The Negotiable Instruments Law as Enacted by the State of Ohio and Other States: Full Text of the Law with Annotations and CitationsEmilius Oviatt Randall |
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Page 3
... presentment . 3173r ( 4970 ) Place of presentment . 3173s ( 4971 ) 3173t ( 4972 ) Instrument must be exhibited . Presentment where instrument payable at bank . 3173u ( 4973 ) Presentment where principal debtor is dead . 3173v ( 4974 ) ...
... presentment . 3173r ( 4970 ) Place of presentment . 3173s ( 4971 ) 3173t ( 4972 ) Instrument must be exhibited . Presentment where instrument payable at bank . 3173u ( 4973 ) Presentment where principal debtor is dead . 3173v ( 4974 ) ...
Page 5
... presentment for acceptance must be made . 3176h ( 5041 ) When failure to present releases drawer and indorser . 3176i ( 5042 ) Presentment ; how made . 3176j ( 5043 ) On what days presentment may be made . 3176k ( 5044 ) Presentment ...
... presentment for acceptance must be made . 3176h ( 5041 ) When failure to present releases drawer and indorser . 3176i ( 5042 ) Presentment ; how made . 3176j ( 5043 ) On what days presentment may be made . 3176k ( 5044 ) Presentment ...
Page 6
... Presentment for payment to acceptor for honor ; how made . When delay in making presentment is excused . Dishonor of bill by acceptor for honor . Re - Subdivision 6 . PAYMENT FOR HONOR . 3177h ( 5068 ) Who may make payment for honor ...
... Presentment for payment to acceptor for honor ; how made . When delay in making presentment is excused . Dishonor of bill by acceptor for honor . Re - Subdivision 6 . PAYMENT FOR HONOR . 3177h ( 5068 ) Who may make payment for honor ...
Page 94
... present- ment the instrument will be accepted and paid , or both , accord- ing to its tenor , and that if it be dishonored , and the necessary proceedings ... presentment for payment , the drawer will not be 94 OHIO NEGOTIABLE INSTRUMENTS .
... present- ment the instrument will be accepted and paid , or both , accord- ing to its tenor , and that if it be dishonored , and the necessary proceedings ... presentment for payment , the drawer will not be 94 OHIO NEGOTIABLE INSTRUMENTS .
Page 95
Full Text of the Law with Annotations and Citations Emilius Oviatt Randall. its presentment for payment , the drawer will not be discharged from liability on the check . Oyster Co. v . Bank , 51 Ohio St. 106. ( 1894. ) By the act of ...
Full Text of the Law with Annotations and Citations Emilius Oviatt Randall. its presentment for payment , the drawer will not be discharged from liability on the check . Oyster Co. v . Bank , 51 Ohio St. 106. ( 1894. ) By the act of ...
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Common terms and phrases
11 Ohio St 14 Ohio 29 Ohio St 9 Ohio accepted for honor acceptor action agent agreement amount assignment attorney authority bank bill of exchange bona fide holder cashier certificate of deposit charge Circ collection contract corporation cosurety court creditor Dayt debt defense delivered delivery demand and notice deposit discharge discount draft drawer drawn due course entitled equity estopped execution facie fact firm fraud give notice guarantor Held holder in due indorser insolvent interest joint judgment knowledge law merchant liability liable thereon lien maker maturity ment mortgage negotiable instrument negotiable note negotiable paper negotiable promissory note non-payment note given note payable notice of dishonor Ohio Dec owner paid partner party payable on demand payee plaintiff presentment for payment prima facie principal debtor protest purchaser Re-Subdivision received recover signature signed statutory damages subrogated suit surety third person tion transfer Union Nat valid
Popular passages
Page 154 - 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 38 - Where a signature is forged or made without the authority of the person whose signature it purports to be, it is wholly inoperative, and no right to retain the instrument, or to give a discharge therefor, or to enforce payment thereof against any party thereto, can be acquired through or under such signature, unless the party against whom it is sought to enforce such right is precluded from setting up the forgery or want of authority.
Page 35 - 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.
Page 169 - That where a bill of exchange has been protested for dishonor bv non-acceptance, or protested for better security, and is not overdue, any person, not being a party already liable thereon, may, with the consent of the holder, intervene and accept the bill supra protest, for the honor of any party liable thereon, or for the honor of the person for whose account the bill is drawn.
Page 42 - Every negotiable instrument is deemed prima facie to have been issued for a valuable consideration ; and every person whose signature appears thereon to have become a party thereto for value.
Page 165 - Where a bill is addressed to two or more drawees who are not partners, presentment must be made to them all, unless one has authority to accept or refuse acceptance for all, in which case presentment may be made to him only.
Page 170 - Presentment for payment to the acceptor for honor must be made as follows: 1. If it is to be presented in the place where the protest for nonpayment was made, it must be presented not later than the day following its maturity. 2. If it is to be presented in some other place than the place where it was protested, then it must be forwarded within the time specified in section one hundred and four. Sec. 169. The provisions of section eighty-one apply where there is delay in making presentment to the...
Page 110 - Where no place of payment is specified, but the address of the person to make payment is given in the instrument and it is there presented ; 3. Where no place of payment is specified and no address is given and the instrument is. presented at the usual place of business or residence of the person to make payment; 4.
Page 118 - Except as herein otherwise provided, when a negotiable instrument has been dishonored by nonacceptance or nonpayment, notice of dishonor must be given to the drawer and to each indorser, and any drawer or indorser to whom such notice is not given is discharged.
Page 94 - The maker of a negotiable instrument by making it engages that he will pay it according to its tenor, and admits the existence of the payee and his then capacity to indorse.