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" Where a person takes a crossed cheque which bears on it the words ' not negotiable, ' he shall not have, and shall not be capable of giving, a better title to the cheque than that which the person from whom he took it had. "
Journal of the Institute of Bankers - Page 274
by Institute of Bankers (Great Britain) - 1902
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

Banks and banking - 1879 - 1110 pages
...taking a cheque crossed generally or specially, bearing in either case the words ' not negotiable ' shall not have and shall not be capable of giving...title to the cheque than that which the person from which he took it had. But » banker, who has in good faith and without negligence received payment...
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The Bankers' Magazine, and Journal of the Money Market, Volume 36

Banks and banking - 1876 - 1102 pages
...shall make some further observation, provides that — " 'A person taking a cheque crossed specially shall not have, and shall not be capable of giving a better title to the cheque than the person from whom he took it had. But a banker to whom a cheque is crossed specially, and who has...
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Perry & co's monthly illustrated price current, Volume 9

Perry and co, ltd - 1876 - 1022 pages
...name the cheque is or was crossed (as the case may be). A person taking a cheque crossed specially shall not have and shall not be capable of giving a better title to this cheque than the person from whom he took it had. But a banker to whom a cheque is crossed specially,...
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A dictionary, practical, theoretical, and historical ..., Volume 2; Volume 52

John Ramsay M'Culloch - 1875 - 218 pages
...taking a cheque crossed generally or specially, bearing in either case the •words 'not negotiable,' shall not have and shall not be capable of giving...than that which the person from whom he took it had. But a banker who hns in good faith and without .negligence received payment for a customer of a -cheque...
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The Public General Statutes

Great Britain - Session laws - 1876 - 592 pages
...specially, crossecTspe- bearing in either case the words " not negotiable," shall not have cialiy. and shall not be capable of giving a better title...than that which the person from whom he took it had. But a banker who has in good faith and without negligence received payment for a customer of a cheque...
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Principles of the Common Law: An Elementary Work Intended for the Use of ...

John Indermaur - Common law - 1876 - 530 pages
...the words " not negotiable," of J^ shall not have and shall not bo capable of giving a bettor dully. title to the cheque than that which the person from whom he took it had. But a banker who has in good faith and without negligence received payment for a customer of a cheque...
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The Elements of Banking

Henry Dunning Macleod - Banks and banking - 1877 - 350 pages
...taking a cheque crossed generally or specially, bearing in either case the words "not negotiable," shall not have and shall not be capable of giving...than that which the person from whom he took it had. But a banker who has in good faith and without negligence received payment for a customer of a cheque...
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The English manual of banking

Arthur Crump (political economist.) - 1877 - 416 pages
...taking a cheque crossed generally or specially, bearing in either case the words " not negotiable," shall not have and shall not be capable of giving...than that which the person from whom he took it had. But a banker who has in good faith and without negligence received payment for a customer of a cheque...
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A Practical Treatise on the Law of Bankers; Cheques, Letters of Credit, and ...

George John Shaw - Checks - 1878 - 202 pages
...taking a cheque crossed generally or specially, bearing in either case the words " not negotiable," shall not have and shall not be capable of giving...than that 'which the person from whom he took it had. But a banker who has in good faith and without negligence received payment for a customer of a cheque...
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A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques

Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1878 - 366 pages
...also the words " not holder and negotiable " does not acquire and cannot give a better collection, title to the cheque than that which the person from whom he took it had.2 Exception.— A banker who has in good faith and without negligence received payment for a customer...
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