| Banks and banking - 1879 - 1110 pages
...Section ] 2 of the Act ran thus : — " Any person taking a cheque crossed generally or specially, bearing in either case the words ' not negotiable...title to the cheque than that which the person from which he took it had. But » banker, who has in good faith and without negligence received payment... | |
| Banks and banking - 1876 - 1102 pages
...shall make some further observation, provides that — " 'A person taking a cheque crossed specially shall not have, and shall not be capable of giving a better title to the cheque than the person from whom he took it had. But a banker to whom a cheque is crossed specially, and who has... | |
| Law - 1938 - 862 pages
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| Perry and co, ltd - 1876 - 1022 pages
...name the cheque is or was crossed (as the case may be). A person taking a cheque crossed specially shall not have and shall not be capable of giving a better title to this cheque than the person from whom he took it had. But a banker to whom a cheque is crossed specially,... | |
| Law - 1876 - 672 pages
...intended to accomplish that purpose, runs: 'A person taking a cheque, crossed generally or specially, bearing in either case the words 'not negotiable,'...than that which the person from whom he took it had.' The Attorney-General explained that these words 'not negotiable' precluded a thief from having or giving... | |
| Arthur Crump (political economist.) - 1877 - 416 pages
...negotiable, the effect of which, as explained by the twelfth clause, is that a person taking such a cheque shall not have and shall not be capable of giving...than that which the person from whom he took it had " was inserted as a supposed bar to the negotiation of a stolen cheque, but will probably become a... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1878 - 366 pages
...also the words " not holder and negotiable " does not acquire and cannot give a better collection, title to the cheque than that which the person from whom he took it had.2 Exception.— A banker who has in good faith and without negligence received payment for a customer... | |
| Law - 1879 - 624 pages
...plaintiffs demurred. This section provides that " Any person taking a cheque crossed generally or specially, bearing in either case the words ' not negotiable,'...title to the cheque than that which the person from which lie took it had." So far the section is merely declaratory of the law as it stood before ; but... | |
| National cyclopaedia - 1879 - 624 pages
...crosses it ' not negotiable.' If he does that any person taking it ' shall not have, nor be able to give, a better title to the cheque than that which the person from whom he took it had.' Thus suppose A draws upon his banker B a specially crossed cheque not marked ' not negotiable. This... | |
| Institute of Bankers (Great Britain) - Banks and banking - 1880 - 908 pages
...of holder of Cheque crosted specially. 12. A person taking a cheque crossed generally or specially, bearing in either case the words " not negotiable/' shall not have and shall not bo capable of giving a better title to the cheque than that which the person from whom he took it had.... | |
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