Commentary on the Bills of Exchange Act 1882, (45 & 46 Victoria, Cap. 61) |
From inside the book
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Page 8
... recourse against the drawer and prior indorsers , for payment of the sum in the bill , which the drawee has failed to pay , if he has omitted to take the steps and give the notices which the Act makes necessary , vide §§ 39-52 . The ...
... recourse against the drawer and prior indorsers , for payment of the sum in the bill , which the drawee has failed to pay , if he has omitted to take the steps and give the notices which the Act makes necessary , vide §§ 39-52 . The ...
Page 17
... recourse against the bank . The possession of the letter of indication does not preclude this . The corre- spondent who cashes a circular note ought to , and commonly does , for his own protection , look at the letter of indication C ...
... recourse against the bank . The possession of the letter of indication does not preclude this . The corre- spondent who cashes a circular note ought to , and commonly does , for his own protection , look at the letter of indication C ...
Page 20
... recourse against the drawer , whose liability is that of an ordinary drawer of a bill of exchange . In some cases the grantee of the letter of credit incurs no liability to the foreign correspondent by operating on it , I. Bell's Com ...
... recourse against the drawer , whose liability is that of an ordinary drawer of a bill of exchange . In some cases the grantee of the letter of credit incurs no liability to the foreign correspondent by operating on it , I. Bell's Com ...
Page 40
... recourse , it is sufficient that the bill be presented for payment within a reasonable time after its indorsement , vide § 45 ( 2 ) . The acceptor by his acceptance binds himself to pay on demand , unless he has qualified his acceptance ...
... recourse , it is sufficient that the bill be presented for payment within a reasonable time after its indorsement , vide § 45 ( 2 ) . The acceptor by his acceptance binds himself to pay on demand , unless he has qualified his acceptance ...
Page 47
... recourse against the giver of the address in case of need , as the holder was under no obligation to present to the referee , but if the referee after the bill has been accepted by him , dishonour the bill by non- payment , notice of ...
... recourse against the giver of the address in case of need , as the holder was under no obligation to present to the referee , but if the referee after the bill has been accepted by him , dishonour the bill by non- payment , notice of ...
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Commentary on the Bills of Exchange ACT, 1882 (45 & 46 Victoria, Cap. 61) W D Thorburn No preview available - 2016 |
Common terms and phrases
acceptance supra protest acceptor for honour accommodation bill agent amount authorised authority bank holiday bank notes Bank of England Bell's bill drawn bill of exchange bill or note bill payable blank claim Clydesdale Bank contract creditor debt debtor defendant delivered delivery discharged dishonoured by non-acceptance drafts drawer or indorser due course duly England entitled ex facie foreign bill give notice given granted granter held holder for value holder in due inland bill issue law merchant letter of credit maturity ment negotiated non-payment notice of dishonour obligation paid parole parties liable partner payable on demand payable to bearer payable to order payee person place of payment plaintiff presented for payment presentment for acceptance prior indorsers promissory note proved received recourse Scotland signature signed Stamp Act subsection sued summary diligence supra protest tion transfer true owner United Kingdom vide note