Welsh Newspapers

Search 15 million Welsh newspaper articles

Hide Articles List

37 articles on this Page

A WARNXSGTOCOMMERCIAL MN.

News
Cite
Share

A WARNXSGTOCOMMERCIAL MN. REMARKABLE CASE OF BILL DRA WING. PLAIM AGAINST THE EARL OF 0JJA LONDBSEOROUGH. The House of Lords gave judgment yesterday in a case of considerable interest to the commer- cial community. The Earl of Londesborough was acceptor of a bill for J3500, but the instrument was so framed by the drawer that he left spaces into which he could put the words as well as the figure to convert it into a bill for £ 3,500. The bill when accepted bore a stamp which covered the fraudulently altered amount. The Earl of Londesborough was suedjby the bona. fide holder for the value, on the ground that but for his negligence the fraud could not have been committed. The Earl denied that he had been- guilty of negligence or that he could be held responsible for the subsequent fraud of the drawer. This view of the case was taken by Mr Justice Charles, who admitted that an acceptor of a negotiable instrument did incur a duty to those who subsequently took it not to be guilty of negligence with reference to the form of the instrument, but that Lord Londesborough had not been guilty of such negligence as to render him liable for the fraud. The Court of Appeal, Lord Justice Lopes dissenting, took a aimilar view. The Lord Chancellor, in moving that the appeal should be dismissed, held that there was nothing suspicious in the appearanco of the bill when tendered to Lord Londesborough for acceptance calculated to put him on his guard. It would be a very serious proposition to lay down that minute examination of every bill tendered for acceptance should be made, and a considera. tion of how far its form might give an opportunity to a forger to forge and escape detection. The appeal was accordingly dismissed with costs.

- --------SOCIALIST CONGRESS.

RAILWAY ACCIDENT IN THEI RHONDDA…

ILFRACOMBE FIRE. _.w-----

------_._--_.---.-FAIR WATER…

-------------.-AN OLD MAN'S…

LONDON LETTER. .

-----------THE LLANDAEF FIELDS.

TO-DAY'S WEATHER. 4.30 A.M.…

1,LYNVI FATAL ACCIDENT t)N…

RISING IN RHODESIA.

---_-------_. WHOLESALE MURDERS…

LOSS OF A GERMAN GUNBOAT,…

-------___----------CUBAN…

JEALOUSIES IN THE FAREAST

-----..---AFFAIRS IN CHINA.

---------VENEZUELAN DISPUTE.

-"' -----------FATAL FALL…

1 THE SOUDAN EXPEDITION. .

-. -------------RAILWAY DISASTER.

FIGHTING ON THE CONGO.

1 1WI AMERICAN PRESIDENTIAL…

FRENCH MILITARY TRAGEDY, j

-----_-LORD WOLSELEY'S SLUR…

---THE AMEER FLATTERS HIMSELF.!

Advertising

DR. JIM AND HIS COMRADES.…

THE CRETAN OUTBREAK. -.-----

THE NAVAL MANOEUVRES.

- --.----" BATTERSEA SHOOTING…

-_---__-------BOMB EXPLOSION…

FLOODS IN INDIA.

- -----"---GERMANS IN EAST…

DISCHARGE OF BRITISH SEA-,…

---.----.-------.-MADAME PATTI…

------._----------LAST NIGHT'S…

--IMINING ACCIDENTS RELIEF.…