A Handy Book on the Law of Banking: Its Principles, Customs, and Practice, in England, Scotland, and IrelandJames Walter Smith |
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Page 6
... called a corpora- tion by prescription . The corporation of the City of London is of this kind . When a corporation exists in either of these three ways , the corporate property and rights are vested in the corporate members and their ...
... called a corpora- tion by prescription . The corporation of the City of London is of this kind . When a corporation exists in either of these three ways , the corporate property and rights are vested in the corporate members and their ...
Page 10
... called by lawyers a chose in action ; a name given by them to that kind of property which a man is not in actual or con- structive possession of , however absolute his right to it may be . This may seem rather a nominal distinction ...
... called by lawyers a chose in action ; a name given by them to that kind of property which a man is not in actual or con- structive possession of , however absolute his right to it may be . This may seem rather a nominal distinction ...
Page 12
... called a warrant , is made out every half - year , for the payment of dividends , from each of which a separate deduction has to be made for income - tax , which latter the bank pays over to the Government in one gross sum at each half ...
... called a warrant , is made out every half - year , for the payment of dividends , from each of which a separate deduction has to be made for income - tax , which latter the bank pays over to the Government in one gross sum at each half ...
Page 13
... called the Issue Department , and the other the Banking Department . To effect this object , the bank found it necessary to transfer to the issue department securities to the value of £ 14,000,000 , of which a debt due by the Government ...
... called the Issue Department , and the other the Banking Department . To effect this object , the bank found it necessary to transfer to the issue department securities to the value of £ 14,000,000 , of which a debt due by the Government ...
Page 18
... . , 4th . paragraph . ) This is commonly called " stopping payment of a note , " but for reasons above stated , all that the bank can legally do when a note , which they have received notice has been • lost , & c . , is presented for 18.
... . , 4th . paragraph . ) This is commonly called " stopping payment of a note , " but for reasons above stated , all that the bank can legally do when a note , which they have received notice has been • lost , & c . , is presented for 18.
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...