Daniel Meyer Export Ltd v Makali Cycle Mart (Civil Appeal No. 81 of 1954)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The Court held that the appellants could not sue as holders in their own name absent reindorsement, but should have been permitted to adduce evidence showing they were entitled to payment under sections 57 or 59 of the Bills of Exchange Ordinance as drawers compelled to pay. The matter was remitted for trial on those issues.
Outcome
Matter remitted to High Court for trial on whether appellants entitled to payment under sections 57 or 59 of the Bills of Exchange Ordinance
Facts
The appellants, a London confirming house, drew a bill of exchange on the respondents, Kampala bicycle dealers, for payment of bicycles ordered from Dutch manufacturers. The bill was payable to the appellants or order and they endorsed it in blank, rendering it payable to bearer. Barclays Bank subsequently endorsed it restrictively to the Standard Bank of South Africa Ltd for collection. The bill was accepted by the Standard Bank, Kampala, and dishonoured on presentation. The bill returned to the appellants' possession. The appellants sued on the bill. The High Court dismissed the suit on a preliminary point, holding the appellants were not holders and had no title to sue in their own name. The trial judge refused to admit evidence the appellants sought to adduce showing they had been compelled to pay the bill and were entitled to recover under section 59(2)(b) of the Bills of Exchange Ordinance.
Issues
- Whether a person in possession of a bill of exchange endorsed in blank and subsequently restrictively endorsed for collection can sue in their own name as holder.
- Whether the appellants were entitled to adduce evidence to show they fell within sections 57 and/or 59 of the Bills of Exchange Ordinance.
Orders
- Appeal allowed.
- Judgment and decree of the High Court set aside.
- Proceedings remitted to the High Court for trial on the issues under sections 57 and 59 of the Bills of Exchange Ordinance and, if necessary, on the other issues raised.
- Appellants awarded half the costs of the appeal.
- Costs of the abortive hearing in the High Court to abide the result of the suit on rehearing.
Rules and key headnotes
Legislation cited (16)
- Bills of Exchange Ordinance s.2
- Bills of Exchange Ordinance s.8(3)
- Bills of Exchange Ordinance s.21(2)(b)
- Bills of Exchange Ordinance s.31(1)
- Bills of Exchange Ordinance s.31(4)
- Bills of Exchange Ordinance s.32(6)
- Bills of Exchange Ordinance s.34(4)
- Bills of Exchange Ordinance s.35(1)
- Bills of Exchange Ordinance s.38(1)
- Bills of Exchange Ordinance s.54
- Bills of Exchange Ordinance s.57
- Bills of Exchange Ordinance s.59
- Bills of Exchange Ordinance s.59(1)
- Bills of Exchange Ordinance s.59(2)(b)
- Bills of Exchange Ordinance s.63(2)
- Bills of Exchange Ordinance s.88
Cases cited (9)
- Suiters v Briggs [1922] AC 1
- Denton v Peters (1870) LR 5 QB 475
- Good v Walker (1892) 61 LJNS 736
- Subramanian Chetty v Alagappa Chetty (1907) ILR 30 Mad 441
- Stones v Butt (1834) 2 C & M 416
- National Savings Bank v Tranah (1867) LR 2 CP 556
- Mayer v Jadis (1833) 1 Mood & R 247
- Merali Alibhai v Kikh and Edwards Ltd (EACA Civil Appeal No. 83 of 1954)
- Hood v. Stewart
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.