 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
 | Eric R. Watson - Checks - 1904 - 180 pages
...it is drawn shall refuse payment thereof (a). (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. Smith v. Union Bank of London, 45 LJQB 149, must not be now read as authority for the proposition that... | |
 | A. M. Hamilton - Bills of exchange - 1904 - 354 pages
...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...it is crossed, or his agent for collection being a banker,a he is liable to the true owner of the cheque 1 Capital and Counties Bank v. Gordon ; London... | |
 | Louis Arthur Goodeve - Personal property - 1904 - 548 pages
...authorized by the Act, be added to or altered.3 A banker on whom a cheque is drawn who pays it, if crossed generally, otherwise than to a banker, or,...otherwise than to the banker to whom it is crossed, is liable to the true owner of the cheque for any loss he may sustain owing to the cheque having been... | |
 | Joseph Chitty - Contracts - 1904 - 940 pages
...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 being a banker, the banker paying the cheque, and, if the cheque has come into the hands of the payee, the drawer,... | |
 | Transvaal (Colony) - Law - 1904 - 552 pages
...without negligence pays it if crossed generally where cheque is to a banker and if crossed specially to the banker to whom it is crossed or his agent for collection being a banker, the hanker paying the cheque, and if the cheque has come into the hands of the payee the drawer, shall... | |
 | Manfred Nathan - Corporation law - 1905 - 462 pages
...good faith and without negligence pays it if crossed generally to a hanker, and if crossed specially 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, shall... | |
 | Sir Frank Tillyard - Banking law - 1906 - 412 pages
...collection. Where the banker on whom a cheque is drawn, which is crossed more than once, wrongfully pays it, he is liable to the true owner of the cheque for any...may sustain owing to the cheque having been so paid (sec. 79). The banker is liable to the true owner of a cheque in case of loss if he pays a cheque crossed... | |
 | Canada - Law - 1907 - 1110 pages
...refuse payment thereof. 53 V., c. 33, s. 78. 172. Where the bank on which a cheque so crossed is 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 Delatre Falconbridge - Banking law - 1907 - 736 pages
...drawer. By holder. Varying. Words may added. By bank for collection. Changing crossing. Uncrossing. bank is liable to the true owner of the cheque for any loss he sustains by the payment of the cheque in three cases: (1) if the drawee bank pays a cheque crossed... | |
 | Henry William Disney - Commercial law - 1908 - 240 pages
...may only pay the banker named. If he pay in a manner inconsistent with this duty, he is responsible to the true owner of the cheque for any loss he may sustain owing to the cheque having been so paid. But if a crossing is obliterated, or wrongfully altered in such a manner that the change is not apparent,... | |
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