Is there any reason why a third party bank has not indorsed any of the cheques in order to process payment?
Ontario, Canada
The following excerpt is from R. v. Bank of Montreal, 1906 CanLII 18 (ON CA):
The third party banks not having indorsed any of these cheques, there was no person to whom it would have been necessary to give notice of dishonour in case payment had been refused, and there is no ground for the application of the strict rule laid down in Cocks v. Masterman (1829), 9 B. & C. 902, and
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