The Negotiable instruments law annotated; with references to the English Bills of Exchange Act and with the cases under the Negotiable Instruments Law ... Bills of Exchange Act and comments thereon
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Book Details
Author(s)James Barr Ames
PublisherRareBooksClub.com
ISBN / ASIN1236048113
ISBN-139781236048110
AvailabilityUsually ships in 24 hours
Sales Rank99,999,999
MarketplaceUnited States 🇺🇸
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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. 1911 Excerpt: ...otherwise provided, the provisions of this act applicable to a bill of exchange payable on demand apply to a check. B. & 0. Ry. Co. v. First Nat. Bank, 102 Va. 753, 47 S. E. 837, S. C. sec. 189; Schlesinger v. Kurzrok, 47 Misc. Rep. 634, 94 N. Y. Supp. 442, S. C. sec. 187; State Bank v. Weiss, 46 N. Y. Misc. 93, 91 N. Y. Supp. 276, S. C. sec. 137; Van Buskirk v. State Bank, 35 Col. 142, 83 Pac. 778, 117 Am. St. Rep. 182, S. C. sec. 189; Mfg. Co. v. Summers, 143 N. C. 102, 55 S. E. 522, S. C. sees. 53, 59; Unaka Nat. Bank v. Butler, 113 Tenn. 574, 83 S. W. 655, S. C. sees. 9-5, 56; Columbian Banking Co. v. Bowen, 134 Wis. 218, 114 N. W. 451, S. C. sees. 71, 72-2; Wisner v. First Nat. Bank, 220 Pa. 21, 68 Atl. 955, 17 L. R. A. (N. S.) 1266, S. C. sees. 132, 137. An instrument not drawn on a bank is not a check, although it may be so styled on its face. Amsinck v. Rogers, 103 App. Div. 428, 93 N. Y. Supp. 87, affirmed 189 N. Y. 252, 82 N. E. 134, 12 L. R. A. (N. S.) 875,12 Am. St. Rep. 858, S. C. sec. 152. An order on a bank to pay "provided the receipt form at foot hereof is duly signed, stamped, and dated," is not an unconditional order to pay and is therefore not a check. Bavins v. London & S. W. Bank, 1900 1 Q. B. 270. But a check which bore at the foot the words "The receipt at the back hereof must be signed, which signature will be taken as an indorsement of the check," and on the back of which was a receipt form, is negotiable, since the order to pay is unconditional, the words at the foot not being addressed to the bankers and not affecting the order to them. Nathan v. Ogdens, 21 T. L. R., 775 (semble). The provision that a check is a bill of exchange is declaratory. M'Lean v. Clydesdale Banking Co., 9 App. Cas. 95. A deposi...