750 Ch. 31. No. 5.] Bills of Exchange.

CHAPTER 31. No. 5.

BILLS OF EXCHANGE.

AN ORDINANCE RELATING TO BILLS OF EXCHANGE,
CHEQUES, AND PROMISSORY NOTES.

[13th September, 1884.)

1. This Ordinance may be cited as the Bills of Exchange
Ordinance,

2. In this Ordinance-—

acceptance Means an acceptance completed by
delivery or notification ;

action includes counter-claim and sct-off;

banker — include. a body of persons whether
Incorporated or not who carry on the busine. of
banking;

bankrupt — include. any person whose estate is
vested in a trustee or assignee under the law for the
time being in force relating to bankruptcy ;

bearer means the person in possession of a bill or
note which is payable to bearer;

bill =means bill of exchange, and note — means
promissory note;

cent ’”? means one half-penny ;

delivery’? means transfer of possession, actual or
constructive, from one person to another;

dollar = means four shillings and twopence ;

holder means the payee or indorsee of a bill or
note who is in possession of it, or the bearer thereof;