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" 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. "
Journal of the Canadian Bankers' Association - Página 114
por Canadian Bankers' Association - 1897
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Report of the ... Annual Meeting of the American Bar ..., Volumen10,Parte1887

American Bar Association - 1887 - 460 páginas
...the holder shall forthwith deliver it up to the party paying it. LIABILITIES OF PARTIES. SEC. 53. (1) That 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...
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The Negotiable Instruments Act (Act XXVI of 1881): Being an Act to Define ...

India, Patrick Dunlop Shaw - 1882 - 362 páginas
...the holder shall forthwith deliver it up to the party paying it. Liabilities of Parties. 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...
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Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

W. D. Thorburn - 1882 - 316 páginas
...only bound to deliver up the bill on full payment. Liabilities of Parties. Funds in hands 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...
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The Bills of Exchange Act, 1882 (45 & 46 Vict., C. 61): An Act to Codify the ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 126 páginas
...shall forthwith deliver it up to the party paying it. Liabilities of Parties. hands of 53.— (i.) 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...
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Statutes at Large ...

Great Britain - 1882 - 574 páginas
...holder shall forthwith deliver it up to the party paying it. Liabilities of Parties. 53. — (!•) A bill, of itself, does not operate as an assignment of Funds in bauds funds in the hands of the drawee available for the payment thereof, of draweeiind the drawee...
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Sammlung der seit dem Jahre 1871 in Aegypten, Belgien, Dänemark ...

Oscar Borchardt - 1883 - 392 páginas
...the holder shall forthwith deliver it up to the party paying it. Liabilities of Parties. 53. — (1.) A bill, of itself, does not operate as an assignment of Funds ™ funds in the hands of the drawee available for the payment thereof, and the hd""afeeof drawee of...
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Roscoe's Digest of the Law of Evidence on the Trial of Actions ..., Volúmenes1-2

Henry Roscoe - 1884 - 834 páginas
...LR, 18 Eq. 283. And the Bills of Exchange Act, 1882, 45 & 46 Viet. c. 61, s. 53, expressly provides that " a bill of itself does not operate as an assignment of funds in the hands of the drawee available for payment thereof," but this section has no effect on the stamp duty payable on such an...
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Acts of the Parliament of South Australia

South Australia - 1884 - 330 páginas
...paid the holder shall forthwith deliver it up to the party paying it. Liabilities of Parties. 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...
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A Handy Book on the Law of Bills, Cheques, Notes and IOU's

James Walter Smith - 1884 - 164 páginas
...damages against parties to dishonored lill. 6. Transferor ly delivery and transferee. 1. S. 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...
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A Treatise on the Law of Mortgage, Volumen1

Richard Holmes Coote - 1884 - 868 páginas
...a particular account. In the latter case there is no appropriation or lien (x). A bill of exchange does not operate as an assignment of funds in the hands of the drawee, available for the payment thereof (a). (q) Gilbert v. Guignon, 8 Ch. 16, 21. («) Gurney v. Behrend,...
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