 The drawer by drawing the instrument admits the existence of the payee and his then capacity to indorse; and engages that on due presentment the instrument will be accepted or paid, or both, according to its tenor, and that if it be dishonored, and the...  Reports of Cases Argued and Determined in the Supreme Court of the State of ... - Page 669by Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Frank A. Turner, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Bellinger, Charles Byron - 1916Full view - About this book
 | Massachusetts - 1898 - 48 pages
...according to its tenor, and that if it is dishonored, and the necessary proceedings on dishonor are duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation negativing or limiting his own liability... | |
 | Joseph Fitz Randolph - Commercial law - 1899 - 1068 pages
...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 to the...subsequent indorser who may be compelled to pay it. Sec. 117 (67). Liability of Indorser where Paper Negotiable by Delivery. Where a person places his... | |
 | Utah - 1899 - 206 pages
...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 to the...subsequent indorser who may be compelled to pay it. Sec. 68. Indorsers Liable in Order. As respects one another, indorsers are liable prima facie in the... | |
 | Wisconsin - 1899 - 88 pages
...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 to the...to any subsequent indorser who may be compelled to to pay it. But the drawer may insert in the instrument an express stipulation. negativing or limiting... | |
 | Wisconsin - Bills, Private - 1899 - 856 pages
...its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, lie will pay the amount thereof to the holder, or to any subsequent indorser who may be compelled to to pay it. But the drawer may insert in the instrument an express stipulation negating or limiting... | |
 | Washington (State) - Law - 1899 - 476 pages
...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 to the holder, or to any subsequent endorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation... | |
 | New York (State) - Law - 1900 - 862 pages
...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 to the...subsequent indorser who may be compelled to pay it. § 117. Liability of indorser where paper negotiable by delivery. — Where a person places his indorsement... | |
 | Melville Madison Bigelow - Checks - 1900 - 396 pages
...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 to the...subsequent indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation '^negativing or limiting his own... | |
 | David Armel Keister - Business - 1900 - 166 pages
...be accepted or paid, or both as the case may be and that if it be dishonored, he will pay the amount to the holder, or to any subsequent indorser, who may be compelled to pay it, provided all necessary proceedings have been duly taken. 13. If the instrument is payable to the order... | |
 | Leslie Jay Tompkins - Checks - 1901 - 220 pages
...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 to the...subsequent indorser who may be compelled to pay it. The position of the indorser is a double one — that of- transferer of title, and as maker of an entirely... | |
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