 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 Law Journal Reports - Page 5331879Full view - About this book
 | 1876 - 1102 pages
...liable, and the first paragraph of the 1 2th clause, intended to accomplish that purpose, runs : — " ' A person taking a cheque, crossed generally or specially,...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... | |
 | 1879 - 1110 pages
...shall be deemed to be crossed specially, and to be crossed to that banker." The 12th section enacts, "A person taking a cheque crossed generally or specially,...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... | |
 | John Ramsay M'Culloch - 1875 - 218 pages
...cheque is or was crossed, or to his agent for collection being a banker (as the case may be). Sec. 12. A person taking a cheque crossed generally or specially,...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... | |
 | 1876 - 672 pages
...should be liable, and the first paragraph of the 12th clause, intended to accomplish that purpose, runs: 'A person taking a cheque, crossed generally or specially,...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... | |
 | Great Britain - 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... | |
 | John Indermaur - 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... | |
 | Arthur Crump (political economist.) - 1877 - 416 pages
...the cheque is or was crossed, or to his agent for collection being a banker (as the case may be). 12. A person taking a cheque crossed generally or specially,...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... | |
 | Henry Dunning Macleod - 1877 - 350 pages
...whom the cheque is or was crossed, or to his agent for collection being a banker (as the case may be). A person taking a cheque crossed generally or specially,...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... | |
 | George John Shaw - 1878 - 202 pages
...cheque is or was crossed, or to his agent for collection, being a banker (as the case may be). 12. A person taking a cheque crossed generally or specially,...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... | |
 | Institute of Bankers (Great Britain) - 1880 - 908 pages
...understand that the exemption extends to that. In the first part of the section it is clear that " a person taking a cheque crossed generally or specially...than that which the person from whom he took it had." That is only if the cheque has the words "not negotiable" marked on the face of it, then the cheque... | |
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