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" 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... "
Journal of the Institute of Bankers - Σελίδα 160
των Institute of Bankers (Great Britain) - 1895
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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
...ordinary course of business, it is not incumbent on the banker to show that the indorsement of the payee or any subsequent indorsement was made by or...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 been...

Statutes at Large ...

Great Britain - 1882 - 574 σελίδες
...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,...

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

India, Patrick Dunlop Shaw - 1882 - 362 σελίδες
...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,...

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

W. D. Thorburn - 1882 - 316 σελίδες
...forged. nary course of business, it is not incumbent on the banker to show that the indorsement of the payee or any subsequent indorsement was made by or...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...

The Bankers' Magazine, and Journal of the Money Market, Τόμος 42

1882 - 1044 σελίδες
...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...

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

Oscar Borchardt - 1883 - 392 σελίδες
...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,...

The Bankers' Magazine, and Journal of the Money Market, Τόμος 43

1883 - 1322 σελίδες
...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. —...

Roscoe's Digest of the Law of Evidence on the Trial of Actions at ..., Τόμοι 1-2

Henry Roscoe - 1884 - 834 σελίδες
...ordinary course of business, it is not incumbent on the banker to show that the indorsement of the payee, or any subsequent indorsement, was made by,...indorsement has been forged or made without authority." This section is somewhat wider in its terms than the stat. 16 & 17 Viet, c. 59, в. 19, which, however,...

Acts of the Parliament of South Australia

South Australia - 1884 - 330 σελίδες
...course of business, it is not incumbent on PAKT "• the banker to show that the indorsement of the payee or any subsequent indorsement was made by or...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 holder r . .__ . . fit...

The Law of Estoppel

Lancelot Feilding Everest, Edmund Strode - 1884 - 600 σελίδες
...ordinary course of business, it is not incumbent on the banker to show that the indorsement of the payee or any subsequent indorsement was made by or...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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