Journal of the Institute of Bankers, Volume 3Institute of Bankers., 1882 |
From inside the book
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Page 3
... hands 391 Directors ' qualifications 391 deposit of bonds with Treasury ; receipt of circulating notes from Comptroller 391 Restriction of note circulation 391 Characteristics and legal tender of notes 392 notes issued by bank since ...
... hands 391 Directors ' qualifications 391 deposit of bonds with Treasury ; receipt of circulating notes from Comptroller 391 Restriction of note circulation 391 Characteristics and legal tender of notes 392 notes issued by bank since ...
Page 6
... hands of Drawee 477 54 . liability of Acceptor 477 55 . liability of Drawer or Indorser 477 56 . stranger signing Bill liable as Indorser 478 57 . measure of damages against parties to dishonoured Bill 478 58 . Tranferor by delivery and ...
... hands of Drawee 477 54 . liability of Acceptor 477 55 . liability of Drawer or Indorser 477 56 . stranger signing Bill liable as Indorser 478 57 . measure of damages against parties to dishonoured Bill 478 58 . Tranferor by delivery and ...
Page 6
... hands of those who can afford to hold a reserve and wait for their oppor- tunity . It yields them no profit for the ... hand , it is not enough to say " the surplus is thrown out of our circulation , and need no longer concern us , " for ...
... hands of those who can afford to hold a reserve and wait for their oppor- tunity . It yields them no profit for the ... hand , it is not enough to say " the surplus is thrown out of our circulation , and need no longer concern us , " for ...
Page 9
... hand , where prosperity is widely diffused among the indus- trial classes , a largely increased aggregate of coined money may be held in circulation . But we must look the truth in the face , that any large excess in quantity can only ...
... hand , where prosperity is widely diffused among the indus- trial classes , a largely increased aggregate of coined money may be held in circulation . But we must look the truth in the face , that any large excess in quantity can only ...
Page 10
... hands of the owner which for the time being yields him no increase . It does not properly speaking convey a " right , " for a " right " vested in one person implies a corresponding duty in some other person or persons . This applies to ...
... hands of the owner which for the time being yields him no increase . It does not properly speaking convey a " right , " for a " right " vested in one person implies a corresponding duty in some other person or persons . This applies to ...
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Common terms and phrases
acceptance acceptor alteration amendments amount balance bank notes Bank of England Bank of Scotland Banking Company Batten bi-metallism bills of exchange branches bullion capital cash cent charge cheque circulation clause Clearing House Clydesdale Bank Committee contract Council currency debt deposits dishonoured drawee drawer drawn English gold and silver gold coin gold coinage Government half-sovereigns holder honour India indorser Institute of Bankers instrument interest Journal legal tender liability London Lord ment Messrs metal millesimal fineness millions sterling Monday monetary national bank note issue notice Office paid paper party payable payee payment penny person plaintiffs practice present promissory note protest question received regard reserve Saturday Sunday Scotch banks shillings Sir John Lubbock sovereigns standard Thursday Friday tion Total trade transactions Tuesday United United Kingdom Wednesday weight
Popular passages
Page 452 - 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 532 - A cancellation made unintentionally or under a mistake, or without the authority of the holder, is inoperative; but where an instrument or any signature thereon appears to have been cancelled, the burden of proof lies on the party who alleges that the cancellation was made unintentionally, or under a mistake or without authority.
Page 197 - Where the sum payable is expressed in words and also in figures and there is a discrepancy between the two, the sum denoted by the words is the sum payable ; but if the words are ambiguous or uncertain, reference may be had to the figures
Page 464 - Where a bill is addressed to two or more drawees who are not partners, presentment must be made to them all...
Page 337 - means the Act of the session of the eleventh and twelfth years of the reign of her present Majesty, chapter forty-three, intituled, " An Act to facilitate the performance of the duties of justices of the peace out of sessions within England and Wales with respect to summary convictions and orders," inclusive of any Acts amending the same.
Page 384 - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this title.
Page 457 - ... prior to its completion, it must be filled up strictly in accordance with the authority given and within a reasonable time. 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 authoritjgiven and within a reasonable time.
Page 473 - A bill of itself does not operate as an assignment of the funds in the hands of the drawee available for the payment thereof, and the drawee is not liable on the bill unless and until he accepts the same.
Page 460 - An instrument is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder thereof. If payable to bearer it is negotiated by delivery ; if payable to order it is negotiated by the indorsement of the holder completed by delivery.
Page 523 - Where the acceptor has been adjudged a bankrupt or an insolvent or has made an assignment for the benefit of creditors, before the bill matures, the holder may cause the bill to be protested for better security against the drawer and indorsers.