An important decision regarding the validity in local courts of pro-misery notes made out in Shanghai according to the requirements of Shanghai banks (or British Jaw) was given during the week at the French Mixed Court, in finding a verdict for plaintiff in the case of Sheshiskin—v. Block. Mr. Sheshiskin claimed $500 in respect of five promissory notes endorsed by a Mr. Galperin in plaintiff's favour, which defendant refused to honour.
The Court disposed of the contention of the defendant. that the notes were void because they were not made out according to French law, which prescribed that the date of the endorsement should be made on the notes, by holding that they had not been made out in the country of the court referred to. Furthermore the notes were made out the International Settlement and not in the French Concession. The question was one of International Law, involving the old formula of Tocus regit actu, which would be upheld by the French Mixed Court.
Mr. A. N. Fishman appeared for plaintiff and Maitre lo Goullee for
Text read from the printed page and cleaned; old type leaves the occasional error.