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" An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill for value. "
Merchants' Magazine and Commercial Review - Page 253
1841
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The Mine, Quarry and Metallurgical Record of the United States, Canada and ...

Mine and Quarry News Bureau - Mineral industries - 1897 - 710 pages
...acceptor, except in favor of a person to whom such acceptance shall have been shown, and who, on the improvements is deemed an actual acceptance In favor of any person who, upon the faith thereof, shall have accepted...
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The New York Supplement, Volume 45

Law reports, digests, etc - 1897 - 1300 pages
...Coolidge v. Payson, 2 Wheat. 15G. So, by the statute (1 Rev. St. p. 70S, § 8) it is provided that "an unconditional promise in writing to accept a bill before it is drawn shall be deemed an acceptance in favor of every person who upon the faith thereof shall have received the bill for a valuable...
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Laws of the State of New York, Volume 2

New York (State) - Law - 1897 - 996 pages
...thereof, receives the bill for value. § 223. Promise to accept; when equivalent to acceptance. — An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - Law - 1897 - 426 pages
...a person to whom it is shown and who, on the faith thereof, receives the bill for value. SEC. 135. An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill...
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The American and English Encyclopedia of Law, Volume 4

James Cockcroft, David Shephard Garland, Lucius Polk McGehee, Charles Porterfield - Law - 1897 - 1218 pages
...Charge on Unconditional Promise to Accept. — It has been held that to charge a party as acceptor on an unconditional promise in writing to accept a bill before it is drawn, presentment for acceptance is not necessary. Whilden r. Merchants', etc., Nat. Bank, 64 Ala. i, 38...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...of a person to whom it is shown and who, on the faith thereof, receives the bill for value. Sec 142. An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill...
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A General Act Relative to Negotiable Instruments: (being an Act to Establish ...

Massachusetts - 1898 - 48 pages
...acceptance. Qualified acceptance. Holder may refuse lo take qualified acceptance, etc. SECTION 135. An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill...
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Laws of the State of Utah

Utah - 1899 - 206 pages
...on the faith thereof, receives the bill for value. Sec. 135. Unconditional Promise to Accept Bill. An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill...
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A Treatise on the Law of Commercial Paper: Containing a Full ..., Volume 3

Joseph Fitz Randolph - Commercial law - 1899 - 1068 pages
...thereof, receives the bill for value. Sec. 223 (135). Promise to Accept; When Equivalent to Acceptance. An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill...
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Session Laws of the State of Washington

Washington (State) - Law - 1899 - 476 pages
...a person to whom it is shown and who, on the faith thereof, receives the bill for value. SEC. 135. An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill...
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