A Treatise on the Law of Banks and Banking, Volume 2Little, Brown,, 1888 |
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Página 693
... duty to present as soon as , by ordinary diligence , is possible , and not to wait till the next day . ( b ) An agent for collection must present the check the same day it is received , not in order to hold the drawer of the check , but ...
... duty to present as soon as , by ordinary diligence , is possible , and not to wait till the next day . ( b ) An agent for collection must present the check the same day it is received , not in order to hold the drawer of the check , but ...
Página 696
... duty only under peculiar circum- The check which he delivers is only a means whereby by it . See Collection , § 213 , and cases below . 7 Werk v . Mad River Valley Branch Bank , 8 Ohio St. 301 ; Bickerdike v . Bollman , 1 Term , 405 . 8 ...
... duty only under peculiar circum- The check which he delivers is only a means whereby by it . See Collection , § 213 , and cases below . 7 Werk v . Mad River Valley Branch Bank , 8 Ohio St. 301 ; Bickerdike v . Bollman , 1 Term , 405 . 8 ...
Página 705
... duty of the bank , receiving the check through this channel , in order to honor or to pay it , does not seem very clear . The ordinary course of business could only hold a bank to pay cash over the counter , or to pay through the ...
... duty of the bank , receiving the check through this channel , in order to honor or to pay it , does not seem very clear . The ordinary course of business could only hold a bank to pay cash over the counter , or to pay through the ...
Página 706
... duty to secure payment on that day , not the next day , and a check is not payment . So here , waiving all other questions , B. received the check on the 9th , and waited until the 10th to present it , and until the 12th to give notice ...
... duty to secure payment on that day , not the next day , and a check is not payment . So here , waiving all other questions , B. received the check on the 9th , and waited until the 10th to present it , and until the 12th to give notice ...
Página 707
... DUTY OF BANK . § 432 . $ 433 . $ 434 . § 435 . $ 435 . $ 436 . $ 437 . § 438 . When there is presented in banking hours 481 a properly signed 432-440 check , that is not stale 441-443 or otherwise open to suspi- cion , 444 and the bank ...
... DUTY OF BANK . § 432 . $ 433 . $ 434 . § 435 . $ 435 . $ 436 . $ 437 . § 438 . When there is presented in banking hours 481 a properly signed 432-440 check , that is not stale 441-443 or otherwise open to suspi- cion , 444 and the bank ...
Termos e frases comuns
action agent American Exchange Bank amount articles of association assessed assets assignment asso authority bank bills Bank of United bank's banker bill of exchange bona fide holder bonds by-law capital stock certificate charter circulating notes claim collection Comptroller contract corporation court creditors Currency debt debtor declared defendant demand deposit depositor directors discharge dollars draft drawer drawn duty entitled equity fact forfeiture forged forgery funds held hold hundred indebtedness indorsement insolvent issued liability lien loan loss Mass matter ment National Banking Act national banking association negligence notice officers Ohio St organization certificate owner paid paper pari delicto party payable payee payment person plaintiff presented promissory note reason received recover redeem refused rule Savings Bank shareholders shares signature stockholders suit taxation thereof tion transaction transfer Treasury trust U. S. Rev ultra vires United usurious violation
Passagens mais conhecidas
Página 1099 - Such as shall be conveyed to it in satisfaction of debts previously contracted in. the course of its dealings.
Página 1139 - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this title.
Página 1137 - ... shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with the provisions of this act, which the association may see fit to adopt for the regulation of the business of the association and the conduct of its affairs...
Página 1070 - It is, we think, a sound principle, that when a government becomes a partner in any trading company, it divests itself, so far as concerns the transactions of that company, of its sovereign character,, and takes that of a private citizen.
Página 1136 - A summary of the state and condition of every association from whom reports have been received the preceding year, at the several dates to which such reports refer, with an abstract of the whole amount of banking capital returned by them, of the whole amount of their debts and liabilities, the amount of circulating notes outstanding, and the total amount of means and resources, specifying the amount of lawful money held by them at the times of their several returns, and such other information in...
Página 1176 - If the directors of any national banking association shall knowingly violate, or knowingly permit any of the officers, agents, or servants of the association to violate any of the provisions of this Title, all the rights, privileges, and franchises of the association shall be thereby forfeited.
Página 1157 - Washington, shall at all times have on hand, in lawful money of the United States, an amount equal to at least twenty-five per centum of the aggregate amount of its...
Página 921 - Secretary, shall prescribe; but if a check so received is not paid by the bank on which it is drawn the person by whom such check has been tendered shall remain liable for the payment of the tax and for all legal penalties and additions to the same extent as if such check had not been tendered.
Página 1137 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof...
Página 1155 - The total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed onetenth part of the amount of the capital stock of such association actually paid in.