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A DIGEST

OF THE LAW OF

BILLS OF EXCHANGE.

OF THE LAW OF

BILLS OF EXCHANGE,

PROMISSORY NOTES AND CHEQUES.

BY

M. D. CHALMERS, M.A.,

OF THE INNER TEMPLE, BARRISTER-AT LAW.

SECOND EDITION.

OBLIOTHERA
1. OCT '581.)

LONDON:
STEVENS AND SONS, 119, CHANCERY LANE,

Law Publishers and Booksellers.

1881.

LONDON: BRADBURY, AGNEW, & co., PRINTERS, WHITEFRIARS.

PREFACE

TO SECOND EDITION.

In this edition I have added the cases which have been decided since the first edition was published. I have also added a chapter on Securities for Bills of Exchange. The new chapter deals with, among other things, the much disputed doctrine of Ec parte Waring. I have also added to the Appendix of Statutes, and have inserted in the body of the book the provisions of the Crossed Cheques Act, 1876, in their entirety, instead of paraphrasing and shortening them as was done in the first edition. A full Table of Contents has also been added.

Many of the articles have been re-drafted. Several of the re-drafted articles I have taken from clauses in the Bills of Exchange Bill, 1881, which I drafted under instructions from the Institute of Bankers. The Bill was introduced by Sir John Lubbock, in conjunction with Mr. Arthur Cohen, Sir John Holker, Mr. Lewis Fry, and Mr. Monk, and was read a first time on the 19th July. Its object is to reproduce the existing law relating to bills, notes, and cheques, in a codified form, leaving any amendments which might appear desirable to be introduced at a later stage. If it were to pass, it would, of course, to a great extent supersede this Digest, but at present that seems a very unlikely event.

M. D. C.
August 1, 1881.

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