Subject_1 BILL OF EXCHANGE.
Thomson
v.
Colvill
1749 ,Feb .1 .
Case No.No. 43,
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A bill was accepted by Colvill to Spence of L.51. 6s. July 1742, payable in six months, but was not protested. 20th August 1744, Spence accepted to Thomson for L.47, and indorsed to him this bill in security, under back declaration that it was in security, and he not obliged to do diligence; and in fact none was done till 1746, when Spence was bankrupt. Thomson sued Colvill, who in defence proponed compensation and retention for relief of debts. On Justice-Clerk's report, we sustained the defence.
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