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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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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - 1898 - 700 sider
...demand or at a fixed or determinable future time, a sum certain in money to order or to bearer. 146. A bill of itself does not operate as an assignment of...on the bill unless and until he accepts the same. 147. A bill may be addressed to two or more drawees jointly, whether they are partners or not ; but...
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Weekly Notes of Cases Argued and Determined in the Supreme Court ..., Volum 20

1888 - 626 sider
...C. had no notice and which was not presented until after the attachment : Held, that that check did not operate as an assignment of the funds in the hands of the bank, and that D. had no claim or lien upon the same. A debtor may claim the benefit of the 8300-exemption...
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A Synopsis of the Bills of Exchange Acts of England and Wales: And the ...

Great Britain - 1892 - 98 sider
...(6) before heading. [v.,<j.,wA64.] 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 on the instrument, Victoria.—Insert...
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Bills, Notes and Cheques: The Bills of Exchange Act, 1890, Canada, and the ...

John James MacLaren - 1892 - 628 sider
...declared in section 57. iiandlo? 53. A bill, of itself, does not operate as an drawee, 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. Imp. Act, s....
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Laws of Barbados

Barbados - 1893 - 462 sider
...Liabilities of parties. Funds in hands of 03. A bill of itself does, not operate as drawee. 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. Liability...
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The Theory and Practice of Banking, Volum 2

Henry Dunning Macleod - 1893 - 684 sider
...Funds in Hands of Drawee 160.* 1. A bill, of itself, does not operate as an assignment of funds iu the hands of the drawee available for the payment thereof, and the drawee of a bill who does not accept as required by tin's Act is not liable on the instrument. This sub-section...
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Ruling Cases, Volum 3

Robert Campbell - 1895 - 824 sider
...Exchange Act 1882, s. 53, as follows: " (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 subsection...
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A Treatise on the Law of Contracts

Joseph Chitty - 1896 - 906 sider
...Liabilities of Parties. S. 63. — (1) A bill, of itself, does not operate as an assignment Funds in of funds in the hands of the drawee available for the payment ( thereof (1), and the drawee of a bill who does not accept as required (t) When fraud is proved, the burden...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - 1897 - 426 sider
...or at a fixed or determinable future time a sum certain in money to order or to bearer. SEC. 127. A bill of itself does not operate as an assignment of...on the bill unless and until he accepts the same. SEC. 128. A bill may be addressed to two or more drawees jointly, whether they are partners or not;...
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Laws of the State of New York, Volum 2

New York (State) - 1897 - 996 sider
...certain in money to order or to bearer. § 211. 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. § 212. Bill addressed to more than one drawee. — A bill may be addressed to two or more drawees...
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