BRITISH AND FRENCH BANK LTD. V. OPALEYE

Pages21-25
BRITISH AND FRENCH BANK LTD. V. OPALEYE
21
aside. The fair course is to allow the plaintiff half his costs of appeal in the light
of the fact that his request to have a declaration in his favour or a non-suit is being
refused, and that moiety may be pug: at £27 - 17s - Od; and to allow the defendant
half his costs in the court below, viz £203 - 13s - Od. On balance it means that the
5
defendant is to have £175 - 16s - Od.
The following order is proposed:-
The judgment given on the 28th September, 1959, in suit No.
1
/
2
97/1957
between Sam Oragbade for himself and on behalf of the Ifetedo community
10
and Chief Onitiju, in regard to the area of land edged pink or red on plan
OG/150/58 shall stand insofar as it dismisses the action but is set aside insofar
as it grants a declaration in favour of the defendant but in either case this order
is not to prejudice any appropriate claim being made hereafter; and the plaintiff
Sam Oragbade shall pay the defendant the sum of £175 - 16s - Od, being the
15
difference between half the costs below (which are allowed to the defendant)
and half the costs of appeal (which are allowed to the plaintiff).
Ademola, C.J.F.:
I concur.
Unsworth, F.J.:
I concur.
Appeal allowed in part: Dismissal
of plaintiff action affirmed:
Declaration of Title on the Counter
claim set aside
BRITISH AND FRENCH BANK LTD. V. OPALEYE
30
BRITISH AND FRENCH BANK LTD.
APPELLANT
V
R.A.B. OPAL.EYE
RESPONDENT
SUIT NO. FSC 43/1961
35
FEDERAL SUPREME COURT
ADEMOLA,
C.J.F.
TAYLOR,
F.J.
BAIRAMIAN,
F.J.
11th January, 1962.
40
Commercial Law - Banking - Multiple accounts - Transfer of assets by bank
from one account to another to reduce overdraft consent of customer not
given.
45
Contract - Whether implied from course of business.
ISSUES:
1. What is the mode of determining the nature and terms of the relationship of
banker and customer in the absence of an express agreement between them.
50
2. Can a banker in the absence of an express agreement between him and a
customer utilise the credit of customer's private account to reduce the overdraft
of the business account?
20
25

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT