Secretarial practice

Bibliographic data

Monograph

Identifikator:: 1828236004

URN:: urn:nbn:de:zbw-retromon-249926

Document type:: Monograph

Title:: Secretarial practice

Edition:: fourth edition

Place of publication:: Cambridge

Publisher:: W. Heffer & Sons Ltd

Year of publication:: 1930

Scope:: viii, 987 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter XXI. Powers of attorney

Collection:: Economics Books

POWERS OF ATTORNEY 279 by the third party of a copy of the power carefully collated by him. Such a copy, however. would not strictly be ad missible in evidence. Certain safeguards are, however, afforded by Statute. S. 124 of the Law of Property Act, 1925, provides as follows :— (1) Any person making any payment or doing any act, in good faith, in pursuance of a power of attorney, shall not be liable in respect of the payment or act by reason that before the payment or act the donor of the power had died or become subject to dis- ability! or bankrupt,? or had revoked the power, if the fact of death, disability, bankruptcy, or revocation, was not at the time of the payment or act known to the person making or doing the same. A statutory declaration by an Attorney that he has not received any notice or viformation of the revocation of such power of attorney by death or otherwise, shall, if made immediately before or within three months after any such payment or act as aforesaid, be taken to be conclusive proof of such mon-revocation at the time when such payment or act was made or done. Where the donee of the power of attorney is a corporation aggregate, the officer appointed to act for the corporation in the execution of the power may make the statutory declaration in like manner as if that officer had been the donee of the power. Where probate or letters of administration have been granted to any person as attorney for some other person,? this section applies as if the payment made or acts done under the grant had been made or done under a power of attorney. This section shall not affect any right against the payee of any person interested in any money so paid; and that person shall have the like remedy against the payee as he would have had against the payer if the payment had not been made by him. 3) Statutory Protection. ! E.g. lunacy, unsoundness of mind. ? includes liquidation (s. 2035). 8 As to the appointment of this officer, see Appendix. ! Where administration is granted to the attorney of an executor or next of kin, the grant is made to the attorney for the use and benefit of his principal and determines on the latter's death. This clause protects third parties who have no notice of such death and deal in good faith with the attornev.

Access restriction

Copyright

fullscreen: Secretarial practice

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation