In Re Anchor Line (Henderson Brothers) Ltd[No 00278 of 1935]

Subject Matter

CONTRACT — Sale of goods — Sale of crane in deliverable condition — Delivery to purchasing company — Deferred payment — Annual payments for “interest and depreciation” — Whether property in crane passed — Winding-up of company — Sale of assets by liquidator — Liquidator treated as adopting contract — Right of vendors to balance of purchase-money — Sale of Goods Act, 1893 (56 & 57 Vict. c. 71), s. 17, sub-ss. 1, 2; s. 18, r. 1; s. 25.

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