BEARER. One who bears or carries a thing.
3. It has been decided that the bearer of a bank note, payable to bearer, is not an assignee of a chose in action within the 11th section of the judiciary act of, 1789, c. 20, limiting the jurisdiction of the circuit court. 3 Mason, R. 308.
5. Bills payable to fictitious payees, are considered as bills payable to, bearer.