What people are saying - Write a review
We haven't found any reviews in the usual places.
acceptance acceptor accommodation according action addressed agent altered amount apply authority Bank banker bearer bill drawn bill of exchange bill payable Bing blank Camp capacity cheque Code condition consideration contract debt defined delivery demand discharged drawer drawn draws due course effect England English entitled evidence Exch expressed fact firm foreign forged fraud French Code German Exchange Law give give notice given hands held holder in due honour ILLUSTRATIONS indorser interest issue Jones liable London Lord maker maturity means ment necessary negotiable notice of dishonour Nouguier obtained operate paid party payee payment person presentment principal protest reasonable received recover regards rule says sect seems signature signed Smith sub-section subsequent sufficient takes transfer unless valid writing York
Page 8 - Perhaps the best definition of a bill of exchange yet conceived is that in the English Bills of Exchange Act, of 1882, which says: "A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand, or at a fixed or determinable future time, a sum certain in money to, or to the order of a specified person, or to bearer.
Page 136 - Where a bill is addressed to two or more drawees who are not partners, presentment must be made to them all...
Page 92 - In the hands of any holder other than a holder in due course, a negotiable instrument is subject to the same defenses as if it were non-negotiable. But a holder who derives his title through a holder in due course, and who is not himself a party to any fraud or illegality affecting the instrument, has all the rights of such former holder in respect of all parties prior to the latter.
Page 161 - Where the person giving and the person to receive notice reside in different places, the notice must be given within the following times : 1. If...
Page 259 - Where a banker in good faith and without negligence receives payment for a customer of a cheque crossed generally or specially to himself, and the customer has no title, or a defective title, thereto, the banker shall not incur any liability to the true owner of the cheque by reason only of having received such payment.
Page 289 - ... all actions of debt grounded upon any lending or contract, without specialty, and all actions of debt for arrearages of rent, shall be commenced and sued within six years next after the cause of such action or suit, and not after.
Page 38 - The drawer of a bill and any indorser may insert thereon the name of a person to whom the holder may resort in case of need, that is to say, in case the bill is dishonored by nonacceptance or non.payment. Such person is called the referee in case of need.
Page 231 - The notarial act of honor must be founded on a declaration made by the payer for honor or by his agent in that behalf declaring his intention to pay the bill for honor and for whose honor he pays.
Page 92 - The title of a person who negotiates an instrument is defective within the meaning of this act when he obtained the instrument, or any signature thereto, by fraud, duress, or force and fear, or other unlawful means, or for an illegal consideration, or when he negotiates it in breach of faith, or under such circumstances as amount to a fraud.