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 117by Illinois State Bar Association - 1899Full view - About this book
| American Bar Association - Law - 1887 - 460 pages
...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... | |
| Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 286 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... | |
| Virginia - Law - 1899 - 724 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... | |
| Maryland - Law - 1898 - 700 pages
...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... | |
| Henry Roscoe, Maurice Powell - Evidence (Law) - 1891 - 924 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... | |
| Barbados - Session laws - 1893 - 462 pages
...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... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1896 - 530 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... | |
| Colorado - Electronic journals - 1897 - 434 pages
...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... | |
| Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...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... | |
| Florida - Law - 1897 - 426 pages
...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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