Journal of the Institute of Bankers, Volume 33Institute of Bankers., 1912 - Banks and banking |
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Common terms and phrases
acceptance act of bankruptcy amount Arthur assets Bank Limited BANK LTD Bank of England bankrupt bill of lading Bills of Exchange Birmingham British cash cent Charles City and Midland Consols Council Counties Bank course Court creditors crossed cheque deal debt deposits discount District Bank drawer economic Edward endorsed executors fact firm France Frederick fund George German gold Government Harold Henry Herbert holder India Institute of Bankers interest James John Joint Stock Bank Lectures liability Liverpool Lloyds Bank loan Lombard Street London City London County Lord Manchester ment MESSRS Midland Bank mortgage National needle Street Newcastle-on-Tyne Norman Norman Angell notice ordinary overdraft paid partner partnership payment person political present question Reginald registered Road rule in Clayton's Sheffield signature society South Sea Company Thomas Threadneedle Street tion trade transaction trustee Westminster Bank William YORKSHIRE BANK
Popular passages
Page 276 - Act, in which premises, room, or place, or within the close or curtilage or precincts of which premises, any manual labour is exercised by way of trade or for purposes of gain in or incidental to the following purposes or any of them; that is to say...
Page 31 - Every partner is an agent of the partnership for the purpose of its business, and the act of every partner, including the execution in the partnership name of any instrument, for apparently carrying on in the usual way the business of the partnership of which he is a member...
Page 139 - ... the governor and company of the Bank of England, or by the governor and company of merchants of Great Britain trading to the South Seas and other parts of America...
Page 32 - Where, by any wrongful act or omission of any partner acting in the ordinary course of the business of the partnership or with the authority of his copartners, loss or injury is caused to any person, not being a partner in the partnership, or any penalty is incurred, the partnership is liable therefor to the same extent as the partner so acting or omitting to act.
Page 9 - Every partner in a firm is liable jointly with the- other partners, and in Scotland severally also, for all debts and obligations of the firm incurred while he is a partner; and after his death his estate is also severally liable in a due course of administration for such debts and obligations, so far as they remain unsatisfied, but subject in England or Ireland to the prior payment of his separate debts.
Page 98 - After the dissolution of a partnership the authority of each partner to bind the firm, and the other rights and obligations of the partners continue, notwithstanding the dissolution, so far as may be necessary to wind up the affairs of the partnership, and to complete transactions begun but unfinished at the time of the dissolution, but not otherwise.
Page 35 - Money, when paid into a Bank, ceases altogether to be the money of the principal; it is then the money of the banker, who is bound to return an equivalent by paying a similar sum to that deposited with him when he is asked for it.
Page 33 - ... person so giving credit by or with the knowledge of the apparent partner making the representation or consenting to its being made : (a) When a partnership liability results, he is liable as though he were an actual member of the partnership.
Page 211 - Where a bill or acceptance is materially altered without the assent of all parties liable on the bill, the bill is avoided except as against a party who has himself made, authorised, or assented to the alteration, and subsequent indorsers.
Page 9 - A is to contribute neither labor nor money ; and, to go still further, not to receive any profits. But, if he will lend his name as a partner, he becomes, as against all the rest of the world, a partner, not upon the ground of the real transaction between them, but upon principles of general policy, to prevent the frauds to which creditors would be liable...