previously disclosed the full name and residence of such person, and if a partnership, the full names and residences of the partners composing said partnership, and if an association or a company, the principal place of business of that association or company, by a declaration to be made, in all cases, to that affect, and registered at the registration office according, or in addition to whatever may be already required by any law or Ordinance in force in this Territory concerning the registration of trading, partnership, association or company. No. 32 of 1899, s. 1.

may issue

well as agent.

16. Upon any judgment obtained against any such person Execution acting as such agent, partner or otherwise, based upon a against contract. transaction or obligation entered into, made or in- principal as curred for, or on behalf of any such person, partnership, association or company; execution may be issued upon and satisfied out of the assets of such person, agent or partner, as well as out of the assets of such person, partner, associa tion or company. No. 32 of 1899, s. 2.

23-Y.O.

Assignment

of debts and

choses in action.

"Assignee."

Action for debt on assignment.

Equities of

assignor

before notice.

CHAPTER 37.

An Ordinance respecting Choses in Action.

1. Every debt and any chose in action arising out of contract shall be assignable at law by any form of writing which shall contain apt words in that behalf but subject to such conditions and restrictions in respect to the right of transfer as may appertain to the original debt or as may be connected with or be contained in the original contract and the assignee thereof may bring an action thereon in his own name as the party might to whom the debt was originally owing or to whom the right of action originally arose or he may proceed in respect of the same as though this Ordinance had not been passed. N.W.T., c. 41, s. 1.

2. The term assignee" in the next preceding section includes any person now being or hereafter becoming entitled to any first or subsequent assignment or transfer or any derivative title to a debt or chose in action and possessing, at the time of the suit or action being instituted, the whole and entire beneficial interest therein and the right to receive the subject or proceeds thereof and to give effectual discharge therefor. N.W.T., c. 41, s. 2.

3. The plaintiff in any action or suit for the recovery of the subject of any assignment made in conformity with the two next preceding sections shall in his statement of claim set forth briefly the chain of assignments showing how he claims title but in all other respects the proceedings may be the same as if the action was brought in the name of the original creditor or of the person to whom the cause of action accrued. N.W.T., c. 41, s. 3.

4. In case of any assignment of a debt or chose in action debtor against arising out of contract and not assignable by delivery such assignment shall be subject to any defence or set-off in respect of the whole or any part of such debt or chose in action arising out of contract existing at the time of the notice of assignment to the debtor or person sought to be made liable in the same manner and to the same extent as such defence or set-off would be effectual in case there had been no assignment thereof and such defence or set-off shall apply as between the debtor and any assignee of such debt or chose in action arising out of contract. N.W.T., c. 41, s. 4.

rights after

5. In case of any assignment made in conformity with the Assignee's provisions hereof and notice thereof given to the debtor or notice to person liable in respect of the subject of such assignment debtor. the assignee shall have, hold and enjoy the same free of any claims, defences or equities which may have arisen subsequent to such notice by any act of the assignor or otherwise. N.W.T, c. 41, s. 5.

transferable

6. The bonds or debentures of corporations made pay- Securities able to bearer or any person named therein or bearer may by delivery. be transferred by delivery alone and such transfer shall vest the property in such bonds or debentures in the transferee or in the holder thereof and any such holder may bring any action or suit on or in respect of any such bonds or debentures in his own name. N.W.T., c. 41, s. 6.

instruments.

7. The provisions of the preceding sections shall not be Negotiable construed to apply to bills of exchange or promissory notes or instruments which are negotiable or in respect of which the property therein passes by mere delivery. N.W.T., c. 41, s. 7.

231-Y.0.

Fraudulent and preferential

CHAPTER 38.

An Ordinance respecting Preferential Assignments.

1. Every gift, conveyance, assignment or transfer, de. livery over or payment of goods, chattels or effects or of assignments. bonds, bills, notes, securities or of shares, dividends, premiums or bonus in any bank, company or corporation made by any person at any time when he is in insolvent circumstances or is unable to pay his debts in full or knows that he is on the eve of insolvency with intent to defeat or delay or prejudice his creditors or to give to any one or more of them a preference over his other creditors or over any one or more of them or which has such effect shall as against them be utterly void. N.W.T., c. 42, s. 1.

Pressure.

Assignments for creditors

2. Every such gift, conveyance, assignment, transfer, de livery over or payment whether made owing to pressure or partly owing to pressure or not, which has the effect of defeating, delaying or prejudicing creditors or giving one or more of them a preference shall as against the other creditors of such debtor be utterly void. N.W.T., c. 42, s. 2.

3. Nothing in this Ordinance shall apply to any deed of and bona fide assignment made and executed by a debtor for the purpose transactions. of paying and satisfying rateably and proportionately and without preference or priority all the creditors of such debtor their just debs or any bona fide sale of goods or payment made in the ordinary course of trade or calling, to innocent purchasers or parties. N.W.T., c. 42, s. 3.

CHAPTER 39.

An Ordinance respecting Mortgages and Sales of
Personal Property.

SHORT TITLE.

1. This Ordinance may be cited and known as " The Bills Short title. of Sale Ordinance." N.W.T., c. 43, s. 1.

REGISTRATION DISTRICTS.

2. For the purposes of the registration of mortgages and Registration other transfers of personal property in the Territory the districts. following shall be registration districts:

1. The registration district of "White Horse" comprising White Horse that part of the Yukon Territory forming the district of the district. deputy clerk at White Horse.

2. The registration district of "Dawson," comprising Dawson all of the Yukon Territory lying to the north of the White district. Horse registration district.

(2) The Commissioner may from time to time constitute New districts. any other portion of the Territory a registration district and appoint a registration clerk therefor and designate at what place the office of such clerk shall be kept. N.W.T., c. 43, s. 2.

REGISTRATION CLERKS.

sioner.

3. The Commissioner may appoint a registration clerk Appointments for each of said regristration districts, who shall hold office by Commisduring pleasure and their offices shall be kept at places to be designated by the Commissioner.

(2.) In the event of any vacancy occurring in the office of registration clerk by reason of death, resignation or otherwise, the vacancy shall be filled by the Commissioner. N.W T., c. 43, s.

4. The registration clerks under this Ordinance shall Office hours. keep their respective offices open between the hours of ten in the forenoon and four in the afternoon on all days excepting Sundays and holidays, and except on Saturdays and during the period of vacation prescribed by The Judicature Ordinance when the same shall be closed at one o'clock in