[1731] Mor 8222
Subject_1 LETTER OF CREDIT.
Date: Earl of Dundonald
v.
Watson
30 November 1731
Case No.No 3.
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A party who advances money upon a letter of credit, must duly, as in the case of bills, intimate to the writer of the letter, that he has not got payment of the money advanced upon the faith of the letter, otherwise he is not entitled to recourse. This was in the case of an inland letter of credit. See Appendix.
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