A Treatise on Commercial Paper and the Negotiable Instruments Law: Including the Law Relating to Promissory Notes, Bills of Exchange, Checks, Municipal Bonds, and Other Negotiable and Nonnegotiable Instruments : Commonly Classed as Commercial Paper : with an Appendix Containing the Negotiable Instrumennts Law and the English Bills of Exchange Act |
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Page ix
... intended for protection of obligor . 239 § 42. Omissions not affecting validity and negotiability .. c . Use of words " for value received , " or equivalent 234 234 235 238 e . Option with holder requiring something in lieu of money ...
... intended for protection of obligor . 239 § 42. Omissions not affecting validity and negotiability .. c . Use of words " for value received , " or equivalent 234 234 235 238 e . Option with holder requiring something in lieu of money ...
Page 8
... intended for use as bills of exchange , in the same sense and for the same purpose as such bills are used at the present time . d . Statutes and ordinances relating to bills of exchange.- Early European statutes and ordinances have ...
... intended for use as bills of exchange , in the same sense and for the same purpose as such bills are used at the present time . d . Statutes and ordinances relating to bills of exchange.- Early European statutes and ordinances have ...
Page 24
... intended to circulate as money . " Edwards defines a bank note as " a species of promissory note drawn pay- able to bearer on demand , and for many purposes treated and considered as cash . " Edwards on Bills , etc. , § 20 . Parsons ...
... intended to circulate as money . " Edwards defines a bank note as " a species of promissory note drawn pay- able to bearer on demand , and for many purposes treated and considered as cash . " Edwards on Bills , etc. , § 20 . Parsons ...
Page 46
... intended only for his benefit , and is regarded and treated as an exception to a general rule . " 46 Tyler quotes from Matthew Bacon who lays it down that infants are ab- solutely bound by their contracts in benignity to themselves ...
... intended only for his benefit , and is regarded and treated as an exception to a general rule . " 46 Tyler quotes from Matthew Bacon who lays it down that infants are ab- solutely bound by their contracts in benignity to themselves ...
Page 71
... intended illegal use to be made of it . B. PERSONS ACTING IN FIDUCIARY CAPACITY . 27. Executors and administrators . a . In general.- Executors and administrators , as the legal repre- sentatives of their decedents , succeed to all the ...
... intended illegal use to be made of it . B. PERSONS ACTING IN FIDUCIARY CAPACITY . 27. Executors and administrators . a . In general.- Executors and administrators , as the legal repre- sentatives of their decedents , succeed to all the ...
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Other editions - View all
A Treatise on Commercial Paper and the Negotiable Instruments Law: Including ... James Webster Eaton No preview available - 2015 |
A Treatise on Commercial Paper and the Negotiable Instruments Law: Including ... James Webster Eaton No preview available - 2015 |
Common terms and phrases
agent authority Bank of United Barb bearer bill of exchange bill or note Bills and Notes bind blank bona fide holder Branch Bank choses in action commercial paper common law Conn consideration contract corporation court debt defendant delivery demand drawee drawer English Bills Exchange Act executed executor firm fraud held indorsement Inst instru Instrument payable Iowa law merchant Law N. Y. liable maker Mass maturity ment Merchants Metc Minn N. Y. Supp Negotiable Instruments Law negotiable paper note or bill note payable notice Ohio St parties partner partnership payable on demand payee payment plaintiff presumption promise to pay promissory note rule signature signed Smith sory statute Statutory provision strument sum certain Tenn thereof third person tiable tion transfer usury valid Wend words
Popular passages
Page 716 - 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 or determinable future time, a sum certain in money...
Page 678 - Where a negotiable instrument is materially altered without the assent of all parties liable thereon, it is avoided, except as against a party who has himself made, authorized or assented to the alteration, and subsequent indorsers.
Page 659 - In order, however, that any such instrument, when completed, may be enforced against any person who became a party thereto prior to its completion, it must be filled up strictly in accordance with the authority given and within a reasonable time...
Page 253 - But if any such instrument, after completion, is negotiated to a holder in due course, it is valid and effectual for all purposes in his hands, and he...
Page 666 - Every holder is deemed prima facie to be a holder in due course; but when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as a holder in due course.
Page 577 - 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 693 - mean any part of the United Kingdom of Great Britain and Ireland, the islands of Man, Guernsey, Jersey, Alderney, and Sark, and the islands adjacent to any of them being part of the dominions of Her Majesty. (2.) Unless the contrary appear on the face of the bill the holder may treat it as an inland bill.
Page 161 - An instrument to be negotiable must conform to the following requirements: 1. It must be in writing and signed by the maker or drawer ; 2. Must contain an unconditional promise or order to pay a sum certain in money ; 3. Must be payable on demand, or at a fixed or determinable future time; 4. Must be payable to order or to bearer; and, 5. Where the instrument is addressed to a drawee, he must be named or otherwise indicated therein with reasonable certainty.
Page 666 - To constitute notice of an infirmity in the instrument or defect in the title of the person negotiating the same, the person to whom it is negotiated must have had actual knowledge of the infirmity or defect, or knowledge of such facts that his action in taking the instrument amounted to bad faith.
Page 531 - A negotiable instrument is discharged : 1. By payment in due course by or on behalf of the principal debtor ; 2. By payment in due course by the party accommodated, where the instrument is made or accepted for accommodation; 3. By the intentional cancellation thereof by the holder; 4. By any other act which will discharge a simple contract for the payment of money; • 6.