Results 1 to 10 of 163

Thread: Redemption of Lawful Money at US Bank

Threaded View

Previous Post Previous Post   Next Post Next Post
  1. #25
    Quote Originally Posted by freedave View Post
    This is way beyond my familiarity with the subject.
    http://admiralty.uslegal.com/saving-to-suitors-clause/

    DISTRICT. A certain portion of the country, separated from the rest for some special purposes. The United States are divided into judicial districts, in each of which is established a district court; they are also divided into election districts; collection districts, &c. (Source)
    ACCOMODATION, com. law. That which is done by one merchant or other person for the convenience of some other, by accepting or endorsing his paper, or by lending him his notes or bills.

    2. In general the parties who have drawn, endorsed or accepted bills or other commercial paper for the accommodation, of others, are, while in the hands of a holder who received them before they became due, other than the person for whom the accomodation was given, responsible as if they had received full value. Chit. Bills, 90; 91. See 4 Cranch, 141; 1 Ham. 413; 7 John. 361; 15 John. 355, 17 John. 176; 9 Wend. 170; 2 Whart. 344; 5 Wend. 566; 8 Wend. 437; 2 Hill, S. C. 362; 10 Conn. 308; 6 Munfd. 381. (Source)
    Hand-book of the Law of Bills and Notes

    Kinds of endorsement

    This getting deeper into several areas mainly American Admiralty/Maritime Law, negotiable instruments, and Lex Mercatoria.
    Last edited by shikamaru; 02-12-12 at 01:10 PM.

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •