CAP. 20]

[s. 13 cont.]

Limitation of causes of seizure.

45 & 46 Vict. c. 43. s. 7.

Form of bill of sale. ibid. s. 9.

Schedule, Form 2

Avoidance of bill of sale under $150. ibid. 12.

Rule as to situation and sale of

chattels.

45 & 46 Vict.

c. 43, s. 13.

Bills of Sale.

tion for any of the like fixtures, plant, or trade machinery specifically described in the schedule to such bill of sale..

[14

14. Personal chattels assigned under a bill of sale shall not be liable to be seized or taken possession of by the grantee for any other than the following causes--

(a) if the grantor makes default in payment of the sum or sums of money thereby secured at the time therein provided for payment or in the performance of any covenant or agreement contained in the bill of sale and necessary for maintaining the security; or (b), if the grantor becomes a bankrupt or suffers the said goods or any of them to be distrained for rent, rates, or taxes; or

(c) if the grantor fraudulently either removes or suffers the said goods or any of them to be removed from the premises; or

(d) if the grantor does not, without reasonable excuse, upon demand in writing by the grantee, produce to him his last receipts for rent, rates, and taxes; or (e) if execution has been levied against the goods of the grantor under any judgment at law :

Provided that the grantor may, within five days from the seizure or taking possession of any chattels on account of any of the above-mentioned causes, apply to the court or judge who may, if satisfied that, by payment of money or otherwise, the said cause of seizure no longer exists, restrain the grantee from removing or selling the said chattels or may make such other order as may seem just.

[15

15. A bill of sale made or given by way of security for the payment of money by the grantor thereof shall be void unless made in accordance with Form 2 in the Schedule.

[16

16. Every bill of sale made or given in consideration of any sum under one hundred and fifty dollars shall be void.

[17

17. All personal chattels seized or of which possession is taken under or by virtue of any bill of sale shall remain on the premises where they were so seized or so taken

402

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