 When a bill payable to order on demand is drawn on a banker, and the banker on whom it is drawn pays the bill in good faith and in the ordinary course of business, it is not incumbent on the banker to show that the indorsement of the payee or any subsequent...  The Law Journal Reports - Page 2271897Full view - About this book
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 126 lehte
...bill in good faith and in the ordinary course of business, it is not incumbent on the banker to show that the indorsement of the payee or any subsequent...indorsement has been forged or made without authority. This section reproduces in substance the 16 and 17 Viet., c. 59, s. 19, but that enactment has not... | |
 | Great Britain - 1882 - 574 lehte
...incumbent on dorsemcirHs the banker to show that the indorsement of the payee or any sub- forged, sequent indorsement was made by or under the authority of...indorsement has been forged or made without authority. 61. When the acceptor of a bill is or becomes the holder of it at Acceptor the or after its maturity,... | |
 | India, Patrick Dunlop Shaw - 1882 - 362 lehte
...of the payee dorsement is or any subsequent indorsement was made by or under the autho- orge ' rity of the person whose indorsement it purports to be,...indorsement has been forged or made without authority, 61. When the acceptor of a bill is or becomes the holder of Acceptor the it at or after its maturity,... | |
 | Institute of Bankers (Great Britain) - 1882 - 726 lehte
...appanntly entitled to present the bill for payment, it shall not be incumbent on the banker to show that the indorsement of the payee or any subsequent...of the person whose indorsement it purports to be, etc. Now who is apparently entitled to present a bill for payment? If a man comes to the counter of... | |
 | W. D. Thorburn - 1882 - 316 lehte
...faith (c) and m the ordi- forged. nary course of business, it is not incumbent on the banker to show that the indorsement of the payee or any subsequent...under the authority of the person whose indorsement it pur8 60. ports to be, and the banker is deemed to have paid the bill in due course (d), although such... | |
 | 1882 - 1044 lehte
...a banker on whom it is drawn paying the same in good faith, and in the ordinary course of business, is deemed to have paid the bill in due course, " although such endorsement has been forged or made without authority." Plainly, a banker is liable if ho pays a bill... | |
 | Oscar Borchardt - 1883 - 392 lehte
...indorsement was made mem is by or under the authority of the person whose indorsement if purports to fw<ibe, and the banker is deemed to have paid the bill in...indorsement has been forged or made without authority. 61. When the acceptor of a bill is or becomes the holder of it at or Acc'p""the after its maturity,... | |
 | 1883 - 1322 lehte
...payee or any subsequent endorsement was made by or under the authority of the person whose endorsement it purports to be, and the banker is deemed to have paid the bill in due course, although such endorsement has been forged or made without authority," a complete answer to both your questions. —... | |
 | John Frederick Haynes - 1884 - 736 lehte
...bill in good faith and in the ordinary course of business, it is not incumbent on the banker to show that the indorsement of the payee or any subsequent...indorsement has been forged or made without authority. 61. When the acceptor of a bill is or becomes the holder of it at or after its maturity, in his own... | |
 | Lancelot Feilding Everest, Edmund Strode - 1884 - 600 lehte
...bill in good faith and in the ordinary course of business, it is not incumbent on the banker to show that the indorsement of the payee or any subsequent...indorsement has been forged, or made without authority (/). The protection afforded to bankers by the above section (and the one referred to in the note),... | |
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