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URL: http://www.bailii.org/scot/cases/ScotCS/1777/Mor0401648-205.html
Cite as: [1777] Mor 1648

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[1777] Mor 1648      
Subject_1 BILL OF EXCHANGE.
Subject_2 DIVISION V.

Bills by the lapse of time lose their Privileges.

Elliot
 v.
M'Kay

Date: 16 July 1777
Case No. No 205.

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Compensation was proponed against a bill in the hands of an onerous indorsee, which had lain over two years after its date, and eighteen months after the term of payment, without any demand been made, or diligence used.——The Lords were of opinion, That the statute 12th Geo. IH. ought to make an alteration of the former practice of the Court in similar questions; and therefore they found, That in the present case compensation was not proponable.

 Fol. Dic. v. 3. p. 91.

See Compensation.

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/1777/Mor0401648-205.html