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STAMP ACT 1853 STAMP ACT 1853 - LONG TITLE An Act . . .{1} to amend the Laws relating to Stamp Duties, and to make perpetual certain Stamp Duties in Ireland.{2} [4th August 1853] Preamble Ss.17, 916 rep. by 1870 c.99. S.17 rep. by 1890 c.21 s.40 sch. S.18 rep. by 1870 c.99 STAMP ACT 1853 - SECT 19 Drafts on bankers payable to order on demand, and endorsed by payees, shall be sufficient authority for payment, &c. 19. Provided always, that any draft or order drawn upon a banker for a sum of money payable to order on demand, which shall, when presented for payment, purport to be endorsed by the person to whom the same shall be drawn payable, shall be a sufficient authority to such banker to pay the amount of such draft or order to the bearer thereof; and it shall not be incumbent on such banker to prove that such endorsement, or any subsequent endorsement, was made by or under the direction or authority of the person to whom the said draft or order was or is made payable either by the drawer or any endorser thereof. S.20 rep. by SLR 1892; SL(R) 1978 Schedule rep. by 1870 c.99