Page images
PDF
EPUB

VERBAL ACCEPTANCE-Continued.

notice of acceptance binds acceptor, 119

notice of dishonor may be sufficient, 276, 278
VOID, bill, for defects of title, 190-6

usurious consideration, 202

omitting "given for a patent right," 203

WAGER, when bill void as being for, 196
WAIVER of holders' duties by drawer, 97

indorser, 97-8

of presentment may be express or implied, 267-8
may be in writing or verbal, or by conduct, 267
binding without consideration, 267

of notice of dishonor may be express or implied, 293

before or after dishonor, 293

[blocks in formation]

WAR, an excuse for not presenting a bill, 264
WARRANT FOR PAYMENT OF DIVIDEND,
provisions as to crossed cheques apply, 444
WARRANTOR, of a note, 169

not a party to the bill, 296

English decisions regarding, 319

French law of aval, 319-See Aval

whether person indorsing above payee is, 321, 322
WARRANTY, by acceptor, 313-4

drawer, 316

indorser, 317-9

transferrer by delivery, 329-330

maker of a note, 431

WIFE-See Married Woman

"WITHOUT GRACE," time bill, has no days of grace, 96
“WITHOUT RECOURSE," indorsement, effect of, 98
WORDS, prohibiting transfer, 69, 73

must be clear, 69

amount expressed in, overrides figures, 78
added to signature to limit liability, 159
on face of bill or note for patent right, 203
WORDS AND PHRASES DEFINED,

acceptance, 22, 99

accommodation bill or party, 183
action, 23

allonge, 213

aval, 319

bad faith, 434

bank, 25

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

WORDS AND PHRASES DEFINED-Continued.

Lieutenant-Governor, 92

merger, 333

money, 41

month, 94

negotiation, 206

note, 26

novation, 333

overdue, 226

payee, 45

payment, 332

payment in due course, 332

person, 30

prescription, 341

presumptions, 124

procuration, 219

promissory note, 413

province, 92

referee in case of need, 97

remote party, 122

sans recours, 98

set-off, 23

signature, 39

simple contract, 168

supra protest, 366

transferrer by delivery, 327

value, 30

without recourse, 98

WRITING, defined, 31, 36

bill is contract in, 33

parol evidence cannot contradict, 36-7

exceptions to foregoing rule, 38

acceptance must be in, 102, 368

indorsement must be in, 212

notice of dishonor may be in, 276

renunciation must be in, unless bill given up, 354
signature to, 435

WRONG DATE, effect of insertion of, 86

WRONG DESIGNATION of drawee, acceptance in case of, 105

of payer or indorsee, indorsement, 215

YEAR, drawer of cheque paid on forged indorsement has. 146
drawee who has paid cheque has some period, 146, 150
bills are prescribed in Quebec in 5 years, 341
limitation in other provinces is 6 years, 342

« PreviousContinue »