 | Henry Roscoe - 1884 - 834 pàgines
...the drawer's signature, even when both signatures are per procuration. By sect. 7 (3), ante, p. 327, where the payee is a fictitious or non-existing person, the bill may be treated as payable to bearer. Where there was no proof of the handwriting of one of the indorsers, but it appeared that the indorsement... | |
 | John Frederick Haynes - 1884 - 736 pàgines
...several payees. A bill may also be made payable to the holder of an office for the time being. (3). Where the payee is a fictitious or non-existing person the bill may be treated as payable to bearer. 8. — (1.) When a bill contains words prohibiting transfer, or indicating an intention that it should... | |
 | Henry Dunning Macleod - 1886 - 722 pàgines
...of several payees. A bill may also te made payable to the holder of an office for the time being 3. Where the payee is a fictitious or non-existing person the bill may be treated as payable to bearer 132. 1. A bill drawn payable to , or order, is void (a) 2. But a bond fide holder for value may insert... | |
 | Institute of Bankers (Great Britain) - 1886 - 922 pàgines
...initialled. The customer contended that in terms of clause 3, section 7, of the Bills of Exchange Act, " Where the payee is a fictitious or nonexisting person the bill may be treated as payable to bearer." But the banker asserts his right to return the cheque, under clause 1 of the same section, " Where... | |
 | 1908 - 714 pàgines
...ALH, 81 NE 966 (Mass.). The Bills of Exchange Act, 1882, s. 7, subs. 3, provides that "where the navoe is a fictitious or non-existing person, the bill may be treated as payable to'bearer." In the United States the intention or knowledge of the drawer is decisive of the fictitiousness... | |
 | 1909 - 1286 pàgines
...bills and never intended that it should, the payee was fictitious," and under the statute providing that "where the payee is a fictitious or non-existing...person the bill may be treated as payable to bearer" (Bills of Exchange Act 1882, §• 1, subsec. 3), the bills o'f exchange were, in legal effect, payable... | |
 | 1888 - 432 pàgines
...which we will presently deal) on the Bills of Exchange Act, 1882, Sect. 7, subsect 3, which provides, " Where the payee is a fictitious or non-existing person, the bill may be treated as payable to bearer." If the bills which Glika presented, and caused to be presented, and cashed, came within this provision,... | |
 | Institute of Bankers (Great Britain) - 1889 - 816 pàgines
...Bills of Exchange Act, 1882, sec. 7, sub-sec. 2, which enacts with reference to bills of exchange, that " where the payee is a fictitious or non-existing...person, the bill may be treated as payable to bearer." I am bound to say I have never quite realised what advantage is gained by anybody in making a bill... | |
 | James Kirby - 1889 - 450 pàgines
...Bills of Exchange Act, 1882 (45 & 46 Viet, c. 61), and by section 7, sub section 3 | it is provided that ' where the payee is a fictitious or non-existing...person the bill may be treated as payable to bearer.' Now, no doabt, the ingenious Glika, whatever may be said of him, was a ' bearer,' and if the bank could... | |
 | New York (State). Court of Appeals, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Hiram Edward Sickels - 1891 - 806 pàgines
...of 1882 "(45 & 46 Yict. Ch. 61, § 7, subd. 3), it was enacted with reference to bills of exchange, that " where the payee is a fictitious or non-existing...upon these bills were without authority. On the trial 01 the action before Mr. Justice CHARLES, the plaintiff recovered. (LR [22 QBD~] 103.) On appeal, the... | |
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Where the payee is a fictitious or non-existing person the bill may be treated as payable to bearer. 
