INTERESTING TO CREDITORS.
A date decision of the Court of Appeal has given the custom of hiring out furniture to be paid for by instalments a legal recognition, and creditors cannot seize sueh furniture under the plea of “ reputed possession ” unless they prove that the true owners had knowingly allowed the reputed owner to obtain credit upon it by leaving it in his possession. The plaintiffs in the case bad let a large quantity of furniture to an hotel-keeper who became bankrupt before he had paid the full amount due upon it and the trustee claimed it as having been in bankrupt’s possession with the consent of the true owners. The Lords Justices said that the custom of letting furniture on hire was so well known that no one giving credit, especially to an hotelkeeper, had a right to assume that the furniture in his possession was his own property.
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https://paperspast.natlib.govt.nz/newspapers/PBS18811210.2.25
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Poverty Bay Standard, Volume IX, Issue 1010, 10 December 1881, Page 3
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150INTERESTING TO CREDITORS. Poverty Bay Standard, Volume IX, Issue 1010, 10 December 1881, Page 3
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