FACTORS.
No. 3 of 1896.
379
Supplementary.
document.
11. For the purposes of this Ordinance, the transfer of a Mode of document may be by indorsement, or, where the document is by transferring custom or by its express terms transferable by delivery or makes the goods deliverable to the bearer, then by delivery.
12.—(1) Nothing in this Ordinance shall authorize an agent to exceed or depart from his authority as between himself and his principal, or exempt him from any liability, civil or criminal, for so doing.
(2) Nothing in this Ordinance shall prevent the owner of goods from recovering the goods from an agent or his trustee in bankruptcy at any time before the sale or pledge thereof, or shall prevent the owner of goods pledged by an agent from having the right to redeem the goods at any time before the sale thereof, on satisfying the claim for which the goods were pledged, and paying to the agent, if by him required, any money in respect of which the agent would by law be entitled to retain the goods, or the documents of title thereto, or any of them, by way of lien as against the owner, or from recovering from any person with whom the goods have been pledged any balance of money remaining in his hands as the produce of the sale of the goods after deducting the amount of his lien.
(3) Nothing in this Ordinance shall prevent the owner of goods sold by an agent from recovering from the buyer the price agreed to be paid for the same, or any part of that price, subject to any right of set-off on the part of the buyer against the agent.
Saving for rights of
true owner.
13. The provisions of this Ordinance shall be construed in Saving of amplification and not in derogation of the powers exercisable by an agent independently of this Ordinance.
1896.
common law powers of agent.
14. This Ordinance may be cited as the Factors Ordinance, Short title.
15. The enactments mentioned in the Schedule are hereby Repeal of repealed (so far as they are applicable to the Colony) to the enactments. extent stated in the Schedule.
Schedule.
Page 5
Page 6