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" 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. "
The Bankers' Magazine, and Journal of the Money Market - Page 561
1879
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The Bankers' Magazine, and Journal of the Money Market, Volume 36

1876 - 1102 pages
...shall make some further observation, provides that — " 'A person taking a cheque crossed specially shall not have, and shall not be capable of giving a better title to the cheque than the person from whom he took it had. But a banker to whom a cheque is crossed specially, and who has...
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Perry & co's monthly illustrated price current, Volume 9

Perry and co, ltd - 1876 - 1022 pages
...name the cheque is or was crossed (as the case may be). A person taking a cheque crossed specially shall not have and shall not be capable of giving a better title to this cheque than the person from whom he took it had. But a banker to whom a cheque is crossed specially,...
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A dictionary, practical, theoretical, and historical ..., Volume 2; Volume 52

John Ramsay M'Culloch - 1875 - 218 pages
...cheque is or was crossed, or to his agent for collection being a banker (as the case may be). Sec. 12. A person taking a cheque crossed generally or specially,...title to the cheque than that which the person from whom he took it had. But a banker who hns in good faith and without .negligence received payment for...
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The Journal of Jurisprudence, Volume 20

1876 - 672 pages
...be liable, and the first paragraph of the 12th clause, intended to accomplish that purpose, runs: 'A person taking a cheque, crossed generally or specially,...title to the cheque than that which the person from whom he took it had.' The Attorney-General explained that these words 'not negotiable' precluded a...
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The Public General Statutes

Great Britain - 1876 - 592 pages
...specially, crossecTspe- bearing in either case the words " not negotiable," shall not have cialiy. and shall not be capable of giving a better title to the cheque than that which the person from whom he took it had. But a banker who has in good faith and without negligence received payment for...
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The Elements of Banking

Henry Dunning Macleod - 1877 - 350 pages
...the cheque is or was crossed, or to his agent for collection being a banker (as the case may be). A person taking a cheque crossed generally or specially,...title to the cheque than that which the person from whom he took it had. But a banker who has in good faith and without negligence received payment for...
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The English manual of banking

Arthur Crump (political economist.) - 1877 - 416 pages
...cheque is or was crossed, or to his agent for collection being a banker (as the case may be). 12. A person taking a cheque crossed generally or specially,...title to the cheque than that which the person from whom he took it had. But a banker who has in good faith and without negligence received payment for...
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A Practical Treatise on the Law of Bankers; Cheques, Letters of Credit, and ...

George John Shaw - 1878 - 202 pages
...cheque is or was crossed, or to his agent for collection, being a banker (as the case may be). 12. A person taking a cheque crossed generally or specially,...title to the cheque than that 'which the person from whom he took it had. But a banker who has in good faith and without negligence received payment for...
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A Handy Book of the Law of Bills, Cheques, Notes, and IOU's: Containing New ...

James Walter Smith - 1879 - 128 pages
...cheque is or was crossed, or to his agent for collection being a banker (as the case may be). 12. A person taking a cheque crossed generally or specially,...bearing in either case the words "not negotiable," ". not have and shall not be capable of giving a better title to the cheque than that which the person...
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Journal of the Institute of Bankers, Volume 1

Institute of Bankers (Great Britain) - 1880 - 908 pages
...— viz., a cheque marked "not negotiable," and by the 1 2th section enacts as follows : — ' ' A person taking a cheque crossed generally or specially, bearing in either case the words ' not negotiable,1 shall not have, and shall not be capable of giving, a better title to the cheque than...
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