What people are saying - Write a review
We haven't found any reviews in the usual places.
acceptance acceptor acceptor for honour according agent alteration amount apply authorised authority Bank banker Barrister-at-Law bearer bill drawn bill of exchange bill or note bill payable cancelled capacity cheque cloth Companies complete condition containing copies County Court crossed deemed defined delay delivery discharged drawer drawn due course duly duty Edition effect England entitled expressed fact faith foreign Forms give notice given hands holder in due honour includes indorsement interest issued liable maturity means ment necessary negotiable non-acceptance notice of dishonour operate otherwise paid particular party payable on demand payee person practice presented for payment promissory note protest provisions reasonable Receipt receive referred regards relating Rules Scotland Second sect signature signed SONS LIMITED specified stamp stamp duty subsequent sufficient takes thereof thereto transfer United Kingdom unless valid written
Page 3 - 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 38 - A bill must be protested at the place where it is dishonored, except that when a bill drawn payable at the place of business or residence of some person other than the drawee, has been dishonored by non-acceptance, it must be protested for nonpayment at the place where it is expressed to be payable; and no further presentment for payment to, or demand on, the drawee is necessary.
Page 17 - That at the time it was negotiated to him he had no notice of any infirmity in the instrument or defect in the title of the person negotiating it.
Page 34 - Where a party has been adjudged a bankrupt or an insolvent, or has made an assignment for the benefit of creditors, notice may be given either to the party himself or to his trustee or assignee.
Page 13 - ... the delivery may be shown to have been conditional or for a special purpose only and not for the purpose of transferring the property in the instrument.
Page 26 - Where a bill is addressed to two or more drawees who are not partners, presentment must be made to them all...
Page 46 - 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 30 - Protest is dispensed with by any circumstances which would dispense with notice of dishonor. Delay in noting or protesting is excused when delay is caused by circumstances beyond the control of the holder and not imputable to his default, misconduct or negligence.
Page 60 - 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.
Page 18 - In the hands of any holder other than a holder in due course, a negotiable instrument is subject to the same defenses as if it were non-negotiable. 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.