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INDEX.

ACCEPTANCE,

defined, 32

delivery or notification to complete, 45, 47. See Delivery.

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in general by drawee, 35

by person other than drawee, 35

by one of several drawees, 35, 38. See Qualified Acceptance.

by two or more drawees, 5, 143.

by drawee in fictitious name, 36

See Joint Parties.

by fictitious person. See Fictitious Parties.
capacity to accept in general, 56

by infant, 57

by married woman, 58

by company or corporation, 36, 59, 267
by banker, 60, 61

authority to accept in general, 61–71

by partner, 68, 69, 70. See Partner.

by agent, 64, 65. See Principal and Agent.

forged or unauthorised, 71-74, 207, 208

construed with address to drawee, 36

ACCEPTANCE-continued.

blank signature filled up as, 25

payable at bankers, 37, 38, 263. See Banker.
material alteration in, 216, 217

cross-acceptance as consideration, 75

of cheque, 229

presentment for. See Presentment for Acceptance.

obligation to accept, 179, 180

General or Qualified:

what general, 37

what qualified, 37

effect of qualified, 38, 39

holder's option to take qualified, 138

holder's duty after taking qualified, 138, 149
See Acceptor-Drawee-Signature.

ACCEPTANCE FOR HONOUR SUPRÀ PROTEST,
what bills may be so accepted, 39

who may accept, 39, 40

for whose honour bill may be accepted, 40
presumption when party not named, 42
holder's option to refuse, 40

time for, 41

mode of accepting, 41

form, 41

for part of amount of bill, 42

effect on holder's right of action, 42

Acceptor suprà protest:

contract with holder, 194

estoppels which bind, 194, 195

presentment for payment to, 155, 156, 265, 266

rights and duties on payment, 213

ACCEPTOR,

defined, 2

accommodation acceptor, 84, 85, 145, 214. See Accommodation

Party.

who liable as, 35

signature of, 32, 64

bankruptcy of. See Bankruptcy.

death of. See Death.

contract with holder, 182

liability contrasted with drawer's, 182

ACCEPTOR-continued.

compared with maker of note, 9, 246, 251

relations inter se of joint, 182. See Joint Parties.
estoppels which bind, 182, 183

measure of damages against, 184, 185
damages when laws conflict, 185

payment by, as a discharge, 200

effect when he is holder of bill at maturity, 209
giving time to or compounding with, 213–216
presentment for payment to charge, 149.
Payment.

See Presentment for

notice of dishonour to, 176. See Notice of Dishonour.

Statute of Limitations, as to, 223

rights of, to securities for bill, 254

How Liability of Acceptor negatived:

conditional acceptance and condition unperformed, 35, 134
intention to sign a different document, 41

forgery, &c., 64-66, 165, 197

capacity negatived, 51-55

consideration negatived (including fraud or illegality), 74,
76--82

transfer of property to holder negatived, 44, 45
jus tertii, 44, 75

discharge of bill or discharge inter partes, 178-200

ACCOMMODATION BILL,

defined, 84

term used in different senses, 85

value subsequently given for, 76

pledge of, 79, 86

when deemed to be issued, 216

presumption as to bill being, 84, 91, 169

negotiated by payee after bankruptcy, 96

damages for refusing to accept, 180, n.

bankruptcy of drawer, when acceptor has security, 195

costs of defending action on, 195

negotiation after maturity, 120, 121

presentment for payment, when excused, 145

notice of dishonour, when excused, 169

payment by acceptor or maker as discharge, 200

payment by person accommodated as discharge, 201, 202
discharge of surety by dealings with principal, 214
foreign discharge of, 198

ACCOMMODATION BILL-continued.

proof on, 79

Statute of Limitations, 224, 225

securities for, 196, 260

Accommodation Party:

defined, 84

liability to holder for value, 85, 86, 91

special defences available to, 85, 214
liability to person accommodated, 76, 85, 86
considered as surety, 84, 196, 213, 214
rights on becoming a party, 195
rights when compelled to pay, 196
voluntary payment by, 196
rights of inter se, 196

ACKNOWLEDGMENT,

to defeat Statute of Limitations, 226, 227

ACT OF HONOUR,

on acceptance suprà protest, 41, 42

on payment suprà protest, 212

stamp on, 275

ACTION,

de facto holder may bring, 125

in whose name when bill payable specially, 126

in whose name when bill payable to bearer, 127

defences against holder suing as agent or trustee, 126
defences available to accommodation party, 85, 214
lost bill, 128, 177, 178

compared with proof, 128, 129

when husband and wife must join in, 94

against married woman in bill, 58

costs of defending on accommodation bill, 195

proceeding for costs against party sued concurrently, 199, 200

transfer of bill after action brought, 122

Statute of Limitations, 223-227. See Limitations.

Right of:

on, and collateral to, instrument distinguished, 197, 225, 226
on bill, and on consideration, distinguished, 62, 194, 219

giving bill suspends, 221, 222

effect of renewing bill, 221

effect of acceptance suprà protest on, 42

when complete against drawer or indorser, 148, 225

ADDRESS,

sufficiency of, when notice sent by post and lost, 160

of drawer or indorser of dishonoured bill not known, 171, 174, 175

to drawee in bill, 8-12, 35, 36

ADHESIVE STAMP,

when to be used, 268, 272

cancellation of, 268, 271, 273

ADMINISTRATOR,

when bill held by deceased, vests in, 94
personal liability on bill signed as, 67
not agent of deceased, 47

effect when acceptor becomes the holder's, 209
effect when holder becomes the acceptor's, 209
Statute of Limitations, as to, 226

See Death-Donatio mortis causá-Executor.

ADVICE (Letter of), 180

AGENT. See Principal and Agent.

ALLONGE, 104, 105

ALTERATION,

what material, 216, 217

what immaterial, 217

effect of material on bill, 218

effect on right to sue for consideration, 219, 220

onus probandi as to, 220

negotiation after, in ignorance, 193, 218

acceptance after, in ignorance, 183

payment in ignorance of, 206, 208

ALTERNATIVE,

drawee, 5

payee, 7

place of payment, 25, 247

mode of payment, 246, 247

AMBIGUOUS INSTRUMENTS, 3, 53

AMERICAN LAW,

weight of, and reference to, Introd., p. xxxv.

ANTECEDENT DEBT,

as consideration for bill, 75, 78

paid by bill which is dishonoured, 192, 221, 222

ANTE-DATED BILL, 18

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