Journal of the Institute of Bankers, Volume 1Institute of Bankers., 1880 |
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Common terms and phrases
accommodation bills amount Bank of England Bank of France Bank of London bank-notes banker Banking Company Barclay bi-metallic bills of exchange Bishopsgate capital cent Charles cheque circulation clause coinage coins commercial Council County Banking Court Coutts & Co creditors crossed cheque currency debtor debts deed deposit discount endorsement English firm foreign George gold goldsmiths Henry holder insolvent Institute interest issue John Joint Stock Bank liability Limited Lombard Street London and County London and South London and Westminster Lothbury Manchester meeting Messrs milreis National Provincial Bank negotiable notes opinion paid paper Parliament partner partnership payable payment person plaintiffs practice present question received reference regard savings bank Scotland Seyd silver Smith South Western Bank Threadneedle Street tion trade trustee trustee savings banks Union Bank Westminster Bank William
Popular passages
Page 339 - Where a banker in good faith and without negligence receives payment for a customer of a cheque crossed generally or specially to himself, and the customer has no title, or a defective title, thereto, the banker shall not incur any liability to the true owner of the cheque by reason only of having received such payment.
Page 326 - Where a person takes a crossed cheque which bears on it the words " not negotiable," he shall not have and shall not be capable of giving a better title to the cheque than that which the person from whom he took it had.
Page 345 - Act, the banker paying the cheque in good faith and without negligence shall not be responsible or incur any liability, nor shall the payment be questioned by reason of the cheque having been crossed, or of the crossing having been obliterated, or having been added to or altered otherwise than as...
Page 515 - A copy of an entry in a banker's book shall not be received in evidence under this Act unless it be first proved that the book was at the time of the making of the entry one of the ordinary books of the bank, and that the entry was made in the usual and ordinary course of business, and that the book is in the custody or control of the bank. Such proof may be given by a partner or officer of the bank, and may be given orally or by an affidavit sworn before any commissioner or person authorised to...
Page 673 - Islands" mean any part of the United Kingdom of Great Britain and Ireland, the Islands of Man, Guernsey, Jersey, Alderney, and Sark, and the islands adjacent to any of them being part of the dominions of Her Majesty.
Page 123 - ... will; but the will, with such alteration as part thereof, shall be deemed to be duly executed if the signature of the testator and the subscription of the witnesses be made in the margin or on some other part of the will...
Page 413 - Commission is the expediency of encouraging the formation of partnerships en commandite, as they exist on the continent of Europe, and in the United States of America...
Page 361 - ... could not have had at the time when any of his debts were contracted any reasonable or probable ground of expectation of being able to pay the same...
Page 225 - A bill of exchange in its origin was an instrument by which a trade debt, due in one place, was transferred in another. It merely avoided the necessity of transmitting cash from place to place. This theory the French Law steadily keeps in view. In England bills have developed into a perfectly flexible paper currency. In France a bill represents a trade transaction...
Page 48 - England; and the whole amount of Bank of England Notes then in circulation, including those delivered to the Banking Department of the Bank of England as aforesaid, shall be deemed to be issued on the Credit of such Securities, Coin, and Bullion so appropriated and set apart to the said Issue Department...