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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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Principles of Law: Commercial Paper; Banks and Banking; Partnership ...

International Correspondence Schools - Banks and banking - 1903 - 646 pages
...the conditions of the authority. By the statutes, in states which have negotiable instruments laws, 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 Negotiable Instruments, Volume 2

John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 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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General Laws of the State of Idaho ...

Idaho - Electronic journals - 1903 - 494 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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Brief Upon the Pleadings in Civil Actions at Law, in Equity, and ..., Volume 1

Austin Abbott - Briefs - 1904 - 916 pages
...that the latter shall be presumed from the former, — as, Omt a written and unconditional promise to accept a bill before it is drawn shall be deemed an actual acceptance in favor of one purchasing on its faith,1 or that payment of a judgment skall be presumed from the lapse of twenty...
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The Negotiable Instruments Law of Kentucky

Charles Monfort Lindsay - Negotiable instruments - 1904 - 204 pages
...thereof, receives the bill for value. § 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 (a) in favor of every person who, upon the faith thereof, receives the...
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The Maryland Code, Public General Laws, Codified, Volume 1

Maryland - Law - 1904 - 1280 pages
...favor of a person to whom it is shown, and who, on the faith thereof, receives the bill for value. 154. 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 Business Law of Wisconsin: With a Collection of Practical Forms for the ...

Edward Voigt, Charles Voigt - Commercial law - 1904 - 836 pages
...whom it is shown and who, on the faith thereof, receives the bill for value. Promise in writing. — 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 Negotiable Instruments Law

Robert Emmet Bunker, Michigan - Bills of exchange - 1905 - 392 pages
...Fed. child v. Feltman, 32 Hun, 398. Sec. 137. 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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The Home Library of Law ...

Albert Sidney Bolles - Law - 1905 - 224 pages
...different agreement, is entitled to have the bill accepted as of the date of the first presentment." 57. "An unconditional promise in writing to accept a bill, before it is drawn, is deemed an actual acceptance in favour of every person who, upon the faith thereof, receives the...
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Revisal of 1905 of North Carolina: Prepared Under Chapter Three ..., Volume 1

North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - Law - 1905 - 1412 pages
...bill for value. 1899, c. 733. s. 134. 2285. Unconditional promise in writing to accept valid, when. nt or reward, or any other valuable thing whatever, to any member of th is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill...
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