Chris Evan
So, someone presents me with a BILL. I ask for advice (instruction on BILL) on the REMITTANCE. Without advice, I can dishonor the BILL. With advice?....They would instruct me on REMITTANCE? Which is money in specie, BoE, a check, or otherwise.
What is BILL OF EXCHANGE? A written order from A. to B., directing B. to pay to C. a certain sum of money therein named. Byles, Bills, 1. An open (that is, unsealed) letter addressed by one person to another directing him, in effect, to pay, absolutely and at all events, a certain sum of money therein named, to a third person, or to any other to whom that third person may order it to be paid, or it may be payable to bearer or to the drawer himself. 1 Daniel, Neg. Inst. 27. A bill of exchange is an instrument, negotiable in form, by which one, who is called the “drawer,” requests another, called the “drawee,” to pay a specified sum of money. Civil Code Cal.
What is DRAWER? The person making a bill of exchange and addressing it to the drawee.Stevenson v. Walton, 2 Smedes & M. (Miss.) 265; Winnebago County State Bank v.Hustel, 119 Iowa, 115, 93 N. W. 70.
So, I can make a Bill of Exchange to pay a BILL? or am I not following this?
Printed copy · Anthology Volume 2, page 775
