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" And, in addition, he engages that on due presentment, it shall be accepted or paid, or both, as the case may be, 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... "
The Home Library of Law ... - Page 555
by Albert Sidney Bolles - 1905
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 287

Illinois. Supreme Court - Law reports, digests, etc - 1919 - 716 pages
...be, 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...subsequent indorser who may be compelled to pay it.' The indorser's liability as such becomes fixed when demand of payment of the note is made of the principal...
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The Northeastern Reporter, Volume 83

Law reports, digests, etc - 1908 - 1168 pages
...both, as the case . may be, and that If it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay It. Presentment for payment must be made at a reasonable, hour on a business day at a proper place to;...
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The Southwestern Reporter, Volume 153

Law reports, digests, etc - 1913 - 1348 pages
...according to its tenor, and that if it be dishonored, and If the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it;" and in subsection 89 that "except as herein otherwise provided, when a negotiable Instrument has been...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - Law - 1899 - 724 pages
...be, 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...subsequent indorser who may be compelled to pay it. §67. LIABILITY OF INDORSER WHERE PAPER NEGOTIABLE BY DELIVERY. Where a person places his indorsement...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - Law - 1898 - 700 pages
...be, 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...subsequent indorser who may be compelled to pay it. 86. Where a person places his indorsement on an instrument negotiable by delivery, he incurs all the...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 78

Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Frank A. Turner, Bellinger, Charles Byron - Law reports, digests, etc - 1916 - 776 pages
...the case may be, according to its tenor, and that if it be dishonored and the necessary proceedings duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it, where defendants indorsed a mortgage note without qualification, they were liable thereon, unless the...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volume 102

New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - Law reports, digests, etc - 1918 - 832 pages
...be, 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...subsequent indorser who may be compelled to pay it." The provision of section 324 that " Where the holder of a check procures it to be accepted or certified...
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Journal of the Institute of Bankers, Volume 16

Institute of Bankers (Great Britain) - Banks and banking - 1895 - 782 pages
...We have already learnt, from section 16, that not only any drawer, but also any indorser may insert an express stipulation negativing or limiting his own liability to the holder. And one method of negativing liability is provided by section 26 (1), which says that if a person signing...
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 138

New York (State). Supreme Court. Appellate Division - Law reports, digests, etc - 1910 - 1076 pages
...instrument will be accepted and paid, and that if it be dishonored and the necessary proceedings on dishonor be duly taken he will pay the amount thereof to the holder. If the drawee pays one part of a bill drawn in a set the bill itself is discharged and, therefore,...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - Law - 1897 - 426 pages
...be, 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...subsequent indorser who may be compelled to pay it. 2. That the instrument is at the time of his indorsement valid and subsisting. SEC. 67. Where a person...
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