[1775] 5 Brn 394
Subject_1 DECISIONS of the LORDS OF COUNCIL AND SESSION. reported by ALEXANDER TAIT, CLERK OF SESSION, one of the reporters for the faculty.
Subject_2 BILL.
Date: Richmond
v.
Elliot
5 August 1775 Click here to view a pdf copy of this documet : PDF Copy
By the late Bankrupt Statute, summary diligence by horning, &c. is authorised on all protested bills, against the accepters, indorsers, and drawers; and this whether the bill is protested for not-payment or not-acceptance. But then it is to be observed, that, in the case of the indorsers and drawer, it must always be understood that the bill is duly negotiated,—that is, protested within the days of grace, and the dishonour notified. In this particular, the Act of Parliament never was intended to make any difference; and so the Lords thought, 5th August 1775, Richmond against Elliot,—a bill of suspension reported by Lord Covington.
The electronic version of the text was provided by the Scottish Council of Law Reporting