A check of itself does not operate as an assignment of any part of the funds to the credit of the drawer with the bank, and the bank is not liable to the holder, unless and until it accepts or certifies the check. American law reports annotated - Page 1811925Full view - About this book
| Ohio. Supreme Court - 1909 - 616 pages
...Statutes, provides: "A check is a bill of exchange drawn on a bank payable on demand." And Section 3177s is as follows: "A check of itself does not operate as...unless and until it accepts or certifies the check." But this is a certified check. Air. Daniel says (Section 1602) that the certification of checks is... | |
| 1912 - 1262 pages
...conversation was plainly insufficient to create any liability on the part of the defendant to the plaintiff. "A check of itself does not operate as an assignment...unless and until it accepts or certifies the check." Сотр. St. 1911, c. 41, § 188. "The acceptance of a bill is the signification by the drawee of... | |
| 1907 - 2170 pages
...TRANSFER OF PROPERTY BY BANKRUPT — UNPAID CHECK. Under Gen. St. 1902, § 43i>0, which provides that "a check of Itself does not operate as an assignment...holder, unless and until it accepts or certifies the chock," the payee of a check drawn against a sufficient deposit and presented two days before the flling... | |
| 1912 - 1170 pages
...apply to a check." The legislative enactment now in force in this state provides that a check or bill does not operate as an assignment of any part of the...the holder unless and until it accepts or certifies to the check. Section 0022, LOL And section 5960, LOL, makes a like provision in regard to a bill of... | |
| 1919 - 1022 pages
...565, 54 Рас. 434 ; 2 Michie on Banks and Banking, 1129. [81 In section 6022, LOL, it Is said that "the bank is not liable to the holder unless and until it accepts or certifies to the check." Hunt countermanded payment of the check before the bank had either paid or accepted... | |
| 1920 - 932 pages
...Laws of 1916. By eection 189 of this act (section 2767, Hemingway's Code) It le expressly provided: "A check of itself does not operate as an assignment...unless and until it accepts or certifies the check." It follows that appellant could not have propounded successfully any claim to the funds garnished,... | |
| 1924 - 1232 pages
...Instruments Law, art. GOOIA, g 189 (Vernon's Ann. Civ. St. Supp. 1922, art. 6001—189), it is declared that: "A check of itself does not operate as an assignment...unless and until it accepts or certifies the check." True, a contrary effect may be given where the evidence clearly shows an intent on the part of the... | |
| 1905 - 1246 pages
...1SÜ9, p. 172, c. 94), providing that a check is not an assignment of any part of the drawer's funds, and the bank is not liable to the holder unless and until it accepts or certifies the check, the drawer of ал ordinary check may, before it is accepted, revoke it and forbid its payment, and any... | |
| 1918 - 1044 pages
...operate as an assignment of any part of the funds to the credit of the drawer with the bank, and that the bank is not liable to the holder unless and until it accepts or certifies the check (section 3098, General Statutes), does not apply. The plaintiff is not suing the bank for breach of... | |
| Maryland - 1898 - 700 pages
...or certified, the drawer and all indorsers are discharged from liability thereon. 56 CHANCERY. 208. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. ARTICLE XVI. CHANCERY. Declaratory Decrees. 30. Only declaratory suiis may be brought and decrees passed... | |
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