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Cheque Or Acceptance Signed For A Firm By An Attorney, Presented After The Attorney's Death |
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This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Question 200. - Would a bank be justified in refusing payment of a cheque signed by, or a bill accepted by, a person holding a power of attorney for a firm and signing as such, after having received advice of the attorney's death?
Answer. - Assuming that the cheque or bill had been delivered before the attorney's death, the bank should not refuse payment because of his death.
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