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" A bank-note is constantly and universally, both at home and abroad, treated as money, as cash, and paid and received as cash; and it is necessary, for the purposes of commerce, that their currency should be established and secured. "
Reports of Cases Argued and Adjudged in the Court of King's Bench: During ... - Σελίδα 459
των Great Britain. Court of King's Bench, James Burrow - 1812
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Digest of the Laws of Virginia: Which are of a Permanent Character ..., Τόμος 1

Joseph Tate - 1841 - 992 σελίδες
...Harvey, (j N. & M. 372. These instruments are universally treated as money by the consent of mankind, and it is necessary for the purposes of commerce that their currency should be established and secured ; and the reason, why they, and money are not recoverable, is, that they have passed into currency....

Leading Cases in the Commercial Law of England and Scotland: Bills of ...

George Ross - 1853 - 932 σελίδες
...universally, both at home and abroad, treated as money, as cash ; and paid and received as cash ; and it is necessary for the purposes of commerce, that...their currency should be established and secured." None of these observations apply to exchequer bills, which, like stock, rise and fall in value. In...

A Selection of Leading Cases on Mercantile and Maritime Law: With Notes

Owen Davies Tudor - 1860 - 934 σελίδες
...themselves were, or any other current coin that was used in common payment as money or cash. . . And it was necessary for the purposes of commerce, that their currency should be established and secured." So likewise ithaslong been settled that drafts on bankers, bills of exchange, or promissory notes,...

Massachusetts Reports: Cases Argued and Determined in the Supreme ..., Τόμος 65

Massachusetts. Supreme Judicial Court - 1864 - 672 σελίδες
...universally, both at home and abroad, treated as money, as cash, and paid and received as such ; and it is necessary, for the purposes of commerce, that...their currency should be established and secured." All this is as true of bank-notes in Massachusetts as in England. They are passed from hand to hand,...

The Punjab Civil Code (part I) and Selected Acts: With a Commentary

Punjab (India) - 1869 - 838 σελίδες
...constantly and universally both at home aud abroad treated as cash, and. paid and received as cash, and it is necessary for the purposes of commerce that their currency should be established and secured. It was there accordingly held, that a bond fide stolen notet. • holder of a bank note for value is...

A Treatise on the Law of Promissory Notes and Bills of Exchange, Τόμος 2

Theophilus Parsons - 1873 - 884 σελίδες
...universally, both at home and abroad, treated as money, as cash, and paid and received as cash ; and it is necessary for the purposes of commerce that their currency should be tflablishat and secured" The words of Lord Mansfield are quoted and approved in the case of US Bank...

The Principles of Economical Philosophy, Τόμος 1

Henry Dunning Macleod - 1875 - 546 σελίδες
...A bank note is constantly and universally, both at home and abroad, treated as money, as cash ; and it is necessary for the purposes of commerce, that their CURRENCY should be established and maintained. So in Clarke v. Sliee (Cowp., 200), Lord Mansfield said— " Where notes or money are paid...

Journal of the Institute of Bankers, Τόμος 18

Institute of Bankers (Great Britain) - 1897 - 688 σελίδες
...by universal usage part of the currency of the country ; and since, as Lord Mansfield said, " it was necessary, for '• the purposes of commerce, that...their currency should be established "and secured," it followed that they must be declared negotiable instruments. It is important to note that Lord Mansfield...

A Selection of Cases on the Law of Bills and Notes and Other ..., Τόμος 1

James Barr Ames - 1881 - 932 σελίδες
...that their currency should be established and secured. There was a case in the Court of Chancery,2 on some of Mr. Child's notes, payable to the person...The notes had been lost or destroyed many years. Mr. ChiJd was ready to pay them to the widow and administratrix of the person to whom they were made payable,...

A Treatise on the Law of Negotiable Instruments: Including Bills of ..., Τόμος 2

John Warwick Daniel - 1886 - 990 σελίδες
...that the plaintiff could recover it, because such notes were universally treated as cash, and it was necessary for the purposes of commerce that their currency should be established and secured. These views are now universally entertained. It may be observed also, that while the finder of a bank...




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