The Vice Chancellor referred, at para 20, to Gilford, Jones, Woolfson, Adams and Gencorand held that they all established proposition (1), and, so far as that goes, we respectfully agree. The Vice Chancellor declined to accept proposition (3), which he considered went farther than had been recognized by this court's decision in Adams. We also agree and Mr Snowden did not submit otherwise. As for proposition (2), the Vice Chancellor regarded that as too widely stated unless used in conjunction with proposition (1), and Mr Snowden also disclaimed any disagreement with that. In upholding the claim against Mr Smallbone for blowing receipt, the Vice Chancellor expressed his conclusions as follows-