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" 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... "
Acts of the General Assembly of the Commonwealth of Kentucky, Passed - Page 237
by Kentucky - 1904
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Reports of Cases Argued and Determined in the Supreme Court of Ohio, Volume 81

Ohio. Supreme Court - Law reports, digests, etc - 1910 - 748 pages
...provision of the fourth paragraph of section 3175; to the effect that the instrument may be discharged "by any other act which will discharge a simple contract for the payment of money," affect the present issue. As before stated, if the instrument itself is discharged all parties are...
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Reports of Cases Determined in the Supreme Court of the Territory ..., Volume 34

Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - Law reports, digests, etc - 1909 - 588 pages
...Intention to be bound in some other capacity." Section 119: "A negotiable instrument is discharged: I. By payment in due course by or on behalf of the principal debtor. II. By payment in due course by the party accommodated where the instrument is made or accepted for...
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Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...is now negotiable in England as well as in Scotland, vide § 8 (4). (6.) Vide §35. (c.) A bill is discharged (1) by payment in due course by or on behalf of the drawee or acceptor, or, in the case of an accommodation bill, by the person accommodated, vide § 59...
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The Lancaster Law Review, Volume 36

Law - 1919 - 310 pages
...This position is, in my judgment, untenable. It is true that a negotiable instrument is discharged by payment in due course by or on behalf of the principal debtor. Act of May 16. 1001, PL 194, sec. 119. But this provision has no application when considering the rights...
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The South Western Reporter, Volume 150

Law reports, digests, etc - 1913 - 1356 pages
...the discharge of negotiable Instruments. They are as follows : "Sec. 119. A negotiable Instrument Is discharged : "1. By payment In due course, by or on...discharge a simple contract for the payment of money ; "6. When the principal debtor becomes the bolder of the Instrument at or after maturity In his own...
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The Southwestern Reporter, Volume 175

Law reports, digests, etc - 1915 - 1328 pages
...119, 120, providing that a negotiable instrument is discharged by payment by the principal debtor, by the party accommodated where the instrument is made or accepted for accommodation, etc., and declaring thut a person secondarily liable on the instrument is discharged by an act which...
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Harvard Law Review, Volume 20

Electronic journals - 1907 - 728 pages
...leave the law unchanged by providing that a person primarily liable is discharged, inter alia, " by any act which will discharge a simple contract for the payment of money." See CRAWFORD, ANN. NEC. INST. LAW, § 200 (4). CARRIERS — BAGGAGE — LIABILITY FOR Loss OF BAGGAGE...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - Electronic journals - 1897 - 434 pages
...VIII. Discharge of Negotiable Instruments. Sec. 119. A negotiable instrument is dis- when Charged : discharged. 1. By payment in due course by or on behalf...accepted for accommodation; 3. By the intentional cancelation thereof by the holder; 4. By any other act which will discharge a simple contract for the...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - Law - 1897 - 426 pages
...Discharge of Negotiable Instruments. SEC. 119. A negotiable instrument is discharged: 1. By payment m due course by or on behalf of the principal debtor;...By payment in due course by the party accommodated, ^hen diawhere the instrument is made or accepted for accommoda- charged, tion; 3. By the intentional...
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A General Act Relative to Negotiable Instruments: (being an Act to Establish ...

Massachusetts - 1898 - 48 pages
...DISCHARGE OF NEGOTIABLE INSTRUMENTS. SECTION 119. A negotiable instrument is discharged : °got"b^°f 1. By payment in due course by or on behalf of the instrumentsprincipal debtor ; 2. By payment in due course by the party accommodated, where the instrument...
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