CREDIT FONCIER D'ALGERIE ET DE TUNISIE v. SIMPSON, SPENCE & YOUNG.

(1932) 42 Ll L Rep 32

COURT OF APPEAL.

Before Lord Justice Scrutton, Lord Justice Lawrence and Lord Justice Slesser.

Freight - Assignment - Charter fixed by defendants as chartering agents - Advance by plaintiff bank to shipowners on security of freight-Instructions given by defendants through their New York house to their agents (X & Co.) to collect freight on plaintiffs' behalf - X & Co. acting also as ship's agents-Charterers not informed - Freight paid to X & Co. as agents for shipowners