A Treatise on Bills of Exchange and Promissory Notes

A Treatise on Bills of Exchange and Promissory Notes

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1863 edition. Excerpt: ...R., 294; 15 id., 218; 5 Wend., 587; 21 Wend., 643; 2 Hill, 587. Due diligence by the holder or by his agent to ascertain the residence of one cf the indorsers oi' a note, will not avail a prior indorser who has positive knowledge OX1 31 subject. Beale v. Parish, 20 N. Y. R., 407. Nor will the agent or notary's dili8'-"'19" avail the holder, who knowing, neglects to inform the agent of the indorser's rt'5l' dence or place of business. Lawrence v. Miller, 16 N. Y. Rep., 235. ' 2 R. S., 55, 3d ed.; chap. 141 of Session Laws of 1835; see also 3 Comet. 444' Independent of the statute it is suflicient if the holder use reasonable diligence. B111'mestcr v. Barron, 9 Eng. Law and Eq. R., 402. This was an action against the defendant as drawer of a bill of exchange, and the question of due notice was put in is!"The bill was drawn in London, and there was no other address of the drawer statfid fm the face of the bill; and the plaintifl' having proved the sending of notice of the dishonor through the post ofiice addressed to the defendant, " London," the court We" of opinion that this was evidence of due diligence and prime fame suflicientv "mush the defendant proved that he lived at Chelsea, and did not receive the noticei "nd notwithstanding his residence might have been ascertained by inquiring of the 11099?' tor, "No. 27, Saville Row," the bill being addressed to him in that manner. _ Though the indorser living in a city add under his indorsement the N0; f 1"! ofiice, the party making the personal service must ascertain that that is still his P15" of business, and deliver the notice to the indorser or to some person found there;...show more

Product details

  • Paperback | 366 pages
  • 189 x 246 x 19mm | 653g
  • Rarebooksclub.com
  • English
  • Illustrations, black and white
  • 1236930711
  • 9781236930712