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RAMSGATE VICTORIA HOTEL COMPANY LIMITED V. MONTEFIORE.
  SAME v. GOLDSMID.
   Company--Allotment of Shares--Reasonable Time.
The defendant in one of the above actions for non-acceptance of shares, applied
for shares on June 8, but no allotment was made till Nov. 23.  On Nov. 8, he
withdrew his application.
The facts in the other action were the same, except that the defendant had
never withdrawn his application:--
Held that the allotment must be made within a reasonable time, that it was
not so made, and, therefore, that neither defendant was bound to accept the
shares alloted.
  THESE were actions for non-acceptance of shares, and for calla,
and cross-actions for recovery of deposit, and for damages for
not duly allotting shares, turned into a special case
  The company was completely registered 6th June, 1864.  By the
2nd article of association it was provided that the company should
continue incorporated, notwithstanding that the whole number of
shares in the company might not be su . . .
										
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WYATT v. KREGLINGER AND FERNAU.
      [1932.  W.  2620.]
Restraint of Trade--Grant of Pension by Employers to Employee--Stipulation
that Recipient of Pension was not to enter the Wool Trade--No Covenant
by Recipient of Pension--Acceptance of Pension on Term stated--
Action to recover Pension.
  The defendants, on June 25, 1923, wrote to the plaintiff, who had
been in their service for many years, a letter as follows :  " Upon your
retirement on 31st July next we have decidod to grant you a pension
of 2001. per annum, payable by monthly instaiments.  You are at
liberty to undertake any other employment or enter into any business,
except in the wool trado, and the only other stipulation we attach to
the continuance of this pension is that you do nothing at any time
to our detriment (fair business compotition excoptod)."  The plaintiff's
reply by letter was lost, but he must have said that he was entitled to
three months' notice, because the defendants wrote on June 26 :
" Your letter t . . .
										
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HENTHORN v. FRASER
                 [1891 H. 226]
Contract by Letters--Acceptance of Offer by Post--Time or Acceptance--With-
  drawal or Offer.
  H., who lived at Birkenhead. called at the office of a land society in
Liverpool, to negotiate for the purchase of some houses bolonging to them.
The secretary signed and handed to him a note giving him the option of
purchase for fourteen days at $750.  On the next day the secretary posted
to H. a withdrawal of the offer.  This withdrawai was posted botween 12
and 1 o-clock  and did not reach Birkenhead till after 5 P.M.  In the mean-
time H. had, at 3.50 P.M., posted to the secretary an uncondsitional accept-
ance of the offer, which was delivered in Liverpool after the society's office
had closed, and was opened by the secretary on the following morning :--
  Held, that where the circumstances under which an offer is made are
such that it must have been within the contemplation of the parties that,
according to the ordinary u . . .
										
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BRITISH BANK FOR FOREIGN TRADE LD. v.
         NOVINEX LD
Contract--Conession--Repeat orders"--Undertake to cover you with
  "an agreed commission on any other business transacted with your
  "friends"  In consideration you "to put us in direct touch with
  "your friends"--Consideration executed--Contract enforceable--
  attibutable or not to the introduction.
  clients of the plaintiffs 20,000 oilskin suits.  In that letter dated
 December 9, 1946, the defendants wrote: "We confirm that
 "we have agreed to cover you on this transaction with a com-
 "mission of 4d. per oilskin suit . . . . We also undertake to
 "cover you with an agreed commission on any other business
 "transacted with your friends. In return for this you are to
 "put us in direct contact with your friends." The plaintiffs
 put the defendanta in direct contact with their friends--the
 P. and G. Trading Co. Ld. In August 1947 tbe defendants
 bought from P. and G. Trading Co. Ld. by two transactions
 1,000 and 20,000 o . . .