The Canadian Law of Banks and Banking: The Clearing House, Currency and Dominion Notes, Bills, Notes, Cheques and Other Negotiable Instruments |
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Page v
... Statutes of Canada , 1906 . The former Act has established a system of banking which differs in many respects from that prevailing either in England or in the United States . The Act contains provisions in regard to the incorporation ...
... Statutes of Canada , 1906 . The former Act has established a system of banking which differs in many respects from that prevailing either in England or in the United States . The Act contains provisions in regard to the incorporation ...
Page vi
... statutes above mentioned have undergone great changes in form in the revision of 1906. Whenever an alteration in ... Statutes of Canada , 1906 , Act , if upon any point the provisions of the Revised Statutes are not in ef- fect the same ...
... statutes above mentioned have undergone great changes in form in the revision of 1906. Whenever an alteration in ... Statutes of Canada , 1906 , Act , if upon any point the provisions of the Revised Statutes are not in ef- fect the same ...
Page 1
... statutes relating to the subject of banking in force in Upper and Lower Canada at the time of the confederation of the provinces . It may therefore be useful to refer to some of the statutes of the late province of Canada as an aid to ...
... statutes relating to the subject of banking in force in Upper and Lower Canada at the time of the confederation of the provinces . It may therefore be useful to refer to some of the statutes of the late province of Canada as an aid to ...
Page 3
... statute further additions to their capital . In 1858 penalties and forfeiture for usury were abolished . In 1859 another act of general application to the chartered banks was passed , being the first step in the legislation permitting ...
... statute further additions to their capital . In 1858 penalties and forfeiture for usury were abolished . In 1859 another act of general application to the chartered banks was passed , being the first step in the legislation permitting ...
Page 4
... statute on the subject of banking enacted under this authority . It was merely a tempor- ary measure , to expire at the end of the first session of Parlia- ment after the 1st of January , 1870. It extended to the whole Dominion the ...
... statute on the subject of banking enacted under this authority . It was merely a tempor- ary measure , to expire at the end of the first session of Parlia- ment after the 1st of January , 1870. It extended to the whole Dominion the ...
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The Canadian Law of Banks and Banking: The Clearing House, Currency and ... John Delatre Falconbridge No preview available - 2018 |
Common terms and phrases
acceptance acceptor agent amount apply authority Bank Act Bank of England Bank of Hamilton Bank of Montreal Bank of Toronto banker Banque bill drawn bill of lading bill or note bill payable Bills of Exchange by-law Canada Canadian Bank Chalmers Chapter cheque circulation clause clearing house contract court creditor debt delivery deposit directors discharged Dominion notes due course English Act entitled fund given held holder in due honour insolvent instrument issue law merchant liable ment Molsons Bank mortgage negotiable non-acceptance notes to sec notice of dishonour paid party payable on demand payee person presentment for payment primâ facie promissory note protest province provisions Quebec restrictive endorsement Royal Canadian Bank rule shareholders shares signature signed statute sub-sec supra thereof tion transfer Treasury Board Upper Canada warehouse receipt wares and merchandise words
Popular passages
Page 452 - 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 630 - Notice of dishonor is not required to be given to an indorser in either of the following cases : 1. Where the drawee is a fictitious person or a person not having capacity to contract, and the indorser was aware of the fact at the time he indorsed the instrument; 2.
Page 448 - 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 628 - 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 442 - Where the instrument contains or a person adds to his signature words indicating that he signs for or on behalf of a principal, or in a representative capacity, he is not liable on the instrument if he was duly authorized; but the mere addition of words describing him as an agent, or as filling a representative character, without disclosing his principal, does not exempt him from personal liability.
Page 486 - Where a bill is addressed to two or more drawees who are not partners, presentment must be made to them all...
Page 445 - A valuable consideration, in the sense of the law, may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered, or undertaken by the other.
Page 456 - Every holder of a bill Is prima facie deemed to be a holder in due course; but if in an action on a bill it is admitted or proved that the acceptance, issue, or subsequent negotiation of the bill, is affected with fraud, duress, or force and fear, or illegality, the burden of proof is shifted, unless and until the holder proves that, subsequent to the alleged fraud or illegality, value has in good faith been given for the bill.
Page 500 - Delay in making presentment for payment is excused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct, or negligence. When the cause of delay ceases to operate, presentment must be made with reasonable diligence.
Page 416 - ... 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.