720
No. 3 of 1896.
FACTORS.
Disposition by seller remaining in possession.
Disposition by buyer obtaining possession.
Effect of transfer of document of title on vendor's lien or right of stoppage in transitu.
Mode of transferring document.
goods as if such person were the owner of the goods, and may transfer any such lien to another person.
(2) Nothing in this section shall limit or affect the validity of any sale, pledge, or disposition by a mercantile agent.
Dispositions by Sellers and Buyers of Goods.
8. Where a person, having sold goods, continues, or is, in possession of the goods or of the documents of title to the goods, the delivery or transfer by that person, or by a mercantile agent acting for him, of the goods or documents of title under any sale, pledge, or other disposition thereof, or under any agreement for sale, pledge, or other disposition thereof, to any person receiving the same in good faith and without notice of the previous sale, shall have the same effect as if the person making the delivery or transfer were expressly authorised by the owner of the goods to make the same.
9. Where a person, having bought or agreed to buy goods, obtains, with the consent of the seller, possession of the goods or the documents of title to the goods, the delivery or transfer, by that person or by a mercantile agent acting for him, of the goods or documents of title, under any sale, pledge, or other disposition thereof, or under any agreement for sale, pledge, or other disposition thereof, to any person receiving the same in good faith and without notice of any lien or other right of the original seller in respect of the goods, shall have the same effect as if the person making the delivery or transfer were a mercantile agent in possession of the goods or documents of title with the consent of the owner.
10. Where a document of title to goods has been lawfully transferred to a person as a buyer or owner of the goods, and that person transfers the document to a person who takes the document in good faith and for valuable consideration, the last-mentioned transfer shall have the same effect for defeating any vendor's lien or right of stoppage in transitu as the transfer of a bill of lading has for defeating the right of stoppage in transitu.
Supplemental provisions.
11. For the purposes of this Ordinance, the transfer of a document may be by indorsement, or, where the document is by custom or by delivery.
12.—
(2) from any owner of the goods for which he received any money or valuable consideration, or any bank or other person, in respect of any bill of sale of or other disposition of the goods.
(3) sold by him to be the right of...
13. amplified agent.
14. ...
1.— seller to...
720
No. 3 of 1896.
FACTORS.
Disposition by seller remaining in possession.
*
Disposition by buyer obtaining possession.
Effect of transfer of document of title on vendor's
lien or right of stoppage
in transitu.
*
Mode of transferring document.
*
goods as if such person were the owner of the goods, and may transfer any such lien to another person.
(2) Nothing in this section shall limit or affect the validity of any sale, pledge, or disposition by a mercantile agent.
Dispositions by Sellers and Buyers of Goods.
8. Where a person, having sold goods, continues, or is, in possession of the goods or of the documents of title to the goods, the delivery or transfer by that person, or by a mercantile agent acting for him, of the goods or documents of title under any sale, pledge, or other disposition thereof, or under any agreement for sale, pledge, or other disposition thereof, to any person receiving the same in good faith and without notice of the previous sale, shall have the same effect as if the person making the delivery or transfer were expressly authorised by the owner of the goods to make the
same.
9. Where a person, having bought or agreed to buy goods, obtains, with the consent of the seller, possession of the goods or the documents of title to the goods, the delivery or transfer, by that person or by a mercantile agent acting for him, of the goods or documents of title, under any sale, pledge, or other disposition thereof, or under any agreement for sale, pledge, or other dis- position thereof, to any person receiving the same in good faith and without notice of any lien or other right of the original seller in respect of the goods, shall have the same effect as if the person making the delivery or transfer were a mercantile agent in posses- sion of the goods or documents of title with the consent of the owner.
10. Where a document of title to goods has been lawfully transferred to a person as a buyer or owner of the goods, and that person transfers the document to a person who takes the document in good faith and for valuable consideration, the last-mentioned transfer shall have the same effect for defeating any vendor's lien or right of stoppage in transitu as the transfer of a bill of lading has for defeating the right of stoppage in transitu.
Supplemental provisions.
11. For the purposes of this Ordinance, the transfer of a docu- ment may be by indorsement, or, where the document is by custom
*See note to section 1.
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