What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
acceptance amended amount application appointed appropriated approved assessment authorized benefit bill bonds boundaries building cause cert certificate charge claims clerk collected commissioners construction copy corporation costs council court day of March deemed directors district dollars duty effect election enacted Engineer entitled established examination exists expenses February filed five fixed follows fund give Governor hereby hold holder HOUSE hundred Idaho improvement included interest irrigation issued Oct judge land deptmt Legislature less levied Lewiston license manner March meeting ment necessary notice organization owner paid party passage Passed payable payment person petition presented printed proceedings proper proposed purchase qualified receive record regulate Secretary SENATE signed stream streets therefor therein thereof thousand tion Treasurer trustees village vote Warrant
Page 391 - Every person negotiating an instrument by delivery or by a qualified indorsement, warrants: (1) That the instrument is genuine and in all respects what it purports to be; (2) That he has a good title to it; (3) That all prior parties had capacity to contract; (4) That he has no knowledge of any fact which would impair the validity of the instrument or render it valueless.
Page 384 - But if any such instrument, after completion, is negotiated to a holder in due course, it is valid and effectual for all purposes in his hands, and he may enforce it as if it had been filled up strictly in accordance with the authority given and within a reasonable time.
Page 381 - ... 1. At a fixed period after date or sight ; or 2. On or before a fixed or determinable future time specified therein; or 3. On or at a fixed period after the occurrence of a specified event, which is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the event does not cure the defect.
Page 102 - If it is colored, coated, polished or powdered, whereby damage or inferiority is concealed, or if by any means it is made to appear better or of greater value than it really is...
Page 400 - By a valid tender of payment made by a prior party; 5. By a release of the principal debtor, unless the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By any agreement binding upon the holder to extend the time of payment, or to postpone the holder's right to enforce the instrument unless made with the assent of the party secondarily liable, or unless the right of recourse against such party is expressly reserved.
Page 383 - When an instrument expressed to be payable at a fixed period after date is issued undated, or where the acceptance of an instrument payable at a fixed period after sight is undated, any holder may insert therein the true date of issue or acceptance, and the instrument shall be payable accordingly.
Page 101 - If it is an imitation of, or is sold under the name of, another article; (5) If it consists wholly, or in part, of a diseased...
Page 400 - Where a negotiable instrument is materially altered without the assent of all parties liable thereon, it is avoided except as against a party who has himself made, authorized or assented to the alteration and subsequent indorsers. But when an instrument has been materially altered and is in the hands of a holder in due course, not a party to the alteration, he may enforce payment thereof according to its original tenor.
Page 395 - Where notice is given by or on behalf of the holder, it enures for the benefit of all subsequent holders and all prior parties who have a right of recourse against the party to whom it is given.