Corpus Juris: Being a Complete and Systematic Statement of the Whole Body of the Law as Embodied in and Developed by All Reported Decisions, Volume 8
William Mack, William Benjamin Hale
American Law Book Company, 1916 - Law
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acceptance acceptor accommodation action agent agreement amount AmSR apply authority Bank bill bill of exchange blank condition Conn consideration contract corporation County court debt defendant delivered delivery demand discharge draft drawer drawn effect evidence executed fact give governed hands held holder holding indorser infra instru Instruments Law intended interest Iowa joint liability LRANS maker Mass maturity ment Minn Miss mortgage Nebr negotiable Negotiable Instruments note given notice original paid party payable payee payment person presented principal promise promissory reason received Reprint rule signature signed Smith statute sufficient Super supra surety thereof third tion transfer valid written York
Page 31 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Page 80 - Where a person, not otherwise a party to an instrument, places thereon his signature in blank before delivery he is liable as indorser, in accordance with the following rules: 1. If the instrument is payable to the order of a third person, he is liable to the payee and to all subsequent parties.
Page 47 - I think the proper course is, in the first instance, to examine the language of the statute, and to ask what is its natural meaning, uninfluenced by any considerations derived from the previous state of the law, and not to start with inquiring how the law previously stood, and then, assuming that it was probably intended to leave it unaltered, to see if the words of the enactment will bear an interpretation in conformity with this view.
Page 40 - A cheque is a Bill of Exchange drawn on a banker payable on demand. Promissory Note. — A Promissory Note is an unconditional promise in writing made by one person to another, signed by the maker, engaging to pay on demand or at a fixed...
Page 300 - When it is overdue, or after it has been dishonored by a previous refusal to accept, or by non-payment: (3) When a bill payable after sight is dishonored by non-acceptance, and the drawee subsequently accepts it, the holder, in the absence of...
Page 194 - When the acceptor of a bill drawn in a set pays it without requiring the part bearing his acceptance to be delivered up to him, and that part at maturity is outstanding in the hands of a holder in due course, he is liable to the holder thereon.
Page 60 - 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 necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the holder, or to any subsequent indorser who may be compelled to pay it.
Page 204 - ... the delivery may be shown to -have been conditional, or for a special purpose only, and not for the purpose of transferring the property in the instrument.
Page 154 - Where the instrument contains or a person adds to his signature words indicating that he signs for or on behalf of a principal, or in a representative capacity, he is not liable on the instrument if he was duly authorized; but the mere addition of words describing him as an agent, or as filling a representative character, without disclosing his principal, does not exempt him from personal liability.