New Brunswick Equity Cases : Being a Selection of Hitherto Unreported Cases Determined By the Supreme Court in Equity of New Brunswick From 1876 to 1893
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DeVeber, want- ing funds, drew a bill of exchange on Singleton, Dunn & Co., of Glasgow, for £1,000 stg., and Boies De- Veber indorsed it in the name of the firm and sold it to the Bank of New Brunswick on> the 3rd day of October aforesaid, and when so selling told Lewin, the president, as was the fact, that Singleton, Dunn & Co. were the company's agents for delivery of the spools and collect- ing the pay. Mr. Lewin was examined as a witness be- fore me, and testified that the above was all tha...t took place at the time he purchased the bill. This bill was presented, dishonoured, and notice of dishonour sent the bank by cable on the 17th of October. Afterwards DeVeber told Lewin " that there had been a delay in shipping the spools, in consequence of the vessel not arriving to take them, but the bank should have security on them as the bill had been drawn against them." On the 27th day of October, R. S. DeVeber took the defendant, Vroom, to Petitcodiac, where the company carried on its business, and as president of the company executed an absolute bill of sale to Vroom & Arnold of the whole of the spool wood and spools the company bad in or about the factory then, without any authority or direction of the directors, and gave him symbolical delivery thereof, leaving the property in possession of NEW BRUNSWICK EQUITY CASES.
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