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" Notice of dishonor is not required to be given to an indorser in either of the following cases : 1. Where the drawee is a fictitious person or a person not having capacity to contract, and the indorser was aware of the fact at the time he indorsed the... "
Bills, Notes and Cheques: The Bills of Exchange Act, 1890, Canada, and the ... - Σελίδα 56
των John James MacLaren - 1892 - 568 σελίδες
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A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1878 - 366 σελίδες
...Explanation 3. — If the drawer and drawee be the same person, or if the drawee be a fictitious person, the holder may treat the instrument, at his option, either as a Bill of Exchange or as a Note.1 ILLUSTRATIONS. 1. A. & Co. carry on business in London and Liverpool. The London house draw...

Report of the ... Annual Meeting of the American Bar ..., Τόμος 10,Μέρος 1887

American Bar Association - 1887 - 460 σελίδες
...the order of, the drawer ; or it may be drawn payable to, or to the order of, the drawee. (2) Where in a bill drawer and drawee are the same person, or...drawee is a fictitious person or a person not having the capacity to contract, the holder may treat the instrument, at his option, either as a bill of exchange...

Journal of the Institute of Bankers, Τόμος 12

Institute of Bankers (Great Britain) - 1891 - 840 σελίδες
...Section 5, subsection 2, says that when drawer and drawee are the same person, or the drawee fictitious, or a person not having capacity to contract, the holder may treat the instrument as a bill or a promissory note, surely that means a holder for value. Suppose A draws on a fictitious...

A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1881 - 418 σελίδες
...3.—If the drawer and drawee be the same person, or firm, or if the drawee be a fictitious person, the holder may treat the instrument, at his option,...either as a Bill of Exchange or as a Promissory Note.* ILLUSTRATIONS. 1. A. <fe Co. carry on business in London and Liverpool. The London house draw a bill...

Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

W. D. Thorburn - 1882 - 316 σελίδες
...same person. Qr to ^ ^^ Qf, ^ ^^ ^ (2.) Where in a bill drawer and drawee are the same person (b), or where the drawee is a fictitious person or a person not having capacity to contract (c), the holder (d) may treat the instrument at his option, either as a bill of exchange or as a promissory...

Journal of the Institute of Bankers, Τόμος 3

Institute of Bankers (Great Britain) - 1882 - 726 σελίδες
...regards the drawer in the following cases, namely, (1) where drawer and drawee are the same person, (2) where the drawee is a fictitious person or a person not having capacity to contract, (3) where the drawer is the person to whom the bill is presented for payment, (-1) where the drawee...

The Negotiable Instruments Act (Act XXVI of 1881): Being an Act to Define ...

India, Patrick Dunlop Shaw - 1882 - 362 σελίδες
...drawer has countermanded payment : (d.) As regards the indorser in the following cases, namely, (1) where the drawee is a fictitious person or a person not having capacity to contract and the indorser was aware of the fact at the time he indorsed the bill, (2) where the indorser is...

Statutes at Large ...

Great Britain - 1882 - 574 σελίδες
...drawer has countermanded payment : (c?.) As regards the indorser in the following cases, namely, (1) where the drawee is a fictitious person or a person not having capacity to contract and the indorser was aware of the fact at the time he indorsed the bill, (2) where the indorser is...

The Bills of Exchange Act, 1882 (45 & 46 Vict., C. 61): An Act to Codify the ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 126 σελίδες
...regards the drawer in the following cases, namely, (i) where drawer and drawee are the same person, (2) where the drawee is a fictitious person or a person not having capacity to contract, (3) where the drawer is the person to whom the bill is presented for payment, (4) where the drawee...

Sammlung der seit dem Jahre 1871 in Aegypten, Belgien, Dänemark ...

Oscar Borchardt - 1883 - 392 σελίδες
...where the drawer has countermanded payment: As regards the indorser in the following cases, namely, (1) where the drawee is a fictitious person or a person not having capacity to contract and the indorser was aware of the fact at the time he .indorsed the bill, (2) where the indorser is...




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