New Zealand Farmers' Co-Operative Association of Canterbury Ltd v Canterbury Frozen Meat and Dairy-Produce Export Co Ltd - [1932] NZLR 381

Chattels Transfer — Instrument by way of Security over Stock — Natural Increase of certain Stock expressly included — Natural Increase of other Stock included by virtue of s 29 — Contrary Intention not expressed in Instrument — Implied Power of Sale — Sale of Surplus Stock without Consent of Grantee — Sale in Ordinary Course of Business — Appointment of Grantee Sole Agent to sell Grantor's Stock — Independent Sale by Grantor — Power of Sale not negatived by Appointment — Good Title acquired by Purchaser — Chattels Transfer Act, 1924–25 (Reprint), s 29, 4th Schedule, clause 9.