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[1741] Mor 1422      

Subject_1 BILL OF EXCHANGE.
Subject_2 DIVISION I.

Of the Object, Nature, and Requisites of Bills.
Subject_3 SECT. IV.

Of Bills with clauses stipulating Annualrent and Penalty.

M'Neil
v.
Campbell

Date: 24 January 1741
Case No. No 24.

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I find in the day-book of interlocutors, that, on report of Lord Kilkerran, the Lords sustained the objection to a bill, that it stipulated annualrent 17 days before the date.

And, of the same date, The Lords found, on report of Lord Justice Clerk, That a bill was good, though it bore a clause with penalty conform to law, because, by law, there was no penalty due.

Fol. Dic. v. 3. p.75. C. Home, No 162. p. 274.

The electronic version of the text was provided by the Scottish Council of Law Reporting     


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URL: http://www.bailii.org/scot/cases/ScotCS/1741/Mor0401422-024.html