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 400by Idaho - 1903Full view - About this book
| West Virginia - West Virginia - 1917 - 1608 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. (Acts 1907, Reg. Sess., c. 81.) § 121. Payment by party secondarily liable. — When the instrument... | |
| West Virginia - Banking law - 1917 - 174 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. (Acts 1907, Reg Sess., c. 81.) § 121. Payment by party secondarily liable. — When the instrument... | |
| Melville Madison Bigelow - Negotiable instruments - 1928 - 682 pages
...of maker does not prevent discharge of indorser. ... (6) By any agreement binding upon the holder 1 to extend the time of payment, or to postpone the...assent of the party secondarily liable, or unless the righ1 of recourse against such party is expressly reserved." It is clear here, as under sub-section... | |
| Law - 1921 - 1038 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved; "в. By any agreement binding upon the holder to extend...recourse against such party is expressly reserved." "Sec. 192. The person 'primarily' liable on an instrument is the person who by the terms of the instrument... | |
| William Mack, William Benjamin Hale - Law - 1916 - 1200 pages
...discharged I« (Í 137) an agreement by the holder to extend the time of payment or to postpone his right to enforce the instrument 'unless made with...recourse against such party Is expressly reserved.' Whatever force might at'ui'h to the enumeration of ways tn which the instrument and conse•lUfinly... | |
| United States - Law - 1962 - 810 pages
...by any agreement binding upon the holder to extend the time of payment, or to postpone the holders right to enforce the instrument, unless made with...recourse against such party is expressly reserved. § 4463. Rights of parties secondarily liable who pay instruments Where the instrument is paid by a... | |
| United States. Congress. Senate. Committee on Finance - United States - 1962 - 808 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 time of payment, or to postpone the holders right to enforce the instrument, unless made with the assent of the party secondarily liable,... | |
| Law reports, digests, etc - 1907 - 1258 pages
...unless the holder's right of recourse against the party secondarily 11atile is expressly reserved; (6) by any agreement binding upon the holder to extend...the holder's right to enforce the Instrument unless the right of recourse agaiust such party Is expressly reserved." Since the passage of the negotiable... | |
| New York (State) - Law - 1917 - 224 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 holder's right to enforce the instrument, unless the right of recourse against such party is expressly reserved. This section was derived from the Negotiable... | |
| Louisiana State Bar Association - Agency (Law) - 1914 - 424 pages
...liable. But see Sec. 120 : " 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." When a Court in a State in which the NIL is in force neglects to cite that law as its authority, the... | |
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