 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1878 - 366 pages
...denote that the signature of principal. the principal is placed on the bill by the hand of an agent, operates as notice that the agent has but a limited authority to sign, and the principal is only bound by such signature to the extent of the actual authority possessed by the agent.7 ILLUSTRATIONS.... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1881 - 742 pages
...signature of the principal is placed on the bill, note or cheque, by the hand of an agent, shall operate as notice that the agent has but a limited authority to sign, and the principal shall only be liable in respect of such signature if tho agent in so signing was acting within the... | |
 | India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...section shall affect the ratification of an unauthorized signature not amounting to a forgery. 25. A signature by procuration operates as notice that...a limited authority to sign, and the principal is only bound by such signature if the agent in so signing was acting within the actual limits of his... | |
 | W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...to plead that he had no authority to draw or accept. Procuration 25. A signature by procuration (a), operates as notice that the agent has but a limited authority to sign, and the principal is only bound by such signature if the agent in so signing was acting within the actual limits of his... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...denote that he signature of the principal is put on (he bill by the hand of an agent shall operate as notice that the agent has but a limited authority to sign, and the principal shall only be bound by such signature if the agent in so signing was acting within the actual limits... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...his customer with the amount so paid. 25. A signature by procuration operates as notice Procuration that the agent has but a limited authority to sign, and the principal is only bound by such signature if the agent in so signing was acting within the actual limits of his... | |
 | James Williams - Common law - 1883 - 290 pages
...65. Procuratio has acquired a peculiar commercial sense in England. In the case of bills of exchange, "a signature by procuration operates as notice that...a limited authority to sign, and the principal is only bound by such signature if the agent in so signing was acting within the actual limits of his... | |
 | James Walter Smith - Catalogs, Publishers' - 1884 - 164 pages
...section shall affect the ratification of an unauthorised signature not amounting to a forgery. 30. S. 25. A signature by procuration operates as notice that...a limited authority to sign, and the principal is only bouud by such signature if the agent in so signing was acting within the actual limits of his... | |
 | Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 286 pages
...act done is illegal and void; but if the act had been only voidable, it might have been ratified. 25. A signature by procuration operates as notice that the agent has but a limited authority to sign (a), and the principal is only bound by such signature if the Hgent in so signing was acting within... | |
 | Richard Hallilay - Civil procedure - 1884 - 678 pages
...be done without authority ? A.—That it is accepted by procuration by an agent, and such signature operates as notice that the agent has but a limited authority to sign, and the principal is only bound by such signature if the agent in so signing was acting within the limits of his authority... | |
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procuration"' operates as notice that the agent has but a limited authority to sign, and the principal is bound only in case the agent in so signing acted within the actual limits of his authority. 
