ONASHILE V. IDOWU & ORS

Pages171-173
ONASHILE V. IDOWU &
ORS.
171
ONASHILE V. IDOWU & ORS.
5
S.T. ONASHILE
APPELLANT
V
10 SULE SALAMI IDOWU
ASANISALAMI IDOWU
RESPONDENTS
BARCLAYS BANK D.C.O.
SUIT NO. FSC 6/1961
FEDERAL SUPREME COURT.
15
BRETT,
F.J.
UNSWORTH,
F.J.
TAYLOR,
F.J.
15th June, 1961.
20
Land Law - Registration of Title - Legal Mortgage on Lands - Conwuismry first
registration - Effect of failure to register Mortgage - Sale of Lands by mortgagee
under power conferred by Conveyancing Act, 1881 - Not exercisable as
mortgage no longer valid - Registration of Titles Ordinance, Cap. 181, Secs. 3,
5, 6, 48(1).
25
ISSUES:
1.
What is the effect of an unregistered mortgage of unregistered lands within a
Registration District.
2.
Whether a purported sale by a Bank under the power of the Conveyancing Act
30
of an unregistered Mortgage, could convey a legal estate.
FACTS:
The appellant, who was the Defendant in the High Court, mortgaged to the Bank
certain unregistered Lands situate in a Registration District. The Bank did not reg-
ister the mortgage as a First Registration under the Registration of Titles Ordinance
35
Cap. 181. Later the Bank sold the lands to the 1st and 2nd Respondents under the
power of sale conferred by the Conveyancing Act, 1881.
In the High Court, the Appellant contended (1) that the mortgage should have
been registerd as a first registration under section 5 of the Registration of Titles
Ordinance since it was a conveyance of the fee simple estate in the lands.
40
The High Court held that section 5 did not apply to a mortgage; that the mort-
gage was therefore valid and that, therefore, the exercise of the power conferred
by the Conveyancing Act,. 1881, conveyed the legal fee simple estate to the 1st
and 2nd Respondents. The Court made orders for possession, mesne profits and
costs. The appellant appealed.
45
HELD:
1.
The mortgage, being an absolute conveyance of the fee simple of unregistered
lands within a Registration District for a money consideration, came within the
requirements of section 5 and the mortgagee should have registered as owner
of the lands on First Registration under the Registration of Titles Ordinance,
50
within two months after the date of execution of the mortgage.
2.
Note having been so registered within the statutory period this mortgage
became void in so far as it purported to convey the legal estate to the Bank.

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