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" The holder may refuse to take a qualified acceptance, and if he does not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers are discharged from liability... "
Annual Report of the Illinois State Bar Association - Page 117
by Illinois State Bar Association - 1899
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Report of the ... Annual Meeting of the American Bar ..., Volume 10, Part 1887

American Bar Association - Law - 1887
...by non-acceptance. (2) Where a qualified acceptance is taken and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer oriudorser is discharged from his liability on the...
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The Bills of Exchange Act, 1882: (45 & 46 Vict. C. 61). With Explanatory ...

Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 227 pages
...lnd. Act, s. 86. (2.) Where a qualified acceptance is taken, and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer or inJorser is discharged from his liability on the...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - Law - 1899 - 1177 pages
...acceptance of some one or more of the drawees but not of all. CH. 133 u.] NEGOTIABLE INSTRUMENTS LAW. authorized the holder to take a qualified acceptance...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance he must within a reasonable time express his dissent...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - Law - 1898
...not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...liability on the bill, unless they have expressly or implied ly authorized the holder to take a qualified acceptance, or subsequently assent thereto. "When...
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Roscoe's Digest of the Law of Evidence on the Trial of Actions at ..., Volume 1

Henry Roscoe, Maurice Powell - Evidence (Law) - 1891 - 1640 pages
...necessary." accepted. "(2.) Where a qualified acceptance is taken, and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer or indorsor is discharged from his liability on the...
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Laws of Barbados

Barbados - Session laws - 1893
...by non-acceptance. (2.) Where a qualified acceptance is taken and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance or does not subsequently assent thereto such drawer or indorser is discharged frr.m his liability on the...
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A Digest of the Law of Bills of Exchange, Promissory Notes, Cheques, and ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1896 - 434 pages
...as to the balance. (2) Where a qualified acceptance is taken, and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer or indorser is discharged from his liability on the...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - Law - 1897
...not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must within a reasonable time express his dissent...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - Iowa - 1897
...does not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance Where a qualified acceptance is taken the drawer and indorsers...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must within a reasonable time express his dissent...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - Law - 1897
...Quitted a>Where a qualified acceptance is taken, the drawer and in- cepwnce. dorsers are discharged irom liability on the bill, unless they have expressly...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must within a reasonable time express his dissent...
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