McKinney's Consolidated Laws of New York Annotated: With Annotations from State and Federal Courts and State Agencies, Book 37West Group, 1917 - Law |
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Page 15
... pay the bearer the amount specified therein at a day and place named , are promissory notes for the payment of the money to the holder and are transferrable by delivery , although detached from the bonds to which they refer ; and the ...
... pay the bearer the amount specified therein at a day and place named , are promissory notes for the payment of the money to the holder and are transferrable by delivery , although detached from the bonds to which they refer ; and the ...
Page 20
... lieu of payment of money . But nothing in this section shall validate any provision or stipu- lation otherwise illegal . This section was derived from the Negotiable Instruments Law of 1897 , $ 24 . Confession of judgment : see Code Civ ...
... lieu of payment of money . But nothing in this section shall validate any provision or stipu- lation otherwise illegal . This section was derived from the Negotiable Instruments Law of 1897 , $ 24 . Confession of judgment : see Code Civ ...
Page 27
... place of payment may be inserted in their appropriate blanks . " Weyerhauser v . Dun , ( 1885 ) 100 N. Y. 150 , 2 N. E. 274 . " The leaving of blanks in a note of written contract , and delivering it , creates an agency in the receiver ...
... place of payment may be inserted in their appropriate blanks . " Weyerhauser v . Dun , ( 1885 ) 100 N. Y. 150 , 2 N. E. 274 . " The leaving of blanks in a note of written contract , and delivering it , creates an agency in the receiver ...
Page 28
... place of payment is left blank when the maker delivers it , the insertion of a different place of payment than that agreed upon will not avoid such paper in the hands of an innocent holder for value . The authorities are not harmonious ...
... place of payment is left blank when the maker delivers it , the insertion of a different place of payment than that agreed upon will not avoid such paper in the hands of an innocent holder for value . The authorities are not harmonious ...
Page 29
... Place of payment . - Where there is a blank space in a note for the place of payment , and such blank is preceded by the word " at , " the note carries on its face an implied authority for any bona fide holder to insert the place of ...
... Place of payment . - Where there is a blank space in a note for the place of payment , and such blank is preceded by the word " at , " the note carries on its face an implied authority for any bona fide holder to insert the place of ...
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Common terms and phrases
72 Misc acceptance for honor acceptor accommodation indorser accommodation party action affirmed without opinion agent allegation amount thereof authority Bank bill of exchange blank bona fide holder certification Chemical Nat Cited commercial paper consideration constitutes corporation debt deemed defense delay delivery demand note deposit depositor discharged draft drawer drawn due course effect enactment Exch excused fact forged Form and Interpretation funds German-American Bank give notice given held holder for value holder in due indorser thereof infra instru instrument payable law merchant maker maturity ment National Park Bank Negotiable Instruments Law non-payment note payable notice of dishonor obligation original parties paid payable on demand payee person place of payment plaintiff presented for acceptance Presentment for Payment presumption prior indorser promissory note protest received residence Rights of Holder section was derived signature statute sufficient supra thereto tion transfer waiver York
Popular passages
Page 68 - That it is complete and regular upon its face; 2. That he became the holder of it before it was overdue, and without notice that it had been previously dishonored, if such was the fact; 3. That he took it in good faith and for value; 4. That at the time it was negotiated to him he had no notice of any infirmity in the instrument or defect in the title of the person negotiating it.
Page 19 - ... 1. At a fixed period after date or sight ; or 2. On or before a fixed or determinable future time specified therein; or 3. On or at a fixed period after the occurrence of a specified event, which is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the event does not cure the defect.
Page 24 - When it is payable to the order of a fictitious or nonexisting person, and such fact was known to the person making it so payable; or 4. When the name of the payee does not purport to be the name of any person; or 5. When the only or last indorsement is an indorsement in blank.
Page 176 - Act 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 or determinable future time, a sum certain in money to order or to bearer.
Page 104 - Where the instrument is not payable on demand, presentment must be made on the day it falls due. Where it is payable on demand, presentment must be made within a reasonable time after its issue...
Page 20 - Authorizes a confession of judgment if the instrument be not paid at maturity; or 3. Waives the benefit of any law intended for the advantage or protection of the obligor; or 4. Gives the holder an election to require something to be done in lieu of payment of money. But nothing in this section shall validate any provision or stipulation otherwise illegal.
Page 93 - That he has no knowledge of any fact which would impair the validity of the certificate. In the case of an assignment of a claim secured by a certificate, the liability of the assignor upon such warranty shall not exceed the amount of the claim.
Page 126 - When any party is dead, and his death is known to the party giving notice, the notice must be given to a personal representative, if there be one, and if with reasonable diligence he can be found. If there be no personal representative, notice may be sent to the last residence or last place of business of the deceased.
Page 34 - Where the instrument provides for the payment of interest without specifying the date from which interest is to run, the interest runs from the date of the instrument, and if the instrument is undated, from the issue thereof; 3. Where the instrument is not dated, it will be considered to be dated as of the time it was issued; 4.
Page 156 - Notice of dishonor is not required to be given to an indorser in either of the following cases : 1. Where the drawee is a fictitious person or a person not having capacity to contract, and the indorser was aware of the fact at the time he indorsed the instrument; 2.