he ve
for a considerable time past, baan executed by the
agent here under his personal seal, but it apparza to us
Quite plsin that a reassiɛgment executed in this way is
not effective to mass the legri mɛtīte.
In one of such transactions which took pizce,
in 1916, Mesura, -ilkinson Grist, who were soting for
..
s purchaser of some property which had been re ssigned
The
by the Credit Foncier D' «treme-urimt in this way, re-
fused to accept the title on the ground that the ress-im-
ment was ineffective, end on a result, it was necessity
to approach the ourt and obtain a vesting order.
expense of such a qourse makes it impossible in the very
numerous mall roassi, nimen to which are constantly taking
place.
• have mentioned the case of the Credit ongier
fxtreme-trient en be ng the one in which the difficulty
(most frequmtly arises, ih» some difficulty, however,
has arisen in the case of the Banque Industrielle de Chine,
and in the oven of the ociete
xtreme-uriant.
■
*\xygen" at
*ncetylme
have the honour to ask you to take steps to
„introduce legislation which will meet the circumstances,
either by diap-muing with the naɑew.ily for a seɛl ucon
of Attorney gìrm by foreim corporation s, or in
132