Maker And Drawer - Law Dictionary Search Results
Maker and drawer
Matched in: Term Maker and drawer
Drawer, Drawee
Matched in: Term Drawer, Drawee
Indorsement
see North and South Wales Bank v. Macbeth, 1908 AC 137. See also DEED; MORTGAGE; RECEIPT. When the maker or holder of a negotiable instrument signs the same, otherwise than as such maker, for the purpose of … note, until the contrary is proved. As to the recovery of the amount of the cheque by the drawer, after payment obtained by a forged indorsement, see North and South Wales Bank v. Macbeth, 1908 AC 137.
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Presetment of Bill of Exchange, Cheque, or Pro-missory Note
an indorser for payment of, a cheque to the banker for payment, and of a note to the maker or indorser for payment. The law on this subject is regulated by the (English) Bills of Exchange Act, … be dispensed with by the drawee being a fictitious person, or by waiver or impracticability of presentment, the drawer and indorsers are discharged. 'Where the bill is not payable on demand, presentment must be made on the
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