3. 0 - 3 London Legends FC. Under section 13 the Court has the power in relation to goods to which section 12 applies where it is shown that the bank would be entitled to sell the goods if it gave a notice in accordance with schedule 1 to the Act, the Court may then authorise the sale subject to such terms and conditions as may be specified in the order. ", 28. Illingworth v Houldsworth [1904] AC 355, HL; affg sub nom Re Yorkshire Woolcombers Association Ltd, Houldsworth v Yorkshire Woolcombers Association Ltd [1903] 2 Ch 284, CA. The bank, National Westminster Bank Plc, is involved with the land and buildings to which I have referred pursuant to two legal charges, one dated 6th July 2006 and the second dated 12th April 2007. The sale memorandum records that the seller is Mr Hunter acting by his Receivers. The e-mail was in these terms: "Further to our recent correspondence, I am writing to you again to make an increased offer of 1.550 million to be paid in 12 months' time. 6. By Stuart Littlewood. National Westminster Bank Plc - Ventures. Westminster Bank Ltd (1836-1969), established in London, was a past constituent of NatWest. The court set down the principles to be applied in abuse of process cases, where a . The immediate difficulty created by those contracts for Mr Hunter is that Mr Hunter was not then and has not since been in a position to redeem the bank's charge. So for all those reasons I will abridge time to 14 days. fixed) charge and required the company to pay the proceeds of the debts when received into the company's account with the bank and not otherwise to deal with the debts created a fixed charge over the book debts in accordance with the decision in Siebe . ", 26. The plaintiff was the remainder beneficiary under the will trust of her grandfather, who died in 1922. 54. Millett LJ gave a short judgment agreeing with that of Phillips LJ and the third member of the court, Butler-Sloss LJ, agreed. You have done this with full knowledge that I am still in possession of Manor Farm, Pitchcott. If I made an order in Mr Hunter's favour under section 91(2) whereby Mr Hunter sold the land to K Hunter and Sons Limited I would place Mr Hunter in breach of contract in favour of Mr Taylor's company. Whether that deposit was paid or not paid is not in the event material. The position is that the contract which has come into existence following the auction is between Mr Hunter as seller, acting through the Receivers, and Mr Taylor's company, but when it comes to the transfer of title pursuant to that contact title will not be transfered by a transfer executed by Mr Hunter as transferor, it will instead be transfered pursuant to a transfer executed by the bank as chargee. England and Wales. The leading authority which identified the potential of the sub-section is the decision of the Court of Appeal in Palk v. Mortgage Services Funding Plc [1993] Ch. That is what he has to do to get the appeal up and running, is it? As a matter of simple mathematics that is a higher figure than the price to be paid under the auction contract of 1.505 million. . But possession and control do not turn upon ownership, one man can be the owner and another can be in possession and a third can have control. True it is that the auction is not something Mr Hunter took part in or has come about in accordance with his wishes, but when he signed the charge, when he permitted the bank to appoint Receivers, when he gave the Receivers the power to sell as agents for the mortgagor, Mr Hunter put in train a series of events which has led in law to the situation that Mr Hunter has contracted to sell to Mr Taylor's company. I will start the comparison by looking at the position of K Hunter and Sons Limited. The bank replied in these terms: "In my letters to you earlier this week I made it clear to you that as a condition of any proposals being accepted and for me to be able to ask the Receivers to withdraw the property from the auction the bank would require your solicitor (1) to pay a non-refundable deposit of 10 per cent of any agreed settlement figure prior to auction and (2) to provide proof of funding. MR JUSTICE MORGAN: And if you get permission to make a complaint then they will hear the appeal. 77. 57. I have been told you have gone to a solicitor in the past----, MR JUSTICE MORGAN: ----you do not have to tell me, but are you intending to go back to the same person----. MR JUSTICE MORGAN: What in practical terms does Mr Hunter have to do? 5. Brief history This joint stock bank was established in Southwark in 1836 as Surrey, Kent & Sussex Banking Co. Phillips LJ, as he then was, said at page 1567: "I recognise the principles of the inherent jurisdiction of the Court" -- I omit certain words -- "but I question whether that principle can justify the Court in exercising its power to order a sale of mortgaged property under section 91 in circumstances where the mortgagee is seeking to enter into possession in order to sell property in which there is negative equity and where the sole object with which the mortgagor seeks that order is to prevent the mortgagee exercising his right to possession so that the mortgagor can negotiate his own sale while in possession. By Clause 4.3 the bank is given the power to appoint a Receiver. The agreed price is 1.505 million. The last outstanding life interest under the trust was that of her father John, who died in 1986. National Westminster Bank Plc v Hunter Law of Property Act 1925, s.91(2) - Mortgagor having continued interest in right of redemption - Conflicting contracts for sale - Whether mortgagee acted correctly in proceeding to sale by action - Applicability of remedy where sale contracted - Torts (Interference with Goods) Act 1977, s.13 - Order for sale of cattle 65. As I will describe in due course, part of the land the subject of the charge of 12th April 2007 has more recently been sold, but the remainder of that land remains subject to that charge. In 1989 they granted a charge by way of legal mortgage over the property in favour of the appellant bank (N). MR JUSTICE MORGAN: Well, let me see. It may be convenient at this point before considering the application of section 91(2) to that state of affairs to investigate a matter which has been very much in dispute in the course of argument. Should they be successful in Court, which is likely to take six months or more, their tenancies on Manor Farm, Pitchcott will inevitably devalue the properties by up to 50 per cent. MR HUNTER: Yeah, I'd like to appeal it, please, sir. I turn then to the contracts made on 14th July 2011, if that is the correct date, in favour of K Hunter and Sons Limited. It seemed to emerge in the course of argument that Mr Taylor is known to Mr Hunter and it also seemed to emerge that the buyer is not Mr Taylor personally but is a company controlled by Mr Taylor. If Mr Hunter seeks to continue the conduct he will place himself in very grave peril of being put in prison for a period of time which will bring home to him the consequences of his conduct. The husband asked the claimant bank to refinance the loan. today. Nestle v National Westminster Bank: ChD 1988. Quite apart from that being the position between the seller and the buyer, Mr Hunter by entering into that contract would appear to have been in breach of the condition in the charge that he should not dispose of the property without the consent of the bank. 45. I think in our earlier discussion of paragraph 5 I suggested that you put in, insofar as it is necessary, pursuant to section 13 just so that it ties in with paragraph 4. designed by C. S. Nelson (Leeds) in 1895 for the London and Yorkshire Bank Ltd. I can now pick up the chronology again by referring to what happened at that auction. Do you want to say anything about the points of details save for the general points? MR JUSTICE MORGAN: Right. Mr Hunter cannot apply to set aside the contract in favour of Mr Taylor's company; there is no basis on which he is able to do so. When the mortgagee executes that TR2 Mr Taylor's company will take the title free from the charge. At the date of the order for possession in August 2010 the debt was approaching 3.5 million. It is plain to me that he will continue to be uncooperative and difficult in similar ways to those which he has manifested in recent times. MR JUSTICE MORGAN: I am not here to answer questions. It is therefore the case that the Court has jurisdiction notwithstanding the dissent of the bank to direct a sale of the mortgaged property. Charges for NATIONAL WESTMINSTER BANK PUBLIC LIMITED COMPANY (00929027) More for NATIONAL WESTMINSTER BANK PUBLIC LIMITED COMPANY (00929027) Filter by category Show filing type. John Trenberth v. National Westminster Bank [1979, Eng. I assume any potential bidders are aware of the above information as they should be. It was paid by cheque and the cheque has cleared. 60. The meeting was called to de-escalate the sharp increase in violence in the occupied Palestinian territories. We would also like to set optional cookies to improve our site and bring you more . They agreed, subject to a legal charge on . No such deposit was on offer from K Hunter and Sons Limited. So that is the position before one considers the possible application of section 91(2) of the Law of Property Act 1925. 35. Courts, sentencing and tribunals; The letter does refer to "a formal offer of finance" which suggests that something in written form and in more detail did exist by 29th July 2011. 18. Miss Windsor in the course of her submissions said that the debt and charges etcetera amounted to some 3 million. I note that your letter is silent on these points. Previously, Hunter was Read More Contact Hunter Menton's Phone Number and Email Last Update 11/13/2022 7:20 PM Email h***@natwest.com It may be that by reason of what is happening on the land, completion with Mr Taylor's company will not be in five days' time, it may be it will happen in late December or January, but that has come about not because Mr Taylor's company has required that and has only been prepared to bargain on that basis, but because Mr Hunter -- in breach I have to say of an order of the Court -- has manoeuvred himself to produce that adverse consequence. There is now insufficient time for the bank to be comfortable as to the terms of your proposals prior to the auction later this afternoon. The cattle are chattels personal and are therefore goods and therefore the statutory provisions apply to the cattle. MR JUSTICE MORGAN: Shall I hear what he says about that first? That condition is in extra special condition 11 which is in these terms: "11.1, the condition will be satisfied on the date that the seller has informed the buyer that the cattle that were on the lot as at the date of the auction as shown on the sale of memorandum, the auction date, has been removed. It was acquired by the Royal Bank of Scotland in 2000. Creating a unique profile web page containing interviews, posts, articles, as well as the cases you have appeared in, greatly enhances your digital presence on search engines such Google and Bing, resulting in increased client interest. MR JUSTICE MORGAN: ----or one of the orders should not be made, then given that it is going to take effect either immediately or tomorrow the only point in running that appeal is if you can get to the Court of Appeal fast. England and Wales High Court (Chancery Division), National Westminster Bank Plc v Hunter & Anor. The Court cannot undo that contract. MR HUNTER: I didn't realise I had to, sir, they're public footpaths, they're nothing to do with me, sir. 01-11-2022 Summary of outcome On 10 October 2022, the High Court handed down its judgment in the appeal of Steiner v National Westminster Bank plc [2022] EWHC 2519. Nestle v National Westminster Bank plc [1992] EWCA Civ 12 is an English trusts law case concerning the duty of care when a trustee is making an investment. This is a very impressive building indeed, the facade is really eye catching as is the dome atop the building, its a great example of Victorian architecture at its best ,The National Westminster Bank Building is . He was ordered by the Aylesbury County Court to remove the cattle by a date in the past. There was some description of some matters in relation to the land which I have been shown as follows. Having done that, Mr Hunter entered into two contracts of sale, one relating to a small area of land at Kirkdene for 7,500 and the other relating to the bulk of the land at a price of 922,500. Since the possession action began and since the possession order was made t here has rightly been a great deal of communication between the bank and Mr Hunter. MR JUSTICE MORGAN: All right. It is not a case where the contract which is first in time is valid and the contract which is second in time lacks legal effect. In case of any confusion, feel free to reach out to us.Leave your message here. Mr Hunter has raised a number of questions today in argument as to the way in which the bank or the Receivers went about the sale of part of Kirkdene. National Westminster Bank v Somer [2002] QB 1286 5. By Clause 5.1.4 in particular a Receiver appointed by the bank under the charge has the power to sell the charged property. The contracts of 23rd February 2011 separately relating to land at Manor Farm and land at Kirkdene have had the dates of the contracts on the cover sheet and within the body of the contract changed from 23rd February 2011 to 14th July 2011. MISS WINDSOR: If Mr Hunter would like the three cattle herded through the gate, as he herded the other 87 through, onto his brother's land the Receivers will arrange for the three cattle to be handed over at the gate at that point. MR HUNTER: I think both, sir. There are other provisions which may perhaps be useful in connection with a proposed sale by a Receiver but it is not necessary to refer to them in this judgment. Do you have anything to say about costs? Nor can I change the position in Mr Hunter's favour by granting some relief by way of injunction or otherwise against the Receivers. In this context Miss Windsor cited a passage from Fisher and Lightwood's Law of Mortgage, 13th edition, paragraph 30.38. Right, any other point on the draft order? The definition continues but it is not necessary for me to read it out. It is possible this bank is of similar date and by the same architect. 79. What has happened, certainly so far as the bank's submission goes, is that Mr Hunter, acting through the agency of Receivers, has contracted to sell the property. It is also relevant to refer to a limited company which is called K Hunter and Sons Limited. MR JUSTICE MORGAN: I thought we had got into 2011, but tell me the rule again, 52.4? Published 2 March 2022 Explore the topic.