Dictionary:
Ballentine's Law Dictionary
An acknowledgment of the bank of its indebtedness to the payee of the order. See 1-86 111. 440, 78 Am. St. Rep. 2M, 53 L. R. A. 232, 57 N. E. 1061.
Author:
James A. Ballentine
Publisher:
The Bobbs-Merrill Company
Copyright Holder:
Bancroft-Whitney Company