 By a valid tender of payment made by a prior party; 5. By a release of the principal debtor, unless the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By any agreement binding upon the holder to extend the time...  Atlantic Reporter - Page 1991915Full view - About this book
 | Ohio. Supreme Court - Law reports, digests, etc - 1910 - 748 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By any agreement binding upon the holder to extend the...the instrument, unless made with the assent of the person secondarily liable, or unless the right of recourse against such party is expressly reserved."... | |
 | 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
...unless the holder's right of recourse against the party secondarily liable is expressly reserved. VI. By any agreement binding upon the holder to extend the...recourse against such party is expressly reserved." Section 192: 'The person 'primarily' liable on an Instrument Is a person who by the terms of the instrument... | |
 | Law reports, digests, etc - 1908 - 1134 pages
...(section 128, subd. 6): "A person secondarily liable on the instrument is discharged: * * * (6) By any agreement binding upon the holder to extend the...secondarily liable, or unless the right of recourse against said party Is expressly reserved." We agree with the superior court that the promise not to press the... | |
 | Law reports, digests, etc - 1907 - 1166 pages
...holder's right of recourse against the party secondarily liable Is expressly reserved; (6) by aiiy agreement binding upon the holder to extend the time...the holder's right to enforce the Instrument unless the right of recourse against such party Is expressly reserved." Since the passage of the negotiable... | |
 | Virginia - Law - 1899 - 724 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved. (5. By any agreement binding upon the holder to extend the...recourse against such party is expressly reserved. $121. RIGHT OF PARTY WHO DISCHARGED INSTRUMENT. — Where the instrument is paid by a party secondarily... | |
 | Law reports, digests, etc - 1916 - 1404 pages
...Instruments Laws provides that a person secondarily liable on the Instrument Is discharged (subsection 6) by any agreement binding upon the holder to extend the...recourse against such party is expressly reserved in the original instrument. A guarantor Is secondarily liable. Section 191, Negotiable Instruments... | |
 | Electronic journals - 1917 - 914 pages
...the Negotiable Instruments Law provides for the discharge of an indorser "by any agreement binding on the holder to extend the time of payment or to postpone the holder's right to enforce the instrument." The holder later sues an accommodation indorser. Held, that he may recover. Brosemer v. Brosemer, 162... | |
 | Law reports, digests, etc - 1915 - 1336 pages
...touching the transaction on maturity date, outlined above, is in premising that there was effective any "agreement binding upon the holder to extend the time of payment." Until such agreement is made, expressly or by implication, there does not come up for consideration... | |
 | Maryland - Law - 1898 - 700 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved ; 6. By any agreement binding upon the holder to extend the...the holder's right to enforce the instrument, unless the right of recourse against such party is expressly reserved. 140. Where the instrument is paid by... | |
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