4. Competency of alien enemies as principals.

During the period of hostilities with the country of which he is a subject, an alien enemy is wholly incompetent to contract or act as a principal1. The outbreak of war dissolves a continuing agency agreement between a British subject2 and an enemy alien which involves intercourse with the enemy3, although an administrateur-séquestre appointed by the French court has been held to be entitled to receive dividends payable to an enemy alien resident in France