1. SOME 'PROBLEMS IN OVERDUE PAPER.
- Author
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Jones, Francis R.
- Subjects
- *
LAW , *NEGOTIABLE instruments , *COMMON law , *CUSTOMARY law , *COMMERCIAL law - Abstract
This article discusses various issues related to law and theories of overdue negotiable paper. There are three theories of overdue negotiable paper, no one of which has been consistently adopted by the common law. It is consequently difficult, if not impossible, to get either a correct perspective from which to view the cases or an absolute standard by which to measure their correctness. It appears to the article author to be impossible to follow the ordinary method and test the correctness of a case relating to overdue negotiable paper by the application. of the logical deduction and modification of the principles which, underlie the law of negotiable paper before maturity, because to do so would be to condemn almost every case to the limbo of legal error.
- Published
- 1897
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