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" By a valid tender of payment made by a prior party; 5. By a release of the principal debtor, unless the holder's right of recourse against the party secondarily liable is expressly reserved ; 6. By any agreement binding upon the holder to extend the time... "
Atlantic Reporter - Page 422
1908
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Reports of Cases Argued and Determined in the Supreme Court of Ohio, Volume 81

Ohio. Supreme Court - Law reports, digests, etc - 1910 - 748 pages
...debtor, unless the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By any agreement binding upon the holder to extend...the instrument, unless made with the assent of the person secondarily liable, or unless the right of recourse against such party is expressly reserved."...
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Reports of Cases Determined in the Supreme Court of the Territory ..., Volume 34

Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - Law reports, digests, etc - 1909 - 588 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved. VI. By any agreement binding upon the holder to extend...secondarily liable, or unless the right of recourse against such party is expressly reserved." Section 192: 'The person 'primarily' liable on an Instrument Is...
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Atlantic Reporter, Volume 92

Law reports, digests, etc - 1915 - 1138 pages
...provides inter alia that: "A person secondarily liable on the instrument is discharged: * * * Ну any agreement binding upon the holder to extend the...secondarily liable, or unless the right of recourse against such party is expressly reserved." This was simply declaratory of the existing law. It is settled that,...
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Atlantic Reporter, Volume 66

Law reports, digests, etc - 1907 - 1166 pages
...holder's right of recourse against the party secondarily liable Is expressly reserved; (6) by aiiy agreement binding upon the holder to extend the time...the holder's right to enforce the Instrument unless the right of recourse against such party Is expressly reserved." Since the passage of the negotiable...
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The Southwestern Reporter, Volume 179

Law reports, digests, etc - 1916 - 1404 pages
...Instruments Laws provides that a person secondarily liable on the Instrument Is discharged (subsection 6) by any agreement binding upon the holder to extend...secondarily liable, or unless the right of recourse against such party is expressly reserved in the original instrument. A guarantor Is secondarily liable. Section...
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The Southwestern Reporter, Volume 175

Law reports, digests, etc - 1915 - 1328 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved. "(0) By any agreement binding upon the holder to extend...secondarily liable, or unless the right of recourse against such party is expressly reserved in the original instrument." The act thus specifies how the Instrument,...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - Law - 1899 - 724 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved. (5. By any agreement binding upon the holder to extend...secondarily liable, or unless the right of recourse against such party is expressly reserved. $121. RIGHT OF PARTY WHO DISCHARGED INSTRUMENT. — Where the instrument...
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Harvard Law Review, Volume 30

Electronic journals - 1917 - 914 pages
...the Negotiable Instruments Law provides for the discharge of an indorser "by any agreement binding on the holder to extend the time of payment or to postpone the holder's right to enforce the instrument." The holder later sues an accommodation indorser. Held, that he may recover. Brosemer v. Brosemer, 162...
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The Southwestern Reporter, Volume 171

Law reports, digests, etc - 1915 - 1336 pages
...Instruments Law (Acts 189У, c. 94) § 1120, subd. 0, providing that a party secondarily liable is discharged by any agreement binding upon the holder to extend the time of payment, unless made with the assent of the party secondarily liable, or unless the right of recourse against...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - Law - 1898 - 700 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved ; 6. By any agreement binding upon the holder to extend...the holder's right to enforce the instrument, unless the right of recourse against such party is expressly reserved. 140. Where the instrument is paid by...
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