 Where a banker in good faith and without negligence receives payment for a customer of a cheque crossed generally or specially to himself, and the customer has no title, or a defective title, thereto, the banker shall not incur any liability to the true...  The Law Relating to Cheques - Page 51by Eric Russell Watson - 1902 - 142 pagesFull view - About this book
 | James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...cheque than that which the person from whom he took it had. 82. Protection to collecting banker.—Where a banker in good faith and without negligence receives...banker shall not incur any liability to the true owner of the cheque by reason only of having received buch payment. PART IV. Promissory Notes. 83. Promissory... | |
 | George Lisle - Accounting - 1903 - 560 pages
...the Bills of Exchange Act (which reproduces section 12 of the Crossed Cheque Act, 1876) says : " When a banker in good faith and without negligence receives...banker shall not incur any liability to the true owner of the cheque by reason only of having received such payment." The protection afforded to bankers by... | |
 | International Correspondence Schools - Banks and banking - 1903 - 646 pages
...the cheque than that which the person from whom he took it had." Protection to Collecting Hanker.— Where a banker in good faith and without negligence...generally or specially to himself, and the customer has no ••Ibid., Sec. 78. »»Ibid., Sec. 80. "Ibid., Sec. 79. »» Ibid., Sec. 81. title or a defective... | |
 | Thomas Moffitt Stevens, Herbert Jacobs - Commercial law - 1903 - 536 pages
...protected in dealing with crossed cheques by s. 82 of the Bills of Exchange Act, 1882, (p), which enacts that " where a banker in good faith and without negligence receives payment for a customer (q) of a cheque crossed generally or specially to himself, and the customer has no title or a defective... | |
 | Richard Bithell - 1903 - 344 pages
...person from whom he took it had." "But a banker who has in good faith and without negligence received payment for a customer of a cheque crossed generally or specially to himself shall not, in case the title proves defective, incur any liability to the true owner of the cheque... | |
 | Québec (Province). - Bills of exchange - 1903 - 964 pages
...without negligence, receives for a customer payment of a cheque crossed generally or specially to itself, and the customer has no title, or a defective title thereto, the bank shall not incur any liability to the true owner of the cheque by reason only of having received... | |
 | Joseph Chitty - Contracts - 1904 - 940 pages
...of giving a better title to the cheque than that which the person from whom ha took it had. S. 82. Where a banker in good faith and without negligence...banker shall not incur any liability to the true owner of the cheque by reason only of having received such payment (y). Promissory note defined. SECT. 4.... | |
 | Henry Warren - Banks and banking - 1904 - 432 pages
...banker) against forged indorsements. Section 82, which runs as under, refers to the collecting banker : ' Where a banker in good faith and without negligence...banker shall not incur any liability to the true owner of the cheque by reason only of having received such payment.' At a first glance, especially if one... | |
 | Transvaal (Colony) - Law - 1904 - 552 pages
...it had. Protection to col- 80. Where a banker in good faith and without negligence lecting banker. receives payment for a customer of a cheque crossed...banker shall not incur any liability to the true owner of the cheque by reason only of having received such payment. Section* 74 to 80 81. Sections seventy-four... | |
 | A. M. Hamilton - Bills of exchange - 1904 - 354 pages
...82. Where a banker in good faith a and without S. 82. negligence receives payment for a customer of cheque crossed generally or specially to himself,...banker shall not incur any liability to the true owner of the cheque by reason only of having received such payment. b a See s. 90. b This section provides... | |
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