IN THE MATTERS OF THE COMPANIES (CONSOLIDATION) ACT, 1908, AND OF DAVID ALLESTER, LTD.

(1922) 11 Ll L Rep 52

CHANCERY DIVISION.

Before Mr. Justice Astbury.

Company-Winding-up-Priority of Claim of Bank as Pledgees - Hypothecation by Company with Bank of Shipping Documents containing Title to Goods-Documents returned in Trust to Pledgors to enable them to sell Goods-Undertaking to remit Proceeds or Amount of Loan when realised - Whether a Bill of Sale or Mortgage.