ADMIRALTY (VESTING OF
No. 1 of 1863.
33
PROPERTY).
alienation of
8. Nothing in this Ordinance shall empower, or be construed, deemed, or taken to empower, the Commissioners or the Lord High Admiral to sell or dispose of (otherwise than by way of surrender to His Majesty), any property reserved or granted by the Governor for naval or public purposes and held or accepted by the said Commissioners or Lord High Admiral under any grant, lease, licence, or appropriation made by the Governor in that behalf.
1864.
No. 1 of 1864.
An Ordinance to amend the laws of trade and commerce.
[13th September, 1864.]
[Originally No. 13 of 1864.]
1. This Ordinance may be cited as the Mercantile Law Amendment Ordinance, 1864.
tion for
writing.
appear by
2. No special promise made by any person to answer for the debt, default, or miscarriage of another person, being in writing and signed by the party charged therewith or some other person by him thereunto lawfully authorized, shall be deemed invalid to support an action, suit, or other proceeding to charge the person by whom such promise has been made, by reason only that the consideration for such promise does not appear in writing or by necessary inference from a written document.
19 & 20 Vict. c. 97, s. 3.
surety who
assignment
3. Every person who, being surety for the debt or duty of another or being liable with another for any debt or duty, pays or discharges such debt or performs such duty shall be entitled to have assigned to him, every judgment, specialty, or other security which is held by the creditor in respect of such debt or duty, whether such judgment, specialty or other security is or is not deemed at law to have been satisfied by the payment of the debt or performance of the duty, and such person shall be entitled to stand in the place of the creditor, and to use all the remedies, and, if need be and upon a proper
creditor.
s. 5.
19 & 20 Vict. c. 97,
ADMIRALTY (VESTING OF
No. 1 of 1863.
33
PROPERTY).
alienation of
8. Nothing in this Ordinance shall empower, or be con- Restriction strued, deemed, or taken to empower, the Commissioners or the on power of Lord High Admiral to sell or dispose of (otherwise than by property. way of surrender to His Majesty), any property reserved or granted by the Governor for naval or public purposes and held or accepted by the said Commissioners or Lord High Admiral under any grant, lease, licence, or appropriation made by the Governor in that behalf.
1864.
No. 1 of 1864.
An Ordinance to amend the laws of trade and commerce.
[13th September, 1864.]
[Originally No. 13 of 1864.]
1. This Ordinance may be cited as the Mercantile Law Short title. Amendment Ordinance, 1864.
tion for
writing.
appear by
2. No special promise made by any person to answer for Considera- the debt, default, or miscarriage of another person, being in guarantee writing and signed by the party charged therewith or some need not other person by him thereunto lawfully authorized, shall be deemed invalid to support an action, suit, or other proceeding to charge the person by whom such promise has been made, by reason only that the consideration for such promise does not appear in writing or by necessary inference from a written document.
19 & 20 Vict. c. 97,
8. 3.
surety who
assignment
3. Every person who, being surety for the debt or duty of Right of another or being liable with another for any debt or duty, pays discharges such debt or performs such duty shall be entitled to have liability to
trustee for him, every judgment, of all securi- assigned to him, or to a specialty, or other security which is held by the creditor in ties held by respect of such debt or duty, whether such judgment, specialty 19 & 20 or other security is or is not deemed at law to have been satisfied Vict. c. 97, by the payment of the debt or performance of the duty, and such person shall be entitled to stand in the place of the creditor, and to use all the remedies, and, if need be and upon a proper
creditor.
s. 5.
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