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'Take that,' cried the old man, tossing him the negotiable bill.
This difficulty cannot be overcome by a stipulation that the receipt message and the private key together are the equivalent of a paper based negotiable bill of lading.
A proposal to establish negotiable bills of credit on security of some branch of the royal revenue; Murray's credit bank proposals presage the scheme of John Law.
Only last week a distinguished officer I know assigned his half-pay for a lump sum: with this sum in his pocket in the form of negotiable bills he walks into a coffee-house.
The dualism (document and non-document of title) of the Pomerene straight bill of lading poses serious problems in jurisdictions where the concept of a document of title is synonymous with negotiable bill of lading.
In this sense, a common carrier's 'straight' or non-negotiable bill of lading is a document of title under United States law, especially since title to the goods (although not as full fledged a title as with a negotiable bill of lading) is acquired upon the transfer of a straight bill.