The Law of Negotiable Instruments including Promissory Notes, Bills of Exchange, Bank Checks, and other Commercial Paper. Quotes

“Alien enemies are those who are subjects of different sovereignties which are at war with each other. In some cases, war simply suspends the contractual powers of aliens and does not terminate them. But in no case will communications or transfers of property or money across the line of hostilities be permitted.^”
― James Matlock Ogden, The law of negotiable instruments, including promissory notes, bills of exchange, bank checks and other commercial paper, with...

“It would be impossible to transact business of any magnitude today if cash payments were required. We see the truth of this when we consider that more than 90% of all commercial transactions are estimated to be carried on today by the medium of commercial paper or negotiable instruments.”
― James Matlock Ogden, The law of negotiable instruments, including promissory notes, bills of exchange, bank checks and other commercial paper, with...