The notice given by the holder of a bill of exchange or promissory note, to a drawer or endorser on the same, that it has been dishonored, either by not being accepted in the case of a bill, or paid in cue of an accepted bill or note. 2. It is proper to consider, 1. The form of the notice; 2. By whom it is to be given; 3. To whom. 4. When; 5. Where; 6. Its effects; 7. When a … [Read more...]
NOTITIA
Lat. Knowledge; information; intelligence; notice. Notitia dicitnr a noscendo; et notitia non debet clandicare. Notice is named from a knowledge being had; and notice ought not to halt, [i.e., be imperfect.] 6 Coke, 29. … [Read more...]
NOTE (VERB)
v. To make a brief written statement; to enter a memorandum; as to note an exception. Note a bill. When a foreign bill has been dishonored, it is usual for a notary public to present it again on the same day, and, if it be not then paid, to make a minute, consisting of his initialst the day, month, and year, and reason, if assigned, of non-payment. The making of this minute is … [Read more...]
NOTE OF HAND
contracts. Another name, less technical, for a promissory note. … [Read more...]
NOTE(NOUN)
n. An abstract, a memorandum; an informal statement in writing. Also a negotiable promissory note. See BOUGHT NOTE; NOTES; JUDGMENT NOTE; PROMISSORY NOTE; SOLD NOTE. Note of a fine. In old conveyancing. One of the parts of a fine of lands, being an abstract of the writ of covenant, and the concord; naming the parties, the parcels of land, and the agreement. 2 Bl. Comm. 351. … [Read more...]