INDORSEMENT-continued.

restrictive indorsements, 180.

delivery essential to complete indorsement, 169, 172.
after blank indorsement, bill payable to bearer, 93, 171.

and as many may then suc jointly on the bill as can agree to
do so, 171.

indorsee may convert blank into special indorsement, 172, 176.
contract of an indorser, 175-177.

indorsement by a stranger, 177.

liability, how avoided, 40, 42, 45, 65, 170, 172, 175.

party transferring by delivery only, how far liable, 181.
when the bill is to be considered as sold, 182, 377.

conditional indorsement, 174.

what indorsement admits, 175, 176.

rights of indorsee, 178.

effect of re-indorsing a bill to a previous indorser, 177, 178, 194—
196.

distinction as to the right acquired by transferee where the bill is
or is not transferable by delivery, 186.

right of transferce to compel indorsement, 169, 178.

cannot sign his transferor's name, 178.

where indorser is a trustee, 179.

rights of transferce by delivery, 186.

negligence in transferee, 186.

transfer for part of the sum due on the instrument, 196.

consequence of indorsing before bill or note is made, 188.

may be either before or after acceptance, 189.

may be either on the face or back of the bill, 170.

on an allonge, 170.

misspelt indorsement, 171.

after refusal to accept, where indorsee knew of the dishonour, 189.
where indorsee did not know, 189.

effect of indorsing an overdue bill or cheque, 190.

protection to banker paying on forged, 27, 252, 346.

bill or note cannot be negotiated after payment at maturity by
acceptor or maker, 126, 194.

except notes re-issuable by the Stamp Act, 126, 194, note (x).
after payment by drawer, 194, 295.

presumption as to time of indorsement, 87, 171, 190.

former jurisdiction of equity in restraining negotiation, 203, 398

402.

striking out indorsements, 177, 195.

when it is doubtful whether bill were paid or transferred, 195.
after release, 197, 314.

after action brought, 197.

genuineness of, not admitted by acceptance, 39, 267.

foreign indorsement on English note, 383. And see Agent; Bank-
ruptcy; Blind Man; Corporation; Executor; Infant; Lunatic;
Married Woman; Partner.

INDULGENCE. See Principal and Surety.

INDUSTRIAL SOCIETY. See Provident Society.

INFANT,

cannot be attorney to conduct a suit, 37, note (c).
when he can make a valid contract, 65.

distinction between his contracts, void and voidable, 65.
acceptance for necessaries, 66.

INFANT-continued.

contracts made in the course of trade, 66.

ratification of contracts made by an infant must have been in

writing, 66.

promissory note for necessaries, 67, 406 note (i).

party to a note with an adult, 67.

blank acceptance, 67.

infant partner, 67.

what title infants, parties to a bill, can convey to other parties,

36, 68.

as against themselves, 68.

no liability ex delicto, 68.
may sue on a bill or note, 68.
cannot be sued on, 66, 67, 405.
payment to an infant, 68.
estoppel, 68.

Statute of Limitations, 359.

INTEREST,

its nature, 439.

when recoverable, 440.

how much, 440, 444.

where made payable by the instrument, and where not, 440.

on bill or note payable on demand, 441.

from what period it runs, 441.

as against an indorser, 441.

how bankers should charge it on cheques, 26, 442

to what period computed, 442.

when money paid into Court, 442.

when engagement to give a bill will create a liability to, 443.

INTEREST-continued.

in trover, 442.

after tender, 442.

proceeding for, after payment of principal, 365 443
effect under Stamp Act of reserving, 127.

when not recoverable, 443, 445, note (n), 453.

on foreign bill or note, 385, 440, 448.

proof for, in bankruptcy, 466, 467.

special indorsement on writ carries, 413.

surety entitled to, on contract of indemnity, 330, 443, 447

JOINT STOCK COMPANIES,

whether directors or members can bind company by bills, 81

notice of dishonour to a member, 237, note (z).

effect of registered deed or memorandum, 82.

JUDGMENT RECOVERED,

its effect, 311.

by default, after illegal consideration, 164.

JUDICATURE ACTS AND RULES, 400. See Action

K.

KNOWLEDGE,

means of, whether equivalent to, 142, 220, 241, 338, note (i)

L.

LACHES. See Presentment; Notice of Dishonour; Principal and
Surety; and Crown.

LADING, BILL OF,

in what sense assignable at common law, 3, note (k).
now assignable by statute, 3, note (k).

LANGUAGE,

in which a bill may be written, 85.

LAPSE OF TIME,

where a bar, independently of the Statute of Limitations, 302, 371.
See Statute of Limitations.

LARCENY OF BILL OR NOTE,

statutable felony, 203.

bill, how described in indictment, 345.

LAW,

payment under mistake of 305.

LAW MERCHANT,

need not be pleaded, 3, note (k).

parol, release by, 265, 266.

preserved when not inconsistent with Code, 308.

LEGACY,

when it will amount to payment, 299.

when a bill or note might have operated to bequeath, 4,

LIMITATIONS, STATUTE OF-continued.

as to the former exception of merchants' accounts, 352.
effect of statute on subsequent indorsee, 354.
when it begins to run, 355.

on a bill payable after date, 355.

on bill to be delivered on a contingency, 355.
payable by instalments, 355.

against an administrator, 355.
on a bill after sight, 356.

on a bank note, 356, note (d).

on a bill at sight or on demand, 356.
after demand, 357.

in case of fraud, 357.

in case of accommodation bill, 357.

where there has been both non-acceptance and non-payment, 357.
up to what period of the suit, time of limitation computed, 358.
death of parties after action, 360.

how issuing a writ may obviate statute, 358.

the saving clause, 359.

infants, married women, lunatics, prisoners, and parties abroad

evidence of, 369.

signature of party chargeable, 369.

effect of verbal admission, 369.

statute retrospective, 369.

entries on the bill, 369.

plea and replication of the statute, 370.

presumption of payment, 371.

lapse of time, independent of statute, when a bar, 302, 371.

LIQUIDATION,

effect of discharge under, 325.

LIQUIDATORS, 83.