Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

IN RE BLYTH SHIPBUILDING & DRY DOCKS COMPANY, LTD.

(1926) 24 Ll.L.Rep. 139

COURT OF APPEAL.

Before the Master of the Rolls (Sir Ernest Pollock), Lord Justice Warrington and Lord Justice Sargant.

Sale of ship-Passing of property-Contract by company to build ship-"From and after payment of the first instalment . . . the vessel and all materials and things appropriated for her shall thenceforth . . . become . . . absolute property of the purchasers"-Ship partially constructed - Company in liquidation and erection abandoned- Property in loose materials held to be vested in company and not to have passed to purchasers - Meaning of "appropriated."

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