This section is from the book "The Law Of Contracts", by Samuel Williston. Also available from Amazon: Treatise on the Law of Contracts.
Letter of Advice
(American Conference Form A)
1. Revocable and Unconfirmed Letter of Advice. No.....
3. Messrs.............................................
5. Dear Sirs:
6. We are informed by...............................
7. that........................................... has
8. opened a credit available by your drafts on.............
9................................................. at
10........................up to an aggregate amount
11. of......................................... (figures)
12......................................,.....(words)
13. for invoice cost of....................................
14. Each draft drawn and negotiated under this credit must
15. be accompanied by.................................
16....................................................
17....................................................
18....................................................
19. purporting to evidence and cover shipment to..........
20. Insurance to be effected by.........................
21. As we have not been advised that this is an irrevocable
22. credit, it is subject to modification or cancellation by our
23. correspondent or ourselves at any time without notice,
24. and this advice, being simply for your guidance in preparing documents, conveys no engagement.
25. In any event, drafts presented on us after............
26..........................will not be honored.
1 These forms were prepared and have been approved by the Merchants' Association of New York and by a conference of other commercial organizations and banks.
27. All drafts drawn under this credit must be marked:
28. "Drawn under the..........................Bank
29. adviceNo.........................,dated........."
30. The provisions printed on the back hereof are incor-
31. porated as a part of this advice, which otherwise is to be
32. construed according to the law and custom of the place
33. where the drafts are to be presented.
Very truly yours,
.................................
...............................................
Credit Advice
(American Conference Form B)
1. Irrevocable and Unconfirmed Credit Advice. No.......
3. Messrs.............................................
4...................................
5. Dear Sirs:
6. We are informed by..............................
7. that they have opened an irrevocable credit available by
8. your drafts on......................................
9....................................................
10. at.........................................up to an
11. aggregate amount of..........................(figures)
12............................................ (words)
13. for invoice cost of...................................
14. Each draft drawn and negotiated under this credit
15. must be accompanied by.............................
16....................................................
17....................................................
18....................................................
19. purporting to evidence and cover shipment to...........
20. Insurance to be effected by..........................
21. Our correspondent advises us that their credit is irrevo-
22. cable provided the relative documents are presented and
23. surrendered at this office not later than................:
24. they have not authorized us to confirm it and this advice
25. conveys no engagement on our part.
26. All drafts drawn under this credit must be marked:
27. "Drawn under the...........................Bank
28. advice No.................., dated............."
29. The provisions printed on the back hereof are incor-
30. porated as a part of this advice, which otherwise is to be
31. construed according to the law and custom of the place at
32. which the drafts are to be presented.
Very truly yours,
.................................
................................................
Letter of Credit (American Conference Form C)
1. Irrevocable and Confirmed Letter of Credit. No........
3. Messrs.............................................
5. Dear Sirs:
6. By order of.......................................
7. you are authorized to draw upon us at...............
8............................sight up to an aggregate
9. amount of..................................(figures)
10............................................ (words)
11. for account of......................................
12. for invoice cost of...................................
13. Each draft drawn and negotiated under this credit must
14. be accompanied by..................................
15....................................................
16....................................................
17....................................................
18. purporting to evidence and cover shipments to..........
19. Insurance to be effected by.........................
20. Our correspondent advises us that this credit is irrevo-
21. cable. We hereby engage that drafts drawn under and in
22. compliance with its terms will be duly honored upon pre-
23. sentation and surrender of the relative documents at this
24. office not later than.................................
25. All drafts drawn under this credit must be marked:
26. "Drawn under the..........................Bank
29. credit No........................dated.........."
30. The provisions printed on the back hereof are incorpo-
31. rated as apart of this credit, which otherwise is to be con-
32. strued according to the law and custom of the place at
33. which the drafts are to be presented.
Very truly yours.
................................
................................................
Contract for Sale of Silk Approved by Silk Association of
America
MEMBER OF THE SILK ASSOCIATION OF AMERICA
ORDER
Our Order No............
Your Order No...........
Given to.......................
(Name of Manufacturer)
(Address)....................
By.............................
(Name and address of Purchaser)
Terms.........
Subject to Rule No. 3.
Time of Delivery.........
Shipping Instructions:-
QUANTITY | QUALITY | WIDTH | LOTH. OF PCS. | DESCRIPTION | |
• |
Signature of Purchaser
By.................
Signature of Seller
By.................
 
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