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 669by 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 - 1916Full view - About this book
| 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... | |
| 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;... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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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