INTERESTING TO CREDITORS
A late 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 such furniture under the plea of “ reputed possession ” unless they prove that the true owners 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 cfuantity 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 the bankrupt’s possession with the consent of the true owners. The Lords Justices said that the custom of letting furniture on hire was now so well known that no one giving credit especially to an hotel-keeper, had a right to assume that the furniture in bis possession was his own property.
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https://paperspast.natlib.govt.nz/newspapers/SCANT18810815.2.15
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South Canterbury Times, Issue 2621, 15 August 1881, Page 3
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151INTERESTING TO CREDITORS South Canterbury Times, Issue 2621, 15 August 1881, Page 3
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