manufacture. years, one year, or nine calendar months, according to the natru'e of the manufacture (r); and, in pursuance of Qm) Sect. 6. & Pull. N. Eep. G7 ; Ex inirte (n) Stat. 6 & 7 Will. IV. c. 76, Foss, Be BaUwyii, 2 De Gex & s. G. Jones, 230. (o) Banner v. Westmacott, 6 {q) Stat. 32 & 33 Vict. c. 71, Sim. 281:. ante, p. 54. {2>) Longman v. Trijjj), 2 Bos. (r) Stat. 5 & G Vict. c. 100, by 256 OF INCORrOREAL PERSONAL RROPERTY. these acts, a registrar of designs for articles of manufac- ture lias been appointed, by whom all designs to be protected by the acts are required to be registered {s) ; and provision is also made for the transfer of the copy- right in such designs by any writing piu'porting to be a transfer, and signed by the proprietor, and also for the registration of transfers in a prescribed form (^). These acts have been extended and amended by the Designs Act, lS50{u), which provides for the "provisional re- gistration" of designs for the term of one year, and empowers the Board of Trade to extend the copyright in ornamental designs for such term, not exceeding the additional term of three years, as the board may think fit (?;). A more recent statute extends the copyright to certain ornamental designs (x), and provides for the registration of any pattern or portion of any article of manufacture instead of a drawing or description (?/). It also enables proceedings for piracy to be brought in the county court {z). Trade marks. The marks often used by manufacturers to designate goods made by them resemble copp-ight as a subject of property («); and the Court of Chancery will restrain a third person from passing off his own goods as those made by another, by the use of that other person's trade mark. And when a business, "vvith the machinery ■whicli all the previous statutes s. 9. were consolidated, and G & 7 Vict. (x) Stat. 21 & 22 Vict. c. 70, c 65 ; 21 & 22 Vict. c. 70 ; 21 & s. 3. 25 Vict. c. 73. (y) Sect. 5. (s) Stat. 6 & 7 Vict. c. Go, ss. 7, (z) Sects. 8, 9. 8, 9. («) Hall V. Barron-s, L. C, (f) Stats. 5 & 6 Vict. c. 100, s. 10 Jar., N. S. 55 ; Leatlier- Cloth C ; 6 & 7 Vict. c. 65, s. 6. Company, Limited, y. Ameri- (m) Stat. 13 & 14 Vict. c. 104. can Leather- Cloth Company, See also stats. 14 & 15 Vict. c. 8, Limited, H. of Lords, 13 W. R. extended by stat. 15 & 16 Vict. 373 ; 11 Jur., N. S. -513. See, c. 6. however, Collins' Company t. ((•) Stat. 13 & 14 Vict. c. 104, Bronn, 3 Kay & J. 423. OF PATENTS AND COPYRIGHTS. 257 and trade marks, is assigned from one person to another, the assignee has the same right as the assignor had before to prevent others from using the marks (h). A trade mark may belong to particular works as well as to particular persons (c). But those who themselves deceive the public cannot prevent others from using their marks {d). A recent act of parliament has New enact- amended the law relating to the fraudulent marking of '^^'^'• merchandize (e), and has made the forging of trade marks or theh wrongfld application to articles of mer- j-f-*^ ^ yi-^/ chandize a misdemeanor (/). And every person who ^^-^' 'S'df. now contracts to sell any article with any trade mark thereon is deemed to warrant that such mark is genuine, unless the contrary be expressed in some writing signed by or on behalf of the vendor, and delivered to and accepted by the purchaser (^). And the same provision has been made with respect to any I description, statement or other indication of or respect- \ ing the number, quantity, measure or weight of any article, or the place or country in which it shall have . been made or produced (A). Connected -with the subject of trade marks is that of Goodwill, goodwill. The goodwill of a trade or business is of^en of great value. It comprises every advantage which has been acquired by carrying on the business, whether connected Avith the premises in which the business has been carried on, or with the name of the firm by whom it has been conducted (?). On the dissolution of (&) Edelston v. Yick, 11 Hare, ClotJi Company, Limited, 13 W. 78. R. 873; 11 Jur., N. S. 513. (c) Motley v. Bomnman, 3 My. (e) Stat. 25 & 26 Vict. c. 88. &Cr. 1. (/) Sects. 2, 3. {d-) Pidding v. Horv, 8 Sim. {g) Sect. 19. 477 ; Perry v. Truefitt, 6 Beav. (Ji) Sect. 20. 66; Leather- Cloth Company, (i) Churtony. Douglas, 3 dhn.- Limited, v. American Leather- son, 174. W.P.P. 8 258 OF INCORPOREAL PERSONAL PROPERTY. a partnersliip, eacli partner has a right, in the absence of any stipulation to the contrary, to use the name of the old firm (k); and if there be a stipulation that, in case of the decease of one partner, the surv'i\4ng partner shall take the stock or capital at a valuation, the good- will must be included in such valuation (Z). The sale of the goodwill of a business will not prevent the vendor from setting up the same business on his own account, even in immediate proximity to the premises on which the old business has been carried on (m) ; so that the pm'chaser should, in such cases, always insist on a cove- nant being entered into by a vendor not to carry on the business within so many miles of the old j)remises, which covenant, as we have seen (n), is valid. And in a recent case, where the goodwill of a partnership business was ordered to be sold by the Court, a notice was directed to be inserted in the advertisements and particulars of sale, that the sale would not prevent any person theretofore interested in the business from cariy- ing on the like business in the same town (o). (k) Banks V. Cfidson, M. E., (m) Cruttnell v. Lye, 17 Ves. 11 Jur., N. S. 680 ; 3i L. J., Chan. 335 ; Hall v. Barrows, C%urton 179 ; 13 W. R. 1012. v. Bovglas, ubi supra. (J) Hall V. Barrows, M. R., 9 (w) Ante, p. 91. Jur., N. S. 483, affirmed by L. C. (o) Johnson v. Helleley, 2 De 10 Jul-., N. S. 55. Gex, J. & S. 446. ( 269 ) PART IV. OF PERSONAL ESTATE GENERALLY. CHAPTER I. OF SETTLEMENTS OF PEESONAL, PEOPERTY. Personal property is capaljle of being settled, but not No estate for in the same manner as land. Land, being held bj ^ ^' estates, is settled by means of life estates being given to some persons, with estates in remainder in tail and in fee simple to others. But personal property, as we have already observed (a), is essentially the subject of abso- lute ownership. The settlement of such property, by the creation of estates in it, cannot therefore be accom- plished. And there is a striking difference in many cases between the effect of the same limitation, ac- cording as it may be applied to real or to personal property. As there can be no estate in personal property, it follows that there can be no such thing as an estate for life in such property in the strict meaning of the j)hrase. Thus, if any chattel, whether real or personal, be assigned to A. for his life, A. will at once become en- titled in law to the whole. By the assignment the pro- perty in the chattel passes to him, and the law knows nothing of a reversion in such chattel remaining in the assignor. And this is the case even though the chattel be a term of years of such length (for instance 1000 years) that A. coidd not possibly live so long (h). The term is (a) Ante, p. 7. (&) 2 Prest. A.bs. 5. s2 260 OF PEESONAL ESTATE GENERALLY. considered in law as an indivisible chattel, and conse- quently incapable of any suck modification of OAvnersliip as is contained in a life estate. Bequest of a An apparent exception to the above rule has long been established in the case of a bequest by will of a term of years to a person for his life : in this case the intention of the testator is carried into effect by the application of a doctrine similar to that of executory devises of real estates (c). The whole term of years is considered as vesting in the legatee for Hfe, in the same manner as under an assignment by deed ; but on his decease the term is held to sliifl away from him, and to vest, by way of executory bequest, in the person to be next entitled {d). Accordingly, if a term of years be bequeathed to A. for his life, and afler his decease to B., A. will have, during his life, the whole term vested in him, and B. will have no vested estate, but a mere possibility, as it is termed (e), until after the decease of A. ; and this possibility, hke the possibihty of obtaining a real estate, was formerly inalienable at law unless by will(^j, though capable of assignment in equity (5'). How alienable. But by the act to amend the law of real property (A), which repeals an act of the previous session passed for the sanae purpose {i), it is pro\aded that an executory and a future interest, and a possibility coupled with an interest, in any tenements or hereditaments of any tenure may be disposed of by deed. B. may, therefore, during the hfe of A., assign his expectancy by deed ; and such Executory bequests. Possibility. (c) See Principles of the Law of Keal Property, 249, 2nd. ed. ; 256, 3rd ed. ; 259, 4th ed. ; 270, 6th ed. ; 284, 6th ed. ; 292, 7th ed. ; 301, 8th ed. {d) 3Iatthew Manning's case, 8 Rep. 95 ; LamperVs case, 10 Kep. 47. (e) See Piinciples of the Law of Real Property, 223, 2nd ed.; 230, 3rd ed. ; 231, 4fh ed. ; 240, 5th ed. ; 250, 6th ed. ; 256, 7th ed. ; 267, 8th ed. (/) Shep. Touch. 230. ((7) Fearne, Cont. Rem. 548. {li) Stat. 8 & 9 Vict. c. 106, s. 6. {%) Stat. 7 & 8 Vict. c. 76, s. 5. OF SETTLEJIENTS OF PERSONAL PROPERTY. 261 assignment will entitle the assignee to tlie whole term on A.'s decease. If, however, no such assignment should have been made, B. wiR become, on the decease of A., possessed of the whole term, which Avill then shift to B. by virtue of the executory bequest in his favour. The mere circumstance, indeed, of the term being bequeathed to A. for his life only, wall operate to shift away the term on his decease (J), independently of the bequest to B. ; so that, if there had been no bequest over to B., the interest of A. would continue only during his life, and the residue of the term would then remain part of the undisposed of property of the testator. It may, however, be doubted whether the doctrine of executory bequests is applicable in law to any other chattels than chattels real (A). The strict and ancient doctrine of the indivisibility of Life interests a chattel, though still retained by the courts of law, has ^^ ^"^"^ ^ no place in the modern Court of Chancery, which, in administering equity, carries out to the utmost the in- tentions of the parties. In equity, therefore, imder a gift of personal property of any kind to A. for his life, and after his decease to B., A. is merely entitled to a life interest, and B. has, during the life of A., a vested interest in remainder, of Avhich he may dispose at his pleasure, and the Com-t of Chancery wiU compel the person to whom the coiu'ts of law may have awarded the legal interest to make good the disposition. Ac- cordingly, if the personal property so given should consist of moveable goods, equity will compel A., the owner for life, to furnish and sign an inventory of the goods, and an undertaking to take proper care of {j) Eyres v. Faulldand, 1 See, however, 1 Jarm. Wills, 793; Salk. 231 ; Ker v. Lord Dungan- 747, 2nd ed. ; Eoare v. Parker, non, 1 Dru. & War. 509, 528. 2 T. Rep. 376. (fe) Feame, Cont. Rem. 413. 2G2 OF TEESOXAL ESTATE GENERALLY. them (I). This doctrine, however, is comparatively of Ancient dis- modern date ; for fomierly the Com-t of Chancery fol- tween a ). When, therefore, it is wished to P^^*^"^ '^^^' make a settlement of any kind of personal property, the perty by means _ •' l r l j ^ of trusts. doctrine of the Court of Chancery is at once resorted to. The property is assigned to trustees, in trust for A. for his life, and after his decease in trust for B., &c. This assignment to the trustees vests in them the whole legal interest in the property; and in a court of law they are held to be absolutely entitled to it; for the Statute of Uses (5') has no application to any kind of personal estate. But in equity the trustees are com- pellable to pay the entu-e income to A. for his life, and after his decease to B., and so on according to the (Z) Feame, Cont. Eem. 407 ; (/?) Feame, Cont. Eem. 406. Conduitt v. Soane, 1 Coll. 285. {q) 27 Hen. VIH. c. 10 ; Prin- (vi) Feame, Cont. Eem. 402. ciples of the Law of Eeal Pro- (») Ibid. 404. perty, 126, 2nded.; 131, 3rd and (o) Randall v. Biixsell, 3 4th eds. ; 136, 5th ed. ; 142, Cth Mcriv. 190 ; Andrciv v. Andrciv, ed. ; 14G, 7th ed. ; 152, 8th ed. 1 Coll. 690. OF SETTLEMENTS OF PERSONAL PROPERTY. 263 trusts of the settlement ; and if B. should alien his interest during the life of A., the trustees will be bound, on having notice of the disposition, to stand possessed of the property, after A.'s decease, in trust for the ahenee (r). When shares in joint stock companies are settled in Bonus. the manner above mentioned, it sometimes becomes a question Avhether any extraordinaiy profit which may be divided amongst the shareholders by way of bonus should be considered as capital or as interest. The eqvutable tenant for life is too frequently incKned to consider himself entitled to any bonus in the same man- ner as to ordinary dividends. The Court of Chancery, however, usually considers every bonus, whether con- sisting of additional joint stock or shares (5), or simply of money (t), as part of the capital, unless it appear to be nothing more than an increased dividend arising from the increased profits of the year (?/). In the absence, therefore, of any special provision to the contrary, every bonus ought to be invested upon the trusts of the settle- ment, and the mcome only paid to the tenant for life. By a modern act of parliament (u), on the decease of Apportion- a person entitled to a Hfe interest in any income, made ^^°' ^^' payable or coming due at fixed periods, of any property, whether real or personal, his executors or administrators (?•) A form of mamage settle- Beav. 619, 624, and the cases ment of stock and other personal there collected, estate upon the usual trusts will («) Barclay v. Waineyvright, be found in Appendix (B). 14 Ves. 66; Price v. Anderson, (s) Brander v. Brander, 4 15 Sim. 473 ; Preston v. Melville, Ves. 800 ; Hooper v. Bossiter, 16 Sim. 163 ; Maclaren v. Stain- 13 Price, 774 ; S. C, M'Cleland, ton, 3 De Gex, F. & J. 203. 527. (») Stat. 4 cSc 5 Will. IV. c. 22, it) Paris V. Paris, 10 Ves. s. 2 ; Be MaxivelVs Trusts, V. C. 1S5 ; Ward v. Combe, 7 Sim. 634. W., 9 Jur., N. S. 350 ; 1 Hem. & See also Gilli/ v. Burley, 22 Mill. 610. 264 '"of personal estate generally. are entitled to recover from tlie remainderman an appor- tioned part of the next payment of the income, accord- ing to the time which shall have elapsed since the last period of payment, up to and including the day of the decease of such person. And when any other limited interest determines, a similar right to an apportionment is also given. But the act makes no apportionment of rent between the heir or devisee and the executor of a tenant in fee simple ( w). And where the property ceases with the interest, and does not go over to another, as in the case of a life annuity, the act appears inapplicable ; v>-^ " ' "£!< and the right to an apportioned part should therefore, I- if desfred, be expressly conferred (^). The act extends JT-;^, /a^. tfjy.ojAj to instruments executed, and wills coming into operation, after the passing of the act, wliich took place on the 16th June, 1834 (i/) ; and its proA^sions do not apply to any case in which it is expressly stipulated that no apportionment shall take place, or to annual sums made payable in policies of assurance of any descrip- Previous law. tion(2'). Previously to this act no apportionment was made of annuities, or of the di^ddends of stock settled in trust for one person for life, with remainder to another ; but the remainderman Avas entitled to the ^v^hole of the annuity or dividend which fell due next after the decease of the person entitled for life(«\ But in a case where the tenant for life of stock died on the day on which a half-year's dividend became due, it was held that it Atinnity given belonged to his personal estate (i). If an annrdty were for mainte- nance, (w) Bro7im V. Amijot, 3 Hare, (r) Stat. 4 & 5 Will. IV. c. 22, 173, 183 ; Beer v. Beer, C. P. 16 s. 3. Jul-. 223, 225 ; 12 C. B. 60 ; Re (a) Pearly v. Smith, 3 Atk. Clulorv, 3 Kay & J. 689. 260 ; Sherrard v. Sherrard, 3 (,r) But see Carter v. Taggart, Atk. 502 ; Warden v. Ashburner, 16 Sim. 447; Trimmer\. Banhij, 2 De Gex & Smale, 366; Tlie V. C. K., 23 L. J., Chan. 979. Queen v. The Lords of the Trea- iy) Miehell v. ATichell, i Beav. siiry, 16 Q. B. 357. 549; Knight v. Boiighton, 12 (J) Patonv. Sheppard, \0 Sim. Beav. 312 ; Wardroper v. Cut- 186. field, V. C. K, 10 Jur., N. S. 194. OF SETTLEMENTS OF PERSONAL PEOPEETY. ' 265 given for tlie maintenance of an infant (c), or of a mar- ried woman living separate from her husband (c?), the necessity of the case was considered a ground for pre- suming that an apportionment was intended. The interest was interest of money lent was also always apportioned ; for '^]'^^yf appor- though the payment of such interest be made half- yearly, yet it becomes due de die in diem, so long as the principal remains unpaid (e). An estate tail, such as that created by a gift of lands No estate tail to a man and the heirs of his body(/), has nothing ^^" l^®^^^,*^"^^ analogous to it in j)ersonal property. An estate tail cannot be held in such property at law, neither does equity admit of any similar interest. A gift of personal property of any kind to A. and the heirs of his body -^vill simply vest in him the property given ( y). And in the construction of "\\alls, where many informal expres- sions are allowed to vest an estate tail in lands, the general rule is, that expressions, which if applied to real estate would confer an estate tail, shall, when applied to personal property, simply give the absolute interest (A). The same effect will be produced by a gift of such pro- perty to a man and his heirs. The words "heirs," and Word "heirs" "heirs of his body," are quite inapplicable to personal pg'JgojjaTestlte. estate ; the heir, as heir, has nothinor to do Avitli the i ^ , '■^^^'^ ^■ personal property of his ancestor. Such property has»^ ^/^ '^>- ►^W^^ nothing hereditary in its nature, but simply belongs to ^■•^^f ^f-z.t^J'. its oAvner for the time being. Hence, a gift of personal A simple gift property to A. simply, without more, is sufficient to ^"®'^^'^°*- (c) Hay V. Palmer, 2 P. Wms. of Real Property, 28, 2nd ed. ; 30, 501 ; 1 Swanst. 349, note. 3rd and 4th eds. ; 33, 5th, 6th, 7th id) Howell V. Hanforth, 2 W. and 8th eds. Black. 1016. (ff) Feame, Cont. Rem. 461, (e) Edwards v. Countess of 463 ; Doncastcr v. Doncasier, 3 Warwlcli, 2 P. Wms. 176 ; Ban- Kay 8i J. 26. ner t. Lowe, 13 Ves. 135; Jte (h) 2 Jarm. Wills, ch. 44, p. Rogers's Trusts, 1 D. & S. 339. 534, 3rd ed. (/) See Principles of the Law 2G6 OF PERSONAL ESTATE GENERALLY. vest in liini the absolute interest {i). Whilst, under the very same words, he would acquire a Hfe interest only in real estate {j), he will become absolutely entitled to Example. personal property. Thus a gift of lands to A. for life, and after his decease to B., gives to B. a mere life interest in remainder expectant on the decease of A. (A); unless indeed the gift be by will under the act for the amendment of the laws with respect to wills (Z). But a gift of personal property to A. for life, and after his decease to B., gives to B. a vested equitable interest in the corpus or body of the fund, to which he becomes absohitely entitled, subject only to A.'s life interest ; and the cuxumstance of B.'s dying in the lifetime of A. would be immaterial {m). Use of the words " execu- tors, adminis- trators and assigns." It is true that in deeds and other legal instruments it is usual to transfer personal estate absolutely, by the use of the words " executors, administrators and assigns." As real estate is conveyed to a man, his heirs and as- signs {n), so pei-sonal property is assigned to him, his executors, administrators and assigns. The executor or administrator is, as we shall see, the person who becomes legally entitled to a man's personal estate after his de- cease ; in the same manner that a man's heir or assign becomes entitled to liis real property. But the analogy extends no fiirther. There is no necessity for the use of these terms (o) as there is for the employment of the (i) Byng v. Lord Strafford, 5 Beav. 558. {j) Principles of the Law of Real Property, 17, 114, 2nd ed.; 18, 119, 3rd and 4th eds.; 18, 125, 6th ed.; 18, 131, 6th ed. ; 18, 134, 7th ed.; 19, 140, 8th ed. (Jt) Goodtitle d. B'lcliards v. Edmonds, 7 T. Eep. 635. (Z) Stat. 7 Will. IV. & 1 Vict, c. 26, s. 28. (w) Benyon v. Maddison, 2 Bro. C. C. 75. (ft) Principles of the Law of Real Property, 115, 2nd ed. ; 120, 3rd and 4th eds.; 126, 5th ed.; 132, 6th ed.; 135, 7th ed.; 141, 8th ed. (o) Elliott V. Barenport, 1 P. Wms. 84. See Earl of Lonsdale V. Countess of Berchtoldt, 1 Kay, 646. or SETTLEMENTS OF PERSONiVL, PROPEETY. 267 word " lieirs." These terms, however, are constantly employed in conveyancing as words of limitation of an absolute interest ; and a rule has sprmig up with respect to their construction similar to the rule in Shelley's case. Rule in by which the word " heirs," when following a life estate ^^^^^^y'^ c^^°- given to the ancestor, is merely a word of limitation, giving to such ancestor an estate in fee (/*). Thus, if money or stock be settled in trust for A. for life, and after his decease in trust for his executors, adminis- trators and assigns, A. Avill be simply entitled abso- lutely {q') ; in the same manner as a gift of lands to A. for his life, with remainder to his heirs and assigns, gives him an estate in fee simple. But as the rule, so far as it applies to personal property, is not founded on the same strict principle as the rule in Shelley's case, a gift of such property to the executors or administrators (not adding assigns) of a person who has taken a pre- vious life interest is sometimes construed as giving him no ftirther interest in such property (r); Avliilst, under the same circumstances, the Avord " heirs " in a gift of real estate would have given him the fee simple. As no estates can subsist in personal property, it Rules as to follows that the rules, on which contingent remainders mainders do in freehold lands depend for their existence, have never °o* ^pply to ,, ,.. . ,. .. ^ contingent dis- had any application to contingent dispositions ot per- positions of sonal property. Such dispositions partake rather of the P'^^'^°^''*'^ P"^"^" indestructible natme of executory devises and shifting (^j) See the Principles of the Jlon'es, 4 Hare, 599. Law of Real Property, 207, 2ud (r) Wallis v. Taylor, 8 Sim. ed.; 214, 3rd ed.; 215, 4th ed.; 241 ; see 1 Beav. 52; Daniel v. 224, 5th ed.; 234, 6th ed.; 240, Dudley, 1 Phi. 1 ; Attorney- 7th ed. ; 250, 8th ed. General v. MalUn, 2 Phi. 64 ; {c[) Co. Litt. 54 b ; Hames v. Machenzie t. Mackenzie, 3 Mac. Names, 2 Keen, 646 ; Grafftey v. & Gord. 559. See also Alger v. Ilumpaye, 1 Beav. 46 ; Howell y. Parrott, V. C. W., Law Rep., 3 Gayler, 5 Beav. 157 ; Meryon v. Eq. 328. Collett, 8 Beav. 386 ; Morris v. 268 OP PERSONAL ESTATE GENERALLY. Limit to future dispo- sitions. Restraint on accnmu'ation. uses. Thus a gift of lands to A. for his life, and after liis decease to sucli son of A. as sliall first attain tlie age of twenty-one years, creates a contingent remainder, which will fail in the event of no son of A. ha^ang at- tained the prescribed age at the time of his decease («). The reason of this failure depends on the ancient rule, that there must always be some defined owner of the feudal possession ; and, consequently, between the time of the death of A. and the time of his son's attaining the age of twenty-one years, some owner of the freehold ought to have been appointed, in Avhom the feudal pos- session might continue (f). Personal property, however, has evidently notliing to do with these feudal rules relating to possession. If, therefore, a gift be made of personal property to trustees, in trust for A. for his life, and after his decease, in trust for such son of A. as shall fii'st attain the age of twenty-one years ; or if a term of years be bequeathed to A. for his life, and after his decease to such son of A. as shall first attain the age of twenty-one years ; it will be immaterial whether or not the son attain the age of twenty-one years in the hfetime of his father. On his attaining that age, he ^^ill become entitled quite independently of his father's interest. His ownership will spring up, as it were, on the given event of his attaining the age. But as the indestructible nature of these fixture dispositions of personal estate might lead to trusts of indefinite duration, the rule of perpetuities, which confines executory interests within a live or lives in beinsf, and twentv-one vears afterwards, svith a fiu-ther allowance for the time of gestation, should it exist (w), appfies equally to personal as to real estate. And the (s) Festing v. Allen, 12 Mcc. &Wels. 279; 5Hare,573; Holmes T. Prescott, V. C. W., 10 Jur., N. S. 507 ; 12 W. R. 636. (t) Principles of the Law of Real Property, 209, 1st ed. ; 217, 2nd ed. ; 224, 3rd and 4th eds.; 233, 5th ed. ; 246, 6th ed. ; 250, 7th ed. ; 259, 8th ed. (m) Principles of the Law of Real Property, 242, 1st ed.; 251, 2nd ed. ; 259, 3rd ed. ; 262, 4th ed. ; 272, 5th ed. ; 286, 6th ed. ; 294, 7th ed. ; 305, 8th ed. OF SETTLEMENTS OF PERSONAL PROrERTY. 269 further restriction on tlie accumulation of income im- posed by the Thellusson Act {v), appKes to trusts for the accumulation of the income of personal estate as well as real. Equitable interests in personal property of a future Powers. kind may be created through the instrumentality of powers, in a similar manner, and to the same extent, as futm-e estates in land {x). Thus stock in the flinds may be vested in trustees upon such trusts as B. shall by any deed or by his Avill appoint, and in default of and until any such appointment, in trust for C, or upon any other trusts. Here C. will have a vested interest in the stock, subject to be divested or destroyed by B.'s exercising his power of appointment ; andB., though not owner of the stock, has power to dispose of it by deed or will, and may if he please appoint to himself; in which case the trustees will be bound to transfer it to him. If the power should not be exercised by B., C. will then be entitled absolutely ; and will not, as was formerly the. case Avith respect to landed property, be subject to judgment debts incurred by B. (y), or to any other of his debts. But if B^should exercise his power by deedjf power is ex- V* wit hout valuable " consTderation, or by will, in favour of ^g^ualj^e^fl^n "* a third person, the stock so ap]:)ointed would be con- sideration, tlie sidered in equity as part of the assets of B. the ap- pomteVis^sTib- pointor, and would be subject to the demands of his ject to debts of «.o«»~».»«'^^----*-^««iL .«~=— -,i~*» . apijointor. preierence to the claim oi the appomtee (z). (i') Stat. 39 & 40 Geo. III. c. 6th ed. ; 272, 7th ed. ; 283, 8th 98 ; Principles of the Law of Real ed. Property, 243, 1st ed. ; 253, 2ud (y) Ibid. ed. ; 260, 3rd ed. ; 263, 4th ed. ; (z) Lassells t. Cornwallis, 2 274, 5th ed. ; 288, 6th ed. ; 295, Vern. 465 ; BaUiton v. Ward, 2 7th ed. ; 307, 8th ed. Atk. 172. The doctrine applies (a;) See Principles of the Law also to appointments of real estate, of Real Property, 231 et seq. 1st See Fleming t. Buchanan, 3 De ed. ; 236, 2nd ed. ; 243, 3rd ed. ; Gex, M. & G. 976. 245, 4th ed. ; 2.->5, oth ed. ; 266, 270 OF PEKSONAL ESTATE GENERALLY. Bankruptcy. In case of bankruptcy, it was pro^dded by the former acts (a) that all powers vested in the bankrupt, which he might legally execute for his own benefit (except ** 'a'^ ^ C ^o ^^ rifflit of nomination to any vacant ecclesiastical * ' " y^ benefice), might be executed by the assignees for the : ' ^"^^T' benefit of the creditors in the same manner as the bank- i> ' t* f 'iQ ' ^"^P* might have executed the same. And by the >^ . ^ ^ />|Banki-uptcy Act, 1869, such powers may now be exer- .■-"' T ., j ms-~^ »^-cised by the trustee for the creditors (J). Rules respect- The rules respecting the necessity of a compliance over^r^eal e^state ^"^^^ ^^® terms and formalities of the power, whenever apply to it is exercised otherwise than by will (c), and the rehef persorial*pro- afforded by the Coml of Chancery on the defective perty. exercise of a power {d), apply as well to personal as to real property. Powers over personal estate may also be exercised by women, without their husbands' consent, and also in favom' of their husbands, in the same man- ner as powers over land (e) ; and the provision of the recent Wills Act, which requires wills made in exercise of powers to be executed and attested Hke all other wills (/), applies equally to powers over personal estate. _^ I A general bequest of personal estate aatU also now ^^^^X!X*^n include any personal estate wliich the testator may have only a power to appoint as he may think fit, in the same ./^.Z ., , ■ --^-M- ^^, ^ - I . . „i the remaining 100/. to B. would be void, as altogether J excluding C, who is equally an object of the power (m). ^^ ' ^ ' ^^^ It is customary, however, in modern settlements to give to parents a power of appointment in favour of any one or more of the children exclusively of the others. And in order that those to whom appointments have been made should not obtain more than may have been in- tended for them, it is generally provided that no child taking any share of the fund under any appointment shall be entitled to any share in the part unappointed without bringing his or her share into hotchpot, and accounting for the same accordingly. Under such a provision. A., in the instance above given, would not be entitled to any share in the 100/. unappointed, without also agreeing to a hke di"sasion of his 900/. amongst him- self and the others. The clause of hotchpot operates favourably to the representatives of those children who may happen to die before any appointment shall have been made to them. For when a power is given to appoint amongst children, no appointment can be made cutors or admi- to the executors or administrators of those who may nistrators of tt/\ i i -i • • deceased ob- have died(??); so that such executors or administrators J^'^*^- cannot possibly take more than the aliquot part given to the deceased child in default of any appointment ; whilst they may be partially or totally excluded even Hotchpot. No appoint- ment can be made to exe- (h) Toting v. Wateiyark, 13 Sim. 202. (Z) Wilson V. Piggott, 2 Ves. jun. 351 ; Wonihwell v. Hanrott, 14:Beav. 143. ^e.& Foster y. Caut- Iry, 6 De Gex, M. & G. 55. (m) 2 Ves. jun. 35.5. («) Boyle V. The Bislwj) of Peterhorough, 1 Ves. jun. 299 ; EickettsY, Loftus, 4 You. & CoU. 519. OF SETTLEMENTS OF PERSONAL PROPERTY. 2. i , from that by a partial or complete exercise of the power of appointment in favour of the surviving children, or even of a single survivor. When the appointment is partial only, the executors or administrators of a de- ceased child will, under the hotchpot clause, divide the fund unappointed Avith the other children to whom no appointment may have been made ; whereas, without such a clause, the children to Avhom appointments may have been made Avould be equally entitled to participate in the part unappointed (o). When a poAver is given to appoint property amongst Appointment a particular class, no portion of the fund can be ap- class." pointed in faA^our of any person Avho is not a member of that class ; and any appointment to such person Avill accordingly be void. Thus, if the power be to appoint the property to all or any of the children of the ap- Children, pointer in such manner as he may think fit, no interest in the property can be appointed to any grandchild of the appointor ; for a grandchild is not an object of the power (7^). So if the poAver be to appoint amongst Nephews. nephcAvs or grandnephcAvs, those only can take any shares Avho ansAver that description (^q). Again, if the Younger power be to appoint portions amongst younger children, nothing can be taken by a younger son avIio afterAvards becomes the eldest by the decease of his elder brother (r) ; although if he should have actually received any share in the money AA^hilst a younger son, he Avill not be obliged to reflind it on becoming the eldest (5). The word (0) Wilson V. Piggott, 2 Yes. 514; Waring v. Zee, 8 Beav. 247. jun. 351 ; Wombrvell \. Hanrott, (?•) Chadmich v. Doleman, 14 Beav. 143 ; Walmsley v. Vern. 528 ; Lord Teynham v. Ymiglian, 1 De Gex & Jones, Wehh, 2 Ves. sen. 198 ; Gray y. 114. Earl of Limerick, 2 De Gex & {p) Alexander v. Alexander, Smale, 370. See Sandeman v. 2 Ves. sen. 640 ; Bristow v. Mackenzie, 1 John. & H. 613. Warde, 2 Ves. jun. 336. (.s) 2 Sugd. Pow. 293 ; 680» (§') Fnlltner v. Biitlrr, Amb. 8th cd. AV.P.P. T 274 OF PERSONAL ESTATE GENERALLY. Child en " younger," however, is not, in parental provisions (t), taken literally, but as meaning any child who may not be entitled to the family estate. Therefore a daughter, who may be the eldest child, would be considered as a pro])er object of a power to appoint amongst the younger children, whilst her younger brother, being the eldest son entitled, to the family estate, woidd not be allowed to participate (m). And in the same manner a second son becoming the eldest, but not obtaining the family estate, would be allowed a share (u). A power to appoint amongst children living at their father's decease ventre sa mere, includes a child en ventre sa mere {w\ "When an ap- pointment to the issue of a child is good. In some cases where the power only authorizes an appointment amongst children, an appointment in favour of the issue of a child may be sustained as being, in effect, first an appointment to the child, and then an as- signment by such child in favour of his issue {x). But this of course can only be done when the child is of age, and is a party to and executes the deed by which the appointment is made. And the more regular plan in such cases is, for the father first to make the appoint- ment in favom- of the child, and then for the child to make an assignment of the fund appointed to trustees in trust for his children in the manner intended. Appointment An appointment by a father in favoiu^ of his child, in by a father exercise of a power for that purpose, ouffht to be made must not be ^ ... for his own for the benefit of the child who is the object of the pro- benefit. (J:) Hallr. Hewer, Amb. 203; Lyddon v. Ellison, 19 Beav. 565. (w) Pierson v. Garnet, 2 Bro. C. C. 38 ; Henenge v. Hnnloltc, 2 Atk. 456 ; Beale v. Beale, 1 P- Wms. 24L (?•) Spencer v. Spencer, 8 Sim. 87 ; Macouhrey v. Jones, 2 Kay & J. CSl ; Siny v. Leslie, 2 Hem. & Mil. 68. (?v) Beale v. Beale, 1 P. Wms, 244. (x) Boutledgey. Dorril, 2 Ves. jun. 357 ; West v. Berney, 1 Knss. & My. 431, 439 ; Goldsmid V. Goldsmid, 2 Hare, 187 ; Lim- iard v. Grate, 1 Mylne & Keen, 1. OF SETTLEMENTS OF PERSONAL PROPERTY. 275 vision, and not indirectly for the benefit of the father Avho makes the appointment or of any other person. Accordingly, any exercise of the power under a bargain for, or even with a view to the benefit of the appointor, or of any other person than one of the objects of the power, "wdll be considered as, in technical phrase, a fraud Fraud on the on the power and will be void (y). But when there is P°^^^- no e\ddence that the appointment is made under a bargain for the benefit of the father, although there may be strong suspicion that such is the case, the ap- pointment cannot be set aside (2"). Powers of appoint- ment amongst children usually enable the parent to fix the age or time at which the fund appointed shall vest in any child. But, on the principle just stated, a father will not be allowed to make an immediate appointment to an infant child, for the sake of becoming himself entitled to the fimd appointed, as the child's personal representative in the event of its decease (a). An ap- pointment to an infant is not, however, necessarily void on accoimt of the circumstance that the father, who has made the appointment, will become entitled to the property appointed in the event of the child's de- cease (b). In the exercise of powers of appointment amongst Perpetuity to children, care should be taken not to postpone the vest- },^ avoided m ' _ . . ^ ^ the exercise 01 iug of their shares to a period which may exceed the powers. (y) Danheney v. Cocltbiirn, 1 Ves. 467 ; Hamilton v. Kirrvan, Meriv. 626 ; Palmer t. Wheeler, 2 Jones & Lat. 393 ; Camplell v. 2 Ball & Beatty, 18 ; Jachson v. Home, 1 You. & Coll. N. C. 604. Jachson, 1 Dru. 91 ; Thompson («) Cunynghame v. Thurlow, V. Simpson, 2 Jones & Lat. 110 ; 1 Russ. & M. 436 ; Lord Sand- Tophamy. Dulie of Portland, 1 wich's case, cited 11 Ves. 479 ; De Gex, Jones & Smith, 517; Gee v. Gurney, 2 Coll. 486. Pryor v. Pryor, 2 De Gex, J. & (&) Butcher v. Jackson, 14 S. 205. Sim. 444 ; Fearon v. Dcshrisay, (z) M'Qtieen v. Farquhar, 11 14 Beav. G35. T 2 27G. OF PERSONAL ESTATE GENERALLY. limits alloAved by the law of perpetuity ( c). ^Yhen the power of appointment is a general power, enabling the appointor to make a disposition in favour of any object he may please, the property is e^-idently not tied up so long as such a power exists over it; and neither the reason nor the mle which forbids a peqietuity has any application till some settlement is made in exercise of such a power. In such a case, therefore, the limits of per- petuity commence from the time of the appointment (c?). But where the power of appointment is to be exercised only in favour of a particular class of objects, the pro- perty subject to the power is evidently already tied up in favour of that class. The hmits of perpetuity are therefore in this case to be reckoned, not fi-om the time of the exercise of the power, but fi'om the date of its creation. The interests given by the power must, for this pm-pose, be regarded as if they had been inserted in the settlement by which the power was created; and if such interests would have been too remote, if inserted in the original settlement, they will be too remote when given in exercise of the power (e). Thus a person having a general power of appointment by -will over a frmd, may by his will appoint a share of it in favour of any unborn child of his own, to be vested in such cluld on his attain- ing the age of twenty-tlu-ee years. The limit of per- petuities is reckoned from the time of the appointment, which in this case is the death of the appointor, when his will begins to take effect. The child must necessarily then be born, or in ventre sa mere, and the child's life is accordingly the life then in being withia which the share must necessarily vest. But if by a marriage settlement a ftmd be settled in trust for the father for his hfe, and (c) See ante, \>. 2G8. 2 ; 1 Sugd. Pow. 498 ; 396, 8th {d) 1 Sugd. Pow. 249, 49.5 ; ed. ; Routledge v. Lorril, 2 Ves. 395, 8th ed. jnn. 357. (e) Co. Litt. 271 b, n. (1), vii. OF SETTLEMENTS OF PERSONAL PROPEKTY. 277 after his decease in trust for the children, in such shares as he shall appoint bj his will, he cannot make an ap- pomtment in favour of any unborn child, to be vested on his attaining the age of twenty-three years. For in this "^ '- '■r W c '«* , case the limit of perpetuities counts from the date of the " *"•''' ''"^ »4i settlement, when the property was first tied up for the -'^ ^ "*' benefit of the children ; and this limit would be exceeded ( \ ■ d. •— ' c 7 /• ' if the child should not attain the given age within twenty- ^,i ^ I n tion of the income, Avithout reference to his abiUty,*fM^ i^\>*-^'%' , should be expressly directed ; and, if such application '^ '' ^ ^ " ' *V be so directed, the income must of course be applied accordingly (s). When two funds are provided for the Whenlwo maintenance of an infant, it is frequently difficult to vi^ded fw main- decide to which fund recourse should be first had. The tenance^ general rule is, that the interest of the infant determines ^ . the order of application (t); but, in order to avoid (j^^Q^-p ^^Jj^^^ .^J^..^ tions, it is very desirable, when two funds are pro\dded ^ 73^. dr. 2TV for an infant's maintenance, to direct that one of themr**,;;-; — r, — - ^ shall be in aid only of the provision afforded by the^^*^ ^ • ' ^ other. But the act to which we have just referred 'isew enact- ment. "7- gives, as we have seen {ii), a discretion to the tr^^stees^^^^ r x-j.j^ to apply the income of the infant's property for his maintenance, Avhether there be any other fund ap- phcable to the same purpose, or any other person bound by law to provide for such maintenance or education, or not. ■^ In settlements of personal property, it has long been Investment of usual to pro^dde for the investment of the fund settled in the parliamentary stocks or public funds of Great Britain, or at interest upon government or real secu- rities in England or Wales, but not in Ireland ; and at the present day investments in railway debentures, pre- ference shares and other secm-ities yielding a larger income, are often authorized. Government securities. Government as distinguished from stocks or flmds, seem to be notliing else than Exchequer bills, in which trustees appear to be justified, even without express authority, in investing the property for any temporary piu-pose, as during the necessary delay in completing a contem- (s) See Wetherell v. Wilson, 1 Sim. & Stu. 165 ; Lygon v. Lord Keen, 80 ; White v. Grane, 18 Coventry, 14 Sim. 41. Beav. 571. {n) Ante, pp. 279, 280. it") Foljamhe \. Willovgh'hy,2 secunties. ^jP. ya ^. -2- ^ 282 OF PERSOXAL ESTATE GEXEKALLY. plated mortgage seciu-ity (u). But where a permanent investment is intended, a trust to lay out money in government securities will not authorize the purchase Real security, of Exchequer bills (ic). Real security means the mort- gage of real estate, namely, freehold or copyhold here- ditaments of sufficient value {x). And if it be desired that the trustees should have power to invest the trust money on mortgage of leasehold estates, or in railway debentures (y), or shares, or any other securities, or to lend it to any person on his bond, express authority The Improve- ought to be given to the trustees for the pui-pose. But ment of Land ^y^g Improvement of Land Act, 1864, now provides. Act, 1864. , ,, ■,. -,1 1 that all trustees, dn-ectors and other persons who may be du-ected or authorized to invest any money on real security shall (unless the contrary be provided by the instrument directing or authorizing such investments) have power at their discretion to invest money in the charges authorized by that act, or on mortgages there- of (z). And it is fiirther provided, that no charge on land made by any absolute order of the Inclosure Com- missioners by virtue of that act shall be deemed such an incumbrance as shall preclude a trustee of money, ■with poAver to invest the same in the pm-chase of land or on mortgage, from investing it in a purchase or upon a mortgage of the land so charged, unless the terms of his trust or power expressly provide that the land to be so purchased or taken in mortgage be not Real securities subject to any prior charge (a). Investments in Ire- in Ireland. ((•) 3Iatthe7vs Y. Brise, 6 Beay. 15 Beav. 221. Turnpike bonds 239 244. are real securities for some pur- (w) Mv j^arte Chaplin, 8 Yon. poses; Robinson v. Bobinson, 6 Coll. 397 ; as to the issue of Lords Justices, 1 De Gex, Mac.-& Exchequer Bills, see stat. 24 Vict. Gord. 247, 262. c. 5. (y) 3Iortimore\. Moj'timore,^: (a;) See Stichiey v. Sen-ell, 1 De Gex & Jones, 472. My. &Cr.8; Phillij>sony. Gattij, {z) Stat. 27 & 28 Vict. c. 114, 7 Hare, 516 ; Mant v. Leith, 15 s. 60. Beav. 524; Drosier v. Brereton, {o j Sect. 61. OF SETTLEMENTS OF PERSONAL PEOrEllTY". 283 land Avere often expressly proliibited, on account of an act of parliament, which empowered trustees, who were authorized by their trust to lend money at interest on real securities in England, Wales or Great Britain, to lend the same at interest on real securities in Ireland (6). But all loans of money on real secui-ities in Ireland under the act, in which any minor or unborn child, or 2)erson of unsound mind, might be interested, were required to be made by the direction and under the authority of the Coiu^t of Chancery in England, to be obtained in any cause or upon petition in a summary Avay (c) ; and every such loan was to be made with the consent of the person or persons, if any, whose consent might be required as to the investment of such money upon real securities in England, Wales or Great Britain, testified in the manner required by the trust (d ). And it was also provided that the act should not apply to cases where there was an express restriction against the investment of the trust money on securities in Ire- land (e). A recent statvite now provides, that when New enact- a trustee, executor or administrator shall not, by some instruments creating his trust, be expressly forbidden to invest any trust fund on real securities in any part of the United Kingdom, or on the stock of the Bank of England or Ireland, or on East India Stock, it shall be lawful for such trustee, executor or administrator to invest such trust fund on such securities or stock ; and he shall not be liable on that account as for a breach of trust, provided that such investments shall in other respects be reasonable and proper {f ). This pro\dsion (h) Stat. 4 & 5 Will. IV. c. 29. 510 ; Ux parte Lord William Leaseholds for lives perpetually Pawlett, 1 Phill. 570 ; JVorris v. renewable at a head rent form real Wright, 14 Beav. 291. securities in Ireland ; Macleocl v. () S^at. 22 5; 20 Vict. c. 35, s. 23. OF SETTLEMENTS OF PERSONAL PROPERTY. 289 revived by codicil executed after the 28tli August, 18G0, it is now provided that the receipts in writing of any tnistees or trustee for any money payable to them or him, by reason or in the exercise of any trusts or powers reposed or vested in them or him, shall be suf- ficient discharges for the money therein expressed to be received, and shall effectually exonerate the person paying such money from seeing to the application thereof, or from being answerable for any loss or mis- application thereof (c). Every settlement, the trusts of which were likely to power to ap- be of long duration, formerly contained a power of ap- P°^°*' "^^^ ° . . trustees. pointing new trustees in the event of any trustee dying, going to reside beyond the seas, desiring to be dis- charged, refusing, or becommg incapable to act in the execution of the trusts {d). And as the mere appoint- ment of a trustee was not sufficient to vest the trust property in him, it was usual and proper to direct that, on every such appointment, the trust property should be so conveyed, assigned, transferred or paid as effectu- ally to vest the same in the new trustee jointly with the surviving or continuing trustees, or solely, as the case might require. Every new trustee was also invested with the same powers as the original trustees. But the New enact- act to which we have already referred (e), now provides ™'^^*' that whenever any trustee, either original or substituted, and whether appointed by the Court of Chancery or otherwise, shall die, or desire to be discharged from or refuse or become unfit or incapable to act in the trusts or powers in him reposed, before the same shall have been fully discharged and performed, it shall be lawftil (c) Stat. 23 & 24 Vict. c. 145, act applies also to trustees ap- s. 29. pointed by the Court of Chancery (d) See Appendix B. of the County Palatine of Lan- (e) Stat. 23 & 24 Vict. c. 145, caster. Stat. 28 Vict. c. 40. s. 27, ante, pp. 279, 280, 285. This w.r.p. u 290 OF PERSONAL ESTATE GENERALLY. for tlie person or persons nominated for tliat purpose by the deed, will, or other instrument creating the trust (if any), or if there be no such person, or no such person able and willing to act, then for the surviving or con- tinuing trustees or trustee for the time being, or the acting executors or executor, or administrators or ad- ministrator of the last sm-^aving and continuing trustee, or for the last retiring trustee, by writing, to appoint any other person or persons to be a trustee or tnistees in the place of the trustee or trustees so dying or desning to be discharged, or refusing, or becoming unfit or in- capable to act as aforesaid ; and so often as any new trustee or trustees shall be so appointed as aforesaid, all the trust property (if any) which for the time being shall be vested in the sm-vi^dng or continuing ti-ustees or trustee, or in the heirs, executors or administi-ators of any trustee, shall, with all convenient speed, be con- veyed, assigned and transferred so that the same may be legally and effectually vested in such new trustee or trustees, either solely or jointly with the surviving or continviing trustees or trustee as the case may require, and every new trustee or trustees to be appointed as aforesaid, as well before as after such conveyance or as- signment as aforesaid, and also every trustee appointed by the Coiut of Chancery, either before or after the passing of the act, shall have the same powers, authori- ties and discretions, and shall in all respects act, as if he had been originally nominated a trustee by the deed, will, or other insti'ument creating the trust. This act, as we have before observed, extends only to instruments executed or wills confirmed or revived by codicil exe- cuted after the 28th of August, 1860. A mere power to appoint a new trustee does not render such appoint- ment imperative ; and in case of the death of any trustee, the sur\dvors or survivor may still carry on the ordinary business of the trust (/). When a trustee (/) Warhurton v. Sandys, 14 Sim. C22. OF SETTLEMENTS OF PERSONAL PROPERTY. 291 has once accepted the office, he has no right to retire, unless the person having the power to appoint another trustee in the event of his retiring should consent to do so ig) ; or unless, from unforeseen circumstances, the duties of the trust should have become more onerous than was contemplated by the trustee Avhen he accepted the office (A). When several deeds are required for the Stamp duty. appointment of a new trustee, it is now sufficient if one of the deeds be stamped mth a duty of 1/. 155. and the others with the same duty as would be payable on a duphcate thereof (z). The Trustee Act, 1850 (A), the provisions of which Trustee Act, have been extended by a more recent act (/), empowers the Com-t of Chancery to appoint a new trustee in all : f^^xr ^ ' f .. cases where it is inexpedient, difficult or impracticable \ ' t^ o' ' 7y^, ^^ so to do without the assistance of that com-t, and either ^^^^ ^ in substitution for, or in addition to, any existing trus- -■■ - tee im), and whether there be any existing trustee or ^-y^ /a Jl^.'^rf-x not {n). Provision is also made for the appointment of a new trustee in lieu of any trustee who may have been convicted of felony (o), and for the infancy (7?), lunacy or idiotcy of any trustee or executor (5'), and for his being out of the jurisdiction of the court, or not being found, and for its being uncertain whether he is lining or dead (r), and for his neglecting or refusing ((7) Adams v. Paynter, 1 Coll. (J) Stat. 15 & 16 Vict. c. 55. 532. (wi) Stat. 13 & 14 Vict. c. 60, {1i) Coventry v. Coventry, 1 ss. 32, 35. Keen, 758. ('0 Stat. 15 & 16 Vict. c. 55, (i) Stat. 24 & 25 Vict. c. 91, s. s. 9. 30. See Principles of the Law of (p) Sect. 8. Eeal Property, 136, 6tli ed ; 139, (i^) Sect. 3. Tth ed. ; 145, 8th ed. iq) Stat. 13 & 14 Vict. c. 60, {k) Stat. 13 & 14 Vict. c. 60. ss. 5, 6 ; 15 & 16 Vict. c. 55, ss. See Principles of the Law of Real 10, 11. Property, p. 142, 3rd and 4th eds.; (r) Stat. 13 & 14 Vict. c. 60, 148, 5th ed. ; 155, 6th ed. ; 158, ss. 22, 25. 7thed.; 166, 8th ed. tj2 292 OF PEESONAL ESTATE GENERALLY. to transfer any stock, or to receive the dividends or income thereof, or to sue for or recover any chose in action (5). Trustees' costs and respon- sibilities. Solicitor can- not charge for professional trouble. The office of trustee of a settlement is one involving gi'eat responsibility, and frequently much trouble, with- out any remuneration ; for a tiiistee is not allowed to make a profit of his trust. And if he be a solicitor, he cannot receive payment for his professional trouble incurred in the bvisiness of the trust {t), unless he ex- pressly stipulate before accepting the office, that he shall be pennitted to do so {u), or unless his charges be voluntarily paid by the cestui que trust with fuU knowledge that they might have been resisted {x). But a trustee may charge against the trust property all costs and expenses properly inciuTcd in the conduct of the trust. And, it has been held, that in the event of a suit being brought against the trustees, one of the trustees, being a solicitor, may be employed by his co-trustees, and may make the usual charges against them, provided the amoimt of the costs be not thereby increased (y). And every trustee is allowed in a suit his flill costs, as between solicitor and client (z). But his right to costs may be forfeited by his negligence or misconduct (a) ; or he may even be made to pay the costs of the other (s) Stat. 13 & 14 Vict. c. 60, ss. 23, 24, 25 ; stat. 15 & 16 Vict. 0. 55, ss. 4, 5. (t) Moore v. Frowd, 3 My. & Craig, 45 ; Fi'aser v. Palmer, 4 You. & Coll. 515 ; Collins v. Carey, 2 Beav. 128 ; Bainhrigge V. Blair, 8 Beav. 588 ; Todd v. Wilson, 9 Beav. 486. See Ex parte Newton, 3 De Gex & Sm. 584. (?0 Be Sherwood, 3 Beav. 388. (■r) Stanes v. Parlier, 9 Beav. 385. See Gomley v. Wood, 3 Jones & Lat. 678. (y) Cradock v. Piper, 1 Mac. & Gord. 664 ; Clack v. Carlon, V. C. W., 7 Jur., N. S. 441. Sec, however, Lincoln v. Windsor, 9 Hare, 158; Lyon v. Baiter, 5 De Gex & Sm. 622; BrovgMon v. BroiigMon, L. C, 1 Jur., N.. S- 965; 5De Gex, M. & G. 160. (r) 2 Fonb. Eq. 176. («) Camphell v. Camphell, 2 My. & Craig, 25 ; Hoivard v. Bhodcs, 1 Keen, 581. OF SETTLEMENTS OF PERSONAL PROPERTY. parties {b). As the ti'ustee lias the legal title to the property, he is often enabled, if fraudulently inclined, to sell it or spend it for his oa^ti benefit. It is therefore highly proper that his conduct should be narrowly scru- tinized, and that he should be invariably punished for any breach of faith. But the Court of Chancery goes fiu-ther than this, and punishes, with almost equal se- verity, his neglect of duties, which in many cases he scarcely knows that he has undertaken. Thus, if a trustee, by his negligence or misplaced confidence in his co-trustee, gives him an opportunity to commit a breach of trust, of Avhich opportunity the co-trustee avails him- self, the innocent trustee will be made to replace the whole of the fund abstracted by the other (c). So if the trustee should depart from the letter of his trust, as by investing the trust fund on an unauthorized security, although at the importunity of some of the parties in- terested, and with a bona fide desire to benefit them all, he will be answerable for any loss which such departure may have occasioned (rf). And if, being ignorant of law, he shoidd give himself up entirely to his profes- sional adviser, he may still suffer from the mistake of his solicitor or conveyancer [e) ; and in such a case he will scarcely perhaps see the justice of the remark that he might (had he known how) have chosen a wiser soli- (5) Wllso?i\. Wilson, 2 Keen, (d) Drh-er v. Scott, i Euss. 249; Willis v. Hiscox, 4 My. & 195; Pride v.JPooks, 2 Bear. 430; Craig, 197; Flrmin t. Pulliam, Forrest v. Elwes, 4 Ves. 497; 2 De Gex & Sm. 99. Watts v. Girdlestone, 6 Beav. (c) Lord Shi2)hrooh v. Lord 188. Hinchinbrook, II Yes. 252; Br ice (e) Willis v. Hiscox, 4 My. & V. Stokes, 11 Ves. 319; Hanbury Craig, 197; Angier v. Stannard, V. KirMand, 3 Sim. 265; Booth 3 My. & Keen, 566; Hamiysliire V. Booth, 1 Beav. 125; Broad- v. Bradley, 2 Coll. 34; Boulton hurst V. Balguy, 1 You. & Coll. \. Beard, 3 De Gex, M. & G. 608; N. C. 16; Styles v. Gvy, 1 Mac. See, however, Poole v. Pass, 1 & Gord. 422 ; Bix v. Burford, Beav. 600 ; Holford v. Phij)j}s, 8 19 Beav. 409. Beav. 484; 4 Beav. 475. 293 294 OP PERSONAL ESTATE GENERALLY. New enact- ment. citor, or a more learned counsel (/*). In all ordinary settlements, clauses used to be inserted for the indem- nity and reimbursement of trustees, to the effect that they should not be answerable the one for the other of them, or for signing receipts for the sake of conformity, or for involuntary loss ; and that they might reimburse themselves out of the trust funds all costs and expenses incurred in relation to the trust. But these clauses, though often very highly valued by trustees, really afforded them httle, if any, further protection than they would have been entitled to, if left to the ordinary rules of equity (^). It has, however, been recently enacted that every deed, will or other instrument creating a trust, either expressly or by impHcation, shall be deemed to contain these clauses (h). It would have been more direct, and therefore more jDhilosophical, to alter the rules of equity with respect to trustees, if alteration were required, rather than to enact that a deed shall be deemed to contain clauses which in fact are not there. tees. Act for better In order to pro^dde means for secm-ing trust fimds, fundTand^^e ^^^ ^^^ relie-sdng trustees from the responsibility of relief of trus- administering them, an act of parhament has been passed (^), whereby all trustees, executors, adminis- trators or other persons having in their hands (k) any monies belonging to any trust whatsoever, or the major part of them (/), may pay the same, with the privity of the accoimtant-general of the Court of Chancery, into the Bank of England, to the account of such accountant- general in the matter of the trust, in trust to attend the (/) 3 My. & Keen, 572. (g) Femvick v. Greewell, 10 Beav. 412; Brumridge v. Briun- Tidge, 27 Beav. 5. (A) Stat. 22 & 23 Vict. c. 35, s. 31. (0 Stat. 10 & 11 Vict. c. 9G, s. 1. (^) Buckley's Trust, 17 Bear. 110. (J) See Stat. 12 & 13 Vict. c. 74. OF SETTLEIMENTS OF PERSONAL TROPERTY. 295 orders of the court. Bank anuuities, East India and South Sea stock, and government and parliamentary secin-ities, held upon trust, may also be transferred or deposited in like manner. The trust is then adminis- . ^, ^^^ ^ ^ ^ tered by the com't upon petition in a summary way, i i:^\a 4l^^ \V without a biU, imless the court direct any suit to be*7 i-' "'t^f^J instituted (/«). AVhere the fund does not exceed in ^'J \ J^ '"^ amount or value the sum of five hundred pounds, juris-'>^-* ^ 'X/^^Th^i^X diction is now given to the county courts ; the fund, if County courts. money, being paid into a post-ofiice savings ban k^r^-^ c^C^— >^t'>4^ . established in the town in which the coxmty court \& ^- yF JP £L^ . 3 ri. held, in the name of the registrar of the coiu't, in ti'ust ^ ^ ' / ^ ' to attend the orders of the com-t. And stocks or secu- rities may be transferred into or deposited in the names of the treasurer and registrars of the court upon the like trust (?^). Where there is not a treasurer, a per- son shall be nommated, by rule of practice, to whom the transfer or deposit, in conjunction ^vith the registrar, may be made (o). A salutary act has recently been passed for the Punishment of punishment of fraudulent trustees, bankers, directors, trustees!" and public officers (j:?). More recent acts empower Power to apply any trustee, executor or administra tor, by petition o r of'^aNudc^e"^*^^ statemen^q be signed by counsel, to a])ply to any judge of the Court of Chancery, for his opinion, advice or du'ection on any question respecting the management or administration of the trust property ((7). In some marriage settlements, in addition to the Covenants for settlement actually made, a covenant is inserted for the wife'^s"fiitiire settlement of all such property as the intended wife shall property. become entitled to during the coverture or marriage. It (to) Stat. 10 & 11 Vict. c. OG, (0) Sect. 24. s. 2. {,!)') Stat. 20 & 21 Vict. c. 54. in) Stat. 30 & 31 Vict. c. 142, (), and conveyed to the partners as joint purposes. tenants in fee. On the decease of any of them, equity holds the survivors to be trustees of the share of the deceased for his executors or administrators as part of his personal estate (jj). Indeed, as a general rule, joint OAvnership is not Joint o^vner- ship not Lanfiston, 1 Exch. Rep. G34 ; (jj) liandall y. Bandall, 7 Sim. Pugh V. Stringjicld, 3 C. B., 271. N. S. 2. {q) PhllUps V. Phillips, 1 My. (m) Co. Litt. 1S2 a; A'empe Y. & Keen, 649, G63 ; Brooiti v. -;;?^1^,^^_^ ^ Andrews, 3 Lev. 290; Rex v. Col- Broom, 3 My. & Keen, 443 ; - ' " lector of Customs, 2 Man. & Sclw. 3Iorris v. Rearsley, 2 You. & *^^ '' ^"^~r ^ 12Z;BucUeyY.Barher,QY.yjch.. Coll. 139; Bligh v. Brent, 2 ^ Eep. 1G4. You. & Coll. 258; Houghton v. "^ ^^^-' (rt) Martin v. Crompe, 1 Lord Houghton, 11 Sim. 491; Ciistance Raym. 340; S. C, 2 Salk. 444 ; 2 v. Bradshaw, 4 Hare, 315, 322 ; Wms. Saund. 117 b, n. (2). Darhy v. Darhj, 3 Drew. 495 ; {o) Jcffercgs v. Small, 1 Vera. see Coohson v. Cookson, 8 Sim. 217 ; Lake v. Craddoch, 3 P. 529. Wms. 158. W.P.P. X 306 OF PERSONAL ESTATE GENERALLY. favoured in equity. No sundvor- ship in equity of joint secu- rities. favoured in equity, on account of the liglit of survivor- ship which attaches to it(/-). If therefore two persons advance money by way of mortgage or otherwise, and take the security to themselves jointly, and one of them die, the survivor will be a trustee in equity for the re- presentatives of the deceased, of the share advanced by him (s). And when the intention is that the sur%avor should receive the whole, a declaration should be in- serted that his receipt alone shall be a sufficient dis- charge for the money secured (t). Ownership in An ownersliip in common (or, as it is usually styled common. ^^ analogy to real estate, a tenancy in common) of chattels may arise either from the severance of a joint ownership, or from a gift to two or more to hold in common (?<). As, however, a chose in action is inalien- able at law, a joint ownership of a chose in action cannot be severed at law by either, or even by both, of the joint owners. Thus in case of the bankruptcy of a joint creditor, by Avhich all his estate becomes vested in his assignees, an action against the debtor must be brought in the joint names, formerly of the assignees, and now of the creditors' trustees and the other joint creditors (r). And if two joint creditors should become bankrupt, the action must be brought in the joint names, formerly of the assignees, and now of the creditors' trustees of both No tenancy in of them {w). A tenancy in common cannot in fact law of a cliose exist at laAv of a chose in action. A. may owe 20/. to in action. g. and C. jointly, or he may owe lOZ. to B. and 10/. to C. ; but he cannot owe 20/. to B. and C. in common. If each has a several cause of action, each must sue (r) 2 Atk. 55; 2 Ves. sen. 258. (s) Petty V. Styrvard, 1 Chan. Kep. 57; 1 Eq. Ca. Ab. 290. (#) See Principles of the Law of Real Property, 342, 1st ed.; 343, 2nd ed.: 355, 3rd ed.; 361, 4th ed.; 372, 5th ed.; 394, 6th ed.; 401, 7th ed.; 420, 8th ed. (m) Litt. sect. 321. (r) TJiomason v. Frere, 10 East, 41 8. See stat. 32 & 33 Vict. c. 71, s. 105, and the repealed stat. 1 2 & 13 Vict. c. 106, s. 152, repealing stat. 5 & 6 Vict. c. 122, s. 31. (n-) See Hancock y. Heywood, 3 T. Rep. 4.^3. OF JOINT OWNEPvSHIP AND JOINT LIABILITY. 307 separately. In equity, however, the case is different. Othei-wise ia Though B. and C. are joint owners at law, in equity ^^^^ ^' they may be owners in common ; and on the decease of either of them, his share may in equity belong to his representatives, instead of accruing beneficially to his companion. And with regard to letters-patent, it Letters pater. t. appears that, even at law, they may be the subject of an ownership in common, and that the assignee of an undivided share may alone sue for an infringement of that part of the patent, without joining the persons interested in the remaining shares (a;). And one owner in common of letters-patent can work the patent on his own account, without the concm-rence of the others (3/). In deciding whether a tenancy in common has been created by deed, there is very seldom any difficulty. But in wills, where greater indulgence is given to in- Gifts bj- will formal words, the rule is, that any words which denote tenancy^hi*^ ^ an intention to give to each of the legatees a distinct common. interest in the subject of gift;, wiU be sufficient to make them tenants in common. Thus a gift by will to two or more persons " equally to be divided between them " (z), or simply " between them " (a), or " in joint and equal proportions" (Z»), or " equally" (c), or " respectively" (d), or " to be enjoyed alike" (e), will make such persons tenants in common, and not joint tenants, as they would have been without the insertion of such words. In this respect the rule is the same (a;) Dunnicliff v. Mallet, 7 C. («) Laslihrooh v. Coch, 2 Mer. B., N. S. 209; Walton v. Lavater, 70. 8 C. B., N. S. 162. (h) Ettriche v. Ettricke, 2 (y) Mathers v. Green, L. C, Ambl. 656. 11 Jur., N. S. 845. (c) Lewen v. Dodd, Cro. Eliz. (2:) Blisset V. Cranmell, 1 Salk. 443. 2-2t3; PMlUjJsy. Phillips,2Y&r\i. {d) 1 Atk. 580; 1 Ves. sen. 430; 1 Eq. Ca. Abr. 292, pi. 6; 104. 1 P. Wms. 34. (e) Loveacres d. Mudge v. BligU, Cowp. 352. x2 308 OF PERSONAL ESTATE GENERALLY. Owners in common have merely a unity of possession. No survivor- ship. whether tlie subject of tlie devise or bequest be real or personal estate (/). Owners in common of personal estate^, like tenants in common of lands, have merely a unity of possession : the interest of one may be larger or smaller than that of the other, one having, for instance, one-tldrd, and the other, two-thirds of the property. So the title need not be the same, as one may have been originally a joint tenant with a thii'd person, who may have severed the joint tenancy by assigning his moiety to the other. The right of siu'vivorship, which springs from a unity of interest and title, has accordingly no place between owners in common (y). Joint liability. Release of one discharges all. Discharge by Bankruptcy Act. Connected with the subject of joint OAvnership is that of joint liabiHty. Two or more persons may be jointly liable to the same debt or demand. In a joint bond, the obligors, according to the usual form, bind them- selves, their heirs, executors and administrators jointly ; and in a joint covenant, they, in like manner, covenant for themselves, their hehs, executors and administrators jointly. In every case of joint liability, each is hable for the whole debt (A), yet they are aU, like joint owners, considered as one person. They must accordingly all be sued together dm-ing their joint lives {i); and a release to one of them will discharge them all {J). It is, how- ever, pro^dded by the Bankruptcy Act, 1869, that the order of discharge of a bankrupt shall not release any person who at the date of the order of adjudication was a partner with the bankrupt, or was jointly bound, or (/) See 2 Jai-m. Wills, 161 .?!^ seq. 1st ed.; 211, 2nd cd.; 231, 3rd ed. (g) Litt. sect. 321. (A) 1 Bam. & Aid. 35. (i) 1 Wms. Saund. 291 b, n. (4). O') 2 Rol. Abr. 412 (G), pi. 4; Clayton v. Kynaston, 2 Salk. 574; 2 Wms. Saund. 47 gg, n. (1); War- micTi y. Richardson, 14 Sim. 281. OF JOINT OWNERSHIP AND JOINT LIABILITY. 309 had made any joint contract with him (k). And if any Discharge by person iointly hable upon any simple contract shall be ^fat"te of i _ J J i ... . Limitations. discharged by the Statute of Limitations, but his co- conti'actor or co-contractors shall be liable by virtue of a new acknowledgment or promise, judgment may be given and costs allowed against the latter person or persons only (/). And if such person or persons shall jjlead in abatement that the other ought to be jointly sued, and it shall appear that he was discharged by the statute, the issue joined on such plea shall be found against such person or persons pleading the same (m). The fact of one joint debtor being beyond the seas at Alienee be- tlie time when the cause of action accrues, will not ^ °'^*^ ^'^'^®- deprive the others of the benefit of the Statutes of Limitation ; and the recovery of judgment against any who were not beyond seas, will be no bar to an action against the absent debtors on their return. And for this purpose no part of the United Kingdom, nor the Isle of Man, nor the Channel Islands, are to be con- sidered as beyond seas(?z). After the decease of any After the de- one ioint debtor the survivors or survivor of them may cease of one '' •' joint debtor still be sued for the whole debt, as though the deceased the survivor had no share in it (o), and the estate of the deceased ^°^^^^ ^'''''^^• will be discharged from all liability both at law and in equity (p). So if a judgment be obtained against two or more jointly, and one of them die, the estate of the survivor or survivors, whether real or personal, will be exclusively liable to be taken in execution ; although (l) Stat. 31 & 32 Vict. c. 71, (n) Stat. 19 & 20 Vict. c. 97, s. 50; mite, p. 158. The former ss. 11, 12. enactment was stat. 21 & 25 Vict. (o) Rlcliards v. Heather, 1 c. 134, s. 163, repealing stat. 12 & Barn. & Aid. 29. 13 Vict. c. 106, s. 200, repealing {jf) Richardson v. Horton, 6 stats. 6 Geo. IV. c. 16, s. 121, and Bcav. 185; Wilmer v. Currey, 2 5 & 6 Vict. c. 122, s. 37, to the De Gex & Smale, 347; Crossley same effect. v. Bohson, 2 De Gex & Smalc, 48(>; (Z) Stat. 9 Geo. IV. c. 14, s. 1. Other v. Iveson, 3, Drew. 177. (w) Sect. 2. 310 OF PERSONAL ESTATE GENERALLY. the real estate of the deceased, having formerly been bound from the date of the judgment, was until recently liable to contribute equally with the real estate of the survivors (§-). Joint and several lia- bility. Form of a joint and several bond. Form of a joint and se- veral covenant. A liability, however, may be both joint and several at the same time ; and, as such a liability is more bene- ficial to the creditor, it is more usual than a liability which is simply joint. A joint and several bond has hitherto run in this form : — " for Avhich payment to be well and tndy made, we bind ourselves, and each of us, and the heirs, executors and administrators of us and of each of us, jointly and severally ; " or if there were a larger number of obligors, say five, the better form was : — "for which payment to be well and truly made, we bind ourselves, and each of us, and any two, three, or four of us, and the heirs, executors and administrators of us, and of each of us, and of any two, three, or four of us, jointly and severally." But now, as we have seen (r), all mention of heirs, executors and ad- ministrators may be omitted. In the case of a joint and several bond, an action may be brought against all the obligors, or against any one, two, three or foiu' of them whom the obligee may select ; othermse he must have sued either all of them jointly, or any one of them singly (5). A joint and several covenant Avas usually in this form : — "And the said A. B. and C. D. do hereby, for themselves, their heirs, executors and administrators jointly, and each of them doth hereby for himself respec- tively, and for his respective heirs, executors and ad- ministrators, covenant," &c.; or if there were more than two covenantors, the better form was, for the reason {q) 3 Rep. 14 b; Smarte v. Edsun, 1 Lev. 30; 2 Wms. Saund. 51. See now stat. 27 & 28 Vict. c. 112; Principles of the Law of Real Property, p. 82, 7th ed.; 83, 8th ed. 00 Ante, pp. 106, 107. (s) Per Buller, J., in Streat- Jicld V. Hallidaij, 3 T. Rep. 782. OF JOINT OWNERSHIP AND JOINT LIABILITY. 311 above given, "And the said A. B., C. D., E. F. and G. H., do hereby, for themselves, their heirs, executors and administrators jointly, and any two or three of them, do hereby, for themselves, their heirs, executors and administrators jointly, and each of them doth hereby for himself respectively, and for his respective heirs, exe- cutors and administrators, covenant," &c. In all cases of joint and several liability, each party is individually liable, and may be sued alone for the whole debt, or if the creditor please, he may sue them all jointly. In Release of ouc. consequence of the joint liability, a release of one of the debtors will discharge them all ; and, as they are all dis- charged, the creditor will thenceforth be unable even to sue any of them severally {t). As, however, the several liability is distinct from the joint, it is competent to the creditor, in releasing one of the debtors, expressly to reserve his remedy against the others ; and in this case, each of the remaining debtors ^-ill continue severally liable (<<). So he may covenant with one of the debtors Covenant not never to sue him ; and in such a case he will retain his remedy against the others severally (v). On account of the several liability, the estate of a person Avho has become jointly and severally boiuid is not discharged by his decease in the lifetime of his co-debtors, but still remains liable to the entire debt as respects the creditor, and to a proportion of it as respects the sur\dving co- debtors. It has been recently enacted, that no co- Payment by contractor or co-debtor, Avhether liable jointly only or jointly and severally, shall lose the benefit of the Statutes of Limitation by reason only of pajTnent of any prin- (i^) 2 Rol. Abr. 412 (G), pi. 5; 807; TJiompson v. Lack, 3 C. B. Clayton v. Eynaston, 2 Salk. 540; Kearsley v. Cole, 16 Mee. 574; Nicholsons. Rev ill, ^ AdiOl. & Wels. 136; Price v. Barker, & Ell. 683; S. C. Nov. & Man. Q. B., I Jur., K S. 775; 4 E. & 192; Ei-ans y. Bremriflge, 2 KsLj B. 760; Willis v. Be Castro, 4 & John. 174; affirmed, 8 De Gex, C. B., N. S. 216. M. & G. 100. (r) Lacy v. Kynaston, 2 Salk. (w) Ex parte Gifford, 6 Yes. 575; 2 Wms. Saund. 48, n. (1). 312 OF PEESONAL ESTATE GENERALLY. Liability of partners. Joint at law. Dormant partner. Joint and several lia- bility in eqnity. cipal, interest or other money by any otlier co-contractor or co-debtor (tv). One of the most usual means of incm-ring a joint and several liability is the entering into a partnership. At law the Hability of partners is joint only, as to debts incvm-ed by the partnership ; so that they ought all to be joined as defendants to an action at law for recovering any such debt (x). But a dormant partner, whose name may or may not be known, may either be joined or not at the pleasure of the creditor (y) ; imless the contract be under seal, in wliich case, as the deed is itself the contract, and not merely evidence of it (z), those only can be sued on it who have sealed and delivered it. In equity, however, in favour of creditors, all partnership debts are considered to be both joint and several. On the decease of a partner, therefore, his estate will be liable in equity to all the partnership debts incmTcd pre\'ious to his decease («); and the creditors may, if they please, resort in the first instance to the estate of the deceased, leaving it to his representatives to recover from the surviving partners their share of the debts (b). It seems, however, that in analogy to the rule in bank- ruptcy, next stated, the separate creditors of the deceased partner would first be paid in fall out of the estate, before its application to the pajmient of any of the debts of the partnership (c). (w) Stat. 19 & 20 Vict. c. 97, s. 14, not retrospective; Jackson V. Wofllley, 8 E. & B. 784. (,r) See Pace t. Shute, 5 Burr. 2G11; 1 Wms. Sauncl. 291 b, n. (4). (y) De Ihndort v. Sarmders, 1 Barn. & Adol. 398; Beckham v. Dralie, 9 Mee. & Wels. 79; 11 Mee. & Wels. .^1 5. (z) Ante, p. 88. {a ) Bevaynes v. Nolle, 1 Meriv. 529, 563 ; 2 Russ. & My. 495. (Jj) Wilkinson v. Henderson, 1 M. & Keen, 582; Braithn-aite V. Britain, 1 Keen, 206; Tliorpe y. Jackson,2Y(m. & Coll. 553; Way V. Basset, 5 Hare, 55. (c) Gray y. Chisn-ell, 9 Ves. 118; Brown v. Weathcrhy, 12 OF JOINT OWNERSHIP AND JOINT LIABILITY. 313 In tlie case of the bankruptcy of a trading partner- Bankruptcy of ship, the rule which is ahvays followed in the payment ner&^hip.^' ^^^^ of the debts is, that the ioint assets of the firm are in the Joint and 5 J Til several debts. first place liable to the partnership debts ; and that the separate estate of each partner is in the first place liable to his separate debts, which must be paid in full out of such separate estate, before any of it can be applied towards payment of the debts of the partnership {d). Any creditor of a partnership may however be a peti- tioning creditor in respect of his debt, on the bankruptcy of any individual member of the fu'm ; and in that case he wiU be entitled to a dividend on his debt out of the estate of such bankrupt .rateably with his separate cre- ditors (e). And the other partnership creditors may prove their debts on such separate bankruptcy in order to have a vote at any meeting of creditors ; but they can receive no dividends till the separate creditors have been paid in full (/). But if any creditor has a joint and several security, which would enable him, at law, to sue any partner severally, he may, at his option, prove his debt against the separate estate of any such partner instead of against the firm jointly (ff) ; but he cannot prove against both together (h). The Bank- ruptcy Act, 1869, provides that where joint and separate properties are being administered, di\-idends of the joint Sim. 6, 10; Ridgway v. Clare, Ves. G04; Ex parte Detastet, 19 Beav. Ill; Mluttingstall v. 17 Ves. 247; stat. 32 & 33 Vict. Grocer, M. R., 10 W. R. 53 ; c 71, s. 100. Lodge T. PritcTiard, i Giflf. 294. (/) Stat. 82 & 33 Vict. c. 71, {d) Ux 2}arte Mfon, 3 Yes. 238, s. 103. A similar provision was 241 ; Ux parte Kensington, 14 contained in stat. 12 & 13 Vict. Ves. 447; Ex parte Pealie, 2 c. lOG, s. 140, repealing stats. Rose, 54; Ex parte Harris, 1 6 Geo. IV. c. 16, s. G2, and 5 & G Mad. 583; Ex jyarte Janson, 3 Vict. c. 122, s. 39, to the same Mad. 229 ; Be Plummer, 1 Phil. efCect. 56; Ex parte Kennedy, 2 De {g) Ex parte Hay, I?, Yes. i. Gex, M. & G. 228; Ex parte (A) Ex parte Be can, 10 Ves. Topjnng, L. C., 11 Jur., N. S. 210. 107; Ex jun-te Husbands, 2 Glyn (p) Ex parte Acherman, 14 & Jam. 4. 314 OF PERSONAL ESTATE GEXERALLY. and separate properties shall, subject to any order to the contrary that may be made by the court on the applica- tion of any person interested, be declared together, and the expenses of and incident to such dividends shall be fairly apportioned by the trustee between the joint and separate properties, regard being had to the work done for and the benefit received by each property (i). The rule that the joint assets of the firm are in the fhst place liable to the partnership debts applies equally where there has been a change in the partnership prcAaous to the bankruptcy. The stock handed over to the new firm is primarily liable to all the debts incun-ed by them ; and the creditors of the old firm must first have re- com-se' to such assets, if any, as may still belong to the old fii-m, and cannot touch the property of the new partnership till all its creditors have been fully paid (k). The addition or withdrawal of a partner to or from a firm in difficulties may thus occasion serious detriment to its creditors. Dormant partner. It has recently been decided that the share of a dormant partner in the assets of the partnership is not goods in the order or disposition of the acting partner with the consent of the true owner thereof, so as to pass to his assignees, or now to the trustee for his creditors, in the event of his bankruptcy (/). Ostensible partner. The hability to the debts of a partnership may be in- curred by being an ostensible partner, although no share of the profits be received. Thus, if a person allow his uame to be used as one of a firm (m), or to be painted (/) Stat. 32 & 33 Vict. c. 71, s. 104. See the repealed stat. 2i & 25 Vict. c. 134, s. 177. (A) Ex parte Freeman, 'Buck, 471; Ex parte Fry, 1 G1}ti & Jam. 96; Ex parte Janson, 3 Mad. 229 ; Ex parte Sprague, 4 De Gex, Mac. & Gord. 866. (Z) Reynolds v. Boivley, L. E.., 2 Q. B. 474; 8 Best & Smith, 406; see ante, p. 54. {m) Parkin \. Carruthers, 3 OF JOINT OWNERSHIP AND JOINT LIABILITY. 315 over the door of a shop {n),h.e will be liable to the debts of the firm ; for credit maj thus be given to the firm on the strength of his character as a solvent person. On Retiring part- the same principle, if a person have once been known to ^^^' be a partner in the firm (o), his liabilitv to its debts will continue after his withdrawment, unless he takes proper means to inform the creditors that he has ceased to be a partner (^j)). But the circumstance of the name of a Deceased deceased partner remaining in the firm will not render ^^^ ^^^' Ins estate liable to the debts of the survivors (q). And if Executor car- a trader direct by his will that his trade shall be carried '''"'= °'' *^'^*^^' on by his executor, the executor, Avho ostensibly candies on the trade, wiU be liable for the debts he may thereby incur as fully as if he were canying on the trade for his own benefit (r); but so much only of the estate of the testator will be liable to such debts as he may have directed to be employed in the business (s). The rest of the testator's estate is held to be exempt, on the ground of the great inconvenience which would arise ft'om holding it liable after its distribution amongst the legatees. But in stiict principle, this exemjDtion is at variance with the rule next stated, that a liabilit}" is incuiTcd by any participation in the profits, Avhich ride, however, has now, as Ave shall presently see, been abo- hshed by act of parliament. Ils^. 2i:8; Yoimff Y. Axtell, cited 614; Webster v. Webster, 3 2 H. Black. 242. Swanst. 490, n. (») See WIvery. Hrnnble, IG {r) 10 Ves. 119. And at law East, 169, 174. he will be liable, though his name (o) Erans \. Drvmmoyul, 4 do not appear; Wtghtman v. Esp. 89: Brooke v. Enderby, 2 Townroe, 1 Mau. & Selw. 412. Brod. & Bing. 70; 4 Moore, 501 ; («) Ex parte Garland, 10 Ves. Carter v. Whalley, 1 Bam. & HO; Ex parteliicha7'dso)i,Bxick, Adol. 11. 202; Cutbush \. Cutbusli, 1 Bear. {p) Godfrey t. Turnbnll, 1 184; Be ButterfieU, 11 Jurist, Esp. 371; M'lver \. Humble, 16 955; Kirhman r. Booth, 11 Beav. East, 169. 273; M'Neillie v. Acton, i De (j) VulUaviy t. Noble, 3 Mer. Gex, M. & G. 744. 316 or PERSOXAL ESTATE GENERALLY. Participation in profits. A liability to tlie debts of a partnership was until recently incurred by a participation in the profits, although the circumstance of such participation might be unkno^vn to the creditors (t). It was enough that the business was carried on on Z»e7io//'o/ the participator (^^). Thus, if a person placed money in a partnership (x), or left it there on retiring (i/), Avith a stipulation to have a compensation for it, under whatever name, subject to abatement or enlargement as the profits might fluctuate, he was liable as a partner. If, however, he left no money in the concern, but was to receive a compensation for his ser\aces, or otherwise, a nice distinction was then drawn betAveen taking a share of the profits as such and taking a per-centage upon, or a salary varying with, the profits. He Avho took a share of the profits as such was liable as a partner (z) ; but he who took an equivalent in the shape of per-centage or salary, though varying with the profits, escaped the liability (a). And if a trading concern were carried on for the benefit of creditors, the creditors were not, fi'om the mere circiun- stance of their debts being paid out of the profits, liable as partners for the debts incm-red (b). Act to amend the law of partnership. A beneficial change has now been made by the act to amend the law of pai-tnership (c). This act provides (d), that the advance of money by way of loan to a person (t) Bechliam v. Drake, 9 Mee. & Wels. 79; 11 Mee. & Wels. 815. (?/) Kilshan- v. Jukes, 3 B. & S. 8i7. (a;) Grace v. Smith, 2 Wm. Black. 998, 1001; Waiigk v. Carver, 2 H. Black. 235. (y) Re Colheck, Buck, 48. {z) Ex ijarte Roivlandson, 1 Rose, 89, 91 ; Barry v. JVesham, 3 C. B. 641; Heyhoe\. Burge, 9 C. B. 431 ; see, however, Rawlin- son V. Clarke, 15 Mee. & Wels. 292. (^a) Ex iJarte Hamper, 17 Ves. 403; Pott V. Etjton, 3 C. B. 32; Stacker v. Brockelbank, 3 Mac. & Gord. 250. (ft) Wheatcroft v. Bickman, H. of L., 9 C. B., N. S. 47. (c) Stat. 28 & 29 Vict. c. 86, 5th July, 1865. {d) Sect. 1. .. OF JOINT OWNERSHIP AND JOINT LIABILITY. 317 engaged or about to engage in any trade or undertaking, upon a contract in writing with such person that the lender shall receive a rate of interest varying with the profits, or shall receive a share of the profits arising from carrying on such trade or undertaking, shall not of itself constitute the lender a partner with the person or persons carrying on such trade or undertaking, or render him responsible as such. And no contract for the remuneration of a servant or agent of any person engaged in any trade or undertaking, by a share of the profits of such trade or undertaking, shall of itself render such servant or agent responsible as a partner therein, nor give him the rights of a partner (e). And no per- son, being the widow or child of the deceased partner of a trader, and receiving by way of annuity a portion of the profits made by such trader in his bvisiness, shall by reason only of such receipt be deemed to be a partner of or to be subject to any liabilities incurred by such trader (^f ). And no person receiving by way of annuity or otherwise a portion of the profits of any bvisiness, in consideration of the sale by him of the goodwill of such business, shall, by reason only of such receipt, be deemed to be a partner of or be subject to the liabilities of the person carrying on such business (^). But in the event of any such trader as aforesaid being adjudged a bank- rupt, or taking the benefit of any act for the relief of insolvent debtors, or entering into an arrangement to pay liis creditors less than twenty shillings in the pound, or dying in insolvent circumstances, the lender of any such loan as aforesaid shall not be entitled to recover any portion of his principal, or of the profits or interest payable in respect of such loan ; nor shall any such vendor of a o-oodwiU as aforesaid be entitled to recover any such profits as aforesaid until the claims of the (e) Sect. 2. {g) Sect. 4, (/) Sect. 3. 318 OV PERSONAL ESTATE GENERALLY other creditors of the said ti-ader for vahiable consi- deration in money or money's worth have been satis- fied {h). Each partner liable to acts of the other in the ordinary course of busi- ness. Notice to one partner is no- tice to all. When the relation of partners has been established between two or more persons, either ostensibly or by participation in profit, each incurs liability from the acts and dealings of the other in the ordinary course of business. For any one partner may buy, sell (i) or pledge goods (/e) ; draw(Z), accept(?w) orindorse(??) bills of exchange and promissory notes; give guarantees (o), receive moneys (|?) and release or compound for debts (5-) in the name (r) and on the account of the firm, in the ordinary course of business. Each partner is also an- swerable for the fraud of his co-partner in any matter relating to the business of the partnership ( s). And in like manner notice of any matter relating to the part- nership, if given to one partner, is constructively notice to them all (t). And any agreement between the part- ners, by which any one of them may be restrained from doing any act to pledge the credit of the firm, though binding as between themselves, will not be binding on (70 Sect. 5. (i) Hi/at V. Hare, Comb. 383; Lamberfs case, Godbolt, 244. (Ji) Reid V. Hollimhead, 4 B. & Cress. 867. {I) Smitli V. Jarvis, 2 Ld. Eay- mond, 1484; Re Clarke, Ex imrte Buckley, 14 Mee. & Wels. 469 ; 1 Phil. 562. (m) Pinknerj v. Hall, 1 Salic. 126; 1 Ld. Eaym. 175; Lloyd \. Ashhy, 2 B. & Adol. 23. {n-)Srvan y. Steele, 7 East, 210; Vere v. Ashhy, 10 Bam. Si. Cress. 288. (0) Ex parte Gardom, 15 Ves. 286; see Halesham v. Youn^r, 5 Q. B. 833. (jj) Bii^ff V. East India Com- pany, 15 Ves. l'J8, 213. (q)Per Lord Ken3^on, 4 T. Rep. 519; i?er Best, C. J., 10 Moore, 393. (»•) Kirk V. Blurton, 9 Mee. & Wels. 284. (s) Willet V. Chambers, Cowp. 814 ; Stone v. Marsh, 6 Bara. &. Cress. 551 ; Larell v. Hicks, 2 You. & Coll. 481; Blair \. Brom- ley, 5 Hare, 542; 2 Phil. 354. (t) Per Lord Ellenborough, 1 Mau. & Selw. 259. OF JOINT OA^^SfERSHIP AND JOINT LIABILITY. 319 any creditor ( z^ "^^'lio ^^^J not have notice of'it(.r). If, Transartions , , ., ,-.i T not in the ordi- liowever, the transaction be not m the ordinary course ^^^^^ course of of the business of the partnership, the other partners business. will not be liable as such in respect of it. Thus one partner cannot bind the firm by a submission to arbi- tration (y), or by confessing- a judgment (z) ; and one partner has ordinarily no authority to execute a deed in the names of the others so as to bind the partner- ship (a). So a farmer carrying on his business in part- nership with another would not be liable on a bill of exchange drawn by his partner in the name of the partnership (J) ; neither would a solicitor be liable on a bill drawn by his partner in the name of his firm, though given to secure a partnership debt(c) ; for bill transactions form no part of the ordinary business of either farmers or solicitors. Again, there is no right or Directors of power implied by law in any of the directors of a joint- companies. stock company to bind the company by dra^ving or accepting bills .or notes («i); and in like manner notice of any matter relating to the business of a joint-stock company given to any member, even a director, is not constructive notice to the company itself (e). For joint- stock companies are essentially different from ordinary partnerships. It is not necessary that the directors shoidd have any other power to bind the company by Qit) WaugTi v. Carver, 2 H. 3 C. B. 742. Black. 2iib; South Carolina Banh (a) Harrison v. Jnclison, 7 T. V. Case, 8 Barn. & Cress. 427; Rep. 207; see Burn v. Bitrn, 3 Hawken t. Bourne, 8 Mee. & Ves. 573, 578. Wels. 703, 710. (h) Per Littledale, J., 10 Bam. {x) Minnit v. Whinenj, 5 Bro. & Cress. 138. Pari. Cas. 489; Ux pa7'te Bar- (c) Iledleij v. Bainhrirlge, 3 lington Bistrict Joint Stock Q. B. 316. BanMng Comjjany, In re Riches, {d) BicMnson v. Valpg, 10 L. C, 11 Jur., N. S. 122. See Barn. & Cress. 12S iBraniah v. also Hogg v. Skeen, 18 C. B., N, Roberts, 3 N. C. 963. S. 426. (e) Pon-les v. Page, 3 C. B. (y) Stead v. Salt, 3 Bing. 101; 16 ; Martin v. Sedgwick, 9 Beav. S. C, 10 J. B. Moore, 389. 333. (z) Hamhidge v. Be la Cronee, 320 OF PERSONAL ESTATE GENERALLY. New enact- ment. Shareholders in joint-stock companies. Provisional committee- man. bills or notes tlian such as may be conferred on tliem by the charter or articles of association (/ ). And the business of such companies is always carried on at an office for the purpose, and is not, lUvC that of ordinary partnerships, confided to any one individual member. The Companies Act, 1862, now pro^-ides, that a pro- missory note or bill of exchange shall be deemed to have been made, accepted or indorsed on behalf of any company under that act, if made, accepted or indorsed in the name of the company by any person acting under the authority of the company, or if made, accepted or indorsed by or on behalf or on account of the company by any person acting under the authority of the com- pany {gy The liability of a shareholder in a joint-stock com- pany to the debts of the company has been already noticed. It varies, as we have seen (A), according as the company is incorporated with unlimited liability or with liability limited by shares or by guarantee. The mere circumstance, however, of a person allowing his name to be pubhshed as a pro\dsional committee-man of a projected joint-stock company does not confer on the sohcitor or secretary of the intended company, or any one else, impHed authority to pledge the credit of such person for goods supplied to the company, or work done on its account (z). For to agree to become a member of a committee is merely to agree to become one of a body, to whom others have committed a par- ticular duty, and does not constitute an agreement to share with the other members of that body in profit or loss, which is the characteristic of a partnership (k). {f) Balfour v. Ernest, 5 C. B., N. S. 60L ig) Stat. 25 & 26 Vict. c. 89, s. 47; and see as to other contracts, Stat. 30 & 31 Vict. c. 131, s. 37, ante, p. 227. (A.) Ante, p. 228. (/) Reynell v. Lewis, 15 M. & W. 511; Barker y. Stead, 3 C. B. 946; Bailey v. Macaulay, 13 Q. B. 815. [It.) 15 Mee. & Wels. 529. ( -^21 ) CHAPTER III. OF A WILL. All kinds of personal property may be bequeatlied by Growth of will. This right, in its present extent, has been of very ^fjj^axy alien- gradual and alniOvSt imperceptible growth ; for anciently, ation. by the general common law, a man who left a wife and children could not depri^'e them by his Avill of more than one equal third part of his personal property. If, how- ever, he left a wife and no children, or children and no wife, he was then enabled to dispose of half, leaving tlie other half for the wife or for the children (a). This ancient rule, however, gradually became subject to many exceptions, by the customs of particular places, until the rule itself took the place of an exception and became confined to such places as had a custom in its favour. Tliese places, in later times, were the province of York, the principality of Wales, and the city of London ; as to all W'hich places, a general power of testamentary disposition was conferred by acts of parliament of William and Mary, Anne and George I. {b). And now", by the act for the amendment of the laws vnth respect to wills (c), every person of full age is expressly em- powered to bequeath by his will, to be executed as required by the act, all personal estate to which he shall be entitled, either at law or in equity, at the time of his decease. (a) 2 Black. Com. 492; Wil- York; stat. 7 & 8 Will. III. c. 38, liams on Executors, pt. 1, bk. 1, for Wales; and stat. 11 Geo. 1, ch. 1. See also 1 C. P. Cooper's c. 18, for Loudon. See 2 Bl. Reports, p. 539. Com. 493. (b) Stat. 4 & 5 Will. & Mary, (c) Stat. 7 Will. IV. & 1 Vict. c. 2, explained by stat. 2 & 3 c. 26, s. 3. Anne, c. 5, for the province of W.P.P. Y 322 OF PERSONAL ESTATE GENERALLY. Age at which a will of per- sonal estate might be made. Ko will of a minor now valid. The ecclesiastical courts, as we shall hereafter see, very early acquired the right of determining as to the validity of wills of personal estate ; and, in the exercise of this right, they generally followed the rules of the civU law. By this law males at the age of fourteen, and females at the age of twelve, were allowed, if of sufficient discretion, to make a testament (<^) ; and the same rule, accordingly, prevailed in this country with respect to wills of personal property {e), although, by some authorities, seventeen and even eighteen was said to be the proper age (f). The act for the amendment of the laws with respect to wills, has, however, now made the law uniform with respect to all wills, whether of real or of personal estate, and has enacted that no will made by any person under the age of twenty-one years shah be valid ((/). ]Sruncupativ( will. Statute of Frauds. No witness formerly re quired to a of personal estate. will Personal property was anciently of so little account that a will of it might be made by word of mouth, if proved by a sufficient number of witnesses, as well as by MT-iting ; and a will made by word of mouth was termed a nuncupative testament (A ). By the Statute of Frauds, however, a nuncupative testament, where the estate bequeathed exceeded the value of thirty pounds, was surrounded by so many requirements as to cause its complete disuse {i). But no pro^asion was made for guarding the execution of a written A\ill of personal estate ; although by the same statute (A) a A\dll of real estate was required to be attested by tlu-ee or four Avit- nesses. Ko attestation, therefore, was required to a will of personal estate, nor was it even necessary that 12, S. 1; (^d) Inst. lib. 2, tit Dig. lib. 28, tit. 1, s. o. (e) 2 Bl. Com. 497. (/) Co. Litt. 89 b, n. (6). (g) Stat. 7 Will. IV. & 1 Vict. c. 26, s. 7. (A) Wentworth's Executors, 1 1 et seq.; Williams on Executors, pt. 1, bk. 2, ch. 2, s. 6. (i) Stat. 29 Car. IL c. 3, ss. 19 — 21, explained by stat. i Anne, c. 16, s. 14. (A) Sect. 5. OF A WILL. 323 such a will should be signed bj the testator. Thus, in- structions for a will committed to WTiting, given by a person who died before the instrument could be for- mally executed, though such instructions were neither reduced into writing in the presence of the testator, nor even read over to him, have been held to operate as fidly as a will itself (Z). It was, however, pro\dded by the Statute of Frauds, that no will in writing of per- sonal estate shoidd be repealed or altered by word of mouth only, except the same were, in the life of the testator, committed to writing, and, after the writing thereof, read unto the testator, and allowed by him, and proved to be so done by tlu-ee witnesses at the least (m). By the recent act for the amendment of the laws with New enact- respect to wiUs, every will of personal estate must now ^ft^esses now be in Avriting, and signed at the foot or end thereof by requued. the testator or by some other person in his presence and by his direction ; and such signature shall be made or acknowledged by the testator, in the presence of two or more Avitnesses present at the same time ; and such witnesses shall attest and shall subscribe the will in the presence of the testator (w). The act, in fact, requires the same mode of execiition and attestation to every will, whether the property be real or personal. But an Exception in exception is made in favour of soldiers being in actual dterTaud sea- military service, that is, on an expedition (o), and of men. mariners and seamen, being at sea, who may dispose of their personal estate as they might have done before the making of the act (/>) ; a similar exception was contained (J) Carey v. Asltew, 2 Bro. C. 169, 4tli ed.; 175, 176, 5th ed.; C. 58; S. C. 1 Cox, 241. 183, 184, 6tli ed.; 187, 7th ed. ; (m) Stat. 29 Car. II. c. 3, s. 22. 196, 197, 8th ed. («) Stat. 7 Will. IV. & 1 Vict. (o) Drnmmond y. Parish, 3 c. 26, s. 9, explained by stat. 15 & Curt. 522. 16 Vict. c. 24. See Principles of {j}) Stat. 7AYilI. IV. & 1 Vict. the Law of Real Property, 168, c. 26, s. 11. T 2 324 OF PERSONAL ESTATE GEXERALLY. Seamen in the royal navy and marines. Merchant sea- men. in the Statute of Frauds {q). The wills of soldiers on an expedition may accordingly be made by an unattested writing, or by a mere nuncupative testament or decla- ration of their will by word of mouth, made before a sufficient number of witnesses. But the wills of petty officers and seamen in the royal navy, and of marines and non-commissioned officers of marines, so far as relates to any wages, pay, prize money or other monies payable by the admiralty, are required by act of parlia- ment (r) to be executed in the presence of and to be attested by a commissioned officer, or certain other officers or persons mentioned in the act ; and the wills of such persons are also guarded by other requisitions in order to prevent their being imposed upon. And by the Merchant Shipping Act, 1854, it is now provided that the Board of Trade may, in its discretion, refuse to pay or deliver the wages or effects of any deceased merchant seaman to any person claiming to be entitled thereto under any will made on board ship, unless such w411 is in writing and is signed or acknowledged by the testator in the presence of the master or first or only mate of the ship, and is attested by such master or mate. And the Board may, in its discretion, reflise to pay or deliver any such wages or effects to any person, not being related to the testator by blood or marriage, who claims to be entitled thereto under a will made elsewhere than on board ship, unless such will is in writing and is signed or acknowledged by the testator in the presence of two witnesses, one of whom is some shipj)ing master appointed under the act, or some minister or officiating minister or curate of the place in which the same is made, or, in a place where there are no such persons, some justice of the peace, or some British consular officer, or some officer of customs, and (_q) Stat. 29 Car. 11. c. 3, s. 23. (r) Stat. 28 & 29 Vict. c. 72, superseding stats. 11 Geo. IV. & I Will. IV. c. 20, ss. 48—51; 7 Will. IV. & 1 Vict. c. 26, s. 12. OF A WILL. 325 is attested by such Avitnesses (s). By tlic act to amend Revocation of the laws with respect to Avills it is provided, that no will ^ ^" • or codicil, or any part thereof, shall be revoked, other- Avise than by the marriage of the testator or testatrix (Avhich Avill of itself effect a revocation (^) ), or by an- other will or codicil executed in the manner thereby required, or by some Avriting declaring an intention to revoke the same, and executed in the manner in Avhich , , ' a Avill is thereby required to be executed, or by the ,j' ^ burning, tearing or otherAvise destropng the same by \ j- ^ | . ' | the testator, or by some person in his presence, and by ^-^ . j i »— - W his direction, Avith the intention of reA'okiuff the same (u). '"y—^'-^ .v**'»-«-) Sect. 3. s. 1. {c) Stat. 24 & 25 Vict. c. 121. (a) Sect. 2. OF A AVILL. 327 as aforesaid, shall be deemed, for all purposes of testate or intestate succession as to moveables, to retain the domicile he possessed at the time of his going- to reside there (d). Similar provisions may be made, after any such convention, with regard to the subjects of such foreign country dying in Great Britain (e). But this act is not to apply to any foreigners Avho may have obtained letters of naturalization in any part of her Majesty's dominions (f). Connected with the subject of wills is that of dona- Donatio mortis tions mortis causa, Avhich may here be noticed. A do- ^^^^''^' nation mortis causa is a gift made in contemplation of death, to be absolute only in case of the death of the giver {(/). Being a gift, it can be made only of chattels, the property in Avhich passes by delivery (A) ; althoiigh a bond debt has, contrary to this principle (i), been allowed to pass by way of donation mortis causa by delivery of the bond (k). And a policy of life assurance has also recently been held a proper subject for such a gift (/), also bills or notes though payable to order and unin- dorsed {m). An actual or constructive delivery of the subject of gift to the donee is essential to a donation mortis causa (?i) : it must also be made in expectation (fl) Stat. 24 & 25 Vict. c. 121, (I) Witt v. Amis, 1 Best & s. 1. Smith, 109. (e) Sect. 2. (m) Veal v. Veal, 27 Beav. 303; (/) Sect. 3. Rankin v. Wegueliii, 27 Beav. {g) Inst. tit. 7, De Donationi- 309. As to cheques, see Hewitt, bus, cited by Lord Loughborough, v. Kaye, L. R., 6 Eq. 198, M. R.; in Tate v. Hilhert,2YQ%.]\\u.\\'d; Brondcy v. Brunton, L. R., 6 Eq. Walter v. Hodge, 2 Swanst. 99. 275, V. C. S. (A) See an^e, p. 34 ; Miller v. (?t) Woody. Turner, 2Yts.s&\i. Miller, 3 P. Wms. 356. 431; Br y son v. Brownrigg, 9 Ves. (i) Biiffield\. Ehves, 1 Sim. & ]; Bvnn v. Marltliavi., 7 Taunt. Stu. 244. 22^; Ruddell v. Bobree, 10 Sim. (7^) S)iellgrove\. Baily,^ Afk. 244; FarqnJiarson v. Cave, 2 214; and see Bontts v. Ellis, 4 De Coll. 356; Powell v. Hellicar, 26 Gex, M. & G. 249; Moore v. Bar- Beav. 261. ton, 4 De Gex & Smale, 517. 328 OF PERSONAL ESTATE GENERALLY. of tlie donor's decease (o), and must be on condition that the gift be absolute only on that event (j)). It is no objection, however, that the donation is clogged with a trust to be performed by the donee ((7). A donation mortis causa is revocable by the donor during his life (r), and after his decease it is subject to his debts {s), and also to legacy duty (^). Appointment of executor formerly essen- tial. Executor en- titled to all personal pro- perty of tes- tator. Executor's assent. The mode of operation of a will of personalty is essentially different from the operation of a a^tH of lands in this respect, that in strictness the appointment of an executor was formerly essential to a will of personalty (?^) ; and, at the present day, the usual and proper method is to appoint an executor as to the personal estate ; whereas under a devise of landed property, the lands pass at once to the devisee, and the intervention of an executor is quite unnecessary and inapplicable (u). The executor of a Avill of personal estate becomes entitled, from the moment of the death of the testator, to all his personal property (.r), which after payment of the debts of the de- ceased he is bound to apply according to the directions of the will. Thus if the testator sliould specifically be- queath any part of his personal property, the property so bequeathed vdH not belong absolutely to the legatee until the executor has assented to the bequest ; and this assent must not be given until the executor is satisfied that there is sufficient to pay the debts of the deceased (o) Tate V. lUlhert, 2 Ves. jun. Ill; 4Bro. C. C. 286. ( 1)) Edwards v. Jones, 1 My. & Craig, 226; Stanilnnd v. Wil- loti, 3 Mac. & Gord. 664. (q) Blount v. Burrow, 4 Bi'o. C. C. 72; Hills V. Hills, 8 Mce. & Wels. 401. (»•) 7 Taunt. 232. (s) 1 P. Wms. 406; 2 Ves. sen. 434. (0 Stat. 36 Geo. III. c. 52, s. 7; 8 & 9 Vict. c. 76, s. 4. (?/) Wentworth's Executors, 3, 4, 14th ed.; 2 Bla. Com. 503. (r) In the goods of Bard-en, Law Eep., 1 Probate and Divorce Cases, 325. (■r) Co. Litt. 388 a; Com. Dig. tit. Biens (C) ; Williams on Exe- cutors, pt. 2, bk. 2. OF A WILL. 329 •without having recourse to the property so specifically given (?/). If the testator should appoint as his sole executor an infant under the age of twenty-one years, such infant will not be allowed to exercise his office during his minority ; but during this time the administration of the goods of the deceased will be granted to the guardian of the infant, or to such other person as the Court of Probate may think fit (z). Such person is called an Administrator . . ' . /■ \ rr • 1 durante vii- admmistrator durante minore cetate («). it a married. ,^0,.^ (gtate. woman should be appointed an executrix, she cannot Married wo- accept the office without the consent of her husband (<6), ^^'^^^ and ha\'ing accepted it with his consent, she is unable, without his concurrence, to perform any act of adminis- tration which may be to his prejudice ; whilst he, on the other hand, may release debts due to the deceased, or make assignment of the deceased's personal estate, without his wife's concm-rence (c) ; for as the general ride of law is that a husband and wife are but one person, the power, and mth it the responsibility, are vested in the husband. Nevertheless, a married woman, being an executrix, may make a will without the consent of her husband, confined to the personal estate of which she is executrix (rf) ; and the executor of her will so made will be the executor of the original testator. For Executor of it is a general rule, that if any executor should die ^^^^^ ^^ y^g " before having: completely administered the estate of his executor of , . testator. testator, the executor appointed by the will of such exe- cutor will be entitled to complete the distribution of the estate of the former testator (e). (y) Toller's Executors, bk. 3, {h) "Williams on Executors, pt. s. 2; Williams on Executors, pt. 1, bk. 3, eh. I. 3, bk. 3, ch. 4, s. 3. (c) Ibid. pt. 3, bk. 1, ch. 4 ; (z) Stat. 38 Geo. III. c. 87, s. 6. 5 Eep. 27 b. {a) Williams on Executors, pt. {d) Ibid. pt. 1, bk. 2, ch. 1, s. 2. 1, bk. 5, ch. 3, s. 3. {c) 2 Bla. Com. 506. And 330 OF PEESOXAi ESTATE GEXERALLY Any one of the executors may perform acts of administra- tion. All must join in bringing action. Appointment of debtor executor. Survivorship of office of executor. Renunciation by one in life- time of others. The testator however may, and usually does, appoint more than one person his executors. In this case the law regards all the co-executors as one individual per- son ; and consequently any one of the executors of flill age may, during the life of his companions, perform, without their concvuTence, all the ordinary acts of admi- nistration, such as giving receipts, making payments, and selling and assigning the property ( /"). But all the executors, infants included, must join in bringing actions respecting the estate (/z). If, therefore, the tes- tator appoint a person indebted to him as his executor, or one of his executors, this appointment will operate at law as a release of the debt (A). For the debt is a chose in action, and a n>an cannot either solely or con- jointly with others bring an action against himself. In equity, however, an executor who Avas indelited to the testator is bomid to account for his debt to the estate of the testator ( i). On the decease of any co-executor, the office survives to those who remain ; and imtil recently, if one of them should have reuomiced the executorship in the lifetime of his companions, he might at any time have changed his mind and undertaken the office. But if, having survived all his companions, he should then have renounced (J), or if, without such renunciation, administration should have then been granted to another person (k), he coidd not afterwards have interfei'ed. It seems that he is bound to do so; Brooke v. Haynes, Law Rep., 6 Eq. 25, M. R. (/) Shep. Touch. 484. {g) Williams on Executors, pt. 2, bk. 1, ch. 2. An ejectment was an exception, as any one executor might demise the entirety of the testator's leasehold land. Doe d. Stace V. Wheclcr,\o^lee. & Wels. 623. But see now stat. 15 & 16 Vict. c. 76, ss. 168 et seq. (A)Wentworth's Executors, 73, 14th ed.; Freakley v. Fox, 9 B. & Cress. 130. (i) Bac. Ab. tit. Executors and Administrators (A), 10; Simmo7is V. Gutteridge, 13 Ves. 264. . {j) Hensloe's case, 9 Rep. 36; Cress7vick v. Woodhead, 4 Man. & Gran. 811. (/<;) Venahles v. East India Company, 2 Ex. Rep. 633. OF A WILL. 331 is however now provided by the Court of Probate Act, Xew enact- 1857, that where any person after the commencement ™^° ' of that act(/), (which was fixed by Order in Council for the 11th of January, 1858,) renounces probate of the will of which he is appointed executor or one of the executors, the rights of such person in respect of the executorship shall wholly cease ; and the representation to the testator and the administration of his effects shall, without any further renunciation, go, devolve and be committed in like manner, as if such person had not been appointed executor {m). And by a subsequent act the same effect is produced whenever an executor named in a will survives the testator, but dies Avithout ha\dng taken probate, and whenever an executor named in a will is cited to take probate and does not appear to such citation (n). When two or more executors prove, the executor of the will of the siuwivor of them will, after the decease of all of them, be entitled to act as executor of their testator. If any person not duly authorized should intermeddle Executor de with the goods of the testator, or do any other act re- ''''"' '^^ ' lating to the office of executor, he thereby becomes an executor of his OAvn wrong, or, as it is called in laAV French, an executor de son tort. Such an executor is liable to the same demands from the creditors of the de- ceased as if he had been regularly appointed ; but like a regular executor he is not liable beyond the amount of the assets of the testator Avhich haA^e come to his hands. The chief difference between such an executor and one who has been duly appointed is this, that an executor de son tort is not allowed to derive any benefit fi-om his own wrongfid intermeddling ; whereas a regularly ap- pointed executor, if a creditor of the deceased, may law- (Z) III the (joods of Wtfham, s. 79. Law Rep., 1 Probate, 303. (>?) Court of Probate Act, 1858, (m) Stat. 20 & 21 Vict. c. 77, 21 & 22 Vict. c. 9.5, s. 13. 332 OF PERSONAL ESTATE GENERALLY. A will of per- sonalt}' must be proved. Court of Pro- bate. The probate the only proper evidence. Acts of exe- cutor before probate. fully retain his oavii debt out of the assets in preference to all other debts of the same degree (o). The most striking difference between a will of per- sonal estate and a will of lands yet remains to be noticed. A will of lands has always operated and still operates as a mode of conveyance requiring no extrinsic sanction to render it available as a document of title. But a "will of personal estate has always required to be proved. This probate of the will was until recently required to be made in some ecclesiastical court. But by the Court of Probate Act, 1857 (p), the jurisdiction of all the eccle- siastical com-ts over wills was entirely abolished, and a court was established called the Court of Probate, with a principal registry in London and district registries throughout the kingdom, in which all wUls of personal estate are now required to be proved. In this court the wiU itself is deposited, and a copy of the will, which is given by the court to the executor on proving, de- nominated the probate copy, is the only proper evidence of the right of the executor to intermeddle with the personal estate of his testator {q). Before probate, how- ever, the executor may perform all the ordinary acts of administration, such as receiving and giving receipts for debts due to the testator, paying the debts owing by the testator, and selling and assigning any part of the per- sonal estate. But when evidence is required of his right to intermeddle, the probate is the only valid proof; without it, therefore, no action or suit can be main- tained, although proceedings may be commenced before, and carried up to the point where the evidence is re- quired (r). Co) WJlliams on Executors, pt. 1, bk.3, ch. 5; pt. 3, bk. 2, ch. 2, s. 6. i]}) Stat. 20 & 21 Vict. c. 77, amended by stat. 21 & 22 Vict. c. 95. {q) Bex V. Netherseal, 4 T. R. 260; Wms. Ex. pt. 1, bk. 4, ch. 1. (r) Williams on Executors, pt. 1, bk. 4, ch. 1, s. 2; Stuart v. Burrorvcs, 1 Drmy, 2G5, 274. OF A WILL. 333 The jurisdiction of the ecclesiastical coui-ts over wills! Ecclesiastical of personal estate is of a very ancient origin. The pro- Jj""^ wUls." bate of wills of personalty, as a means of their authen- tication, appears to have been in use from the very earliest times. The first persons by whom probate was granted were said to be the lords of manors ; and some vestiges of this ancient right long remained in the case of one or two manors, the lords of Avliich retained such a jurisdiction {s) until aboKshedby the Court of Probate Act, 1857 {ty Bvit so early as the time of Glanville, who wi'ote in the reign of Henry II., the ecclesiastical courts had acquired an exclusive right to determine on the validity of a will or the bequest of a legacy (w). And from this period the right of the church to inter- fere in testamentary matters became gradually settled, though not without much opposition on the part of the temporal lords. A wall was required to be proved in the court of the In what court bishop or ordinary in whose diocese the testator dwelt, ||ave^been '^^ and within whose jurisdiction the personal effects of the taken out. testator consequently lay. But if there were effects to Bona nota- the value of 5/., called bona notabilia, in two distinct dio- ceses or jurisdictions within the same province, either of Canterbiuy or York, the wiU was required to be proved in the Prerogative Court of the archbishop of that province {x). If there Avere personal effects within two provinces, the wall must have been proved in each pro- vince, either in the Prerogative Court, or in some court of inferior jurisdiction ; observing, as to each proAance, the same rule as would have applied had the testator (s) Wentworth's Ex. 14tli ed. {x) Williams on Executors, pt. 99, 100; Toller's Executors, 50. 1, bk. 4, ch. 2. For an account of {t) Stat. 20 & 21 Vict. c. 77, the rise of the archbishop's juris- s. 3. diction, see Gent. Mag. new series, (w) Glanville, Hb. 7, cc. 6, 7; 1 vol. 12, p. 582. Reeves's Hist. Eng. Law, 72. 3:u OF PERSONAL ESTATE GENERALLY. Probate void. Voidable. Now valid. Probate in principal registry. In district registry. had no property elsewhere (y). If probate were granted hj a bishop, or other inferior judge, in a case Avhere the deceased had goods to the vakie of 51. in any other diocese in the same province, snch probate was abso- lutely void ; but probate granted by an archbishop, in a case where the deceased had not bona notahUia in divers dioceses, was voidable only, and not absolutely void(r). But the Court of Probate Act, 1857, now renders valid all grants of probates which were void or voidable by reason only that the courts from which they were obtained had not jurisdiction to make such grants, ex- cept where the same had been already litigated (a). And any will may now be proved in the principal re- gistry of the Court of Probate without regard to the abode of the testator (Z»). But if the testator had, at the time of his death, a fixed place of abode within any district, his will may be proved in the registry of that district (c) ; and the grant so made will be effectual even if the testator should not have had any fixed place of abode within that district {^d). Evidence re- quired on pro- bate. The evidence required for the proof of a will varies according to the form of the attestation, and also ac- cording to the circmnstance of the validity of the will being or not being disputed. The usual and proper form of attestation to a will expresses that the formali- ties required by the Wills Act {e) have been complied with ; thus, " Signed and declared by the above-named A. B., the testator, as and for his last will and testa- ment, in the presence of us, both present at the same time, wdio, at his request, in his presence, and in the (y) Second Report of Real Pro- perty Commissioners, 67. (z)Went\vorth's Executors, 110, 14tli ed.; Lysons v. Barroiv, 2 Bing. N. C. 486. (a) Stat. 20 & 21 Vict! c. 77, Sw. & Trist. 123; 9 W. R. 420. (/;) Stat. 20 & 21 Vict. c. 77, s. 50. (f) Sect. 46. id) Sect. 47. (e) Stat. 7 Will. IV. & 1 Vict. s. 8G; In the goods of Tucker, 2 c. 26, s. 9, ante, p. 323. OF A WILL. •>'>^ presence of each other, have hereunto subscribed our names as witnesses." When the attestation is in this form, and the vahdity of the will is not disputed, it is proved by the simple oath of the executor, that he be- lieves the Avill to be the true last will and testament of the deceased. But as such a form of the attestation clause is not essential to the validity of the will(/), wills are sometimes informally made without any clause of attestation, or with a clause which does not express that the required formalities have been complied with. When this occurs, an affidavit, in addition to the exe- cutor's oath, is required from one of the subscribing witnesses, that the will was executed in compliance with the statute («7). Probate in either of the above modes Probate in / • /• -r> X -x'^i ^'^•^. common form; IS termed probate m common form. Jjut it tne validity of the mil* should be disputed, or any dispute should be anticipated by the executor, the will is proved in solemn in solemn form per testes. In tliis case both the witnesses are sworn and examined, and such other evidence taken as the circumstances require, in the presence of the mdow and next of kin of the testator, and all others pre- tending to have any interest, who are cited to be present to see the proceedings. When a will has once been proved in this form it is finally established, and the exe- cutor cannot be compelled to prove it any more ; but when a will has been proved merely in common form, the executor may, at any time within thirty years, be compelled by any party interested to prove it per testes ill solemn form {h). The contentious jurisdiction with respect to the grant and revocation of probates of wills has been transferred to the county courts in cases where County courts. (/) Stat. 7Will. IV. & 1 Vict. of the Prerogative Court of the c. 26, s. 9. Archbishop of Canterbury; Stat. ig) Williams on Executors, pt. 20 & 21 Vict. c. 77, s. 29. 1, bk. 4, ch. 3, s. 3. The practice {h) Williams on Executors, pt. of the Court of Probate is gene- 1, bk. 4, ch. 3, s. 4. rally the same as the old practice 336 OF PERSONAL ESTATE GEXERALLY tlie personalty is under tlie value of 200/., and tlie deceased was not at the time of his death beneficially entitled to any real estate of the value of 300Z. (i). Stamp duties on probates. Indian govern- ment notes. Probates of -wills are required by act of parhament to be stamped -s^dth an ad valorem duty according to the value of the personal estate of the testator (^■) when- ever it exceeds lOOZ. (k). The effects of the testator within the jurisdiction of the spiritual judge granting probate were formerly alone valued for this pvu'pose (/). But it is now provided that probate shall be granted in respect of the whole of the personal and moveable estate and effects of the deceased in the United King- dom {m). And provisions have been made for extend- ing to England, Scotland and Ireland respectively pro- bates granted by the coiu'ts of probate which have now been established in England and Ireland, and confirma- tions, as they are called, of executors in Scotland (n). A recent act of parliament provides that all Indian government promissory notes and certificates issued or stock created in lieu thereof, being assets of a deceased person, the interest whereon shall be payable in London by drafts payable in India, and which at the decease of the owner thereof shall have been registered in the books of the secretary of state in coimcil in London, or in the books of the governor and company of the Bank of England, or shall have been enfaced in India for the purpose of being so registered before the decease of the owner thereof, and all Indian govennnent promissoiy (i) Stat. 21 & 22 Met. c. 95, s. 10. ( j ) Stats. 55 Geo. IH. c. 184 ; 5 & 6 Vict. c. 79, s. 23 ; 22 & 23 Vict. c. 3G, s. 1. (k) Stat. 27 & 28 Vict. c. 56, s. 5. (Z) Attorney-Generalx. Hoiie, 2 CI. & Fin. M ; Attorney- General V. Bonn-ens, 4 Mee. & Wels. 171. (;«) Stat. 21 & 22 Vict. c. 56, s. 15. As to ships at sea, see stat. 27 & 28 Vict. c. o6, s. 4. («) Stat. 20 & 21 Vict. c. 79, ss. 94, 95; 21 & 22 Vict. c. 56, ss. 12, 13, 14; 21 & 22 Vict. c. 95, s. 29. OF A AVILL. 537 notes issued with coupons attached, which, under such regulations and conditions as may be determined from time to time by the secretary of state in council, shall be so registered, and all certificates issued or stock created in lieu thereof, shall be deemed and taken to be personal estate and bona notabilia of such deceased person in England ; and probate or letters of adminis- tration in England, or confirmation granted in Scotland and sealed with the seal of the principal court of pro- bate in England, shall be sufficient to constitute the persons therein named the legal personal representatiyes of the deceased with respect to such notes and money as aforesaid (o). Probates of w-ills operating merely in Powers of (, n • L L J. r appointment, exercise oi powers oi appointment oyer property oi ^^ which the deceased had no ownership, Avere formerly held to be exempt from probate duty in respect of the yalue of the property appointed (7?). But it is nowNewenact- proAnded, that probate duty shall be paid in respect of ^^^j no™ all the personal or moA'eable estate and effects which payable. any person dying after the 3rd of April, 1860, shall haye disposed of by aaIII under any authority enabhng such person to dispose of the same as he or she shall think fit (<7). The distribution of the effects of officers Officers and and soldiers dying on seiwice is proyided for by the ^^ service'. ^"^ Eegimental Debts Act, 1863 (r). Exemptions fi'om Seamen, &c. probate duty haye been made by parHament in faA^our of the effects of common seamen, marines and soldiers, who may be slain or die in the queen's serAdce(5). And pay, wages, prize money or pensions due to deceased nayal officers, marines, seamen and others employed in (0) Stat. 23 Vict. c. 5, s. 1. As 257. to bonds and specialties, see stat. (_q) Stat. 23 Vict. c. 15, s. 4. 'Jo Vict. c. 22, s. 39. (r) Stat. 26 & 27 Vict. c. 57; (j?) Piatt V. South, 6 Mee. & and see the Army Prize (shares of AA^els. 756; 3 Beav. 257; affirmed deceased) Act, 1664, stat. 27 & 28 iu the House of Lords; Di'ake v. Vict. c. 3G. Attorney- General, 10 Ci. & Fin. (.?) Stat. 55 Geo. III. c. 184. Ay.r.p. z 338 OF PEESONAL ESTATE GENERALLY. the nav}', Avhose Avliole assets shall not exceed thirty- two pounds, are allowed to be paid out without probate Civil service, of their wills (#). And the exemptions thus made have recently been extended to all persons to whom any sum of money, not exceeding one hundred pounds, may be payable by a public department in respect of civil pay or allowances, or annuities granted under authority of parliament (w). And in the case of any civil or military allowances chargeable to the army votes, and of army prize money, the existing exemptions are extended to the Seamen's wills, sum of one hundred pounds (v). Probates of the wills of petty officers and seamen in the royal navy and of marines and non-commissioned officers of marines are placed by act of parliament under the care of an officer called the inspector of seamen's wills, and are subject to special regulations made to prevent frauds on persons proverbially careless and liable to imposition (a:). And with respect to merchant seamen, the Merchant Shipping Act, 1854, now provides, that if the money and effects of any such seamen do not exceed in value the sum of 50/., probate may be dispensed with at the discretion of the Board of Trade (?/). The probate duty is in the first place paid on the whole value of the personal estate of the testator without allowing for his debts ; and after the debts are paid, a return of part of the probate duty is made according to the value to which the estate may be reduced by the payment of the debts. But where leasehold estates are the sole security, by way of mort- gage, for any debts due from the deceased, the amount of such mortgage debts may be deducted from the Mortgage of leaseholds. (0 Stat. 4 & 5 Will. IV. c. 25, s. 8. (u) Stat. 31 & 32 Vict. c. 90, s. 1. (v) Sect. 2. (.r) Stat. 11 Geo. IV. & 1 Will. IV. c. 20, ss. 55 — 58, aiuenclefl by Stat. 2 & 3 Will. IV. c. 40, ss. 12, 13; 4 & 5 Will. IV. c. 25, s. 8; Williams on Executors, pt. 1, bk. 4, ch. 4; bk. 5, ch. 2, s. 4. (y) Stat. 17 & 18 Vict. c. 104, s. 199. OF A AVILL. o39 value of the said leaseliold estates (^r). As some persons attempted to evade probate duty by means of voluntary bonds to take effect at their decease, in lieu of legacies, it is now provided that no return of probate duty shall be made in respect of any voluntary debt due from any Volnntaiy person dying after the 28th of June, 1861, which shall '^''^'''• be expressed to be payable on the death of such person, or payable under any instrument Avhich shall not have been bona fide delivered to the donee thereof three months before the death of such person (a). When the will has been proved, it is the duty of the Payment of executor to pay the testator's debts out of the personal estate, to which such executor becomes entitled by virtue of his office. For this purpose the executor has Powers of reposed in him by the laAv the fullest powers of disposi- ^^^'^^^^^' tion over the personal estate of the deceased, whatever -** may be the manner in which it has been bequeathed V.^^T^t-X- by the will (h). And in the event of a sale of any such Purchaser property by the executor, the purchaser is not bound to ^q^^q^^^ to° inquire Avhether there are any debts remaining unpaid ; inquire if there for, in the absence of evidence to the contrary, the executor is presumed to be acting in the proper dis- charge of his office (c). 'Nov is the purchaser at all Nor to see to concerned with the application which the executor may ^f his'pur-^ make of the purchase-money ; but the executor's receipt chase-mouey. will be a sufficient discharge, and he alone will be re- sponsible to the creditors and legatees for its due appli- cation (f/). The order in which debts ought to be paid out of the personal estate of a deceased debtor has been (z) Stat. 31 & 32 Vict. c. 1 24, (c) Niir/ent v. Giford, 1 Atk. s. 7. 463; Elliot \. Merriman, 2 Atk. (rt) Stat. 24 & 25 Vict. c. i)2, 42. s. 3. {(V) Whale v. Booth, 4 T. Rep. (b) En-rry. Cw7;^'f, 2 P. "Wms. 625, n.; M'Lcoil v. Drummondy 148; Russell v. Plaice, 18 Bcav. 17 Ves ]."4. 21. z2 340 OF PEPtSOXAL ESTATE GENERALLY. Power to executors to compound debts, &c. Accounts may be taken by the Court of Chancery. Legacies. Executor's year. ali-eady noticed in the chapter on debts (e) ; and it has also been stated that the executor, if a creditor, is entitled to retain his o^yn debt in preference to all others of the same degree {/)> When the will has been executed after the 28th of August, 1860, or has been confirmed or re^-ived by a codicil executed after that date, the executors are em- poAvered to pay any debts or claims upon any evidence that they may think sufficient, and to accept any com- position, or any security', real or personal, for any debts due to the deceased, and to allow any time for payment of any such debts as they shall think fit, and also to compromise, compound or submit to arbitration all debts, accounts, claims and things whatsoever relating to the estate of the deceased, and for any of the pur- poses aforesaid to enter into, give and execute such agreements, instruments of composition, releases and other things as they shall think expedient, without being responsible for any loss to be occasioned thereby ((/). And the executors are now empowered immediately, or at any time after probate, to apply to the Court of Chancery for an order to be made upon motion or peti- tion of course, or by the judge at chambers, referring it to the chief clerk of the judge to take an account of the debts and liabihties affecting the personal estate of the deceased and to report thereon ; and after any such order shall have been made, proceedings at law by the creditors against the executors may be restrained or suspended by the court imtil the account directed by such order shall have been taken (A). When the debts have been paid, the legacies left by the testator are then to be discharged. In order to give ( A demonstrative legacy is accord- ingly more beneficial to the legatee than a specific legacy. And it is also more beneficial than a legacy which is merely general ; for being payable out of a specific fund, it is not, while that fund exists, liable to abatement with the general legacies ((/). A general General legacy is one payable only out of the general assets of ^^^^^' the testator, and is liable to abatement in case of a deficiency of such assets to pay the testator's debts and other legacies. A bequest to A. of 100/. sterling is a general legacy ; so is a bequest of 100/. consols, without referring to any particular stock to which the testator may be entitled (/?). A bequest of a mourning ring, of the value of 10/. is also a general legacy, no specific ring of the testator's being refeiTcd to (i). In the two last cases, the executor would be bound to set apart or buy the stock, or jDurchase the ring for the legatee out of the general assets of the testator, supposing them sufficient for the piuqDose ; and shoidd there be a defi- ciency, the amount of the stock, or the value of the ring to be purchased, would abate proportionably. If, how- Legacy for ever, any legacy shoidd be given for a valuable con- ^.^1"^^'}^ con- sideration, it will not be liable to abatement with the other general legacies. An example of this exception Dower, to the usual rule occurs in the case of legacies given by husbands to their wives in consideration of their releasina: (/) lioherts v. PococJi, 4 Ves. (7t) Wilson v. Brownsmith, 9 150; Attwater v. Attrvater, 18 Ves. 180. See, however, :7((«'«se«(Z Beav. 330. v. Martin, 7 Hare, 471, qn.? (ff) Acton V. Acton, 1 Mcriv. (i) 1 Roper on Legacies, c. 3, 178; Livesay v. Redferu, 2 Y. & s. 2. C. 90. 346 OF PERSONAL ESTATE GENERALLY. their dower (k). And bj the act for the amendment of the law relating to dower (/), it is provided (m), that nothing therein contained shall interfere with any rule of equity or of any ecclesiastical court, by which legacies bequeathed to widows in satisfaction of dower are en- titled to prionty over other legacies. Satisfaction of "Wlicn a legacy is bequeathed by a testator to his debts by lega- cj-editor, it is considered to be a satisfaction of the debt, cies. _ ' ' if the legacy be equal to or greater than the amount of the debt (?«). But if it be less than the debt (o), or payable at a different time {p), or of a different nature from the debt (. 3 M. & K. 383, 409; 2 Roper on (5) Richardson v. Greese, 3 Legacies, c. 17, s. 1; Edmonds v. Atk. 65; Hassell v. Hawkins, 4 Low, 3 Kay & J. 318. Drew. 468. (0) Graham v. Graham, 1 Yes. (t) Hinchcliffe v. Hinchcliffe, sen. 262. 3 Ves. 516 ; Weall v. Rice, 2 (2?) Nickolls V. Judson, 2 Atk. Russ. & Myl. 251. OF A AVII.T.. 347 bequest of tlie residue, or of a share in the residue, of the testator's estate, will also be cousidered as a satis- faction pro tan to («). The presumption of satisfaction is indeed so strong, that it is difficult to say Avhat cir- cumstances of variation between the portion and the legacy will be sufficient to entitle the child to both. By a statute of George the Second, commonly called statute of the Mortmain Act (.r), no hereditaments, nor any money, ^^ortmam. stock in the pubKc funds, or other personal estate what- soever to be laid out in the purchase of hereditaments, can be conveyed or settled for any charitable uses (Avith a few exceptions), otherwise than 'by deed, with certain formalities mentioned in the act (y). And all gifts of hereditaments, or of any estate or interest therein, or of any charge or incumbrance affecting or to affect any hereditaments, or of any personal estate to be laid out in the purchase of any hereditaments, or of any estate or interest therein, or of any charge or incumbrance affecting or to affect the same, to or in trust for any charitable uses whatsoever, are rendered void if made in any other form than by the act is directed (z). This Bequest to has been very strictly construed, and has been held to ^^*"*^i*^s- prohibit the bequest for charitable purposes of personal estate in any degree savouring, as it is said, of the realty. Thus, it has been decided that money secured on mort- gage of real estate (a), shares in a canal navigation (Z>), («) Richman v. Morgan, 2 B. (y) Sec Principles of the Law C. C. 394; Ua7'l of GlengaU v. of Real Property, 65, 1st ed.; 58, Barnard, 1 Keen, 769; affirmed 2 2nd ed.; 60, 3rd and 4th eds.; 63, H. of L. Cas. 131; Beckton v. 5th ed.; 65, 6th ed.; 67,7th ed.; Barton, 27 Beav. 99, 106; Monte- 66, 8th ed. fiore V. Gucdalla, 1 De Gex, F. & (z) Sect. 3. J. 93; Coventry v. Chichester, 2 (a) Attorney- General y. Mey- H. & Mill. 149; 2 De Gex, J. & rich, 2 Ves. sen. 44. S. 336, reversed Law Rep., 2 H. {Jb) Hoivse v. Chapman,^. Ves, of Lords, 71. 542, {x) Stat. 9 Geo. 11. c. 36, s. 1, 348 OP PERSONAL ESTATE GENERALLY. and leasehold estates (c), cannot be left by "svill for any cliaritable purpose. But more recently, the strictness of the courts appears to have relaxed ; and it has lately been held that money secured by a policy of assurance, although the company may invest their funds in real estates (f?), and shares in a banking company authorized to invest money on mortgage of real estates {e), or in a mining company (/), are not within the statute. So railway scrip {g), and shares in gas companies (Ji), docks, railways and canals (z), although such shares may not be expressly declared by the acts establishing the under- takings to be personal estate, are now held to be im- affected by the statute. But debentures, by which such undertakings ^nitli their rates and tolls are mortgaged, have been held to be within the act {k)\ though such debentures as are mere bonds or covenants to pay money, and not mortgages, are clearly imafFected by it(Z). With regard to the bequest of money to be laid out in the purchase of hereditaments, it has been decided that a bequest of money to be laid out in building on land ah'eady in mortmain is good {m); but if some land ah'eady in mortmain be not distinctly referred to, a be- quest of money for building for any charitable purpose {c) Attorney- Generaly. Graves, (i) Hilfony. Giraud, 1 De Gex Amb. luo. & Smale, 183; Sjyarllng \. Parker, {d)3Iarcli\. Attorney-General, nbi supra; Walker \. Milne, 11 5 Beav. 433. Beav. 507; Ashton v. Lord Lang- {e) Ashton v. Lord Langdalc, ). And if the purchase of land be not involved in the gift, there is no laAV Avhich prevents the bequest of purely personal property to any amount for charitable purposes. A bequest to a charity ought, therefore, to be directed to be paid out of such part of the testator's personal estate as he may lawfully bequeath for such a purpose. For if this precaution should be neglected, the charitable legacies will fail in the proportion Avhich the personal assets savouring of the realty may bear to those which are purely per- • sonal (q). Other bequests wliich require some care are those to Gifts to illegi- illegitimate children. It has been held that a bequest jren. to the future illegitimate children of a particular woman is void as tending to encourage immorality (r). And it is clear that a bequest to the future illegitimate chil- dren of a j)articular man is also void, as the coiu'ts cannot enter into the inquiry which would be necessary to identify such children (s). A child prima facie means a legitimate child; a bastard is considered by {n) Pritchard v. Arhouln, 3 614 ; Hohson v. Blaeltbuvn, 1 Russ. 456; Smith v. Oliver, 11 Keen, 273; Philanthropic So- Beav. 481; In re Watmoiiffh's cicty v. Kemp, 4 Beav. 581 ; and Trusts, V. C. M., Law Eep., 8 see Rohinson v. Geldard, 3 Mac. Eq. 272. & Gord. 735; Tempest t. Tempest, {d) Attorney- Generaly.Bavies, 7 De Gex, Mac. & Gord. 470; 9 Ves. 535; Mather v. Scott, 2 Beaumont r. Oliveif-afluL. J., L,&w Keen, 172; Trye t. Corporation Eep., 4 Chan. 309. of Gloucester, 14 Beav. 173. {r) Medn-orth v. Pope, 27 Beav. (^) PMlpott V. St. George's 71. See also 2 Jarm. Wills, 153; Hospital, 6 H. of L. Gas. 338. 202, 2nd ed. ; 204, 3rd ed. {jl) Attorney- General v. Tyn- (.«) Wilkinson y. Adams, Wqs. dull, 2 Eden, 207; S. C, 2 Amb. & Beauies, 4G6. 350 OF PERSONAL ESTATE GENERALLY. the laAv as nullius Jillus. Accordingly, an illegitimate cliild can never take under a gift to cliildren, unless it be clear, upon the terms of the mil, or according to the state of facts at the making of it, that legitimate chil- dren never could have taken {t). An illegitimate child may, however, take under any gift in which he is suffi- ciently identified as the object of the testator's bounty. Thus, a bequest to the child of which a Avoman is now pregnant is good {ii). And if illegitimate children have acquired the reputation of being the children of the tes- ^i^L-L* ►•/^^ator or any other person, and it appear by necessary *""* implication on the face of the will that such persons "^ ^^V\\ere intended in a bequest to children, they will be en- titled, not on account of their being children, but on account of their reputation as such (ar). Rights of resi- After payment of the testator's debts and legacies, the duaiy legatee, j-esidue of his personal estate must be paid over to the residuary legatee, if any, named in the will. A will of , personal estate has always been considered as speaking \\ ftom the death of the testator; and it is now expressly I I enacted, that every will shall be construed, with reference ! ' to the real and personal estate comprised in it, to speak and take effect as if it had been executed immediately before the death of the testator, unless a contrary inten- tion shall appear by the will ( ;/). Hence, it follows that all personal property acquired by the testator between the time of making his will and his decease will pass La]ise. under it. If any legacy should lapse by the death of {t) Cartriglit-v. Tan-dry, Ty Yes. 141. 530; Godfrey \. Davis, &YesA^; {x) WUMnso7iv. Adam,lY&s. Harris v. Lloyd, 1 T. & Russ. &B.422; G ill \. Slielley, 2 Rass. 310; Bagley v. Mollard, 1 Russ. & My. 336; Muredith t. Fai'r, 2 & M. 581; Dover \. Alexander, 2 You. & Coll. 525. Hai-e, 275; Re Overliill's Trust, (y) Stat. 7 Will. IV. & 1 Vict. 1 Sm. & Giff. 362. c. 26, s. 24. («) Gordon v. Gordon,\^lcr\\. H OF A WILL. 351 the legatee in the testator's lifetime, or should fail from being contrary to law, it will fall into the residue, and belong to the residuary legatee. And a legacy will lapse by the death of the legatee in the testator's lifetime, al- though given to the legatee, his executors, administrators and assigns (^z), for these words are merely inserted in analogy to the limitation of real estate to a man and his heirs. If a bequest be made to two or more as joint Joint tenants. tenants, and one of them die in the lifetime of the tes- tator, his share will not lapse, but will survive to the others (a). But if the bequest be to two or more_in Tenants iu common, and one of them die in the testator's lifetime, liis_s hare will lapse {b); unless the bequest be made t o a Bequest to a class , as to th e children of A. in equal shares, in Av hich ^ ^^^' case all who_auswer that description at the test_ator's_^^^<^>^< decease (c), and also (if the period of distribution^ bet/. /^vLxl/^-<^ postponed by the will) all who come into being bef ore jr. ^^.-f-Sl^.tSaX s uch period ((/), will be entitled to divide the bequest amongst them. It is, however, provided by the recent Legacies to act for the amendment of the laws Avith respect to wills, ^ ^ ^^"' that where any person, being a child or other issue of the testator, to whom any personal estate sh^ll be be- queathed for any interest not determfnable at or before the death of such person, shall die in the testator's life- time leaving issue, and any siwE^sue shall be living at the death of the testator, such beqiiest shall not lapse, but shall take effect as if the death of such person had happened immediately after the death of the testator, unless a contrary intention shall appear by the avlU (e). (z) Elliott V. Baveniinrt, 1 P. (r) Yiner t. Francis, 2 Cox, Wms. 83. 190; 2 Jarm. Wills, 74; 126, 2nd (fl.) 3Iorley v. Bird, 3 Ves. 028, ed.; 142, 3rd ed.; Lee v. Pain, 4 631. Hare, 250. (&) Bagwell v. Bry, 1 P. Wms. {d) Ayton v. Ayton, 1 Cox, 327 ; 700; Page t. Page, 2 P. Wms. 2 Jarm. Wills, 75; 127, 2nd ed.; 489; Barber v. Barher, 3 My. & 143, 3rd ed. Craig, 688; Bain v. Lescher, 11 (e) Stat. 7 Will. IV. & 1 Vict. Sim. 397. c. 26, s. 33. 352 OF PERSONAL ESTATE GENERALLY, The effect of this provision is curious. If the legatee had died immediately after the testator, leaving a will, it is evident that the estate bequeathed to him would have passed under his will. It has been decided, there- fore, that the will of the legatee shall, after his death, operate on the estate l)('fpKathed to him. m the same manner as if ho had been living {f). This provisionhas bee;!! held to apjtly to a testamentary appointment under a general power of appointment ( ff), but to be inappli- cable to a testamentary appointment under a power to appoint amongst the testator's children (/<); and it does not extend to gifls to children or issue as a class, and not individually (/). Tomier right of executor to the residue. Modem statute. If there were no residuary legatee, the residue of the testator's personal estate, after pa^Tiient of debts and legacies, formerly belonged to the executor for his own benefit, unless a contrary intention appeared from his being left executor in trust (/t), or from his having a legacy left him for his trouble (Z), or from other cir- cumstances {m). But by a modern statute {71), it is en- acted, that when any person shall die, having by A\ill or codicil appointed any executor, such executor shall be deemed by couiis of equity to be a trustee for the person or persons (if any) who would be entitled to the estate under the Statute of Distributions, in respect of any residue not expressly disposed of, unless it shall {f)Johnson\. Johnson, ^HaxQ, 157. Probate duty attaches; Perry^s executors v. The Queen, Law Eep., 4 Ex. 27. C/7) Eccles V. Chei/ne, 2 Kay & J. 67G. {h) Griffiths V. Gale, 12 Sim. 354; Freeland v. Pearson, M. K., 36 L. J., N. S., Chan. 374. (/ ) Browne v. ITuminond, John- son, 210. (A) Pring v. Pring, 2 Vern. 99; Bagwell v. Dry, 1 P. Wms. 700. ( I) Rach field v. Careless, 2 P. Wms. 158. {>n) Mullen v. Bowman, 1 Coll. 197. (n) Stat. 11 Geo. IV. & 1 Will. IV. c. 40. OF A WILL, 353 appear by tlie will or any codicil thereto {o), that the person so appointed executor Avas intended to take such residue beneficially. The Statute of Distributions is that under which the personal estate of any one dying intestate is distributed between his widow and next of kin. An account of this statute will be found in the next chapter. (o) Lore v. Gaze, 8 Beav. 472. ^. ;«». ^ JL^^ J^o4" W.P.P. A A 354 OF PERSONAL ESTATE GENEPwVLLY. CHAPTEE IV. Jurisdiction of ecclesiastical courts over goods of intes- tate persons. Fions uses. OF INTESTACY. The ecclesiastical courts until recently had jimsdiction not only over tlie Avills of testators, but also over the goods of persons dying intestate. This jurisdiction, though of long standing, appears to have been at first gradually acquired. In early times the clergy, being- possessed of almost all the learning, appear to have been the principal fi'amers of wills. The power they thus acquired was exercised for their own benefit, every man being expected, on making his wiU, after be- queathing to his lord his heriot, in the next place to remember the church («). If, however, a man should have died intestate, without opportunity of making this provision, the distribution of his goods devolved on the chiu'ch, together with his friends, the lords first haying taken his heriot (b). The Avife and the children were entitled to their shares; and that part of the goods which the intestate had power to dispose of by his will (called the portion of the deceased) was applied by the church in pios usus. This apphcation to pious uses appears to have been as follows: in the first place, the bequest, which it was to be presumed the intestate would have made to the chiirch, was retained, and the residue was then disposed of in paying the debts of the deceased, and distributed amongst his wife and children, his parents and their relatives. That this was the case appears fi'om the comj)laints which were made by the clergy of those days, of the interference of the tem- («) Glanville, lib. 7, c. 5; Bract. 00 a; Fleta, lib. 2, c. 57. (h) Bract. CO b; su'ira. Fleta, ubi OF INTESTACY. 355 poral lords in cases of intestacy, -wliereby tlie distribu- tion of the effects in the manner pointed out was pre- vented (c). The clergy themselves, however, do not appear to have been always free from blame ; for they are accused of having fr^equently taken the whole of the intestate's portion to themselves, making no distribu- tion, or at least an undue one, amongst the creditors and relatives of the deceased {d ) ; and in order to remedy this evil, it was enacted in the reign of Edward I., by one of the very few statutes then passed relating to personal estate (e), that the ordinary should be boimd to ansAver the debts of an intestate, so far as his goods would extend, in the same manner as the executors wovdd have been bounden if he had made a testament. The riffht of the creditor Avas thus clothed with a remedy ; for, under this statute, an action at law might be brought by the creditor against the ordinary for the payment of his debt (/) ; but the right of the relatives to the sm-plus still remained undefined. The duty of administering intestates' effects was not, Adminis- as may be supposed, usually performed by the bishops in person. For this purpose they usually appointed an administrator ; but, as personal property rose in import- ance, it became desirable that this administrator should not be considered as the mere agent of the bishop, but should himself have a locus standi, in the king's courts. It was accordingly enacted by a statute of the reign of Edward III. {g), that where a man died intestate the {c) Matthew Paris, 951, Addi- New Series, vol. ii. 355, 474. Sec tamenta, 201,204,209(Wats'sed. also Dyke v. Walford, Privy London, 1640); Constitutions of Council, 12 Jurist, 839. Boniface, Constitutiones Proviu- (r?) Fleta, lib. 2, c. 67. ciales, 20, at the end of Lynde- (e) Stat. 13 Edw. I. c. 19. wood's Provinciale (Oxon. 1679), (/) 1 Ro. Abr. 906; Bac. Abr, recited also in a Constitution of tit. Executors and Administrators Archbishop Stratford (Lynd. Prov. (E). lib. 3, tit. 13). Sec Gent. Mag. f//) 31 Edw. III. c. 11. A A 2 356 OF PERSONAL ESTATE GEXERALLY. ordinaries should depute the next and most lawful Mends of the deceased to administer his goods, which persons so deputed shoidd have action to demand and recover as executors the debts due to the deceased, to admi- nister and dispend for the soul of the dead; and should answer also, in the king's courts, to others to whom the deceased was holden and bound, in the same manner as executors should answer. By a subsequent statute (A) administration might be granted to the widow of the deceased, or to the next of his kin, or to both, as by the discretion of the ordinary should be thought good. The widow Avas usually prefeiTed to the next of kin in the grant of administration (i) ; and a joint grant was seldom made, so seldom, indeed, that the powers of co-admi- nistrators appear to be still a matter of doubt (j). In granting administration to the next of Idn, the ecclesi- astical courts were guided by the right to the property to be administered (^). This right avlU be hereafter ex- plained. If none of the next of kin would take out administration, a creditor might by custom do so, on the ground that he coidd not be paid his debt until representation were made to the deceased (Z); and, for want of creditors, administration might be granted to any person at the discretion of the court (m). But the Conii; of Pro- Court of Probate Act, 1857 (w), has now abolished the bate Act, 1 80/. ^j^Q^g of the jurisdiction of the ecclesiastical coiirts over the effects of intestates ; and administration of the effects of deceased persons is now granted by that court in the same manner as the probate of wills (0). And after the (/i) 21 Hen. VIII. c. 5. dams, 494. See Coombs v. Coombs, (i) Webb Y. Keedham, 1 Ad- Law Rep., 1 Probate, 288. dams, 494. («;) Williams on Executors, pt. {j) Shep. Touch. 485, 486; 1, bk. 5, ch. 2, s. 1. Williams on Executors, pt. 3, bk. {ii) Stat. 20 & 21 Vict. c. 77, 1, ch. 2. amended by stat. 21 & 22 Vict. c. («) In the Goods of Gill, 1 95. Hagg. 342. (o) A nte, p. 332. (Z) Webb V. Xeedhuvi, 1 Ad- OF INTESTACY. 357 decease of any person intestate, his personal estate vests in the jndge of the Conrt of Probate for the time being, until letters of administration are granted, in the same manner and to the same extent as they formerly vested in the ordinary (/»). The administrator, when appointed, has the same Rights and right to and power over all the personal estate of the }!|jTidstrator.'^ intestate as his executors would have had if he had made a will {q), and this right and power relate back to the time of the intestate's decease (r). The same duty also devolves upon the administrator of paying the debts in the first place. The provisions of the recent statutes for protection of executors in distributing the assets of their testator extend also to the administrator of the effects of an intestate {s). He has also the same privi- lege as an executor of retaining his own debt in prefer- ence to all others of the same degree {t). But the sur- plus, after payment of the debts, must be distributed amongst the relatives of the intestate in proportions to be hereafter mentioned. In order to enable the admi- Administra- nistrator to inform himself of the state of the assets, and °^ ^ ^^^^' to pay the debts of the deceased, the same period of a year from the time of the decease as is allowed to an executor is also given to the administrator before he can be required to make any distribution (ii). But, notwith- standing this delay, the interest of the persons entitled to the surplus vests in them from the time of the decease {p) Stat. 21 & 22 Vict. c. 95, 28, 29; 23 & 24 Vict. c. 38, s. 14, s, 19, ante, pp. 341, 342; but not stat. {q) Williams on Executors, pt. 23 & 24 Vict. c. 145, s. 30, ante, 2, bk. 1, ch. 1. p. 340. (?•) Tkarpe V. Stalhvood, 5 Man. (0 Warner Y.Wainsfor(l,'Roh. & Gran. 760; Foster v. Bates, 12 127; AVilliams on Executors, pt. 3, M. & W. 226; Welchman v. bk. 2, ch. 2, s. 6. Sturgis, 13 Q. B. 552. (?0 Stat. 22 & 23 Car. II. c. 10, (s) Stats. 13 & 14 Vict. c. 35, s. 8. 8. 19; 22 & 23 Vict. c. 35, ss. 27, 358 OP PERSONAL ESTATE GENERALLY. of the intestate ; so that m case any of them should die within a twelvemonth after the decease of the intestate, the share of the person so dpng vnil pass to his own executors or administrators {x). Limited admi- nistration : durante mi- norc aitate; durante absentia ; pendente lite; In some instances administration is granted for a limited purpose, or confined to a given time. Of this we have ah'eady had an instance in the case of admi- nistration durante mmore cetate, when the sole executor named in a will is under age (y) ; and the same sort of administration is granted on intestacy, in case of the minority of the next of kin (2-). So if the executor or next of kin, as the case may be, should be out of the realm at the time of the decease of the testator or intes- tate, the court will grant a limited administration durante ah sent id, wliicli will exph^e the moment of the retiu'n of such executor or next of kin. And if the executor should prove the will, or if any person should obtain letters of administration, and afterwards go to reside out of the jurisdiction of the English coiu'ts, the court is empowered by act of parliament (a) to gi'ant ad- ministration, at the end of the year from the death of the testator or intestate. Again, when a suit con- cerning the right of administration is pending in the Court of Probate, that court may appoint an adminis- trator pendente lite, who ^dll have all the rights and powers of a general administrator, other than the right of distributing the residue of the personal estate (6) ; and the administrator so appointed may receive such reasonable remuneration for his trouble as the court may think fit (c). The court also may appoint such (ar) Edwards v. Freeman, 2 P, Wms. 442. (y) Ante, p. 329. (z) Williams on Executors, pt. 1, bk. 5, ch, 3, s. 3. («) Stat. 38 Geo. IIL c. 87, ss. 1—5, extended by stats. 20 & 21 Vict. c. 77, s. 74; 21 & 22 Vict. c. 05, s. 18, (b) Stat. 20 & 21 Vict. c. 77, s. 70. (c) Sect. 72. OF INTESTACY. 359 administrator or any otlicr person receiver of tlie real estate of the deceased pending any suit toucliing the validity of liis will, if it affect snch real estate (d). So cum testa- if a AviU should have been made, l)ut the executors ''''"**' ^''"^^°' should have renounced, or died before their testator, the court will appoint the person liaving the greatest interest in the effects, generally, the residuary legatee, to administer the same according to the du-ections of the will, in which case the administration granted is termed an administration cum testamento annexo, "u^tli the will annexed {e). And it is now provided, that, if by reason of the insolvency of the estate of the deceased, or other special circmnstances, the coiui; shall think it necessary or convenient to appoint as administrator any other person than the person by law entitled to the grant, the court may do so ; and every such administration may be limited as the court shall tliiuk fit (/). Letters of administration, as well as probates, are Stamp duty on liable to the payment of an ad valorem stamp duty on the value of the personal estate of the deceased within the United Kingdom, if it exceed in value the sum of lOOZ. {()) ; but the duty on letters of administration, where there is no will, is after a higher rate than the duty on probates, or on letters of administration with the will annexed {It). A heavy penalty is imposed by the Stamp Act on any person who shall take possession of, or in any manner administer any part of the ' per- sonal estate of any deceased person, without obtaining (^Z) Stat. 20 & 21 Vict. c. 77, s. L. R., 1 Probate, 306 ; In the 71. Gnorls of Frascr, L. K., 1 Pro- {r) "Williams on Exccntors, pt. bate, 327. 1, l)k. 5, ch. 3, s. 1. (r/) Ante, p. 33». (/) Stat. 20 & 21 Vict. c. 77, s. (A) Stat. 55 Geo. III. c. 184. 73 ; In the Goods of Llunwarne, administra- tious. 360 OF PERSONAL ESTATE GENERALLY, probate or administration -svitliin six calendar montlia after his or her decease, or Avithin two calendar months after the determination of any suit or dispute respecting Exemptions. the will or the right to administration (z). The same exemptions from duty in favour of seamen, marines and soldiers, which have been established Avith respect to the proljate duty (/<), apply also to the duty on letters of administration. Office of arlmi- Adminish-a- tion de bonis non. The office of administrator is not ti-ansmissible, like On the decease of an adminis- trator, before he has distributed all the effects of the intestate, a new administi'ator must be appointed ; for the administrator or executor of such administrator has no right to intermeddle. So if an executor should die intestate, without ha\ang completely distributed his testator's effects, an administrator must be appointed to distribute, according to the will of the testator, such of his effects as were not distributed by the deceased executor (/). In each of these cases the administration granted is called an administration de bonis non adminis- tratis, of the goods not administered, or, more shortly, de bonis non (m). All second and subsequent grants of probate or letters of administration must be made in the principal registry of the Court of Probata, or in the district registry where the A\aLL is registered or the original grant of administration has been made, or to which it may have been transmitted (w). Statutes of Distribution. The application of an intestate's effects, after payment of his debts, is now regidated by statutes of the reign (i) 100^., and ten per cent, on the stamp duty. Stat. 55 Geo. III. c. 184, s. 37. (k) Ante, pp. 337, 338. (Z) Shep. Touch. 465; Williams on Executors, pt. 1, bk. 3, ch. 4. (?«) Williams on Executors, pt. 1, bk. 5, ch. 3, s. 2. in) Stat. 21 & 22 Vict. c. 95, s. 20. OF INTESTACT. 361 of Cliai'les II. and James II. (o), commonly called the Statutes of Distribution, by wliicli statutes the rights of the relations of the deceased appear to have been first definitely ascertained and rendered legally available. Under these statutes, if the intestate leave a widow and Widow's any child or children, or descendant of any child, the widow shall take a third part of the surplus of his effects. If he leave no child, nor descendant of any child, she shall have a moiety. In this respect, the disti-ibution is the same as took place under the ancient law. The husband of a married woman is entitled to the whole of her effects (p). If the intestate leave Shares of children, two-thirds of his effects if he leave a widow, *^'^ ^°* or the whole if he leave no widow, shaU be equally divided amongst his children, or, if but one, to such one child. But the descendants of such children as and their de- may have died in the intestate's lifetime, shall stand in s^c"'^^°t^- the place of their parent or ancestor ((/). Such chil- Advancements dren, however, as have been advanced by the parent to be accounted in his lifetime must bring the amount of their advance- ment into hotchpot, so as to make the estate of all the children to be equal, as nearly as can be estimated. But the heir at law, notwithstanding any lands he may have by descent or otherwise from the intestate, is to have an equal part in the distribution with the rest of the children, without any consideration of the value of such land (r). If the intestate leave no children or Father of in- representatives of them, his father, if living, takes the *^^*^'^'^' whole ; or, if the intestate should have left a widow, one-half. If the father be dead, the mother, brothers, iMother, bro- and sisters of the intestate shaU take in equal shares (s), f^^}'^ ^'"^ ^^*' (o) 22 & 23 Car. II. c. 10; 1 pi. 1402. Jac. II. c. 17, s. 7. See Watkins (?•) Stat. 22 & 23 Car. II. e. 10, on Descents, Appendix, 257 \st De- cember, 1857 ; also to release or extinguish any power Release of in regard to any such personal estate ; and also to re- 1"^"'*^'*^- iji) 1 Eop. Husb. and Wife, G. 857; Re Duff if s Trust, 28 271; Malcomy. Charleswoi-tJi, 1 Beav. 386. Keen, 73, 74; Scott v. Sjmshett, (n) Wright \. Morley, II Ves. 3 Mac. & Gord. 599; Carter \. 17. Taggart, 5 De Gex & Smale, 49; (o) Pierce v. Tliornley, 2 Sim. 1 De Gex, M. & G. 286. See 107. Ward V. Yates, 1 Drew. & S. 80. (p) Hutchings v. Smith, 9 Sim. (Z) 1 Rop. Husb. and Wife, 137 ; Ellison v. Elwin, 13 Sim. 268. 309 ; Ashhy v. Ashhy, 1 Coll. 553 ; (m) Elliott V. Cordell, 5 Mad. Le Vasseur v. Scratton, 14 Sim. H9; Stanto}iY. Hall, 2 Russ. & 116; Michelmorc v. Mudge, 2 M. 175, 182; Tidd v. Lister, 10 Giff. 183. Hare, 140, 154; 3 De Gex, M. & (^) Stat. 20 & 21 Vict. c. 57. 3&0 OF PEESOX.VL ESTATE GENERALLY. Eelcase of equity to a settlement. ledsed. lease and extingiiisli lier equity to a settlement out of her personal estate in possession under any such instru- To be sepa- ment as aforesaid. But every such disposition must be lately acknow- separately acknowledged by her in the manner reqiiired by the act for the abolition of fines and recoveries (r). And nothing therein contained is to extend to any reversionary interest, to which she shall beconje entitled mider any instrimient by which she shall be restrained from ahenating or affecting the same. Assignment of wife's rever- sionary choses in action. Example. If the wife should be entitled to any chose in action, A^ hether legal or equitable, of a reversionary natm-e, not witliin the above-mentioned act, the effect of an assign- ment by the husband will be different under different circumstances. The wife, of coiu'se, cannot assign ; for by the act of marriage she deprives herself of all power so to do ; and the husband can only assign to another the interest to which he may be entitled himself. Sup- pose therefore that the wife is entitled, on the death of A., a person now H^Tng, to a sum of stock standing in the names of trustees, and that her husband should make an assignment of this reversionary interest to B., a piu'chaser; the benefit which ^vill accrue to B. by virtue of this assignment Avill vary, according as the husband, the vdfe, or A., the tenant for life, may happen to die first. If the husband should die first, B. will lose his pm-chase ; for the wife, having sur^-ived her husband, will now on the death of A. be entitled to the stock, which has never been reduced into the possession of her husband, or of B., his assignee (s). If A. shovdd die first, B. may then obtain a transfer of the stock, if the trvistees choose to transfer it to him, and if the wife- slioidd not have filed a bill to enforce her equity to a (?•) Stat. 3 & 4 Will. IV. c. 74. See Principles of the Law of Real Property, 189, 4th ed. ; 197, 5th ed.; 207, 6th ed.; 212, 7th ed. ; 222, 8th ed. (s) Piirdem v. JacTison, 1 Rnss. 1 ; Honner v. MoHon, 3 Russ. 65. OF THE MUTUAL RIGHTS OF HUSBAND AND WIFE. 381 settlement (^). But if the trustees should refuse to transfer without the direction of the Court of Chancery, or if the wife should insist upon her right, then B. will, as we have seen{u), most probably obtain only half of the flmd for his own benefit, and Avill be obliged to settle the other half on the wife and children. If, however, the Avife should die first, then this chose in action, re- maining unreduced into possession, will, like a legal chose in action, under the same circumstances {x), re- main part of the wife's personal estate ; and the husband, on taking out administration to his wife, will be bound by his previous assignment. B. Avill accordingly in this single event obtain the whole flmd, subject hoAvever to the wife's debts, if any. It was once thought that if an assignment could be obtained from the tenant for life, of his life interest in a fund circumstanced as above mentioned, to the married woman entitled to the rever- sion, she Avould be in the same situation as if the whole fund had been originally held in trust for her absolutely ; and that after such an assignment, the whole fvmd might therefore be transferred to the husband (y). Btit it is contrary to the general principle of equity to allow the rights of parties to be affected by any merger or ex- tinguishment of interests ; and the doctrine in question has been overruled (z). The same principles Avhich apply to the assignment Eelease of by a husband of his wife's reversionary interest in a ""^'^'"^'^'^'* chose in action, apply also to his release, which will be as little binding on her as his assignment, in case of her (^t) Greedy v. Lavender, 13 595; Blsliopp v. Colehrooh, Y. C. Beav. 62. E., 11 Jur. 793. (m) ^w^e, p. 377. (z) Whittle v. Hemiing, 11 (x) Ante, p. 376. Beav. 222; affirmed, 2 Phil. 731; (?/) Creed v. Perry, 14 Sim. ITanchett v. Briscoe, 22 Beav. 592; Hall V. ILigomn, \A Sim. 496. 382 OF PERSONAL ESTATE GENERALLY. Money charged })eing the siunavor (ff). If, however, the reversionaiy on real estate. ■, • ,. o ,-\ -c • , f ^ i chose m action oi the wile consist oi money charged on real estate, the wife's interest can either he released or assigned by a deed acknowledged by her, ^^A\\\ the con- currence of her husband, under the provisions of the act for the abolition of fines and recoveries (Z>). The contrary was decided in a recent case (c), which may now be considered as overruled (,1; Lnard's case, 1 D& 222, 8th ed. Gex, F. & J. 533. (c) Eohhy V. Alleyi, V. C. (/) Heard v. Stamford, 3 P. Knight Bruce, 15 Jur. 835; S. C. Wms. 409. noni. Holly v. Collins, 4 De Gex (//) 2 Eoper's Husband and & S. 289. Wiipe, 110; Seaton v. Benedict, id) Sugd. Eeal Property Sta- 5 Bing. 28. OF THE MUTUAL RIGHTS OF HUSBAND AND WIFE. 383 cliase (A), or if lie recognize it, by allowing his wife to use or wear the articles bought (^), she will be considered as having bought them with his authority, and he will consequently be liable to pay for them. The burdens with which the husband is thus charge- Fraud on the able are the consideration which he pays for his marital ^^rital riohts. rights in his wife's property. It is therefore a lade of law, that the husband shall not, previously to the mar- riage, be defrauded of those rights by his intended wife(^). Accordingly if the wife, after an engagement to marry, should assign away any of her property with- out the knowledge and consent of her intended husband, such assignment would be void, as a fraud on his marital rights (Z). And the circumstance of the intended hus- band's being ignorant of her possession of the property in question woidd be immaterial (m). The right of the husband to the whole of his wife's The husLand personal estate, in the event of her decease in his life- ™is Vife to dis- time, may be waived by his giving her authority to dis- pose of her /» • • i3Grsontil cstfitc pose of such estate, or any part of it, by her will ; and by her will such a will will be valid and binding on the husband if he once allow it to be proved (n). But during the wife's lifetime, and even after her death, until probate of the will, this authority may be revoked ; and if the husband should die before the wife, such a will wordd not be binding on the wife's next of kin (o). (h) Petty Y.Anderso7i, SB'wg. Giff. 159; affirmed, 1 De Gex, 170. Jones & Smith, 433; Downes v. (i.) See Montague v. Benedict, Jennings, 32 Beav. 290. 3 Bam. & Cress. 631,038. (wt) Goddard v. Snow, 1 Russ. (Ji) Countess of Strathmore v. 485. Bon-es. 1 Ves. jun. 22, 28. {n) 1 Rop. Husb. and Wife, (J) England v. Downs, 2 Beav. 169, 170. 522 ; Ta]/lor v. Pugh, 1 Hare, (o) 15 Ves. 156. 608; Prideaiix v. Lonsdnle, 4 384 OF PERSONAL ESTATE GENERALLY. Trusts for the But at the present day, power to dispose of property wife's separate ^f ^^^ ^^^ ^^j ^^ gixen to a married woman, inde- pendently of her husband, by means of a trust for her separate use, which trust may be enforced in equity (p). When personal estate is so given, the wife has the same powers of ownership as if she were a feme sole ; she may accordingly dispose of such property without her husband's concurrence, either in her lifetime or by her will (7). But should she die in liis lifetime without having made any disposition, her husband will become entitled to it either in his marital right (?•) or as her ad- mmistrator (5), accordmg as the property may be in possession or in action. A trust for a woman's separate use is properly and technically created by means of the words " separate use." But a direction that her receipt alone shall be a sufficient discharge (t), will also create a trust for her separate use. A gift, however, to a woman for her sole use has now been decided not to create a trust for her separate use, unless aided by the context ( u). And a gift to a woman for her owti use (x), or to be paid into her proper hands (y), or even to be paid into her proper hands for her own proper use and benefit (r), will not be sufficient to exclude the rights of her husband. (j)) See Principles of the Law (t) Lee v. Prieaux, 3 Bro. C. of Eeal Property, 164, 1st ed.; C. 381. 174, 2nd ed.; 181, 3rd ed.; 182, (w) Glassy v. Sayes, L. J., Ire- 4th ed. ; 190, oth ed.; 200, 6th land, 15 W. R. 376; affirmed in ed.; 207, 7th ed.; 214, 8th ed. the House of Lords, 16 July, {q) Fcttiplace v. Gorges, 1 Ves. 18G9; Gilbert v. Lewis, 1 De Gex, jun. 46; S. C; 3 Bro. C. C. 8; 2 J. & S. 38. S- ^. >4fA^^ ^•^^9. Rop. Hush, and Wife, 182. {x) Bohcrts v. Spieer, 5 Madd. {r)3rolony Y. Ketmedy, 10 ^im. 491; Xensington v. Bollond, 2 174 ; Tiigman v. HojjJdns, 4 Man. Myl. & Keen, 184. & Gran. 384. (y) Tyler v. LaJie, 2 Russ. & (s) WattY. Watt, 3 Ves. 246, Myl. 183. 247; Provdley v. Fielder, 2 My. (z) BlacUow v. Laws, 2 ILarc, & Keen, 57. 49. OF THE aiUTUAL KIGTITS OF HUSBAND AND WIFE. 385 A simple gift of property for a married woman's sepa- Gifts of in- rate use is not so usual as the srift of the income only ^"'"^ ^*^^ ^ ^ _ ^ woman s scpa- of the property diu-ing her life or during the joint lives late use. of herself and her husband {a). A gift of the income of property to a woman's separate use may be made either after her marriage, or in contemplation of marriage, or whilst she is sole ; and the gift may be made either in- dependently of her present husband, if any, or of any future husband. When the gift is made to a woman's separate use, independently of any future husband, the act of her marriage Avill confer no interest in the property on her husband, but she will enjoy, after marriage, the same interest and power of disposition as she had be- fore (b). It is, hoAvever, more usual, when the income Restraint on only of property is given to a wife's separate use, to in- '^°<^icipatiou. sert a condition that she shall not dispose of the same in any mode of anticipation. Conditions restraining the ahenation of property are generally invalid, as being contrary to the policy of the law. But the courts of equity have made an exception to this rule in favour of married women, and having once established a trust for a woman's separate use, they have permitted such a trust to be made effectual by depriving the wife herself of the power of disposition (c). When the income of property is given to a woman's separate use, without power of anticipation, she is not thereby deprived of the power of alienation so long as she continues single (. ss. 90, 91, (freedom from execution,) ib. 2 & 3 Vict. c. 11, (bankruptcy,) 150. c. 29, (baniiruptcy,) 132, 150. c. 37, (usury,) 94. c. 54, (custody of infants,) 389. c. 67, (patents,) 237. 3 & 4 Vict. c. 73, (friendly societies,) 230. c. 82, (stock, judgments,) 207, 297. c. 110, (loan societies,) 231. c. Ill, (banking companies,) 214. 5 Vict. c. 5, (Court of Exchequer in equity,) 205. 5 & 6 Vict. c. 39, (factors and agents,) 398. c. 45, (copyright,) 246, 247, 248, 249, 250, c. 79, (stamps on probates,) 336. c. 85, (banking companies,) 214. c, 100, (copyright in designs,) 255, 256. c. 116. (insolvency,) 170, 171. c. 122, (bankruptcy,) 54, 76, 132, 140, 306, 309, 313. 6 & 7 Vict. c. 65, (copyright in designs,) 256. c. 66, (index to warrants of attorney,) 101. 7 & 8 Vict. c. 12, (international copyright,) 253, 254. c. 32, (bank notes,) 85. c. 66, (aliens,) 46. c. 69, (patents,) 237, 241. c. 70, (arrangements between debtors and creditors,) 172. c. 76, (transfer of property,) 260. c. 96, (insolvency,) 103, 132, 170, 171. c. 110, (joint stock companies,) 209,214, 215,216,218. c. Ill, (bankruptcy of joint stock companies,) 218. c. 113, (banking companies,) 209, 214, 217. 8 & 9 Vict. c. 16, (Companies Clauses Consolidation Act,) 210, 211, 212. c. 18, (lands clauses consolidation,) 210. c. 20, (railways clauses consolidation,) 30, 210. c. 48, (bankrupt's oath,) 132. INDEX. 465 Statutes cited. 8 & 9 Vict. c. 62, (unclaimed dividends,) 407. c. 76, (legacy duty,) 328, 342. c. 93, (copyright in colonies,) 250. c. 97, (stock,) 205, 208. c. 106, (real property,) 35, 260. c. 109, (gaming and wagering,) 93. c. 127, (execution,) 53, 103. 9 & 10 Vict. c. 27, (friendly societies,) 230. c. 93, (death by accident compensation,) 65, 66. c. 95, (small debts,) 6, 97, 103. 10 & 11 Vict, c, 14, (markets clauses consolidation,) 210. c. 15, (gas clauses consolidation,) ib. c. 17, (water clauses consolidation,) ib, c, 27, (harbours clauses consolidation,) ib. c. 34, (paving clauses consolidation,) ib. c. 65, (cemeteries clauses consolidation,) ib. c. 78, (joint stock companies,) 214, 215, 216, 217. c. 83, (aliens,) 46. c. 95, (copyright in colonies,) 250. c. 96, (trust funds,) 294, 295. c. 102, (bankruptcy and insolvency,) 132, 167, 170, 171. 11 & 12 Vict. c. 29, (hares,) 20. c. 45, (Winding-up Act,) 218. c. 86, (bankruptcy,) 132. 12 & 13 Vict. c. 67, (sequestration,) 168. c. 74, (trustees' relief,) 294. c. 101, (small debts,) 97. c. 106, (bankruptcy,) 132, 133. s. 6, (court,) 96. s, 8, (rules,) 140. ss. 6 — 11, (commissioners,) 140. s. 66, (who traders,) 133. s. 67, (acts of bankruptcy,) 134. s. 68, (composition deeds,) 124. ss. 78, 79, (affidavit of debt,) 137. s. 81, (admission of debt,) ib. s. 125, (order and disposition,) 49, 54. s. 126, (voluntary gifts,) 298. s. 129, (one year's rent,) 155. s. 133, (executions, &c.,) 151. s. 140, (joint creditors,) 213. s. 141, (assignees,) 120, 158. s. 142, (assignees,) 158, s. 147, (powers,) 270. W.P.P. H H 466 INDEX. Statutes cited. 12 & 13 Vict. c. 106, s. 152, (joint debts,) 306. s. 168, (clerk's pay,) 155. s. 169, (labourer's wages,) ib. s. 198, (certificate,) 156. s. 199, (certificate,) ib. s. 200, (certificate,) 156, 309. s. 204', (promise to pay barred debt,) 76. s. 224, (arrangements by deed,) 124, sched. Z., 156. c. 108, (winding-up amendment,) 218. 13 & 14 Vict. c. 21, (interpretation,) 190. c. 35, (Court of Chancery,) 340, 357. c. 60, (Trustee Act, 1850,) 291, 292. c. 61, (small debts,) 6, 97. c. 83, (railways,) 218. c. 97, (stamps,) 99, 108, 300. c. 104, (Designs Act, 1850,) 252, 256. c. 115, (friendly societies,) 230. 14 & 15 Vict. c. 8, (designs,) 256. c. 25, (agricultural fixtures, emblements,) 15, 18. C.99, (evidence,) 187. 15 & 16 Vict. c. 3, (administration for crown,) 364. c. 6, (designs,) 256. c, 12, (international copyright,) 252, 254, 255. c. 24, (wills amendment,) 323. c. 31, (industrial societies,) 231. c. 54, (small debts,) 97, 105. c. 55, (trustees,) 291, 292. c. 65, (friendly societies,) 230. c. 76, (common law procedure,) 25, 70, 71, 72, 100, 120,330. c. 83, (patent law amendment,) 235, 237, 238, 239, 240, 241, 242, 243, 244, 245. 16 & 17 Vict. c. 5, (stamps on patents,) 236, 244, 416. c. 51, (succession duty,) 300, 303, 343, 344. c. 59, (stamps,) 86, 177, 213. c. 63, (stamps on life policies,) 177. c. 70, (lunatics,) 204, 205. c. 107, (copyright,) 250. c. 115, (patents,) 237, 239, 240. c. 123, (friendly societies,) 230. 17 & 18 Vict. c. 16, (county courts jurisdiction,) 97, 171. c. 25, (industrial and provident societies,) 231 . c. 36, (bills of sale,) 49. c. 83, (bills of exchange and promissory notes,) 87. INDEX. 467 Statutes cited. 17 & 18 Vict. c. 90, (repeal of usury laws,) 94. c. 101, (friendly societies,) 230. c. 104, (Merchant Shipping Act,) 30, 55, 56, 58, 59, 60, 61, 325, 338. c. 120, (Merchant Shipping Repeal Act,) 55. c. 125, (Common Law Procedure Act, 1854,) 4. ss. 3, 6, 7, (arbitration,) 185. ss. 5, 8, 9, (award,) 193, 194. s. 11, (proceedings at law may be stayed by arbitration,) 184. s. 12, (appointment of arbitrator by a judge,) 188, 195. s. 13, (death of arbitrator,) 188. s. 14, (appointment of umpire,) 194. s. 15, (time for making award,) 190, 195. s. 16, (possession of lands,) 197. s. 17, (submission to arbitration by consent may be made a rule of court,) 186. s. 60, (court may examine judgment debtor as to debts owing to him,) 119. ss. 61, 65, (garnishee,) ib. ss. 68, 69, (writ of mandamus,) 63. s. 78, (order for restitution of chattels,) 4. ss. 79 — 82, (writ of injunction,) 64. 18 & 19 Vict. c. 15, s. 7, (judgments,) 104. c. 43, (marriage settlement of infants,) 371. c. 63, (friendly societies,) 230, 231, c. 67, (bills of exchange and promissory notes,) 87. c. 91, (merchant shipping amendment,) 30, 55, 58. c. Ill, (bills of lading,) 6, 37, 62. c. 122, (fire insurance,) 179. c. 132, (labourers' dwellings,) 233. c. 133, (Limited Liability Act,) 218. 19 & 20 Vict. c. 40, (provident societies,) 231. c. 47, (joint stock companies,) 218, 219. c. 94, (administration,) 364. c. 97, s. 1, (writ of execution, bo7ia fide purchaser,) 52, 396. s. 2, (restitution of chattels,) 4. s. 3, (consideration for promise,) 79. s. 5, (surety,) 115. s. 10, (infancy, coverture, lunacy,) 400, 402, 403. s. 11, (joint debtor, absence beyond seas,) 309, 402. II II 2 468 INDEX. Statutes cited. 19 & 20 Vict. c. 97, s. 12, (absent debtors,) 309, 400, 403. s. 13, (debts, limitations,) 77, 82, 404. s. 14, (co-contractor's interest,) 83, 312. c. 108, (Small Debts Act,) 6, 97. 20 &21 Vict. c. 14, (winding-up acts,) 209, 218, 219. c. 49, (joint stock companies,) ib. c. 54, (fraudulent trustees, bankers,) 295. 0. 57, (disposition of wife's reversionary interest,) 379, 392. c. 77, (Court of Probate Act, 1857,) 332, 356. s. 3, (lords of manors,) 333. s. 23, (court of record,) 96. s. 29, (practice,) 335. ss. 46, 47, (district registry,) 334. s. 59, (abode of testator,) ib. s. 70, (administrator penrfen/e lite,) 358. s. 71, (receiver,) 359. ss. 72, 74, (administrator,) 358. s. 73, (administration,) 359. s. 79, (executor,) 331. s. 86, (voidable probates,) 334. c, 78, (Joint Stock Companies Winding-up,) 218. c. 79, (probates,) 336. c. 80, (Joint Stock Companies,) 219. c. 85, (Court for Divorce and Matrimonial Causes,) 388, 389. s. 7, (decree for judicial separation,) 389. s. 21, (protection order,) 390. ss. 24, 32, (alimony,) ib. s. 25, (wife /me sole,) 390, 391. s. 26, (wife's necessaries, joint power,) 390. s. 27, (petition,) 389. s. 35, (custody and maintenance of children,) 391. s. 45, (children's settlement,) 390. s. 57, (petition,) 389. 21 & 22 Vict. c. 27, (Court of Chancery,) 48. c. 56, (probates,) 336. c. 60, (joint stock companies,) 218, 219. c. 70, (copyright,) 256. c. 74, (small debts,) 97. c. 91, (joint stock companies,) 218, 219. c. 95, (executors,) 331, 332, 336, 356, 357, 358, 360. c. 101, (Court for Divorce,) 230. INDEX. Statutes cited. 21 & 22 Vict. c. 108, (wife's property,) 389, 3J0. 22 Vict. c. 13, (patents, munitions of war,) 240. 22 & 23 Vict. c. 35, s. 6, (fire insurance,) 180. s. 7, (informal insurance,) tb. s. 8, (purchaser,) 181. s. 12, (powers,) 270. s. 21, (assignment to self,) 411. S.23, (payment of money by trustees,) -bS. s. 24, (concealment of deeds,) 411. s. 26, (power of attorney,) 398. ss 27,28, 29, (administration,) 341, di^.oo,. s. 30, (trustees may apply for opinion of judge,) 295. s. 31, (trustees,) 294. s. 32, (investments,) 283. c. 36, (stamps on probates,) 336. c. 61, (divorce amendment,) 389, 391. c. 57, (imprisonment for debt,) 97. 23 Vict. c. 5, (Indian government notes,) 337. c. 15, (probate,) 37, 78, 87, 337. c. 28, (stock jobbing,) 92, 203. 23 & 24 Vict. c. 38, ss. 3, 4, (registered judgment.) 102. s. 8, (concealment of deeds,) 411. s. 9, (trustees may apply for opinion of judge,) 295. s. 10, (investments,) 284. s. 11, (investments,) ib. s. 12, (investments,) ib. s. 13. (personal estate of intestate,) 401. s. 14, (accounts in chancery,) 340, 357. c. 58, (friendly societies,) 230. c. 83, (infants' settlements, Ireland,) 371. c. 106, (railways,) 210. c lll,(stamps,)37,84, 87. 177, 204. c. 126, s. 13, (Common Law Procedure Act, 1860 ; bill of sale,) 53. ss. 28—31, (garnishee,) 119. s. 32, (costs,) 64. c. 127, s. 28, (solicitor's lien,) 32. c. 144, (divorce,) 391. c. 145, s. 25, (investment of trust monies,) 2S&. s. 26, (maintenance,) 280. s. 27, (appointment of trustees,) 289. s. 29, (receipt of trustees,) ib. s. 30, (executors,) 340, 357. 470 INDEX. Statutes cited. 23 & 24 Vict. c. 145, s. 34, (date of operation,) 280, 285. 24 Vict. c. 3, (transfer of stock,) 202, 406. c. 5, (exchequer bills,) 282. c. 10, (Court of Admiralty,) 30, 61. 96. c. 14, (post-office savings banks,) 232. 24 & 25 Vict. c. 73, (designs for articles of manufacture,) 256. c. 91, s. 30, (stamps on appointment of new trustees,) 291. s. 34, (fixtures, bills of sale,) 50. c. 92, s. 3, (probate, voluntary debts,) 339. c. 114, (domicile,) 325, 326. c. 121, (domicile,) 326, 327. c. 134, (Bankruptcy Act, 1861,) 132, 166, 172. s. 2, (reduction of London commissioners,) 140. s. 3, (jurisdiction of county courts,) ib. s. 4, (county courts,) ib. ss. 19 — 27, (abolition of insolvent court.) 172. s. 69, (all debtors subject to bankrupt laws,) ib. s. 71, (acts of bankruptcy,) 135. s. 72, (declaration of insolvency,) 136. s. 73, (execution,) 50, 51, 112, 136. s. 74, (sale of goods by auction,) 51. s. 75, (insolvency in colonies,) 136. s. 76, (judgment debtor summons,) ib. s. 77, (decrees and orders,) 137. s. 83, (summons, adjudication of bankruptcy,) ib. ss. 98 — 107, (pauper and lunatic prisoners,) 172. s. 108, (official assignees,) 53. s. 117, (assignees,) 53, 141. s. 128, (debts under lOZ.,) 141. s. 134, (half-pay, &c.,) 54, 172. s. 135, (sequestration of benefice,) 172. s. 157, (certificates,) 156. s. 159, (after-acquired property,) 159. s. 161, (order of discharge,) 156. s. 163, (discharge,) 309. s. 164, (barred debt,) 76. s. 177, (joint estates,) 314. s. 192, (trust deeds for creditors,) 125, 126. s. 194, (registration,) 122. s. 195, (stamps,) 124, 126. s. 294, (registration,) 124. INDEX. "^^^ Statutes cited. 25 Vict. c. 22, (inland revenue,) 337. 25 & 26 Vict. c. 63, (Merchant Shipping Act Amendment Act, 1862,) 30, 55. s. 3, (equities against owners and mortgagees of ships,) 57. ss. 66—78, (lien for freight,) 30, 62. c. 68, (copyright works of art,) 253. c. 81, (divorce,) 391. c. 86, ss. 12—14, (lunatics or idiots,) 205. c. 87, (industrial and provident societies,) 231. c. 88, (fraudulent marking of merchandise,) 257, 400. c. 89, (Companies Act, 1862,) 209, 215, 217, 218, 219, 220. s. 4, (partners,) 220. s. 6, (memorandum of association,) 219. s. 7, (liability may be limited,) 220. s. 8, (shares,) 221. s. 9, (guarantee,) ib. s. 10, (memorandum of unlimited company,) 222. s. 11, (effect of memorandum,) ib. s. 12, (powers to alter memorandum,) ib. s. 13, (change of name,) ib. ss. 14, 15, (articles of association,) 223. s. 16, (stamp on articles,) ib. s. 17, (registration of articles,) ib. s. 18, (certificate of incorporation,) ib. s. 21, (licence to hold land,) 224. s. 22, (shares personal estate,) ib. s. 25, (register,) ib. s. 26, (annual list of members,) ib. s. 30, (register of members,) ib. s. 31, (certificate of shares,) ib. s. 37, (register, evidence,) ib. s. 38, (liability of contributories.) 228. s. 39, (registered office,) 224. s. 41, (name of limited company,) 225. s. 43, (mortgages and charges,) ib. s. 44, (annual statement,) ib. s. 47, (bills and notes,) 320. s. 50, (special resolution,) 226. s. 51, (special resolution,) ib. s. 53, (registry of special resolution,) ib. s. 54, (copies of ditto,) ib. s. 74, (contributories,) 228. 472 INDEX. Statutes cited. 25 & 26 Vict. c. 89, ss. 79—128, (winding up by the court,) 228. s. 81, (court,) ib. ss. 92 — 97, 133— HI, (official liquidators,) ib. ss. 129 — 146, (voluntary winding up,) ib. ss. 147 — 152, (supervision of court,) ib. 26 Vict. c. 14, (post-office savings banks,) 232. c. 28, (stock certificates,) 203. 26 & 27 Vict. c. 41, (lien of innkeepers,) 29. c. 56, (loan societies,) 231. c. 57, (regimental debts act,) 337. c. 87, (savings banks acts amendment,) 232. c. 92, (Clauses Consolidation Act, railways,) 210. c. 93, (ditto waterworks,) ib. 0. 105, (bills and notes,) 85. c. 118, (Companies Clauses Consolidation Act,) 211. 27 Vict. c. 18, (stamps,) 300. c. 19, (companies' seals,) 229. 27 & 28 Vict. c. 32, (banks,) 214. c. 36, (army prize,) 337. c. 44, (property of wife deserted,) 390. c. 56, (stamps,) 87, 176, 336. c. 67, (game, trespass,) 21. c. 95, (death by injury,) 65, 66. c. 112, (register of writs of execution,) 101, 155, 310. c. 114, (improvement of land,) 282. c. 120, (railways,) 210. c. 121, (railways,) ib. 28 Vict c. 40, (trustees. County Palatine of Lancaster,) 289. 28 & 29 Vict. c. 72, (seamen's wills,) 324. c. 78, (Mortgage Debenture Act,) 229. c. 86, (partnership,) 316, 317, 318. c, 96, (stamps,) 61, 177, 197. c. 99, (county courts,) 6, 97. 29 Vict. c. 28, (labouring classes dwellings,) 233. 29 & 30 Vict. c. 14, (small debts,) 97. c. 32, (alimony,) 390. c. 96, (registration of bills of sale,) 49, 50. 30 Vict, c, 23, s. 3 etseq., (stamps on sea policies, repeal of acts,) 181. c. 28, (labouring classes dwellings,) 233. c, 29, (sale and purchase of shares,) 230. 30 & 31 Vict c. 90, s. 23, (duty on transfer of bonds,) 109. c. 117, (industrial and provident societies,) 230, 231. s. 3, (application of provisions of Friendly Societies Act,) 231. c. 127, (railway companies,) 210. c. 131, (Companies Act, 1862, amendment,) 218, 219. 473 INDEX. ^"^ '"7oT3fvtt.c.l31, ss. 4-8, (unlimited liability of directors ) 220 30 & 31 Vict.c. ^^^ ^^^^^ (reduction of capital and shares,) 222. s. 21, (sub-division of shares,) 223, s. 23, (associations not for profit,) 225. ss. 27—33, (share warrants to bearer,) 227. s. 28, (efifect of share warrant,) ib. s. 37, (contracts,) 227, 320. s. 40, (winding up petition,) 228. ss. 41, 42, (winding up,) ib. c. 132, (East India stock,) 285. c" 142, (County Courts Acts amendment,) 6, 97. s. 24, (payment into court by trustees,) 295. s. 25, (extension of powers,) 295. c. 144, (Policies of Assurance Act, 1867,) 6, 118. ss. 1—4, (assignment of life policies,) 178. s. 3, (notice of assignment,) 410, s. 6, (acknowledgment of notice,) 179. 31 & 32 Vict. c. 54, (judgments extension ) 104, 178. c. 71, (county courts admiralty jurisdiction,) J7. c. 86*, (assignees of marine policies,) 6, 118. s. 1, (assignees of marine policies,) 181. c 90 s. 1, (public departments, payments,) 338. ' s. 2, (sums under lOOL, powers of war depart- ment,) ib. c. 104, (bankruptcy act amendment,) 126. s. 3, (assent to composition deeds,) 128. c 111, (expiring laws continuance,) 85. c. 124, s. 7, (mortgage debt on leaseholds, probate,) 339. s. 11, (exemption of building societies from stamp duties restricted,) 233. c 129, (colonial shipping,) 55. c' 130 (artizans' and labourers' dwellings,) 233, 32 Vict, c, 14. s. 12, (duty on fire insurances repeal,) 181. 32 & 33 Vict. c. 46, (specialty and simple contract debts,) .106, • c 48, (Companies Clauses Act Amendment,) 210, 211, c, 51, (County Court Admiralty Jurisdiction Act Amendment,) 97. c. 59, (savings banks and post-office savings banks,) 232. c 61, (trades unions funds protection,) 230, c' 60 (imprisonment for debt,) 103, 135, 157, 173. ' ss. 4, 5, 6, 11, et seq. (exceptions,) 104. s, 24, (execution of warrants of attorney,) 100. s. 25, (informal execution of warrant,) ib. 474 INDEX. Statutes cited. 32 & 33 Vict. c. 62, s. 26, (filing warrant of attorney), 99, 101. ss. 27, 28, (filing judge's order,) 101. c. 71, (Bankruptcy Act, 1869,) 132, 173, 255. s. 4, (interpretation,) 298. s. 6, (petition for adjudication,) 135, 138. par. 1, (act of bankruptcy,) 123. par. 5, (act of bankruptcy,) 113. s. 8, (proceedings on petition,) 139. s. 10, (advertisement,) 141. s. 11, (commencement of bankruptcy,) 151. s. 14, (appointment of trustee,) 141. s. 15, (property of bankrupt,) 54, 159, 270, 408. s. 17, (devolution of property on trustee,) 53. s. 25, (power of trustee,) 144. s. 26, (management of property,) ib, ss. 27 — 29, (compromise, composition,) 145. s. 31, (debts,) 148. s. 32, (preferential debts,) 155. BS. 34 — 36, (distraint for rent, &c.,) 148, 155. ss. 37 — 39, (distinct contracts, &c.,) 149. s. 40, (secured creditor,) 150. s. 45, (surplus,) 155. s. 48, (discharge,) 157. s. 49, (effect of order of discharge,) 155, 158. s. 50, (joint debtors,) 158, 309. s. 54, (status of undischarged bankrupt,) 160. s. 59. (court,) 140. s. 60, (London bankruptcy district,) lb. s. 71, (appeal,) 154. s. 79, (change of jurisdiction,) 140. s. 80, (proceedings,) 131. par. 1, (affidavit of petitioner,) 139. s. 83, (trustees,) 53. par. 7, (ofticial name of trustee,) 120. s. 87, (proceeds of sale and seizure,) 146. s. 88, (sequestration of ecclesiastical benefice,) 173. s. 89, (pay of officers,) 174. s. 90, (salary,) ib. ss. 91, 92, (voluntary settlements and fraudu- lent preferences,) 154. ss. 94, 95, (protection of certain transactions,) 152, 153. s. 100, (petition against one partner,) 313. s. 103, (joint creditor,) 313. s. 104, (joint and separate dividends,) 314. INDEX. 475 Statutes cited. 32 & 33 Vict, c. 71, s. 105, (suits by trustee and bankrupt's part- ner,) 306. s. 107, (evidence,) 160. s. Ill, (power of assignee to sue,) 120. s. 120, (privilege of parliament,) 160. s. 121, (vacating seat,) 161. s. 125, (liquidation by arrangement,) 165. s. 126, (composition with creditors,) 128. s. 128, (commissioners,) 140. s. 130, (country district courts,) ib. sched. 1, (description of traders,) 133. c. 83, (insolvent debtors and bankruptcy repeal,) 100, 113,120,123, 124,125,126, 132, 172, 173,270. c. 104, (dividends on public stocks,) 200. c. 114, (railways abandonment,) 210. Statutes merchant and staple, 105. Stock in trade, assignment of, 34. in the funds, 6, 199—208. is personal estate, 201. jobbing, 92, 203, 230. transfer of, 202. contract for sale of, 204. distringas on, 205. charge of judgment on, 206. transmission of, by will, 207. unclaimed dividends on, 406. notice to trustee on assignment of, 407. Stolen goods, sale of, 396. Stop order, 409. Stoppage in transitu, 44. Submission to arbitration, 183, 186. Succession Duty Act, 1853.. 300, 303, 343. Superior courts of record, 96. Sureties, 114, 115. discharge of, 116. Survivorship amongst joint owners, 302, 305. none in equity of joint securities, 305, 306, 307. none amongst owners in common, 308. amongst joint debtors, 309. as to joint and several debtors, 311, 312. of office of executor, 330. Tail, estate, none in personal property, 265. Taxes due from bankrupt, 155 476 INDEX. Tenant without impeachment for waste, 19. for years or for life, 18. joint, 351. in common, 306, 307. bequest to, 351. Tenterden, Lord, his act. — See statute 9 Geo. IV. c. 14. Testamentary alienation, growth of right of, 321. See Will. Timber, 16, 18. trees, what are, 18. Title, 395. to money and negociable securities, 395. to chattels personal, 396. to stolen goods, ib. to horses stolen, 397. under factors and agents, 398. warranty of, 399. under statutes of limitation, 400 — 405. to unclaimed dividends, 406. to choses in action by notice, 407, 408. through deeds, wills, &c., 410. abstract of, ib. covenants for, ib. to shares, ib. comparison of, to real and personal estate, 411. to goods bond fide acquired, 52, 395. deeds, 9, 11. solicitor's lien on, 30. Tombstone, 13. Tort, action for, 65. Trade, contracts in restraint of, 91. marks, 256, 257. bankruptcy of partners in, 313. liability of executor carrying on, 315. customs of, 399. Trader, who is, within the bankrupt laws, 132. Transfer of stock, 202. Trespass in pursuit of game, 21. on the case, 24. Trover and conversion, 23, 46, 49. recovery in, 46. Trust, though voluntary, enforced in equity, 36. settlements by means of, 262. funds, act for better securing, 294. for payment of creditors, when revocable, 299. for wife's separate use, 384, 385. gift for '' sole use," 384. INDEX. 477 Trust, form of, of stock, 420. none entered on ship's register, 56. Trustee Act, 1850.. 291. Trustee in bankruptcy, 141. appointment of, 142. security to be given, ib. power to deal with property, 142, 144, 145, H8. if a solicitor, may be paid for services, 145. under a liquidation, 163. Trustees, former liability of, not investing in consols, 201. tranter of stock, refusal of Bank to recognize, 202. infant, 205, 291. power to appoint new, 289, 290. costs of, 292. responsibilities of, ib. indemnity and reimbursement of, 294. act for relief of, ib. county courts, jurisdiction of, 295. punishment for fraudulent, ib. power to apply for opinion of judge, ib. of personal estate made joint owners, 303. notice to, on assignment of chose in action, 408. inquiry of, as to prior assignments of choses in action, ib. form of usual clauses in settlement as to, 429. U. Umpire, 194, 195. Uncertificated bankrupt, 158, 159. Unclaimed dividends, 406. Unlawful contracts, 73, 89, 90. Use, conveyance by way of, 11. Usurious contracts, 93. V. Vendor's lien, 43. Vested interests, 262. the courts lean to, 277. giving, to children by settlement, 278. Vesting of shares of joint owners, 303. Voluntary trust enforced, 36. bonds and covenants, 110. preference in bankruptcy, 168. settlement, void as against creditors, 153, 154, 297. binding on settlor, 298. of personal estate not void as against subse- quent purchasers, 300. 478 INDEX. w. Wagers void, 93. Wages to servants of bankrupt, 155. Wales, custom of, 321, 364. Warrant of attorney, 98. to secure annuity, 100. execution and attestation of, ib. to be filed within twenty-one days, 101. in case of bankruptcy, 170. Warranty on sale of goods, 399. «j Waste, tenant without impeachment of, 19. being impleaded of, ih. by incumbent, 68. Widow, usually preferred in grant of administration, 356. her share under the Statute of Distribution, 361. when deprived of her distributive share by settlement, 371. Widowhood, gift to a woman during, 369. Wife, executrix, 329. covenant to settle her future property, 295. no duty on legacy to, 342. a feme covert, 373. lier chattels personal belong to her husband, ib. her paraphernalia, 374. her legal choses in action, 375. her equitable choses in action, 377. her equity to a settlement, ib. disposition of her reversionary interests, 379, 380. her husband's liability to her debts, 382, 387. her will of her personal estate, 383. trusts for her separate use, 384, 385. restraint on her anticipation, 385. powers may be exercised by, 270. powers of appointment given to, 386. separation of, 387. settlement on, 391. protection when deserted by her husband, 389. her alimony, 390. a feme sole, ib. remarks on the law of husband and wife, 392. acknowledgment by, on conveyance of real estate, 393. See Married Woman. Will, 321. attestation of, 323. revocation of, 325. domicile, 325, 326. executor of, 328. INDEX. 479 Will, probate of, 332—339. ecclesiastical jurisdiction over, 333, 334. registration of, in court of probate, 334. of wife by husband's authority, 383. Winding-up Acts, 218, 228. Witnesses, examination of, by arbitrators, 187. to a will, 323. Writ of mandamus, 63. of injunction, ib. oi' fieri facias, 51. of levari facias, .52. of elegit, ib. of capias ad satisfaciendum, 102. Writing, what contracts to be in, 38, 40, 42, 76, 77, 78, 79. 80, 82, 84. Year, agreement not to be performed within a, 43, 80. of executor, 340. of administrator, 357. York, custom of province of, 321, 333, 364. Younger children, 273. LONDON : PRINTED BY C. ROWORTH AND SONS, NEWTON STREET, W.C. I'-/ LAW V?^>!^1fOB1«S UC SOUTHERN REGIONAL LIBRARY FACILITY AA 000 821 970 1