 | United States. War Department - 1912 - 810 pages
...thereof, receives the bill for value. SEC. 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... | |
 | William Frederick Elliott - Contracts - 1913 - 1180 pages
...however, he has previously agreed to pay the bill.81 The Negotiable Instruments Law provides that, "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... | |
 | Thomas Johnson Michie - Law reports, digests, etc - 1914 - 854 pages
...informed of the price, "Will advance cost if you buy strict good ordinarily at sixte»n," constitute "an unconditional promise in writing to accept a bill before it is drawn," and under a statute "amount to actual acceptance." Whilden v. Merchants' & Planters' Nat. Bank, 64... | |
 | Lawyers - 1907 - 1848 pages
...to notice of the assignment or transfer. Acceptances of bills of exchange must be in writing ; but an unconditional promise in writing to accept a bill before it is drawn amounts to an actual acceptance ; and any person upon whom a bill of exchange is drawn and to whom... | |
 | Lawyers - 1906 - 1874 pages
...to notice of the assignment or transfer. Acceptances of bills of exchange must be in writing ; but an unconditional promise in writing to accept a bill before it is drawn amounts to an actual acceptance ; and any person upon whom a bill of exchange is drawn and to whom... | |
 | John Cochran Miller - Negotiable instruments - 1915 - 268 pages
...the faith thereof, receives the bill for value." § 135. Promise to Accept — To Whom Available. — "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... | |
 | John Jay Crawford - Negotiable instruments - 1916 - 380 pages
...anything contained in the letter. § 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... | |
 | Inter-American High Commission - America - 1916 - 232 pages
...decidedly in favor of dealers in good faith. Section 135 of our negotiable instrument law provides : An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person \vho, upon the faith thereof, receives the... | |
 | John Jay Crawford - Negotiable instruments - 1916 - 376 pages
...anything contained in the letter. § 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... | |
 | Calvin Frank Allen - Commercial law - 1917 - 468 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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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. 
