 Upon a review of the cases which are reported, this court is of opinion that a letter written within a reasonable time before or after the date of a bill of exchange, describing it in terms not to be mistaken, and promising to accept it, is, if shown...  The American and English Encyclopedia of Law - Page 227edited by - 1897Full view - About this book
 | United States. Supreme Court - Law reports, digests, etc - 1817 - 584 pages
...Civil IMU* of Louisiana, 355. 1817. Voi. If. (coMMoN LAW.) Payion. COoLIDGE et. al. v. PAYSON et. al. A letter, written within a reasonable time before or after the date of a hill of exchange, descrihing it in terms not to be mistaken, and promising to accept it, is, if shown... | |
 | Thomas Peake - Evidence (Law) - 1824 - 838 pages
...i it seems, that a promise to accept a bill not in ene, will not amount to a legal acceptance. Und. A letter written within a reasonable time before or...exchange, describing it in terms not to be mistaken, anil promising to accept it, if she" n to the person, who afterwards takes the bill on the credit of... | |
 | Samuel Hazard - Pennsylvania - 1828 - 434 pages
...strangers. of the Supreme Court, in the case of Coolidge i«. Payson, [2 Wheaton, 66] "that the letter within a reasonable time before or after the date...accept it, is, if shown to the person who afterwards Jakes the bill on the credit of the letter, a virtual acceptance, binding the person who makes the... | |
 | James Kent - 1826-1830 - 1828 - 432 pages
...bill on the credit of it.* In Coolidge v. Payson,' all the cases were reviewed, and it was held, that a letter, written within a reasonable time before or after the date of the bill, describing it, and promising to accept of it, is, if shown to the person who afterwards takes... | |
 | Law - 1830 - 446 pages
...terms, to draw upon goods shipped by him to them, was not sufficient to charge them as acceptors. Ib. 8. A letter written within a reasonable time, before...virtual acceptance, binding the person who makes the promise. Ib.' 9. A written demand of payment, on the maker of a promissory note, transmitted to him... | |
 | Joshua Montefiore - Commercial law - 1830 - 528 pages
...dishonored, this will amount to an absolute acceptance as will also an agreement to pay at a future day. A letter written within a reasonable time before or...terms not to be mistaken, and promising to accept it if shown to a person who afterwards takes the bill on the credit of the letter, is a virtual acceptance,... | |
 | Pennsylvania - 1830 - 522 pages
...language of the Supreme Court, in the case of Coolidge vs. Payson, [2 Wheaton, 66] "that the letter within a reasonable time before or after the date...bill of Exchange, describing it in terms not to be mistaken.and promising to accept it, is, if shown to the person who afterwards takes tl«! bill on... | |
 | William Grimshaw - Commercial law - 1831 - 354 pages
...should be special, founded on the agreement. It has been determined in the Supreme Court of the US that a letter, written within a reasonable time before...after the date of a bill of exchange, describing it in intelligible terms, and promising to. accept it, if shown to a person, who afterwards takes the bill... | |
 | John Bayley - Negotiable instruments - 1836 - 700 pages
...opinion of the Court. " Upon a review of the cases which are reported, this Court is of opinion, that a letter written within a reasonable time before or...virtual acceptance binding the person who makes the promise. This is such a case." "The mere circumstance that the bill was taken for a pre-existing debt... | |
 | United States. Circuit Court (3rd Circuit), Henry Baldwin - Law reports, digests, etc - 1837 - 670 pages
...question should be at rest. Upon a review of the cases which are reported, this court is of opinion, that a letter written within a reasonable time before or...virtual acceptance binding the person who makes the promise." The judgment of the court below was affirmed. On the first point, therefore, I am of opinion... | |
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