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" By a valid tender of payment made by a prior party; 5. By a release of the principal debtor, unless the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By any agreement binding upon the holder to extend the time... "
General Laws of the State of Idaho ... - Page 400
by Idaho - 1903
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Handbook of the Law of Bills and Notes

Charles Phelps Norton, William Underhill Moore, Harold McLean Wilkie - Negotiable instruments - 1914 - 800 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved ; 84 6. By any agreement binding upon the holder to extend...right of recourse against such party is expressly reserved.88 Sec. 121. 88 Where the instrument is paid by a party secondarily liable thereon, it is...
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Leading Cases of the Court of Civil Appeals of the State of ..., Volume 4

Tennessee. Court of Civil Appeals, Joseph Carrigan Higgins - Law reports, digests, etc - 1914 - 804 pages
...the holder's right of recourse against the party secondarily liable is expressly reserved; "6. By an agreement binding upon the holder to extend the time...recourse against such party is expressly reserved." In the case of Bank v. Hood, 18 Gates, 443, it was held that, by the language of the general provisions...
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An Annotated Revision of the Statutes of Louisiana Through the ..., Volume 1

Louisiana, Robert Hardin Marr - Law - 1915 - 960 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved ; 6. By any agreement binding upon the holder to extend...recourse against such party is expressly reserved. Effect of Payment by Secondary Party. 560. [Sec. 121.] Where the instrument is paid by a party secondarily...
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Essentials of the Law ...: Elementary law ... with notes and references for ...

Marshall Davis Ewell - Law - 1915 - 1178 pages
...unless the holder's right of recourse against the party secondarily liable is expressedly reserved. 6. By any agreement binding upon the holder to extend...assent of the party secondarily liable, or unless the 4. See id. 530. 6. See id. 533 ct seq. 6. See id. 530. right or recourse against such party is expressly...
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Reports of Cases Decided in the Supreme Court of the State of ..., Volume 30

North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - Court rules - 1915 - 754 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved; (6) by any agreement binding upon the holder to extend...the instrument, unless made with the assent -of the person secondarily liable, or unless the right of recourse against such party is expressly reserved.'...
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The Ohio Nisi Prius Reports, Volume 17

Ohio. Courts - Law reports, digests, etc - 1915 - 648 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved ; "6. By any agreement binding upon the holder, to extend...the instrument, unless made with the assent of the person secondarily liable, or unless the right of recourse against such party is expressly reserved."...
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Laws of the State of Mississippi

Mississippi - Law - 1916 - 790 pages
...unless the holder's right of recourse against the party secondarily liable is expresslj reserved. (6) By any agreement binding upon the holder to extend...against such party is expressly reserved. SEC. 121. Right of party who discharges instrument. — Where the instrument is paid by a party secondarily liable...
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The Southeastern Reporter, Volume 86

Law reports, digests, etc - 1916 - 1250 pages
...Révisai, § 2270, provides that: "A person secondarily liable on the instrument is discharged * * • by any agreement binding upon the holder to extend...recourse against such party is expressly reserved." The agreement in this instrument to which the indorser Is a party by writing his name on the back thereof...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1916 - 376 pages
...accommodating party;" and subdivision six reads: "By an agreement in favor of the principal debtor binding upon the holder to extend the time of payment,...enforce the instrument, unless made with the assent prior or subsequent of the party secondarily liable or unless the right of recourse against such party...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1916 - 382 pages
...postpone the holder's right to enforce the instrument, unless made with the assent prior or subsequent of the party secondarily liable or unless the right...recourse against such party is expressly reserved, or unless the principal debtor bo an accommodating party." In Missouri the words "except when such...
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