Cheques Act 1870 (SA)

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VICTO

REGIN&.

An Act to amend the L a w relating to the Endorsement of

Cheques,

44

DmfSs, or O~ders.

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[Assented to, l Sth January, 1871.1

HEKEAS it is desirable to amend the Law relating to the

W Endorsement of Chequcs, Drafts, or Orders on Bankers- Be it therefore Enacted by the Governor of South Australia, with

the advice and consent of the Le~islative Council and House of Assembly of the said Province, In this present Parliament as- sembled, qs follows:

1. Any cheque, draft, or order Lirawn upon a banker for a sum Endorsement on

for payment, purport to be entlorsed by the person to whom the

of money payable to order on demand, which shall, when presented ~ ~ { ~ ~ ~ e ~ ~ 2 ~ ' 8

same shall be m payable, shall be a sufficient authority to such banker to pay the amount of such cheque, draft, or order, to the bearer thereof; and it shall not be incumbent on such banker to prove that such endorsement or any subsequent endorsement was made by or under the sauctia or authority of the person to whom the said cheque, draft,=er was or is made payable, either by the drawer or any endorser thereof.

2, I n the construction of this Act the word "Banker " shall include any person or persons, or Corporation or Joint Stock Company, acting as a banker or bankers.

f iCD

I n the name and on behalf of the Queen I hereby assent to

this Act.

JAMES FERGUSSON, Governor.

.S

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