Banker
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BANKER, com. law. A banker is one engaged in the business of receiving other
persons money in deposit, to be returned on demand discounting other
persons' notes, and issuing his own for circulation. One who performs the
business usually transacted by a bank. Private bankers are generally not
permitted.
2. The business of bankers is generally performed through the medium of
incorporated banks.
3. A banker may be declared a bankrupt by adverse proceedings against
him. Act of Congress of 19th Aug. 1841. See 1 Atk. 218; 2 H. Bl. 235; 1
Mont. B. L. 12.
4. Among the ancient Romans there were bankers called argentarii, whose
office was to keep registers of contracts between individuals, either to
loan money, or in relation to sales and stipulations. These bankers
frequently agreed with the creditor to pay him the debt due to him by the
debtor. Calvini Lex. Jurid.