Banking and Negotiable Instruments: A Manual of Practical LawA. & C. Black, 1906 - 386 pages |
From inside the book
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Page 9
... authorised the grant of a special Charter to the proposed Bank of England in 1694. William III . was at that date in need of cash , and was only too glad to promote the establishment of the bank in return for a loan of £ 1,200,000 ...
... authorised the grant of a special Charter to the proposed Bank of England in 1694. William III . was at that date in need of cash , and was only too glad to promote the establishment of the bank in return for a loan of £ 1,200,000 ...
Page 18
... authorised issue without depositing a cor- responding amount of gold coin or bullion in the Issue Department . This is usually spoken of as " Suspension of the Bank Act . " It was done in each case , not by fresh legislation , but by ...
... authorised issue without depositing a cor- responding amount of gold coin or bullion in the Issue Department . This is usually spoken of as " Suspension of the Bank Act . " It was done in each case , not by fresh legislation , but by ...
Page 20
... authorised by the terms of their trust . Secondly , the Bank acts as the distributor of the dividends on the National Debt . Under the provisions of the National Debt Act , 1870 , the money which is pro- vided out of the Consolidated ...
... authorised by the terms of their trust . Secondly , the Bank acts as the distributor of the dividends on the National Debt . Under the provisions of the National Debt Act , 1870 , the money which is pro- vided out of the Consolidated ...
Page 24
... authorised by a special Act of the Scotch Parliament . It did not at first receive deposits , but issued its notes against its capital . In 1704 , and again in 1715 , it was obliged to suspend the payment of its notes in specie , but it ...
... authorised by a special Act of the Scotch Parliament . It did not at first receive deposits , but issued its notes against its capital . In 1704 , and again in 1715 , it was obliged to suspend the payment of its notes in specie , but it ...
Page 26
... authorised circulation " of the notes of a bank , is its average issue for the twelve months preceding the passing ... authorised circulation , " which need not be covered by coin , and the other columns show the actual circulation , and ...
... authorised circulation " of the notes of a bank , is its average issue for the twelve months preceding the passing ... authorised circulation , " which need not be covered by coin , and the other columns show the actual circulation , and ...
Other editions - View all
Banking and Negotiable Instruments: A Maunal of Practical Law Frank Tillyard, Sir No preview available - 2016 |
Common terms and phrases
acceptance acceptance supra protest acceptor advances aforesaid agent amount assigns authorised authority balance bank notes Bank of England banker Banking Company bill of exchange bill of lading Bill or Bills blank transfer branch bank bullion certificates charge cheque circulation Companies Act Companies Act 1862 contract Court creditor customer's debentures debt debtor deposit documents drafts drawee drawer drawn enacted England notes entitled equitable estopped Exchange Act 1882 executors firm given governor and company held hereby honour indorsement interest invoice issue department issue notes JONES letter of credit liable lien limited London Lord manager memorandum ment mortgage negotiable instruments owner paid partners partnership party payable to bearer payee payment person plaintiffs pounds present principal promissory note protest provisions purchaser receipt received registered shares signature surety thereof trust United Kingdom warrant
Popular passages
Page 231 - 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 255 - A cheque is a Bill of Exchange drawn on a banker payable on demand. Promissory Note. — A Promissory Note is an unconditional promise in writing made by one person to another, signed by the maker, engaging to pay on demand or at a fixed or determinable future time, a sum...
Page 282 - ... agent acting for him, of the goods or documents of title, under any sale, pledge or other disposition thereof...
Page 156 - The rule of law is clear that where one by his words or conduct wilfully causes another to believe in the existence of a certain state of things, and induces him to act on that belief, so as to alter his own previous position, the former is concluded from averring against the latter a different state of things as existing at the same time.
Page 236 - procuration" operates as notice that the agent has but a limited authority to sign, and the principal is bound only in case the agent in so signing acted within the actual limits of his authority Sec.
Page 235 - But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him, is conclusively presumed.
Page 244 - 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 60 - Provided that, where a bill has been materially altered, but the alteration is not apparent, and the bill is in the hands of a holder in due course, such holder may avail himself of the bill as if it had not been altered, and may enforce payment of it according to its original tenor.
Page 159 - A bill payable on demand is deemed to be overdue within the meaning and for the purposes of this section, when it appears on the face of it to have been in circulation for an unreasonable length of time. What is an unreasonable length of time for this purpose is a question of fact.
Page 253 - Where a bill has been paid for honor, all parties subsequent to the party for whose honor it is paid are discharged, but the payer for honor is subrogated for, and succeeds to, both the rights and duties of the holder as regards the party for whose honor he pays and all parties liable to the latter.