The Collaborative International Dictionary of English v.0.48:

Note \Note\, v. t. [imp. & p. p. Noted; p. pr. & vb. n.
   Noting.] [F. noter, L. notare, fr. nota. See Note, n.]
   [1913 Webster]
   1. To notice with care; to observe; to remark; to heed; to
      attend to. --Pope.
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            No more of that; I have noted it well. --Shak.
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            The world will little note, nor long remember, what
            we say here, but it can never forget what they did
            here.                                 --Abraham
                                                  Lincoln
                                                  (Gettysburg
                                                  Address,
                                                  1863).
      [PJC]

   2. To record in writing; to make a memorandum of.
      [1913 Webster]

            Every unguarded word . . . was noted down.
                                                  --Maccaulay.
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   3. To charge, as with crime (with of or for before the thing
      charged); to brand. [Obs.]
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            They were both noted of incontinency. --Dryden.
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   4. To denote; to designate. --Johnson.
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   5. To annotate. [R.] --W. H. Dixon.
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   6. To set down in musical characters.
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   To note a bill or To note a draft, to record on the back
      of it a refusal of acceptance, as the ground of a protest,
      which is done officially by a notary.
      [1913 Webster]

Bouvier's Law Dictionary, Revised 6th Ed (1856):

NOTING. The name of the minute made by a notary on a bill of exchange, after
it has been presented for acceptance or payment, consisting of the initials
of his name, the date of the day, month and year when such presentment was
made, and the reason, if any has been assigned, for non-acceptance or non-
payment, together with his charge. The noting is not indispensable, it being
only a part of the protest; it will not supply the protest. 4 T. R. 175
Chit. on Bills, 280, 398. See Protest.