Where the banker, on whom a crossed cheque is drawn, in good faith and without negligence pays it, if crossed generally, to a banker, and if crossed specially, to the banker to whom it is crossed, or his agent for collection... Statutes at Large ... - Page 388by Great Britain - 1882Full view - About this book
| John Augustus Barron - Bills of exchange - 1890 - 152 pages
...refuse payment thereof : tora?mpro- ^- Where the bank on which a cheque so crossed is merntai" di'awn, nevertheless pays the same, or pays a cheque crossed generally otherwise than to a bank, or, if crossed specially, otherwise than to the bank to which it is crossed, or to the bank acting... | |
| Thomas Hodgins - Banking law - 1890 - 336 pages
...thereof : 1 improper ' Liability for 2. Where the bank on which a cheque so crossed is payment. drawn, nevertheless pays the same, or pays a cheque crossed generally otherwise than to a bank, or, if crossed specially, otherwise than to the bank to which it is crossed, or to the bank acting... | |
| John Barnard Byles - Bills of exchange - 1891 - 674 pages
...is drawn shall refuse payment cheques. thereof. (2) Where the banker on whom a cheque is drawn which is so crossed nevertheless pays the same, or pays...liable to the true owner of the cheque for any loss ho may sustain owing to the cheque having been so paid. Provided that where a cheque is presented for... | |
| Thomas Brett - English law - 1891 - 660 pages
...collection, being a banker, the banker on whom it is drawn must refuse payment thereof. If a banker pays a cheque crossed generally otherwise than to...if crossed specially otherwise than to the banker named thereon, ho is liable to the true owner of the cheque for any loss he may sustain owing to the... | |
| Henry Roscoe, Maurice Powell - Evidence (Law) - 1891 - 924 pages
...faith and without negligence pays it, if crossed generally, to a banker, and if crossed special!}-, to the banker to whom it is crossed", or his agent for collection being a banker, the banker paying the cheque, and, if the cheque has come into the hands of the payee, the drawer,... | |
| Great Britain - Bills of exchange - 1892 - 94 pages
...read [bank] [bank] [bank] [which] respectively. (2.) Where the banker on whom a cheque is drawn which is so crossed nevertheless pays the same, or pays...crossed, or his agent for collection being a banker, NB— The text, in large, type, is that of the original (English) Act. Variations therefrom appear... | |
| Institute of Bankers (Great Britain) - Banking law - 1892 - 266 pages
...the banker to whom the same shall be crossed, or his agent for " collection, being a banker, shall be liable to the true owner of the " cheque for any loss...sustain owing to the cheque having been " so paid." A cheque drawn on a country banker, specially crossed to a London banker, is presented for payment... | |
| Great Britain - Bills of exchange - 1892 - 98 pages
...negligence [pays it. if Saww whwe crossed generally, to a banker, and if crossed specially, to crossed. 18 the banker to whom it is crossed, or his agent for collection being a banker, the banker] paying the cheque, and, if the cheque has come into the hands of the payee, the drawer,... | |
| John James MacLaren - Bills of exchange - 1892 - 646 pages
...otherwise than to the bank ~ to which it is crossed, or to the bank acting as its agent for collection, it is liable to the true owner of the cheque for any loss he sustains owing to the cheque having been so paid : proviso. Provided, that where a cheque is presented... | |
| Henry Dunning Macleod - Banks and banking - 1893 - 684 pages
...on whom it is drawn shall refuse payment thereof 2. Where the banker on whom a cheque is drawn which is so crossed nevertheless pays the same, or pays...may sustain owing to the cheque having been so paid banker payin«r the cheque in good faith and without negligence •hall not be responsible or incur... | |
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