296 Cheque to Order of "AB, Treasurer," or "AB,
Description
This section of the book is from the "Canadian Banking Practice" book, by John T. P. Knight.
296 Cheque to Order of "AB, Treasurer," or "AB,
Executor."
Question 300.— A cheque is drawn to order of "AB, treasurer," or " AB, executor." Is the endorsement " AB " sufficient without the word " treasurer " or " executor " ?
Answer.—Such an endorsement would be sufficient, assuming that AB who endorses is the AB described in the cheque.
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