 | 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
...not of its savings department. The negotiable instruments law provides (2 Comp. Laws 1915, § 6044) : "An unqualified order or promise to pay is unconditional...within the meaning of this act, though coupled with : "First. An indication of a particular fund out of which reimbursement is to be made, or a particular... | |
 | North Carolina. Supreme Court - Law reports, digests, etc - 1909 - 1058 pages
...sections defining what constitutes negotiability of notes, prorides: "2153. What Promise Unconditional. An unqualified order or promise to pay is unconditional, within the meaning of this chapter, though coupled with (1) an indication of a particular fund, out of which reimbursement is... | |
 | Virginia - Law - 1899 - 724 pages
...attorney's fee in case payment shall not be made at maturity. § 3. WHEN PROMISE is UNCONDITIONAL. — An unqualified order or promise to pay is unconditional...pay out of a particular fund is not unconditional. S4. OF/TERMINABLE FUTURE TIME; WHAT CONSTITUTES. — An instrument is payable at a determinable future... | |
 | Law reports, digests, etc - 1918 - 1036 pages
...an unconditional promise to pay, nevertheless an unqualified promise to pay, although coupled with an indication of a particular fund out of which reimbursement...particular account to be debited with the amount, is an unconditional promise to pay, within the meaning of the act. Our conclusion is that the instrument... | |
 | Law reports, digests, etc - 1915 - 1346 pages
...though coupled with : (1) An indication of a particular fund out of which reimbursements are to be mnde, or a particular account to be debited with the amount;...the transaction which gives rise to the instrument. I !nt an order or a promise to pay out of a particular fund is not unconditional." We need not consider... | |
 | Law reports, digests, etc - 1915 - 1336 pages
...aided defendant in his defense. He bases this claim on the section 9974, RS 1909, reading as follows: "An unqualified order or promise to pay is unconditional within the meaning of this chapter though coupled with : (1) An indication of a particular fund out of which reimbursements are... | |
 | Arkansas. Supreme Court - Law reports, digests, etc - 1918 - 672 pages
...contain an unconditional promise or order to pay a certain sum in money. Section 3 reads as follows : ' ' An unqualified order or promise to pay is unconditional...pay out of a particular fund is not unconditional." So here the money is not promised to be paid unconditionally; for it is only payable out of the proceeds... | |
 | Law reports, digests, etc - 1906 - 1270 pages
...negotiable as all the other requirements are met. Section 22 of the negotiable instruments law declares : "An unqualified order or promise to pay Is unconditional...(1) an indication of a particular fund out of which reimhursement is to be made or a particular account to he debited with the amount; or (2) a statement... | |
 | Law reports, digests, etc - 1906 - 1408 pages
...22, defining au unconditional promise as therein used as follows: "An unqualified promise or order to pay is unconditional within the meaning of this...though coupled with: (1) An indication of a particular fuuc! out of which reimbursement is to be made, in a particular account to be debited with the nniouut;... | |
 | Law reports, digests, etc - 1907 - 1220 pages
...an unconditional promise or order to pay a sum certain in money, and section 22 thereof provides : "But an order or promise to pay out of a particular fund is not unconditional." This instrument provides as follows: "This amount to be paid out of our profits on the 3 F.ast 40th... | |
| |
An unqualified order or promise to pay is unconditional within the meaning of this act, though coupled with — 1. An indication of a particular fund out of which reimbursement is to be made, or a particular account to be debited with the amount; or 2.... 
