This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Question 287. - A joint and several promissory note made by three parties is presented at maturity at the bank where it is payable and where one of the parties has an account with sufficient funds at credit to cover the note. Should the bank pat the note and chagre it to his current account?
Answer. - We think the bank ought not to pay the note on a customer's account without his instructions.
 
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