Bills of Sale. [Ch. 31. No. 8.

 

executed in any place out of the Colony, then within seven
clear days after the time at which it would in the ordinary
course of post arrive in the Colony if posted immediately
after the execution thereof; and shall truly set forth the
consideration for which it was given; otherwise such bill
of sale, transfer, or assignment shall be void in respect of the
personal chattels comprised therein.

10. Personal chattels assigned under a mortgage bill of
sale shall not be liable to be seized or taken possession of
by the grantee for any other than the following causes :—

(a) if the grantor makes default in payment of the
sum or sums of money thereby secured at the time
therein provided for payment, or in the performance
of any covenant or agreement contained in the mortgage
bill of sale and necessary for maintaining the security ;

(o) if the grantor becomes a bankrupt, or suffers the
said goods or any of them to be distrained for rent,
rates, or taxes;

(c) if the grantor fraudulently cither removes or
suffers the said goods, or any of them, to be removed
from the premises;

(d) if the grantor, without reasonable excuse, upon
demand in writing by the grantee, fails to produce to
him his last receipts for rent, rates, and taxes;

(e) if execution has been levied against the goods of
the grantor under any judgment at law:

Provided that the grantor may, within five days from the
seizure or taking possession of any chattels on account of
any of the above-mentioned causes, apply to the Supreme
Court or to a Judge thereof in Chambers, and such Court or
Judge, if satisfied that by payment of money or otherwise
the said cause of seizure no longer exists, may restrain the
grantee from removing or selling the said chattels, or may
make such other order as may seem just.

11. A mortgage bill of sale shall be void, except as against
the grantor, unless made in accordance with the form in the
First Schedule hereto: Provided that no variation of such
form shall render a bill of sale void if the Court shall be
satisfied that such variation was accidental or due to

809

Power to
seize
chattels.

Form.