Subject_1 BILL OF EXCHANGE.
Date: Kerr
v.
Hugh Clerk
19 February 1751
Case No.No. 50.
Bills constituting a submission sustained.
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A submission being entered into not in the ordinary form, but by both parties mutually accepting bills to each other for a certain sum, and the creditor in each bill indorsing it blank, and so consigning both in the arbiter's hands, they gave their decreet-arbitral by delivering to one of the parties both bills; viz. his own acceptance discharged, and the other party's with a partial receipt filled up in the blank, which restricted the bill to the sum they thought due; and this bill being charged for and suspended, for that this was debording quite from the nature of bills as vehicles of commerce, and a dangerous precedent; yet the Court repelled the objection and sustained the bill.
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