Half Notes - Definition - Law Dictionary Home Dictionary Definition half-notes

Definition :

Half-notes. Sending the halves of bank notes is no payment, and the property in the meantime remains in the sender, Smith v. Mundy, (1860) 3 Ell & Ell 22. But see Redmayne v. Burton Lloyd & Co., (1860) 2 LT 324. (Issuing bankers bound to pay half-notes upon indemnity)