The Practice of Banking; Embracing the Cases at Law and in Equity Bearing Upon All Branches of the Subject Volume 1
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The Practice of Banking; Embracing the Cases at Law and in Equity Bearing Upon All Branches of the Subject Volume 1

The Practice of Banking; Embracing the Cases at Law and in Equity Bearing Upon All Branches of the Subject Volume 1


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1881 edition. Excerpt: ... And payment of the instrument should not be made before it has become due. If it be it is at the peril of the person paying. In Burbridge v. Manners, 3 Camp., 194, it was held that, if payment be made before the bill is due, and in the interval it gets into the hands of an onerous indorsee, he may recover, there having been no marks of payment made on the bill. In this case the bill had been paid by a person other than the acceptor four days before it was due. An acceptor, however, wishing to take up the bill some time before maturity, under deduction of interest, is at liberty to do so (and is safe when the payee's or indorsee's right on the bill is absolute), but the holder in such a case is not bound to consent. When, from the following circumstances, a more than ordinary alteration has occurred in the situation of the parties to a bill or note it should be particularly observed: That in the case of a holder dying, payment should not be made to his personal representative unless the latter has a power of administering to the effects. And the party making payment should satisfy himself by examining the probate of the will, or the letters of administration. Payment to a person acting as executor under the probate p of a will is good although the will should prove to be Dj, Qf forged. The probate, as a judicial act of the Court, being Holder. a sufficient warrant for payment. Allen v. Dundas, 3 T. R., 125. That in the case of a holder's bankruptcy becoming known, payment to such bankrupt holder would be ineffectual. But all bona fide payments to or by any bankrupt, and all contracts, etc., with the bankrupt before the date of the order of the adjudication without notice of an available act of bankruptcy are, under the Bankruptcy Act of 1869, ...


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Product Details
  • ISBN-13: 9781236480927
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 186
  • Spine Width: 10 mm
  • Width: 189 mm
  • ISBN-10: 1236480929
  • Publisher Date: 01 Jun 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 340 gr


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The Practice of Banking; Embracing the Cases at Law and in Equity Bearing Upon All Branches of the Subject Volume 1
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