 | A. M. Hamilton - Bills of exchange - 1904 - 354 pages
...of several payees.4 A bill may also be made payable to the holder of an office for the time being.6 (3.) Where the payee is a fictitious or non-existing...person the bill may be treated as payable to bearer. f a See s. 8 (3). b " Pay to order " is equivalent to " pay to my order," but " pay to or order " is... | |
 | Joseph Chitty - Contracts - 1904 - 940 pages
...several payees. A bill may also be made payable to tie holder of an office for the time being. (8) Where the payee is a fictitious or non-existing person the bill may be treated as payable to bearer (h). S. 8. — (1) When a bill contains words prohibiting transfer, or indicating an intention that... | |
 | Louis Arthur Goodeve - Personal property - 1904 - 548 pages
...payable to the officer for the time being of a company;2 but now either of these things can be done.3 Where the payee is a fictitious or non-existing person, the bill may be treated as paj'able to bearer.4 The drawer or any indorser may insert in a bill the name of " a referee in case... | |
 | Sir Frank Tillyard - Banking law - 1906 - 412 pages
...in the alternative. A bill may also be made payable to the holder of an office for the time being. Where the payee is a fictitious or non-existing person, the bill may be treated as payable to bearer. For the cases as to fictitious or non-existing persons, see pp. 164, 171. Negotiable Bills — (sec.... | |
 | Law - 1907 - 930 pages
...THE STATUTE :— Such was the law upon the subject prior to the statute. The statute provides that "where the payee is a fictitious or nonexisting person, the bill may be treated as payable to bearer." In the case from which Lord Justice Bowen's judgment has been quoted above, Vagliano v. Bank of England... | |
 | Nigeria. Compilations - 1908 - 880 pages
...some of several payees. A bill may also be made payable to the holder of an office for the time being. (3) Where the payee is a fictitious or non-existing...person the bill may be treated as payable to bearer. 8. — (1) When a bill contains words prohibiting transfer or indicating an intention that it should... | |
 | New York (State). Supreme Court. Appellate Division - Law reports, digests, etc - 1908 - 1086 pages
...and never intended that it should, the payee was fictitious," And under the statute providing that " where the payee is a fictitious or non-existing person the bill may be treated as payable to bearer" (Bills of Exchange Act, 1882, § 7, subd. 3*), the bills of exchange were, in legal effect, payable... | |
 | Joseph Doddridge Brannan - Bills of exchange - 1908 - 276 pages
...delivered by the person making the signature in order that the paper may be converted into a nego. 1 " Where the payee is a fictitious or non.existing person the bill may be treated as payable to bearer." BEA s. 7 (3). 3 Not in BEA 1 "A bill is not invalid by reason only that it is antedated or postdated,... | |
 | John Mews - Law reports, digests, etc - 1908 - 846 pages
...purpose of construing section 7, sub-section 3 of the Bills of Exchange Act, 1882, which enacts that " where the payee is a fictitious or nonexisting person the bill may be treated ag payable to bearer," the circumstances of the particular case must be looked at to see whether the... | |
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Where the payee is a fictitious or non-existing person the bill may be treated as payable to bearer. 
