A Handy Book on the Law of Banking: Its Principles, Customs, and Practice, in England, Scotland, and IrelandJames Walter Smith |
From inside the book
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... Merchants , Bankers , and Brokers , for Valuations of Merchandise ; Mental Per - Centages , Interest Accounts in Accounts - Current , Public Funds , Marine Insurances ; Standarding of Gold and Silver ; Arbitrations of Exchange in Bills ...
... Merchants , Bankers , and Brokers , for Valuations of Merchandise ; Mental Per - Centages , Interest Accounts in Accounts - Current , Public Funds , Marine Insurances ; Standarding of Gold and Silver ; Arbitrations of Exchange in Bills ...
Page 21
... merchant , or custom of merchants , early adopted into the general body of English law . The business principally consists in borrow- ing money or receiving money at interest , as well as lending upon securities ; bankers thereby form a ...
... merchant , or custom of merchants , early adopted into the general body of English law . The business principally consists in borrow- ing money or receiving money at interest , as well as lending upon securities ; bankers thereby form a ...
Page 22
... merchant sells goods on commission , the banker may be said to sell credit ; he , however , charges no commission , but is satis- fied on receiving a certain per - centage for the use of his money , and his customer readily pays the ...
... merchant sells goods on commission , the banker may be said to sell credit ; he , however , charges no commission , but is satis- fied on receiving a certain per - centage for the use of his money , and his customer readily pays the ...
Page 24
... merchant , broker , attorney , or other agent , with any direction in writing , to apply such money or any part thereof , or the proceeds , or any part of the proceeds , of such security , for any purpose specified in such direction ...
... merchant , broker , attorney , or other agent , with any direction in writing , to apply such money or any part thereof , or the proceeds , or any part of the proceeds , of such security , for any purpose specified in such direction ...
Page 29
... merchant ( incorporated as above - mentioned in the law of the land ) , what is called a general lien on securities , such as bills , notes , & c . , put into their hands by their customers to be dealt with in the ordinary way of ...
... merchant ( incorporated as above - mentioned in the law of the land ) , what is called a general lien on securities , such as bills , notes , & c . , put into their hands by their customers to be dealt with in the ordinary way of ...
Other editions - View all
A Handy Book on the Law of Banking: Its Principles, Customs, and Practice ... James Walter Smith No preview available - 2015 |
A Handy Book On the Law of Banking: Its Principles, Customs, and Practice ... James Walter Smith No preview available - 2018 |
Common terms and phrases
Accounts in Accounts-Current Act of Parliament amount authorised Bank of England Bank of Ireland Bank of Scotland banker banking company banks of issue Barrister-at-Law Bills of Exchange Brokers Cash cent cheque circulation clearing-house clerk cloth corporation creditor crossed customer's debt deposit Discount dishonour dividends Double Entry drawer EFFINGHAM WILSON England notes English entitled Epitome Foreign Exchanges Fourteenth Edition gold guarantie Ham's Revenue holder indorsed Inner Temple Interest Accounts issuing notes Jackson's Book-keeping joint-stock banks Laws and Regulations liability Libel lien London London Fire Brigade Manual of Foreign Marine Insurances notice number of days paid parties partner partnership payment person Post 8vo practice Price 12s price 25s Published annually Receipt ROBERT LUCAS Royal Exchange Scotch banks shareholders shares Shaw's Fire Surveys Stamp Statutes Stock Exchange tender Trade transfer trustee Twelfth Edition United Kingdom Vict WALTER SMITH WILLIAM
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Page 77 - Where a banker in good faith and without negligence receives payment for a customer of a cheque crossed generally or specially to himself, and the customer has no title, or a defective title, thereto, the banker shall not incur any liability to the true owner of the cheque by reason only of having received such payment.
Page 77 - Act, a banker paying the cheque, in good faith and without negligence, shall not be responsible or incur any liability, nor shall the payment be questioned, by reason of the cheque having been crossed, or of the crossing having been obliterated, or having been added to or altered otherwise than as authorised by this Act...