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"Drawer", "Drawee"

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Full Text of the Document

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.... called the "drawer"; the person thereby directed to pay is called the "drawee". "Drawee in case of need". When in the bill or in any indorsement thereon the name of any person is given in addit....

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Full Text of the Document

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....or honour". When a bill of exchange has been noted or protested for non-acceptance or for better security, and any person accepts it supra protest for honour of the drawer or of any one of the indo....