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A Practical Summary of the Law and Usage of Bills of Exchange and Promissory ...
Benjamin Franklin Foster
No preview available - 2018
11 June 12 April 24 April 24 July 25 April 26 Sept 28 June 28 Sept 30 July 30 June 30 Sept 3d March 9 Aug 9 Dec 9 Feb 9 Jan 9 July 9 June 9 Mar 9 Nov 9 Oct acceptances dated acceptor Ainſ amount ānv April 28 April 30 April 77 AUGUST aunſ bags bales bill or note Bills drawn Bills of Exchange bills payable boxes casks cent days of grace DEC'R DEC’R dishonor draft drawn or accepted equated fall due FEBR’y fixed by law foreign bills holder I.Mom I.Mon idos JANUARY JMarch 3d JMom July 56 July 75 July 9 June 25 June 30 June 42 June 56 June 63 June 77 June 9 Kinſ Notes or acceptances Nov’R number of days OCT'R ounſ parties payment promissory note purchase SEPT'R
Page 19 - Where a drawee to whom a bill is delivered for acceptance destroys the same, or refuses within twenty-four hours after such delivery, or within such other period as the holder may allow, to return the bill accepted or nonaccepted to the holder, he will be deemed to have accepted the same.
Page 23 - In other words, the party receiving an over-due bill cannot acquire a claim which the party holding the bill did not possess. For instance, one party may draw an accommodation bill upon another.
Page 12 - Sixty days after sight of this first of exchange (second and third unpaid), pay to the order of ourselves £1,600 sterling value received, and charge the same to account of as advised. "Dana Land and Lumber Company. "To Messrs. Geo. Shadbolt & Son, London.
Page 124 - Multiply each payment by the time before it becomes due, and divide the sum of the products by the sum of the payments : the quotient will be the mean time.
Page 26 - The consequence of not duly presenting a bill or note is that all the antecedent parties are discharged from their liability, whether on the instrument or on the consideration for which it was given. The acceptor or maker, however, still continues liable.
Page 117 - On articles on which the rate is fixed by .weight, it is understood to be on the gross weight, and on Liquors, Oil, &c. on which the rate refers to gallons, it is understood to be on the whole capacity of the casks, whether full or not. — The proprietor of Goods to be at the expense of putting them in store, stowing away, and turning out of store. — All goods taken on storage, to be subject to one month's storage; if taken out within 15 days...
Page 15 - It is assignable to a third person not named in the bill, or party to the contract, so as to vest in the assignee a right of action in his own name; contrary to the general rule of law, that choses in action are not so assignable.
Page 21 - ... without such knowledge at the time, no subsequently acquired knowledge of the misconduct of the partner in giving such security can disaffirm the act.