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" The drawer by drawing the instrument admits the existence of the payee and his then capacity to indorse; and engages that on due presentment the instrument will be accepted or paid, or both, according to its tenor, and that if it be dishonored, and the... "
Reports of Cases Argued and Determined in the Supreme Court of the State of ... - Page 669
by Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Frank A. Turner, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Bellinger, Charles Byron - 1916
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 287

Illinois. Supreme Court - Law reports, digests, etc - 1919 - 716 pages
...be, according to its tenor, and that if it be dishonored and the necessary proceedings on dishonor be duly taken he will pay the amount thereof to the holder...subsequent indorser who may be compelled to pay it.' The indorser's liability as such becomes fixed when demand of payment of the note is made of the principal...
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The Northeastern Reporter, Volume 83

Law reports, digests, etc - 1908 - 1168 pages
...both, as the case . may be, and that If it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay It. Presentment for payment must be made at a reasonable, hour on a business day at a proper place to;...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - Law - 1899 - 724 pages
...admits the existence of the payee and his then capacity to endorse. sary proceedings on dishonor be duly taken he will pay the amount thereof to the holder...subsequent indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation negativing or limiting his own liability...
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The Southwestern Reporter, Volume 153

Law reports, digests, etc - 1913 - 1348 pages
...according to its tenor, and that if it be dishonored, and If the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it;" and in subsection 89 that "except as herein otherwise provided, when a negotiable Instrument has been...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - Law - 1898 - 700 pages
...according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it. 86. Where a person places his indorsement on an instrument negotiable by delivery, he incurs all the...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volume 102

New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - Law reports, digests, etc - 1918 - 832 pages
...according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it." The provision of section 324 that " Where the holder of a check procures it to be accepted or certified...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - Law - 1897 - 426 pages
...according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it. 2. That the instrument is at the time of his indorsement valid and subsisting. SEC. 67. Where a person...
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Laws of the State of New York, Volume 2

New York (State) - Law - 1897 - 996 pages
...according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it. § 117. Liability of indorser where paper negotiable by delivery. — Where a person places his indorsement...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...according to its tenor, and that if it be dishonored, and Ihe necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the holder, or to any subsequent endorser who may be compelled to pay it. But th« drawer may insert in the instrument an express stipulation...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - Electronic journals - 1897 - 394 pages
...according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the holder, or to any indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation...
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