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Law Dictionary Home Dictionary Definition leeman-s-acts

Leeman's Acts. (English) So called-after the introducer, Mr. George Leeman, M.P. for York City. (1) The Banking Companies (Shares) Act, 1867 (30 & 31 Vict. c. 29), by which contracts for sale of bank shares are void unless the numbers of the shares sold are set forth in the contract; this Act is believed to be a dead letter on the Stock Exchanges, but is in full legal force, Neilson v. James, (1882) 9 QBD 546. (2) The Borough Funds Act, 1872 (35 & 36 Vict. c. 91), much amended (see BOROUGH FUND) by the Borough Funds Act, 1903-authorising the application of the funds of municipal corporations, and other governing bodies, under certain conditions, towards promoting or opposing Parliamentary and other proceedings for the benefit or protection of the inhabitants. See now Local Government Act, 1933 (22 & 33 Geo. 5, c. 51), which repeals the Act of 1903 except as to London.

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