 | Law reports, digests, etc - 1914 - 1246 pages
...by a party secondarily liable thereon, It Is not discharged ; but the party so paying it Is remitted to his former rights as regards all prior parties,...accommodation, and has been paid by the party accommodated." KorUemas v. Macksoud, 131 App. Div. T¿8, 116 NY Hupp. 85, and Braunan's Negotiable Instruments Law,... | |
 | Law reports, digests, etc - 1914 - 1230 pages
...discharged, but the parly so paying it is remitted to his former rights, as regards all prior partios, and he may strike out his own and all subsequent indorsements...it was made or accepted for accommodation and has beer p:iid bv the party accommodated." Gen. Stat 1909, f 5374. It Is plain that the expression "remitted... | |
 | Virginia - Law - 1899 - 724 pages
...by a party secondarily liable thereon it is not discharged, but the party so paying it is remitted to his former rights as regards all prior parties,...accommodation and has been paid by the party accommodated. § 122. RENUNCIATION BY HOLDER. — The holder may expressly renounce his rights against any party... | |
 | Maryland - Law - 1898 - 700 pages
...by a party secondarily liable thereon, it is not discharged ; but the party so paying it is remitted to his former rights as regards all prior parties,...accommodation, and has been paid by the party accommodated. 141. The holder may expressly renounce his rights against any party to the instrument, before, at,... | |
 | Law reports, digests, etc - 1921 - 1048 pages
...by a party secondarily liable thereon it is not discharged ; but the party so paying it is remitted to his former rights as regards all prior parties,...subsequent indorsements and again negotiate the instrument. Here the drawer and indorser, a party secondarily liable, after payment of the amount of the acceptance... | |
 | Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...by a party secondarily liable thereon, it is not discharged; but the party so paying it is remitted to his former rights as regards all prior parties,...accommodation, and has been paid by the party accommodated. Sec. 129. The holder may expressly renounce his rights against any party to the instrument, before,... | |
 | Colorado - Electronic journals - 1897 - 394 pages
...party secondarily liable thereon, it is not discharged; charge. j^t. ^e party so paying it is remitted to his former rights as regards all prior parties,...accommodation, and has been paid by the party accommodated. Sec. 122. The holder may expressly renounce Holder may re- ,._.,, . , I .i • , v, lease his claim... | |
 | Florida - Law - 1897 - 426 pages
...by a party secondarily liable thereon, it is not discharged; but the party so paying it is remitted to his former rights as regards all prior parties,...it was made or accepted for accommodation, and has beea paid by the party accommodated. SEC. 122. The holder may expressly renounce his rights against... | |
 | Massachusetts - 1898 - 48 pages
...secondarily liable thereon it is not discharged ; but wnenapffddbv the party so paying it is remitted to his former rights as regards all prior parties,...indorsements, and . again negotiate the instrument, except : 27 2. Where it was made or accepted for accommodation, and has been paid by the party accommodated.... | |
 | Wisconsin - 1899 - 88 pages
...secondarily liable thereon, it is par™. ar' not discharged ; but the party so paying it is remitted to his former rights as regards all prior parties,...accommodation, and has been paid by the party accommodated. NOTE — In an action by the iudorser of a bill of exchange (who has been compelled to pay the same)... | |
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Where the instrument is paid by a party secondarily liable thereon it is not discharged; but the party so paying it is remitted to his former rights as regards all prior parties, and he may strike out his own and all subsequent indorsements, and again... 
