Subject_1 BILL OF EXCHANGE.
Date: Andrew Forbes,
v.
Fonnereau of London, Merchant
10 July 1741
Case No.No. 24.
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Bills sent by a merchant to his factor or correspondent, indorsed value in account, though he may discharge them or indorse them for value, yet, after his death, the merchant, for whose behoof they were sent, is preferable to his executors-creditors confirming these bills. Only they may be retained for security of any balance that may be due to the factor, or any engagements he may have come under for the merchant. (See Dict. No. 65. p. 1472.)
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