The New Factors Act Annotated With An Introductory Sketch of the Origin And Gro

Cover The New Factors Act Annotated With An Introductory Sketch of the Origin And Gro
The New Factors Act Annotated With An Introductory Sketch of the Origin And Gro
Arthur Beilby Pearson
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G. , clerks or servants, cashiers, caretakers and the like (u). (2. ) Agents with whom goods are deposited for safe cus- tody, as e. (/. , bailees, wharfingers and warehouse- men (x). (3. ) Agents who are employed in the carriage of goods, as e. Ff. , carriers or forwarding agents (y).
(2. ) A person shall be deemed to be in posses- sion of goods, or of the documents of title to goods, where the goods or documents are in his actual custody, or (t) Goodwin v. Roberts, 1 App. Cas. 476 ; Lord Shef
...field's Case, Boston v. London Joint Stock Bank, 13 App. Cas. 333.
(«) Lamb v. Attenborough, 1 B. & S. 831.
\x) Monk v. Whittenbunj, 2 B. & Ad. 484.
(y) Sellings v. Russell, 33 L. T. N. S. 380 ; and see City Rank v. Bar- tow, 5 App. Cas. 664, 674.
32 THE FACTORS ACT, 1889.
are held by any other person subject to his control or on his behalf.
This re-enacts a provision contained in the 4th section of the Factors Act, 1842. It enables a mercantile agent, who has pledged goods for less than their value, to effect a further pledge of the same goods for the surplus value remaining after satisfying the first pledgee's claim ; being the extent to which the first pledgee holds the goods subject to the agent's control and on his behalf (b).


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