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A.D. 1877. and effectual as if such vendor or other person were an agent

or person entrusted with the goods or documents within the meaning of the principal Acts as amended by this Act, provided the person to whom the sale, pledge, or other disposition is made

has not notice that the goods have been previously sold. With respect

4. Where any goods have been sold or contracted to be sold, and to vendees

the vendee, or any person on his behalf, obtains the possession of permitted

the documents of title thereto from the vendor or his agents, any possession of sale, pledge, or disposition of such goods or documents by such title to goods. vendee or other person so in possession shall be as valid and 10

effectual as if such vendee or other person were an agent or person entrusted with the documents within the meaning of the principal Acts as amended by this Act, provided the person to whom the sale, pledge, or other disposition is made has not notice of any lien or other right of the vendor in respect of the goods. .

15 With respect 5. In any case in which by the principal Acts as amended to lien, &c.

by this Act validity is given to any sale, pledge, or disposition
of goods, or of documents of title to goods, such sale, pledge, or
disposition shall not be affected by, but shall have effect notwith-
standing any right of lien, or of stoppage in transitu, which might 20

otherwise exist. With respect

6. Where any document of title to goods has been lawfully to dock war

indorsed or otherwise transferred to any person as a vendee or owner of the goods, and such person transfers such document by indorsement (or by delivery where the document is by custom, 25 or by its express terms transferable by delivery, or makes the goods deliverable to the bearer,) to a person who takes the same bonâ fide and for valuable consideration, the last-mentioned transfer shall have the same effect for defeating any lien or right of

stoppage in transitu, as if such document were a bill of lading. 30 Act not to 7. This Act shall apply only to acts done and rights acquired

after the passing of this Act. spective.

rants, &c.

be retro

Factors' Acts Amend

ment.

А

B I L L

To amend the Factors' Acts.

(Prepared and brought in by Sir John Lubbock, Sir James M.Garee Hogg, Sir Charles Mills, and Mr. Watkin Williams.)

Ordered, by The House of Commons, to be Printed,

11 May 1877.

[Bill 168.]

Under ! oz.

LORDS AMENDMENTS

TO THE

FACTORS' ACTS AMENDMENT BILL.

Note.— The page and line refer to the Bill (140.) as first printed

by the Lords.

Page 1.
Line 29, leave out (“ other person ”) and insert (“any person

or agent entrusted by the vendor with the goods or “ documents within the meaning of the principal Acts as “ amended by this Act”)

Page 2

Line 1, leave out (“other”), and after (“ entrusted ”) insert

(" by the vendee") Line 10, leave out (“ or other person”), and after (“posses“sion”) insert (“ or by any other person or agent entrusted

by the vendee with the documents within the meaning of “ the principal Acts as amended by this Act”) Line 12, after (“ entrusted ”) insert (“ by the vendor”) Line 23, after (“any”) insert (“ vendor’s ”) Line 21, leave out (“if such document were a bill of lading ")

and insert (“ the transfer of a bill of lading has for defeating “ the right of stoppage in transitu”)

[blocks in formation]

Ordered, by The House of Commons, to be Printed,

30 July 1877.

[Bill 270.]

Under 1 oz.

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