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This word, when written by the drawee on a bill of exchange, amounts to an acceptance by the law merchant Spear v. Pratt 2 Hill (N. Y.) 582, V Am. Dec. 600 Barnet v. Smith, 30 N. H. 256, 64 Am. Dec. 290; Peterson v. Hubbard, 28 Mich. 197.

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