1978 ORDINANCE No. 12 OF 1886 .
Bills of Sale.
Bill of sale to
have schedule 12. Every bill of sale shall have annexed thereto or written there
of property under a schedule containing an inventory of the personal chattels com
attached.
[45 & 46 V. c. prised in the bill of sale ; and such bill of sale save as hereinafter men
43, s. 4.]
tioned, shall have effect only in respect of the personal chattels specifically
described in the said schedule , and shall be void except as against the
grantor in respect of any personal chattels not so specifically described .
Bill of sale 13. Save as hereinafter mentioned , a bill of sale shall be void except
not to affect
after acquired as against the grantor in respect of any personal chattels specifically de
property.
45 & 46 V. c. scribed in the schedule thereto of which the grantor was not the true
43, s. 5.]
owner at the time of the execution of the bill of sale.
Exception as 14. Nothing hereinbefore contained shall render a bill of sale void
to certain
-
things. in respect of any of the following things , ( that is to say ) :
[45 & 46 V. c.
43, § 6. ] ( 1. ) Any growing crops separately assigned or charged where
such crops were actually growing at the time when the
bill of sale was executed.
(2. ) Any fixtures separately assigned or charged and any plant
or trade machinery where such fixtures plant or trade
machinery are used in attached to or brought upon any
land, farm , factory , workshop , shop , house, warehouse,
or other place in substitution for any of the like fixtures ,
plant or trade machinery specifically described in the
schedule to such bill of sale.
Bill of sale 15. Personal chattels assigned under a bill of sale shall not be liable
with power to
seize except to be seized or taken possession of by the grantee for any other than the
in certain ――――
events to be following causes : —
void.
[ Ibid. s. 7.] ( 1. ) If the grantor shall make 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 ;
( 2. ) If the grantor shall become a brankrupt or suffer the said
goods or any of them to be distrained for rent, rates or
taxes ;
(3. ) If the grantor shall fraudulently either remove or suffer
the said goods or any of them to be removed from the
premises ;
No comments yet.
Private notes are available after approval.