Journal of the Institute of Bankers, Volume 49

Front Cover
Institute of Bankers., 1928
 

Other editions - View all

Common terms and phrases

Popular passages

Page 261 - The general rule is, that the master is answerable for every such wrong of the servant or agent as is committed in the course of the service and for the master's benefit, though no express command or privity of the master be proved.
Page 481 - England, expressed to be payable to bearer on demand, shall be a legal tender, to the amount expressed in such note or notes, and shall be taken to be valid as a tender to such amount for all sums above five pounds, on all occasions on which any tender of money may be legally made, so long as the Bank of England shall continue to pay on demand their said notes in legal coin...
Page 484 - ... the Treasury think proper. (2) Any authority so given may be renewed or varied from time to time on the like representation and in like manner : Provided that, notwithstanding the foregoing provision, no such authority shall be renewed so as to remain in force (whether with or without variation) after the expiration of a period of two years from the date on which it was originally given, unless Parliament otherwise determines. (3) Any minute of the Treasury authorising an increase of the fiduciary...
Page 483 - ... years, and as if, in the case of any such notes being transferred currency notes, they had been issued on the appointed day and, in the case of any such notes not being transferred currency notes, they had been issued on the last day on which notes of the particular series of which they formed part were issued by the Bank. 8. (1) If the Bank at any time represent...
Page 484 - Acts." (2) This Act shall not extend to Scotland or Ireland. (3) This Act shall come into operation on the appointed day, and the appointed day shall be such day as the Board of Education may appoint, and different days may be appointed for different purposes and for different provisions of this Act...
Page 482 - Bank, including payment of bank notes : (b) the holders of bank notes for five pounds and upwards shall be entitled, on a demand made at any time during office hours at the head office of the Bank, or in the case of notes payable at a branch of the Bank, either at the head office or at that branch, to require in exchange for the said bank notes for five pounds and upwards bank notes for one pound or ten shillings. (4) The Bank shall have power, on giving not less than three months...
Page 570 - Three days, called days of grace, are, in every case where the bill itself does not otherwise provide, added to the time of payment as fixed by the bill, and the bill is due and payable on the last day of grace...
Page 441 - Fisheries (hereinafter referred to as the Minister) with the approval of the Treasury to undertake that, if such a company having such objects and complying with the provisions hereinafter contained is incorporated, he will— (1) make advances to the company (for the purpose of establishing a guarantee fund), not exceeding in the aggregate seven hundred and fifty thousand pounds, and not at any time exceeding in the aggregate the amount at that time of the paid-up share capital of the company ;...
Page 483 - Bank shall have power, on giving not less than three months' notice in the London, Edinburgh and Belfast Gazettes, to call in the transferred currency notes on exchanging them for bank notes of the same value. (4) Any currency notes called in but not cancelled before the appointed day may be exchanged for bank notes of the same value. 5. — (i) On the appointed day, in consideration of the Bank undertaking liability in respect of the transferred currency notes...
Page 503 - ... of every person to whom the same shall belong, together with a declaration whether such person is of full age or a married woman living with her husband, or a married woman, for whose payment of the duty hereby charged on her, the husband is not accountable by this act, or resident in Great...

Bibliographic information