In the case of an ordinary pledge there is an implied undertaking on the part of the pledgor that the property pledged is his own or that he has the authority of the owner to pledge it, and that it may safely be delivered back to him.
Judges:
Hawkins J
Citations:
(1880) 61 LTR 591
Jurisdiction:
England and Wales
Cited by:
Cited – Advanced Industrial Technology Corporation Ltd v Bond Street Jewellers Ltd CA 4-Jul-2006
The claimant left a valuable necklace with the defendant jewellers for sale. The jewellers fell into financial difficulties, and the director gave the necklace as security for a loan to the company. The jeweller failed to maintain payments on the . .
Lists of cited by and citing cases may be incomplete.
Contract
Updated: 21 July 2022; Ref: scu.242989