The Theory and Practice of Banking, Volume 2
Longmans, Green and Company, 1876 - Banks and banking
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Common terms and phrases
accommodation bill advances amount assignats authorised Bank Act Bank notes Bank of England Bank of Ireland Bank of Scotland Bank paper banker bearer on demand bill or note bills of exchange Bullion Report capital cash payments caused cent cheque circulating medium coin commercial Commons Company consequence consider continued contract country banks creditor crisis debt deposits depreciation difference directors doctrine drain Dublin effect equal excessive issues Exchequer bills export favour foreign exchanges Government guineas holder House increase indorsement issue notes joint stock banks liabilities London Lord Lord Overstone market price mercantile merchants metallic currency notice October opinion paid panic paper currency Parliament parties payable to bearer person price of bullion price of gold principle promissory notes quantity rate of discount restriction says Scotch banks securities shew silver Sir Robert Peel specie speculation stopped payment theory Vict Western Bank
Page 464 - Act had not passed), to pass and transfer the legal right to such debt or chose in action from the date of such notice, and all legal and other remedies for the same, and the power to give a good discharge for the same, without the concurrence of the assignor...
Page 464 - Provided always, that if the debtor, trustee, or other person liable in respect of such debt or chose in action shall have had notice that such assignment is disputed by the assignor or any one claiming under him, or of any other opposing or conflicting claims to such debt or chose in action, he shall be entitled, if he think fit, to call upon the several persons making claim thereto, to interplead concerning the same, or he may, if he think fit, pay the same into the High Court of Justice under...
Page 412 - ... so far as to give validity to any contract or agreement by way of pledge, lien, or security bond fide made by any person with such agent so intrusted as aforesaid, as well for any original loan, advance, or payment made upon the security of such goods or documents, as also for any further or continuing advance in respect thereof; and such contract or agreement shall be binding upon and good against the owner of such goods, and all other persons interested therein, notwithstanding the person claiming...
Page 464 - Any absolute assignment, by writing under the hand of the assignor (not purporting to be by way of charge only), of any debt or other legal chose in action, of which express notice in writing shall have been given to the debtor, trustee, or other person from whom the assignor would have been entitled to receive or claim such debt or chose in action...
Page 413 - India warrants, warehousekeepers certificates, warrants or orders for the delivery of goods, or any other documents used in the ordinary course of business as proof of the possession or control of goods, or authorising or purporting to authorise, either by indorsement or by delivery, the possessor of such document to transfer or receive goods thereby represented...
Page 430 - No special promise to be made by any person after the passing of this Act to answer for the debt, default, or miscarriage of another person, being in writing, and signed by the party to be charged therewith or some other person by him thereunto lawfully authorized, shall be deemed invalid to support an action, suit or other proceeding to charge the person by whom such promise shall have been made, by reason only that the consideration for such promise does not appear in writing, or by necessary inference...
Page 417 - ... shall have transferred to and vested in him all rights of suit, and be subject to the same liabilities in respect of such goods as if the contract contained in the bill of lading had been made with himself.
Page 478 - Parliament, and that it shall not be lawful for any body politic or corporate whatsoever created or to be created, or for any other persons whatsoever united or to be united in covenants or partnership exceeding the number of six persons in that part of Great Britain called England, to borrow, owe, or take up any sum or sums of money on their bills or notes payable on demand or at any less time than six months from the borrowing thereof...
Page 501 - An order for the payment of any sum of money weekly, monthly, or at any other stated periods, and also any order for the payment by any person at any time after the date thereof of any sum of money, and sent or delivered by the person making the same to the person by whom the payment is to be made, and not to the person to whom the payment is to be made, or to any person on his behalf...
Page 413 - That any bill of lading, India warrant, dock warrant, warehousekeeper's certificate, warrant, or order for the delivery of goods, or any other document used in the ordinary course of business as proof of the possession or control of goods ; or authorizing or purporting to authorize, either by endorsement or by delivery, the possessor of such document to transfer or receive goods thereby represented...