 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.  The Public General Statutes - Page 12by Great Britain - 1876Full view - About this book
 | Banks and banking - 1879 - 1110 pages
...crossed generally or specially, bearing in either case the words ' not negotiable ' shall not have and shall not be capable of giving a better 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... | |
 | Banks and banking - 1876 - 1102 pages
...of the present Bill it is provided that " a person taking a cheque specially endorsed 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... | |
 | Law - 1919 - 740 pages
...Exchange Act, 1882, which provides that: " Where a banker in good faith and without negligence receives payment for a customer of a cheque crossed generally or specially to himself, and the customer has no title or a defective title thereto, the banker shall not incur any liability... | |
 | Perry and co, ltd - 1876 - 1022 pages
...of the present bill it is provided that "a person taking a cheque specially indorsed 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... | |
 | John Wade - English law - 1874 - 1018 pages
...the words " not negotiable,'' shill not have a better title to the cheque than that which the per> n from whom he took it had. But a banker who has in good faiik and without negligence received payment for a customer of a cbeqce crossed generally or specially... | |
 | John Ramsay M'Culloch - 1875 - 218 pages
...crossed generally or specially, bearing in either case the •words 'not negotiable,' shall not have and shall not be capable of giving a better title...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 generally or... | |
 | Law - 1876 - 672 pages
...cheque, crossed generally or specially, bearing in either case the words 'not negotiable,' shall not have (and shall not be capable of giving) a better title...than that which the person from whom he took it had.' The Attorney-General explained that these words 'not negotiable' precluded a thief from having or giving... | |
 | Arthur Crump (political economist.) - 1877 - 416 pages
...of which, as explained by the twelfth clause, is that a person taking such a cheque shall not have and shall not be capable of giving a better title...than that which the person from whom he took it had " was inserted as a supposed bar to the negotiation of a stolen cheque, but will probably become a... | |
 | 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... | |
 | James Walter Smith - Banking law - 1879 - 126 pages
...words "not negotiable," crossed sne- Bna11 not nave Bn<1 shaU not ^ ^P^6 of S"'mS a better cially. " title to the cheque than that which the person from...whom he took it had. But a banker who has in good f ,%ith and without negligence received payment for a customer of a cheque crossed gt-neI rally or... | |
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