The Practice of Banking: Embracing the Cases at Law and in Equity Bearing Upon All Branches of the Subject, Volume 1 |
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The Practice of Banking: Embracing the Cases at Law and in Equity Bearing ... John Hutchison No preview available - 2015 |
Common terms and phrases
acceptance acceptor action agent allowed alteration amount appear application authority balance Bank banker bankruptcy become bill of exchange bill or note cheque circumstances claim common consideration considered contract course Court creditor crossed custom debt debtor defendant demand discharge dishonour draw drawer drawn effect England entitled Equity evidence expressed firm foreign give given hands held holder honour indorsement instance instrument interest issued judge letter liable limited London Lord manager months months after date necessary negotiable non-payment notice obligation observed original paid partnership party passed payable payee payment person plaintiff practice presentment principal promissory note proof protest prove question reason receipt received reference refused regard respect rule says sight signature signed stamp statute sufficient taken transfer trustee unless
Popular passages
Page 40 - The advance of money by way of loan to a person engaged or about to engage in any business on a contract with that person that the lender shall receive a rate of interest varying with the profits...
Page 41 - In the event of any such trader as aforesaid being adjudged a bankrupt, or taking the benefit of any Act for the relief of Insolvent Debtors, or entering into an arrangement to pay his creditors less than 20s.
Page 177 - By that act it is declared that "after the 1st of August, 1821, if any person shall accept a bill of exchange payable at the house of a banker or other place, without further expression in his acceptance, such acceptance shall be deemed and taken to be, to all intents and purposes, a general acceptance of such bill. But if the acceptor shall, in his acceptance, express, that he accepts the bill payable at a banker's house or other place...
Page 64 - For the purpose of voting, a secured creditor shall, unless he surrenders his security, state in his proof the particulars of his security, the date when it was given, and the value at which he assesses it, and shall be entitled to vote only in respect of the balance (if any) due to him, after deducting the value of his security.
Page 32 - ... or property so acquired by her through the exercise of any literary, artistic, or scientific skill, and all investments of such wages, earnings, money, or property, shall be deemed and taken to be property held and settled to her separate use, independent of any husband to whom she may be married, and her receipts alone shall be a good discharge for such wages, earnings, money, and property.
Page 397 - ... rules of Courts of Equity are not, like the rules of the Common Law, supposed to have been established from time immemorial. It is perfectly well known that they have been established from time to time — altered, improved, and refined from time to time. In many cases we know the names of the Chancellors who invented them. No doubt they were invented for the purpose of securing the better administration of justice, but still they were invented.
Page 194 - But I apprehend that it can never be proper to resort to any usage or custom to control or vary the positive stipulations in a written contract, and a fortiori not in order to contradict them. An express contract of the parties is always admissible to supersede or vary or control a usage or custom, for the latter may always be waived at the will of the parties.
Page 17 - ... the general assets of the company are, in the event of the company being wound up, insufficient to satisfy the claims of both the noteholders and the general creditors, then the members, after satisfying the remaining demands of the note-holders, shall be liable to contribute towards payment of the debts of the general creditors a sum equal to the amount received by the note-holders out of the general assets of the company.
Page 14 - ... writing, and signed by the parties to be charged therewith, may be made on behalf of the company in writing, signed by any person acting under the express or implied authority of the company, and such contract may in the same manner be varied or d1scharged. " (3.) Any contract which if made...
Page 16 - ... and shall further be personally liable to the holder of any such bill of exchange, promissory note, cheque, or order for money or goods, for the amount thereof unless the same is duly paid by the company.