What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
acceptance acceptor alteration amount balance bank notes Bank of England Bank of Scotland Batten bills of exchange bullion capital cash cent certificates charge cheque circulation Clause Clearing House contract Council currency debt deposits dishonoured drafts drawee drawer English fact gold coin gold coinage Government grains half-sovereigns havo holder India indorsement Institute of Bankers instrument interest issue Journal legal tender liability London Lord ment metal millions sterling Monday Tuesday Wednesday monetary national bank notice Office opinion Ordinary Meetings paid paper payable payment penny person plaintiffs pound practice present promissory note purchase question Ratcliffe received regard reserve Saturday Sunday Saturday Sunday Monday Scotch banks shillings Sir John Lubbock sovereign standard tho bank tion trade transactions Tuesday Wednesday Thursday United Wednesday Thursday Friday weight
Page 456 - 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 536 - A cancellation made unintentionally or under a mistake, or without the authority of the holder, is inoperative; but where an instrument or any signature thereon appears to have been cancelled, the burden of proof lies on the party who alleges that the cancellation was made unintentionally, or under a mistake or without authority.
Page 199 - Where the sum payable is expressed in words and also in figures and there is a discrepancy between the two, the sum denoted by the words is the sum payable ; but if the words are ambiguous or uncertain, reference may be had to the figures
Page 468 - Where a bill is addressed to two or more drawees who are not partners, presentment must be made to them all...
Page 339 - means the Act of the session of the eleventh and twelfth years of the reign of her present Majesty, chapter forty-three, intituled, " An Act to facilitate the performance of the duties of justices of the peace out of sessions within England and Wales with respect to summary convictions and orders," inclusive of any Acts amending the same.
Page 388 - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this title.
Page 461 - ... prior to its completion, it must be filled up strictly in accordance with the authority given and within a reasonable time. But if any such instrument, after completion, is negotiated to a holder in due course it is valid and effectual for all purposes in his hands, and he may enforce it as if it had been filled up strictly in accordance with the authoritjgiven and within a reasonable time.
Page 475 - A bill of itself does not operate as an assignment of the funds in the hands of the drawee available for the payment thereof, and the drawee is not liable on the bill unless and until he accepts the same.
Page 464 - An instrument is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder thereof. If payable to bearer it is negotiated by delivery ; if payable to order it is negotiated by the indorsement of the holder completed by delivery.