 | South Dakota - Session laws - 1913 - 796 pages
...or both, as the case may be, according to its tenor, and that if it be dishonored and the necessary proceedings on dishonor be duly taken he will pay...subsequent indorser who may be compelled to pay it. § 67. Where a person places his indorsement on an instrument negotiable by delivery he incurs all... | |
 | James Smith McMaster - 1908 - 800 pages
...shall be accepted or paid or both, as the case may be, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay...subsequent indorser who may be compelled to pay it. Presentment for payment must be made at a reasonable hour on a business day at a proper place to the... | |
 | South Dakota - Law - 1913 - 804 pages
...both, as the case may be, according to its tenor, and that if it 'be dishonored, and the necessary proceedings on dishonor be duly taken he will pay...subsequent indorser who may be compelled to pay it. § 67. Where a person places his indorsement on an instrument negotiable by delivery he incurs all... | |
 | William Frederick Elliott - Contracts - 1913 - 1180 pages
...or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay...any subsequent indorser who may be compelled to pay it."87 "Edie v. East India Co., 2 Burr. "Castle v. Candee, 16 Conn. 223; 1216; Fawsett v. US National... | |
 | James Smith McMaster - 1907 - 750 pages
...qualification engages that on due presentment it shall be paid, and that, if it be dishonored and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the holder. Section 66. Except as hereinafter otherwise provided, presentment for payment is necessary in order... | |
 | Frederick Hampden Bacon - Commercial law - 1913 - 226 pages
...and that if it be dishonored, and the necessary proceedings on dishonor taken, he will pay the amount to the holder, or to any subsequent indorser who may be compelled to pay it. A person who accepts the instrument, such as a draft, engages to pay it and admits the existence of... | |
 | South Carolina - Law - 1914 - 734 pages
...or both, as the case may be, according to its tenor; and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay...subsequent indorser who may be compelled to pay it. § 67. Where a person places his indorsement on an instrument negotiable by delivery he incurs all... | |
 | Charles Phelps Norton, William Underhill Moore, Harold McLean Wilkie - Negotiable instruments - 1914 - 800 pages
...211, 218, 219, 222, supra. be, according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay...any subsequent indorser who may be compelled to pay it.14 Sec. 67. Where a person places his indorsement on an instrument negotiable by delivery he incurs... | |
 | John Cochran Miller - Negotiable instruments - 1915 - 268 pages
...subsisting. both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay...subsequent indorser who may be compelled to pay it." See Callahan v. Bank of Kentucky, 82 Ky. 235. Although a "Peddler's note" not properly indorsed as... | |
 | United States - Law - 1962 - 810 pages
...accepted or paid, or both, according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay...negativing or limiting his own liability to the holder. § 4383. Liability of acceptor The acceptor by accepting the instrument engages that he will pay it... | |
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And, in addition, he engages that on due presentment, it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof... 
