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Bills of sale are fruitful subjects of legislation, and the last inward European mail informs us that Mr. Sampson Lloyd and others have introduced a Bill to consolidate and amend the law relating to bills of sale. It is proposed that the Acta of 1864 and 1866 relating to bills of sale should be repealed, and that legislation thereon should begin de novo. Accordingly fresh enactments are to be hazarded to compass the frauds contrived by means of bills of sale, and additional strength is sought to be obtained by rules of court to bo hereafter prescribed. The Manchester Incorporated Law Association have, by a circular addressed to other societies, called attention to needful additions and alterations in the proposed measure, especially as regards the definition of “ trade fixtures,” the effect of the attornment clause usually inserted in- mortgages, whore the mortgagor is the occupier of the mortgaged premises, and the time for registering bills of sale. The House of Commons committee concur in the recommendations of the Manchester Association, that a better definition of trade fixtures should be adopted ; that raort: gages containing an attornment clause with rent not exceeding the annual value of the property should not be the subject of registration ; and that a longer period than three days should he allowed for registration.

La grande marque brandy' ia now recognised as the purest and best in the market, ~ JOSEPH NATHAN & CO., Agents.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZTIM18780618.2.21.1

Bibliographic details
Ngā taipitopito pukapuka

New Zealand Times, Volume XXXIII, Issue 5374, 18 June 1878, Page 3

Word count
Tapeke kupu
236

Page 3 Advertisements Column 1 New Zealand Times, Volume XXXIII, Issue 5374, 18 June 1878, Page 3

Page 3 Advertisements Column 1 New Zealand Times, Volume XXXIII, Issue 5374, 18 June 1878, Page 3

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