THE LIBRARY
OF
THE UNIVERSITY
OF CALIFORNIA
LOS ANGELES
SCHOOL OF LAW.
* /
THE LAW
OP
NEGOTIABLE
INSTRUMENTS
INCLUDING
PROMISSORY NOTES, BILLS OF EXCHANGE, BANK CHECKS AND OTHER COMMERCIAL PAPER
WITH
THE NEGOTIABLE INSTRUMENTS
LAW ANNOTATED
AND
FORMS OF PLEADING, TRIAL EVIDENCE AND COMPARATIVE TABLES ARRANGED ALPHABETICALLY
BY STATES
BY
JAMES MATLOCK OGDEN, LL.B., HARVARD
OF THE INDIANAPOLIS BAR
SECOND EDITION
CHICAGO
CALLAGHAN & COMPANY
COPYRIGHT 192a
BY
CALLAGHAN & COMPANY
T
PREFACE TO FIRST EDITION
The importance of the Law of Negotiable Instruments, or the Law of Bills, Notes and Checks, will be realized when it is considered that over ninety per cent, of the work of paying for and effecting the exchange of interstate commerce is carried on today by means of commercial paper.
It has been the endeavor of the author to furnish the practitioner and the student of the law such a practical presentation of the elementary principles of negotiable instruments as may serve, with the aid of its references to judicial decision, as a complete and convenient guide in this important subject of the law.
The law herein set out is the law settled by the authorities rather than the writer's own views. The object has been to enable one readily to find the law of bills, notes and checks in any state or territory in the United States. The peculiarities of the law in…