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Lloyd's Law Reports

D. PROCTOR & SONS v. THE BORNEO COMPANY.

(1926) 25 Ll.L.Rep. 231

KING'S BENCH DIVISION.

Before Mr. Justice MacKinnon.

General average - Deposits collected from consignees (plaintiffs) by ship's agents and paid over to defendants (agents for Russian shipowners) - No adjustment made owing to Russian revolution - Money deposited not paid over to shipowners-Trusteeship-Duty of trustee-Breach of trust-Statute of Limitations-Acknowledgment sufficient to oust statute.

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