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ERIC sell.

BY

R. WATSON, LL.B. (LONDON),

OF THE INNER TEMPLE; BARRISTER-AT-LAW;

ADVOCATE OF THE CEYLON BAR.

FIRST IN FIRST CLASS HONOURS, INTER. LL.B.

SECOND CLASS HONOURS, FINAL LL.B.

FIRST CLASS CERTIFICATE OF HONOUR, BAR FINAL;
LONDON UNIVERSITY LAW EXHIBITIONER.

THIRD EDITION.

LONDON:

SWEET AND MAXWELL, LIMITED, 3, CHANCERY LANE, W.C.

EFFINGHAM WILSON, 11, ROYAL EXCHANGE, E.C.

1904.

S.

UK

731

WA

W338c

ed 3

BRADBURY, AGNEW, & CO. LD., PRINTERS,
LONDON AND TONBRIDGE.

Qec. Oct. 17, 1904.

PREFACE

TO THE THIRD EDITION.

SINCE the publication of the second edition in July, 1902, the cases of Capital and Counties Bank v. Gordon and London City and Midland Bank v. Gordon have been upheld on appeal to the House of Lords, with a variation not affecting the case so far as the cheques were concerned, but only as to the drafts (1903, A. C. 240). There has also been an important Privy Council case-Imperial Bank of Canada v. Bank of Hamilton (1903, A. C. 49).

Further, a bill was introduced and passed a third reading in the House of Lords, which had for its object the amendment of s. 82 so as to destroy the effect of the judgment in Gordon's Cases on the construction of the words "receives payment for a customer.” Possibly this measure will be reintroduced in the coming session.

The Introduction has been omitted in this edition, and certain matters treated in the Introduction in former editions have been relegated to the text. Young

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