Dempsey And the National Bank of New Zealand Limited v Traders' Finance Corporation Limited - [1933] NZLR 1258

Chattels Transfer — Companies — Hire-purchase Agreements — Nature of Bailor's Legal Estate in Chattels subject thereto — Debenture charging "all Property whatsoever other than Land" with restrictive Qualification — Effect of Registration as to Notice — Subsequent Assignment by Company as Bailor of Benefit of Hire-purchase Agreements — Priority between Debenture and Assignment in relation to Benefit of such Agreements and to Unsold Chattels — Chattels Transfer Act, 1924, ss 2, 4 (2); Amendment Act, 1931, s 2 (6); Companies Act, 1908, ss 11, 130.