The most common and most likely answer to this crossword clue is the 10 letter word SKETCHBOOK
I've seen this crossword clue in Independent
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More clues leading to the result SKETCHBOOK
Buddy explains!

The straight part
We know that "Paper bound to note its owner’s views" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case paper bound to note its owner’s views = sketchbook.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does SKETCHBOOK mean?
SKETCHBOOK noun- A book or pad with blank pages for sketching; a sketch pad.
- A book of printed sketches.
- A printed book of literary sketches or skits.