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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: Murray
v.
Calder
23 July 1776 Click here to view a pdf copy of this documet : PDF Copy
A bill indorsed before the term of payment must be negotiated, in order to afford recourse against the drawer or indorser; but, if the term of payment is past before indorsation, strict negotiation is neither practicable nor necessary to found recourse against the drawer. See Kilk., p. 87, Forbes against Young. Accordingly the Lords, this day, 23d July 1776, in determining a cause, Murray against Calder, approved of this decision Forbes against Young; and held it for law.
The electronic version of the text was provided by the Scottish Council of Law Reporting