CROSSED BANK NOTES.
[' British Trade Journal.']
Itinuing his career as a Bank er, Sir John Lubbock is about ce an innovation in our paper cy, which will be highly appreby all. classes of the commercial mity. He has brought in a bill dise the crossing of bank notes he manner of cheques. It will large bank notes to be sent by the post, though it must be ed that such bank notes not legal tender (the Act provides ley shall cease to be legal tender linary purposes as soon as they ossed), they will not be available settlement of purchases of land), will not be available in the nent of purchases of land—in case it is thought essential only t with the title to the land on iceipt of the purchase-money iu ?gal tender. In all other cases rejection given by the "crossing" e quite sufficient, and be very 1- In answer to the objections I against the measure, some of i are too fantastic to need notice, ybe said that it is purely perve, and all who choose may refuse rossed notes, so that a trial of the ■iment will incenvenience nobody.
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Westport Times, Volume VI, Issue 1008, 27 September 1872, Page 3
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193CROSSED BANK NOTES. Westport Times, Volume VI, Issue 1008, 27 September 1872, Page 3
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