Equity Court Rules on English Widows Fund Debts
Vice-Chancellor Wood weighs claims arising from a 1858 transfer of Commercial Life Assurance assets to the English Widows Association. Nash and other directors contend debts were owed. the court admits claims as proofs in winding up, noting directors may have joined the Widows on May 13 1858 and could contract with the merged entity.
MENTIONED IN THIS ARTICLE
Equity Courts
W. P. Wood
English Widows’ Fund
General Life Assurance Association
English Widows’ Association
Commercial Life Assurance Company
English Widows
Messrs. Nash and
Morell
Nash
Commercial
Rolt
Q.C
de Gex
Hugh Cairns
Insurance Policy Valid For Excess Amount In Marine Case
The Court of Queen’s Bench held that a policy for seven thousand pounds covering goods to be shipped from Calcutta to Singland was valid. Defendants had known of the Red Gauntlet’s loss before the policy but not the specific cargo. court ruled in favor of the Hong Kong Insurance Company plaintiffs, who insured excess beyond five thousand pounds.
MENTIONED IN THIS ARTICLE
Court OF Queen's Bench
Banco
Cockburn
Crompton
Mellor
Shee
Gledstanes
Otiers
TIE Corporation
THE
Royal Exchange
London
Hong Kong Insurance Company
India
England
Calcutta
Singland
Red Sea
Lush
Q.C
Hannen
Bovill
Watkyn Williams
Equity Court Enforces Dock Warrants Case in Liverpool Commerce
Plaintiffs, Alliance Bank of Liverpool and London, seek specific performance of a loan security contract. W. T. Broom & Co merchants allegedly hypothecated goods and dock warrants, with items marked as sold, prompting a dispute over delivery of warrants as security.
MENTIONED IN THIS ARTICLE
Equity Court
Navy
R.T. Kindersley
Alliance Bank VY. Broom
Liverpool
London
W. T. Broom and Co
Plainve Ene
Legal Argument on Consideration in Debt Contract
The court heard that a debt alone lacks consideration for moving defendants to contract unless there is a promise not to press payment or to make further advances. Mr Daniel and Mr Higgins supported the demurrer, Mr Beevor for the plaintiffs. Lis Wonour reserved decision.
MENTIONED IN THIS ARTICLE
Daniel
Higgins
Beevor
Lis Wonour
Dispute over displaced agent and Vienna bank contract
In a Queen's Bench session, Stirling Maitland and others faced bids over a life insurance transfer and a Vienna joint stock bank. The court ruled the plaintiff’s claim valid, finding that the company’s voluntary transfer effectively displaced the agent Seton, entitling recovery of £1,450. The De Thierry case concerned alleged failures to secure definitive concession and pay £30,000. issues of expenses and enforcement were argued.
MENTIONED IN THIS ARTICLE
Messrs. Maitland and Boyd
Seton
United Kingdom
North British Mercantile
M. Smith
Q.C
William Murray
Bogill
Coleridge
Vienna
Austria
Bovill
Kingdon
Lush
Garth
Also Mentioned on This Page
LAW Intelligence
Court OF Queen’s Bench
Westminstren
Justice Crompton
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