FIRST SCHEDULE
Section 6
FORM OF BILL OF SALE
bill of sale
“bill of sale” includes bills of sale, assignments, transfers, declarations of trust without transfer, inventories of goods with receipt thereto attached, or receipts for purchase moneys of goods, and other assurances of personal chattels, and also powers of attorney, authorities, or licences to take possession of personal chattels as security for any debt, and also any agreement, whether intended or not to be followed by the execution of any other instrument, by which a right in equity to any personal chattels, or to any charge or security thereon, shall be conferred, but does not include the following documents:(a)assignments for the benefit of the creditors of the person making or giving the same;(b)antenuptial marriage settlements;(c)transfers or assignments of any ship or vessel or any share thereof;(d)transfers of goods in the ordinary course of business of any trade or calling;(e)bills of sale of goods in foreign parts or at sea;(f)bills of lading, warehouse-keeper’s certificates, warrants or orders for the delivery of goods, or any other documents used in the ordinary course of business as proof of the possession or control of goods, or authorising or purporting to authorise, either by endorsement or by delivery, the possessor of such documents to transfer or receive goods thereby represented;
This Indenture, made the
day of
20
between A.B. of
of the one part and C.D. of
of the other part, WITNESSETH that in consideration of the sum of $
now paid to the said A.B. by the said C.D. (the receipt whereof the
said A.B. acknowledges) [or whatever else the consideration may be] he the said
A.B. doth hereby assign unto the said C.D. all and singular the several chattels and
things specified in the schedule hereto by way of security for the payment of the
sum of $
and interest thereon at the rate of
% per
annum, and the said A.B. doth hereby agree that he will duly pay to the said C.D.
the principal sum aforesaid, together with the interest then due, by equal
payments of $
on the
day of
[or
whatever else may be the stipulated time or times of payment]; and the said A.B.
doth also agree with the said C.D. that he will [here insert terms as to insurance,
payment of rent or otherwise which the parties may agree to for the maintenance
or defeasance of the security].
Provided always that the chattels hereby assigned shall not be liable to seizure
or to be taken possession of by the said C.D. for any cause other than those
specified in section 8 of the Bills of Sale Act 1886.
In Witness, etc.
Signed and sealed by the said A.B. in
the presence of me, E.F. [add
witness’s
name,
address
and
description],
after
I
had
fully
explained to the said A.B. the
nature and effect hereof.
.