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McBRIDE v DUCEINO PTY LIMITED
SUPREME COURT OF NEW SOUTH WALES — COURT OF APPEAL
HANDLEY JA
23 August 1993
[1993] NSWCA 175
Handley JA. In this matter the appellants seek a stay of execution on a
judgment in the District Court in the amount of $28,000, pending the hearing of
the appeal. It seems to me, having read the affidavit of the second claimant of 23
August and having heard Mr Seton, that further information should be provided
in affidavit form by the claimants. To enable this to be done I adjourn the further
hearing of this application to Monday, 6 September at 9.30am.
I direct the claimants to file and serve a further affidavit or affidavits on or
before 4.00pm on Wednesday, | September. The affidavit/s should deal with the
ownership of the farm properties known as 'The Island' and 'Barrington', the
ownership of the plant and machinery referred to in the affidavit of Patricia Mary
McBride of 23 August and, in particular, whether such plant and machinery is
under lease or hire purchase finance, the ownership of the stud cattle and the
imported Canadian stud bull, and whether any of these assets are subject to any
mortgage security, either to the mortgagee holding security over the farm
properties or some other mortgagee.
Ihave it in mind that if, in fact, the appellants own either plant and machinery
which is unencumbered, or cattle which are unencumbered, that either a bill of
sale or a stock mortgage should be granted in favour of the judgment creditor on
appropriate conditions to provide it with security for its judgment until the
hearing of the appeal.
I reserve the costs.
Orders accordingly.
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