BILL  OF  BOTTOMRY,
See  pott,  Shipping.
BILL  OF  CREDIT,
See  post,  Lettebs.
BILLS  OF  EXCHANGE,  PROMISSORY  NOTES

AND  CHECKS.
•  Definition.
\.  Bills  of  Exchange  are  umple  Con-
tracts.
U  Distinguished  from   simple   Con-
tracts^ in  what.
Effect  qf  altering  a  Bill  of  Ex-
change.
Consideration.
Negotiability.
I.  BILLS  OF  EXCHANGE.
4.  Particular  Qualitia  of  Bills  of  Ex-
change.
h  Parties  to  the  Contract.
5.  Division  of  the  Subject,

1.  fTho  may  he  Parties  to
the  Contract.
6.  Persons  not  Merchants.
7.  Corporations:


494


BILLS  (BXCHAMOB).
8.  Infants,

9.  Femes  coverl.
10.  Agents.
11.  Partners,
Spiritual  Persons,

12.  Exectitors.
2.  Number  and  Character  of

Parties.
13.  Who  usually  Parties.
14.  Three  Persons  Parties.
15.  Acceptor^  Sfc/or  Honour.
3,  Rights  and  Liabilities  of

Parties,

16.  Rights  and  Liabilities  in  generaL

17.  Drawer.
Right  of  Action.
17.  Liability  of  Dratoer  to  Holder,
Presentment  and  Notice  to  Drawer.
18.  Effect   of  Indulgence   as  to  a

Drawer.
19.  Interest  payable  by  Drawer.
20.  Liability  of  Indorser.
21.  Notice  to  Indorser.
22.  Effect  of  Indulgence  to  Indorser.
23.  Liability  of  Acceptor.
24.  Acceptor  may  revoke  his  Accept-

ance.
25.  Not  intitled  to  Presentment,
Or  Notice  of  Non-payment.
26.  Interest  payable  by  Acceptor.
27.  How  discharged  from  his  Liability,
Renunciation  by  Holder,
Cancellation  a  Waiver.
Extinguishment,

II.  Form  of  the  Instrument.
28.  Requisites  of  the  Instrument.
To  be  in  Writing,

29.  In  what  Particulars,

1.  Place  where  made.
30.  Dating  tlie  Place  usual  and  neces-

sary.
2.  Date.
31.  Eff'ect  of  omitting  Date,

3.  Sum  superscribed.
32.  Mode  of  Superscription,

4.  Time  when  Payable,

33.  Effect  of  not  stating  Time.
After  Sight.
5.  Ward*' Pay,"

34.  Effect  of  the  Word^

6.  Payable  upon  ConStion,

35.  What  U  a  good  BiU  or  otkam
As  to  the  Mode  ofPaymenL

7.   The  Payee.
36.  To  whom  made  payable.
