A Synopsis of the Bills of Exchange Acts of England and Wales: And the Colonies of Victoria, New South Wales, South Australia, Queensland, Western Australia, Tasmania and New ZealandMcCarren, Bird, 1892 - 80 pages |
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Page 8
... valid as between the parties thereto , but is not negotiable . ( 2. ) A negotiable bill may be payable either to order or to bearer . ( 3. ) A bill is payable to bearer which is expressed to be so payable , or on which the only or last ...
... valid as between the parties thereto , but is not negotiable . ( 2. ) A negotiable bill may be payable either to order or to bearer . ( 3. ) A bill is payable to bearer which is expressed to be so payable , or on which the only or last ...
Page 15
... valid . and effectual for all purposes in his hands , and he may enforce it as if it had been filled up within a reasonable time and strictly in accordance with the authority given . [ V. , Q. , W.A. 22. ] 21. ( 1. ) Every contract on a ...
... valid . and effectual for all purposes in his hands , and he may enforce it as if it had been filled up within a reasonable time and strictly in accordance with the authority given . [ V. , Q. , W.A. 22. ] 21. ( 1. ) Every contract on a ...
Page 17
... validity of the instrument shall be adopted . The Consideration for a Bill . Victoria . - Insert ( 3 ) before heading . 27. ( 1. ) Valuable consideration for a bill may be con- Value and holder stituted by- ( a ) Any consideration ...
... validity of the instrument shall be adopted . The Consideration for a Bill . Victoria . - Insert ( 3 ) before heading . 27. ( 1. ) Valuable consideration for a bill may be con- Value and holder stituted by- ( a ) Any consideration ...
Page 19
... appear in small type . The existence of variations is indicated by the use of brackets [ ] . Different numberings of sections are stated in the margin , C 2 Requisites of a valid indorse . ment . gives the THE BILLS OF EXCHANGE ACT . 19.
... appear in small type . The existence of variations is indicated by the use of brackets [ ] . Different numberings of sections are stated in the margin , C 2 Requisites of a valid indorse . ment . gives the THE BILLS OF EXCHANGE ACT . 19.
Page 20
... valid indorse . ment . gives the transferee such title as the transferor had in the bill , and the transferee in addition acquires the right to have the indorsement of the transferor . ( 5. ) Where any person is under obligation to ...
... valid indorse . ment . gives the transferee such title as the transferor had in the bill , and the transferee in addition acquires the right to have the indorsement of the transferor . ( 5. ) Where any person is under obligation to ...
Other editions - View all
A Synopsis of the Bills of Exchange Acts of England and Wales: And the ... Great Britain No preview available - 2015 |
A Synopsis of the Bills of Exchange Acts of England and Wales: And the ... Great Britain No preview available - 2013 |
Common terms and phrases
acceptor for honour Acts amending appear in small Australia.-For authorised Bank Holidays Act bankrupt bill is dishonoured bill is drawn bill is due bill payable Bills of Exchange cheque is crossed colony Companies Act Companies Act 1862 court crossed specially day of grace deemed delivery dishonoured by non-acceptance drawee or acceptor drawer or indorser due and payable due course Exchange Act existence of variations give notice holder in due individual or firm Inland Bills instrument large type ment notice of dishonour original English party liable payable on demand payee payment of Inland person place of payment presented for payment Promissory Notes Provided qualified acceptance Queensland Queensland.-For words read Division read insolvency relating to bills signature small type South Australia South Wales sub-section substitute the following suprà protest Tasmania thereof variations is indicated Variations N.B. Variations N.B.-The text Variations therefrom appear Vict Victoria Victoria.-Insert Western Australia writ Zealand
Popular passages
Page 5 - Perhaps the best definition of a bill of exchange yet conceived is that in the English Bills of Exchange Act, of 1882, which says: "A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand, or at a fixed or determinable future time, a sum certain in money to, or to the order of a specified person, or to bearer.
Page 18 - That at the time it was negotiated to him he had no notice of any infirmity in the instrument or defect in the title of the person negotiating it.
Page 28 - Delay in Giving Notice — How Excused Delay in giving notice of dishonor is excused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct, or negligence.
Page 15 - But if any such instrument, after completion, is negotiated to a holder in due course, it is valid and effectual for all purposes in his hands, and he may enforce it as if it had been filled up strictly in accordance with the authority given and within a reasonable time.
Page 17 - Where the instrument contains or a person adds to his signature words indicating that he signs for or on behalf of a principal, or in a representative capacity, he is not liable on the instrument if he was duly authorized; but the mere addition of words describing him as an agent, or as filling a representative character, without disclosing his principal, does not exempt him from personal liability.
Page 18 - The title of a person who negotiates an instrument is defective within the meaning of this act when he obtained the instrument, or any signature thereto, by fraud, duress or force and fear or other unlawful means, or for an illegal consideration or when he negotiates it in breach of faith, or under such circumstances as amount to a fraud.
Page 19 - In the hands of any holder other than a holder in due course, a negotiable instrument is subject to the same defenses as if it were non-negotiable. But a holder who derives his title through a holder in due course, and who is not himself a party to any fraud or illegality affecting the instrument, has all the rights of such former holder in respect of all parties prior to the latter.
Page 26 - A bill is dishonored by non-acceptance: 1. When it is duly presented for acceptance, and such an acceptance as is prescribed by this act is refused or cannot be obtained; or 2. When presentment for acceptance is excused, and the bill is not
Page 15 - ... the delivery may be shown to have been conditional or for a special purpose only and not for the purpose of transferring the property in the instrument.
Page 19 - A bill is negotiated when it is transferred from one person to another in such a manner as to constitute the transferee the holder of the bill.