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25. Possessory security

2017/04/27 by MA Clarke, RJA Hooley, RJC Munday +3 · 1 citation
Social Sciences · #Genealogy #History #Law #Legal principles and applications #Lien #Pledge #Political science

paper · doi:10.1093/he/9780199692088.003.0025

openalex publication_date 2017/04/27 · openalex created_date 2025/10/10 · openalex updated_date 2026/06/11

Abstract

This chapter deals with possessory security. It begins with a discussion of pledge, focusing on two relevant cases: <italic>Coggs v Bernard</italic> (1703) and <italic>Halliday v Holgate</italic> (1868). It then considers the delivery and re-delivery of possession by citing the rulings in <italic>Official Assignee of Madras v Mercantile Bank of India Ltd</italic> (1935), <italic>Wrightson v McArthur and Hutchisons (1919) Ltd</italic> (1921), and <italic>Reeves v Capper</italic> (1838). It also examines re-pledge by the pledgee, realisation, and statutory control before turning to liens. In particular, it explains how a lien arises and how it is enforced, terminated and registered. Finally, it looks at the proposed legal reform with respect to possessory security.

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