 | Frederick Pollock - 1888 - 968 pages
...protected by the Bills of Exchange Act, 1882 (45 & 46 Yict. c. 61), в. 7, sub-s. 3, which enacts that " where the payee is a fictitious or non-existing person, the bill may be treated as payable to bearer; " (2) that thejplaintiffs had by their conduct disentitled themselves from insisting on treating the... | |
 | American Bar Association - 1887 - 460 pages
...or more payees jointly, or it may be made payable in the alternative to one of two or one or some or several payees. A bill may also be made payable to...person the bill may be treated as payable to bearer. SEC. 8. (1) That when a bill contains words prohibiting transfer, or indicating an intention that it... | |
 | Institute of Bankers (Great Britain) - 1891 - 840 pages
...Act, is of more permanent interest to lawyers. By section 7 (3) of that statute, it is enacted that " where the payee is a fictitious or non-existing person, the bill may be treated as payable to bearer." The main controversy turned on the construction to be placed on this provision. It was obvious that... | |
 | 1921 - 2116 pages
...English Bills of Ex(273 F.) change Act (Act of 1882, § 7, subd. 3), where this language was used: "Where the payee is a fictitious or nonexisting person, the bill may be treated as payable to bearer." It was contended in England: "The word 'fictitious' must in each case be interpreted with duo regard... | |
 | United States. Congress. House - 1881 - 1254 pages
...or more persons jointly, or it may be made payable, in the alternative, to one of several, or it may be made payable to the holder of an office for the time being. When a bill contiiins words prohibiting transfer, it is valid, as between the parties, but not negotiable.... | |
 | India, Patrick Dunlop Shaw - 1882 - 362 pages
...payee. (2.) A bill may be made payable to two or more payees jointly, or it may be made payable in the alternative to one of two, or one or some of several...contains words prohibiting transfer, or What bills are indicating an intention that it should not be transferable, it is negotiable. valid as between... | |
 | Great Britain - 1882 - 574 pages
...to (2.) A bill may be made payable to two or more payees jointly, or it may be made payable in the alternative to one of two, or one or some of several...payable to the holder of an office for the time being. What bills are negotiable. Sum payable. 1Jill payable on demand. Bill payable at i future time. Omission... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 126 pages
...certainty. (2.) A bill may be made payable to two or more payees jointly, or it may be made payable in the alternative to one of two, or one or some of several...payable to the holder of an office for the time being. This section alters the law in so far as it allows a bill to be made payable to one of two persons... | |
 | W. D. Thorburn - 1882 - 316 pages
...(b), or it may be made payable in the alternative to one or two, or one or some of several payees (c). A bill may also be made payable to the holder of an office for the time being (cZ). (3.) Where the payee is a fictitious or non-existing 55 7. person the bill may be treated as... | |
 | Institute of Bankers (Great Britain) - 1882 - 726 pages
...be made payable to two or more payees jointly, or it may be made payable in the alternative to ouoof two, or one or some of several payees. A bill may also be made payable to tho holder of an office for the time being." This section is an innovation as respects the legality... | |
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A bill may be made payable to two or more payees jointly, or it may be made payable in the alternative to one of two, or one or some of several payees. A bill may also be made payable to the holder of an office for the time being. (3). Where the payee... 
