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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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A Treatise on the Law of Commercial Paper: Containing a Full ..., Volum 3

Joseph Fitz Randolph - 1899 - 1068 sider
...PARTIES. Funds in hands of drawee. 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 Law of Bills, Notes, and Cheques

Melville Madison Bigelow - 1900 - 396 sider
...or at a fixed or* determinable future time a sum certain in money to order or to bearer. § 134. A bill of itself does not operate as an assignment of...on the bill unless and until he accepts the same. § 135. A bill may be addressed to two or more drawees jointly, whether they are partners or not; but...
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General Laws of New York: Containing All Amendments to the Close of ..., Volum 3

New York (State) - 1900 - 862 sider
...(As amended by chap. 3360/1898, § 25.) §211. Bill not an assignment of funds in hands of drawee.- A bill of itself does not operate as an assignment of...hands of the drawee available for the payment thereof ar.d the drawee is not liable on the bill unless and until he accepts the same. § 2 1 2. Bill addressed...
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Keister's Wall Street Business Manual: A Hand Book for Everybody

David Armel Keister - 1900 - 166 sider
...money, at a certain time. The note must be specific as to all the parties, and must be delivered. 16. A bill of itself does not operate as an assignment of the funds in the hands of the drawee. The drawee is not liable until he accepts the bill. 17. If the drawer and drawee of a bill are the...
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The New York Supplement, Volum 64

1900 - 1256 sider
...and the action had been brought by him, different questions would be presented. The check itself did not operate as an assignment of the funds in the hands of the defendant (Neg. Inst. Law, 1897, c. 612, § 211), and if the latter had not certified the check...
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Journal of the Canadian Bankers' Association, Volum 7

Canadian Bankers' Association - 1900 - 460 sider
...and the action had been brought by him, different questions would be presented. The cheque itself did not operate as an assignment of the funds in the hands of the defendant, and if the latter had not certified the cheque no liability whatever would have attached...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volum 31

New York (State). Courts - 1900 - 940 sider
...and the action had been brought by him, different questions would be presented. The check itself did not operate as an assignment of the funds in the hands of the defendant (Neg. Inst. Law, 1897, chap. 612, § 211), and if the latter had not certified the check...
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Supplement to the Revised Statutes of the United States ..., Volum 2,Del 2

United States - 1901 - 934 sider
...bearer. Not an assign- .8вс. 1431. Nor AN ASSIGNMENT OF FUNDS. — A bill of itself does ment of funds. not operate as an assignment of the funds in the hands...on the bill unless and until he accepts the same. Bills addressed SEC. 1432. To WHOM ADDRESSED. — A bill may be addressed to two to more than one or...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1901 - 1022 sider
...money to order or to bearer. Section 127. A bill of itself does not operate as an assignment of thu funds in the hands of the drawee available for the...on the bill unless and until he accepts the same. Section 128. A bill may be addressed to two or more drawees jointly, whether they are partners or not,...
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Report of the Commissioners for Consolidating and Arranging the ..., Deler 1-74

Massachusetts. Commissioners for Consolidating and Arranging the Public Statutes - 1901 - 692 sider
...J 155 Mass. 874. 1 SECTION 144. A bill of itself does not operate as an assignment ,'^|"ety ot 2 of the funds in the hands of the drawee available for the payment i«*, SB, jm. 3 thereof and the drawee is not liable on the bill unless and until he mMas's. sss. 4...
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