“…The applicable principle was, Lord Diplock said at 542, stated in passages from the judgment of A. L. Smith LJ in Stephenson v Garnett [1898] 1 QB 677 and the speech of Lord Halsbury LC in Reichel v Magrath (1889) 14 App Cas 665. In Stephenson v Garnett, A. L. Smith LJ said at 680-681:…”