This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Question 96. - We to-day had a bill payable at a chartered bank, and in accepting the same they simply put the stamp thereon without any initials or folio. Would this be considered a valid acceptance?
Answer. - The initials and folio are confirmatory of the stamped certification, and while desirable are not absolutely essential.
 
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