Page:Harvard Law Review Volume 1.djvu/42

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ticket in such case, and that the rules regulating the use of bills of exchange would apply. Action would lie against the company, therefore, only upon the refusal of the second company to honor the ticket, followed by seasonable notice to the first company; unless, indeed, as is often the case,[1] the company issuing the ticket may be regarded as the agent of the other to accept the ticket.

Joseph H. Beale, Jr.

  1. See Young v. R.R. Co., 7 Atl. Rep. (Pa.) 741.