INFANT-continued.

contracts made in the course of trade, 68.

ratification of contracts made by an infant must have been in

writing, 68.

promissory note for necessaries, 69, 407, note (0).

party to a note with an adult, 70.

blank acceptance, 69.

infant partner, 70.

what title infants, parties to a bill, can convey to other parties,

38, 70.

INFANTS' RELIEF ACTS, 69, 407, note (v), and Appendix, 495, 526.

INTEREST,

its nature, 439.

when recoverable, 439.

how much, 443.

where made payable by the instrument, and where no', 439.

on bill or note payable on demand, 440.

from what period it runs, 440.

as against an indorser, 441.

how bankers should charge it on cheques, 26, 442.

to what period computed, 441.

when money paid into Court, 441.

when engagement to give a bill will create a liability to, 442.

INTEREST-continued.

in trover, 442.

after tender, 442.

proceeding for, after payment of principal, 363, 442.
effect under Stamp Act of reserving, 132.

when not recoverable, 442, 445, note (b), 452.

on foreign bill or note, 386.

proof for, in bankruptcy, 465, 466.

special indorsement on writ carries, 414, 439, note (y).

surety entitled to, and liable for, on contract of indemnity, 334,
443.

when a claim for interest can be specially indorsed and when not,
439, note (y).

INTOXICATION. See Drunkenness.

IOU,

what it is, 12, 34.

need not be stamped, 34.

otherwise, if it amount to an agreement, 35.
need not be ad Iressed to creditor, 35.

bill in equity lay to discover consideration of, 36.
when action on it will be restrained, 36, 399.

IRREGULAR BILL OR NOTE. See Informal Bills.

ISSUE,

first delivery is in general, 6, 178, 266.
not mere signing name, 6, 383, note (e).
in case of an accommodation bill, 339.
re-issue, 183, 201, 301.

J.

JOINDER IN ACTIONS, 406-408.

of partners, 58, 407, 408.

of causes of action, 410.

JOINT AND SEVERAL NOTE,

what it is, 8.

evidence that one maker is surety, 9, 177, note (s), 324.

JOINT STOCK COMPANIES,

whether directors or members can bind company by bills, 83.

notice of dishonour to a member, 242, note (c).

effect of registered deed or memorandum, 85.

JUDGMENT RECOVERED,

its effect, 314.

by default, after illegal consideration, 170.
interest on, 441.

JUDICATURE ACTS AND RULES, 401. See Action.

K.

KNOWLEDGE,

means of, whether equivalent to, 147, 225, 246, 343, note (k).

L.

559

LACHES. Sce Presentment; Notice of Dishonour; Principal and
Surety; and Crown.

LADING, BILL OF,

in what sense assignable at common law, 3, note (7).
now assignable by statute, 3, note (1).

LANGUAGE,

in which a bill may be written, 88.

LAPSE OF TIME,

where a bar, independently of the Statute of Limitations, 306, 372.
See Statute of Limitations.

LARCENY OF BILL OR NOTE,

statutable felony, 209.

bill, how described in indictment, 349.

LEGACY,

when it will amount to payment, 303.

when a bill or note might have operated to bequeath, 5.

of bankers, 3, note (7), 204.
power of sale in cases of lien, 205.
when determined by a bill, 378.

when it revives, 379.

not destroyed by mutual credit, 473.

bill of exchange conveys none, 21, 25.

constitutes a holder for value, 144, note (k), 202, note (h).

not barred by Statute of Limitations, 357.

LIMITATIONS, STATUTE OF,

policy of the law, 355.

when introduced, 355.
the present statute, 355.

its general effect, 356.

does not destroy the debt, 356.

foreign Statute of Limitations, 357, 388.

what proceedings it limits, 357.

LIMITATIONS, STATUTE OF-continued.

as to the former exception of merchants' accounts, 355, note (a).
effect of statute on subsequent indorsee, 357.
when it begins to run, 358.

on a bill payable after date, 358.

on bill to be delivered on a contingency, 358.
payable by instalments, 358.

against an administrator, 358.

on a bill after sight, 359.

on a bank note, 359, note (d).

on a bill at sight or on demand, 359.

after demand, 360.

in case of fraud, 360.

in case of accommodation bill, 360.

where there has been both non-acceptance and non-payment, 360.
up to what period of the suit, time of limitation computed, 361.
death of parties after action, 361.

how issuing a writ may obviate statute, 362.

the saving clause, 362.

infants, married women, lunatics, prisoners, and parties abroad,
362.

signature of party chargeable, 370.

effect of verbal admission, 370.

statute retrospective, 371.

entries on the bill, 371.

plea and replication of the statute, 372.

presumption of payment, 372.

lapse of time, independent of statute, when a bar, 306, 372.

LIQUIDATION,

effect of discharge under, 330.

LIQUIDATORS, 86.

LOAN SOCIETIES,

no stamp on instruments issued by, 131.

LORD TENTERDEN'S ACT, 363.

LOSS OF BILLS AND NOTES, 390.

title of the finder, 390.

title of the finder's assignee, 390.

proper course for the loser, 391.

cannot bring an action against the Postmaster-General, 390.
public notice of loss, 391.

presentment and notice of dishonour, 392.

whether an action lies at common law on a destroyed bill, 392.
will not lie at common law on a lost bill, 393.

at least not unless not negotiable, 394.

bill in hands of adverse party, 392.

loss after action brought, 394.

loss of half notes, 394.

trover for lost bills, 395.

action for money had and received, 395.

lost bill when a payment, 396.

when payment of a lost bill protected, 297.

a court of law had no jurisdiction under the 9 & 10 Will. 3, c. 17,
s. 3...395, note (h).

application for duplicate, 395.

indemnity to be given by the loser, 396.

proof in bankruptcy of a lost bill, 460.

on whom the loss of a bill or note sent by post will fall, 396.

whether an action will lie on the consideration of a lost or

destroyed bill, 393.

pleading, 394.

presumption as to stamp on, 134, 396.

loss of one of a set, 125.

LUNATIC,

bill or note by, 72.

pleading, suing and being sued, 72, 405, 407.

M.

MAKER,

of a promissory note, who he is, 6.

contract of, 13.

presentment to, for payment, not in general necessary, to charge,

14, 101, 293.

unless made in body of it, payable at a particular place, 14,
note (z), 101, 293.