 When a bill payable to order on demand is drawn on a banker, and the banker on whom it is drawn pays the bill in good faith and in the ordinary course of business, it is not incumbent on the banker to show that the indorsement of the payee or any subsequent...  The Law Relating to Cheques - Page 79by Eric Russell Watson - 1902 - 142 pagesFull view - About this book
 | John Barnard Byles - Bills of exchange - 1891 - 674 pages
...payee or any subsequent indorsement was made by or under is forged, the authority of the person whoso indorsement it purports to be, and the banker is deemed to have paid the bill in due course, although such indorsement has been forged or made without authority. 61. Wben the... | |
 | Great Britain - Bills of exchange - 1892 - 94 pages
...demand is Ba drawn on a banker, and the banker on whom it is drawn pays the bill in good faith and in the ordinary course of business, it is not incumbent...purports to be, and the banker is deemed to have paid the bill in due course, although such indorsement has been forged or made without authority. New South... | |
 | Great Britain - Bills of exchange - 1892 - 98 pages
...and the banker on whom it is drawn whT~ pays the bill in good faith and in the ordinary course of S business, it is not incumbent on the banker to show...purports to be, and the banker is deemed to have paid the bill in due course, although such indorsement has been forged or made without authority. New South... | |
 | Melville Madison Bigelow - Negotiable instruments - 1893 - 360 pages
...demand is drawn on a banker, and the banker on whom it is drawn pays the bill in good faith and in the ordinary course of business, it is not incumbent...purports to be, and the banker is deemed to have paid the bill in due course, although such indorsement has been forged or made without authority. 61. When the... | |
 | Barbados - Session laws - 1893 - 462 pages
...draf t whereon banker on whom it is drawn pays the bill ind«raera«nt is forged in ffood iaith and in the ordinary course of business it is not incumbent...purports to be, and the banker is deemed to have paid the bill in due course although such indorsement has 'been forged or made without authority. Acceptor the... | |
 | Joshua Williams, Thomas Cyprian Williams - Conveyancing - 1894 - 720 pages
...Protec"ondemand is drawn on a banker, and the banker on whom it is drawn pays the bill in good faith and in the ordinary course of business, it is not incumbent...purports to be, and the banker is deemed to have paid the bill in due course, although such indorsement has been forged or made without authority (n). Payment... | |
 | Robert Campbell - Annotations and citations (Law) - 1895 - 824 pages
...demand is drawn on a banker, and the banker on whom it is drawn pays the bill in good faith and in the ordinary course of business, it is not incumbent...purports to be, and the banker is deemed to have paid the bill in due course although such indorsement has been forged or made without authority." This does... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1895 - 782 pages
...Payment must bt- in good fuith :iiiil in ordinary course. Banking usape all important :it this point. " payee or any subsequent indorsement was made by or...to be, and " the banker is deemed to have paid the bill in due course, although " such indorsement has been forged or made without authority." This exception... | |
 | Thomas Beven - Negligence - 1895 - 980 pages
...demand is drawn on a banker, and the banker on whom it is drawn pays the bill in good faith and in the ordinary course of business, it is not incumbent on the banker to show that the indorsements are genuine ; and he is protected if the indorsements are forged.4 Robarts v. Tncker remains... | |
 | Joseph Chitty - Contracts - 1896 - 906 pages
...demand is drawn on a banker, and the banker on whom it is drawn pays the bill in good faith and in the ordinary course of business, it is not incumbent...purports to be, and the banker is deemed to have paid the bill in due course, although such indorsement has been forged or made without authority (m). S. 61.... | |
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