The Law Relating to Cheques |
From inside the book
Results 1-5 of 19
Page xiv
... entitled to the cheque , and such a person could thus , as true owner , fix with liability the bank making such irregular payment . But if a cheque is crossed without these words , it is difficult to see how the provisions of the ...
... entitled to the cheque , and such a person could thus , as true owner , fix with liability the bank making such irregular payment . But if a cheque is crossed without these words , it is difficult to see how the provisions of the ...
Page 6
... cheque in exchange for goods and handed the purchaser the balance in cash , was entitled to recover , in the absence of negli- gence , though the cheque had been stolen from the payee . HOLDER IN DUE COURSE . 7 ( 3 ) Where.
... cheque in exchange for goods and handed the purchaser the balance in cash , was entitled to recover , in the absence of negli- gence , though the cheque had been stolen from the payee . HOLDER IN DUE COURSE . 7 ( 3 ) Where.
Page 13
... entitled to bring advances against consignments into the current account , and so to dishonour the cheque , and that it was properly left to the jury to say whether such notice had in fact been given . A banker is under no obligation to ...
... entitled to bring advances against consignments into the current account , and so to dishonour the cheque , and that it was properly left to the jury to say whether such notice had in fact been given . A banker is under no obligation to ...
Page 20
... entitled to be regarded as separate parties . But where a party has an account at two branches of a bank , one showing a credit and the other a debt , the bank can combine the accounts and charge the credit account with the debt of the ...
... entitled to be regarded as separate parties . But where a party has an account at two branches of a bank , one showing a credit and the other a debt , the bank can combine the accounts and charge the credit account with the debt of the ...
Page 29
... entitled to recover against a party from whom the transferor had obtained the cheque by fraud . A simple signature on a cheque is a sufficient indorsement . An indorsement must be of the entire cheque , i.e. , of the whole sum payable ...
... entitled to recover against a party from whom the transferor had obtained the cheque by fraud . A simple signature on a cheque is a sufficient indorsement . An indorsement must be of the entire cheque , i.e. , of the whole sum payable ...
Common terms and phrases
acceptor accord and satisfaction agent for collection altered amount applies to cheques Attenborough authority Bank of England Bank of London Bank of Scotland banker Baxendale Bills of Exchange bills payable bonâ fide Chalmers cheque drawn cheque is crossed cheque paid cheque payable Clutton Clydesdale Bank corporation County Bank Crédit Lyonnais creditor crossed not negotiable debt decision defendant bank drawer or indorser due course entitled forged giving notice Grote held holder for value holder in due indorsement in blank infant Ingham instrument judgment jury L. J. Ch L. J. Ex Lacave London and County ment National Bank negligence negotiable instrument notice of dishonour overdue bills overdue cheques payable on demand payable to bearer payable to order payee plaintiff presented for payment Primrose RATIO DECIDENDI recover restrictive indorsement Richdale special indorsement stolen sued supra transferor true owner Union Bank Vict words prohibiting transfer
Popular passages
Page 62 - 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...
Page 2 - 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 51 - 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 105 - Where in a bill drawer and drawee are the same person, or where the drawee is a fictitious person, or a person not having capacity to contract, the holder may treat the instrument, at his option, either as a bill of exchange or a promissory note.
Page 28 - But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him, is conclusively presumed.
Page 79 - When a bill payable to order on demand is drawn on a banker, and the banker on whom it is drawn pays the bill in good faith and in the ordinary course of business, it is not incumbent on the banker to show that the indorsement of the payee or any subsequent indorsement was made by or under the authority of the person whose indorsement it purports to be, and the banker is deemed to have paid the bill in due course, although such indorsement has been forged or made without authority.
Page 34 - In order, however, that any such instrument when completed may be enforced against any person who became a party thereto prior to its completion, it must be filled up strictly in accordance with the authority given and within a reasonable time.
Page 41 - 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 7 - That he took the bill in good faith and for value, and that at the time the bill was negotiated to him he had no notice of any defect in the title of the person who negotiated it.
Page 92 - reasonable time" or an "unreasonable time," regard is to be had to the nature of the instrument, the usage of trade or business (if any) with respect to such instruments, and the facts of the particular case.