The Theory and Practice of Banking, Volume 2Longmans, Green, Reader, & Dyer, 1886 - 4 pages |
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Page 127
... payment of 20s . , or above that sum and less than £ 5 , or on which such sum should be unpaid , should forfeit the ... bearer on demand , were to be made payable at the Bank , or place where they were issued ; and as many more places ...
... payment of 20s . , or above that sum and less than £ 5 , or on which such sum should be unpaid , should forfeit the ... bearer on demand , were to be made payable at the Bank , or place where they were issued ; and as many more places ...
Page 129
... payable to bearer on demand , for less than £ 5 , or upon which less than £ 5 remained unpaid , which should have been made or issued , or purport to have been made or issued , in Scotland or Ireland , or elsewhere out of England ...
... payable to bearer on demand , for less than £ 5 , or upon which less than £ 5 remained unpaid , which should have been made or issued , or purport to have been made or issued , in Scotland or Ireland , or elsewhere out of England ...
Page 133
... payable to bearer on demand to their customers in return for deposits , was considered so essentially the fundamental idea of banking , that to prohibit the giving of these notes was deemed an effectual bar upon carrying on the business ...
... payable to bearer on demand to their customers in return for deposits , was considered so essentially the fundamental idea of banking , that to prohibit the giving of these notes was deemed an effectual bar upon carrying on the business ...
Page 150
... payable to bearer on demand . In using the words paper currency , I mean only such promissory notes . I do not include in these terms bills of exchange , or drafts on bankers , or other forms of paper credit . There is a natural ...
... payable to bearer on demand . In using the words paper currency , I mean only such promissory notes . I do not include in these terms bills of exchange , or drafts on bankers , or other forms of paper credit . There is a natural ...
Page 151
... payable to bearer on demand . There had been no interference with other forms of paper credit , nor was it contended then , as it is now contended by some , that promissory notes are identical in their nature with bills of exchange ...
... payable to bearer on demand . There had been no interference with other forms of paper credit , nor was it contended then , as it is now contended by some , that promissory notes are identical in their nature with bills of exchange ...
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Common terms and phrases
advances amount assignat authorised Bank Act Bank notes Bank of England Bank of France Bank of Ireland Bank of Scotland Bank paper banker bearer on demand Bill of Lading bills of exchange Bullion Committee Bullion Report capital cash payments caused cent Charter cheque circulating medium coin commercial Commons Company consequence contract country banks crisis debt deposits depreciation difference directors doctrine drain effect enormous excessive issue Exchequer bills export favour Foreign Exchanges France gold bullion Government guineas House increase indorsement issue notes issue of paper joint stock banks liabilities London Lord Lord Overstone Market price mercantile merchants monopoly obliged opinion paid panic paper currency Parliament payable to bearer persons price of bullion price of gold principle promissory notes quantity rate of discount restriction Scotch banks securities shew silver Sir Robert Peel specie speculation stopped payment theory Western Bank
Popular passages
Page 484 - 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 496 - Partial, that is to say, an acceptance to pay part only of the amount for which the bill is drawn ; 3.
Page 490 - 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 474 - 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 owner of the cheque by reason only of having received such payment.
Page 342 - ... any body politic or corporate whatsoever created or to be created, or for any other persons whatsoever united or to be united in covenants or partnership exceeding the number of six persons in that part of Great Britain called England, to borrow, owe, or take up any sum or sums of money on their bills or notes payable on demand or at any less time than six months from the borrowing thereof...
Page 484 - 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 531 - Interest thereon from the time of presentment for payment if the bill is payable on demand, and from the maturity of the bill in any other case : (c.) The expenses of noting, or, when protest is necessary, and the protest has been extended, the expenses of protest.
Page 524 - Notice of dishonor may be waived, either before the time of giving notice has arrived, or after the omission to give due notice, and the waiver may be express or implied.
Page 523 - Where the instrument has been dishonored in the hands of an agent, he may either himself give notice to the parties liable thereon, or he may give notice to his principal. If he give notice to his principal, he must do so within the same time as if he were the holder, and the principal upon the receipt of such notice has himself the same time for giving notice as if the agent had been an independent holder.
Page 433 - Act had not passed), to pass and transfer the legal right to such debt or chose in action from the date of such notice, and all legal and other remedies for the same, and the power to give a good discharge for the same, without the concurrence of the assignor...