Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

JEBARA v. IMPERIAL OTTOMAN BANK.

(1927) 27 Ll.L.Rep. 294

COURT OF APPEAL.

Before Lord Justice Bankes, Lord Justice Scrutton and Lord Justice Atkin.

Banking-Sale of goods-Goods purchased by agent (plaintiff) for principals abroad-Bills of exchange drawn on principals in sterling-Bills and shipping documents handed in to bank in England and sent to foreign branch- Payment by principals to foreign branch of sum in piastres to raise sterling credit in England sufficient to meet bills-Intervention of war-Impossibility of performance-Goods released by bank on payment of piastres-Conversion -Agents of necessity-Treaty of Lausanne, Art. 84.

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