 A bill of itself does not operate as an assignment of the funds in the hands of the drawee available for the payment thereof, and the drawee is not liable on the bill unless and until he accepts the same.  Journal of the Institute of Bankers - Side 473av Institute of Bankers (Great Britain) - 1882Uten tilgangsbegrensning - Om denne boken
 | W. D. Thorburn - 1882 - 316 sider
...payment. Liabilities of Parties. Funds in hands 53. (1.) A bill, of itself, does not operate as an assignment of funds in the hands of the drawee available...required by this Act is not liable on the instrument (a). This subsection shall not extend to Scotland. (2.) In Scotland, where the drawee of a bill has... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 126 sider
...party paying it. Liabilities of Parties. hands of 53.— (i.) A bill, of itself, does not operate as an assignment of funds in the hands of the drawee available...does not accept as required by this Act is not liable as the instrument. This subsection shall not extend to Scotland. (2.) In Scotland where the drawee... | |
 | 1882 - 688 sider
...56, sub-section 4, another rule of English law, that a bill shall not operate as an assignment of any funds in the hands of the drawee available for the payment thereof, and that the drawee who does not accept shall not be liable to any effect on the instrument. By the law... | |
 | Great Britain - 1882 - 574 sider
...Liabilities of Parties. 53. — (!•) A bill, of itself, does not operate as an assignment of Funds in bauds funds in the hands of the drawee available for the payment thereof, of draweeiind the drawee of a bill who does not accept as required by this Act is not liable on the... | |
 | Oscar Borchardt - 1883 - 392 sider
...Liabilities of Parties. 53. — (1.) A bill, of itself, does not operate as an assignment of Funds ™ funds in the hands of the drawee available for the payment thereof, and the hd""afeeof drawee of a bill who does not accept as required by this Act is not liable on the instrument.... | |
 | South Australia - 1884 - 330 sider
...to the party paying it. Liabilities of Parties. 53. (1.) A bill, of itself, does not operate as an assignment of funds in the hands of the drawee available...required by this Act is not liable on the instrument. 54. The acceptor of a bill, by accepting it — (1.) Engages that he will pay it according to the tenor... | |
 | Richard Holmes Coote - 1884 - 868 sider
...In the latter case there is no appropriation or lien (x). A bill of exchange does not operate as an assignment of funds in the hands of the drawee, available for the payment thereof (a). (q) Gilbert v. Guignon, 8 Ch. 16, 21. («) Gurney v. Behrend, 3 E. & B. 629, (r) Shepherd v. Harrison,... | |
 | Henry Roscoe - 1884 - 834 sider
..." gets a valid discharge, for the bill." Sect. 53. " (1.) A bill, of itself, does not operate as an assignment of funds in the hands of the drawee available for the payment thereof, ami the drawee of a bill who does not accept as required by this Act is not liable on the instrument."... | |
 | 1913 - 1236 sider
...under secticn 3517, providing that such a bill does not of .itself operate as an assignment of the funds In the hands -of the drawee available for the payment thereof, and that the drawee is not liable thereon unless and until he accepts it, and section 3522, providing that... | |
 | Aviet Agabeg, William Frederick Barry - 1884 - 286 sider
...dishonoured, Russell v. Hankey, 6 Term, 12. See also Vernon v. Bouverie, 2 Show. 303. LIABILITIES OF PARTIES. does not accept as required by this Act is not liable on s. 53. the instrument (6). This sub-section shall not extend to Funds in hand Scotland. of drawee.... | |
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