Where the sum payable is expressed in words and also in figures and there is a discrepancy between the two, the sum denoted by the words is the sum payable ; but if the words are ambiguous or uncertain, reference may be had to the figures Journal of the Institute of Bankers - Page 197by Institute of Bankers (Great Britain) - 1882Full view - About this book
| Eric Russell Watson - Banking law - 1902 - 182 pages
..."negotiation" to an immediate party. (Lewis v. Clay, 67 LJQB 224 ; Herdman v. Wheeler, 1902, 1 KB 472.) 53. — Where the sum payable is expressed in words and also in figures, and there is a discrepancy between the two, the sum denoted by the words is the amount payable. (S. 9 (2).) A banker, though justified... | |
| Idaho - Electronic journals - 1903 - 494 pages
...instrument is ambiguous, or there are omissions therein, the following rules of construction apply : First. Where the sum payable is expressed in words and also in figures and there is a discrepancy between the two, the sum denoted by the words is the sum payable; but if the words are ambiguous or... | |
| James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...instrument is ambiguous, or there are omissions therein, the following rules of construction apply: 1. Where the sum payable is expressed in words and also in figures and there is a discrepancy between the two, the sum denoted by the words is the sum payable; but if the words are ambiguous or... | |
| Frederick Hooper - Business - 1903 - 272 pages
...the bill is payable. Bills are frequently drawn on India in sterling "exchange as per endorsement." Where the sum payable is expressed in words and also in figures, and there is a discrepancy between the two, the sum denoted by the words is the amount payable. The parties to a bill. — These... | |
| John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 pages
...instrument is ambiguous, or there are omissions therein, the following rules of construction apply: 1. Where the sum payable is expressed in words and also in figures and there is a discrepancy between the two, the sum denoted by the words is the sum payable; but if the words are ambiguous or... | |
| International Correspondence Schools - Banks and banking - 1903 - 646 pages
...notwithstanding that, it will be negotiable." The sum payable must be stated with absolute certainty;" where the sum payable is expressed in words and also in figures, and there is a discrepancy between the two, the sum denoted by the words is the sum payable;" but if the words be ambiguous or... | |
| A. M. Hamilton - Bills of exchange - 1904 - 354 pages
...rate of exchange or according to a rate of exchange to be ascertained as directed by the bill.6 (2.) Where the sum payable is expressed in words and also in figures, and there is a discrepancy between the two, the sum denoted by the words is the amount payable.1 (3.) Where a bill is expressed... | |
| Transvaal (Colony) - Law - 1904 - 552 pages
...that upon default in payment of any instalment the whole shall become due ; BILLS OF EXCHANGE. 219 (2) Where the sum payable is expressed in words and also in figures and there is a discrepancy between the two the sum denoted by the words is the amount payable. (3) Where a bill is expressed to... | |
| Charles Monfort Lindsay - Negotiable instruments - 1904 - 204 pages
...instrument is ambiguous, or there are omissions therein, the following rules of construction apply : 1. Where the sum payable is expressed in words and also in figures and there is a discrepancy between the two, the sum denoted by the words is the sum payable ; but if the words are ambiguous or... | |
| Edward Voigt, Charles Voigt - Commercial law - 1904 - 836 pages
...instrument is ambiguous, or there are omissions therein, the following rules of construction apply: 1. Where the sum payable is expressed in words and also in figures and there is a discrepancy between the two, the sum denoted by the words is the sum payable; but if the words are ambiguous or... | |
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