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" 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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Statutes at Large ...

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...
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Sammlung der seit dem Jahre 1871 in Aegypten, Belgien, Dänemark ...

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....
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The Pacific Reporter, Volum 133

1913 - 1236 sider
...such an order Is limited by the provisions of sections 3517 and 3522, Rem. & Bal. Code, as follows: "A bill of itself does not operate as an assignment of the funds in the hands of the diawee available for the payment thereof, and the drawee Is not liable on the bill unless and until...
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Acts of the Parliament of South Australia

South Australia - 1884 - 330 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. 54. The acceptor...
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A Handy Book on the Law of Bills, Cheques, Notes and IOU's

James Walter Smith - 1884 - 164 sider
...ly delivery and transferee. 1. S. 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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The Student's Statutes: Being the Principal Provisions of Some of ..., Volum 424

John Frederick Haynes - 1884 - 736 sider
...acceptor. Liabilities of Parties. 53. — (1.) A bill, of itself, does not operate as an assigment 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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A Treatise on the Law of Mortgage, Volum 1

Richard Holmes Coote - 1884 - 868 sider
...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,...
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Roscoe's Digest of the Law of Evidence on the Trial of Actions ..., Volumer 1-2

Henry Roscoe - 1884 - 834 sider
...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."...
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The Theory and Practice of Banking, Volum 2

Henry Dunning Macleod - 1886 - 722 sider
...the bill Funds in Hands of Drawee 160.* 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 snb-section...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 sider
...certain in money to order or to bearer. § 127. BILL NOT AN ASSIGNMENT OF FUNDS IN HANDS OF DRAWEE.— A bill of itself does not operate as an assignment of...on the bill unless and until he accepts the same. §128. BILL ADDRESSED TO MORE THAN ONE DRAWEE. — A bill may be addressed to two or more drawees jointly,...
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