Journal of the Institute of Bankers, Volume 37Institute of Bankers., 1916 - Banks and banking |
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Common terms and phrases
abroad acceptance account payee American amount April balance Bank Limited Bank Ltd Bank of England Bills of Exchange branch banks branches British banks capital Centre CHIG City and Midland clearing banks Clearing House commercial Committee Council County and Westminster course crossed cheques currency debentures deposits economic English banks exports finance foreign banks France funds gold Government increase indorsement industry Institute of Bankers interest issued joint stock banks Journal July killed in action labour lectures liability Liverpool Lloyds Bank loans London City London County London Regiment Manchester ment Messrs Midland Bank National Provincial Bank Newcastle-on-Tyne notes obtain paid Parr's Bank payable payee payment person present PRIVATE question receipt Regiment Royal Fusiliers SECOND-LIEUTENANT securities Sheffield signature stamp Stock Exchange Street trade transactions transfer trustee UNIV Westminster Bank Yorkshire Bank
Popular passages
Page 159 - When a bill payable to order on demand is drawn on a banker, and the banker on whom it is drawn pays the bill in good faith and in the ordinary course of business, it is not incumbent on the banker to show that the indorsement of the payee or any subsequent indorsement was made by or under the authority of the person whose indorsement it purports to be, and the banker is deemed to have paid the bill in due course, although such indorsement has been forged or made without authority.
Page 298 - No notice of any trust, expressed, implied, or constructive, shall be entered on the register, or be receivable by the registrar, in the case of companies under this Act and registered in England or Ireland.
Page 298 - ... any equitable, contingent, future or partial interest in any share or any interest in any fractional part of a share or (except only as by these...
Page 259 - Essay to exceed in length 30 pages (8vo.) of this publication, and distinct references should be made to such authorities as may be quoted or referred to. The Council shall, if they see fit, cause the successful Essays, or abridgments thereof, to be read at a meeting of the Institute of Bankers, and shall have the right of publishing the Essays in their Journal one month before their appearance in any separate independent form ; this right of publication to continue till six months after the award...
Page 96 - But it is of the essence of such a charge that it remains dormant until the undertaking charged ceases to be a going concern or until the person in whose favour the charge is created intervenes.
Page 164 - ... so offending, and being thereof convicted in due form of law, shall be deemed guilty of felony, and shall suffer death as a felon, without benefit of clergy.
Page 384 - Council allow the right of property to be specially reserved by the Contributors. REGULATIONS OF THE LIBRARY. 1. The Library is open daily from 10 am till 5 pm, except on Saturdays, when it closes at 2 pm ; and it is entirely closed during the month of September.
Page 127 - An order to pay out of a particular fund is not unconditional within the meaning of this section; but an unqualified order to pay, coupled with (a) an indication of a particular fund out of which the drawee is to re-imburse himself or a particular account to be debited with the amount, or (b) a statement of the transaction which gives rise to the bill, is unconditional.
Page 264 - A banker receives payment of a crossed cheque for a customer within the meaning of section 82 of the Bills of Exchange Act 1882, notwithstanding that he credits his customer's account with the amount of the cheque before receiving payment thereof.
Page 20 - As the Chancellor of the Exchequer put it to parliament, "The government wanted to get these securities, as far as possible, into one hand, so that they might be controlled and used for the purpose of paying our debts in the United States. They believed that these securities would afford us a very great resource which would be fully sufficient to meet our Obligations.