 An instrument to be negotiable must conform to the following requirements : — 1. It must be in writing and signed by the maker or drawer ; 2. Must contain an unconditional promise or order to pay a sum certain in money ; 3. Must be payable on demand,...  The Pacific Reporter - Page 2341911Full view - About this book
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1919 - 800 pages
...a fixed or determinate future time; "Fourth. It must be payable to order or to bearer; and "Fifth. Where the instrument is addressed to a drawee, he...indicated therein with reasonable certainty." The first requisite is present, and no question is raised in regard to it, and likewise the fourth and... | |
 | Wilber Mercantile Agency - Banks and banking - 1872 - 894 pages
...payable on demand, or at a fixed or determlnable future time. 4. Must be payable to order or bearer. 6. Where the Instrument Is addressed to a drawee, he...otherwise Indicated therein with reasonable certainty. Negotiability Is not affected by a provision authorizing «ale of collateral securities, or contenten... | |
 | Law - 1918 - 498 pages
...or at a fixed or determinable future time; fourth, must be payable to order or to bearer; and fifth, where the Instrument is addressed to a drawee, he...sum payable is a sum certain, within the meaning of the law. although it is to be the whole shall become due; fourth, with exchange, whether at a fixed... | |
 | American Bar Association - Bar associations - 1921 - 1066 pages
...payahle on demand, or at a fixed or determinate future time; (4) Must he payahle to order or hearer; and (5) Where the instrument is addressed to a drawee, he must he named or otherwise indicated therein with reasonahle certainty. 5. Definitions, — Definitions... | |
 | Law reports, digests, etc - 1908 - 1134 pages
...unconditional promise or order to pay a sum certain in money; (3) must be payable on demand at a fixed or determinable future time; (4) must be payable to order or to bearer. In the third place, the sixty-fifth section of our act, after prescribing that every person negotiating... | |
 | Virginia - Law - 1899 - 724 pages
...promise or order to pay a sum certain in money. 3. Must be payable on demand or at a fixed or determinate future time. 4. Must be payable to order or to bearer; and .,. Where the instrument is addressed to a drawee he must be named or otherwise indicated therein with... | |
 | Maryland - Law - 1898 - 700 pages
...unconditional promise or order to pay a sum certain in money ; 3. Must be payable on demand, or at a fixed or determinable future time ; 4. Must be payable....otherwise indicated therein with reasonable certainty. 21. The sum payable is a sum certain within the meaning of this act, although it is to be paid : 1.... | |
 | Law reports, digests, etc - 1906 - 1270 pages
...on demand, or at a fixed or determinable future time, must be payabe to order or bearer, and where addressed to a drawee, he must be named or otherwise indicated therein with reasonable certainty. If the draft in question contains an unconditional order to pay a sum certain in money, it is negotiable... | |
 | New York (State). Courts - Law reports, digests, etc - 1906 - 800 pages
...on demand, or at a fixed or determinable future time, must be payable to order or bearer, and where addressed to a drawee he must be named or otherwise indicated therein with reasonable certainty. If the draft in question contains an unconditional order to pay a sum certain in money, it is negotiable... | |
 | Florida - Law - 1897 - 426 pages
...unconditional promise or order to pay a sum certain in money; 3. Must be payable on demand, or at a fixed or determinable future time; 4. Must be payable to...otherwise indicated therein with reasonable certainty. SEC. 2. The sum payable is a sum certain within the meaning of this act, although it is to be paid:... | |
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