Previous Page  159 / 216 Next Page
Information
Show Menu
Previous Page 159 / 216 Next Page
Page Background

May, 1943]

The Gazette of the Incorporated Law Society of Ireland

13.

Patrick I. Pettit.

14.

Patrick J. B. Keane.

15. Charles S. Reddy.

16. Randal Counihan.

17.

Joseph G. O'Shea.

18.

James H. West.

19.

Philip 0. O'Loughlin.

20.

Tames Neville

\ -,,

,

Paul G.C.I, Wlutsitt/ Ec5 ual -

22. Roderick J. O'Connor.

Thirty-two candidates attended; twenty-

two passed ; ten were postponed.

The Council has awarded a Silver Medal to

Brendan P. O'Byrne, B.A.,N.U.I., and Special

Certificates

to Caleb C. McCiitcheon and

Patrick M. K. Johnson.

CURRENT TOPICS.

Landlord and Tenant (Amendment) Act, 1943.

In the March number of the GAZETTE we

published a short note entitled " Landlord

and Tenant (Amendment) Bill, 1942." This

Bill became law on 27th April, 1943. As

enacted it bears little resemblance to the

measure originally introduced in Dail Eireann

which was the subject of the previous note

in the GAZETTE.

It is entitled " An Act to

amend Section 46 of the Landlord and Tenant

Act, 1931," and the following is a very brief

summary of its main provisions :

(1) The

definition of a building lease is extended to

embrace land situate outside urban areas

provided that it was demised under a lease

for not less than 20 years.

(2) Where a lease

(termed a " partly built lease ") would be

either a building lease or a proprietary lease

but is excluded either by reason of the non-

completion of the buildings agreed to be

erected thereon, or because some of such

buildings were not erected in pursuance of an

agreement for the grant of a lease on their

erection, the Act provides for the creation of

two notional leases, one called the " built

on lease," and the other " the vacant lease."

The built-on

lease, which will comprise

so much of the land in the partly built

lease,

as

is

covered by buildings

and

also

the

land ancillary

and

subsidiary

thereto, will, under certain conditions, ac

quire the benefits of part V of the Act of

1931.

The rent, covenants and conditions

of the partly-built -lease will be apportioned

between the lands comprised in the built

on lease and the vacant lease in proportion

to their respective areas.

(3) Lessees under

leases which expired before the passing of

this Act, but which, if thej^ had not so expired,

would have been entitled to the benefit

of the Act, can, under certain conditions,

preserve their rights.

It is important to

note that the period during which the lessee

under such an expired lease is entitled to

obtain a reversionary lease

is limited to

six months from the 27th April, 1943, the

date of passing of

the Act, and solicitors

who may have such leases in their safes

would be well advised to inform themselves

without delay of the provisions of the Act

and their clients' possible rights thereunder.

(4) The fact that the lessee under such an

expired lease has before the passing of the

Act accepted a new lease from his lessor

will not of itself deprive him of the benefits

of the Act if the terms of such lease are

less favourable than those of a reversionary

lease. (5) The Court is empowered to presume

that buildings erected by

the person

in

occupation of lands were erected in pursu

ance of an agreement for a lease, where

such lease was in fact subsequently granted,

even in the absence of direct evidence of such

an agreement.

The

foregoing does not

purport to be a complete summary but

it may be sufficient

to indicate the im

portance of the matter to solicitors, par

ticularly having regard to possible loss of

clients' rights through lapse of time.

Solicitors and Stockbrokers.

Where a solicitor in

the course of his

business instructs stockbrokers to sell stock

or shares, the property of a client or other

third party, is he liable to indemnify the

brokers as principal or is his liability only

that of an agent ?

This was one of the

questions raised in the recent case of Hichens

Harrison, Woolston & Co. v. Jackson & Sons

(59 T.L.R.

112).

The defendants were

solicitors who had instructed the plaintiff

stockbrokers to sell stock registered in the

name of a third party by letter in the follow

ing terms :—

"Dear Sirs,

We enclose herewith certificates for £250

Consolidated Ordinary Stock in the Bristol

Waterworks together with blank transfer

duty executed. We shall be obliged if you