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Bøker Bok 110 av 165A bill of itself does not operate as an assignment of the funds in the hands of the...
" 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. "
The Negotiable Instruments Law: From the Draft Prepared for the ... - Side 115
av John Jay Crawford - 1902 - 173 sider
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Reports of Cases Argued and Determined in the Supreme Court of Alabama, Volum 27

Alabama. Supreme Court - 1856
...1536) 399 5. Drome, before acceptance, liable to aarnishmtnt. — A bill of exchange, until accepted, does not operate as an assignment of the funds in the hands of the drawee, which may therefore be attached by process of garnishment. (Expressly overruling Connoley v. Cheesborougb,...
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International Commercial Law: Being the Principles of Mercantile Law of the ...

1863
...the acceptance the authority should be refused, inasmuch as the drawing does not operate ° acce!' ' as an assignment of the funds in the hands of the drawee (d). Where the drawee is found to be an infant, or a married woman, Infancy of drawee a just the holder...
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A Treatise of the Law of Bills of Exchange, Promissory Notes, Bank-notes and ...

John Barnard Byles - 1874 - 783 sider
...Gibson, 5 Duer, 574 ; Buttei worth v. Peck, 5 Bosworth, 841. A bill of exchange does not, until accepted, operate as an assignment of the funds in the hands of the drawee. Sands v. Matthews, 27 Alabama, 309; К ¡in hull v. Donald, 20 Missouri, 577; Enfler v. Rice, Ibid....
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Report of the ... Annual Meeting of the American Bar Association, Volum 10

American Bar Association - 1887
...it. LIABILITIES OF PARTIES. SEC. 53. (1) That a bill, of itself, does not operate as an assignment of funds in the hands of the drawee available for the payment thereof, and the drawee of a bill who does not accept as required by this act is not liable on the instrument, unless it expressly...
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The American Reports: Containing All Decisions of General Interest ..., Volum 35

Isaac Grant Thompson - 1881
...exchange." In Semd» v. Matthews, 27 Ala. 399, it was held that a bill of exchange, until accepted, does not operate as an assignment of the funds in the hands of the drawee. See Edw. on Bills, 172; Byles on Bills, 67, 96 and 191, and notes; 1 Pars, on Notes and Bills, 42,...
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The Bills of Exchange Act, 1882 ...: An Act to Codify the Law Relating to ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 88 sider
...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 for the payment thereof, and the drawee of a bill who does not accept as required by this Act is not liable as the instrument. This subsection...
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The Negotiable Instruments Act (Act XXVI of 1881): Being an Act to Define ...

India, Patrick Dunlop Shaw - 1882 - 314 sider
...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 for the payment thereof, and the drawee of a bill who does not accept as required by this Act is not liable on the instrument. This sub-section...
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Journal of the Institute of Bankers, Volum 3

Institute of Bankers (Great Britain) - 1882
...PARTIES. Funds in Hands of Drawee. 53. — (!•) A bill, of itself, does not operate as au assignment of funds in the hands of the drawee available for the payment thereof, and the drawee of a bill who does not accept as required by this Act is not liable on the instrument. This sub-section...
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Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

W. D. Thorburn - 1882 - 283 sider
...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 for the payment thereof, and the drawee of a bill who does not accept as required by this Act is not liable on the instrument (a). This subsection...
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The Journal of Jurisprudence, Volum 26

Hugh Barclay, I. S. H. Laidlaw - 1882
...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...
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