Steele and Others (Walker’s Trustees) v M’Kinlay: HL 14 Jun 1880

Held (aff. judgment of the Court of Session) that the mere signature of a party, not the drawer or drawee of a bill, upon the back thereof, there being no words of acceptance prefixed and no evidence of an intention to become an acceptor, was insufficient, according to the provisions of the 6th section of the Mercantile Law Amendment Act, to infer an undertaking by the person so signing to be answerable for the amount of the bill.

Judges:

Lord Chancellor Selborne, Lord Hatherley, Lord Blackburn, and Lord Watson

Citations:

[1880] UKHL 806, 17 SLR 806

Links:

Bailii

Jurisdiction:

Scotland

Banking

Updated: 11 June 2022; Ref: scu.635634