The Weekly Law Reports
[1955] 2 WLR 757
[CHANCERY DIVISION.]
WELCH v. THE BANK OF ENGLAND AND OTHERS.
[1954 W. No. 1531.]
1955 Jan. 20,
21,
24,
25,
26,
27,
28,
31;
Feb. 1, 24;
Mar. 4, 7, 8.
Feb. 1, 24;
Mar. 4, 7, 8.
Harman J.
Banking
— Stock
— Transfer
— Bank of England stock
— Transfers forged by trustee
— Claim for restoration to register by surviving trustee
— Estoppel
— Negligence
— Ratification
— Limitation of action
— Bank of England public authority
— Transfers a nullity
— Third party proceedings by bank against jobbers and stockbrokers who presented transfers
— Claim for indemnity
— Costs
—
Limitation Act, 1939 (2 & 3 Geo. 6, c. 21), ss. 2, 21
—
Finance Act, 1942 (5 & 6 Geo. 6, c. 21), s. 47
—
Government Stock Regulations, 1943 (S.R. & O. 1943, No. 1), reg. 1.
Limitation of action. Costs
— Third party proceedings. Company
— Shares
— Transfer.