And, in addition, he engages that on due presentment, it shall be accepted or paid, or both, as the case may 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... Laws of the State of New York - Page 715by New York (State) - 1897Full view - About this book
| Illinois. Supreme Court - Law reports, digests, etc - 1919 - 716 pages
...presentment it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored and the necessary proceedings on...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... | |
| Illinois. Supreme Court - Law reports, digests, etc - 1917 - 720 pages
...presentment the bill will be accepted or paid, or both, according to its tenor, and if it be presented and the necessary proceedings on dishonor be duly taken he will pay the amount to the holder or to any indorser who may be compelled to pay it. Therefore, in the absence of any stipulation... | |
| Virginia - Law - 1899 - 724 pages
...presentment it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored and the necessary proceedings on...subsequent indorser who may be compelled to pay it. ยง67. LIABILITY OF INDORSER WHERE PAPER NEGOTIABLE BY DELIVERY. Where a person places his indorsement... | |
| Law reports, digests, etc - 1913 - 1348 pages
...or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and If the necessary proceedings on dishonor be duly taken,...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
...presentment, it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings on...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... | |
| Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Frank A. Turner, Bellinger, Charles Byron - Law reports, digests, etc - 1916 - 776 pages
...the case may be, according to its tenor, and that if it be dishonored and the necessary proceedings duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it, where defendants indorsed a mortgage note without qualification, they were liable thereon, unless 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
...presentment it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings on...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... | |
| New York (State). Supreme Court. Appellate Division - Law reports, digests, etc - 1910 - 1076 pages
...the instrument engages that on due presentation the instrument will be accepted and paid, and that if it be dishonored and the necessary proceedings on...taken he will pay the amount thereof to the holder. If the drawee pays one part of a bill drawn in a set the bill itself is discharged and, therefore,... | |
| Colorado - Electronic journals - 1897 - 434 pages
...presentment, it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings on...subsequent indorser who may be compelled to pay it. Sec. 67. Where a person places his indorse- Liability of ment on an instrument negotiable by delivery... | |
| Florida - Law - 1897 - 426 pages
...presentment, it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings on...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... | |
| |