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Section 51, preserving old Scotch rule that a Bill operates as assignment
of funds in favour of holder from time when presented to drawee
Difference of English and Scotch phraseology in regard to terms
Parliamentary services of Sir John Lubbock and Sir Farrer Herschell in
respect of the Bill

The Bill, under charge of Lord Bramwell, in the Lords
Lords' select Committee

amendment to mitigate common law rule, according to which, if
bank on which cheque was drawn, failed before cheque was
presented, drawer was discharged

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Provisions reproducing rules of law which may require alteration.

days of grace, and distinction between statutory and common law
holidays

Act adapted for amendment.

Discussion on Mr. Chalmers' Paper

205

205-206

206

206

207

207

207

519

519

520

520

521

521

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Steel (Mr.)

524

.

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Matters in which the Act does not fulfil requirements of foreign
law

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"presentation of foreign Bills which have already been
presented for acceptance

impracticability of clause 48 as to "notice

Billinghurst (Mr.).

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Clearness of the Act, with the exception of Clause 100

Examination and comments on Clauses

Amendments desirable: abolition of days of grace, and making
maturity of Bills payable on holidays uniform

proposed by Institute of Bankers: that drawer of Bill shall not
be discharged by holders' omission to present, unless
drawer suffer damage through delay

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Alteration in law with regard to protest for non-payment of
foreign bills

Measure of damages (re-exchange and interest) upon dishonoured

bill

Bastable (Mr.)

526
532-540

527

527

527

527

527

528

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Can banker insist on second or third continuous endorsement on
cheque ?

528-529

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The Act a codification of the law with amendments added in Com-
mittee

529

529

Points brought forward by Mr. Venn with regard to foreign law
Question of re-exchange, dealt with by Mr. Brett

529

530

CHALMERS (M. D.)—continued.

Chalmers (Mr.) Reply

Meaning of "not negotiable," and why the phrase remained

unaltered

Statutory and common law holidays should be put on the same
footing

Points brought forward by Mr. Venn with regard to foreign law
Protection to bankers against forged endorsement

Notes on the Indian Negotiable Instruments Act

Its effect on English bankers and houses

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"The (Indian) Negotiable Instruments Act, 1881," &c., notice

Opinion on case regarding bankers' lien on securities

regarding bankers' protection against forgery

CHARTERS, Royal Bank of Scotland

British Linen Company

National Banks of United States

CHEQUES, to bearer, endorsement of, in Scotland

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proportion to Notes and Coin, in United States

drawn by Trustees in Bankruptcy, exemption from Stamp Duty.

"not negotiable," cashing of

law of (Bills of Exchange Act, 1882)
meaning of

undated

law relating to (Bills of Exchange Act, 1882)

Legal decisions-

to bearer, held as security for bill and dishonoured
post-dated, bankruptcy of Payee before date of

Questions with Answers of the Council-

Crossed, effect of returning unpaid

with special endorsement, as to paying

counter

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dishonoured, returning.

drawn abroad, stamps on

PAGE.

531

531

531

531
531-532

265

265

265

266

266

266

267

267

232
175-177

564
125

130

412, 493

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regarded as Bills of Exchange

214

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signature: by partner of firm. presented after his decease, as

to payment of

564-566

109

362

PA

CHEQUES, Questions, &c., signature-continued.

limited liability company, signed by directors, counter-
signed by clerk, as to payment

566

letter of authority for another to sign, as to stamp
necessary.

drawn to order in ordinary way, with addition of words,
"in full settlement," in reference to payee, banker's
position, and power to return cheque

501

566

attached to bill, which is unstamped, as to payment
presented by loan office styling itself a bank, as to payment of
written in pencil, payment of

361-

500

109

see Clearing.

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in United States (see Barnett)

COIN, proportion to notes and cheques, in United States
COINAGE ACT, 1870, text of

157-

222

552-

267-

270-1

272-1

551

106-1

336-3

COINAGE, Annual Report of Deputy-Master of Mint, for the year 1881
Our Gold, an enquiry into its present defective condition, with
a view to its reform (see Martin)

International Monetary Conference, 1881 (see Fremantle and
Mallet)

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COMMERCE, Association of Chambers of, see Association."

424, 4

80

310, 311, 31

328, 33

349-35

353, 33

66

68

68

69

69, 70

69-70, 73

70

77

74,78

74, 75

74

75

75

75-76

70

272-27

COMMERCIAL BANK OF SCOTLAND, origin and growth of
COMMISSION (Royal) on International coinage, 1868
COMPANIES (Joint Stock) Acts, suggested amendment

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COMPANY, limited liability, shares as security of advance, questions
(1) as to notice, (2) bankers' lien, (3) liability (with answers)
COMPTROLLER, National Banks of United States of America
CONFERENCE, International Monetary, 1881, (see Fremantle and
Mallet)

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CONTROL of National Banks of United States of America

CONVERTIBILITY of notes in Scotland

COTTON Trade in India as field for capital

PAGE.

135-136

302

227

262-263

387

424-436

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61, 117, 187,

241, 295, 367,

451, 511, 513,

515, 517. 587

COUNCIL, Institute of Bankers, Report of, read at Fourth Annual

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NOTES, suggested clearing of

COUPONS, of bonds, with banker, question of lien

CRAWFORD (F. Marion) "Our Silver," in proceedings of American

Bankers' Association, notice

CROSS, the, on penny coins

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CRUMP (Arthur) A Review of the Position and Prophecies of the
Bimetallists," notice

CURRENCY, of United States, Report of Comptroller of

DECISIONS, see Legal Decisions.

DEEDS, deposited with banker, question of his lien on.
DENARIUS, the

DEPOSITS, rise of, in Scotland

of Scotch banks (tables)

"DIARY of an Edinburgh banker in 1745".

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387

210-212

252

369-380

376

90

98

100-101

175-176

35-37

69, 86

279
105-107

175-176

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64

133-134
146-147

129

42, 60, 115,

186, 240, 294,
366, 450,

510-517,

586-594

DIVIDEND AND BONUS, Bank of Scotland, on capital (table)

average on Stock (table)

DIVIDEND WARRANTS, with banker, question of lien (with answer).
payable to two or more payees, question as to endorsement of
(with answer)

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section of Bills of Exchange Act, 1882, relating to

DIVIDENDS, National Banks of United States

Scotch Banks

DOUGLAS, Heron & Co., failure of

155-156

157
175-176

212
202, 206, 208

490
402-403, 407

124, 127,
143, 155

132

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EDINBURGH, Rules for exchanges and settlements between banks in."

Clearing House Rules .

PAGE

EDINBURGH-continued.

Questions with Answers of the Council-
ENDORSEMENT

and re-indorsement of bills, legal decision.

law relating to (see Bills of Exchange Act)

Questions with Answers of the Council-

of two or more payees

forged, liability of banker

protection of banker, case submitted to Counsel
thereon, and their opinion

267, 528, 5
531-532

110-1

453-4

528-5

531-5

212

213

564-5

successive endorsees-liability of banker

213

of bills, as to payment when it differs and when per pro,
without banker's guarantee

501

stolen cheque, liability of banker

362

per pro, sufficient discharge; power to refuse payment
per pro, on Poor Law Union Cheques

of promissory notes, liability of.

EQUIVALENT COMPANY, origin of Royal Bank of Scotland

ESSAY, Prize, subject and conditions for

EVANS (John). L. S. D., or the Origin of Pounds, Shillings and

567

40-4

41

124-1

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tokens suppressed 1672, and copper halfpence and farthings coined

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