A General Abridgment and Digest of American Law (Volume 9); With Occasional Notes and Comments (Paperback)

This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1829. Not illustrated. Excerpt: ... 1. Ch. 20 the holder must use due diligence to put the bill into circulation. Art. 10. Robinson v. Ames, 20 Johns R. 146--due notice or not, 168 Con. 176-372. 18 do. 230-327-432. v DEGREESv DEGREES DEGREES/ 64. Liability of a bank receiving notes to collect, to give notice, Sic. When a note is endorsed and delivered to a bank to collect, it impliedly by promises, if it be not paid, to give due notice to all the endorsers, and if the bank fail so to do, the holder has assumpsit against it for the non-feasance; the deposit of the Smedese. note, and the probable profits to arise from the money remaining aoJohns1 ?"'ln l'le ')an'c a'ter P3' DEGREES' being a beneficial act, and affording a 372; do. 367. good consideration to support such promise. See below. 65. The law (in Kentucky, ) requires no greater diligence 2 Luteins, in giving notice of the dishonor of a bill, from the person to whom transmitted for collection at the place of payment than it requires from the endorser or holder. Smede? 3nk "' $ 66' ElTOr fmm the SllPreme Coi, rt t0 the Court of Co-ren.'662- Errors--Judgment affirmed--and added, the endorsement and 685. Same delivery of a prom, note to a bank, or its request, is a sufficient case ln 5 64 consideration for an undertaking, on the part of the bank, to charge the endorser by a regular notice of non-payment, and if it neglect so to do, the owner or holder so promised, may have an action against it, and recover damages for the neglect-- the receipt of the note and neglect, is mismanagement. 2. An objection not made in the Supreme Court cannot be made in the Court of Errors. 3. A corporation may make any contract, to do an act, at any place, if such contract be within the scope of its general powers. 4. What is a reasonable time within which a note payable on ...