Negotiable note
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 13 U.S. 9 - Mandeville v. The Union Bank of Georgetown · 1815Most cited · 10 citing opinions
waiver of offsets
By making a note negotiable in bank, the maker authorizes the bank to advance on his credit to the owner of the note the sum expressed on its face. It would be a fraud on the bank to set up offsets against this note in consequence of any transactions between the parties. These offsets are waived and cannot, after the note has been discounted, be again set up.
How often courts cite the case defining “Negotiable note”
Court decisions citing the opinion that defined “Negotiable note” — 10 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.